Lesotho vs Panama: Economic Indicators Comparison

Panama with a GDP of $65.1B ranked the 75th largest economy in the world, while Lesotho ranked 169th with $2.7B. By GDP 5-years average growth and GDP per capita, Panama and Lesotho ranked 33rd vs 143rd and 61st vs 165th, respectively.

Gross Domestic Product & Income

Stat	Lesotho	Panama
GDP	$2.7B	$65.1B
GDP growth, 1 year	1.5%	3.9%
GDP growth, 5-years average	1.7%	5%
Population	2.2M	4.1M
GDP per capita	$1.3k	$16k
GDP per capita growth	0.33%	1.94%
Purchasing Power Parity conversion factor	5.35	0.61
Price level ratio of PPP conversion factor GDP to market exchange rate	0.4	0.61
GDP per capita, PPP adjusted	$3.4k	$26k
GNI, Atlas method	$2.9B	$60B
GNI per capita	$1.4k	$14k
GNI, PPP adjusted	$7.8B	$98.4B
GNI per capita, PPP adjusted	$3.7k	$24k

Financial system and Human development

Stat	Lesotho	Panama
Income Tax Rate	35%	25%
Corporate Tax Rate	25%	25%
Inflation, consumer prices	5.2%	0.8%
Inflation, GDP deflator	4.4%	0.7%
Unemployment	23.6%	3.9%
Economic Freedom Index	54.5	67.2
Personal Freedom Index	6.12	7.73
Human Freedom Index	6.16	7.53
Property Rights Index	45.2	58.8
Judical Effectiveness Index	47	30
Business Freedom Index	52.8	70.8
Fiscal Health Index	60.3	91.2
Labor Freedom Index	58.8	43.3
Investment Freedom Index	55	75
Financial Freedom Index	40	70
Trade Freedom Index	82.2	79.2
Monetary Freedom Index	75.7	79.4
Government Spending Index	34.4	85.7
Tax Burden Index	73	85.3
Government Integrity Index	29.6	37.2
Corruption Perceptions Index	41	37
Life expectancy at birth, years	52.9	78.1
Suicide mortality rate, per 100,000 people	21.2	4.3
Mortality caused by road traffic injury, per 100,000 people	28.9	14.3
Intentional homicides, per 100,000 people	41.3	9.7
International tourism, number of arrivals	1.2M	1.8M

Government debt & reserves

Stat	Lesotho	Panama
Central government debt, % of GDP	39%	39.4%
External debt stocks, % of GNI	29.2%	N/A
External debt stocks	$914.8M	N/A
Short-term debt, % of total reserves	0.1%	N/A
Total debt service, % of exports and primary income	3.6%	N/A
Adjusted net savings including particulate emission damage, % of GNI	8.2%	25.3%
Gross savings, % of GDP	18.1%	29.1%
Gross capital formation, % of GDP	22%	41.7%
Total reserves including gold	$728.5M	$2.1B
Foreign direct investment net inflows	$39.6M	$5.9B

Exports, imports and economic structure

Stat	Lesotho	Panama
Exports of goods and services, % of GDP	43.8%	42.3%
Imports of goods and services, % of GDP	84.2%	45.3%
Current account balance (balance of payments)	-$4M	-$6.8B
Revenue excluding grants, % of GDP	33.8%	N/A
Grants excluding technical cooperation, BoP	$133M	$22.3M
Personal remittances received	$629.4M	$537.9M
Industry including construction value added, % of GDP	35.5%	29.2%
Agriculture, forestry and fishing value added, % of GDP	6%	2.2%
Charges for the use of intellectual property, payments BoP	$3.3M	$39.4M
Charges for the use of intellectual property, receipts BoP	$219k	$21.7M
Expense, % of GDP	35.2%	N/A
Government Expenditure, % of GDP	46.8%	21.8%