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Denmark vs Panama statistics compared

Updated on by Georank team

Denmark has a population of 5.98M (ranked 114/197), compared with 4.52M in Panama (ranked 128/197). Denmark's land area is 15,444 sq mi versus 28,641 sq mi for Panama (ranked 130th vs. 115th).

By GDP, Denmark ranks 37/197 ($425B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Denmark ranks 12/197 ($71,026), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Denmark Panama
Population
6032403
4642198
Population rank 114/197 128/197
GDP
$425B
2024
$86.5B
2024
GDP rank 37/197 78/197
GDP per capita
$71,026
2024
$19,161
2024
GDP per capita rank 12/197 60/197
GDP per capita, PPP
$81,878
2024
$41,369
2024
Government debt
$134B
2024
$49.6B
2024
Debt-to-GDP ratio
31.5%
2024
57.4%
2024
Government debt per person
$22,340
2024
$10,995
2024
Government debt per person rank 30/185 51/185
Average annual personal income after taxes
$53,468
2026
$10,196
2026
Land area 15,444 sq mi 28,641 sq mi
Population density
390 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
1.5
2023
2.12
2023
Median age
42.3 years
2024
30.9 years
2024
Life expectancy
82.4 years
2026
80.1 years
2026

Denmark and Panama: Comparison Charts

Denmark and Panama economies compared

GDP
Denmark

Panama
1x
Year GDP
Denmark Panama
2024 $424,524,722,037 $86,523,959,132
2023 $404,651,706,118 $83,812,155,244
2022 $400,114,306,337 $76,479,304,471
2021 $406,110,162,088 $67,396,392,506
2020 $355,631,021,932 $57,059,846,522
2019 $345,401,473,013 $69,778,991,193
2018 $355,293,374,912 $67,316,471,181
2017 $331,610,593,962 $64,327,688,826
2016 $312,181,849,372 $59,760,858,718
2015 $301,758,922,338 $55,767,806,073
2014 $352,832,602,064 $51,427,104,882
2013 $344,631,016,965 $46,949,496,479
2012 $326,792,574,245 $41,595,439,721
2011 $344,315,595,263 $35,687,738,252
2010 $322,345,594,075 $30,231,009,533
2009 $322,619,152,195 $27,791,215,547
2008 $354,979,471,960 $25,721,327,955
2007 $320,213,157,595 $21,717,433,808
2006 $283,386,151,544 $18,659,721,513
2005 $265,150,087,712 $16,623,906,739
2004 $251,986,155,631 $15,100,203,362
2003 $218,421,193,436 $13,603,456,003
2002 $178,788,209,558 $12,800,851,271
2001 $164,881,594,415 $12,252,906,341
2000 $164,043,817,224 $11,966,497,049
1999 $177,887,720,536 $11,660,704,777
1998 $176,877,077,513 $11,019,557,689
1997 $173,241,365,735 $10,058,854,386
1996 $187,481,157,846 $9,197,503,323
1995 $184,848,481,008 $9,573,813,700
1994 $156,017,919,221 $9,365,289,800
1993 $143,111,306,004 $8,782,585,400
1992 $152,966,494,260 $8,042,337,700
1991 $139,180,507,778 $7,074,675,500
1990 $138,217,740,684 $6,433,967,000
1989 $112,312,200,761 $5,918,469,800
1988 $115,540,189,705 $5,902,783,400
1987 $109,183,446,340 $6,827,665,300
1986 $87,748,695,217 $6,797,834,200
1985 $62,452,421,011 $6,541,517,100
1984 $58,868,891,335 $6,183,387,100
1983 $60,331,158,447 $5,923,755,900
1982 $60,084,214,872 $5,769,767,900
1981 $61,459,941,461 $5,222,421,500
1980 $70,811,287,816 $4,614,086,400
1979 $70,393,030,603 $3,704,551,600
1978 $60,320,089,218 $3,244,558,600
1977 $49,711,709,588 $2,738,261,900
1976 $44,503,607,444 $2,588,106,000
1975 $40,418,967,666 $2,435,304,100
1974 $34,125,712,481 $2,188,307,600
1973 $30,718,181,337 $1,913,793,400
1972 $23,230,667,549 $1,673,411,700
1971 $19,086,192,720 $1,523,917,200
1970 $17,075,457,733 $1,351,006,400
1969 $15,414,902,667 $1,221,305,700
1968 $13,505,574,133 $1,112,791,100
1967 $13,059,064,806 $1,034,376,400
1966 $11,931,740,293 $928,833,000
1965 $10,870,670,865 $852,485,300
1964 $9,677,401,337 $776,137,500
1963 $8,466,044,980 $722,784,500
1962 $7,953,274,741 $652,120,900
1961 $7,058,361,229 $599,026,300
1960 $6,361,166,545 $537,147,100

