Country comparison Philippines vs Panama

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Gouvernement
GDP Growth (%) [+]20245.7%chart2.7%2024GDP Growth (%) [+]
Annual GDP [+]2024€426,611Mchart€79,963M2024Annual GDP [+]
Annual GDP [+]2024$461,617Mchart$86,524M2024Annual GDP [+]
GDP per capita [+]2024€3,770chart€17,7322024GDP per capita [+]
GDP per capita [+]2024$4,079chart$19,1872024GDP per capita [+]
Debt (M.€.) [+]2024241,579chart45,8832024Debt (M.€.) [+]
Debt ($M) [+]2024261,402chart49,6482024Debt ($M) [+]
Debt (%GDP) [+]202456.63%chart57.38%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€2,135chart€10,1612024Debt Per Capita [+]
Debt Per Capita [+]2024$2,310chart$10,9952024Debt Per Capita [+]
Deficit (M.€) [+]2024-16,135chart-5,9292024Deficit (M.€) [+]
Deficit ($M) [+]2024-17,459chart-6,4162024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.78%chart-7.42%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024106,414.8chart18,508.32024Expenditure (M.€) [+]
Expenditure ($M) [+]2024115,146.7chart20,027.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202416,744.5chart1,915.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202418,118.5chart2,059.82023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202515.20%chart16.28%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20238,739.6chart3,290.12023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20239,451.7chart3,557.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20238.77%chart19.85%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20245,649.5chart02020Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20246,113.1chart02020Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20245.44%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202424.94%chart23.15%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€940chart€4,0992024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$1,017chart$4,4352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€148chart€4302023Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$160chart$4652023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€76chart€7382023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$82chart$7982023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€50chart€02020Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$54chart$02020Defence Expenditure P.C. [+]
Moody's Rating [+]08/23/2024Baa2Baa311/29/2024Moody's Rating [+]
S&P Rating [+]11/25/2024BBB+BBB-11/26/2024S&P Rating [+]
Fitch Rating [+]05/07/2020BBBBBB-02/03/2021Fitch Rating [+]
Corruption Index [+]202334chart352023Corruption Index [+]
Competitiveness Ranking [+]201964ºchart66º2019Competitiveness Ranking [+]
Fragile States Index [+]202475.1chart47.72024Fragile States Index [+]
RTI Raking [+]2024135ºchart56º2024RTI Raking [+]
Innovation Ranking [+]202453ºchart82º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2023Q13.0%chart4.6%2017Q1Unemployment rate [+]
Unemployed [+]2023Q14,418Kchart87K2017Q1Unemployed [+]
NMW [+]2024$149.4chart$482.22024NMW [+]
NMW [+]2024€135.1chart€436.42024NMW [+]
Human Capital Ranking [+]201750ºchart56º2017Human Capital Ranking [+]
Markets
Euro / Philippine Pesos [+]01/22/202669.3166
US Dollar exchange rate [+]01/22/202659.3210
Stock ExchangeYTD % [+]01/22/20265.71%chart4.52%01/21/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20251.8%chart-0.4%August 2025CPI (overall index) [+]
Money Market
Key rates [+]12/12/20254.50%
Business
Doing Business [+]202095ºchart86º2020Doing Business [+]
Passengers vehicles Year [+]December 2023282,507chart39,049December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20233.74chart11.12December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]202039.54chart170.402015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202218.4%chart13.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200712.00%chart7.00%01/01/2010Standard VAT [+]
Top tax rate + SSC [+]202035.0%chart25.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,654,000chart1,488,0002022Annual arrivals [+]
Exports [+]2023€67,999.0Mchart€15,479.8M2023Exports [+]
Exports [+]2023$73,527.4Mchart$16,738.3M2023Exports [+]
Exports % GDP [+]202316.83%chart19.98%2023Exports % GDP [+]
Imports [+]2023€123,745.4Mchart€31,706.8M2023Imports [+]
Imports [+]2023$133,805.9Mchart$34,284.5M2023Imports [+]
Imports % GDP [+]202330.62%chart40.92%2023Imports % GDP [+]
Trade balance [+]2023€-55,746.4Mchart€-16,227.0M2023Trade balance [+]
Trade balance [+]2023$-60,061.0Mchart$-19,382.1M2023Trade balance [+]
Trade balance % GDP [+]2023-13.80%chart-20.94%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]201550ºchart20º2015Global AgeWatch Ranking [+]
Density [+]2024377chart602024Density [+]
Global Peace Ranking [+]2024104ºchart96º2024Global Peace Ranking [+]
Remittance received ($M) [+]201732,807.8chart533.02017Remittance received ($M) [+]
% Immigrant [+]20200.21%chart7.32%2020% Immigrant [+]
% Emigrant [+]20205.58%chart3.26%2020% Emigrant [+]
Birth Rate [+]202316.02‰chart16.03‰2023Birth Rate [+]
Remittance sent ($M) [+]2017536.6chart451.22017Remittance sent ($M) [+]
Crude death rate [+]20236.24‰chart4.77‰2023Crude death rate [+]
Fertility Rate [+]20231.92chart2.122023Fertility Rate [+]
% risk of poverty [+]202315.5%chart21.7%2023% risk of poverty [+]
Population [+]2024113,170,000chart4,515,5772024Population [+]
Immigrant stock [+]2020225,525chart313,1652020Immigrant stock [+]
Emigrant stock [+]20206,094,307chart139,5202020Emigrant stock [+]
HDI [+]20220.710chart0.8202022HDI [+]
Gender Gap Ranking [+]202425ºchart50º2024Gender Gap Ranking [+]
Life expectancy [+]202369.83chart79.592023Life expectancy [+]
Suicides [+]20153,400chart2162015Suicides [+]
Suicide rate [+]20153.37chart5.442015Suicide rate [+]
Number of homicides [+]20234,995chart5222023Number of homicides [+]
Rate Homicides per 100.000 [+]20234.35chart11.712023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20231.41chart3.292023CO2 Tons per capita [+]
Annual crude oil production [+]20241
Crude Oil Reserves [+]2021138.5
Consumption GWh [+]2023100,824chart11,7772023Consumption GWh [+]
Generation GWh [+]2023111,517chart12,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/202566,864chart8,82912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20254,140,383chart1,045,65212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]03/19/202378,443,970chart3,178,70012/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/2025590.83chart1,955.2312/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]03/19/2023189,317,150chart9,201,27612/29/2023Doses administered [+]
Philippines
Panama