Country comparison Panama vs Montenegro

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Gouvernement
GDP Growth (%) [+]20242.7%chart3.2%2024GDP Growth (%) [+]
3,333K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€79,963Mchart€7,645M2024Annual GDP [+]
Annual GDP [+]2024$86,524Mchart$8,272M2024Annual GDP [+]
GDP per capita [+]2024€17,732chart€12,2602024GDP per capita [+]
GDP per capita [+]2024$19,187chart$13,2592024GDP per capita [+]
€2,077M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202445,883chart4,6452024Debt (M.€.) [+]
Debt ($M) [+]202449,648chart5,0262024Debt ($M) [+]
Debt (%GDP) [+]202457.38%chart60.76%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,161chart€7,4522024Debt Per Capita [+]
Debt Per Capita [+]2024$10,995chart$8,0632024Debt Per Capita [+]
Deficit (M.€) [+]2024-5,929chart-2152024Deficit (M.€) [+]
Deficit ($M) [+]2024-6,416chart-2332024Deficit ($M) [+]
Deficit (%GDP) [+]2024-7.42%chart-2.81%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,508.3chart3,324.02024Expenditure (M.€) [+]
Expenditure ($M) [+]202420,027.0chart3,596.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,915.8
Education Expenditure ($M) [+]20232,059.8
Education Expenditure (%Bud.) [+]202416.28%
Gov. Health Exp. (M.€) [+]20233,290.1chart466.22023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20233,557.6chart504.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202319.85%chart16.60%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20200chart140.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20200chart151.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart4.19%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202423.15%chart43.48%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€4,099chart€5,3332024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$4,435chart$5,7702024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€430
Education Expenditure P.C [+]2023$465
Gov. Health Exp. P.C. [+]2023€738chart€7362023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$798chart$7962023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2020€0chart€2252024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2020$0chart$2432024Defence Expenditure P.C. [+]
Moody's Rating [+]11/29/2024Baa3Ba309/27/2024Moody's Rating [+]
S&P Rating [+]11/26/2024BBB-B+08/30/2024S&P Rating [+]
Fitch Rating [+]02/03/2021BBB-
Corruption Index [+]202335chart462023Corruption Index [+]
Competitiveness Ranking [+]201966ºchart73º2019Competitiveness Ranking [+]
Fragile States Index [+]202447.7chart56.92024Fragile States Index [+]
RTI Raking [+]202456ºchart61º2024RTI Raking [+]
Innovation Ranking [+]202482ºchart65º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2017Q14.6%chart12.2%2023Q4Unemployment rate [+]
Unemployed [+]2017Q187Kchart39K2023Q4Unemployed [+]
NMW [+]2024$482.2chart$759.72025NMW [+]
NMW [+]2024€436.4chart€670.02025NMW [+]
Human Capital Ranking [+]201756º
Markets
0.851901/21/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/21/20264.52%chart-1.32%01/21/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]August 2025-0.4%
3.7%December 2025HICP [+]
-0.5%November 2025PPI Year on Year [+]
Money Market
2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202086ºchart50º2020Doing Business [+]
-17.6%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201939,049
Annual Vehicles/ 1,000 p. [+]December 201911.12
Vehicles / 1,000 people [+]2015170.40
Taxes
Tax Revenue (%GDP) [+]202213.1%
Standard VAT [+]01/01/20107.00%chart21.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202025.0%chart9.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,488,000chart2,036,0002022Annual arrivals [+]
Exports [+]2023€15,479.8Mchart€614.9M2024Exports [+]
Exports [+]2023$16,738.3Mchart$665.6M2024Exports [+]
Exports % GDP [+]202319.98%chart8.04%2024Exports % GDP [+]
Imports [+]2023€31,706.8Mchart€4,068.0M2024Imports [+]
Imports [+]2023$34,284.5Mchart$4,403.1M2024Imports [+]
Imports % GDP [+]202340.92%chart53.21%2024Imports % GDP [+]
Trade balance [+]2023€-16,227.0Mchart€-3,453.1M2024Trade balance [+]
Trade balance [+]2023$-19,382.1Mchart$-3,737.6M2024Trade balance [+]
Trade balance % GDP [+]2023-20.94%chart-45.17%2024Trade balance % GDP [+]
-2.1%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201520ºchart68º2015Global AgeWatch Ranking [+]
Density [+]202460chart452024Density [+]
Global Peace Ranking [+]202496ºchart35º2024Global Peace Ranking [+]
1.20‰2021Crude divorce rate [+]
Remittance received ($M) [+]2017533.0chart426.32017Remittance received ($M) [+]
% Immigrant [+]20207.32%chart11.44%2020% Immigrant [+]
% Emigrant [+]20203.26%chart21.42%2020% Emigrant [+]
Birth Rate [+]202316.03‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017451.2chart75.62017Remittance sent ($M) [+]
Crude death rate [+]20234.77‰chart10.20‰2024Crude death rate [+]
Fertility Rate [+]20232.12chart1.762023Fertility Rate [+]
5.20‰2021Crude marriage rate [+]
% risk of poverty [+]202321.7%chart20.0%2023% risk of poverty [+]
Population [+]20244,515,577chart623,3272024Population [+]
Immigrant stock [+]2020313,165chart70,9992020Immigrant stock [+]
Emigrant stock [+]2020139,520chart132,9652020Emigrant stock [+]
HDI [+]20220.820chart0.8442022HDI [+]
Gender Gap Ranking [+]202450ºchart67º2024Gender Gap Ranking [+]
Life expectancy [+]202379.59chart77.602023Life expectancy [+]
Suicides [+]2015216chart692015Suicides [+]
Suicide rate [+]20155.44chart11.072015Suicide rate [+]
Number of homicides [+]2023522chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]202311.71chart0.792023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.29
Consumption GWh [+]202311,777chart2,7192023Consumption GWh [+]
Generation GWh [+]202312,872chart4,1872023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20258,829chart2,65412/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20251,045,652chart251,28012/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/29/20233,178,700chart284,86908/26/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20251,955.23chart4,257.8012/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/29/20239,201,276chart679,17108/26/2022Doses administered [+]
Panama
Montenegro