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Bahamas vs Panama statistics compared

Updated on by Georank team

The Bahamas has a population of 401K (ranked 172/197), compared with 4.52M in Panama (ranked 128/197). The Bahamas' land area is 3,865 sq mi versus 28,641 sq mi for Panama (ranked 162nd vs. 115th).

By GDP, The Bahamas ranks 140/197 ($15.8B) and Panama ranks 78/197 ($86.5B). By GDP per capita, The Bahamas ranks 30/197 ($39,455), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Bahamas Panama
Population
405203
4642198
Population rank 172/197 128/197
GDP
$15.8B
2024
$86.5B
2024
GDP rank 140/197 78/197
GDP per capita
$39,455
2024
$19,161
2024
GDP per capita rank 30/197 60/197
GDP per capita, PPP
$41,198
2024
$41,369
2024
Government debt
$11.5B
2024
$49.6B
2024
Debt-to-GDP ratio
72.5%
2024
57.4%
2024
Government debt per person
$28,616
2024
$10,995
2024
Government debt per person rank 25/185 51/185
Average annual personal income after taxes
$29,535
2026
$10,196
2026
Land area 3,865 sq mi 28,641 sq mi
Population density
104.7 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
1.37
2023
2.12
2023
Median age
36 years
2024
30.9 years
2024
Life expectancy
75 years
2026
80.1 years
2026

Bahamas and Panama: Comparison Charts

Bahamas and Panama economies compared

GDP
Bahamas

Panama
1x
Year GDP
Bahamas Panama
2024 $15,832,800,000 $86,523,959,132
2023 $15,271,300,000 $83,812,155,244
2022 $13,896,800,000 $76,479,304,471
2021 $12,037,000,000 $67,396,392,506
2020 $10,363,200,000 $57,059,846,522
2019 $13,277,000,000 $69,778,991,193
2018 $12,819,200,000 $67,316,471,181
2017 $12,446,900,000 $64,327,688,826
2016 $11,880,900,000 $59,760,858,718
2015 $11,837,600,000 $55,767,806,073
2014 $11,139,100,000 $51,427,104,882
2013 $10,475,300,000 $46,949,496,479
2012 $10,720,400,000 $41,595,439,721
2011 $10,070,450,000 $35,687,738,252
2010 $10,095,760,000 $30,231,009,533
2009 $9,981,960,000 $27,791,215,547
2008 $10,526,000,000 $25,721,327,955
2007 $10,618,340,000 $21,717,433,808
2006 $10,167,250,000 $18,659,721,513
2005 $9,836,200,000 $16,623,906,739
2004 $9,055,290,000 $15,100,203,362
2003 $8,870,090,000 $13,603,456,003
2002 $8,881,160,000 $12,800,851,271
2001 $8,317,830,000 $12,252,906,341
2000 $8,076,470,000 $11,966,497,049
1999 $7,683,870,000 $11,660,704,777
1998 $6,833,220,000 $11,019,557,689
1997 $6,332,360,000 $10,058,854,386
1996 $3,609,000,000 $9,197,503,323
1995 $3,429,000,000 $9,573,813,700
1994 $3,259,000,000 $9,365,289,800
1993 $3,092,000,000 $8,782,585,400
1992 $3,109,000,000 $8,042,337,700
1991 $3,111,160,000 $7,074,675,500
1990 $3,166,000,000 $6,433,967,000
1989 $3,062,000,000 $5,918,469,800
1988 $2,817,900,000 $5,902,783,400
1987 $2,713,999,900 $6,827,665,300
1986 $2,472,500,000 $6,797,834,200
1985 $2,320,699,900 $6,541,517,100
1984 $2,041,100,000 $6,183,387,100
1983 $1,732,800,000 $5,923,755,900
1982 $1,578,300,000 $5,769,767,900
1981 $1,426,500,000 $5,222,421,500
1980 $1,335,300,000 $4,614,086,400
1979 $1,139,800,100 $3,704,551,600
1978 $832,400,000 $3,244,558,600
1977 $713,000,000 $2,738,261,900
1976 $642,100,000 $2,588,106,000
1975 $596,200,000 $2,435,304,100
1974 $632,400,000 $2,188,307,600
1973 $670,900,000 $1,913,793,400
1972 $590,900,000 $1,673,411,700
1971 $573,400,000 $1,523,917,200
1970 $539,500,000 $1,351,006,400
1969 $538,700,000 $1,221,305,700
1968 $453,800,000 $1,112,791,100
1967 $398,000,000 $1,034,376,400
1966 $346,800,000 $928,833,000
1965 $300,272,048 $852,485,300
1964 $266,560,043 $776,137,500
1963 $237,650,038 $722,784,500
1962 $212,170,034 $652,120,900
1961 $190,022,030 $599,026,300
1960 $169,736,027 $537,147,100

