Gabon vs Panama: Economic Indicators Comparison

Panama with a GDP of $65.1B ranked the 75th largest economy in the world, while Gabon ranked 121st with $16.9B. By GDP 5-years average growth and GDP per capita, Panama and Gabon ranked 33rd vs 116th and 61st vs 86th, respectively.

Gross Domestic Product & Income

StatGabonPanama
GDP$16.9B$65.1B
GDP growth, 1 year1.2%3.9%
GDP growth, 5-years average2.4%5%
Population2M4.1M
GDP per capita$8k$16k
GDP per capita growth-1.76%1.94%
Purchasing Power Parity conversion factor247.230.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.61
GDP per capita, PPP adjusted$18k$26k
GNI, Atlas method$14.5B$60B
GNI per capita$6.8k$14k
GNI, PPP adjusted$35.4B$98.4B
GNI per capita, PPP adjusted$17k$24k

Financial system and Human development

StatGabonPanama
Income Tax Rate35%25%
Corporate Tax Rate30%25%
Inflation, consumer prices4.8%0.8%
Inflation, GDP deflator7.1%0.7%
Unemployment19.5%3.9%
Economic Freedom Index56.767.2
Personal Freedom Index5.767.73
Human Freedom Index5.797.53
Property Rights Index36.958.8
Judical Effectiveness Index20.830
Business Freedom Index52.170.8
Fiscal Health Index88.991.2
Labor Freedom Index52.343.3
Investment Freedom Index6075
Financial Freedom Index4070
Trade Freedom Index51.279.2
Monetary Freedom Index77.379.4
Government Spending Index89.385.7
Tax Burden Index74.385.3
Government Integrity Index36.737.2
Corruption Perceptions Index3137
Life expectancy at birth, years65.878.1
Suicide mortality rate, per 100,000 people7.14.3
Mortality caused by road traffic injury, per 100,000 people23.214.3
Intentional homicides, per 100,000 people89.7
International tourism, number of arrivals269k1.8M

Government debt & reserves

StatGabonPanama
Central government debt, % of GDP58.2%39.4%
External debt stocks, % of GNI43%N/A
External debt stocks$6.8BN/A
Short-term debt, % of total reserves14.2%N/A
Total debt service, % of exports and primary income7.7%N/A
Adjusted net savings including particulate emission damage, % of GNI8.9%25.3%
Gross savings, % of GDP38.4%29.1%
Gross capital formation, % of GDP21.8%41.7%
Total reserves including gold$1.3B$2.1B
Foreign direct investment net inflows$845.8M$5.9B

Exports, imports and economic structure

StatGabonPanama
Exports of goods and services, % of GDP50.5%42.3%
Imports of goods and services, % of GDP21.5%45.3%
Current account balance (balance of payments)$141M-$6.8B
Revenue excluding grants, % of GDP16.8%N/A
Grants excluding technical cooperation, BoP$20.1M$22.3M
Personal remittances received$18.5M$537.9M
Industry including construction value added, % of GDP48.8%29.2%
Agriculture, forestry and fishing value added, % of GDP5.4%2.2%
Charges for the use of intellectual property, payments BoPN/A$39.4M
Charges for the use of intellectual property, receipts BoPN/A$21.7M
Expense, % of GDP13.7%N/A
Government Expenditure, % of GDP18.9%21.8%

Compare with countries close by GDP per capita

Gabon vs

CountryGDP
per capita
Population
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
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M

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