AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompare Panama Brazil Gouvernement2,303K2024Q4Qu. GDP Per Capita [+]Annual GDP [+]2023€77,054M€2,009,718M2023Annual GDP [+]Annual GDP [+]2023$83,318M$2,173,671M2023Annual GDP [+]GDP per capita [+]2023€17,304€9,4932023GDP per capita [+]GDP per capita [+]2023$18,711$10,2682023GDP per capita [+]€487,430M2024Q4Quarterly GDP [+]Debt (M.€.) [+]202340,3861,701,7392023Debt (M.€.) [+]Debt ($M) [+]202343,6811,840,5672023Debt ($M) [+]Debt (%GDP) [+]202352.39%84.68%2023Debt (%GDP) [+]Debt Per Capita [+]2023€9,069€8,0392023Debt Per Capita [+]Debt Per Capita [+]2023$9,809$8,6942023Debt Per Capita [+]Deficit (M.€) [+]2023-2,302-153,6782023Deficit (M.€) [+]Deficit ($M) [+]2023-2,490-166,2152023Deficit ($M) [+]Deficit (%GDP) [+]2023-2.99%-7.65%2023Deficit (%GDP) [+]Expenditure (M.€) [+]202316,250.3913,400.82023Expenditure (M.€) [+]Expenditure ($M) [+]202317,576.0987,916.12023Expenditure ($M) [+]Education Expenditure (M.€) [+]20222,822.474,646.52020Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20222,576.591,835.22021Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202311.92%11.56%2020Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20223,457.576,060.42022Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20223,640.880,124.62022Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202222.23%9.00%2022Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]2020021,680.22023Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]2020023,448.92023Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20200%2.24%2023Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202321.08%45.45%2023Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€3,649€4,3152023Expenditure Per Capita [+]Expenditure Per Capita [+]2023$3,947$4,6672023Expenditure Per Capita [+]Education Expenditure P.C [+]2022€642€3572020Education Expenditure P.C [+]Education Expenditure P.C [+]2022$677$4072020Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2022€786€3622022Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2022$827$3812022Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2020€0€1022023Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2020$0$1112023Defence Expenditure P.C. [+]Moody's Rating [+]11/29/2024Baa3Ba110/01/2024Moody's Rating [+]S&P Rating [+]11/26/2024BBB-BB12/19/2023S&P Rating [+]Fitch Rating [+]02/03/2021BBB-BB-05/05/2020Fitch Rating [+]Corruption Index [+]202335362023Corruption Index [+]Competitiveness Ranking [+]201966º71º2019Competitiveness Ranking [+]Fragile States Index [+]202447.770.32024Fragile States Index [+]RTI Raking [+]202456º28º2024RTI Raking [+]Innovation Ranking [+]202482º50º2024Innovation Ranking [+]Labour13.2%August 2021Unemployment Rate [+]Unemployment rate [+]2017Q14.6%11.7%2018Q4Unemployment rate [+]Unemployed [+]2017Q187K12,193K2018Q4Unemployed [+]NMW [+]2024$482.2$291.02024NMW [+]NMW [+]2024€436.4€263.32024NMW [+]Human Capital Ranking [+]201756º77º2017Human Capital Ranking [+]Markets6.191103/21/2025Euro / Brazilian reals [+]5.662203/20/2025US Dollar exchange rate [+]Stock ExchangeYTD % [+]03/21/20253.36%10.03%03/21/2025Stock ExchangeYTD % [+]PricesCPI (overall index) [+]December 2024-0.2%4.9%February 2025CPI (overall index) [+]7.3%August 2015PPI Year on Year [+]Money Market14.25%03/20/2025Key rates [+]BusinessDoing Business [+]202086º109º2019Doing Business [+]Passengers vehicles Year [+]December 201939,0491,948,681December 2024Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 201911.1212.45December 2024Annual Vehicles/ 1,000 p. [+]2,324,8382023Motor vehicle production [+]Vehicles / 1,000 people [+]2015170.40218.592020Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202213.1%33.3%2022Tax Revenue (%GDP) [+]Standard