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 Bulgaria GouvernementGDP Growth (%) [+]20242.7%3.4%2024GDP Growth (%) [+]4,652K2025Q3Qu. GDP Per Capita [+]Annual GDP [+]2024€79,963M€104,767M2024Annual GDP [+]Annual GDP [+]2024$86,524M$113,343M2024Annual GDP [+]GDP per capita [+]2024€17,732€16,2602024GDP per capita [+]GDP per capita [+]2024$19,187$17,4352024GDP per capita [+]€29,949M2025Q3Quarterly GDP [+]Debt (M.€.) [+]202445,88324,9772024Debt (M.€.) [+]Debt ($M) [+]202449,64827,0242024Debt ($M) [+]Debt (%GDP) [+]202457.38%23.80%2024Debt (%GDP) [+]Debt Per Capita [+]2024€10,161€3,8802024Debt Per Capita [+]Debt Per Capita [+]2024$10,995$4,1982024Debt Per Capita [+]Deficit (M.€) [+]2024-5,929-3,1912024Deficit (M.€) [+]Deficit ($M) [+]2024-6,416-3,4102024Deficit ($M) [+]Deficit (%GDP) [+]2024-7.42%-3.00%2024Deficit (%GDP) [+]Expenditure (M.€) [+]202418,508.341,060.52024Expenditure (M.€) [+]Expenditure ($M) [+]202420,027.041,133.82024Expenditure ($M) [+]Education Expenditure (M.€) [+]20231,915.83,874.52022Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20232,059.84,079.92022Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202416.28%11.98%2022Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20233,290.14,711.22023Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20233,557.65,094.22023Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202319.85%12.83%2023Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]202002,251.92024Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]202002,436.32024Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20200%5.49%2024Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202423.15%39.20%2024Expenditure (%GDP) [+]Expenditure Per Capita [+]2024€4,099€6,3782024Expenditure Per Capita [+]Expenditure Per Capita [+]2024$4,435$6,3902024Expenditure Per Capita [+]Education Expenditure P.C [+]2023€430€5992022Education Expenditure P.C [+]Education Expenditure P.C [+]2023$465$6332022Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2023€738€7312023Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2023$798$7902023Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2020€0€3502024Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2020$0$3752024Defence Expenditure P.C. [+]Moody's Rating [+]11/29/2024Baa3Baa101/24/2025Moody's Rating [+]S&P Rating [+]11/26/2024BBB-BBB+07/10/2025S&P Rating [+]Fitch Rating [+]02/03/2021BBB-BBB04/24/2020Fitch Rating [+]Corruption Index [+]202335452023Corruption Index [+]Competitiveness Ranking [+]201966º49º2019Competitiveness Ranking [+]Fragile States Index [+]202447.749.42024Fragile States Index [+]RTI Raking [+]202456º58º2024RTI Raking [+]Innovation Ranking [+]202482º38º2024Innovation Ranking [+]Labour3.5%November 2025Unemployment Rate [+]Unemployment rate [+]2017Q14.6%3.4%2025Q3Unemployment rate [+]Unemployed [+]2017Q187K105K2025Q3Unemployed [+]NMW [+]2024$482.2$624.42025NMW [+]NMW [+]2024€436.4€1,077.82025NMW [+]$15,4462024Average Wage [+]€14,2712024Average Wage [+]Human Capital Ranking [+]201756º32º2017Human Capital Ranking [+]Markets1.955812/31/2025Euro / Bulgarian Lev [+]1.664512/31/2025US Dollar exchange rate [+]Stock ExchangeYTD % [+]01/14/20263.00%0%03/31/2025Stock ExchangeYTD % [+]PricesCPI (overall index) [+]August 2025-0.4%5.0%December 2025CPI (overall index) [+]3.7%November 2025HICP [+]13.8%November 2025PPI Year on Year [+]BusinessDoing Business [+]202086º61º2020Doing Business [+]-9.3%November 2025IPI Year on Year [+]Passengers vehicles Year [+]December 201939,04982,005December 2024Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 201911.125.82December 2022Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]2015170.40518.352020Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202213.1%30.3%2024Tax Revenue (%GDP) [+]Standard VAT [+]01/01/20107.00%20.00%04/01/2011Standard VAT [+]Top tax rate + SSC [+]202025.0%10.