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Cape Verde vs Panama statistics compared

Updated on by Georank team

Cape Verde has a population of 525K (ranked 169/197), compared with 4.52M in Panama (ranked 128/197). Cape Verde's land area is 1,556 sq mi versus 28,641 sq mi for Panama (ranked 167th vs. 115th).

By GDP, Cape Verde ranks 172/197 ($2.73B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Cape Verde ranks 118/197 ($5,192), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Cape Verde Panama
Population
530391
4642198
Population rank 169/197 128/197
GDP
$2.73B
2024
$86.5B
2024
GDP rank 172/197 78/197
GDP per capita
$5,192
2024
$19,161
2024
GDP per capita rank 118/197 60/197
GDP per capita, PPP
$11,195
2024
$41,369
2024
Government debt
$3.03B
2024
$49.6B
2024
Debt-to-GDP ratio
111.2%
2024
57.4%
2024
Government debt per person
$5,776
2024
$10,995
2024
Government debt per person rank 76/185 51/185
Average annual personal income after taxes
$2,576
2026
$10,196
2026
Land area 1,556 sq mi 28,641 sq mi
Population density
340 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
1.52
2023
2.12
2023
Median age
29.4 years
2024
30.9 years
2024
Life expectancy
76.6 years
2026
80.1 years
2026

Cape Verde and Panama: Comparison Charts

Cape Verde and Panama economies compared

GDP
Cape Verde

Panama
1x
Year GDP
Cape Verde Panama
2024 $2,725,414,151 $86,523,959,132
2023 $2,504,525,549 $83,812,155,244
2022 $2,247,003,344 $76,479,304,471
2021 $2,051,842,619 $67,396,392,506
2020 $1,821,565,614 $57,059,846,522
2019 $2,252,177,124 $69,778,991,193
2018 $2,205,099,507 $67,316,471,181
2017 $1,996,741,540 $64,327,688,826
2016 $1,849,789,986 $59,760,858,718
2015 $1,749,857,620 $55,767,806,073
2014 $2,041,930,125 $51,427,104,882
2013 $2,028,910,915 $46,949,496,479
2012 $1,913,081,210 $41,595,439,721
2011 $2,046,817,987 $35,687,738,252
2010 $1,824,751,468 $30,231,009,533
2009 $1,852,334,575 $27,791,215,547
2008 $1,959,620,648 $25,721,327,955
2007 $1,649,621,739 $21,717,433,808
2006 $1,107,571,458 $18,659,721,513
2005 $972,241,677 $16,623,906,739
2004 $924,940,012 $15,100,203,362
2003 $813,260,469 $13,603,456,003
2002 $620,507,387 $12,800,851,271
2001 $563,090,490 $12,252,906,341
2000 $539,227,278 $11,966,497,049
1999 $592,416,703 $11,660,704,777
1998 $521,910,561 $11,019,557,689
1997 $490,608,658 $10,058,854,386
1996 $501,979,270 $9,197,503,323
1995 $487,148,994 $9,573,813,700
1994 $406,580,652 $9,365,289,800
1993 $490,417,390 $8,782,585,400
1992 $357,160,985 $8,042,337,700
1991 $319,827,059 $7,074,675,500
1990 $306,890,963 $6,433,967,000
1989 $267,448,571 $5,918,469,800
1988 $264,308,140 $5,902,783,400
1987 $235,253,065 $6,827,665,300
1986 $190,651,168 $6,797,834,200
1985 $137,728,205 $6,541,517,100
1984 $132,019,039 $6,183,387,100
1983 $138,476,176 $5,923,755,900
1982 $140,630,679 $5,769,767,900
1981 $139,468,209 $5,222,421,500
1980 $142,246,815 $4,614,086,400
1979 - $3,704,551,600
1978 - $3,244,558,600
1977 - $2,738,261,900
1976 - $2,588,106,000
1975 - $2,435,304,100
1974 - $2,188,307,600
1973 - $1,913,793,400
1972 - $1,673,411,700
1971 - $1,523,917,200
1970 - $1,351,006,400
1969 - $1,221,305,700
1968 - $1,112,791,100
1967 - $1,034,376,400
1966 - $928,833,000
1965 - $852,485,300
1964 - $776,137,500
1963 - $722,784,500
1962 - $652,120,900
1961 - $599,026,300
1960 - $537,147,100