VAT [+]01/01/20107.00%18.00%01/01/2017Standard VAT [+]Top tax rate + SSC [+]202025.0%27.5%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]20221,488,0003,630,0002022Annual arrivals [+]Exports [+]2023€15,479.8M€314,155.0M2023Exports [+]Exports [+]2023$16,738.3M$339,695.8M2023Exports [+]Exports % GDP [+]202320.09%15.63%2023Exports % GDP [+]Imports [+]2023€31,706.8M€233,709.9M2023Imports [+]Imports [+]2023$34,284.5M$252,710.5M2023Imports [+]Imports % GDP [+]202341.15%11.63%2023Imports % GDP [+]Trade balance [+]2023€-16,227.0M€80,445.1M2023Trade balance [+]Trade balance [+]2023$-19,382.1M$86,985.3M2023Trade balance [+]Trade balance % GDP [+]2023-21.06%4.00%2023Trade balance % GDP [+]-1.9%January 2022Retail Sales YoY [+]Socio-DemographyGlobal AgeWatch Ranking [+]201520º56º2015Global AgeWatch Ranking [+]Density [+]202359252023Density [+]Global Peace Ranking [+]202496º131º2024Global Peace Ranking [+]Remittance received ($M) [+]2017533.02,698.82017Remittance received ($M) [+]% Immigrant [+]20207.32%0.52%2020% Immigrant [+]% Emigrant [+]20203.26%0.91%2020% Emigrant [+]Birth Rate [+]202217.40‰12.65‰2022Birth Rate [+]Remittance sent ($M) [+]2017451.21,758.92017Remittance sent ($M) [+]Crude death rate [+]20225.90‰8.14‰2022Crude death rate [+]Fertility Rate [+]20222.301.632022Fertility Rate [+]% risk of poverty [+]202121.8%26.5%2017% risk of poverty [+]Population [+]20234,453,000211,695,0002023Population [+]Immigrant stock [+]2020313,1651,079,7082020Immigrant stock [+]Emigrant stock [+]2020139,5201,897,1282020Emigrant stock [+]HDI [+]20220.8200.7602022HDI [+]Gender Gap Ranking [+]202450º70º2024Gender Gap Ranking [+]Life expectancy [+]202276.8373.432022Life expectancy [+]Suicides [+]201521615,4952021Suicides [+]Suicide rate [+]20155.447.302021Suicide rate [+]Number of homicides [+]202249944,3672022Number of homicides [+]Rate Homicides per 100.000 [+]202211.3421.102022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20233.292.202023CO2 Tons per capita [+]3,4022023Annual crude oil production [+]12,714.62021Crude Oil Reserves [+]Consumption GWh [+]202311,777608,4512023Consumption GWh [+]Generation GWh [+]202312,872700,2592023Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20248,748702,11608/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/20241,044,82137,511,92108/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]05/12/20233,174,155176,164,18603/22/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20241,964.523,316.6408/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]05/12/20238,893,001486,436,43603/22/2023Doses administered [+]PanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,453,000Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICABrazilCountrySubcontinentContinentWorldCapital: BrasiliaPopulation: 211,695,000Surface Area: 8,510,418 km2Currency: Brazilian reals (1 EUR=6.1911 BRL)Religion: Mostly Christianity Belongs to: BRICS, G20, IMF, MERCOSUR, OAS, UN, USAN Compare Afghanistan Panama Compare Albania Panama Compare Algeria Panama Compare Andorra Panama Compare Angola Panama Compare Antigua and Barbuda Panama Compare Argentina Panama Compare Armenia Panama Compare Australia Panama Compare Austria Panama Compare Azerbaijan Panama Compare Bahamas Panama Compare Bahrain Panama Compare Bangladesh Panama Compare Barbados Panama Compare Belarus Panama Compare Belgium Panama Compare Belize Panama Compare Benin Panama Compare Bhutan Panama Compare Bolivia Panama Compare Bosnia and Herzegovina Panama Compare Botswana Panama Compare Brazil Panama Compare Brunei Panama Compare Bulgaria Panama Compare Burkina Faso Panama Compare Burundi Panama Compare Cabo Verde Panama Compare Cambodia Panama 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