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

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

Denmark and Panama economies compared

GDP per capita
Denmark

Panama
1x
Year GDP per capita
Denmark Panama
2024 $71,026 $19,161
2023 $68,044 $18,797
2022 $67,781 $17,379
2021 $69,341 $15,510
2020 $60,985 $13,291
2019 $59,404 $16,478
2018 $61,325 $16,151
2017 $57,522 $15,695
2016 $54,501 $14,832
2015 $53,094 $14,083
2014 $62,520 $13,213
2013 $61,378 $12,273
2012 $58,444 $11,065
2011 $61,810 $9,662
2010 $58,105 $8,331
2009 $58,413 $7,797
2008 $64,617 $7,348
2007 $58,632 $6,318
2006 $52,119 $5,529
2005 $48,926 $5,018
2004 $46,625 $4,645
2003 $40,519 $4,265
2002 $33,257 $4,091
2001 $30,768 $3,992
2000 $30,722 $3,975
1999 $33,426 $3,950
1998 $33,346 $3,808
1997 $32,780 $3,546
1996 $35,622 $3,308
1995 $35,321 $3,514
1994 $29,968 $3,508
1993 $27,582 $3,358
1992 $29,579 $3,140
1991 $27,003 $2,821
1990 $26,886 $2,620
1989 $21,882 $2,462
1988 $22,525 $2,509
1987 $21,296 $2,966
1986 $17,137 $3,019
1985 $12,213 $2,972
1984 $11,517 $2,875
1983 $11,797 $2,819
1982 $11,740 $2,811
1981 $12,000 $2,605
1980 $13,822 $2,357
1979 $13,757 $1,938
1978 $11,818 $1,738
1977 $9,770 $1,503
1976 $8,773 $1,457
1975 $7,988 $1,406
1974 $6,764 $1,296
1973 $6,117 $1,164
1972 $4,654 $1,046
1971 $3,846 $979
1970 $3,464 $893
1969 $3,151 $830
1968 $2,776 $778
1967 $2,701 $745
1966 $2,487 $689
1965 $2,284 $651
1964 $2,049 $611
1963 $1,807 $587
1962 $1,711 $546
1961 $1,531 $516
1960 $1,389 $477

