Pakistan vs Panama: Economic Indicators Comparison

Pakistan with a GDP of $314.6B ranked the 41st largest economy in the world, while Panama ranked 75th with $65.1B. By GDP 5-years average growth and GDP per capita, Pakistan and Panama ranked 40th vs 33rd and 162nd vs 61st, respectively.

Gross Domestic Product & Income

Stat	Pakistan	Panama
GDP	$314.6B	$65.1B
GDP growth, 1 year	5.2%	3.9%
GDP growth, 5-years average	4.7%	5%
Population	197M	4.1M
GDP per capita	$1.5k	$16k
GDP per capita growth	3.68%	1.94%
Purchasing Power Parity conversion factor	29.3	0.61
Price level ratio of PPP conversion factor GDP to market exchange rate	0.27	0.61
GDP per capita, PPP adjusted	$5.7k	$26k
GNI, Atlas method	$337.1B	$60B
GNI per capita	$1.6k	$14k
GNI, PPP adjusted	$1.2T	$98.4B
GNI per capita, PPP adjusted	$5.9k	$24k

Financial system and Human development

Stat	Pakistan	Panama
Income Tax Rate	30%	25%
Corporate Tax Rate	30%	25%
Inflation, consumer prices	3.9%	0.8%
Inflation, GDP deflator	2.5%	0.7%
Unemployment	3%	3.9%
Economic Freedom Index	54.8	67.2
Personal Freedom Index	5.02	7.73
Human Freedom Index	5.44	7.53
Property Rights Index	48.3	58.8
Judical Effectiveness Index	43.2	30
Business Freedom Index	54.9	70.8
Fiscal Health Index	40.4	91.2
Labor Freedom Index	41.3	43.3
Investment Freedom Index	55	75
Financial Freedom Index	40	70
Trade Freedom Index	64.8	79.2
Monetary Freedom Index	72.5	79.4
Government Spending Index	86.8	85.7
Tax Burden Index	80.4	85.3
Government Integrity Index	29.7	37.2
Corruption Perceptions Index	33	37
Life expectancy at birth, years	66.9	78.1
Suicide mortality rate, per 100,000 people	2.9	4.3
Mortality caused by road traffic injury, per 100,000 people	14.3	14.3
Intentional homicides, per 100,000 people	4.2	9.7
International tourism, number of arrivals	966k	1.8M

Government debt & reserves

Stat	Pakistan	Panama
Central government debt, % of GDP	72.1%	39.4%
External debt stocks, % of GNI	27.6%	N/A
External debt stocks	$91B	N/A
Short-term debt, % of total reserves	70.1%	N/A
Total debt service, % of exports and primary income	19.9%	N/A
Adjusted net savings including particulate emission damage, % of GNI	12.7%	25.3%
Gross savings, % of GDP	18.8%	29.1%
Gross capital formation, % of GDP	16.7%	41.7%
Total reserves including gold	$11.8B	$2.1B
Foreign direct investment net inflows	$2.4B	$5.9B

Exports, imports and economic structure

Stat	Pakistan	Panama
Exports of goods and services, % of GDP	8.8%	42.3%
Imports of goods and services, % of GDP	19.7%	45.3%
Current account balance (balance of payments)	-$19.2B	-$6.8B
Revenue excluding grants, % of GDP	N/A	N/A
Grants excluding technical cooperation, BoP	$1.5B	$22.3M
Personal remittances received	$21.2B	$537.9M
Industry including construction value added, % of GDP	18%	29.2%
Agriculture, forestry and fishing value added, % of GDP	22.9%	2.2%
Charges for the use of intellectual property, payments BoP	$189M	$39.4M
Charges for the use of intellectual property, receipts BoP	$7M	$21.7M
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	21%	21.8%