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Ecuador vs Panama statistics compared

Updated on by Georank team

Ecuador has a population of 18.1M (ranked 71/197), compared with 4.52M in Panama (ranked 128/197). Ecuador's land area is 95,892 sq mi versus 28,641 sq mi for Panama (ranked 76th vs. 115th).

By GDP, Ecuador ranks 62/197 ($125B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Ecuador ranks 103/197 ($6,875), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Ecuador Panama
Population
18487749
4642198
Population rank 71/197 128/197
GDP
$125B
2024
$86.5B
2024
GDP rank 62/197 78/197
GDP per capita
$6,875
2024
$19,161
2024
GDP per capita rank 103/197 60/197
GDP per capita, PPP
$15,840
2024
$41,369
2024
Government debt
$67B
2024
$49.6B
2024
Debt-to-GDP ratio
53.8%
2024
57.4%
2024
Government debt per person
$3,695
2024
$10,995
2024
Government debt per person rank 93/185 51/185
Average annual personal income after taxes
$5,894
2026
$10,196
2026
Land area 95,892 sq mi 28,641 sq mi
Population density
192.4 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
1.82
2023
2.12
2023
Median age
29.8 years
2024
30.9 years
2024
Life expectancy
77.9 years
2026
80.1 years
2026

Ecuador and Panama: Comparison Charts

Ecuador and Panama economies compared

GDP
Ecuador

Panama
1x
Year GDP
Ecuador Panama
2024 $124,676,074,700 $86,523,959,132
2023 $121,147,057,000 $83,812,155,244
2022 $116,133,121,000 $76,479,304,471
2021 $107,179,074,000 $67,396,392,506
2020 $95,865,473,000 $57,059,846,522
2019 $107,595,830,000 $69,778,991,193
2018 $107,478,961,000 $67,316,471,181
2017 $104,467,486,000 $64,327,688,826
2016 $97,671,433,000 $59,760,858,718
2015 $97,209,558,000 $55,767,806,073
2014 $102,717,794,000 $51,427,104,882
2013 $96,570,334,000 $46,949,496,479
2012 $87,735,048,000 $41,595,439,721
2011 $78,986,648,000 $35,687,738,252
2010 $68,151,329,000 $30,231,009,533
2009 $60,094,978,000 $27,791,215,547
2008 $61,139,438,000 $25,721,327,955
2007 $49,848,725,000 $21,717,433,808
2006 $45,690,762,000 $18,659,721,513
2005 $40,278,849,000 $16,623,906,739
2004 $35,194,947,000 $15,100,203,362
2003 $30,965,208,000 $13,603,456,003
2002 $27,054,197,000 $12,800,851,271
2001 $23,127,055,000 $12,252,906,341
2000 $17,539,454,727 $11,966,497,049
1999 $19,645,272,636 $11,660,704,777
1998 $27,981,896,948 $11,019,557,689
1997 $28,162,053,027 $10,058,854,386
1996 $25,226,393,197 $9,197,503,323
1995 $24,432,884,442 $9,573,813,700
1994 $22,708,673,337 $9,365,289,800
1993 $18,938,717,359 $8,782,585,400
1992 $18,094,238,119 $8,042,337,700
1991 $16,988,535,268 $7,074,675,500
1990 $15,239,272,612 $6,433,967,000
1989 $13,890,823,705 $5,918,469,800
1988 $13,051,881,851 $5,902,783,400
1987 $13,945,426,859 $6,827,665,300
1986 $15,314,138,472 $6,797,834,200
1985 $17,149,088,413 $6,541,517,100
1984 $16,912,509,092 $6,183,387,100
1983 $17,152,477,037 $5,923,755,900
1982 $19,929,846,396 $5,769,767,900
1981 $21,810,759,354 $5,222,421,500
1980 $17,881,508,242 $4,614,086,400
1979 $14,175,160,902 $3,704,551,600
1978 $11,922,497,876 $3,244,558,600
1977 $11,026,342,618 $2,738,261,900
1976 $9,091,921,030 $2,588,106,000
1975 $7,731,674,472 $2,435,304,100
1974 $6,599,257,044 $2,188,307,600
1973 $3,891,754,150 $1,913,793,400
1972 $3,185,986,087 $1,673,411,700
1971 $2,754,219,271 $1,523,917,200
1970 $2,862,503,139 $1,351,006,400
1969 $3,112,165,727 $1,221,305,700
1968 $2,582,179,864 $1,112,791,100
1967 $2,553,595,172 $1,034,376,400
1966 $2,429,308,639 $928,833,000
1965 $2,387,047,396 $852,485,300
1964 $2,244,146,103 $776,137,500
1963 $1,824,343,871 $722,784,500
1962 $1,518,207,703 $652,120,900
1961 $1,753,850,955 $599,026,300
1960 $2,069,464,937 $537,147,100

