Country comparison Panama vs North Macedonia

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Gouvernement
GDP Growth (%) [+]20242.7%chart3.0%2024GDP Growth (%) [+]
2,369K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€79,963Mchart€15,672M2024Annual GDP [+]
Annual GDP [+]2024$86,524Mchart$16,679M2024Annual GDP [+]
GDP per capita [+]2024€17,732chart€8,5902024GDP per capita [+]
GDP per capita [+]2024$19,187chart$9,1692024GDP per capita [+]
€4,318M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202445,883chart8,4522024Debt (M.€.) [+]
Debt ($M) [+]202449,648chart9,1462024Debt ($M) [+]
Debt (%GDP) [+]202457.38%chart54.83%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,161chart€4,6372024Debt Per Capita [+]
Debt Per Capita [+]2024$10,995chart$5,0182024Debt Per Capita [+]
Deficit (M.€) [+]2024-5,929chart-6852024Deficit (M.€) [+]
Deficit ($M) [+]2024-6,416chart-7422024Deficit ($M) [+]
Deficit (%GDP) [+]2024-7.42%chart-4.45%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,508.3chart5,661.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202420,027.0chart6,125.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,915.8chart139.92002Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,059.8chart132.62002Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202416.28%chart8.64%2002Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,290.1chart623.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20233,557.6chart674.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202319.85%chart12.05%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20200chart329.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20200chart350.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart5.55%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202423.15%chart36.73%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€4,099chart€3,1062024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$4,435chart$3,3612024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€430chart€692002Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$465chart$652002Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€738chart€3402023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$798chart$3682023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2020€0chart€1812024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2020$0chart$1932024Defence Expenditure P.C. [+]
Moody's Rating [+]11/29/2024Baa3
S&P Rating [+]11/26/2024BBB-BB-05/24/2013S&P Rating [+]
Fitch Rating [+]02/03/2021BBB-BB+05/15/2020Fitch Rating [+]
Corruption Index [+]202335chart422023Corruption Index [+]
Competitiveness Ranking [+]201966ºchart82º2019Competitiveness Ranking [+]
Fragile States Index [+]202447.7chart58.12024Fragile States Index [+]
RTI Raking [+]202456ºchart26º2024RTI Raking [+]
Innovation Ranking [+]202482ºchart58º2024Innovation Ranking [+]
Labour
11.2%November 2025Unemployment Rate [+]
Unemployment rate [+]2017Q14.6%chart11.5%2025Q3Unemployment rate [+]
Unemployed [+]2017Q187Kchart92K2025Q3Unemployed [+]
NMW [+]2024$482.2chart$388.92023NMW [+]
NMW [+]2024€436.4chart€541.02025NMW [+]
Human Capital Ranking [+]201756ºchart67º2017Human Capital Ranking [+]
Markets
Stock ExchangeYTD % [+]01/14/20263.00%chart1.39%01/15/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]August 2025-0.4%
3.6%November 2025HICP [+]
4.6%November 2025PPI Year on Year [+]
Business
Doing Business [+]202086ºchart17º2020Doing Business [+]
-2.8%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201939,049chart4,060December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 201911.12chart2.24December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015170.40chart205.562015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202213.1%
Standard VAT [+]01/01/20107.00%chart18.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202025.0%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,488,000chart537,0002022Annual arrivals [+]
Exports [+]2023€15,479.8Mchart€7,783.5M2024Exports [+]
Exports [+]2023$16,738.3Mchart$8,424.7M2024Exports [+]
Exports % GDP [+]202319.98%chart49.67%2024Exports % GDP [+]
Imports [+]2023€31,706.8Mchart€11,065.7M2024Imports [+]
Imports [+]2023$34,284.5Mchart$11,977.3M2024Imports [+]
Imports % GDP [+]202340.92%chart70.61%2024Imports % GDP [+]
Trade balance [+]2023€-16,227.0Mchart€-3,282.2M2024Trade balance [+]
Trade balance [+]2023$-19,382.1Mchart$-3,552.6M2024Trade balance [+]
Trade balance % GDP [+]2023-20.94%chart-20.94%2024Trade balance % GDP [+]
2.2%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201520º
Density [+]202460chart712024Density [+]
Global Peace Ranking [+]202496ºchart38º2024Global Peace Ranking [+]
1.00‰2021Crude divorce rate [+]
Remittance received ($M) [+]2017533.0chart314.02017Remittance received ($M) [+]
% Immigrant [+]20207.32%chart6.35%2020% Immigrant [+]
% Emigrant [+]20203.26%chart33.54%2020% Emigrant [+]
Birth Rate [+]202316.03‰chart8.80‰2024Birth Rate [+]
Remittance sent ($M) [+]2017451.2chart128.22017Remittance sent ($M) [+]
Crude death rate [+]20234.77‰chart11.10‰2024Crude death rate [+]
Fertility Rate [+]20232.12chart1.492023Fertility Rate [+]
6.80‰2021Crude marriage rate [+]
% risk of poverty [+]202321.7%chart22.2%2023% risk of poverty [+]
Population [+]20244,515,577chart1,822,6122024Population [+]
Immigrant stock [+]2020313,165chart131,3112020Immigrant stock [+]
Emigrant stock [+]2020139,520chart693,8962020Emigrant stock [+]
HDI [+]20220.820chart0.7652022HDI [+]
Gender Gap Ranking [+]202450ºchart58º2024Gender Gap Ranking [+]
Life expectancy [+]202379.59chart75.322023Life expectancy [+]
Suicides [+]2015216chart1222010Suicides [+]
Suicide rate [+]20155.44chart5.902010Suicide rate [+]
Number of homicides [+]2023522chart282023Number of homicides [+]
Rate Homicides per 100.000 [+]202311.71chart1.532023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.29chart4.192023CO2 Tons per capita [+]
Consumption GWh [+]202311,777chart5,3642023Consumption GWh [+]
Generation GWh [+]202312,872chart6,2062023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20258,827chart9,99112/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/20251,045,650chart352,09312/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/29/20233,178,700chart838,18105/07/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20251,954.79chart5,481.6912/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/29/20239,201,276chart1,862,98705/07/2023Doses administered [+]
Panama
North Macedonia