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Italy vs Panama statistics compared

Updated on by Georank

Italy has a population of 58.9M (ranked 25/197), compared with 4.57M in Panama (ranked 128/197). Italy's land area is 114,178 sq mi versus 28,641 sq mi for Panama (ranked 72nd vs. 115th).

By GDP, Italy ranks 9/197 ($2.55T) and Panama ranks 82/197 ($90.5B). By GDP per capita, Italy ranks 29/197 ($43,309), while Panama ranks 62/197 ($19,790).

Main facts and rankings

Italy Panama
Population
58708169
4654479
Population rank 26/197 128/197
GDP
$2.55T
2025
$90.5B
2025
GDP rank 9/197 82/197
GDP per capita
$43,309
2025
$19,790
2025
GDP per capita rank 29/197 62/197
GDP per capita, PPP
$62,014
2024
$41,369
2024
Government debt
$3.5T
2025
$51.2B
2025
Debt-to-GDP ratio
137.1%
2025
56.6%
2025
Government debt per person
$59,371
2025
$11,198
2025
Government debt per person rank 6/185 56/185
Average annual personal income after taxes
$23,424
2026
$11,056
2026
Land area 114,178 sq mi 28,641 sq mi
Population density
514 ppl/mi²
2026
161.5 ppl/mi²
2026
Fertility rate
1.18
2024
2.11
2024
Median age
49.2 years
2025
31.3 years
2025
Life expectancy
84.2 years
2026
80.1 years
2026

Italy and Panama: Comparison Charts

Italy and Panama economies compared

GDP
Italy

Panama
1x
Year GDP
Italy Panama
2025 $2,551,556,954,100 $90,462,600,000
2024 $2,383,435,562,458 $86,523,959,100
2023 $2,316,882,296,366 $83,812,155,200
2022 $2,104,067,630,319 $76,479,304,500
2021 $2,179,207,773,596 $67,396,392,500
2020 $1,907,481,094,079 $57,059,846,500
2019 $2,019,606,796,584 $69,778,991,200
2018 $2,099,435,266,459 $67,316,471,200
2017 $1,970,720,904,585 $64,327,688,800
2016 $1,887,111,188,177 $59,760,858,700
2015 $1,845,428,048,839 $55,767,806,100
2014 $2,173,255,507,986 $51,427,104,900
2013 $2,153,225,581,941 $46,949,496,500
2012 $2,097,929,495,122 $41,595,439,700
2011 $2,306,974,020,278 $35,687,738,300
2010 $2,144,936,254,535 $30,231,009,500
2009 $2,209,484,319,013 $27,791,215,500
2008 $2,417,508,414,187 $25,721,328,000
2007 $2,222,524,108,128 $21,717,433,800
2006 $1,958,563,654,386 $18,659,721,500
2005 $1,864,982,261,287 $16,623,906,700
2004 $1,812,808,753,295 $15,100,203,400
2003 $1,582,930,016,539 $13,603,456,000
2002 $1,281,746,271,196 $12,800,851,300
2001 $1,172,041,488,806 $12,252,906,300
2000 $1,149,661,363,439 $11,966,497,000
1999 $1,255,004,736,464 $11,660,704,800
1998 $1,272,729,786,997 $11,019,557,700
1997 $1,244,988,176,444 $10,058,854,400
1996 $1,314,776,508,972 $9,197,503,300
1995 $1,177,369,428,266 $9,573,813,700
1994 $1,101,750,159,702 $9,365,289,800
1993 $1,067,412,587,671 $8,782,585,400
1992 $1,323,204,350,354 $8,042,337,700
1991 $1,249,092,439,519 $7,074,675,500
1990 $1,183,945,130,899 $6,433,967,000
1989 $930,801,709,004 $5,918,469,800
1988 $893,663,934,841 $5,902,783,400
1987 $807,570,134,449 $6,827,665,300
1986 $641,862,313,287 $6,797,834,200
1985 $453,259,761,687 $6,541,517,100
1984 $438,896,930,791 $6,183,387,100
1983 $444,063,496,940 $5,923,755,900
1982 $428,257,421,618 $5,769,767,900
1981 $431,695,533,981 $5,222,421,500
1980 $478,356,755,596 $4,614,086,400
1979 $394,584,507,108 $3,704,551,600
1978 $315,784,469,541 $3,244,558,600
1977 $258,190,019,750 $2,738,261,900
1976 $225,235,205,862 $2,588,106,000
1975 $228,220,643,535 $2,435,304,100
1974 $200,024,444,775 $2,188,307,600
1973 $175,896,529,392 $1,913,793,400
1972 $145,594,833,997 $1,673,411,700
1971 $124,959,712,859 $1,523,917,200
1970 $113,656,669,765 $1,351,006,400
1969 $100,996,667,239 $1,221,305,700
1968 $91,485,448,148 $1,112,791,100
1967 $84,401,995,573 $1,034,376,400
1966 $76,622,444,787 $928,833,000
1965 $70,717,012,186 $852,485,300
1964 $65,720,771,779 $776,137,500
1963 $60,035,924,618 $722,784,500
1962 $52,413,872,628 $652,120,900
1961 $46,649,487,320 $599,026,300
1960 $42,012,422,612 $537,147,100