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

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

Ecuador and Panama economies compared

GDP per capita
Ecuador

Panama
1x
Year GDP per capita
Ecuador Panama
2024 $6,875 $19,161
2023 $6,738 $18,797
2022 $6,516 $17,379
2021 $6,061 $15,510
2020 $5,464 $13,291
2019 $6,205 $16,478
2018 $6,304 $16,151
2017 $6,233 $15,695
2016 $5,918 $14,832
2015 $5,976 $14,083
2014 $6,406 $13,213
2013 $6,109 $12,273
2012 $5,634 $11,065
2011 $5,154 $9,662
2010 $4,520 $8,331
2009 $4,053 $7,797
2008 $4,195 $7,348
2007 $3,479 $6,318
2006 $3,244 $5,529
2005 $2,909 $5,018
2004 $2,586 $4,645
2003 $2,316 $4,265
2002 $2,059 $4,091
2001 $1,791 $3,992
2000 $1,382 $3,975
1999 $1,575 $3,950
1998 $2,284 $3,808
1997 $2,341 $3,546
1996 $2,136 $3,308
1995 $2,108 $3,514
1994 $1,997 $3,508
1993 $1,698 $3,358
1992 $1,655 $3,140
1991 $1,587 $2,821
1990 $1,455 $2,620
1989 $1,356 $2,462
1988 $1,304 $2,509
1987 $1,426 $2,966
1986 $1,604 $3,019
1985 $1,842 $2,972
1984 $1,864 $2,875
1983 $1,940 $2,819
1982 $2,314 $2,811
1981 $2,601 $2,605
1980 $2,190 $2,357
1979 $1,783 $1,938
1978 $1,541 $1,738
1977 $1,465 $1,503
1976 $1,242 $1,457
1975 $1,086 $1,406
1974 $954 $1,296
1973 $579 $1,164
1972 $488 $1,046
1971 $434 $979
1970 $465 $893
1969 $521 $830
1968 $445 $778
1967 $454 $745
1966 $445 $689
1965 $450 $651
1964 $436 $611
1963 $365 $587
1962 $312 $546
1961 $371 $516
1960 $451 $477