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

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

Bahamas and Panama economies compared

GDP per capita
Bahamas

Panama
1x
Year GDP per capita
Bahamas Panama
2024 $39,455 $19,161
2023 $38,232 $18,797
2022 $34,957 $17,379
2021 $30,368 $15,510
2020 $26,179 $13,291
2019 $33,640 $16,478
2018 $32,642 $16,151
2017 $31,875 $15,695
2016 $30,617 $14,832
2015 $30,719 $14,083
2014 $29,137 $13,213
2013 $27,643 $12,273
2012 $28,552 $11,065
2011 $27,091 $9,662
2010 $27,473 $8,331
2009 $27,513 $7,797
2008 $29,392 $7,348
2007 $30,052 $6,318
2006 $29,185 $5,529
2005 $28,602 $5,018
2004 $26,650 $4,645
2003 $26,429 $4,265
2002 $26,782 $4,091
2001 $25,372 $3,992
2000 $24,940 $3,975
1999 $24,041 $3,950
1998 $21,667 $3,808
1997 $20,368 $3,546
1996 $11,784 $3,308
1995 $11,375 $3,514
1994 $10,991 $3,508
1993 $10,613 $3,358
1992 $10,873 $3,140
1991 $11,082 $2,821
1990 $11,473 $2,620
1989 $11,291 $2,462
1988 $10,576 $2,509
1987 $10,361 $2,966
1986 $9,601 $3,019
1985 $9,167 $2,972
1984 $8,202 $2,875
1983 $7,081 $2,819
1982 $6,559 $2,811
1981 $6,029 $2,605
1980 $5,743 $2,357
1979 $4,994 $1,938
1978 $3,720 $1,738
1977 $3,253 $1,503
1976 $2,993 $1,457
1975 $2,841 $1,406
1974 $3,080 $1,296
1973 $3,341 $1,164
1972 $3,014 $1,046
1971 $3,004 $979
1970 $2,916 $893
1969 $3,027 $830
1968 $2,668 $778
1967 $2,453 $745
1966 $2,239 $689
1965 $2,030 $651
1964 $1,883 $611
1963 $1,759 $587
1962 $1,651 $546
1961 $1,555 $516
1960 $1,459 $477

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

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

Bahamas vs. Panama life expectancy calculator

Life expectancy
Bahamas

Panama
1x
Year Life expectancy, years
Bahamas Panama
2026 75 80.1
2025 74.9 80
2024 74.7 79.8
2023 74.6 79.6
2022 74.5 79.3
2021 70.8 77
2020 73 76.3
2019 71.4 78.5
2018 74.1 78.3
2017 74 77.9
2016 74 77.8
2015 73.8 77.6
2014 74 77.4
2013 73.9 77.1
2012 73.7 76.9
2011 73.6 76.7
2010 73.4 76.4
2009 73.5 76.2
2008 73.4 75.9
2007 73.5 75.7
2006 73.5 75.4
2005 73.4 75.2
2004 73.2 74.8
2003 73.2 74.6
2002 73 74.2
2001 72.8 73.8
2000 72.5 73.4
1999 72.1 73.1
1998 71.8 72.8
1997 71.6 72.5
1996 71.5 72.2
1995 71.4 72
1994 71.4 71.9
1993 71.4 71.8
1992 71.3 71.5
1991 71.2 71.3
1990 70.9 71.3
1989 70.7 70.1
1988 70.5 70.9
1987 70.4 70.8
1986 70.3 70.7
1985 70.3 70.5
1984 70.2 70.4
1983 70 70.1
1982 69.7 69.9
1981 69.4 69.8
1980 69.1 69.5
1979 69 69.1
1978 68.9 68.7
1977 68.8 68.3
1976 68.5 67.8
1975 68.1 67.2
1974 67.6 66.6
1973 67.1 65.8
1972 66.8 65.2
1971 66.5 64.7
1970 66.2 64.1
1969 65.8 63.7
1968 65.4 63.2
1967 65 62.9
1966 64.6 62.6
1965 64.3 62.3
1964 63.9 62.1
1963 63.5 61.8
1962 63.2 61.4
1961 62.8 60.9
1960 62.5 60.3
1959 62.1 59.6
1958 61.7 58.9
1957 61.4 58.3
1956 61 57.9
1955 60.7 57.5
1954 60.3 57.2
1953 60 56.8
1952 59.6 56.4
1951 59.2 55.9
1950 58.9 55.4

