Greece vs Panama: Economic Indicators Comparison

Greece with a GDP of $218B ranked the 52nd largest economy in the world, while Panama ranked 75th with $65.1B. By GDP 5-years average growth and GDP per capita, Greece and Panama ranked 158th vs 33rd and 45th vs 61st, respectively.

Gross Domestic Product & Income

StatGreecePanama
GDP$218B$65.1B
GDP growth, 1 year2.1%3.9%
GDP growth, 5-years average0.7%5%
Population10.8M4.1M
GDP per capita$20k$16k
GDP per capita growth2.19%1.94%
Purchasing Power Parity conversion factor0.580.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.61
GDP per capita, PPP adjusted$29k$26k
GNI, Atlas method$212B$60B
GNI per capita$20k$14k
GNI, PPP adjusted$318.3B$98.4B
GNI per capita, PPP adjusted$30k$24k

Financial system and Human development

StatGreecePanama
Income Tax Rate42%25%
Corporate Tax Rate28%25%
Inflation, consumer prices0.8%0.8%
Inflation, GDP deflator0.5%0.7%
Unemployment19.2%3.9%
Economic Freedom Index59.967.2
Personal Freedom Index8.527.73
Human Freedom Index7.777.53
Property Rights Index5758.8
Judical Effectiveness Index48.630
Business Freedom Index73.770.8
Fiscal Health Index8091.2
Labor Freedom Index5243.3
Investment Freedom Index5575
Financial Freedom Index5070
Trade Freedom Index81.479.2
Monetary Freedom Index79.479.4
Government Spending Index31.585.7
Tax Burden Index5985.3
Government Integrity Index51.237.2
Corruption Perceptions Index4537
Life expectancy at birth, years81.478.1
Suicide mortality rate, per 100,000 people54.3
Mortality caused by road traffic injury, per 100,000 people9.214.3
Intentional homicides, per 100,000 people0.79.7
International tourism, number of arrivals30.1M1.8M

Government debt & reserves

StatGreecePanama
Central government debt, % of GDP183.3%39.4%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI-3.1%25.3%
Gross savings, % of GDP12.9%29.1%
Gross capital formation, % of GDP13.1%41.7%
Total reserves including gold$7.6B$2.1B
Foreign direct investment net inflows$4B$5.9B

Exports, imports and economic structure

StatGreecePanama
Exports of goods and services, % of GDP36.1%42.3%
Imports of goods and services, % of GDP36.4%45.3%
Current account balance (balance of payments)-$6.2B-$6.8B
Revenue excluding grants, % of GDP46%N/A
Grants excluding technical cooperation, BoPN/A$22.3M
Personal remittances received$489.7M$537.9M
Industry including construction value added, % of GDP15.3%29.2%
Agriculture, forestry and fishing value added, % of GDP3.7%2.2%
Charges for the use of intellectual property, payments BoP$383M$39.4M
Charges for the use of intellectual property, receipts BoP$95.8M$21.7M
Expense, % of GDP46.6%N/A
Government Expenditure, % of GDP47.8%21.8%

Compare with countries close by GDP per capita

Greece vs

CountryGDP
per capita
Population
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
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

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