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

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

Ecuador vs. Panama life expectancy calculator

Life expectancy
Ecuador

Panama
1x
Year Life expectancy, years
Ecuador Panama
2026 77.9 80.1
2025 77.8 80
2024 77.6 79.8
2023 77.4 79.6
2022 76.6 79.3
2021 72.7 77
2020 72 76.3
2019 77.3 78.5
2018 77.2 78.3
2017 76.2 77.9
2016 76.1 77.8
2015 76.2 77.6
2014 76.1 77.4
2013 75.8 77.1
2012 75.5 76.9
2011 75.2 76.7
2010 75.2 76.4
2009 74.9 76.2
2008 74.7 75.9
2007 74.2 75.7
2006 74 75.4
2005 73.9 75.2
2004 73.9 74.8
2003 73.6 74.6
2002 73.2 74.2
2001 72.6 73.8
2000 72.1 73.4
1999 71.9 73.1
1998 71.9 72.8
1997 72 72.5
1996 71.8 72.2
1995 71.3 72
1994 70.9 71.9
1993 70.1 71.8
1992 69.5 71.5
1991 69 71.3
1990 68.4 71.3
1989 67.8 70.1
1988 67 70.9
1987 66.6 70.8
1986 66.1 70.7
1985 65.6 70.5
1984 65.2 70.4
1983 64.7 70.1
1982 64.3 69.9
1981 63.8 69.8
1980 63.3 69.5
1979 62.9 69.1
1978 62.4 68.7
1977 61.9 68.3
1976 61.4 67.8
1975 61.1 67.2
1974 60.7 66.6
1973 60.3 65.8
1972 59.8 65.2
1971 59.3 64.7
1970 58.8 64.1
1969 58.3 63.7
1968 57.9 63.2
1967 57.5 62.9
1966 57 62.6
1965 56.5 62.3
1964 56 62.1
1963 55.3 61.8
1962 54.7 61.4
1961 54.1 60.9
1960 53.4 60.3
1959 52.7 59.6
1958 52.1 58.9
1957 51.5 58.3
1956 50.9 57.9
1955 50.4 57.5
1954 50 57.2
1953 49.6 56.8
1952 49.2 56.4
1951 48.9 55.9
1950 48.4 55.4

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

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

Ecuador and Panama population clocks and comparison

Population
Ecuador

Panama
1x
Year Population
Ecuador Panama
2024 18,135,478 4,515,577
2023 17,980,083 4,458,759
2022 17,823,897 4,400,773
2021 17,682,454 4,345,405
2020 17,546,065 4,293,261
2019 17,340,021 4,234,700
2018 17,049,547 4,167,860
2017 16,759,519 4,098,707
2016 16,505,139 4,029,086
2015 16,266,225 3,960,035
2014 16,035,124 3,892,101
2013 15,807,128 3,825,329
2012 15,572,194 3,759,256
2011 15,326,227 3,693,505
2010 15,076,695 3,628,535
2009 14,825,954 3,564,381
2008 14,575,202 3,500,648
2007 14,328,773 3,437,490
2006 14,086,131 3,375,024
2005 13,846,163 3,313,026
2004 13,608,701 3,251,155
2003 13,372,306 3,189,807
2002 13,138,472 3,129,344
2001 12,910,740 3,069,537
2000 12,689,206 3,010,369
1999 12,470,795 2,951,822
1998 12,251,184 2,893,914
1997 12,031,127 2,836,695
1996 11,810,950 2,780,227
1995 11,590,514 2,724,557
1994 11,372,197 2,669,546
1993 11,154,274 2,615,099
1992 10,930,128 2,561,336
1991 10,702,380 2,508,265
1990 10,473,673 2,455,583
1989 10,241,852 2,403,820
1988 10,010,808 2,352,848
1987 9,779,290 2,301,970
1986 9,545,998 2,251,325
1985 9,311,154 2,200,915
1984 9,074,782 2,150,782
1983 8,840,417 2,101,106
1982 8,611,298 2,052,271
1981 8,386,910 2,004,418
1980 8,165,877 1,957,534
1979 7,948,869 1,911,552
1978 7,736,167 1,866,311
1977 7,526,819 1,821,543
1976 7,320,912 1,776,935
1975 7,118,251 1,732,389
1974 6,918,573 1,687,926
1973 6,722,033 1,643,690
1972 6,529,034 1,599,723
1971 6,340,052 1,556,081
1970 6,155,387 1,513,070
1969 5,975,236 1,470,886
1968 5,799,680 1,429,447
1967 5,629,057 1,388,628
1966 5,463,748 1,348,388
1965 5,303,963 1,308,835
1964 5,149,918 1,270,065
1963 5,001,716 1,232,124
1962 4,859,269 1,195,301
1961 4,722,331 1,159,870
1960 4,590,891 1,126,005

