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 NamYemenZambiaZimbabweCompareGlobal Gender Gap Ranking Philippines vs Panama comparison Philippines Panama GouvernementAnnual GDP [+]2022€383,616M€72,611M2022Annual GDP [+]Annual GDP [+]2022$404,284M$76,523M2022Annual GDP [+]GDP per capita [+]2022€3,438€16,5202022GDP per capita [+]GDP per capita [+]2022$3,624$17,4102022GDP per capita [+]Debt (M.€.) [+]2022220,61838,9762022Debt (M.€.) [+]Debt ($M) [+]2022232,50541,0762022Debt ($M) [+]Debt (%GDP) [+]202257.51%53.68%2022Debt (%GDP) [+]Debt Per Capita [+]2022€1,977€8,8682022Debt Per Capita [+]Debt Per Capita [+]2022$2,084$9,3462022Debt Per Capita [+]Deficit (M.€) [+]2022-21,010-2,8522022Deficit (M.€) [+]Deficit ($M) [+]2022-22,142-3,0062022Deficit ($M) [+]Deficit (%GDP) [+]2022-5.48%-3.93%2022Deficit (%GDP) [+]Expenditure (M.€) [+]202299,322.115,446.82022Expenditure (M.€) [+]Expenditure ($M) [+]2022104,673.416,279.02022Expenditure ($M) [+]Education Expenditure (M.€) [+]202012,298.41,847.42020Education Expenditure (M.€) [+]Education Expenditure ($M) [+]202014,035.92,108.42020Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202014.23%11.97%2021Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20174,127.22,415.72017Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20174,660.72,728.12017Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]20177.13%20.08%2017Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]20223,821.902020Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]20224,027.902020Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20223.86%0%2020Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202225.89%21.27%2022Expenditure (%GDP) [+]Expenditure Per Capita [+]2022€890€3,5152022Expenditure Per Capita [+]Expenditure Per Capita [+]2022$938$3,7042022Expenditure Per Capita [+]Education Expenditure P.C [+]2020€113€4322020Education Expenditure P.C [+]Education Expenditure P.C [+]2020$129$4932020Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2017€38€5902017Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2017$42$6662017Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2022€34€02020Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2022$36$02020Defence Expenditure P.C. [+]Moody's Rating [+]09/15/2022Baa2Baa310/31/2023Moody's Rating [+]S&P Rating [+]04/30/2019BBB+BBB11/07/2023S&P Rating [+]Fitch Rating [+]05/07/2020BBBBBB-02/03/2021Fitch Rating [+]Corruption Index [+]202233362022Corruption Index [+]Competitiveness Ranking [+]201964º66º2019Competitiveness Ranking [+]Fragile States Index [+]201885.549.52018Fragile States Index [+]RTI Raking [+]2022131º41º2022RTI Raking [+]Innovation Ranking [+]201873º70º2018Innovation Ranking [+]LabourUnemployment rate [+]2022Q42.4%4.6%2017Q1Unemployment rate [+]Unemployed [+]2022Q41,159K87K2017Q1Unemployed [+]NMW [+]2022$148.0$366.12013NMW [+]NMW [+]2022€140.2€277.42013NMW [+]Human Capital Ranking [+]201750º56º2017Human Capital Ranking [+]MarketsEuro / Philippine Pesos [+]05/10/202461.8761US Dollar exchange rate [+]05/10/202457.3830Stock ExchangeYTD % [+]05/10/20240.96%0%11/18/2022Stock ExchangeYTD % [+]PricesCPI (overall index) [+]November 20234.1%1.7%March 2024CPI (overall index) [+]Money MarketKey rates [+]10/27/20236.50%BusinessDoing Business [+]202095º86º2020Doing Business [+]Passengers vehicles Year [+]December 2022226,40339,049December 2019Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 20223.2211.12December 2019Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]202039.69170.402015Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202118.1%12.7%2021Tax Revenue (%GDP) [+]Standard VAT [+]01/01/200712.00%7.00%01/01/2010Standard VAT [+]Top tax rate + SSC [+]202035.0%25.