Panama World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Panama	Rank
GDP	$65.1B	75
GDP growth, 1 year	3.9%	71
GDP growth, 5-years average	5%	33
Population	4.1M	129
GDP per capita	$16k	61
GDP per capita growth	1.94%	97
Purchasing Power Parity conversion factor	0.61	170
Price level ratio of PPP conversion factor GDP to market exchange rate	0.61	59
GDP per capita, PPP adjusted	$26k	64
GNI, Atlas method	$60B	75
GNI per capita	$14k	55
GNI, PPP adjusted	$98.4B	83
GNI per capita, PPP adjusted	$24k	59

Financial system and Human development

Stat	Panama	Rank
Income Tax Rate	25%	64
Corporate Tax Rate	25%	87
Inflation, consumer prices	0.8%	19
Inflation, GDP deflator	0.7%	22
Unemployment	3.9%	60
Economic Freedom Index	67.2	58
Personal Freedom Index	7.73	62
Human Freedom Index	7.53	53
Property Rights Index	58.8	80
Judical Effectiveness Index	30	147
Business Freedom Index	70.8	60
Fiscal Health Index	91.2	52
Labor Freedom Index	43.3	160
Investment Freedom Index	75	48
Financial Freedom Index	70	34
Trade Freedom Index	79.2	78
Monetary Freedom Index	79.4	64
Government Spending Index	85.7	40
Tax Burden Index	85.3	48
Government Integrity Index	37.2	100
Corruption Perceptions Index	37	113
Life expectancy at birth, years	78.1	45
Suicide mortality rate, per 100,000 people	4.3	49
Mortality caused by road traffic injury, per 100,000 people	14.3	90
Intentional homicides, per 100,000 people	9.7	158
International tourism, number of arrivals	1.8M	92

Government debt & reserves

Stat	Panama	Rank
Central government debt, % of GDP	39.4%	127
External debt stocks, % of GNI	N/A	-
External debt stocks	N/A	-
Short-term debt, % of total reserves	N/A	-
Total debt service, % of exports and primary income	N/A	-
Adjusted net savings including particulate emission damage, % of GNI	25.3%	9
Gross savings, % of GDP	29.1%	42
Gross capital formation, % of GDP	41.7%	11
Total reserves including gold	$2.1B	117
Foreign direct investment net inflows	$5.9B	38

Exports, imports and economic structure

Stat	Panama	Rank
Exports of goods and services, % of GDP	42.3%	70
Imports of goods and services, % of GDP	45.3%	82
Current account balance (balance of payments)	-$6.8B	165
Revenue excluding grants, % of GDP	N/A	-
Grants excluding technical cooperation, BoP	$22.3M	139
Personal remittances received	$537.9M	99
Industry including construction value added, % of GDP	29.2%	62
Agriculture, forestry and fishing value added, % of GDP	2.2%	146
Charges for the use of intellectual property, payments BoP	$39.4M	83
Charges for the use of intellectual property, receipts BoP	$21.7M	67
Expense, % of GDP	N/A	-
Government Expenditure, % of GDP	21.8%	138