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

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

Fertility rates in Ecuador and Panama

Fertility rate
Ecuador

Panama
1x
Year Fertility rate
Ecuador Panama
2023 1.82 2.12
2022 1.86 2.14
2021 1.91 2.15
2020 1.97 2.18
2019 2.04 2.29
2018 2.11 2.4
2017 2.13 2.46
2016 2.12 2.5
2015 2.21 2.53
2014 2.27 2.55
2013 2.36 2.57
2012 2.51 2.59
2011 2.61 2.6
2010 2.62 2.59
2009 2.68 2.59
2008 2.69 2.61
2007 2.7 2.61
2006 2.75 2.62
2005 2.8 2.64
2004 2.85 2.68
2003 2.91 2.68
2002 2.97 2.7
2001 3.04 2.72
2000 3.1 2.74
1999 3.17 2.77
1998 3.23 2.79
1997 3.29 2.81
1996 3.35 2.83
1995 3.38 2.85
1994 3.42 2.88
1993 3.49 2.91
1992 3.58 2.95
1991 3.63 3
1990 3.68 3.07
1989 3.74 3.12
1988 3.79 3.17
1987 3.87 3.25
1986 4 3.34
1985 4.14 3.43
1984 4.31 3.52
1983 4.39 3.6
1982 4.5 3.66
1981 4.61 3.72
1980 4.73 3.8
1979 4.86 3.88
1978 4.99 3.98
1977 5.13 4.12
1976 5.28 4.26
1975 5.43 4.41
1974 5.58 4.58
1973 5.73 4.74
1972 5.87 4.91
1971 6.01 5.05
1970 6.14 5.18
1969 6.25 5.29
1968 6.35 5.41
1967 6.44 5.53
1966 6.51 5.65
1965 6.56 5.73
1964 6.61 5.81
1963 6.65 5.87
1962 6.68 5.87
1961 6.7 5.87
1960 6.72 5.83

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

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

Ecuador and Panama demographics compared

Median age
Ecuador

Panama
1x
Year Median age, years
Ecuador Panama
2024 29.8 30.9
2023 29.4 30.6
2022 29 30.3
2021 28.6 30
2020 28.3 29.7
2019 27.9 29.4
2018 27.5 29.1
2017 27.2 28.8
2016 26.8 28.5
2015 26.4 28.3
2014 26 28
2013 25.7 27.8
2012 25.4 27.5
2011 25.1 27.2
2010 24.8 27
2009 24.5 26.7
2008 24.2 26.4
2007 24 26.1
2006 23.7 25.9
2005 23.4 25.6
2004 23.2 25.3
2003 22.9 25.1
2002 22.7 24.8
2001 22.4 24.5
2000 22.2 24.3
1999 22 24
1998 21.8 23.7
1997 21.6 23.5
1996 21.4 23.2
1995 21.2 22.9
1994 21 22.7
1993 20.8 22.4
1992 20.6 22.1
1991 20.4 21.8
1990 20.2 21.5
1989 20 21.3
1988 19.8 21
1987 19.6 20.7
1986 19.4 20.4
1985 19.2 20.2
1984 19.1 19.9
1983 18.9 19.7
1982 18.8 19.5
1981 18.6 19.2
1980 18.5 19
1979 18.4 18.8
1978 18.3 18.6
1977 18.2 18.4
1976 18.1 18.3
1975 18 18.1
1974 17.9 18
1973 17.9 17.8
1972 17.8 17.7
1971 17.8 17.7
1970 17.7 17.6
1969 17.7 17.6
1968 17.7 17.5
1967 17.7 17.5
1966 17.7 17.5
1965 17.7 17.5
1964 17.8 17.6
1963 17.8 17.6
1962 17.9 17.7
1961 18 17.8
1960 18.2 17.8

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

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

Interactive Maps

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National statistics comparison

