Panama Panama

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Panama, is a country located at Central America, it has an area of 75,320 Km2 and it may be considered quite a small country.

Panama, with a population of 4,279,000 people, it is one of the least populous country in the world and it has a moderate population density, 57 people per km2.

It's capital is Panama City and its currency is Balboas

Panama is holding the 86 position by nominal GDP. Its national debt in 2021 was 31,419 millions of euros (37,166 millions of dollars), ( 58.43% debt-to-GDP ratio) and its public debt per capita is €7,343 euros per inhabitant$8,686 dollars per inhabitant.

The last annual rate of CPI published in Panama was on April of 2022 and it was 3.7%.

In terms of the human development index (HDI) of Panama, which is the index used by the United Nations to measure the progress of a country, was 0.815 points in 2019, leaving it in 57th place in the table of 189 countries published.

If the reason to visit Panama are business, you must know it's in the 79th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Panama, if you want to see information about other countries click here

Panama City: Monthly Temp.
Panama City: Monthly Rainfall
Panama Economy
Annual GDP [+]2020€47,363M
Annual GDP [+]2020$53,977M
GDP per capita [+]2020€11,070
GDP per capita [+]2020$12,616
Debt (M.€.) [+]202131,419
Debt ($M) [+]202137,166
Debt (%GDP) [+]202158.43%
Debt Per Capita [+]2021€7,343
Debt Per Capita [+]2021$8,686
Deficit (M.€) [+]2021-2,978
Deficit ($M) [+]2021-3,523
Deficit (%GDP) [+]2021-5.54%
Expenditure (M.€) [+]202112,755.0
Expenditure ($M) [+]202115,088.0
Education Expenditure (M.€) [+]20191,871.3
Education Expenditure ($M) [+]20192,094.8
Education Expenditure (%Bud.) [+]202111.97%
Gov. Health Exp. (M.€) [+]20172,420.6
Gov. Health Exp.($M) [+]20172,728.1
Gov. Health Exp. (%Bud.) [+]201720.08%
Defence Expenditure (M.€) [+]20200
Defence Expenditure ($M) [+]20200
Defence Expenditure (%Bud.) [+]20200%
Expenditure (%GDP) [+]202123.72%
Expenditure Per Capita [+]2021€2,981
Expenditure Per Capita [+]2021$3,526
Education Expenditure P.C [+]2019€444
Education Expenditure P.C [+]2019$497
Gov. Health Exp. P.C. [+]2017€590
Gov. Health Exp. P.C. [+]2017$666
Defence Expenditure P.C. [+]2020€0
Defence Expenditure P.C. [+]2020$0
Moody's Rating [+]03/17/2021Baa2
S&P Rating [+]11/24/2020BBB
Fitch Rating [+]02/03/2021BBB-
Corruption Index [+]202136
Competitiveness Ranking [+]201966º
Fragile States Index [+]201849.5
RTI Raking [+]09/28/201841º
Innovation Ranking [+]201870º
Unemployment rate [+]2017Q14.6%
Unemployed [+]2017Q187K
NMW [+]2013$366.1
NMW [+]2013€277.4
Human Capital Ranking [+]201756º
Stock ExchangeYTD % [+]05/13/20222.42%
CPI (overall index) [+]April 20223.7%
Doing Business [+]201979º
Passengers vehicles Year [+]December 201939,049
Annual Vehicles/ 1,000 p. [+]December 201911.12
Vehicles / 1,000 people [+]2015170.40
Tax Revenue (%GDP) [+]202013.7%
Standard VAT [+]01/01/20107.00%
Top tax rate + SSC [+]202025.0%
Annual arrivals [+]20191,752,645
Exports [+]2020€9,066.7M
Exports [+]2020$10,356.0M
Exports % GDP [+]202019.14%
Imports [+]2020€13,446.0M
Imports [+]2020$15,358.0M
Imports % GDP [+]202028.39%
Trade balance [+]2020€-4,379.3M
Trade balance [+]2020$-5,002.0M
Trade balance % GDP [+]2020-9.25%
Global AgeWatch Ranking [+]201520º
Density [+]202057
Global Peace Ranking [+]202164º
Remittance received ($M) [+]2017533.0
% Immigrant [+]20194.39%
% Emigrant [+]20193.82%
Birth Rate [+]201918.71‰
Remittance sent ($M) [+]2017451.2
Crude death rate [+]20195.11‰
Fertility Rate [+]20192.44
% risk of poverty [+]201622.1%
Population [+]20204,279,000
Immigrant stock [+]2019185,072
Emigrant stock [+]2019161,107
HDI [+]20190.815
Gender Gap Ranking [+]202046º
Life expectancy [+]201978.51
Suicides [+]2015216
Suicide rate [+]20155.44
Number of homicides [+]2019480
Rate Homicides per 100.000 [+]201911.30
Energy and Environment
CO2 Tons per capita [+]20202.17
Consumption GWh [+]201910,809
Generation GWh [+]202010,959
COVID-19 - Deaths [+]05/14/20228,203
COVID-19 - Confirmed [+]05/14/2022806,277
Fully vaccinated [+]05/13/20223,090,346
COVID-19 - Deaths per million population [+]05/14/20221,917.04
Doses administered [+]05/13/20228,138,086