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

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

Denmark vs. Panama life expectancy calculator

Life expectancy
Denmark

Panama
1x
Year Life expectancy, years
Denmark Panama
2026 82.4 80.1
2025 82.2 80
2024 82.1 79.8
2023 81.9 79.6
2022 81.3 79.3
2021 81.4 77
2020 81.5 76.3
2019 81.4 78.5
2018 81 78.3
2017 81.1 77.9
2016 80.9 77.8
2015 80.7 77.6
2014 80.6 77.4
2013 80.3 77.1
2012 80.1 76.9
2011 79.8 76.7
2010 79.2 76.4
2009 79 76.2
2008 78.7 75.9
2007 78.3 75.7
2006 78.2 75.4
2005 78.2 75.2
2004 77.8 74.8
2003 77.4 74.6
2002 77.1 74.2
2001 77 73.8
2000 76.8 73.4
1999 76.6 73.1
1998 76.4 72.8
1997 76 72.5
1996 75.7 72.2
1995 75.3 72
1994 75.4 71.9
1993 75.2 71.8
1992 75.3 71.5
1991 75.2 71.3
1990 74.9 71.3
1989 74.9 70.1
1988 74.8 70.9
1987 74.7 70.8
1986 74.6 70.7
1985 74.5 70.5
1984 74.6 70.4
1983 74.5 70.1
1982 74.6 69.9
1981 74.3 69.8
1980 74.1 69.5
1979 74.2 69.1
1978 74.4 68.7
1977 74.7 68.3
1976 73.8 67.8
1975 74.1 67.2
1974 73.8 66.6
1973 73.7 65.8
1972 73.5 65.2
1971 73.4 64.7
1970 73.4 64.1
1969 73.2 63.7
1968 73.1 63.2
1967 73 62.9
1966 72.5 62.6
1965 72.4 62.3
1964 72.5 62.1
1963 72.4 61.8
1962 72.4 61.4
1961 72.5 60.9
1960 72.2 60.3
1959 72.2 59.6
1958 72.2 58.9
1957 71.8 58.3
1956 72 57.9
1955 71.9 57.5
1954 71.3 57.2
1953 71.2 56.8
1952 70.8 56.4
1951 70.9 55.9
1950 70.3 55.4

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

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

Denmark and Panama population clocks and comparison

Population
Denmark

Panama
1x
Year Population
Denmark Panama
2024 5,976,992 4,515,577
2023 5,946,952 4,458,759
2022 5,903,037 4,400,773
2021 5,856,733 4,345,405
2020 5,831,404 4,293,261
2019 5,814,422 4,234,700
2018 5,793,636 4,167,860
2017 5,764,980 4,098,707
2016 5,728,010 4,029,086
2015 5,683,483 3,960,035
2014 5,643,475 3,892,101
2013 5,614,932 3,825,329
2012 5,591,572 3,759,256
2011 5,570,572 3,693,505
2010 5,547,683 3,628,535
2009 5,523,095 3,564,381
2008 5,493,621 3,500,648
2007 5,461,438 3,437,490
2006 5,437,272 3,375,024
2005 5,419,432 3,313,026
2004 5,404,523 3,251,155
2003 5,390,574 3,189,807
2002 5,375,931 3,129,344
2001 5,358,783 3,069,537
2000 5,339,616 3,010,369
1999 5,321,799 2,951,822
1998 5,304,219 2,893,914
1997 5,284,991 2,836,695
1996 5,263,074 2,780,227
1995 5,233,373 2,724,557
1994 5,206,180 2,669,546
1993 5,188,628 2,615,099
1992 5,171,370 2,561,336
1991 5,154,298 2,508,265
1990 5,140,939 2,455,583
1989 5,132,594 2,403,820
1988 5,129,516 2,352,848
1987 5,127,024 2,301,970
1986 5,120,534 2,251,325
1985 5,113,691 2,200,915
1984 5,111,619 2,150,782
1983 5,114,297 2,101,106
1982 5,117,810 2,052,271
1981 5,121,572 2,004,418
1980 5,123,027 1,957,534
1979 5,116,801 1,911,552
1978 5,104,248 1,866,311
1977 5,088,419 1,821,543
1976 5,072,596 1,776,935
1975 5,059,862 1,732,389
1974 5,045,297 1,687,926
1973 5,021,861 1,643,690
1972 4,991,596 1,599,723
1971 4,963,126 1,556,081
1970 4,928,757 1,513,070
1969 4,891,860 1,470,886
1968 4,864,883 1,429,447
1967 4,835,354 1,388,628
1966 4,797,381 1,348,388
1965 4,759,012 1,308,835
1964 4,722,072 1,270,065
1963 4,684,483 1,232,124
1962 4,647,727 1,195,301
1961 4,611,687 1,159,870
1960 4,579,603 1,126,005

