Bahrain vs Panama: Economic Indicators Comparison

Panama with a GDP of $65.1B ranked the 75th largest economy in the world, while Bahrain ranked 99th with $37.7B. By GDP 5-years average growth and GDP per capita, Panama and Bahrain ranked 33rd vs 77th and 61st vs 39th, respectively.

Gross Domestic Product & Income

Stat	Bahrain	Panama
GDP	$37.7B	$65.1B
GDP growth, 1 year	1.8%	3.9%
GDP growth, 5-years average	3.3%	5%
Population	1.5M	4.1M
GDP per capita	$24k	$16k
GDP per capita growth	-3.11%	1.94%
Purchasing Power Parity conversion factor	0.19	0.61
Price level ratio of PPP conversion factor GDP to market exchange rate	0.51	0.61
GDP per capita, PPP adjusted	$50k	$26k
GNI, Atlas method	$34.4B	$60B
GNI per capita	$22k	$14k
GNI, PPP adjusted	$70.2B	$98.4B
GNI per capita, PPP adjusted	$45k	$24k

Financial system and Human development

Stat	Bahrain	Panama
Income Tax Rate	0%	25%
Corporate Tax Rate	0%	25%
Inflation, consumer prices	2.1%	0.8%
Inflation, GDP deflator	4.7%	0.7%
Unemployment	1%	3.9%
Economic Freedom Index	66.3	67.2
Personal Freedom Index	6.88	7.73
Human Freedom Index	7.15	7.53
Property Rights Index	70.6	58.8
Judical Effectiveness Index	48.4	30
Business Freedom Index	70.5	70.8
Fiscal Health Index	2.6	91.2
Labor Freedom Index	71.1	43.3
Investment Freedom Index	75	75
Financial Freedom Index	80	70
Trade Freedom Index	79.4	79.2
Monetary Freedom Index	81.1	79.4
Government Spending Index	66.1	85.7
Tax Burden Index	99.4	85.3
Government Integrity Index	51	37.2
Corruption Perceptions Index	36	37
Life expectancy at birth, years	77	78.1
Suicide mortality rate, per 100,000 people	5.9	4.3
Mortality caused by road traffic injury, per 100,000 people	8	14.3
Intentional homicides, per 100,000 people	0.5	9.7
International tourism, number of arrivals	12M	1.8M

Government debt & reserves

Stat	Bahrain	Panama
Central government debt, % of GDP	93.4%	39.4%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	20.4%	25.3%
Gross savings, % of GDP	24.6%	29.1%
Gross capital formation, % of GDP	31.9%	41.7%
Total reserves including gold	$2.3B	$2.1B
Foreign direct investment net inflows	$111.2M	$5.9B

Exports, imports and economic structure

Stat	Bahrain	Panama
Exports of goods and services, % of GDP	79.9%	42.3%
Imports of goods and services, % of GDP	71.7%	45.3%
Current account balance (balance of payments)	-$2.4B	-$6.8B
Revenue excluding grants, % of GDP	26.6%	N/A
Grants excluding technical cooperation, BoP	$8.7M	$22.3M
Personal remittances received	N/A	$537.9M
Industry including construction value added, % of GDP	43.4%	29.2%
Agriculture, forestry and fishing value added, % of GDP	0.3%	2.2%
Charges for the use of intellectual property, payments BoP	N/A	$39.4M
Charges for the use of intellectual property, receipts BoP	N/A	$21.7M
Expense, % of GDP	20.2%	N/A
Government Expenditure, % of GDP	33.6%	21.8%