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 Ecuador GouvernementAnnual GDP [+]2023€77,113M€109,881M2023Annual GDP [+]Annual GDP [+]2023$83,382M$118,845M2023Annual GDP [+]GDP per capita [+]2023€17,317€6,2032023GDP per capita [+]GDP per capita [+]2023$18,725$6,7092023GDP per capita [+]Debt (M.€.) [+]202340,38660,8172023Debt (M.€.) [+]Debt ($M) [+]202343,68165,7782023Debt ($M) [+]Debt (%GDP) [+]202352.39%55.35%2023Debt (%GDP) [+]Debt Per Capita [+]2023€9,069€3,4332023Debt Per Capita [+]Debt Per Capita [+]2023$9,809$3,7132023Debt Per Capita [+]Deficit (M.€) [+]2023-2,302-3,9042023Deficit (M.€) [+]Deficit ($M) [+]2023-2,490-4,2232023Deficit ($M) [+]Deficit (%GDP) [+]2023-2.99%-3.55%2023Deficit (%GDP) [+]Expenditure (M.€) [+]202316,250.344,190.92023Expenditure (M.€) [+]Expenditure ($M) [+]202317,576.047,796.02023Expenditure ($M) [+]Education Expenditure (M.€) [+]20222,822.44,034.62022Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20222,576.54,627.42023Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202311.92%9.27%2022Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20212,892.74,738.52021Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20213,421.25,604.22021Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202121.66%14.76%2021Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]202002,384.22022Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]202002,512.72022Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20200%6.32%2021Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202321.08%40.22%2023Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€3,649€2,4952023Expenditure Per Capita [+]Expenditure Per Capita [+]2023$3,947$2,6982023Expenditure Per Capita [+]Education Expenditure P.C [+]2022€642€2282022Education Expenditure P.C [+]Education Expenditure P.C [+]2022$677$2402022Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2021€665€2662021Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2021$786$3152021Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2020€0€1352022Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2020$0$1422022Defence Expenditure P.C. [+]Moody's Rating [+]11/29/2024Baa3Caa302/27/2023Moody's Rating [+]S&P Rating [+]11/26/2024BBB-B-01/11/2024S&P Rating [+]Fitch Rating [+]02/03/2021BBB-B-09/03/2020Fitch Rating [+]Corruption Index [+]202236362022Corruption Index [+]Competitiveness Ranking [+]201966º90º2019Competitiveness Ranking [+]Fragile States Index [+]201849.574.22018Fragile States Index [+]RTI Raking [+]202241º83º2022RTI Raking [+]Innovation Ranking [+]201870º97º2018Innovation Ranking [+]LabourUnemployment rate [+]2017Q14.6%3.7%2024Q3Unemployment rate [+]Unemployed [+]2017Q187K321K2024Q3Unemployed [+]NMW [+]2024$482.2$460.02024NMW [+]NMW [+]2024€436.4€416.32024NMW [+]Human Capital Ranking [+]201756º76º2017Human Capital Ranking [+]MarketsStock ExchangeYTD % [+]12/06/202413.31%PricesCPI (overall index) [+]October 2024-0.3%1.5%November 2024CPI (overall index) [+]Money Market10.43%12/01/2024Key rates [+]BusinessDoing Business [+]202086º129º2020Doing Business [+]Passengers vehicles Year [+]December 201939,049100,069December 2022Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 201911.127.12December 2022Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]2015170.40152.822020Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202112.7%19.4%2021Tax Revenue (%GDP) [+]Standard VAT [+]01/01/20107.00%12.00%01/01/2006Standard VAT [+]Top tax rate + SSC [+]202025.0%35.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]20191,752,6452,107,6922019Annual arrivals [+]Exports [+]2023€14,531.4M€28,786.1M2023Exports [+]Exports [+]2023$15,712.8M$31,126.4M2023Exports [+]Exports % GDP [+]202318.84%26.20%2023Exports % GDP [+]Imports [+]2023€32,456.2M€28,575.0M2023Imports [+]Imports [+]2023$35,094.9M$30,898.2M2023Imports [+]Imports % GDP [+]202342.09%26.01%2023Imports % GDP [+]Trade balance [+]2023€-17,924.8M€211.1M2023Trade balance [+]Trade balance [+]2023$-19,382.1M$228.3M2023Trade balance [+]Trade balance % GDP [+]2023-23.24%0.19%2023Trade balance % GDP [+]Socio-DemographyGlobal AgeWatch Ranking [+]201520º44º2015Global AgeWatch Ranking [+]Density [+]202359692022Density [+]Global Peace Ranking [+]202368º97º2023Global Peace Ranking [+]Remittance received ($M) [+]2017533.02,848.02017Remittance received ($M) [+]% Immigrant [+]20207.32%4.48%2020% Immigrant [+]% Emigrant [+]20203.26%6.44%2020% Emigrant [+]Birth Rate [+]202217.40‰16.58‰2022Birth Rate [+]Remittance sent ($M) [+]2017451.2828.12017Remittance sent ($M) [+]Crude death rate [+]20225.90‰4.85‰2022Crude death rate [+]Fertility Rate [+]20222.302.002022Fertility Rate [+]% risk of poverty [+]202121.8%25.2%2022% risk of poverty [+]Population [+]20234,453,00017,715,0002022Population [+]Immigrant stock [+]2020313,165784,7872020Immigrant stock [+]Emigrant stock [+]2020139,5201,127,8912020Emigrant stock [+]HDI [+]20210.8050.7402021HDI [+]Gender Gap Ranking [+]202358º50º2023Gender Gap Ranking [+]Life expectancy [+]202276.8377.892022Life expectancy [+]Suicides [+]20152161,2072015Suicides [+]Suicide rate [+]20155.447.422015Suicide rate [+]Number of homicides [+]20224998,2212023Number of homicides [+]Rate Homicides per 100.000 [+]202211.3445.722023Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20222.582.592022CO2 Tons per capita [+]4752023Annual crude oil production [+]8,273.02021Crude Oil Reserves [+]Consumption GWh [+]202211,60827,7022022Consumption GWh [+]Generation GWh [+]202213,35532,6452022Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20248,74836,05008/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/20241,044,8211,077,44508/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]05/12/20233,174,15514,240,58703/31/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20241,964.522,035.0008/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]05/12/20238,893,00139,564,19503/31/2023Doses administered [+]PanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,453,000Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICAEcuadorCountrySubcontinentContinentWorldCapital: QuitoPopulation: 17,715,000Surface Area: 256,370 km2Currency: United States dollarsReligion: Mostly Christianity Belongs to: CAN, IMF, OAS, UN, OPEC, 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 Compare Cameroon Panama Compare Canada Panama Compare Central African Republic Panama Compare Chad Panama Compare Chile Panama Compare China 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