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Australia vs Panama statistics compared

Updated on by Georank team

Australia has a population of 27.2M (ranked 54/197), compared with 4.52M in Panama (ranked 128/197). Australia's land area is 2,969,906 sq mi versus 28,641 sq mi for Panama (ranked 6th vs. 115th).

By GDP, Australia ranks 14/197 ($1.76T) and Panama ranks 78/197 ($86.5B). By GDP per capita, Australia ranks 14/197 ($64,604), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Australia Panama
Population
27799169
4642198
Population rank 55/197 128/197
GDP
$1.76T
2024
$86.5B
2024
GDP rank 14/197 78/197
GDP per capita
$64,604
2024
$19,161
2024
GDP per capita rank 14/197 60/197
GDP per capita, PPP
$72,111
2024
$41,369
2024
Government debt
$891B
2024
$49.6B
2024
Debt-to-GDP ratio
50.7%
2024
57.4%
2024
Government debt per person
$32,764
2024
$10,995
2024
Government debt per person rank 22/185 51/185
Average annual personal income after taxes
$49,463
2026
$10,196
2026
Land area 2,969,906 sq mi 28,641 sq mi
Population density
9.34 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
1.5
2023
2.12
2023
Median age
39 years
2024
30.9 years
2024
Life expectancy
84.3 years
2026
80.1 years
2026

Australia and Panama: Comparison Charts

Australia and Panama economies compared

GDP
Australia

Panama
1x
Year GDP
Australia Panama
2024 $1,757,022,451,653 $86,523,959,132
2023 $1,734,451,264,656 $83,812,155,244
2022 $1,695,627,535,476 $76,479,304,471
2021 $1,560,617,493,203 $67,396,392,506
2020 $1,333,336,461,648 $57,059,846,522
2019 $1,398,349,602,956 $69,778,991,193
2018 $1,433,144,978,762 $67,316,471,181
2017 $1,330,890,554,614 $64,327,688,826
2016 $1,211,588,128,418 $59,760,858,718
2015 $1,356,805,839,936 $55,767,806,073
2014 $1,474,677,007,566 $51,427,104,882
2013 $1,583,737,461,925 $46,949,496,479
2012 $1,552,728,401,402 $41,595,439,721
2011 $1,402,939,868,653 $35,687,738,252
2010 $1,152,566,632,022 $30,231,009,533
2009 $931,761,689,771 $27,791,215,547
2008 $1,058,448,244,064 $25,721,327,955
2007 $856,603,595,823 $21,717,433,808
2006 $749,708,370,333 $18,659,721,513
2005 $696,811,489,613 $16,623,906,739
2004 $615,643,050,221 $15,100,203,362
2003 $468,517,181,130 $13,603,456,003
2002 $396,436,967,263 $12,800,851,271
2001 $380,360,222,861 $12,252,906,341
2000 $416,901,962,163 $11,966,497,049
1999 $390,347,787,943 $11,660,704,777
1998 $400,361,527,505 $11,019,557,689
1997 $436,321,902,767 $10,058,854,386
1996 $401,962,517,479 $9,197,503,323
1995 $368,725,126,225 $9,573,813,700
1994 $323,269,456,935 $9,365,289,800
1993 $312,568,858,910 $8,782,585,400
1992 $325,982,966,981 $8,042,337,700
1991 $326,416,407,861 $7,074,675,500
1990 $311,840,666,465 $6,433,967,000
1989 $300,264,309,002 $5,918,469,800
1988 $236,461,079,970 $5,902,783,400
1987 $189,726,707,253 $6,827,665,300
1986 $182,707,050,923 $6,797,834,200
1985 $180,861,108,959 $6,541,517,100
1984 $193,749,932,078 $6,183,387,100
1983 $177,523,719,680 $5,923,755,900
1982 $194,323,071,831 $5,769,767,900
1981 $177,151,979,566 $5,222,421,500
1980 $150,200,557,103 $4,614,086,400
1979 $135,093,718,051 $3,704,551,600
1978 $118,660,813,780 $3,244,558,600
1977 $110,504,702,914 $2,738,261,900
1976 $105,209,354,856 $2,588,106,000
1975 $97,440,939,506 $2,435,304,100
1974 $89,086,219,602 $2,188,307,600
1973 $63,923,126,201 $1,913,793,400
1972 $52,117,990,654 $1,673,411,700
1971 $45,283,847,245 $1,523,917,200
1970 $41,395,206,623 $1,351,006,400
1969 $36,738,245,878 $1,221,305,700
1968 $32,763,365,242 $1,112,791,100
1967 $30,487,524,878 $1,034,376,400
1966 $27,349,284,376 $928,833,000
1965 $26,014,244,162 $852,485,300
1964 $23,835,843,814 $776,137,500
1963 $21,573,443,452 $722,784,500
1962 $19,953,923,193 $652,120,900
1961 $19,713,123,154 $599,026,300
1960 $18,635,682,982 $537,147,100

