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Finland vs Panama statistics compared

Updated on by Georank team

Finland has a population of 5.62M (ranked 116/197), compared with 4.52M in Panama (ranked 128/197). Finland's land area is 117,360 sq mi versus 28,641 sq mi for Panama (ranked 70th vs. 115th).

By GDP, Finland ranks 47/197 ($299B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Finland ranks 23/197 ($53,150), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Finland Panama
Population
5631965
4642198
Population rank 120/197 128/197
GDP
$299B
2024
$86.5B
2024
GDP rank 47/197 78/197
GDP per capita
$53,150
2024
$19,161
2024
GDP per capita rank 23/197 60/197
GDP per capita, PPP
$65,378
2024
$41,369
2024
Government debt
$245B
2024
$49.6B
2024
Debt-to-GDP ratio
82.1%
2024
57.4%
2024
Government debt per person
$43,662
2024
$10,995
2024
Government debt per person rank 12/185 51/185
Average annual personal income after taxes
$36,394
2026
$10,196
2026
Land area 117,360 sq mi 28,641 sq mi
Population density
48 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
1.26
2023
2.12
2023
Median age
44 years
2024
30.9 years
2024
Life expectancy
82.4 years
2026
80.1 years
2026

Finland and Panama: Comparison Charts

Finland and Panama economies compared

GDP
Finland

Panama
1x
Year GDP
Finland Panama
2024 $298,696,961,298 $86,523,959,132
2023 $295,021,982,463 $83,812,155,244
2022 $280,253,099,309 $76,479,304,471
2021 $294,223,210,496 $67,396,392,506
2020 $270,000,311,606 $57,059,846,522
2019 $267,014,821,129 $69,778,991,193
2018 $273,869,255,596 $67,316,471,181
2017 $253,846,138,440 $64,327,688,826
2016 $238,777,818,793 $59,760,858,718
2015 $233,210,733,506 $55,767,806,073
2014 $273,478,528,955 $51,427,104,882
2013 $270,268,036,626 $46,949,496,479
2012 $257,443,384,493 $41,595,439,721
2011 $275,126,915,516 $35,687,738,252
2010 $249,429,613,683 $30,231,009,533
2009 $253,480,783,439 $27,791,215,547
2008 $285,698,662,071 $25,721,327,955
2007 $256,360,251,538 $21,717,433,808
2006 $217,044,068,234 $18,659,721,513
2005 $204,859,368,791 $16,623,906,739
2004 $197,458,297,640 $15,100,203,362
2003 $171,612,867,736 $13,603,456,003
2002 $140,360,963,812 $12,800,851,271
2001 $129,519,672,869 $12,252,906,341
2000 $125,967,821,111 $11,966,497,049
1999 $135,234,241,918 $11,660,704,777
1998 $133,990,876,725 $11,019,557,689
1997 $126,862,902,302 $10,058,854,386
1996 $131,991,975,149 $9,197,503,323
1995 $134,060,457,516 $9,573,813,700
1994 $103,182,697,780 $9,365,289,800
1993 $89,112,105,756 $8,782,585,400
1992 $112,537,828,511 $8,042,337,700
1991 $127,794,441,994 $7,074,675,500
1990 $141,446,120,355 $6,433,967,000
1989 $118,991,270,611 $5,918,469,800
1988 $109,039,090,263 $5,902,783,400
1987 $91,564,993,913 $6,827,665,300
1986 $73,511,611,541 $6,797,834,200
1985 $55,856,676,899 $6,541,517,100
1984 $52,870,993,273 $6,183,387,100
1983 $50,956,447,481 $5,923,755,900
1982 $52,784,013,815 $5,769,767,900
1981 $52,440,066,134 $5,222,421,500
1980 $53,649,984,061 $4,614,086,400
1979 $44,469,218,440 $3,704,551,600
1978 $36,259,392,058 $3,244,558,600
1977 $33,502,784,418 $2,738,261,900
1976 $31,852,352,670 $2,588,106,000
1975 $29,475,251,333 $2,435,304,100
1974 $24,851,036,710 $2,188,307,600
1973 $19,474,098,335 $1,913,793,400
1972 $14,744,499,570 $1,673,411,700
1971 $12,528,522,307 $1,523,917,200
1970 $11,358,529,162 $1,351,006,400
1969 $10,177,524,839 $1,221,305,700
1968 $8,916,565,041 $1,112,791,100
1967 $9,468,272,357 $1,034,376,400
1966 $9,306,142,172 $928,833,000
1965 $8,680,393,839 $852,485,300
1964 $7,848,987,793 $776,137,500
1963 $6,958,916,548 $722,784,500
1962 $6,407,796,043 $652,120,900
1961 $5,984,433,774 $599,026,300
1960 $5,279,481,824 $537,147,100

