Country comparison Panama vs Belgium

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Gouvernement
GDP Growth (%) [+]20242.7%chart1.0%2025GDP Growth (%) [+]
13,638K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€79,963Mchart€641,893M2025Annual GDP [+]
Annual GDP [+]2024$86,524Mchart$725,328M2025Annual GDP [+]
GDP per capita [+]2024€17,732chart€53,9202025GDP per capita [+]
GDP per capita [+]2024$19,187chart$61,0362025GDP per capita [+]
€162,072M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]202445,883chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]202449,648chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202457.38%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,304chart€54,2262024Debt Per Capita [+]
Debt Per Capita [+]2024$11,149chart$58,5372024Debt Per Capita [+]
Deficit (M.€) [+]2024-5,929chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]2024-6,416chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]2024-7.42%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,508.3chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202420,027.0chart361,996.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,915.8chart35,228.42022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,059.8chart37,255.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202416.28%chart12.01%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,290.1chart49,726.62024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20233,557.6chart53,823.12024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202319.85%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20200chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20200chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202423.15%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€4,156chart€28,2152024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$4,497chart$30,4622024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€430chart€3,0162022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$465chart$3,2092022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€738chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$798chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2020€0chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2020$0chart$7182024Defence Expenditure P.C. [+]
Moody's Rating [+]11/29/2024Baa3Aa310/11/2024Moody's Rating [+]
S&P Rating [+]11/26/2024BBB-AA11/25/2011S&P Rating [+]
Fitch Rating [+]02/03/2021BBB-AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202335chart732023Corruption Index [+]
Competitiveness Ranking [+]201966ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202447.7chart30.32024Fragile States Index [+]
RTI Raking [+]202456ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202482ºchart24º2024Innovation Ranking [+]
Labour
6.4%January 2026Unemployment Rate [+]
Unemployment rate [+]2017Q14.6%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2017Q187Kchart351K2025Q3Unemployed [+]
NMW [+]2024$482.2chart$2,481.62026NMW [+]
NMW [+]2024€436.4chart€2,112.02026NMW [+]
$65,8532024Average Wage [+]
€60,8412024Average Wage [+]
Human Capital Ranking [+]201756ºchart15º2017Human Capital Ranking [+]
Markets
0.859003/10/2026US Dollar exchange rate [+]
3.36%03/11/202610-Year Bond Yield [+]
4303/11/2026Risk Premium [+]
Stock ExchangeYTD % [+]03/10/202618.51%chart4.11%03/10/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]August 2025-0.4%chart2.4%November 2025CPI (overall index) [+]
2.2%December 2025HICP [+]
0.9%January 2026PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202086ºchart46º2020Doing Business [+]
11.2%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201939,049chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 201911.12chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
Vehicles / 1,000 people [+]2015170.40chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202311.9%chart44.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20107.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202025.0%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,488,000chart8,220,0002022Annual arrivals [+]
Exports [+]2023€15,479.8Mchart€503,249.9M2025Exports [+]
Exports [+]2023$16,738.3Mchart$568,662.3M2025Exports [+]
Exports % GDP [+]202319.98%chart78.40%2025Exports % GDP [+]
Imports [+]2023€31,706.8Mchart€476,599.4M2025Imports [+]
Imports [+]2023$34,284.5Mchart$538,547.8M2025Imports [+]
Imports % GDP [+]202340.92%chart74.25%2025Imports % GDP [+]
Trade balance [+]2023€-16,227.0Mchart€26,650.5M2025Trade balance [+]
Trade balance [+]2023$-19,382.1Mchart$30,114.5M2025Trade balance [+]
Trade balance % GDP [+]2023-20.94%chart4.15%2025Trade balance % GDP [+]
0.5%January 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201520ºchart24º2015Global AgeWatch Ranking [+]
Density [+]202359chart3872024Density [+]
Global Peace Ranking [+]202496ºchart16º2024Global Peace Ranking [+]
1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017533.0chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]20207.32%chart17.36%2020% Immigrant [+]
% Emigrant [+]20203.26%chart5.00%2020% Emigrant [+]
Birth Rate [+]202316.03‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017451.2chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]20234.77‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20232.12chart1.442024Fertility Rate [+]
4.00‰2023Crude marriage rate [+]
% risk of poverty [+]202321.7%chart10.9%2025% risk of poverty [+]
Population [+]20234,453,000chart11,883,4952024Population [+]
Immigrant stock [+]2020313,165chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]2020139,520chart577,4632020Emigrant stock [+]
HDI [+]20220.820chart0.9422022HDI [+]
Gender Gap Ranking [+]202450ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202379.59chart82.402024Life expectancy [+]
Suicides [+]2015216chart1,5852023Suicides [+]
Suicide rate [+]20155.44chart13.412023Suicide rate [+]
Number of homicides [+]2023522chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]202311.71chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.29chart7.182023CO2 Tons per capita [+]
Consumption GWh [+]202412,411chart79,0162024Consumption GWh [+]
Generation GWh [+]202413,435chart72,3752024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20268,830chart34,33902/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/20261,045,652chart4,906,78902/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/29/20233,178,700chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20261,982.93chart2,889.6402/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/29/20239,201,276chart31,469,38802/11/2024Doses administered [+]
Panama
Belgium