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Belize vs Panama statistics compared

Updated on by Georank team

Belize has a population of 417K (ranked 171/197), compared with 4.52M in Panama (ranked 128/197). Belize's land area is 8,807 sq mi versus 28,641 sq mi for Panama (ranked 148th vs. 115th).

By GDP, Belize ranks 168/197 ($3.2B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Belize ranks 98/197 ($7,681), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Belize Panama
Population
430409
4642198
Population rank 171/197 128/197
GDP
$3.2B
2024
$86.5B
2024
GDP rank 168/197 78/197
GDP per capita
$7,681
2024
$19,161
2024
GDP per capita rank 98/197 60/197
GDP per capita, PPP
$14,347
2024
$41,369
2024
Government debt
$2.1B
2024
$49.6B
2024
Debt-to-GDP ratio
65.4%
2024
57.4%
2024
Government debt per person
$5,026
2024
$10,995
2024
Government debt per person rank 78/185 51/185
Average annual personal income after taxes
$9,204
2026
$10,196
2026
Land area 8,807 sq mi 28,641 sq mi
Population density
48.7 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
2.01
2023
2.12
2023
Median age
27.4 years
2024
30.9 years
2024
Life expectancy
74.1 years
2026
80.1 years
2026

Belize and Panama: Comparison Charts

Belize and Panama economies compared

GDP
Belize

Panama
1x
Year GDP
Belize Panama
2024 $3,203,631,800 $86,523,959,132
2023 $3,052,362,650 $83,812,155,244
2022 $2,846,604,350 $76,479,304,471
2021 $2,428,606,250 $67,396,392,506
2020 $2,047,284,600 $57,059,846,522
2019 $2,381,187,850 $69,778,991,193
2018 $2,285,915,050 $67,316,471,181
2017 $2,266,028,250 $64,327,688,826
2016 $2,239,604,950 $59,760,858,718
2015 $2,193,095,150 $55,767,806,073
2014 $2,138,242,200 $51,427,104,882
2013 $2,035,191,450 $46,949,496,479
2012 $1,917,083,500 $41,595,439,721
2011 $1,831,576,700 $35,687,738,252
2010 $1,748,988,400 $30,231,009,533
2009 $1,688,012,750 $27,791,215,547
2008 $1,738,453,600 $25,721,327,955
2007 $1,706,190,450 $21,717,433,808
2006 $1,590,463,100 $18,659,721,513
2005 $1,474,298,400 $16,623,906,739
2004 $1,400,202,000 $15,100,203,362
2003 $1,308,280,250 $13,603,456,003
2002 $1,243,912,050 $12,800,851,271
2001 $1,172,045,150 $12,252,906,341
2000 $1,138,138,100 $11,966,497,049
1999 $999,713,050 $11,660,704,777
1998 $929,047,000 $11,019,557,689
1997 $872,916,050 $10,058,854,386
1996 $850,339,100 $9,197,503,323
1995 $818,590,250 $9,573,813,700
1994 $771,838,000 $9,365,289,800
1993 $752,255,150 $8,782,585,400
1992 $695,741,150 $8,042,337,700
1991 $596,682,100 $7,074,675,500
1990 $546,750,912 $6,433,967,000
1989 $491,100,000 $5,918,469,800
1988 $421,450,000 $5,902,783,400
1987 $371,100,000 $6,827,665,300
1986 $311,500,000 $6,797,834,200
1985 $287,300,000 $6,541,517,100
1984 $290,350,000 $6,183,387,100
1983 $262,150,000 $5,923,755,900
1982 $248,550,000 $5,769,767,900
1981 $260,750,000 $5,222,421,500
1980 $257,400,000 $4,614,086,400
1979 $151,800,000 $3,704,551,600
1978 $136,300,000 $3,244,558,600
1977 $117,650,000 $2,738,261,900
1976 $97,094,227 $2,588,106,000
1975 $118,194,026 $2,435,304,100
1974 $103,160,450 $2,188,307,600
1973 $78,214,768 $1,913,793,400
1972 $65,998,069 $1,673,411,700
1971 $59,074,687 $1,523,917,200
1970 $53,339,893 $1,351,006,400
1969 $47,399,905 $1,221,305,700
1968 $44,999,910 $1,112,791,100
1967 $47,431,256 $1,034,376,400
1966 $44,450,044 $928,833,000
1965 $40,110,040 $852,485,300
1964 $36,194,586 $776,137,500
1963 $33,750,114 $722,784,500
1962 $31,857,592 $652,120,900
1961 $29,965,000 $599,026,300
1960 $28,072,478 $537,147,100

