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 Norway Gouvernement21,070K2025Q1Qu. GDP Per Capita [+]Annual GDP [+]2024€81,038M€446,866M2024Annual GDP [+]Annual GDP [+]2024$87,688M$483,593M2024Annual GDP [+]GDP per capita [+]2024€18,199€80,2002024GDP per capita [+]GDP per capita [+]2024$19,692$86,6112024GDP per capita [+]€117,875M2025Q1Quarterly GDP [+]Debt (M.€.) [+]202339,698197,4162023Debt (M.€.) [+]Debt ($M) [+]202342,937213,5212023Debt ($M) [+]Debt (%GDP) [+]202351.49%44.21%2023Debt (%GDP) [+]Debt Per Capita [+]2023€8,915€35,5692023Debt Per Capita [+]Debt Per Capita [+]2023$9,642$38,4712023Debt Per Capita [+]Deficit (M.€) [+]2023-3,02459,1282024Deficit (M.€) [+]Deficit ($M) [+]2023-3,27163,9992024Deficit ($M) [+]Deficit (%GDP) [+]2023-3.92%13.20%2024Deficit (%GDP) [+]Expenditure (M.€) [+]202316,571.1220,375.12024Expenditure (M.€) [+]Expenditure ($M) [+]202317,923.0238,529.62024Expenditure ($M) [+]Education Expenditure (M.€) [+]20222,822.422,528.52022Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20222,576.523,673.02022Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202311.92%10.12%2022Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20223,457.537,248,506,539.22024Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20223,640.840,405.52022Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202222.23%17.75%2022Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]202007,177.12023Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]202007,762.42023Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20200%4.00%2023Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202321.49%49.30%2024Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€3,721€39,3932024Expenditure Per Capita [+]Expenditure Per Capita [+]2023$4,025$42,6382024Expenditure Per Capita [+]Education Expenditure P.C [+]2022€642€4,1282022Education Expenditure P.C [+]Education Expenditure P.C [+]2022$677$4,3242022Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2022€786€6,7112024Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2022$827$7,4482022Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2020€0€1,3002023Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2020$0$1,4032023Defence Expenditure P.C. [+]Moody's Rating [+]11/29/2024Baa3Aaa06/07/2024Moody's Rating [+]S&P Rating [+]11/26/2024BBB-AAA07/09/1975S&P Rating [+]Fitch Rating [+]02/03/2021BBB-AAA02/28/2020Fitch Rating [+]Corruption Index [+]202335842023Corruption Index [+]Competitiveness Ranking [+]201966º17º2019Competitiveness Ranking [+]Fragile States Index [+]202447.712.72024Fragile States Index [+]RTI Raking [+]202456º86º2024RTI Raking [+]Innovation Ranking [+]202482º21º2024Innovation Ranking [+]Labour4.6%May 2025Unemployment Rate [+]Unemployment rate [+]2017Q14.6%4.1%2025Q1Unemployment rate [+]Unemployed [+]2017Q187K124K2025Q1Unemployed [+]NMW [+]2024$482.2NMW [+]2024€436.4$71,0852024Average Wage [+]€65,6752024Average Wage [+]Human Capital Ranking [+]201756º1º2017Human Capital Ranking [+]Markets11.803007/14/2025Euro / Norwegian krones [+]10.096707/14/2025US Dollar exchange rate [+]3.94%07/15/202510-Year Bond Yield [+]12607/15/2025Risk Premium [+]Stock ExchangeYTD % [+]07/14/20255.09%14.30%07/14/2025Stock ExchangeYTD % [+]PricesCPI (overall index) [+]December 2024-0.2%4.8%December 2023CPI (overall index) [+]2.7%May 2025HICP [+]1.6%June 2025PPI Year on Year [+]Money Market4.25%06/20/2025Key rates [+]BusinessDoing Business [+]202086º9º2020Doing Business [+]-0.4%May 2025IPI Year on Year [+]Passengers vehicles Year [+]December 201939,049252,252December 2024Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 201911.1238.26December 2022Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]2015170.40634.332021Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202213.1%40.5%2024Tax Revenue (%GDP) [+]Standard VAT [+]01/01/20107.00%25.00%01/01/2006Standard VAT [+]Top tax rate + SSC [+]202025.0%47.4%2022Top tax rate + SSC [+]TradeAnnual arrivals [+]20221,488,0004,979,4002022Annual arrivals [+]Exports [+]2023€15,479.8M€155,122.4M2024Exports [+]Exports [+]2023$16,738.3M$167,901.4M2024Exports [+]Exports % GDP [+]202320.08%34.71%2024Exports % GDP [+]Imports [+]2023€31,706.8M€90,951.7M2024Imports [+]Imports [+]2023$34,284.5M$98,444.3M2024Imports [+]Imports % GDP [+]202341.13%20.35%2024Imports % GDP [+]Trade balance [+]2023€-16,227.0M€64,170.7M2024Trade balance [+]Trade balance [+]2023$-19,382.1M$69,457.1M2024Trade balance [+]Trade balance % GDP [+]2023-21.05%14.36%2024Trade balance % GDP [+]-0.2%May 2025Retail Sales YoY [+]Socio-DemographyGlobal AgeWatch Ranking [+]201520º2º2015Global AgeWatch Ranking [+]Density [+]20235992024Density [+]Global Peace Ranking [+]202496º28º2024Global Peace Ranking [+]1.80‰2020Crude divorce rate [+]Remittance received ($M) [+]2017533.0614.12017Remittance received ($M) [+]% Immigrant [+]20207.32%15.81%2020% Immigrant [+]% Emigrant [+]20203.26%3.55%2020% Emigrant [+]Birth Rate [+]202316.03‰9.70‰2024Birth Rate [+]Remittance sent ($M) [+]2017451.22,237.92017Remittance sent ($M) [+]Crude death rate [+]20234.77‰7.90‰2024Crude death rate [+]Fertility Rate [+]20232.121.402023Fertility Rate [+]3.30‰2020Crude marriage rate [+]% risk of poverty [+]202121.8%11.6%2024% risk of poverty [+]Population [+]20234,453,0005,594,3402024Population [+]Immigrant stock [+]2020313,165852,2382020Immigrant stock [+]Emigrant stock [+]2020139,520191,3922020Emigrant stock [+]HDI [+]20220.8200.9662022HDI [+]Gender Gap Ranking [+]202450º3º2024Gender Gap Ranking [+]Life expectancy [+]202379.5983.102023Life expectancy [+]Suicides [+]20152167282023Suicides [+]Suicide rate [+]20155.4413.122023Suicide rate [+]Number of homicides [+]2023522402023Number of homicides [+]Rate Homicides per 100.000 [+]202311.710.722023Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20233.297.862023CO2 Tons per capita [+]1,7912024Annual crude oil production [+]8,122.22021Crude Oil Reserves [+]Consumption GWh [+]202311,777127,3352023Consumption GWh [+]Generation GWh [+]202312,872152,1062023Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20248,7485,73208/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/20241,044,8211,512,64708/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]05/12/20233,174,1554,054,72611/13/2022Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20241,964.521,032.7508/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]05/12/20238,893,00112,145,56011/13/2022Doses administered [+]PanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,453,000Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICANorwayCountrySubcontinentContinentWorldCapital: OsloPopulation: 5,594,340Surface Area: 624,500 km2Currency: Norwegian krones (1 EUR=11.8030 NOK)Religion: Mostly Christianity Belongs to: CoE, EEA, EFTA, IMF, NATO, OECD, UN, OSCE 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 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