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

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

Bahamas and Panama population clocks and comparison

Population
Bahamas

Panama
1x
Year Population
Bahamas Panama
2024 401,283 4,515,577
2023 399,440 4,458,759
2022 397,538 4,400,773
2021 396,373 4,345,405
2020 395,863 4,293,261
2019 394,675 4,234,700
2018 392,717 4,167,860
2017 390,485 4,098,707
2016 388,055 4,029,086
2015 385,346 3,960,035
2014 382,298 3,892,101
2013 378,953 3,825,329
2012 375,469 3,759,256
2011 371,729 3,693,505
2010 367,478 3,628,535
2009 362,810 3,564,381
2008 358,120 3,500,648
2007 353,334 3,437,490
2006 348,375 3,375,024
2005 343,894 3,313,026
2004 339,782 3,251,155
2003 335,618 3,189,807
2002 331,614 3,129,344
2001 327,836 3,069,537
2000 323,835 3,010,369
1999 319,614 2,951,822
1998 315,368 2,893,914
1997 310,904 2,836,695
1996 306,268 2,780,227
1995 301,461 2,724,557
1994 296,509 2,669,546
1993 291,339 2,615,099
1992 285,927 2,561,336
1991 280,731 2,508,265
1990 275,945 2,455,583
1989 271,178 2,403,820
1988 266,448 2,352,848
1987 261,935 2,301,970
1986 257,536 2,251,325
1985 253,154 2,200,915
1984 248,863 2,150,782
1983 244,698 2,101,106
1982 240,614 2,052,271
1981 236,614 2,004,418
1980 232,526 1,957,534
1979 228,230 1,911,552
1978 223,761 1,866,311
1977 219,157 1,821,543
1976 214,501 1,776,935
1975 209,886 1,732,389
1974 205,342 1,687,926
1973 200,791 1,643,690
1972 196,055 1,599,723
1971 190,857 1,556,081
1970 184,982 1,513,070
1969 177,981 1,470,886
1968 170,089 1,429,447
1967 162,267 1,388,628
1966 154,874 1,348,388
1965 147,952 1,308,835
1964 141,528 1,270,065
1963 135,087 1,232,124
1962 128,493 1,195,301
1961 122,197 1,159,870
1960 116,317 1,126,005

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

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

Fertility rates in Bahamas and Panama

Fertility rate
Bahamas

Panama
1x
Year Fertility rate
Bahamas Panama
2023 1.37 2.12
2022 1.38 2.14
2021 1.38 2.15
2020 1.39 2.18
2019 1.4 2.29
2018 1.4 2.4
2017 1.42 2.46
2016 1.5 2.5
2015 1.57 2.53
2014 1.69 2.55
2013 1.74 2.57
2012 1.76 2.59
2011 1.79 2.6
2010 1.84 2.59
2009 2.01 2.59
2008 2 2.61
2007 2.04 2.61
2006 2.02 2.62
2005 2.01 2.64
2004 1.98 2.68
2003 1.97 2.68
2002 1.98 2.7
2001 2.02 2.72
2000 2.06 2.74
1999 2.13 2.77
1998 2.23 2.79
1997 2.29 2.81
1996 2.35 2.83
1995 2.42 2.85
1994 2.47 2.88
1993 2.61 2.91
1992 2.71 2.95
1991 2.51 3
1990 2.52 3.07
1989 2.52 3.12
1988 2.52 3.17
1987 2.52 3.25
1986 2.53 3.34
1985 2.55 3.43
1984 2.59 3.52
1983 2.65 3.6
1982 2.71 3.66
1981 2.77 3.72
1980 2.84 3.8
1979 2.94 3.88
1978 3.05 3.98
1977 3.17 4.12
1976 3.3 4.26
1975 3.42 4.41
1974 3.57 4.58
1973 3.73 4.74
1972 3.89 4.91
1971 4.06 5.05
1970 4.21 5.18
1969 4.38 5.29
1968 4.56 5.41
1967 4.69 5.53
1966 4.79 5.65
1965 4.88 5.73
1964 4.97 5.81
1963 5.06 5.87
1962 5.13 5.87
1961 5.16 5.87
1960 5.09 5.83

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

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

Bahamas and Panama demographics compared

Median age
Bahamas

Panama
1x
Year Median age, years
Bahamas Panama
2024 36 30.9
2023 35.6 30.6
2022 35.2 30.3
2021 34.9 30
2020 34.6 29.7
2019 34.3 29.4
2018 33.9 29.1
2017 33.6 28.8
2016 33.3 28.5
2015 33 28.3
2014 32.6 28
2013 32.4 27.8
2012 32.1 27.5
2011 31.8 27.2
2010 31.5 27
2009 31.3 26.7
2008 31 26.4
2007 30.8 26.1
2006 30.6 25.9
2005 30.3 25.6
2004 30 25.3
2003 29.6 25.1
2002 29.3 24.8
2001 28.9 24.5
2000 28.5 24.3
1999 28.2 24
1998 27.9 23.7
1997 27.5 23.5
1996 27.2 23.2
1995 26.9 22.9
1994 26.6 22.7
1993 26.3 22.4
1992 26 22.1
1991 25.7 21.8
1990 25.4 21.5
1989 25 21.3
1988 24.7 21
1987 24.3 20.7
1986 24 20.4
1985 23.7 20.2
1984 23.4 19.9
1983 23 19.7
1982 22.7 19.5
1981 22.4 19.2
1980 22.1 19
1979 21.8 18.8
1978 21.6 18.6
1977 21.3 18.4
1976 21.1 18.3
1975 20.9 18.1
1974 20.8 18
1973 20.7 17.8
1972 20.7 17.7
1971 20.6 17.7
1970 20.6 17.6
1969 20.5 17.6
1968 20.3 17.5
1967 20.2 17.5
1966 20.1 17.5
1965 19.9 17.5
1964 19.8 17.6
1963 19.7 17.6
1962 19.6 17.7
1961 19.6 17.8
1960 19.5 17.8