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/australia/panama | CC BY

Australia and Panama economies compared

GDP per capita
Australia

Panama
1x
Year GDP per capita
Australia Panama
2024 $64,604 $19,161
2023 $65,058 $18,797
2022 $65,170 $17,379
2021 $60,759 $15,510
2020 $51,983 $13,291
2019 $55,195 $16,478
2018 $57,410 $16,151
2017 $54,118 $15,695
2016 $50,084 $14,832
2015 $56,970 $14,083
2014 $62,817 $13,213
2013 $68,477 $12,273
2012 $68,301 $11,065
2011 $62,799 $9,662
2010 $52,314 $8,331
2009 $42,955 $7,797
2008 $49,811 $7,348
2007 $41,128 $6,318
2006 $36,659 $5,529
2005 $34,535 $5,018
2004 $30,886 $4,645
2003 $23,758 $4,265
2002 $20,335 $4,091
2001 $19,734 $3,992
2000 $21,909 $3,975
1999 $20,750 $3,950
1998 $21,516 $3,808
1997 $23,683 $3,546
1996 $22,056 $3,308
1995 $20,479 $3,514
1994 $18,156 $3,508
1993 $17,725 $3,358
1992 $18,650 $3,140
1991 $18,885 $2,821
1990 $18,274 $2,620
1989 $17,858 $2,462
1988 $14,303 $2,509
1987 $11,666 $2,966
1986 $11,406 $3,019
1985 $11,455 $2,972
1984 $12,436 $2,875
1983 $11,532 $2,819
1982 $12,798 $2,811
1981 $11,871 $2,605
1980 $10,223 $2,357
1979 $9,308 $1,938
1978 $8,264 $1,738
1977 $7,786 $1,503
1976 $7,497 $1,457
1975 $7,014 $1,406
1974 $6,492 $1,296
1973 $4,778 $1,164
1972 $3,955 $1,046
1971 $3,500 $979
1970 $3,310 $893
1969 $2,996 $830
1968 $2,728 $778
1967 $2,584 $745
1966 $2,347 $689
1965 $2,284 $651
1964 $2,134 $611
1963 $1,970 $587
1962 $1,858 $546
1961 $1,880 $516
1960 $1,813 $477