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]20221,488,0005,557,0002022Annual arrivals [+]Exports [+]2023€15,479.8M€44,249.0M2024Exports [+]Exports [+]2023$16,738.3M$47,894.2M2024Exports [+]Exports % GDP [+]202319.98%42.24%2024Exports % GDP [+]Imports [+]2023€31,706.8M€50,840.7M2024Imports [+]Imports [+]2023$34,284.5M$55,029.0M2024Imports [+]Imports % GDP [+]202340.92%48.53%2024Imports % GDP [+]Trade balance [+]2023€-16,227.0M€-6,591.7M2024Trade balance [+]Trade balance [+]2023$-19,382.1M$-7,134.7M2024Trade balance [+]Trade balance % GDP [+]2023-20.94%-6.29%2024Trade balance % GDP [+]3.2%November 2025Retail Sales YoY [+]Socio-DemographyGlobal AgeWatch Ranking [+]201520º49º2015Global AgeWatch Ranking [+]Density [+]202460582024Density [+]Global Peace Ranking [+]202496º26º2024Global Peace Ranking [+]1.40‰2023Crude divorce rate [+]Remittance received ($M) [+]2017533.02,223.52017Remittance received ($M) [+]% Immigrant [+]20207.32%2.82%2020% Immigrant [+]% Emigrant [+]20203.26%25.77%2020% Emigrant [+]Birth Rate [+]202316.03‰8.30‰2024Birth Rate [+]Remittance sent ($M) [+]2017451.2145.62017Remittance sent ($M) [+]Crude death rate [+]20234.77‰15.60‰2024Crude death rate [+]Fertility Rate [+]20232.121.812023Fertility Rate [+]3.40‰2023Crude marriage rate [+]% risk of poverty [+]202321.7%21.7%2024% risk of poverty [+]Population [+]20244,515,5776,437,3602024Population [+]Immigrant stock [+]2020313,165184,3632020Immigrant stock [+]Emigrant stock [+]2020139,5201,683,0742020Emigrant stock [+]HDI [+]20220.8200.7992022HDI [+]Gender Gap Ranking [+]202450º60º2024Gender Gap Ranking [+]Life expectancy [+]202379.5975.902024Life expectancy [+]Suicides [+]20152164522023Suicides [+]Suicide rate [+]20155.447.012023Suicide rate [+]Number of homicides [+]2023522742023Number of homicides [+]Rate Homicides per 100.000 [+]202311.711.092023Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20233.295.862023CO2 Tons per capita [+]12024Annual crude oil production [+]15.02021Crude Oil Reserves [+]Consumption GWh [+]202311,77734,1782023Consumption GWh [+]Generation GWh [+]202312,87239,4832023Generation GWh [+]OthersCOVID-19 - Deaths [+]12/21/20258,82738,77412/21/2025COVID-19 - Deaths [+]COVID-19 - Confirmed [+]12/21/20251,045,6501,340,76712/21/2025COVID-19 - Confirmed [+]Fully vaccinated [+]12/29/20233,178,7002,078,00606/29/2024Fully vaccinated [+]COVID-19 - Deaths per million population [+]12/21/20251,954.796,023.2812/21/2025COVID-19 - Deaths per million population [+]Doses administered [+]12/29/20239,201,2764,726,61406/29/2024Doses administered [+]PanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,515,577Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICABulgariaCountrySubcontinentContinentWorldCapital: SofiaPopulation: 6,437,360Surface Area: 110,997 km2Currency: Bulgarian Lev (1 EUR=1.9558 BGN)Religion: Mostly Christianity Belongs to: CoE, EA, EEA, IMF, NATO, UN, OSCE, EU 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 Compare Cameroon Panama Compare Canada Panama Compare Central African Republic Panama Compare Chad Panama Compare Chile Panama Compare China Panama Compare Colombia Panama Compare Comoros Panama Compare Costa Rica Panama Compare Côte d'Ivoire Panama Compare Croatia Panama Compare Cuba Panama Compare Cyprus Panama Compare Czechia Panama Compare Democratic Republic of the Congo Panama Compare Denmark Panama Compare Djibouti Panama Compare Dominica Panama Compare Dominican Republic Panama Compare Ecuador Panama Compare Egypt Panama Compare El Salvador Panama Compare Equatorial Guinea Panama Compare Eritrea Panama Compare Estonia Panama Compare Eswatini Panama Compare Ethiopia Panama Compare Euro zone Panama Compare Federated States of Micronesia Panama Compare Fiji Panama Compare Finland Panama Compare France Panama Compare Gabon Panama Compare Georgia Panama Compare Germany Panama Compare Ghana Panama Compare Greece Panama Compare Grenada Panama Compare Guatemala Panama Compare Guinea Panama Compare 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