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/facts/italy/panama | CC BY

Italy and Panama economies compared

GDP per capita
Italy

Panama
1x
Year GDP per capita
Italy Panama
2025 $43,309 $19,790
2024 $40,430 $19,161
2023 $39,280 $18,797
2022 $35,654 $17,379
2021 $36,853 $15,510
2020 $32,091 $13,291
2019 $33,813 $16,478
2018 $35,062 $16,151
2017 $32,844 $15,695
2016 $31,392 $14,832
2015 $30,640 $14,083
2014 $36,028 $13,213
2013 $35,702 $12,273
2012 $34,854 $11,065
2011 $38,432 $9,662
2010 $35,857 $8,331
2009 $37,100 $7,797
2008 $40,829 $7,348
2007 $37,826 $6,318
2006 $33,537 $5,529
2005 $32,063 $5,018
2004 $31,348 $4,645
2003 $27,578 $4,265
2002 $22,451 $4,091
2001 $20,570 $3,992
2000 $20,190 $3,975
1999 $22,050 $3,950
1998 $22,365 $3,808
1997 $21,884 $3,546
1996 $23,123 $3,308
1995 $20,712 $3,514
1994 $19,382 $3,508
1993 $18,782 $3,358
1992 $23,297 $3,140
1991 $22,007 $2,821
1990 $20,874 $2,620
1989 $16,424 $2,462
1988 $15,781 $2,509
1987 $14,268 $2,966
1986 $11,341 $3,019
1985 $8,009 $2,972
1984 $7,758 $2,875
1983 $7,851 $2,819
1982 $7,574 $2,811
1981 $7,640 $2,605
1980 $8,476 $2,357
1979 $7,006 $1,938
1978 $5,623 $1,738
1977 $4,614 $1,503
1976 $4,042 $1,457
1975 $4,116 $1,406
1974 $3,629 $1,296
1973 $3,213 $1,164
1972 $2,677 $1,046
1971 $2,311 $979
1970 $2,112 $893
1969 $1,886 $830
1968 $1,718 $778
1967 $1,595 $745
1966 $1,459 $689
1965 $1,357 $651
1964 $1,272 $611
1963 $1,171 $587
1962 $1,030 $546
1961 $923 $516
1960 $837 $477

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/facts/italy/panama | CC BY

Italy vs. Panama life expectancy calculator

Life expectancy
Italy

Panama
1x
Year Life expectancy, years
Italy Panama
2026 84.2 80.1
2025 84 80
2024 83.9 79.8
2023 83.7 79.6
2022 82.1 79.3
2021 82.9 77
2020 82.2 76.3
2019 83.3 78.5
2018 83.2 78.3
2017 82.7 77.9
2016 83 77.8
2015 82.5 77.6
2014 82.9 77.4
2013 82.7 77.1
2012 82.3 76.9
2011 82.2 76.7
2010 82.1 76.4
2009 81.8 76.2
2008 81.6 75.9
2007 81.5 75.7
2006 81.4 75.4
2005 81 75.2
2004 81 74.8
2003 80.2 74.6
2002 80.1 74.2
2001 79.9 73.8
2000 79.6 73.4
1999 79.2 73.1
1998 78.8 72.8
1997 78.7 72.5
1996 78.4 72.2
1995 78.1 72
1994 77.9 71.9
1993 77.7 71.8
1992 77.4 71.5
1991 77 71.3
1990 77 71.3
1989 76.9 70.1
1988 76.5 70.9
1987 76.3 70.8
1986 75.9 70.7
1985 75.6 70.5
1984 75.5 70.4
1983 74.7 70.1
1982 74.9 69.9
1981 74.4 69.8
1980 74.1 69.5
1979 74.1 69.1
1978 73.8 68.7
1977 73.4 68.3
1976 73.1 67.8
1975 72.7 67.2
1974 72.8 66.6
1973 72.1 65.8
1972 72.1 65.2
1971 71.9 64.7
1970 71.6 64.1
1969 70.9 63.7
1968 70.9 63.2
1967 71 62.9
1966 71 62.6
1965 70.3 62.3
1964 70.4 62.1
1963 69.3 61.8
1962 69.2 61.4
1961 69.8 60.9
1960 69.2 60.3
1959 69.3 59.6
1958 68.9 58.9
1957 67.8 58.3
1956 67.6 57.9
1955 68.3 57.5
1954 67.9 57.2
1953 66.6 56.8
1952 65.9 56.4
1951 65.3 55.9
1950 65.7 55.4