Finance

Ecuador Panama
GNI, Atlas method
$117B
2024
$81.3B
2024
Government expenditure, % of GDP
38.1%
2024
23.1%
2024
Education expenditure, % of GDP
3.89%
2023
2.47%
2023
Military expenditure, % of GDP
2.22%
2024
0.97%
1999
Armed forces personnel
42,000
2020
28,000
2020
Deficit/surplus, % of GDP
-1.28%
2024
-7.42%
2024
Unemployment rate
3.39%
2024
8.61%
2024
Services, % of GDP
57.2%
2024
69.3%
2024
Industry, % of GDP
26.5%
2024
25.5%
2024
Economic freedom index
55.6
2026
64.9
2026
Income share by richest 10%
33.4%
2024
37.6%
2024
Income share by poorest 10%
1.5%
2024
1.2%
2024
Number of billionaires n/a
0
2025
Percentage of billionaires n/a
0%
2025
Listed domestic companies
26
2000
36
2024
Market capitalization of domestic companies
$747M
2000
$18.3B
2024
Total reserves including gold
$6.91B
2024
$6.86B
2024
Personal remittances received
$6.54B
2024
$532M
2024
International tourist arrivals
2,108,000
2019
647,000
2020
International tourism as share of exports
3.12%
2020
9.3%
2020
Banked people share
64.5%
2024
64.1%
2024

Energy

Ecuador Panama
Energy use, kg of oil equivalent per capita
905 kg
2022
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$16.8
2022
$34.2
2022
Carbon dioxide (CO2) emissions
48 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
2.64 tons
2024
2.74 tons
2024
Fossil fuel energy use share
84%
2022
76.5%
2022
Renewable energy use share
18.9%
2021
28%
2021
Alternative and nuclear energy use share
13.2%
2022
17.3%
2022
Net energy imports use share
-69.4%
2022
171.2%
2022
Electric power consumption per capita
1,589 kWh
2022
2,546 kWh
2022
Renewable electricity output share
80.9%
2021
79.3%
2021
Hydroelectric share
74.6%
2022
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
98.7%
2023
97%
2023

Society

Ecuador Panama
% of world population
0.22%
2024
0.06%
2024
Annual migration change
-17,219
2025
+6,151
2025
Urban population
63.2%
2024
66%
2024
Male:Female ratio
49.9:50.1
2024
50:50
2024
Average male height
5.49 ft
2025
5.58 ft
2025
Average female height
5.09 ft
2025
5.19 ft
2025
Quality of life index
36.6
2026
60.2
2026
Corruption Perceptions Index
33
2025
33
2025
Higher education index
49
2026
40
2026
Homicides per 100K people
45.7
2023
11.3
2022
Road traffic mortality per 100K people
20.1
2019
13.9
2019
Visa free countries
100
2025
138
2025
Adult literacy rate
96.3%
2022
96.3%
2024
English speaking
1.24%
2023
14%
2023
People using the Internet
77.2%
2024
68.5%
2023

Health

Ecuador Panama
Government health expenditure per capita
$509
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$157.4
2023
$630
2023
Life expectancy
77.9 years
2026
80.1 years
2026
Foreign aid share of health expenditure
0.27%
2023
0.76%
2023
Physicians per 1,000 people
2.31
2020
1.63
2022
Maternal mortality per 100K births
55
2023
37
2023
Mortality rate before reaching 5 years of age
13.1
2023
13.3
2023
Obesity rate
28.3%
2022
37.1%
2022
Diabetes prevalence
4.9%
2024
11.1%
2024
Air quality index
67
2026
79
2026
Tobacco use prevalence
10.2%
2022
5.2%
2022
Pure alcohol consumption per capita
2.54 liters
2020
4.66 liters
2020

Territory

Ecuador Panama
% of world land
0.17%
2026
0.05%
2026
Land area per capita
5,288 sq mi
2024
6,343 sq mi
2024
Agricultural land area
20,656 sq mi
2026
8,456 sq mi
2026
Forest area
47,510 sq mi
2026
16,138 sq mi
2026
Roads length
26,853 mi
2015
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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