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

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

Belize and Panama economies compared

GDP per capita
Belize

Panama
1x
Year GDP per capita
Belize Panama
2024 $7,681 $19,161
2023 $7,425 $18,797
2022 $7,068 $17,379
2021 $6,143 $15,510
2020 $5,239 $13,291
2019 $6,172 $16,478
2018 $6,012 $16,151
2017 $6,072 $15,695
2016 $6,141 $14,832
2015 $6,155 $14,083
2014 $6,128 $13,213
2013 $5,957 $12,273
2012 $5,733 $11,065
2011 $5,596 $9,662
2010 $5,461 $8,331
2009 $5,400 $7,797
2008 $5,712 $7,348
2007 $5,762 $6,318
2006 $5,525 $5,529
2005 $5,270 $5,018
2004 $5,154 $4,645
2003 $4,960 $4,265
2002 $4,859 $4,091
2001 $4,719 $3,992
2000 $4,727 $3,975
1999 $4,290 $3,950
1998 $4,126 $3,808
1997 $4,014 $3,546
1996 $4,043 $3,308
1995 $4,010 $3,514
1994 $3,877 $3,508
1993 $3,860 $3,358
1992 $3,643 $3,140
1991 $3,190 $2,821
1990 $2,986 $2,620
1989 $2,742 $2,462
1988 $2,406 $2,509
1987 $2,166 $2,966
1986 $1,859 $3,019
1985 $1,754 $2,972
1984 $1,814 $2,875
1983 $1,677 $2,819
1982 $1,629 $2,811
1981 $1,753 $2,605
1980 $1,774 $2,357
1979 $1,071 $1,938
1978 $983 $1,738
1977 $866 $1,503
1976 $729 $1,457
1975 $906 $1,406
1974 $805 $1,296
1973 $619 $1,164
1972 $529 $1,046
1971 $481 $979
1970 $442 $893
1969 $402 $830
1968 $392 $778
1967 $426 $745
1966 $412 $689
1965 $383 $651
1964 $356 $611
1963 $342 $587
1962 $332 $546
1961 $320 $516
1960 $307 $477

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

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

Belize vs. Panama life expectancy calculator

Life expectancy
Belize

Panama
1x
Year Life expectancy, years
Belize Panama
2026 74.1 80.1
2025 73.9 80
2024 73.7 79.8
2023 73.6 79.6
2022 72.2 79.3
2021 70.9 77
2020 71.6 76.3
2019 72.6 78.5
2018 72.3 78.3
2017 72.1 77.9
2016 71.8 77.8
2015 71.6 77.6
2014 71.4 77.4
2013 71.3 77.1
2012 71.1 76.9
2011 71 76.7
2010 70.9 76.4
2009 70.8 76.2
2008 70.7 75.9
2007 70.7 75.7
2006 70.5 75.4
2005 70.3 75.2
2004 70.2 74.8
2003 69.8 74.6
2002 69.5 74.2
2001 68.9 73.8
2000 68.9 73.4
1999 69 73.1
1998 68.9 72.8
1997 69.2 72.5
1996 69.4 72.2
1995 69.5 72
1994 69.6 71.9
1993 69.6 71.8
1992 69.6 71.5
1991 69.6 71.3
1990 69.6 71.3
1989 69.5 70.1
1988 69.4 70.9
1987 69.1 70.8
1986 68.7 70.7
1985 68.3 70.5
1984 68 70.4
1983 67.6 70.1
1982 67.3 69.9
1981 67.1 69.8
1980 66.9 69.5
1979 66.7 69.1
1978 66.3 68.7
1977 66.1 68.3
1976 65.8 67.8
1975 65.4 67.2
1974 64.9 66.6
1973 64.5 65.8
1972 64 65.2
1971 63.5 64.7
1970 63 64.1
1969 62.5 63.7
1968 62 63.2
1967 61.4 62.9
1966 60.9 62.6
1965 60.4 62.3
1964 59.8 62.1
1963 59.3 61.8
1962 58.7 61.4
1961 52.9 60.9
1960 57.4 60.3
1959 56.6 59.6
1958 55.7 58.9
1957 54.8 58.3
1956 53.9 57.9
1955 52.7 57.5
1954 52.2 57.2
1953 51.4 56.8
1952 50.7 56.4
1951 49.9 55.9
1950 49.2 55.4