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

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

Interactive Maps

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National statistics comparison

Finance

Bahamas Panama
GNI, Atlas method
$14.9B
2024
$81.3B
2024
Government expenditure, % of GDP
20.6%
2024
23.1%
2024
Education expenditure, % of GDP
2.74%
2023
2.47%
2023
Military expenditure, % of GDP n/a
0.97%
1999
Armed forces personnel
2,000
2020
28,000
2020
Deficit/surplus, % of GDP
-1.18%
2024
-7.42%
2024
Unemployment rate
8.65%
2023
8.61%
2024
Services, % of GDP
77.2%
2024
69.3%
2024
Industry, % of GDP
9.63%
2024
25.5%
2024
Economic freedom index
65.1
2026
64.9
2026
Income share by richest 10% n/a
37.6%
2024
Income share by poorest 10% n/a
1.2%
2024
Number of billionaires n/a
0
2025
Percentage of billionaires n/a
0%
2025
Listed domestic companies n/a
36
2024
Market capitalization of domestic companies n/a
$18.3B
2024
Total reserves including gold
$2.51B
2023
$6.86B
2024
Personal remittances received
$65.9M
2024
$532M
2024
International tourist arrivals
1,794,500
2020
647,000
2020
International tourism as share of exports
59.6%
2020
9.3%
2020
Banked people share n/a
64.1%
2024

Energy

Bahamas Panama
Energy use, kg of oil equivalent per capita
2,007 kg
2007
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$15.6
2007
$34.2
2022
Carbon dioxide (CO2) emissions
1.46 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
3.64 tons
2024
2.74 tons
2024
Fossil fuel energy use share
0%
2007
76.5%
2022
Renewable energy use share
1.1%
2022
28%
2021
Alternative and nuclear energy use share n/a
17.3%
2022
Net energy imports use share n/a
171.2%
2022
Electric power consumption per capita n/a
2,546 kWh
2022
Renewable electricity output share
0.48%
2021
79.3%
2021
Hydroelectric share
0%
2021
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
97%
2023

Society

Bahamas Panama
% of world population
0.005%
2024
0.06%
2024
Annual migration change
+935
2025
+6,151
2025
Urban population
81.3%
2024
66%
2024
Male:Female ratio
47.7:52.3
2024
50:50
2024
Average male height
5.72 ft
2025
5.58 ft
2025
Average female height
5.36 ft
2025
5.19 ft
2025
Quality of life index
61
2026
60.2
2026
Corruption Perceptions Index
64
2025
33
2025
Higher education index
24
2026
40
2026
Homicides per 100K people
31.2
2022
11.3
2022
Road traffic mortality per 100K people
7.7
2019
13.9
2019
Visa free countries
154
2025
138
2025
Adult literacy rate
95.6%
2003
96.3%
2024
English speaking
87.1%
2023
14%
2023
People using the Internet
94.8%
2023
68.5%
2023

Health

Bahamas Panama
Government health expenditure per capita
$2,262
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$622
2023
$630
2023
Life expectancy
75 years
2026
80.1 years
2026
Foreign aid share of health expenditure
0.51%
2023
0.76%
2023
Physicians per 1,000 people
1.9
2017
1.63
2022
Maternal mortality per 100K births
76
2023
37
2023
Mortality rate before reaching 5 years of age
12.7
2023
13.3
2023
Obesity rate
48.2%
2022
37.1%
2022
Diabetes prevalence
8.9%
2024
11.1%
2024
Air quality index
100
2026
79
2026
Tobacco use prevalence
11.3%
2022
5.2%
2022
Pure alcohol consumption per capita
3.65 liters
2020
4.66 liters
2020

Territory

Bahamas Panama
% of world land
0.007%
2026
0.05%
2026
Land area per capita
9,631 sq mi
2024
6,343 sq mi
2024
Agricultural land area
50.2 sq mi
2026
8,456 sq mi
2026
Forest area
1,969 sq mi
2026
16,138 sq mi
2026
Roads length
1,678 mi
2011
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) (2000–2019, 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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