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

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

Fertility rates in Denmark and Panama

Fertility rate
Denmark

Panama
1x
Year Fertility rate
Denmark Panama
2023 1.5 2.12
2022 1.55 2.14
2021 1.72 2.15
2020 1.68 2.18
2019 1.7 2.29
2018 1.73 2.4
2017 1.75 2.46
2016 1.79 2.5
2015 1.71 2.53
2014 1.69 2.55
2013 1.67 2.57
2012 1.73 2.59
2011 1.75 2.6
2010 1.87 2.59
2009 1.84 2.59
2008 1.89 2.61
2007 1.84 2.61
2006 1.85 2.62
2005 1.8 2.64
2004 1.78 2.68
2003 1.76 2.68
2002 1.72 2.7
2001 1.74 2.72
2000 1.77 2.74
1999 1.73 2.77
1998 1.72 2.79
1997 1.75 2.81
1996 1.75 2.83
1995 1.8 2.85
1994 1.81 2.88
1993 1.75 2.91
1992 1.76 2.95
1991 1.68 3
1990 1.67 3.07
1989 1.62 3.12
1988 1.56 3.17
1987 1.5 3.25
1986 1.48 3.34
1985 1.45 3.43
1984 1.4 3.52
1983 1.38 3.6
1982 1.43 3.66
1981 1.44 3.72
1980 1.55 3.8
1979 1.6 3.88
1978 1.67 3.98
1977 1.66 4.12
1976 1.75 4.26
1975 1.92 4.41
1974 1.9 4.58
1973 1.92 4.74
1972 2.03 4.91
1971 2.04 5.05
1970 1.95 5.18
1969 2 5.29
1968 2.12 5.41
1967 2.35 5.53
1966 2.62 5.65
1965 2.61 5.73
1964 2.6 5.81
1963 2.67 5.87
1962 2.55 5.87
1961 2.55 5.87
1960 2.57 5.83

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

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

Denmark and Panama demographics compared

Median age
Denmark

Panama
1x
Year Median age, years
Denmark Panama
2024 42.3 30.9
2023 42.2 30.6
2022 42.1 30.3
2021 42.2 30
2020 42.1 29.7
2019 41.9 29.4
2018 41.8 29.1
2017 41.7 28.8
2016 41.6 28.5
2015 41.5 28.3
2014 41.4 28
2013 41.2 27.8
2012 41 27.5
2011 40.7 27.2
2010 40.5 27
2009 40.4 26.7
2008 40.2 26.4
2007 40.1 26.1
2006 39.8 25.9
2005 39.5 25.6
2004 39.2 25.3
2003 39 25.1
2002 38.8 24.8
2001 38.6 24.5
2000 38.4 24.3
1999 38.2 24
1998 38 23.7
1997 37.9 23.5
1996 37.7 23.2
1995 37.7 22.9
1994 37.6 22.7
1993 37.5 22.4
1992 37.4 22.1
1991 37.3 21.8
1990 37.1 21.5
1989 36.9 21.3
1988 36.7 21
1987 36.5 20.7
1986 36.2 20.4
1985 36 20.2
1984 35.7 19.9
1983 35.5 19.7
1982 35.1 19.5
1981 34.7 19.2
1980 34.3 19
1979 33.9 18.8
1978 33.7 18.6
1977 33.4 18.4
1976 33.2 18.3
1975 33 18.1
1974 32.8 18
1973 32.7 17.8
1972 32.6 17.7
1971 32.5 17.7
1970 32.5 17.6
1969 32.5 17.6
1968 32.5 17.5
1967 32.5 17.5
1966 32.6 17.5
1965 32.8 17.5
1964 32.9 17.6
1963 33 17.6
1962 33 17.7
1961 33.1 17.8
1960 33 17.8

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

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

Interactive Maps

Use the buttons below to switch between world maps comparing statistics for Denmark and Panama.