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/australia/panama | CC BY

Australia vs. Panama life expectancy calculator

Life expectancy
Australia

Panama
1x
Year Life expectancy, years
Australia Panama
2026 84.3 80.1
2025 84.2 80
2024 84.1 79.8
2023 83.9 79.6
2022 82.8 79.3
2021 83.6 77
2020 83.7 76.3
2019 83.2 78.5
2018 83.3 78.3
2017 82.7 77.9
2016 82.8 77.8
2015 82.6 77.6
2014 82.5 77.4
2013 82.6 77.1
2012 82.3 76.9
2011 82.1 76.7
2010 82 76.4
2009 81.7 76.2
2008 81.4 75.9
2007 81.2 75.7
2006 81.3 75.4
2005 81.1 75.2
2004 80.7 74.8
2003 80.4 74.6
2002 80.1 74.2
2001 80 73.8
2000 79.6 73.4
1999 79.3 73.1
1998 79 72.8
1997 78.6 72.5
1996 78.3 72.2
1995 78.3 72
1994 77.9 71.9
1993 78 71.8
1992 77.5 71.5
1991 77.5 71.3
1990 77 71.3
1989 76.2 70.1
1988 76.3 70.9
1987 76.1 70.8
1986 76.1 70.7
1985 75.4 70.5
1984 75.5 70.4
1983 75.4 70.1
1982 74.7 69.9
1981 74.8 69.8
1980 74.6 69.5
1979 74.3 69.1
1978 73.7 68.7
1977 73.5 68.3
1976 72.8 67.8
1975 72.8 67.2
1974 71.8 66.6
1973 72.1 65.8
1972 71.8 65.2
1971 71.5 64.7
1970 70.7 64.1
1969 71.1 63.7
1968 70.7 63.2
1967 71 62.9
1966 70.7 62.6
1965 70.8 62.3
1964 70.6 62.1
1963 71 61.8
1962 70.9 61.4
1961 71.1 60.9
1960 70.9 60.3
1959 70.4 59.6
1958 70.9 58.9
1957 70.3 58.3
1956 70 57.9
1955 70.2 57.5
1954 69.9 57.2
1953 69.7 56.8
1952 69.1 56.4
1951 68.7 55.9
1950 69 55.4

Data sources: United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10).

GeoRank.org/facts/australia/panama | CC BY

Australia and Panama population clocks and comparison

Population
Australia

Panama
1x
Year Population
Australia Panama
2024 27,196,812 4,515,577
2023 26,659,922 4,458,759
2022 26,018,721 4,400,773
2021 25,685,412 4,345,405
2020 25,649,248 4,293,261
2019 25,334,826 4,234,700
2018 24,963,258 4,167,860
2017 24,592,588 4,098,707
2016 24,190,907 4,029,086
2015 23,815,995 3,960,035
2014 23,475,686 3,892,101
2013 23,128,129 3,825,329
2012 22,733,465 3,759,256
2011 22,340,024 3,693,505
2010 22,031,750 3,628,535
2009 21,691,653 3,564,381
2008 21,249,199 3,500,648
2007 20,827,622 3,437,490
2006 20,450,966 3,375,024
2005 20,176,844 3,313,026
2004 19,932,722 3,251,155
2003 19,720,737 3,189,807
2002 19,495,210 3,129,344
2001 19,274,701 3,069,537
2000 19,028,802 3,010,369
1999 18,812,264 2,951,822
1998 18,607,584 2,893,914
1997 18,423,037 2,836,695
1996 18,224,767 2,780,227
1995 18,004,882 2,724,557
1994 17,805,468 2,669,546
1993 17,634,808 2,615,099
1992 17,478,635 2,561,336
1991 17,284,036 2,508,265
1990 17,065,128 2,455,583
1989 16,814,416 2,403,820
1988 16,532,164 2,352,848
1987 16,263,874 2,301,970
1986 16,018,350 2,251,325
1985 15,788,312 2,200,915
1984 15,579,391 2,150,782
1983 15,393,472 2,101,106
1982 15,184,247 2,052,271
1981 14,923,260 2,004,418
1980 14,692,000 1,957,534
1979 14,514,000 1,911,552
1978 14,358,000 1,866,311
1977 14,192,000 1,821,543
1976 14,033,000 1,776,935
1975 13,893,000 1,732,389
1974 13,723,000 1,687,926
1973 13,380,000 1,643,690
1972 13,177,000 1,599,723
1971 12,937,000 1,556,081
1970 12,507,000 1,513,070
1969 12,263,000 1,470,886
1968 12,009,000 1,429,447
1967 11,799,000 1,388,628
1966 11,651,000 1,348,388
1965 11,388,000 1,308,835
1964 11,167,000 1,270,065
1963 10,950,000 1,232,124
1962 10,742,000 1,195,301
1961 10,483,000 1,159,870
1960 10,276,477 1,126,005