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

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

Finland and Panama economies compared

GDP per capita
Finland

Panama
1x
Year GDP per capita
Finland Panama
2024 $53,150 $19,161
2023 $52,834 $18,797
2022 $50,441 $17,379
2021 $53,099 $15,510
2020 $48,829 $13,291
2019 $48,358 $16,478
2018 $49,654 $16,151
2017 $46,085 $15,695
2016 $43,451 $14,832
2015 $42,560 $14,083
2014 $50,074 $13,213
2013 $49,691 $12,273
2012 $47,552 $11,065
2011 $51,060 $9,662
2010 $46,506 $8,331
2009 $47,478 $7,797
2008 $53,769 $7,348
2007 $48,473 $6,318
2006 $41,214 $5,529
2005 $39,050 $5,018
2004 $37,768 $4,645
2003 $32,920 $4,265
2002 $26,989 $4,091
2001 $24,965 $3,992
2000 $24,336 $3,975
1999 $26,180 $3,950
1998 $26,000 $3,808
1997 $24,682 $3,546
1996 $25,757 $3,308
1995 $26,246 $3,514
1994 $20,278 $3,508
1993 $17,589 $3,358
1992 $22,320 $3,140
1991 $25,489 $2,821
1990 $28,366 $2,620
1989 $23,969 $2,462
1988 $22,044 $2,509
1987 $18,565 $2,966
1986 $14,947 $3,019
1985 $11,394 $2,972
1984 $10,830 $2,875
1983 $10,494 $2,819
1982 $10,935 $2,811
1981 $10,925 $2,605
1980 $11,225 $2,357
1979 $9,333 $1,938
1978 $7,629 $1,738
1977 $7,070 $1,503
1976 $6,740 $1,457
1975 $6,256 $1,406
1974 $5,298 $1,296
1973 $4,174 $1,164
1972 $3,178 $1,046
1971 $2,716 $979
1970 $2,466 $893
1969 $2,201 $830
1968 $1,927 $778
1967 $2,056 $745
1966 $2,032 $689
1965 $1,902 $651
1964 $1,726 $611
1963 $1,538 $587
1962 $1,427 $546
1961 $1,341 $516
1960 $1,192 $477