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National statistics comparison

Finance

Denmark Panama
GNI, Atlas method
$434B
2024
$81.3B
2024
Government expenditure, % of GDP
47.3%
2024
23.1%
2024
Education expenditure, % of GDP
6.36%
2022
2.47%
2023
Military expenditure, % of GDP
2.42%
2024
0.97%
1999
Armed forces personnel
15,000
2020
28,000
2020
Deficit/surplus, % of GDP
+4.46%
2024
-7.42%
2024
Unemployment rate
6.15%
2024
8.61%
2024
Services, % of GDP
63.5%
2024
69.3%
2024
Industry, % of GDP
24.1%
2024
25.5%
2024
Economic freedom index
79
2026
64.9
2026
Income share by richest 10%
25.5%
2023
37.6%
2024
Income share by poorest 10%
3.6%
2023
1.2%
2024
Number of millionaires
376,000
2025
n/a
Percentage of millionaires
8.02%
2025
n/a
Number of billionaires
9
2025
0
2025
Percentage of billionaires
0.0002%
2025
0%
2025
Listed domestic companies
178
2004
36
2024
Market capitalization of domestic companies
$151B
2004
$18.3B
2024
Total reserves including gold
$108B
2024
$6.86B
2024
Personal remittances received
$1.52B
2024
$532M
2024
International tourist arrivals
15,595,000
2020
647,000
2020
International tourism as share of exports
4.5%
2018
9.3%
2020
Banked people share
98.7%
2024
64.1%
2024

Energy

Denmark Panama
Energy use, kg of oil equivalent per capita
2,483 kg
2023
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$31.4
2023
$34.2
2022
Carbon dioxide (CO2) emissions
25.6 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
4.28 tons
2024
2.74 tons
2024
Fossil fuel energy use share
50%
2023
76.5%
2022
Renewable energy use share
39.5%
2021
28%
2021
Alternative and nuclear energy use share
13.8%
2023
17.3%
2022
Net energy imports use share
43.8%
2023
171.2%
2022
Electric power consumption per capita
5,878 kWh
2023
2,546 kWh
2022
Renewable electricity output share
79%
2021
79.3%
2021
Hydroelectric share
0.06%
2023
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
97%
2023

Society

Denmark Panama
% of world population
0.07%
2024
0.06%
2024
Annual migration change
+22,103
2025
+6,151
2025
Urban population
88.7%
2024
66%
2024
Male:Female ratio
49.7:50.3
2024
50:50
2024
Average male height
5.97 ft
2025
5.58 ft
2025
Average female height
5.56 ft
2025
5.19 ft
2025
Quality of life index
98.4
2026
60.2
2026
Corruption Perceptions Index
89
2025
33
2025
Higher education index
97
2026
40
2026
Homicides per 100K people
0.84
2023
11.3
2022
Road traffic mortality per 100K people
3.7
2019
13.9
2019
Visa free countries
172
2025
138
2025
Adult literacy rate
99%
2003
96.3%
2024
English speaking
86.1%
2023
14%
2023
People using the Internet
99.8%
2024
68.5%
2023

Health

Denmark Panama
Government health expenditure per capita
$6,745
2024
$1,558
2023
Out-of-pocket health expenditure per capita
$935
2024
$630
2023
Life expectancy
82.4 years
2026
80.1 years
2026
Foreign aid share of health expenditure
0%
2022
0.76%
2023
Physicians per 1,000 people
4.5
2021
1.63
2022
Age at first childbirth
30.1 years
2023
n/a
Maternal mortality per 100K births
4
2023
37
2023
Mortality rate before reaching 5 years of age
3.4
2023
13.3
2023
Obesity rate
13.6%
2022
37.1%
2022
Diabetes prevalence
6.4%
2024
11.1%
2024
Air quality index
84
2026
79
2026
Tobacco use prevalence
16.2%
2022
5.2%
2022
Pure alcohol consumption per capita
9.49 liters
2020
4.66 liters
2020

Territory

Denmark Panama
% of world land
0.03%
2026
0.05%
2026
Land area per capita
2,584 sq mi
2024
6,343 sq mi
2024
Agricultural land area
10,120 sq mi
2026
8,456 sq mi
2026
Forest area
2,437 sq mi
2026
16,138 sq mi
2026
Roads length
45,717 mi
2010
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)
  12. United Nations Economic Commission for Europe (UNECE) (2023, retrieved 2026-03-10)

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