Data sources: United Nations | World Population Prospects (1950–2026, retrieved 2026-07-08).

GeoRank.org/facts/italy/panama | CC BY

Italy and Panama population clocks and comparison

Population
Italy

Panama
1x
Year Population
Italy Panama
2025 58,915,656 4,571,189
2024 58,952,704 4,515,577
2023 58,984,216 4,458,759
2022 59,013,667 4,400,773
2021 59,133,173 4,345,405
2020 59,438,851 4,293,261
2019 59,729,081 4,234,700
2018 59,877,221 4,167,860
2017 60,002,252 4,098,707
2016 60,115,223 4,029,086
2015 60,229,605 3,960,035
2014 60,320,707 3,892,101
2013 60,311,613 3,825,329
2012 60,191,247 3,759,256
2011 60,026,841 3,693,505
2010 59,819,407 3,628,535
2009 59,555,454 3,564,381
2008 59,211,181 3,500,648
2007 58,756,247 3,437,490
2006 58,399,861 3,375,024
2005 58,166,682 3,313,026
2004 57,828,179 3,251,155
2003 57,399,184 3,189,807
2002 57,089,824 3,129,344
2001 56,976,981 3,069,537
2000 56,942,108 3,010,369
1999 56,916,317 2,951,822
1998 56,906,744 2,893,914
1997 56,890,372 2,836,695
1996 56,860,281 2,780,227
1995 56,844,303 2,724,557
1994 56,843,400 2,669,546
1993 56,831,821 2,615,099
1992 56,797,087 2,561,336
1991 56,758,521 2,508,265
1990 56,719,240 2,455,583
1989 56,671,781 2,403,820
1988 56,629,288 2,352,848
1987 56,601,931 2,301,970
1986 56,596,155 2,251,325
1985 56,593,071 2,200,915
1984 56,576,718 2,150,782
1983 56,564,074 2,101,106
1982 56,543,548 2,052,271
1981 56,501,675 2,004,418
1980 56,433,883 1,957,534
1979 56,317,749 1,911,552
1978 56,155,143 1,866,311
1977 55,955,411 1,821,543
1976 55,718,260 1,776,935
1975 55,441,001 1,732,389
1974 55,110,868 1,687,926
1973 54,751,406 1,643,690
1972 54,381,345 1,599,723
1971 54,073,490 1,556,081
1970 53,821,850 1,513,070
1969 53,537,950 1,470,886
1968 53,235,750 1,429,447
1967 52,900,500 1,388,628
1966 52,519,000 1,348,388
1965 52,112,350 1,308,835
1964 51,675,350 1,270,065
1963 51,252,000 1,232,124
1962 50,879,450 1,195,301
1961 50,536,350 1,159,870
1960 50,199,700 1,126,005

Data sources: World Bank | Health (1960–2025, retrieved 2026-07-08).

