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 4,453,000 people, it is one of the least populous country in the world and it has a moderate population density, 59 people per km2.

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

Panama is holding the 78 position by nominal GDP. Its national debt in 2023 was 39,698 millions of euros (42,937 millions of dollars), ( 51.49% debt-to-GDP ratio) and its public debt per capita is €8,915 euros per inhabitant$9,642 dollars per inhabitant.

The last annual rate of CPI published in Panama was on December of 2024 and it was -0.2%.

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 0.82 points in 2022, leaving it in 58th place in the table of 193 countries published.

If the reason to visit Panama are business, you must know it's in the 86th 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
Gouvernement
Annual GDP [+]2024€81,038M
Annual GDP [+]2024$87,688M
GDP per capita [+]2024€18,199
GDP per capita [+]2024$19,692
Debt (M.€.) [+]202339,698
Debt ($M) [+]202342,937
Debt (%GDP) [+]202351.49%
Debt Per Capita [+]2023€8,915
Debt Per Capita [+]2023$9,642
Deficit (M.€) [+]2023-3,024
Deficit ($M) [+]2023-3,271
Deficit (%GDP) [+]2023-3.92%
Expenditure (M.€) [+]202316,571.1
Expenditure ($M) [+]202317,923.0
Education Expenditure (M.€) [+]20222,822.4
Education Expenditure ($M) [+]20222,576.5
Education Expenditure (%Bud.) [+]202311.92%
Gov. Health Exp. (M.€) [+]20223,457.5
Gov. Health Exp.($M) [+]20223,640.8
Gov. Health Exp. (%Bud.) [+]202222.23%
Defence Expenditure (M.€) [+]20200
Defence Expenditure ($M) [+]20200
Defence Expenditure (%Bud.) [+]20200%
Expenditure (%GDP) [+]202321.49%
Expenditure Per Capita [+]2023€3,721
Expenditure Per Capita [+]2023$4,025
Education Expenditure P.C [+]2022€642
Education Expenditure P.C [+]2022$677
Gov. Health Exp. P.C. [+]2022€786
Gov. Health Exp. P.C. [+]2022$827
Defence Expenditure P.C. [+]2020€0
Defence Expenditure P.C. [+]2020$0
Moody's Rating [+]11/29/2024Baa3
S&P Rating [+]11/26/2024BBB-
Fitch Rating [+]02/03/2021BBB-
Corruption Index [+]202335
Competitiveness Ranking [+]201966º
Fragile States Index [+]202447.7
RTI Raking [+]202456º
Innovation Ranking [+]202482º
Labour
Unemployment rate [+]2017Q14.6%
Unemployed [+]2017Q187K
NMW [+]2024$482.2
NMW [+]2024€436.4
Human Capital Ranking [+]201756º
Markets
Stock ExchangeYTD % [+]05/22/20255.33%
Prices
CPI (overall index) [+]December 2024-0.2%
Business
Doing Business [+]202086º
Passengers vehicles Year [+]December 201939,049
Annual Vehicles/ 1,000 p. [+]December 201911.12
Vehicles / 1,000 people [+]2015170.40
Taxes
Tax Revenue (%GDP) [+]202213.1%
Standard VAT [+]01/01/20107.00%
Top tax rate + SSC [+]202025.0%
Trade
Annual arrivals [+]20221,488,000
Exports [+]2023€15,479.8M
Exports [+]2023$16,738.3M
Exports % GDP [+]202320.08%
Imports [+]2023€31,706.8M
Imports [+]2023$34,284.5M
Imports % GDP [+]202341.13%
Trade balance [+]2023€-16,227.0M
Trade balance [+]2023$-19,382.1M
Trade balance % GDP [+]2023-21.05%
Socio-Demography
Global AgeWatch Ranking [+]201520º
Density [+]202359
Global Peace Ranking [+]202496º
Remittance received ($M) [+]2017533.0
% Immigrant [+]20207.32%
% Emigrant [+]20203.26%
Birth Rate [+]202316.03‰
Remittance sent ($M) [+]2017451.2
Crude death rate [+]20234.77‰
Fertility Rate [+]20232.12
% risk of poverty [+]202121.8%
Population [+]20234,453,000
Immigrant stock [+]2020313,165
Emigrant stock [+]2020139,520
HDI [+]20220.820
Gender Gap Ranking [+]202450º
Life expectancy [+]202379.59
Suicides [+]2015216
Suicide rate [+]20155.44
Number of homicides [+]2022499
Rate Homicides per 100.000 [+]202211.34
Energy and Environment
CO2 Tons per capita [+]20233.29
Consumption GWh [+]202311,777
Generation GWh [+]202312,872
Others
COVID-19 - Deaths [+]08/04/20248,748
COVID-19 - Confirmed [+]08/04/20241,044,821
Fully vaccinated [+]05/12/20233,174,155
COVID-19 - Deaths per million population [+]08/04/20241,964.52
Doses administered [+]05/12/20238,893,001