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Luxembourg vs Panama statistics compared

Updated on by Georank team

Luxembourg has a population of 677K (ranked 164/197), compared with 4.52M in Panama (ranked 128/197). Luxembourg's land area is 994 sq mi versus 28,641 sq mi for Panama (ranked 169th vs. 115th).

By GDP, Luxembourg ranks 74/197 ($93.3B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Luxembourg ranks 3/197 ($137,782), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Luxembourg Panama
Population
693885
4642198
Population rank 164/197 128/197
GDP
$93.3B
2024
$86.5B
2024
GDP rank 74/197 78/197
GDP per capita
$137,782
2024
$19,161
2024
GDP per capita rank 3/197 60/197
GDP per capita, PPP
$155,941
2024
$41,369
2024
Government debt
$24.5B
2024
$49.6B
2024
Debt-to-GDP ratio
26.3%
2024
57.4%
2024
Government debt per person
$36,221
2024
$10,995
2024
Government debt per person rank 19/185 51/185
Average annual personal income after taxes
$69,593
2026
$10,196
2026
Land area 994 sq mi 28,641 sq mi
Population density
696 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
1.25
2023
2.12
2023
Median age
40.2 years
2024
30.9 years
2024
Life expectancy
82.6 years
2026
80.1 years
2026

Luxembourg and Panama: Comparison Charts

Luxembourg and Panama economies compared

GDP
Luxembourg

Panama
1x
Year GDP
Luxembourg Panama
2024 $93,279,851,863 $86,523,959,132
2023 $88,788,881,539 $83,812,155,244
2022 $80,801,680,397 $76,479,304,471
2021 $86,386,759,695 $67,396,392,506
2020 $73,670,782,100 $57,059,846,522
2019 $69,872,035,114 $69,778,991,193
2018 $71,085,623,495 $67,316,471,181
2017 $65,712,180,343 $64,327,688,826
2016 $62,216,885,436 $59,760,858,718
2015 $60,071,584,216 $55,767,806,073
2014 $68,804,811,898 $51,427,104,882
2013 $65,203,276,467 $46,949,496,479
2012 $59,776,383,527 $41,595,439,721
2011 $61,696,281,326 $35,687,738,252
2010 $56,213,985,987 $30,231,009,533
2009 $54,467,289,898 $27,791,215,547
2008 $58,844,277,702 $25,721,327,955
2007 $51,587,401,416 $21,717,433,808
2006 $42,910,146,296 $18,659,721,513
2005 $37,672,280,120 $16,623,906,739
2004 $35,064,843,793 $15,100,203,362
2003 $29,667,268,248 $13,603,456,003
2002 $23,649,833,332 $12,800,851,271
2001 $21,387,533,703 $12,252,906,341
2000 $21,230,182,989 $11,966,497,049
1999 $21,899,317,599 $11,660,704,777
1998 $20,150,053,345 $11,019,557,689
1997 $19,563,836,265 $10,058,854,386
1996 $20,895,314,658 $9,197,503,323
1995 $20,853,093,870 $9,573,813,700
1994 $17,701,798,891 $9,365,289,800
1993 $15,925,521,222 $8,782,585,400
1992 $15,518,702,635 $8,042,337,700
1991 $13,834,219,728 $7,074,675,500
1990 $12,778,792,854 $6,433,967,000
1989 $10,037,674,038 $5,918,469,800
1988 $9,418,167,855 $5,902,783,400
1987 $8,320,902,215 $6,827,665,300
1986 $6,685,595,088 $6,797,834,200
1985 $4,577,211,767 $6,541,517,100
1984 $4,438,435,493 $6,183,387,100
1983 $4,524,217,751 $5,923,755,900
1982 $4,602,316,793 $5,769,767,900
1981 $5,053,665,797 $5,222,421,500
1980 $6,019,805,490 $4,614,086,400
1979 $5,516,982,664 $3,704,551,600
1978 $4,718,539,772 $3,244,558,600
1977 $3,789,321,328 $2,738,261,900
1976 $3,423,586,207 $2,588,106,000
1975 $3,123,333,333 $2,435,304,100
1974 $3,183,637,117 $2,188,307,600
1973 $2,609,875,802 $1,913,793,400
1972 $1,901,697,370 $1,673,411,700
1971 $1,518,773,421 $1,523,917,200
1970 $1,457,768,455 $1,351,006,400
1969 $1,245,432,991 $1,221,305,700
1968 $1,075,561,623 $1,112,791,100
1967 $983,052,315 $1,034,376,400
1966 $976,717,015 $928,833,000
1965 $929,477,285 $852,485,300
1964 $910,877,686 $776,137,500
1963 $797,902,154 $722,784,500
1962 $747,846,862 $652,120,900
1961 $710,163,719 $599,026,300
1960 $709,941,874 $537,147,100