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

GeoRank.org/facts/cape-verde/panama | CC BY

Cape Verde and Panama economies compared

GDP per capita
Cape Verde

Panama
1x
Year GDP per capita
Cape Verde Panama
2024 $5,192 $19,161
2023 $4,795 $18,797
2022 $4,323 $17,379
2021 $3,971 $15,510
2020 $3,539 $13,291
2019 $4,381 $16,478
2018 $4,295 $16,151
2017 $3,893 $15,695
2016 $3,609 $14,832
2015 $3,415 $14,083
2014 $3,986 $13,213
2013 $3,961 $12,273
2012 $3,737 $11,065
2011 $4,002 $9,662
2010 $3,579 $8,331
2009 $3,660 $7,797
2008 $3,909 $7,348
2007 $3,325 $6,318
2006 $2,257 $5,529
2005 $2,004 $5,018
2004 $1,929 $4,645
2003 $1,718 $4,265
2002 $1,329 $4,091
2001 $1,223 $3,992
2000 $1,190 $3,975
1999 $1,327 $3,950
1998 $1,187 $3,808
1997 $1,134 $3,546
1996 $1,180 $3,308
1995 $1,165 $3,514
1994 $991 $3,508
1993 $1,220 $3,358
1992 $908 $3,140
1991 $832 $2,821
1990 $817 $2,620
1989 $727 $2,462
1988 $729 $2,509
1987 $658 $2,966
1986 $541 $3,019
1985 $396 $2,972
1984 $385 $2,875
1983 $410 $2,819
1982 $423 $2,811
1981 $425 $2,605
1980 $440 $2,357
1979 - $1,938
1978 - $1,738
1977 - $1,503
1976 - $1,457
1975 - $1,406
1974 - $1,296
1973 - $1,164
1972 - $1,046
1971 - $979
1970 - $893
1969 - $830
1968 - $778
1967 - $745
1966 - $689
1965 - $651
1964 - $611
1963 - $587
1962 - $546
1961 - $516
1960 - $477

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

GeoRank.org/facts/cape-verde/panama | CC BY

Cape Verde vs. Panama life expectancy calculator

Life expectancy
Cape Verde

Panama
1x
Year Life expectancy, years
Cape Verde Panama
2026 76.6 80.1
2025 76.4 80
2024 76.2 79.8
2023 76.1 79.6
2022 75.9 79.3
2021 74.4 77
2020 73.8 76.3
2019 75.4 78.5
2018 74.8 78.3
2017 74.7 77.9
2016 74.4 77.8
2015 74.1 77.6
2014 73.8 77.4
2013 73.5 77.1
2012 73.3 76.9
2011 72.9 76.7
2010 72.5 76.4
2009 72.1 76.2
2008 71.9 75.9
2007 71.5 75.7
2006 71.3 75.4
2005 70.9 75.2
2004 70.5 74.8
2003 70 74.6
2002 69.4 74.2
2001 68.7 73.8
2000 68.1 73.4
1999 67.4 73.1
1998 66.7 72.8
1997 66.1 72.5
1996 65.5 72.2
1995 63.7 72
1994 64.6 71.9
1993 64.5 71.8
1992 64.3 71.5
1991 64.1 71.3
1990 63.9 71.3
1989 63.6 70.1
1988 63.2 70.9
1987 62.9 70.8
1986 62.6 70.7
1985 62.3 70.5
1984 61.8 70.4
1983 61.8 70.1
1982 61.5 69.9
1981 61.3 69.8
1980 61 69.5
1979 60.7 69.1
1978 60.4 68.7
1977 60 68.3
1976 59.4 67.8
1975 59 67.2
1974 58.4 66.6
1973 58 65.8
1972 57.5 65.2
1971 57 64.7
1970 56.6 64.1
1969 56 63.7
1968 55.4 63.2
1967 54.7 62.9
1966 53.9 62.6
1965 53 62.3
1964 52.1 62.1
1963 51.1 61.8
1962 50.2 61.4
1961 49.4 60.9
1960 48.7 60.3
1959 48.2 59.6
1958 47.7 58.9
1957 47.4 58.3
1956 47.1 57.9
1955 46.9 57.5
1954 46.6 57.2
1953 46.4 56.8
1952 46.2 56.4
1951 45.6 55.9
1950 44.9 55.4