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

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

Belize and Panama population clocks and comparison

Population
Belize

Panama
1x
Year Population
Belize Panama
2024 417,072 4,515,577
2023 411,106 4,458,759
2022 402,733 4,400,773
2021 395,346 4,345,405
2020 390,812 4,293,261
2019 385,829 4,234,700
2018 380,226 4,167,860
2017 373,202 4,098,707
2016 364,705 4,029,086
2015 356,333 3,960,035
2014 348,923 3,892,101
2013 341,627 3,825,329
2012 334,414 3,759,256
2011 327,298 3,693,505
2010 320,245 3,628,535
2009 312,614 3,564,381
2008 304,361 3,500,648
2007 296,100 3,437,490
2006 287,878 3,375,024
2005 279,731 3,313,026
2004 271,688 3,251,155
2003 263,780 3,189,807
2002 256,009 3,129,344
2001 248,379 3,069,537
2000 240,799 3,010,369
1999 233,059 2,951,822
1998 225,173 2,893,914
1997 217,446 2,836,695
1996 210,310 2,780,227
1995 204,146 2,724,557
1994 199,097 2,669,546
1993 194,902 2,615,099
1992 190,983 2,561,336
1991 187,040 2,508,265
1990 183,076 2,455,583
1989 179,107 2,403,820
1988 175,180 2,352,848
1987 171,338 2,301,970
1986 167,554 2,251,325
1985 163,796 2,200,915
1984 160,044 2,150,782
1983 156,297 2,101,106
1982 152,548 2,052,271
1981 148,786 2,004,418
1980 145,062 1,957,534
1979 141,678 1,911,552
1978 138,713 1,866,311
1977 135,887 1,821,543
1976 133,099 1,776,935
1975 130,387 1,732,389
1974 128,185 1,687,926
1973 126,445 1,643,690
1972 124,676 1,599,723
1971 122,805 1,556,081
1970 120,736 1,513,070
1969 118,040 1,470,886
1968 114,713 1,429,447
1967 111,272 1,388,628
1966 107,906 1,348,388
1965 104,675 1,308,835
1964 101,603 1,270,065
1963 98,704 1,232,124
1962 96,042 1,195,301
1961 93,632 1,159,870
1960 91,318 1,126,005

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

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

Fertility rates in Belize and Panama

Fertility rate
Belize

Panama
1x
Year Fertility rate
Belize Panama
2023 2.01 2.12
2022 1.95 2.14
2021 1.84 2.15
2020 2.04 2.18
2019 2.14 2.29
2018 2.34 2.4
2017 2.37 2.46
2016 2.4 2.5
2015 2.43 2.53
2014 2.47 2.55
2013 2.5 2.57
2012 2.51 2.59
2011 2.53 2.6
2010 2.55 2.59
2009 2.66 2.59
2008 2.78 2.61
2007 2.89 2.61
2006 3.02 2.62
2005 3.17 2.64
2004 3.25 2.68
2003 3.34 2.68
2002 3.43 2.7
2001 3.53 2.72
2000 3.63 2.74
1999 3.73 2.77
1998 3.75 2.79
1997 3.74 2.81
1996 3.76 2.83
1995 3.88 2.85
1994 3.97 2.88
1993 4.21 2.91
1992 4.43 2.95
1991 4.6 3
1990 4.8 3.07
1989 4.86 3.12
1988 4.87 3.17
1987 4.88 3.25
1986 4.94 3.34
1985 5 3.43
1984 5.12 3.52
1983 5.31 3.6
1982 5.5 3.66
1981 5.68 3.72
1980 5.85 3.8
1979 5.99 3.88
1978 6.11 3.98
1977 6.2 4.12
1976 6.25 4.26
1975 6.28 4.41
1974 6.29 4.58
1973 6.29 4.74
1972 6.28 4.91
1971 6.29 5.05
1970 6.3 5.18
1969 6.32 5.29
1968 6.34 5.41
1967 6.36 5.53
1966 6.38 5.65
1965 6.4 5.73
1964 6.42 5.81
1963 6.44 5.87
1962 6.46 5.87
1961 6.48 5.87
1960 6.5 5.83

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

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

Belize and Panama demographics compared

Median age
Belize

Panama
1x
Year Median age, years
Belize Panama
2024 27.4 30.9
2023 27 30.6
2022 26.5 30.3
2021 26.1 30
2020 25.7 29.7
2019 25.3 29.4
2018 24.9 29.1
2017 24.5 28.8
2016 24.2 28.5
2015 23.8 28.3
2014 23.4 28
2013 23.1 27.8
2012 22.7 27.5
2011 22.3 27.2
2010 21.9 27
2009 21.6 26.7
2008 21.4 26.4
2007 21.1 26.1
2006 20.9 25.9
2005 20.7 25.6
2004 20.4 25.3
2003 20.2 25.1
2002 20 24.8
2001 19.8 24.5
2000 19.6 24.3
1999 19.4 24
1998 19.1 23.7
1997 18.8 23.5
1996 18.5 23.2
1995 18.2 22.9
1994 18 22.7
1993 17.9 22.4
1992 17.8 22.1
1991 17.7 21.8
1990 17.6 21.5
1989 17.6 21.3
1988 17.6 21
1987 17.5 20.7
1986 17.5 20.4
1985 17.5 20.2
1984 17.5 19.9
1983 17.4 19.7
1982 17.4 19.5
1981 17.3 19.2
1980 17.2 19
1979 17.1 18.8
1978 16.9 18.6
1977 16.8 18.4
1976 16.6 18.3
1975 16.4 18.1
1974 16.2 18
1973 16 17.8
1972 15.8 17.7
1971 15.6 17.7
1970 15.4 17.6
1969 15.3 17.6
1968 15.4 17.5
1967 15.6 17.5
1966 15.9 17.5
1965 16.2 17.5
1964 16.6 17.6
1963 17 17.6
1962 17.3 17.7
1961 17.6 17.8
1960 17.9 17.8