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/australia/panama | CC BY

Fertility rates in Australia and Panama

Fertility rate
Australia

Panama
1x
Year Fertility rate
Australia Panama
2023 1.5 2.12
2022 1.63 2.14
2021 1.7 2.15
2020 1.58 2.18
2019 1.66 2.29
2018 1.74 2.4
2017 1.74 2.46
2016 1.75 2.5
2015 1.81 2.53
2014 1.83 2.55
2013 1.86 2.57
2012 1.92 2.59
2011 1.93 2.6
2010 1.93 2.59
2009 1.97 2.59
2008 1.98 2.61
2007 1.96 2.61
2006 1.91 2.62
2005 1.81 2.64
2004 1.77 2.68
2003 1.75 2.68
2002 1.76 2.7
2001 1.74 2.72
2000 1.76 2.74
1999 1.76 2.77
1998 1.76 2.79
1997 1.78 2.81
1996 1.8 2.83
1995 1.82 2.85
1994 1.84 2.88
1993 1.86 2.91
1992 1.89 2.95
1991 1.85 3
1990 1.9 3.07
1989 1.84 3.12
1988 1.83 3.17
1987 1.85 3.25
1986 1.87 3.34
1985 1.92 3.43
1984 1.84 3.52
1983 1.92 3.6
1982 1.93 3.66
1981 1.94 3.72
1980 1.89 3.8
1979 1.91 3.88
1978 1.95 3.98
1977 2.01 4.12
1976 2.06 4.26
1975 2.15 4.41
1974 2.4 4.58
1973 2.49 4.74
1972 2.74 4.91
1971 2.96 5.05
1970 2.86 5.18
1969 2.89 5.29
1968 2.89 5.41
1967 2.85 5.53
1966 2.88 5.65
1965 2.98 5.73
1964 3.15 5.81
1963 3.33 5.87
1962 3.44 5.87
1961 3.54 5.87
1960 3.45 5.83

Data sources: World Bank | Health (1960–2023, retrieved 2026-04-06).

GeoRank.org/facts/australia/panama | CC BY

Australia and Panama demographics compared

Median age
Australia

Panama
1x
Year Median age, years
Australia Panama
2024 39 30.9
2023 38.8 30.6
2022 38.5 30.3
2021 38.3 30
2020 38 29.7
2019 37.6 29.4
2018 37.4 29.1
2017 37.4 28.8
2016 37.3 28.5
2015 37.3 28.3
2014 37.3 28
2013 37.2 27.8
2012 37.2 27.5
2011 37.1 27.2
2010 37 27
2009 36.9 26.7
2008 36.8 26.4
2007 36.8 26.1
2006 36.7 25.9
2005 36.5 25.6
2004 36.3 25.3
2003 36.1 25.1
2002 35.8 24.8
2001 35.6 24.5
2000 35.4 24.3
1999 35.1 24
1998 34.7 23.7
1997 34.3 23.5
1996 34 23.2
1995 33.6 22.9
1994 33.3 22.7
1993 33 22.4
1992 32.7 22.1
1991 32.4 21.8
1990 32.1 21.5
1989 31.8 21.3
1988 31.6 21
1987 31.3 20.7
1986 31.1 20.4
1985 30.8 20.2
1984 30.5 19.9
1983 30.2 19.7
1982 29.9 19.5
1981 29.6 19.2
1980 29.4 19
1979 29.1 18.8
1978 28.9 18.6
1977 28.6 18.4
1976 28.4 18.3
1975 28.1 18.1
1974 28 18
1973 27.8 17.8
1972 27.7 17.7
1971 27.7 17.7
1970 27.7 17.6
1969 27.8 17.6
1968 27.9 17.5
1967 28 17.5
1966 28.1 17.5
1965 28.3 17.5
1964 28.6 17.6
1963 28.8 17.6
1962 29.1 17.7
1961 29.3 17.8
1960 29.5 17.8

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/australia/panama | CC BY

Interactive Maps

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National statistics comparison