GeoRank.org/facts/italy/panama | CC BY

Fertility rates in Italy and Panama

Fertility rate
Italy

Panama
1x
Year Fertility rate
Italy Panama
2024 1.18 2.11
2023 1.21 2.12
2022 1.24 2.14
2021 1.25 2.15
2020 1.24 2.18
2019 1.27 2.29
2018 1.31 2.4
2017 1.34 2.46
2016 1.36 2.5
2015 1.36 2.53
2014 1.38 2.55
2013 1.39 2.57
2012 1.42 2.59
2011 1.42 2.6
2010 1.44 2.59
2009 1.44 2.59
2008 1.44 2.61
2007 1.39 2.61
2006 1.37 2.62
2005 1.33 2.64
2004 1.34 2.68
2003 1.29 2.68
2002 1.27 2.7
2001 1.25 2.72
2000 1.26 2.74
1999 1.23 2.77
1998 1.22 2.79
1997 1.22 2.81
1996 1.2 2.83
1995 1.19 2.85
1994 1.21 2.88
1993 1.25 2.91
1992 1.3 2.95
1991 1.3 3
1990 1.33 3.07
1989 1.33 3.12
1988 1.36 3.17
1987 1.33 3.25
1986 1.35 3.34
1985 1.42 3.43
1984 1.46 3.52
1983 1.51 3.6
1982 1.56 3.66
1981 1.58 3.72
1980 1.64 3.8
1979 1.73 3.88
1978 1.84 3.98
1977 1.93 4.12
1976 2.04 4.26
1975 2.17 4.41
1974 2.28 4.58
1973 2.3 4.74
1972 2.35 4.91
1971 2.4 5.05
1970 2.38 5.18
1969 2.47 5.29
1968 2.46 5.41
1967 2.5 5.53
1966 2.58 5.65
1965 2.6 5.73
1964 2.66 5.81
1963 2.51 5.87
1962 2.46 5.87
1961 2.44 5.87
1960 2.4 5.83

Data sources: World Bank | Health (1960–2024, retrieved 2026-07-08).

GeoRank.org/facts/italy/panama | CC BY

Italy and Panama demographics compared

Median age
Italy

Panama
1x
Year Median age, years
Italy Panama
2025 49.2 31.3
2024 48.8 30.9
2023 48.4 30.6
2022 48.1 30.3
2021 47.7 30
2020 47.4 29.7
2019 47 29.4
2018 46.6 29.1
2017 46.2 28.8
2016 45.8 28.5
2015 45.4 28.3
2014 45 28
2013 44.6 27.8
2012 44.2 27.5
2011 43.9 27.2
2010 43.5 27
2009 43.1 26.7
2008 42.8 26.4
2007 42.6 26.1
2006 42.3 25.9
2005 41.9 25.6
2004 41.6 25.3
2003 41.3 25.1
2002 41 24.8
2001 40.6 24.5
2000 40.3 24.3
1999 39.9 24
1998 39.6 23.7
1997 39.4 23.5
1996 39.1 23.2
1995 38.9 22.9
1994 38.6 22.7
1993 38.2 22.4
1992 37.9 22.1
1991 37.5 21.8
1990 37.1 21.5
1989 36.8 21.3
1988 36.4 21
1987 36.1 20.7
1986 35.8 20.4
1985 35.6 20.2
1984 35.3 19.9
1983 34.9 19.7
1982 34.6 19.5
1981 34.3 19.2
1980 34.1 19
1979 34 18.8
1978 33.9 18.6
1977 33.7 18.4
1976 33.6 18.3
1975 33.5 18.1
1974 33.4 18
1973 33.3 17.8
1972 33.2 17.7
1971 33.1 17.7
1970 33 17.6
1969 32.8 17.6
1968 32.7 17.5
1967 32.5 17.5
1966 32.4 17.5
1965 32.3 17.5
1964 32.2 17.6
1963 32.1 17.6
1962 32 17.7
1961 31.8 17.8
1960 31.6 17.8

Data sources: World Bank | Health (1960–2025, retrieved 2026-07-08).

GeoRank.org/facts/italy/panama | CC BY

Interactive Maps

Use the buttons below to switch between world maps comparing statistics for Italy and Panama.

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National statistics comparison

