Country comparison Serbia vs Panama

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Gouvernement
GDP Growth (%) [+]20243.9%chart2.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,411K
Annual GDP [+]2024€83,258Mchart€79,963M2024Annual GDP [+]
Annual GDP [+]2024$89,074Mchart$86,524M2024Annual GDP [+]
GDP per capita [+]2024€12,640chart€17,7322024GDP per capita [+]
GDP per capita [+]2024$13,545chart$19,1872024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,401M
Debt (M.€.) [+]202436,615chart45,8832024Debt (M.€.) [+]
Debt ($M) [+]202439,619chart49,6482024Debt ($M) [+]
Debt (%GDP) [+]202444.48%chart57.38%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€5,575chart€10,1612024Debt Per Capita [+]
Debt Per Capita [+]2024$6,032chart$10,9952024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,443chart-5,9292024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,562chart-6,4162024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.75%chart-7.42%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202435,126.5chart18,508.32024Expenditure (M.€) [+]
Expenditure ($M) [+]202438,008.9chart20,027.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,559.8chart1,915.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,768.7chart2,059.82023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20238.38%chart16.28%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,958.9chart3,290.12023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,282.0chart3,557.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.97%chart19.85%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20242,160.7chart02020Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20242,311.6chart02020Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20246.05%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202442.67%chart23.15%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,348chart€4,0992024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,787chart$4,4352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€386chart€4302023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$418chart$4652023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€596chart€7382023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$645chart$7982023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€328chart€02020Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$352chart$02020Defence Expenditure P.C. [+]
Baa311/29/2024Moody's Rating [+]
S&P Rating [+]10/04/2024BBB-BBB-11/26/2024S&P Rating [+]
Fitch Rating [+]03/27/2020BB+BBB-02/03/2021Fitch Rating [+]
Corruption Index [+]202336chart352023Corruption Index [+]
Competitiveness Ranking [+]201972ºchart66º2019Competitiveness Ranking [+]
Fragile States Index [+]202467.8chart47.72024Fragile States Index [+]
RTI Raking [+]20243ºchart56º2024RTI Raking [+]
Innovation Ranking [+]202452ºchart82º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2025Q38.2%chart4.6%2017Q1Unemployment rate [+]
Unemployed [+]2025Q3257Kchart87K2017Q1Unemployed [+]
NMW [+]2025$700.9chart$482.22024NMW [+]
NMW [+]2025€617.7chart€436.42024NMW [+]
Human Capital Ranking [+]201760ºchart56º2017Human Capital Ranking [+]
Markets
Euro / Serbian dinars [+]01/22/2026117.4091
US Dollar exchange rate [+]01/22/2026100.4441
Stock ExchangeYTD % [+]01/22/2026-1.32%chart4.52%01/21/2026Stock ExchangeYTD % [+]
Prices
-0.4%August 2025CPI (overall index) [+]
HICP [+]December 20253.1%
PPI Year on Year [+]December 20251.7%
Money Market
Key rates [+]09/12/20245.75%
Business
Doing Business [+]202044ºchart86º2020Doing Business [+]
IPI Year on Year [+]November 2025-2.2%
Passengers vehicles Year [+]December 201925,514chart39,049December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20194.22chart11.12December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20224,498
Vehicles / 1,000 people [+]2020353.73chart170.402015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]201638.4%chart13.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201220.00%chart7.00%01/01/2010Standard VAT [+]
Top tax rate + SSC [+]202010.0%chart25.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,773,000chart1,488,0002022Annual arrivals [+]
Exports [+]2024€28,944.2Mchart€15,479.8M2023Exports [+]
Exports [+]2024$31,328.6Mchart$16,738.3M2023Exports [+]
Exports % GDP [+]202434.76%chart19.98%2023Exports % GDP [+]
Imports [+]2024€38,102.7Mchart€31,706.8M2023Imports [+]
Imports [+]2024$41,241.6Mchart$34,284.5M2023Imports [+]
Imports % GDP [+]202445.76%chart40.92%2023Imports % GDP [+]
Trade balance [+]2024€-9,158.5Mchart€-16,227.0M2023Trade balance [+]
Trade balance [+]2024$-9,913.0Mchart$-19,382.1M2023Trade balance [+]
Trade balance % GDP [+]2024-11.00%chart-20.94%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20258.4%
Socio-Demography
Global AgeWatch Ranking [+]201566ºchart20º2015Global AgeWatch Ranking [+]
Density [+]202477chart602024Density [+]
Global Peace Ranking [+]202454ºchart96º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰
Remittance received ($M) [+]20173,588.0chart533.02017Remittance received ($M) [+]
% Immigrant [+]202011.98%chart7.32%2020% Immigrant [+]
% Emigrant [+]202014.61%chart3.26%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart16.03‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,374.5chart451.22017Remittance sent ($M) [+]
Crude death rate [+]202414.90‰chart4.77‰2023Crude death rate [+]
Fertility Rate [+]20231.62chart2.122023Fertility Rate [+]
Crude marriage rate [+]20234.80‰
% risk of poverty [+]202419.7%chart21.7%2023% risk of poverty [+]
Population [+]20246,567,783chart4,515,5772024Population [+]
Immigrant stock [+]2020823,011chart313,1652020Immigrant stock [+]
Emigrant stock [+]20201,003,962chart139,5202020Emigrant stock [+]
HDI [+]20220.805chart0.8202022HDI [+]
Gender Gap Ranking [+]202426ºchart50º2024Gender Gap Ranking [+]
Life expectancy [+]202376.20chart79.592023Life expectancy [+]
Suicides [+]2023668chart2162015Suicides [+]
Suicide rate [+]202310.11chart5.442015Suicide rate [+]
Number of homicides [+]202389chart5222023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.31chart11.712023Rate Homicides per 100.000 [+]
Energy and Environment
3.292023CO2 Tons per capita [+]
Annual crude oil production [+]202412
Crude Oil Reserves [+]202177.5
Consumption GWh [+]202330,824chart11,7772023Consumption GWh [+]
Generation GWh [+]202337,661chart12,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/202518,057chart8,82912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20252,568,003chart1,045,65212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]06/23/20223,278,198chart3,178,70012/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20252,749.33chart1,955.2312/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]06/23/20228,534,688chart9,201,27612/29/2023Doses administered [+]
Serbia
Panama