Cameroon vs Panama: Economic Indicators Comparison

Panama with a GDP of $65.1B ranked the 75th largest economy in the world, while Cameroon ranked 98th with $38.7B. By GDP 5-years average growth and GDP per capita, Panama and Cameroon ranked 33rd vs 38th and 61st vs 158th, respectively.

Gross Domestic Product & Income

StatCameroonPanama
GDP$38.7B$65.1B
GDP growth, 1 year4%3.9%
GDP growth, 5-years average4.8%5%
Population24.1M4.1M
GDP per capita$1.5k$16k
GDP per capita growth1.38%1.94%
Purchasing Power Parity conversion factor225.180.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.61
GDP per capita, PPP adjusted$3.8k$26k
GNI, Atlas method$36.4B$60B
GNI per capita$1.4k$14k
GNI, PPP adjusted$93.4B$98.4B
GNI per capita, PPP adjusted$3.7k$24k

Financial system and Human development

StatCameroonPanama
Income Tax Rate35%25%
Corporate Tax Rate33%25%
Inflation, consumer prices2.4%0.8%
Inflation, GDP deflator1.6%0.7%
Unemployment3.4%3.9%
Economic Freedom Index53.667.2
Personal Freedom Index5.837.73
Human Freedom Index5.77.53
Property Rights Index45.358.8
Judical Effectiveness Index30.830
Business Freedom Index4670.8
Fiscal Health Index63.791.2
Labor Freedom Index50.143.3
Investment Freedom Index3075
Financial Freedom Index5070
Trade Freedom Index59.679.2
Monetary Freedom Index84.179.4
Government Spending Index88.385.7
Tax Burden Index74.885.3
Government Integrity Index20.837.2
Corruption Perceptions Index2537
Life expectancy at birth, years58.578.1
Suicide mortality rate, per 100,000 people12.24.3
Mortality caused by road traffic injury, per 100,000 people30.114.3
Intentional homicides, per 100,000 people1.49.7
International tourism, number of arrivals1.1M1.8M

Government debt & reserves

StatCameroonPanama
Central government debt, % of GDP37.7%39.4%
External debt stocks, % of GNI28.7%N/A
External debt stocks$10.9BN/A
Short-term debt, % of total reserves12.5%N/A
Total debt service, % of exports and primary income10.7%N/A
Adjusted net savings including particulate emission damage, % of GNI4.5%25.3%
Gross savings, % of GDP17.5%29.1%
Gross capital formation, % of GDP22.8%41.7%
Total reserves including gold$3.5B$2.1B
Foreign direct investment net inflows$765.1M$5.9B

Exports, imports and economic structure

StatCameroonPanama
Exports of goods and services, % of GDP19.3%42.3%
Imports of goods and services, % of GDP23.7%45.3%
Current account balance (balance of payments)-$1.4B-$6.8B
Revenue excluding grants, % of GDP15.1%N/A
Grants excluding technical cooperation, BoP$469M$22.3M
Personal remittances received$333.6M$537.9M
Industry including construction value added, % of GDP25.8%29.2%
Agriculture, forestry and fishing value added, % of GDP14.4%2.2%
Charges for the use of intellectual property, payments BoP$2.3M$39.4M
Charges for the use of intellectual property, receipts BoP$8.5M$21.7M
Expense, % of GDP10.9%N/A
Government Expenditure, % of GDP19.8%21.8%

Compare with countries close by GDP per capita

Cameroon vs

CountryGDP
per capita
Population
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M

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