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]20198,260,9131,752,6452019Annual arrivals [+]Exports [+]2023€67,435.4M€14,531.4M2023Exports [+]Exports [+]2023$72,917.9M$15,712.8M2023Exports [+]Exports % GDP [+]202219.54%19.98%2022Exports % GDP [+]Imports [+]2023€122,980.6M€32,456.2M2023Imports [+]Imports [+]2023$132,979.0M$35,094.9M2023Imports [+]Imports % GDP [+]202236.11%38.25%2022Imports % GDP [+]Trade balance [+]2023€-55,545.2M€-17,924.8M2023Trade balance [+]Trade balance [+]2023$-60,061.0M$-19,382.1M2023Trade balance [+]Trade balance % GDP [+]2022-16.57%-18.27%2022Trade balance % GDP [+]Socio-DemographyGlobal AgeWatch Ranking [+]201550º20º2015Global AgeWatch Ranking [+]Density [+]2022372582022Density [+]Global Peace Ranking [+]2023115º68º2023Global Peace Ranking [+]Remittance received ($M) [+]201732,807.8533.02017Remittance received ($M) [+]% Immigrant [+]20200.21%7.32%2020% Immigrant [+]% Emigrant [+]20205.60%3.26%2020% Emigrant [+]Birth Rate [+]202121.81‰17.69‰2021Birth Rate [+]Remittance sent ($M) [+]2017536.6451.22017Remittance sent ($M) [+]Crude death rate [+]20217.31‰6.07‰2021Crude death rate [+]Fertility Rate [+]20212.752.332021Fertility Rate [+]% risk of poverty [+]202118.1%21.8%2021% risk of poverty [+]Population [+]2022111,570,0004,395,0002022Population [+]Immigrant stock [+]2020225,525313,1652020Immigrant stock [+]Emigrant stock [+]20206,094,307139,5202020Emigrant stock [+]HDI [+]20210.6990.8052021HDI [+]Gender Gap Ranking [+]202316º58º2023Gender Gap Ranking [+]Life expectancy [+]202169.2776.222021Life expectancy [+]Suicides [+]20153,4002162015Suicides [+]Suicide rate [+]20153.375.442015Suicide rate [+]Number of homicides [+]20194,7644992022Number of homicides [+]Rate Homicides per 100.000 [+]20194.3211.322022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20221.382.582022CO2 Tons per capita [+]Annual crude oil production [+]20231Crude Oil Reserves [+]2021138.5Consumption GWh [+]2022102,83411,6082022Consumption GWh [+]Generation GWh [+]2022113,00713,3552022Generation GWh [+]OthersCOVID-19 - Deaths [+]04/28/202466,8648,70404/28/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]04/28/20244,140,3831,044,33604/28/2024COVID-19 - Confirmed [+]Fully vaccinated [+]03/19/202378,443,9723,174,15505/12/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]04/28/2024599.301,980.4304/28/2024COVID-19 - Deaths per million population [+]Doses administered [+]03/19/2023189,317,1588,893,00105/12/2023Doses administered [+]PhilippinesCountrySubcontinentContinentWorldCapital: ManilaPopulation: 111,570,000Surface Area: 300,000 km2Currency: Philippine Pesos (1 EUR=61.8761 PHP)Religion: Mostly Christianity Belongs to: ACD, ASEAN, IMF, UNPanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,395,000Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICA Compare Afghanistan Philippines Compare Albania Philippines Compare Algeria Philippines Compare Andorra Philippines Compare Angola Philippines Compare Antigua and Barbuda Philippines Compare Argentina Philippines Compare Armenia Philippines Compare Australia Philippines Compare Austria Philippines Compare Azerbaijan Philippines Compare Bahamas Philippines Compare Bahrain Philippines Compare Bangladesh Philippines Compare Barbados Philippines Compare Belarus Philippines Compare Belgium Philippines Compare Belize Philippines Compare Benin Philippines Compare Bhutan Philippines Compare Bolivia Philippines Compare Bosnia and Herzegovina Philippines Compare Botswana Philippines Compare Brazil Philippines Compare Brunei Philippines Compare Bulgaria Philippines Compare Burkina Faso Philippines Compare Burundi 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