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

GeoRank.org/facts/cape-verde/panama | CC BY

Cape Verde and Panama population clocks and comparison

Population
Cape Verde

Panama
1x
Year Population
Cape Verde Panama
2024 524,877 4,515,577
2023 522,331 4,458,759
2022 519,741 4,400,773
2021 516,649 4,345,405
2020 514,679 4,293,261
2019 514,104 4,234,700
2018 513,415 4,167,860
2017 512,893 4,098,707
2016 512,554 4,029,086
2015 512,394 3,960,035
2014 512,326 3,892,101
2013 512,225 3,825,329
2012 511,955 3,759,256
2011 511,447 3,693,505
2010 509,784 3,628,535
2009 506,141 3,564,381
2008 501,355 3,500,648
2007 496,190 3,437,490
2006 490,728 3,375,024
2005 485,115 3,313,026
2004 479,370 3,251,155
2003 473,383 3,189,807
2002 467,046 3,129,344
2001 460,293 3,069,537
2000 453,317 3,010,369
1999 446,519 2,951,822
1998 439,784 2,893,914
1997 432,798 2,836,695
1996 425,581 2,780,227
1995 418,104 2,724,557
1994 410,228 2,669,546
1993 401,965 2,615,099
1992 393,415 2,561,336
1991 384,586 2,508,265
1990 375,428 2,455,583
1989 367,803 2,403,820
1988 362,329 2,352,848
1987 357,302 2,301,970
1986 352,312 2,251,325
1985 347,365 2,200,915
1984 342,505 2,150,782
1983 337,654 2,101,106
1982 332,724 2,052,271
1981 327,846 2,004,418
1980 323,301 1,957,534
1979 319,480 1,911,552
1978 316,147 1,866,311
1977 312,834 1,821,543
1976 309,455 1,776,935
1975 305,847 1,732,389
1974 302,570 1,687,926
1973 299,881 1,643,690
1972 297,386 1,599,723
1971 294,046 1,556,081
1970 287,885 1,513,070
1969 279,248 1,470,886
1968 270,164 1,429,447
1967 261,404 1,388,628
1966 252,976 1,348,388
1965 244,856 1,308,835
1964 237,006 1,270,065
1963 229,373 1,232,124
1962 221,919 1,195,301
1961 215,087 1,159,870
1960 210,024 1,126,005

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

GeoRank.org/facts/cape-verde/panama | CC BY

Fertility rates in Cape Verde and Panama

Fertility rate
Cape Verde

Panama
1x
Year Fertility rate
Cape Verde Panama
2023 1.52 2.12
2022 1.53 2.14
2021 1.55 2.15
2020 1.59 2.18
2019 1.7 2.29
2018 1.8 2.4
2017 1.93 2.46
2016 1.97 2.5
2015 1.97 2.53
2014 2.03 2.55
2013 2.07 2.57
2012 2.15 2.59
2011 2.33 2.6
2010 2.33 2.59
2009 2.25 2.59
2008 2.3 2.61
2007 2.41 2.61
2006 2.56 2.62
2005 2.73 2.64
2004 2.9 2.68
2003 3.03 2.68
2002 3.19 2.7
2001 3.37 2.72
2000 3.55 2.74
1999 3.73 2.77
1998 3.9 2.79
1997 4.05 2.81
1996 4.26 2.83
1995 4.49 2.85
1994 4.72 2.88
1993 4.95 2.91
1992 5.12 2.95
1991 5.26 3
1990 5.36 3.07
1989 5.45 3.12
1988 5.55 3.17
1987 5.68 3.25
1986 5.81 3.34
1985 5.92 3.43
1984 5.97 3.52
1983 6.07 3.6
1982 6.17 3.66
1981 6.27 3.72
1980 6.38 3.8
1979 6.47 3.88
1978 6.56 3.98
1977 6.65 4.12
1976 6.71 4.26
1975 6.77 4.41
1974 6.82 4.58
1973 6.86 4.74
1972 6.89 4.91
1971 6.91 5.05
1970 6.94 5.18
1969 6.95 5.29
1968 6.97 5.41
1967 6.98 5.53
1966 6.99 5.65
1965 6.99 5.73
1964 6.99 5.81
1963 6.98 5.87
1962 6.95 5.87
1961 6.92 5.87
1960 6.89 5.83