Finance

Australia Panama
GNI, Atlas method
$1.7T
2024
$81.3B
2024
Government expenditure, % of GDP
38.9%
2024
23.1%
2024
Education expenditure, % of GDP
5.06%
2022
2.47%
2023
Military expenditure, % of GDP
1.88%
2024
0.97%
1999
Armed forces personnel
60,000
2020
28,000
2020
Deficit/surplus, % of GDP
-2.25%
2024
-7.42%
2024
Unemployment rate
3.94%
2024
8.61%
2024
Services, % of GDP
66.1%
2024
69.3%
2024
Industry, % of GDP
25.5%
2024
25.5%
2024
Economic freedom index
80.1
2026
64.9
2026
Income share by richest 10%
25.5%
2020
37.6%
2024
Income share by poorest 10%
2.7%
2020
1.2%
2024
Number of millionaires
1,904,000
2025
n/a
Percentage of millionaires
9.2%
2025
n/a
Number of billionaires
47
2025
0
2025
Percentage of billionaires
0.0002%
2025
0%
2025
Listed domestic companies
1,853
2024
36
2024
Market capitalization of domestic companies
$1.74T
2024
$18.3B
2024
Total reserves including gold
$60.4B
2024
$6.86B
2024
Personal remittances received
$1.77B
2024
$532M
2024
International tourist arrivals
1,828,000
2020
647,000
2020
International tourism as share of exports
8.71%
2020
9.3%
2020
Banked people share
98%
2024
64.1%
2024

Energy

Australia Panama
Energy use, kg of oil equivalent per capita
4,928 kg
2023
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$14.7
2023
$34.2
2022
Carbon dioxide (CO2) emissions
383 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
14.1 tons
2024
2.74 tons
2024
Fossil fuel energy use share
90.2%
2023
76.5%
2022
Renewable energy use share
12.3%
2021
28%
2021
Alternative and nuclear energy use share
6.26%
2023
17.3%
2022
Net energy imports use share
-214.5%
2023
171.2%
2022
Electric power consumption per capita
9,820 kWh
2023
2,546 kWh
2022
Renewable electricity output share
26.7%
2021
79.3%
2021
Hydroelectric share
6.07%
2023
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
97%
2023

Society

Australia Panama
% of world population
0.33%
2024
0.06%
2024
Annual migration change
+137,109
2025
+6,151
2025
Urban population
87.6%
2024
66%
2024
Male:Female ratio
49.6:50.4
2024
50:50
2024
Average male height
5.87 ft
2025
5.58 ft
2025
Average female height
5.4 ft
2025
5.19 ft
2025
Quality of life index
95.9
2026
60.2
2026
Corruption Perceptions Index
76
2025
33
2025
Higher education index
98
2026
40
2026
Homicides per 100K people
0.85
2023
11.3
2022
Road traffic mortality per 100K people
4.9
2019
13.9
2019
Visa free countries
169
2025
138
2025
Adult literacy rate
99%
2003
96.3%
2024
English speaking
92.8%
2023
14%
2023
People using the Internet
97.1%
2023
68.5%
2023

Health

Australia Panama
Government health expenditure per capita
$6,980
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$1,106
2023
$630
2023
Life expectancy
84.3 years
2026
80.1 years
2026
Foreign aid share of health expenditure
0%
2023
0.76%
2023
Physicians per 1,000 people
4.09
2022
1.63
2022
Age at first childbirth
28.7 years
2025
n/a
Maternal mortality per 100K births
2
2023
37
2023
Mortality rate before reaching 5 years of age
3.7
2023
13.3
2023
Obesity rate
31%
2022
37.1%
2022
Diabetes prevalence
7.4%
2024
11.1%
2024
Air quality index
94
2026
79
2026
Tobacco use prevalence
13.1%
2022
5.2%
2022
Pure alcohol consumption per capita
10.3 liters
2020
4.66 liters
2020

Territory

Australia Panama
% of world land
5.16%
2026
0.05%
2026
Land area per capita
109,201 sq mi
2024
6,343 sq mi
2024
Agricultural land area
1,402,492 sq mi
2026
8,456 sq mi
2026
Forest area
517,397 sq mi
2026
16,138 sq mi
2026
Roads length
607,623 mi
2017
n/a

In-depth comparisons

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Data sources:

  1. World Bank | Health (1960–2025, retrieved 2026-04-06)
  2. United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10)
  3. U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (2000–2025, retrieved 2026-02-20)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. World Obesity Federation (2022, retrieved 2026-02-08)
  8. Passport Index (2025, retrieved 2026-02-08)
  9. Transparency International (2025, retrieved 2026-02-10)
  10. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  11. EduRank (2026, retrieved 2025-10-13)

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