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

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

Interactive Maps

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National statistics comparison

Finance

Belize Panama
GNI, Atlas method
$2.98B
2024
$81.3B
2024
Government expenditure, % of GDP
26.3%
2024
23.1%
2024
Education expenditure, % of GDP
4.62%
2024
2.47%
2023
Military expenditure, % of GDP
0.9%
2024
0.97%
1999
Armed forces personnel
2,000
2020
28,000
2020
Deficit/surplus, % of GDP
-1.23%
2024
-7.42%
2024
Unemployment rate
29.3%
2020
8.61%
2024
Services, % of GDP
62.4%
2024
69.3%
2024
Industry, % of GDP
14.6%
2024
25.5%
2024
Economic freedom index
64.7
2026
64.9
2026
Income share by richest 10%
30%
2018
37.6%
2024
Income share by poorest 10%
2.2%
2018
1.2%
2024
Number of billionaires
1
2025
0
2025
Percentage of billionaires
0.0004%
2025
0%
2025
Listed domestic companies n/a
36
2024
Market capitalization of domestic companies n/a
$18.3B
2024
Total reserves including gold
$498M
2024
$6.86B
2024
Personal remittances received
$154M
2024
$532M
2024
International tourist arrivals
487,000
2020
647,000
2020
International tourism as share of exports
30.9%
1998
9.3%
2020
Banked people share
68%
2024
64.1%
2024

Energy

Belize Panama
Energy use, kg of oil equivalent per capita
601 kg
2007
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$17
2007
$34.2
2022
Carbon dioxide (CO2) emissions
0.39 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
0.93 tons
2024
2.74 tons
2024
Fossil fuel energy use share
0%
2007
76.5%
2022
Renewable energy use share
30.8%
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
92.9%
2021
79.3%
2021
Hydroelectric share
33.4%
2021
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
99.6%
2023
97%
2023

Society

Belize Panama
% of world population
0.005%
2024
0.06%
2024
Annual migration change
+360
2025
+6,151
2025
Urban population
41.8%
2024
66%
2024
Male:Female ratio
50.5:49.5
2024
50:50
2024
Average male height
5.59 ft
2025
5.58 ft
2025
Average female height
5.19 ft
2025
5.19 ft
2025
Quality of life index
47.7
2026
60.2
2026
Corruption Perceptions Index
58
2025
33
2025
Higher education index
16
2026
40
2026
Homicides per 100K people
27.9
2022
11.3
2022
Road traffic mortality per 100K people
22.6
2019
13.9
2019
Visa free countries
102
2025
138
2025
Adult literacy rate
87.9%
2022
96.3%
2024
English speaking
81.7%
2023
14%
2023
People using the Internet
72.4%
2023
68.5%
2023

Health

Belize Panama
Government health expenditure per capita
$309
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$82.9
2023
$630
2023
Life expectancy
74.1 years
2026
80.1 years
2026
Foreign aid share of health expenditure
1.6%
2023
0.76%
2023
Physicians per 1,000 people
1.09
2018
1.63
2022
Maternal mortality per 100K births
67
2023
37
2023
Mortality rate before reaching 5 years of age
12.7
2023
13.3
2023
Obesity rate
43.3%
2022
37.1%
2022
Diabetes prevalence
14.1%
2024
11.1%
2024
Air quality index
54
2026
79
2026
Tobacco use prevalence
8.8%
2022
5.2%
2022
Pure alcohol consumption per capita
3.67 liters
2020
4.66 liters
2020

Territory

Belize Panama
% of world land
0.02%
2026
0.05%
2026
Land area per capita
21,116 sq mi
2024
6,343 sq mi
2024
Agricultural land area
703 sq mi
2026
8,456 sq mi
2026
Forest area
4,801 sq mi
2026
16,138 sq mi
2026
Roads length
2,039 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) (2000–2019, 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. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  10. EduRank (2026, retrieved 2025-10-13)
  11. Transparency International (2025, retrieved 2026-02-10)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.