Panama vs Zimbabwe: Economic Indicators Comparison

Panama with a GDP of $65.1B ranked the 75th largest economy in the world, while Zimbabwe ranked 101st with $31B. By GDP 5-years average growth and GDP per capita, Panama and Zimbabwe ranked 33rd vs 112th and 61st vs 144th, respectively.

Gross Domestic Product & Income

StatPanamaZimbabwe
GDP$65.1B$31B
GDP growth, 1 year3.9%3.4%
GDP growth, 5-years average5%2.6%
Population4.1M16.5M
GDP per capita$16k$2.1k
GDP per capita growth1.94%4.67%
Purchasing Power Parity conversion factor0.610.71
Price level ratio of PPP conversion factor GDP to market exchange rate0.610.71
GDP per capita, PPP adjusted$26k$2.8k
GNI, Atlas method$60B$25.8B
GNI per capita$14k$1.8k
GNI, PPP adjusted$98.4B$43.6B
GNI per capita, PPP adjusted$24k$3k

Financial system and Human development

StatPanamaZimbabwe
Income Tax Rate25%51.5%
Corporate Tax Rate25%25%
Inflation, consumer prices0.8%10.6%
Inflation, GDP deflator0.7%28%
Unemployment3.9%4.9%
Economic Freedom Index67.243.1
Personal Freedom Index7.735.45
Human Freedom Index7.534.96
Property Rights Index58.833.7
Judical Effectiveness Index3028.3
Business Freedom Index70.839.1
Fiscal Health Index91.236.2
Labor Freedom Index43.343.1
Investment Freedom Index7525
Financial Freedom Index7010
Trade Freedom Index79.270
Monetary Freedom Index79.462.8
Government Spending Index85.788
Tax Burden Index85.362.3
Government Integrity Index37.218.9
Corruption Perceptions Index3722
Life expectancy at birth, years78.160.8
Suicide mortality rate, per 100,000 people4.310.7
Mortality caused by road traffic injury, per 100,000 people14.334.7
Intentional homicides, per 100,000 people9.76.7
International tourism, number of arrivals1.8M2.6M

Government debt & reserves

StatPanamaZimbabwe
Central government debt, % of GDP39.4%29.8%
External debt stocks, % of GNIN/A39.8%
External debt stocksN/A$12.3B
Short-term debt, % of total reservesN/A3880.6%
Total debt service, % of exports and primary incomeN/A11.7%
Adjusted net savings including particulate emission damage, % of GNI25.3%-22.2%
Gross savings, % of GDP29.1%-3.4%
Gross capital formation, % of GDP41.7%12.6%
Total reserves including gold$2.1B$87M
Foreign direct investment net inflows$5.9B$744.6M

Exports, imports and economic structure

StatPanamaZimbabwe
Exports of goods and services, % of GDP42.3%22.9%
Imports of goods and services, % of GDP45.3%25.5%
Current account balance (balance of payments)-$6.8B-$307.8M
Revenue excluding grants, % of GDPN/A16.9%
Grants excluding technical cooperation, BoP$22.3M$737.1M
Personal remittances received$537.9M$1.9B
Industry including construction value added, % of GDP29.2%32.5%
Agriculture, forestry and fishing value added, % of GDP2.2%12.1%
Charges for the use of intellectual property, payments BoP$39.4M$4.3M
Charges for the use of intellectual property, receipts BoP$21.7M$2.4M
Expense, % of GDPN/A26.6%
Government Expenditure, % of GDP21.8%20%

Compare with countries close by GDP per capita

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

Zimbabwe vs

CountryGDP
per capita
Population
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
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
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M