The Netherlands vs Panama: Economic Indicators Comparison

The Netherlands with a GDP of $913.7B ranked the 17th largest economy in the world, while Panama ranked 75th with $65.1B. By GDP 5-years average growth and GDP per capita, the Netherlands and Panama ranked 121st vs 33rd and 15th vs 61st, respectively.

Gross Domestic Product & Income

Stat	Netherlands	Panama
GDP	$913.7B	$65.1B
GDP growth, 1 year	2.5%	3.9%
GDP growth, 5-years average	2.2%	5%
Population	17.3M	4.1M
GDP per capita	$53k	$16k
GDP per capita growth	2%	1.94%
Purchasing Power Parity conversion factor	0.8	0.61
Price level ratio of PPP conversion factor GDP to market exchange rate	0.94	0.61
GDP per capita, PPP adjusted	$56k	$26k
GNI, Atlas method	$883.2B	$60B
GNI per capita	$51k	$14k
GNI, PPP adjusted	$980.2B	$98.4B
GNI per capita, PPP adjusted	$57k	$24k

Financial system and Human development

Stat	Netherlands	Panama
Income Tax Rate	52%	25%
Corporate Tax Rate	25%	25%
Inflation, consumer prices	1.6%	0.8%
Inflation, GDP deflator	2.2%	0.7%
Unemployment	3.9%	3.9%
Economic Freedom Index	77	67.2
Personal Freedom Index	9.23	7.73
Human Freedom Index	8.49	7.53
Property Rights Index	90	58.8
Judical Effectiveness Index	73.9	30
Business Freedom Index	80.4	70.8
Fiscal Health Index	94.1	91.2
Labor Freedom Index	60.2	43.3
Investment Freedom Index	90	75
Financial Freedom Index	80	70
Trade Freedom Index	86.4	79.2
Monetary Freedom Index	82.5	79.4
Government Spending Index	45.2	85.7
Tax Burden Index	51.7	85.3
Government Integrity Index	90.1	37.2
Corruption Perceptions Index	82	37
Life expectancy at birth, years	81.6	78.1
Suicide mortality rate, per 100,000 people	12.6	4.3
Mortality caused by road traffic injury, per 100,000 people	3.8	14.3
Intentional homicides, per 100,000 people	0.8	9.7
International tourism, number of arrivals	18.8M	1.8M

Government debt & reserves

Stat	Netherlands	Panama
Central government debt, % of GDP	54.4%	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	18.4%	25.3%
Gross savings, % of GDP	31.9%	29.1%
Gross capital formation, % of GDP	20.7%	41.7%
Total reserves including gold	$38.4B	$2.1B
Foreign direct investment net inflows	-$239.3B	$5.9B

Exports, imports and economic structure

Stat	Netherlands	Panama
Exports of goods and services, % of GDP	84.3%	42.3%
Imports of goods and services, % of GDP	73.3%	45.3%
Current account balance (balance of payments)	$99.1B	-$6.8B
Revenue excluding grants, % of GDP	39.1%	N/A
Grants excluding technical cooperation, BoP	N/A	$22.3M
Personal remittances received	$2.5B	$537.9M
Industry including construction value added, % of GDP	17.9%	29.2%
Agriculture, forestry and fishing value added, % of GDP	1.6%	2.2%
Charges for the use of intellectual property, payments BoP	$41.9B	$39.4M
Charges for the use of intellectual property, receipts BoP	$35B	$21.7M
Expense, % of GDP	37.8%	N/A
Government Expenditure, % of GDP	42.7%	21.8%