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

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

Finland vs. Panama life expectancy calculator

Life expectancy
Finland

Panama
1x
Year Life expectancy, years
Finland Panama
2026 82.4 80.1
2025 82.2 80
2024 82.1 79.8
2023 81.9 79.6
2022 81.2 79.3
2021 81.8 77
2020 81.8 76.3
2019 81.9 78.5
2018 81.6 78.3
2017 81.5 77.9
2016 81.3 77.8
2015 81.4 77.6
2014 81.1 77.4
2013 80.9 77.1
2012 80.5 76.9
2011 80.4 76.7
2010 80 76.4
2009 79.8 76.2
2008 79.7 75.9
2007 79.4 75.7
2006 79.4 75.4
2005 79 75.2
2004 78.8 74.8
2003 78.5 74.6
2002 78.3 74.2
2001 78.1 73.8
2000 77.7 73.4
1999 77.5 73.1
1998 77.3 72.8
1997 77.1 72.5
1996 76.9 72.2
1995 76.6 72
1994 76.6 71.9
1993 75.9 71.8
1992 75.6 71.5
1991 75.4 71.3
1990 75 71.3
1989 75 70.1
1988 74.8 70.9
1987 74.8 70.8
1986 74.8 70.7
1985 74.4 70.5
1984 74.7 70.4
1983 74.4 70.1
1982 74.5 69.9
1981 74 69.8
1980 73.6 69.5
1979 73.4 69.1
1978 73.1 68.7
1977 72.5 68.3
1976 72 67.8
1975 71.8 67.2
1974 71.3 66.6
1973 71.4 65.8
1972 70.9 65.2
1971 70.1 64.7
1970 70.3 64.1
1969 69.6 63.7
1968 69.8 63.2
1967 69.8 62.9
1966 69.6 62.6
1965 69.1 62.3
1964 69.4 62.1
1963 69.2 61.8
1962 68.7 61.4
1961 69 60.9
1960 69 60.3
1959 68.8 59.6
1958 68.6 58.9
1957 67.5 58.3
1956 68 57.9
1955 67.3 57.5
1954 67.5 57.2
1953 66.6 56.8
1952 66.5 56.4
1951 65.6 55.9
1950 64.2 55.4

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

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

Finland and Panama population clocks and comparison

Population
Finland

Panama
1x
Year Population
Finland Panama
2024 5,619,911 4,515,577
2023 5,583,911 4,458,759
2022 5,556,106 4,400,773
2021 5,541,017 4,345,405
2020 5,529,543 4,293,261
2019 5,521,606 4,234,700
2018 5,515,525 4,167,860
2017 5,508,214 4,098,707
2016 5,495,303 4,029,086
2015 5,479,531 3,960,035
2014 5,461,512 3,892,101
2013 5,438,972 3,825,329
2012 5,413,971 3,759,256
2011 5,388,272 3,693,505
2010 5,363,352 3,628,535
2009 5,338,871 3,564,381
2008 5,313,399 3,500,648
2007 5,288,720 3,437,490
2006 5,266,268 3,375,024
2005 5,246,096 3,313,026
2004 5,228,172 3,251,155
2003 5,213,014 3,189,807
2002 5,200,598 3,129,344
2001 5,188,008 3,069,537
2000 5,176,209 3,010,369
1999 5,165,474 2,951,822
1998 5,153,498 2,893,914
1997 5,139,835 2,836,695
1996 5,124,573 2,780,227
1995 5,107,790 2,724,557
1994 5,088,333 2,669,546
1993 5,066,447 2,615,099
1992 5,041,992 2,561,336
1991 5,013,740 2,508,265
1990 4,986,431 2,455,583
1989 4,964,371 2,403,820
1988 4,946,481 2,352,848
1987 4,932,123 2,301,970
1986 4,918,154 2,251,325
1985 4,902,206 2,200,915
1984 4,881,803 2,150,782
1983 4,855,787 2,101,106
1982 4,826,933 2,052,271
1981 4,799,964 2,004,418
1980 4,779,535 1,957,534
1979 4,764,690 1,911,552
1978 4,752,528 1,866,311
1977 4,738,902 1,821,543
1976 4,725,664 1,776,935
1975 4,711,440 1,732,389
1974 4,690,574 1,687,926
1973 4,666,081 1,643,690
1972 4,639,657 1,599,723
1971 4,612,124 1,556,081
1970 4,606,307 1,513,070
1969 4,623,785 1,470,886
1968 4,626,469 1,429,447
1967 4,605,744 1,388,628
1966 4,580,869 1,348,388
1965 4,563,732 1,308,835
1964 4,548,543 1,270,065
1963 4,523,309 1,232,124
1962 4,491,443 1,195,301
1961 4,461,005 1,159,870
1960 4,429,634 1,126,005

