Malta vs Panama: Economic Indicators Comparison

Panama with a GDP of $65.1B ranked the 75th largest economy in the world, while Malta ranked 126th with $14.6B. By GDP 5-years average growth and GDP per capita, Panama and Malta ranked 33rd vs 5th and 61st vs 35th, respectively.

Gross Domestic Product & Income

Stat	Malta	Panama
GDP	$14.6B	$65.1B
GDP growth, 1 year	6.4%	3.9%
GDP growth, 5-years average	7.6%	5%
Population	465k	4.1M
GDP per capita	$30k	$16k
GDP per capita growth	3.34%	1.94%
Purchasing Power Parity conversion factor	0.6	0.61
Price level ratio of PPP conversion factor GDP to market exchange rate	0.71	0.61
GDP per capita, PPP adjusted	$46k	$26k
GNI, Atlas method	$12.8B	$60B
GNI per capita	$26k	$14k
GNI, PPP adjusted	$19B	$98.4B
GNI per capita, PPP adjusted	$39k	$24k

Financial system and Human development

Stat	Malta	Panama
Income Tax Rate	35%	25%
Corporate Tax Rate	35%	25%
Inflation, consumer prices	1.7%	0.8%
Inflation, GDP deflator	2.1%	0.7%
Unemployment	4.6%	3.9%
Economic Freedom Index	69.5	67.2
Personal Freedom Index	9.08	7.73
Human Freedom Index	8.42	7.53
Property Rights Index	70.5	58.8
Judical Effectiveness Index	49.6	30
Business Freedom Index	68	70.8
Fiscal Health Index	95.9	91.2
Labor Freedom Index	61.1	43.3
Investment Freedom Index	85	75
Financial Freedom Index	60	70
Trade Freedom Index	86.4	79.2
Monetary Freedom Index	77.1	79.4
Government Spending Index	60	85.7
Tax Burden Index	64.8	85.3
Government Integrity Index	55.1	37.2
Corruption Perceptions Index	54	37
Life expectancy at birth, years	82.5	78.1
Suicide mortality rate, per 100,000 people	7.5	4.3
Mortality caused by road traffic injury, per 100,000 people	6.1	14.3
Intentional homicides, per 100,000 people	0.9	9.7
International tourism, number of arrivals	2.6M	1.8M

Government debt & reserves

Stat	Malta	Panama
Central government debt, % of GDP	45.4%	39.4%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	25.3%
Gross savings, % of GDP	31.1%	29.1%
Gross capital formation, % of GDP	19.1%	41.7%
Total reserves including gold	$1B	$2.1B
Foreign direct investment net inflows	$4.7B	$5.9B

Exports, imports and economic structure

Stat	Malta	Panama
Exports of goods and services, % of GDP	144.9%	42.3%
Imports of goods and services, % of GDP	124%	45.3%
Current account balance (balance of payments)	$1.4B	-$6.8B
Revenue excluding grants, % of GDP	38.8%	N/A
Grants excluding technical cooperation, BoP	$6.8M	$22.3M
Personal remittances received	$276.5M	$537.9M
Industry including construction value added, % of GDP	12.1%	29.2%
Agriculture, forestry and fishing value added, % of GDP	0.9%	2.2%
Charges for the use of intellectual property, payments BoP	$814.5M	$39.4M
Charges for the use of intellectual property, receipts BoP	$618.8M	$21.7M
Expense, % of GDP	34.9%	N/A
Government Expenditure, % of GDP	36.5%	21.8%