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

GeoRank.org/facts/cape-verde/panama | CC BY

Cape Verde and Panama demographics compared

Median age
Cape Verde

Panama
1x
Year Median age, years
Cape Verde Panama
2024 29.4 30.9
2023 28.8 30.6
2022 28.3 30.3
2021 27.8 30
2020 27.3 29.7
2019 27 29.4
2018 26.6 29.1
2017 26.2 28.8
2016 25.7 28.5
2015 25.2 28.3
2014 24.7 28
2013 24.2 27.8
2012 23.6 27.5
2011 23.1 27.2
2010 22.6 27
2009 22.1 26.7
2008 21.7 26.4
2007 21.3 26.1
2006 20.8 25.9
2005 20.4 25.6
2004 19.9 25.3
2003 19.6 25.1
2002 19.2 24.8
2001 18.9 24.5
2000 18.6 24.3
1999 18.3 24
1998 18.1 23.7
1997 17.9 23.5
1996 17.7 23.2
1995 17.5 22.9
1994 17.4 22.7
1993 17.2 22.4
1992 17.1 22.1
1991 17 21.8
1990 17 21.5
1989 16.9 21.3
1988 16.8 21
1987 16.8 20.7
1986 16.7 20.4
1985 16.6 20.2
1984 16.5 19.9
1983 16.4 19.7
1982 16.3 19.5
1981 16.1 19.2
1980 16.1 19
1979 16.2 18.8
1978 16.4 18.6
1977 16.6 18.4
1976 16.8 18.3
1975 17 18.1
1974 17.2 18
1973 17.2 17.8
1972 17.2 17.7
1971 17.2 17.7
1970 17.2 17.6
1969 17.1 17.6
1968 17 17.5
1967 17 17.5
1966 17.1 17.5
1965 17.2 17.5
1964 17.4 17.6
1963 17.7 17.6
1962 18.1 17.7
1961 18.6 17.8
1960 19 17.8

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

GeoRank.org/facts/cape-verde/panama | CC BY

Interactive Maps

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National statistics comparison

Finance

Cape Verde Panama
GNI, Atlas method
$2.6B
2024
$81.3B
2024
Government expenditure, % of GDP
26.1%
2024
23.1%
2024
Education expenditure, % of GDP
4.35%
2023
2.47%
2023
Military expenditure, % of GDP
0.62%
2024
0.97%
1999
Armed forces personnel
1,000
2020
28,000
2020
Deficit/surplus, % of GDP
-1.07%
2024
-7.42%
2024
Unemployment rate
11.3%
2019
8.61%
2024
Services, % of GDP
68.7%
2024
69.3%
2024
Industry, % of GDP
10.7%
2024
25.5%
2024
Economic freedom index
71.4
2026
64.9
2026
Income share by richest 10%
32.3%
2015
37.6%
2024
Income share by poorest 10%
2.2%
2015
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
$783M
2024
$6.86B
2024
Personal remittances received
$334M
2024
$532M
2024
International tourist arrivals
180,000
2020
647,000
2020
International tourism as share of exports
39.9%
2020
9.3%
2020
Banked people share n/a
64.1%
2024

Energy

Cape Verde Panama
Energy use, kg of oil equivalent per capita
207.6 kg
2007
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$26.8
2007
$34.2
2022
Carbon dioxide (CO2) emissions
0.68 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
1.29 tons
2024
2.74 tons
2024
Fossil fuel energy use share
0%
2007
76.5%
2022
Renewable energy use share
21.8%
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
18.3%
2021
79.3%
2021
Hydroelectric share
0%
2021
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
98.6%
2023
97%
2023

Society

Cape Verde Panama
% of world population
0.006%
2024
0.06%
2024
Annual migration change
-1,284
2025
+6,151
2025
Urban population
76.8%
2024
66%
2024
Male:Female ratio
50.9:49.1
2024
50:50
2024
Average male height
5.78 ft
2025
5.58 ft
2025
Average female height
5.35 ft
2025
5.19 ft
2025
Quality of life index
46.5
2026
60.2
2026
Corruption Perceptions Index
62
2025
33
2025
Higher education index
26
2026
40
2026
Homicides per 100K people
6.18
2020
11.3
2022
Road traffic mortality per 100K people
26.8
2019
13.9
2019
Visa free countries
74
2025
138
2025
Adult literacy rate
88.5%
2024
96.3%
2024
English speaking
8%
2025
14%
2023
People using the Internet
73.5%
2023
68.5%
2023

Health

Cape Verde Panama
Government health expenditure per capita
$290.1
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$74.7
2023
$630
2023
Life expectancy
76.6 years
2026
80.1 years
2026
Foreign aid share of health expenditure
11%
2023
0.76%
2023
Physicians per 1,000 people
0.73
2023
1.63
2022
Maternal mortality per 100K births
40
2023
37
2023
Mortality rate before reaching 5 years of age
11.6
2023
13.3
2023
Obesity rate
16.4%
2022
37.1%
2022
Diabetes prevalence
6.8%
2024
11.1%
2024
Air quality index
29
2026
79
2026
Tobacco use prevalence
11%
2022
5.2%
2022
Pure alcohol consumption per capita
6.01 liters
2020
4.66 liters
2020

Territory

Cape Verde Panama
% of world land
0.003%
2026
0.05%
2026
Land area per capita
2,964 sq mi
2024
6,343 sq mi
2024
Agricultural land area
305 sq mi
2026
8,456 sq mi
2026
Forest area
180 sq mi
2026
16,138 sq mi
2026
Roads length
839 mi
2013
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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