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

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

Fertility rates in Finland and Panama

Fertility rate
Finland

Panama
1x
Year Fertility rate
Finland Panama
2023 1.26 2.12
2022 1.32 2.14
2021 1.46 2.15
2020 1.37 2.18
2019 1.35 2.29
2018 1.41 2.4
2017 1.49 2.46
2016 1.57 2.5
2015 1.65 2.53
2014 1.71 2.55
2013 1.75 2.57
2012 1.8 2.59
2011 1.83 2.6
2010 1.87 2.59
2009 1.86 2.59
2008 1.85 2.61
2007 1.83 2.61
2006 1.84 2.62
2005 1.8 2.64
2004 1.8 2.68
2003 1.76 2.68
2002 1.72 2.7
2001 1.73 2.72
2000 1.73 2.74
1999 1.73 2.77
1998 1.7 2.79
1997 1.75 2.81
1996 1.78 2.83
1995 1.81 2.85
1994 1.85 2.88
1993 1.81 2.91
1992 1.85 2.95
1991 1.79 3
1990 1.78 3.07
1989 1.71 3.12
1988 1.69 3.17
1987 1.59 3.25
1986 1.6 3.34
1985 1.64 3.43
1984 1.69 3.52
1983 1.74 3.6
1982 1.71 3.66
1981 1.64 3.72
1980 1.63 3.8
1979 1.64 3.88
1978 1.64 3.98
1977 1.68 4.12
1976 1.7 4.26
1975 1.68 4.41
1974 1.61 4.58
1973 1.49 4.74
1972 1.58 4.91
1971 1.68 5.05
1970 1.83 5.18
1969 1.93 5.29
1968 2.14 5.41
1967 2.32 5.53
1966 2.41 5.65
1965 2.48 5.73
1964 2.59 5.81
1963 2.68 5.87
1962 2.68 5.87
1961 2.72 5.87
1960 2.72 5.83

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

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

Finland and Panama demographics compared

Median age
Finland

Panama
1x
Year Median age, years
Finland Panama
2024 44 30.9
2023 43.8 30.6
2022 43.5 30.3
2021 43.3 30
2020 43.2 29.7
2019 43 29.4
2018 42.8 29.1
2017 42.7 28.8
2016 42.6 28.5
2015 42.5 28.3
2014 42.4 28
2013 42.3 27.8
2012 42.2 27.5
2011 42.1 27.2
2010 41.9 27
2009 41.8 26.7
2008 41.6 26.4
2007 41.4 26.1
2006 41.2 25.9
2005 40.9 25.6
2004 40.6 25.3
2003 40.3 25.1
2002 40 24.8
2001 39.7 24.5
2000 39.4 24.3
1999 39 24
1998 38.7 23.7
1997 38.4 23.5
1996 38.1 23.2
1995 37.8 22.9
1994 37.5 22.7
1993 37.2 22.4
1992 37 22.1
1991 36.7 21.8
1990 36.4 21.5
1989 36.1 21.3
1988 35.8 21
1987 35.4 20.7
1986 35.1 20.4
1985 34.7 20.2
1984 34.3 19.9
1983 33.9 19.7
1982 33.5 19.5
1981 33.2 19.2
1980 32.8 19
1979 32.4 18.8
1978 32.1 18.6
1977 31.7 18.4
1976 31.2 18.3
1975 30.7 18.1
1974 30.4 18
1973 30.2 17.8
1972 30.1 17.7
1971 29.9 17.7
1970 29.6 17.6
1969 29.3 17.6
1968 29 17.5
1967 28.9 17.5
1966 28.8 17.5
1965 28.7 17.5
1964 28.6 17.6
1963 28.5 17.6
1962 28.5 17.7
1961 28.4 17.8
1960 28.4 17.8

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

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

Interactive Maps

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

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National statistics comparison