Finance

Italy Panama
GNI, Atlas method
$2.48T
2025
$87.5B
2025
Government expenditure, % of GDP
51.1%
2025
20.9%
2025
Education expenditure, % of GDP
4.07%
2022
2.47%
2023
Military expenditure, % of GDP
1.61%
2024
0.97%
1999
Armed forces personnel
338,000
2020
28,000
2020
Deficit/surplus, % of GDP
-3.11%
2025
-3.67%
2025
Unemployment rate
6.1%
2025
8.31%
2025
Services, % of GDP
64.5%
2025
70%
2025
Industry, % of GDP
22.6%
2025
24.9%
2025
Economic freedom index
63.3
2026
64.9
2026
Income share by richest 10%
25.8%
2023
37.6%
2024
Income share by poorest 10%
2.3%
2023
1.2%
2024
Number of millionaires
1,235,000
2026
n/a
Percentage of millionaires
2.51%
2026
n/a
Number of billionaires
89
2026
n/a
Percentage of billionaires
0.0002%
2026
n/a
Listed domestic companies
290
2014
40
2025
Market capitalization of domestic companies
$587B
2014
$27.2B
2025
Total reserves including gold
$434B
2025
$6.24B
2025
Personal remittances received
$12.1B
2024
$532M
2024
International tourist arrivals
38,419,000
2020
647,000
2020
International tourism as share of exports
3.65%
2020
9.3%
2020
Banked people share
86%
2024
64.1%
2024

Energy

Italy Panama
Energy use, kg of oil equivalent per capita
2,231 kg
2024
1,020 kg
2023
GDP PPP per kg equivalent of energy use
$27.8
2024
$39
2023
Carbon dioxide (CO2) emissions
299.2 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
5.08 tons
2024
2.74 tons
2024
Fossil fuel energy use share
76.8%
2023
76.5%
2022
Renewable energy use share
17.5%
2021
28%
2021
Alternative and nuclear energy use share
11.3%
2024
15%
2023
Net energy imports use share
79.6%
2023
171.2%
2022
Electric power consumption per capita
5,137 kWh
2024
2,715 kWh
2023
Renewable electricity output share
41%
2021
79.3%
2021
Hydroelectric share
20.2%
2024
46.9%
2023
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
97%
2023

Society

Italy Panama
% of world population
0.72%
2025
0.06%
2025
Annual migration change
+75,448
2025
+6,151
2025
Urban population
69.7%
2025
66.2%
2025
Male:Female ratio
48.9:51.1
2025
50:50
2025
Average male height
5.72 ft
2026
5.58 ft
2026
Average female height
5.31 ft
2026
5.19 ft
2026
Quality of life index
82.2
2026
61.9
2026
Corruption Perceptions Index
53
2025
33
2025
Higher education index
91
2026
40
2026
Homicides per 100K people
0.57
2023
11.7
2023
Road traffic mortality per 100K people
5.3
2019
13.9
2019
Visa free countries
174
2026
139
2026
Adult literacy rate
99.3%
2019
96.2%
2024
English speaking
28.2%
2026
14%
2026
People using the Internet
89.2%
2024
72.8%
2024

Health

Italy Panama
Government health expenditure per capita
$3,398
2024
$1,558
2023
Out-of-pocket health expenditure per capita
$758
2024
$630
2023
Life expectancy
84.2 years
2026
80.1 years
2026
Foreign aid share of health expenditure
0%
2023
0.76%
2023
Physicians per 1,000 people
4.19
2022
1.63
2022
Age at first childbirth
31.9 years
2024
n/a
Maternal mortality per 100K births
6
2023
37
2023
Mortality rate before reaching 5 years of age
2.7
2024
15.3
2024
Obesity rate
17.8%
2022
37.1%
2022
Diabetes prevalence
7.7%
2024
11.1%
2024
Air quality index
61
2026
79
2026
Tobacco use prevalence
22.4%
2024
4.8%
2024
Pure alcohol consumption per capita
6.97 liters
2020
4.66 liters
2020

Territory

Italy Panama
% of world land
0.2%
2026
0.05%
2026
Land area per capita
1,938 sq mi
2025
6,266 sq mi
2025
Agricultural land area
50,531 sq mi
2026
8,456 sq mi
2026
Forest area
37,558 sq mi
2026
16,138 sq mi
2026
Roads length
303,043 mi
2007
n/a

In-depth comparisons

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Data sources:

  1. World Bank | Health (1960–2026, retrieved 2026-07-08)
  2. United Nations | World Population Prospects (1950–2026, retrieved 2026-07-08)
  3. U.S. Census Bureau (1960–2025, retrieved 2026-07-08)
  4. Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. World Obesity Federation (2022, retrieved 2026-07-08)
  8. Transparency International (2025, retrieved 2026-07-08)
  9. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  10. Passport Index (2026, retrieved 2026-07-08)
  11. EduRank (2026, retrieved 2026-07-08)
  12. United Nations Economic Commission for Europe (UNECE) (2024, retrieved 2026-07-08)

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