Bhutan vs Panama: Economic Indicators Comparison

Panama with a GDP of $65.1B ranked the 75th largest economy in the world, while Bhutan ranked 172nd with $2.4B. By GDP 5-years average growth and GDP per capita, Panama and Bhutan ranked 33rd vs 23rd and 61st vs 129th, respectively.

Gross Domestic Product & Income

StatBhutanPanama
GDP$2.4B$65.1B
GDP growth, 1 year5.8%3.9%
GDP growth, 5-years average6.1%5%
Population808k4.1M
GDP per capita$3.2k$16k
GDP per capita growth1.82%1.94%
Purchasing Power Parity conversion factor21.810.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.320.61
GDP per capita, PPP adjusted$9.5k$26k
GNI, Atlas method$2.2B$60B
GNI per capita$3k$14k
GNI, PPP adjusted$7B$98.4B
GNI per capita, PPP adjusted$9.3k$24k

Financial system and Human development

StatBhutanPanama
Income Tax Rate25%25%
Corporate Tax Rate30%25%
Inflation, consumer prices3.6%0.8%
Inflation, GDP deflator1.8%0.7%
Unemployment2.2%3.9%
Economic Freedom Index62.167.2
Personal Freedom Index6.97.73
Human Freedom Index6.857.53
Property Rights Index69.958.8
Judical Effectiveness Index46.430
Business Freedom Index68.270.8
Fiscal Health Index74.891.2
Labor Freedom Index79.443.3
Investment Freedom Index2075
Financial Freedom Index3070
Trade Freedom Index79.479.2
Monetary Freedom Index71.679.4
Government Spending Index71.185.7
Tax Burden Index82.985.3
Government Integrity Index51.237.2
Corruption Perceptions Index6837
Life expectancy at birth, years71.178.1
Suicide mortality rate, per 100,000 people11.44.3
Mortality caused by road traffic injury, per 100,000 people17.414.3
Intentional homicides, per 100,000 people1.69.7
International tourism, number of arrivals274k1.8M

Government debt & reserves

StatBhutanPanama
Central government debt, % of GDP102.6%39.4%
External debt stocks, % of GNI109.2%N/A
External debt stocks$2.5BN/A
Short-term debt, % of total reserves0.4%N/A
Total debt service, % of exports and primary income10.7%N/A
Adjusted net savings including particulate emission damage, % of GNI23.3%25.3%
Gross savings, % of GDP21.6%29.1%
Gross capital formation, % of GDP47.5%41.7%
Total reserves including gold$987.2M$2.1B
Foreign direct investment net inflows$2.6M$5.9B

Exports, imports and economic structure

StatBhutanPanama
Exports of goods and services, % of GDP30.8%42.3%
Imports of goods and services, % of GDP55.9%45.3%
Current account balance (balance of payments)-$497.6M-$6.8B
Revenue excluding grants, % of GDP18.5%N/A
Grants excluding technical cooperation, BoP$49.2M$22.3M
Personal remittances received$58.1M$537.9M
Industry including construction value added, % of GDP38.3%29.2%
Agriculture, forestry and fishing value added, % of GDP15.9%2.2%
Charges for the use of intellectual property, payments BoP$304k$39.4M
Charges for the use of intellectual property, receipts BoP$11k$21.7M
Expense, % of GDP18.5%N/A
Government Expenditure, % of GDP31.1%21.8%

Compare with countries close by GDP per capita

Bhutan vs

CountryGDP
per capita
Population
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M

Panama vs

CountryGDP
per capita
Population
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B