Indonesia vs Panama: Economic Indicators Comparison

Indonesia with a GDP of $1T ranked the 16th largest economy in the world, while Panama ranked 75th with $65.1B. By GDP 5-years average growth and GDP per capita, Indonesia and Panama ranked 31st vs 33rd and 122nd vs 61st, respectively.

Gross Domestic Product & Income

Stat	Indonesia	Panama
GDP	$1T	$65.1B
GDP growth, 1 year	5.2%	3.9%
GDP growth, 5-years average	5%	5%
Population	264M	4.1M
GDP per capita	$3.9k	$16k
GDP per capita growth	3.99%	1.94%
Purchasing Power Parity conversion factor	4238.11	0.61
Price level ratio of PPP conversion factor GDP to market exchange rate	0.3	0.61
GDP per capita, PPP adjusted	$13k	$26k
GNI, Atlas method	$1T	$60B
GNI per capita	$3.8k	$14k
GNI, PPP adjusted	$3.4T	$98.4B
GNI per capita, PPP adjusted	$13k	$24k

Financial system and Human development

Stat	Indonesia	Panama
Income Tax Rate	30%	25%
Corporate Tax Rate	25%	25%
Inflation, consumer prices	3.2%	0.8%
Inflation, GDP deflator	3.8%	0.7%
Unemployment	4.3%	3.9%
Economic Freedom Index	67.2	67.2
Personal Freedom Index	7.1	7.73
Human Freedom Index	6.81	7.53
Property Rights Index	59.8	58.8
Judical Effectiveness Index	56.2	30
Business Freedom Index	70	70.8
Fiscal Health Index	90.2	91.2
Labor Freedom Index	49.2	43.3
Investment Freedom Index	50	75
Financial Freedom Index	60	70
Trade Freedom Index	80.8	79.2
Monetary Freedom Index	78.4	79.4
Government Spending Index	91.7	85.7
Tax Burden Index	83.4	85.3
Government Integrity Index	37.2	37.2
Corruption Perceptions Index	38	37
Life expectancy at birth, years	71.3	78.1
Suicide mortality rate, per 100,000 people	3.4	4.3
Mortality caused by road traffic injury, per 100,000 people	12.2	14.3
Intentional homicides, per 100,000 people	0.4	9.7
International tourism, number of arrivals	15.8M	1.8M

Government debt & reserves

Stat	Indonesia	Panama
Central government debt, % of GDP	29.2%	39.4%
External debt stocks, % of GNI	37.6%	N/A
External debt stocks	$379.7B	N/A
Short-term debt, % of total reserves	39.7%	N/A
Total debt service, % of exports and primary income	26%	N/A
Adjusted net savings including particulate emission damage, % of GNI	12%	25.3%
Gross savings, % of GDP	31.6%	29.1%
Gross capital formation, % of GDP	34.6%	41.7%
Total reserves including gold	$120.7B	$2.1B
Foreign direct investment net inflows	$19.7B	$5.9B

Exports, imports and economic structure

Stat	Indonesia	Panama
Exports of goods and services, % of GDP	21%	42.3%
Imports of goods and services, % of GDP	22.1%	45.3%
Current account balance (balance of payments)	-$31B	-$6.8B
Revenue excluding grants, % of GDP	12.2%	N/A
Grants excluding technical cooperation, BoP	$696.7M	$22.3M
Personal remittances received	$11.2B	$537.9M
Industry including construction value added, % of GDP	39.7%	29.2%
Agriculture, forestry and fishing value added, % of GDP	12.8%	2.2%
Charges for the use of intellectual property, payments BoP	$1.5B	$39.4M
Charges for the use of intellectual property, receipts BoP	$61.2M	$21.7M
Expense, % of GDP	14.3%	N/A
Government Expenditure, % of GDP	16.7%	21.8%