The Palestine vs Panama: Economic Indicators Comparison

Panama with a GDP of $65.1B ranked the 75th largest economy in the world, while the Palestine ranked 125th with $14.6B. By GDP per capita, Panama and the Palestine ranked 61st vs 132nd, respectively.

Gross Domestic Product & Income

StatPalestinePanama
GDP$14.6B$65.1B
GDP growth, 1 year0.91%3.9%
GDP growth, 5-years averageN/A5%
Population4.7M4.1M
GDP per capita$3.2k$16k
GDP per capita growth-1.62%1.94%
Purchasing Power Parity conversion factor2.230.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.620.61
GDP per capita, PPP adjusted$5.2k$26k
GNI, Atlas method$17B$60B
GNI per capita$3.7k$14k
GNI, PPP adjusted$27.4B$98.4B
GNI per capita, PPP adjusted$6k$24k

Financial system and Human development

StatPalestinePanama
Income Tax RateN/A25%
Corporate Tax RateN/A25%
Inflation, consumer prices-0.2%0.8%
Inflation, GDP deflator-0.1%0.7%
Unemployment26.3%3.9%
Economic Freedom Index3067.2
Personal Freedom Index4.17.73
Human Freedom Index47.53
Property Rights IndexN/A58.8
Judical Effectiveness IndexN/A30
Business Freedom IndexN/A70.8
Fiscal Health IndexN/A91.2
Labor Freedom IndexN/A43.3
Investment Freedom IndexN/A75
Financial Freedom IndexN/A70
Trade Freedom IndexN/A79.2
Monetary Freedom IndexN/A79.4
Government Spending IndexN/A85.7
Tax Burden IndexN/A85.3
Government Integrity IndexN/A37.2
Corruption Perceptions Index1837
Life expectancy at birth, years73.778.1
Suicide mortality rate, per 100,000 people4.34.3
Mortality caused by road traffic injury, per 100,000 people19.514.3
Intentional homicides, per 100,000 people0.79.7
International tourism, number of arrivals606k1.8M

Government debt & reserves

StatPalestinePanama
Central government debt, % of GDPN/A39.4%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A25.3%
Gross savings, % of GDP12.6%29.1%
Gross capital formation, % of GDP24.2%41.7%
Total reserves including gold$537.8M$2.1B
Foreign direct investment net inflows$262.5M$5.9B

Exports, imports and economic structure

StatPalestinePanama
Exports of goods and services, % of GDP19.9%42.3%
Imports of goods and services, % of GDP59.7%45.3%
Current account balance (balance of payments)-$1.7B-$6.8B
Revenue excluding grants, % of GDP6.9%N/A
Grants excluding technical cooperation, BoP$2.1B$22.3M
Personal remittances received$2.5B$537.9M
Industry including construction value added, % of GDP19.6%29.2%
Agriculture, forestry and fishing value added, % of GDP3.2%2.2%
Charges for the use of intellectual property, payments BoP$1.4M$39.4M
Charges for the use of intellectual property, receipts BoP$1.6k$21.7M
Expense, % of GDP8.3%N/A
Government Expenditure, % of GDPN/A21.8%

Compare with countries close by GDP per capita

Palestine vs

CountryGDP
per capita
Population
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M

Panama vs

CountryGDP
per capita
Population
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B