Finance

Finland Panama
GNI, Atlas method
$290B
2024
$81.3B
2024
Government expenditure, % of GDP
57.7%
2024
23.1%
2024
Education expenditure, % of GDP
6.38%
2022
2.47%
2023
Military expenditure, % of GDP
2.3%
2024
0.97%
1999
Armed forces personnel
22,000
2020
28,000
2020
Deficit/surplus, % of GDP
-4.41%
2024
-7.42%
2024
Unemployment rate
8.34%
2024
8.61%
2024
Services, % of GDP
62.2%
2024
69.3%
2024
Industry, % of GDP
22.8%
2024
25.5%
2024
Economic freedom index
76.6
2026
64.9
2026
Income share by richest 10%
22.5%
2023
37.6%
2024
Income share by poorest 10%
3.7%
2023
1.2%
2024
Number of billionaires
7
2025
0
2025
Percentage of billionaires
0.0002%
2025
0%
2025
Listed domestic companies
134
2004
36
2024
Market capitalization of domestic companies
$20.3B
2004
$18.3B
2024
Total reserves including gold
$18B
2024
$6.86B
2024
Personal remittances received
$749M
2024
$532M
2024
International tourist arrivals
896,000
2020
647,000
2020
International tourism as share of exports
1.79%
2020
9.3%
2020
Banked people share
99.8%
2024
64.1%
2024

Energy

Finland Panama
Energy use, kg of oil equivalent per capita
5,867 kg
2023
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$10.8
2023
$34.2
2022
Carbon dioxide (CO2) emissions
31.1 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
5.54 tons
2024
2.74 tons
2024
Fossil fuel energy use share
32.7%
2023
76.5%
2022
Renewable energy use share
50.2%
2021
28%
2021
Alternative and nuclear energy use share
35.4%
2023
17.3%
2022
Net energy imports use share
30.3%
2023
171.2%
2022
Electric power consumption per capita
14,391 kWh
2023
2,546 kWh
2022
Renewable electricity output share
52.9%
2021
79.3%
2021
Hydroelectric share
18.6%
2023
66.3%
2022
Nuclear share
42.1%
2023
0%
2021
Electricity access
100%
2023
97%
2023

Society

Finland Panama
% of world population
0.07%
2024
0.06%
2024
Annual migration change
+18,246
2025
+6,151
2025
Urban population
74.3%
2024
66%
2024
Male:Female ratio
49.4:50.6
2024
50:50
2024
Average male height
5.93 ft
2025
5.58 ft
2025
Average female height
5.46 ft
2025
5.19 ft
2025
Quality of life index
92.9
2026
60.2
2026
Corruption Perceptions Index
88
2025
33
2025
Higher education index
95
2026
40
2026
Homicides per 100K people
0.98
2023
11.3
2022
Road traffic mortality per 100K people
3.9
2019
13.9
2019
Visa free countries
172
2025
138
2025
Adult literacy rate
100%
2000
96.3%
2024
English speaking
70.2%
2023
14%
2023
People using the Internet
93.5%
2023
68.5%
2023

Health

Finland Panama
Government health expenditure per capita
$5,515
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$777
2023
$630
2023
Life expectancy
82.4 years
2026
80.1 years
2026
Foreign aid share of health expenditure
0.006%
2020
0.76%
2023
Physicians per 1,000 people
3.61
2021
1.63
2022
Age at first childbirth
30 years
2023
n/a
Maternal mortality per 100K births
8
2023
37
2023
Mortality rate before reaching 5 years of age
2.3
2023
13.3
2023
Obesity rate
22%
2022
37.1%
2022
Diabetes prevalence
6.9%
2024
11.1%
2024
Air quality index
92
2026
79
2026
Tobacco use prevalence
22.3%
2022
5.2%
2022
Pure alcohol consumption per capita
9.08 liters
2020
4.66 liters
2020

Territory

Finland Panama
% of world land
0.2%
2026
0.05%
2026
Land area per capita
20,883 sq mi
2024
6,343 sq mi
2024
Agricultural land area
8,734 sq mi
2026
8,456 sq mi
2026
Forest area
86,522 sq mi
2026
16,138 sq mi
2026
Roads length
282,103 mi
2019
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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