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

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

Luxembourg and Panama economies compared

GDP per capita
Luxembourg

Panama
1x
Year GDP per capita
Luxembourg Panama
2024 $137,782 $19,161
2023 $133,231 $18,797
2022 $123,720 $17,379
2021 $134,966 $15,510
2020 $116,860 $13,291
2019 $112,697 $16,478
2018 $116,927 $16,151
2017 $110,193 $15,695
2016 $106,899 $14,832
2015 $105,462 $14,083
2014 $123,679 $13,213
2013 $120,000 $12,273
2012 $112,585 $11,065
2011 $119,025 $9,662
2010 $110,886 $8,331
2009 $109,420 $7,797
2008 $120,422 $7,348
2007 $107,475 $6,318
2006 $90,789 $5,529
2005 $80,988 $5,018
2004 $76,545 $4,645
2003 $65,689 $4,265
2002 $53,006 $4,091
2001 $48,440 $3,992
2000 $48,660 $3,975
1999 $50,872 $3,950
1998 $47,445 $3,808
1997 $46,642 $3,546
1996 $50,444 $3,308
1995 $51,032 $3,514
1994 $43,933 $3,508
1993 $40,067 $3,358
1992 $39,571 $3,140
1991 $35,747 $2,821
1990 $33,465 $2,620
1989 $26,618 $2,462
1988 $25,219 $2,509
1987 $22,443 $2,966
1986 $18,150 $3,019
1985 $12,482 $2,972
1984 $12,127 $2,875
1983 $12,374 $2,819
1982 $12,591 $2,811
1981 $13,837 $2,605
1980 $16,531 $2,357
1979 $15,204 $1,938
1978 $13,034 $1,738
1977 $10,486 $1,503
1976 $9,491 $1,457
1975 $8,701 $1,406
1974 $8,967 $1,296
1973 $7,447 $1,164
1972 $5,487 $1,046
1971 $4,435 $979
1970 $4,298 $893
1969 $3,690 $830
1968 $3,203 $778
1967 $2,935 $745
1966 $2,925 $689
1965 $2,804 $651
1964 $2,779 $611
1963 $2,462 $587
1962 $2,332 $546
1961 $2,241 $516
1960 $2,261 $477

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

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

Luxembourg vs. Panama life expectancy calculator

Life expectancy
Luxembourg

Panama
1x
Year Life expectancy, years
Luxembourg Panama
2026 82.6 80.1
2025 82.5 80
2024 82.4 79.8
2023 82.2 79.6
2022 82.2 79.3
2021 81.8 77
2020 81.4 76.3
2019 81.6 78.5
2018 81.5 78.3
2017 81.1 77.9
2016 81.6 77.8
2015 81.3 77.6
2014 81.2 77.4
2013 80.9 77.1
2012 80.4 76.9
2011 80.3 76.7
2010 80.1 76.4
2009 79.9 76.2
2008 80.1 75.9
2007 79.1 75.7
2006 78.8 75.4
2005 78.9 75.2
2004 78.7 74.8
2003 77.3 74.6
2002 77.6 74.2
2001 77.5 73.8
2000 77.3 73.4
1999 77 73.1
1998 76.6 72.8
1997 76.4 72.5
1996 76.2 72.2
1995 75.9 72
1994 75.9 71.9
1993 75.4 71.8
1992 74.7 71.5
1991 75 71.3
1990 75 71.3
1989 74.3 70.1
1988 74.3 70.9
1987 73.9 70.8
1986 74.1 70.7
1985 73.3 70.5
1984 72.7 70.4
1983 73 70.1
1982 72.2 69.9
1981 72.1 69.8
1980 72.4 69.5
1979 72.3 69.1
1978 71.5 68.7
1977 71.5 68.3
1976 70.2 67.8
1975 70.3 67.2
1974 70.2 66.6
1973 70.3 65.8
1972 70.5 65.2
1971 69.2 64.7
1970 69.2 64.1
1969 69.7 63.7
1968 70 63.2
1967 69.5 62.9
1966 68.9 62.6
1965 69.2 62.3
1964 68.8 62.1
1963 68.7 61.8
1962 68.4 61.4
1961 69.1 60.9
1960 68.8 60.3
1959 68.4 59.6
1958 68.4 58.9
1957 66.9 58.3
1956 67.1 57.9
1955 67.4 57.5
1954 66.7 57.2
1953 66.4 56.8
1952 66.1 56.4
1951 65.9 55.9
1950 65.5 55.4

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

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

Luxembourg and Panama population clocks and comparison

Population
Luxembourg

Panama
1x
Year Population
Luxembourg Panama
2024 677,012 4,515,577
2023 666,430 4,458,759
2022 653,103 4,400,773
2021 640,064 4,345,405
2020 630,419 4,293,261
2019 620,001 4,234,700
2018 607,950 4,167,860
2017 596,336 4,098,707
2016 582,014 4,029,086
2015 569,604 3,960,035
2014 556,319 3,892,101
2013 543,360 3,825,329
2012 530,946 3,759,256
2011 518,347 3,693,505
2010 506,953 3,628,535
2009 497,783 3,564,381
2008 488,650 3,500,648
2007 479,993 3,437,490
2006 472,637 3,375,024
2005 465,158 3,313,026
2004 458,095 3,251,155
2003 451,630 3,189,807
2002 446,175 3,129,344
2001 441,525 3,069,537
2000 436,300 3,010,369
1999 430,475 2,951,822
1998 424,700 2,893,914
1997 419,450 2,836,695
1996 414,225 2,780,227
1995 408,625 2,724,557
1994 402,925 2,669,546
1993 397,475 2,615,099
1992 392,175 2,561,336
1991 387,000 2,508,265
1990 381,850 2,455,583
1989 377,100 2,403,820
1988 373,450 2,352,848
1987 370,750 2,301,970
1986 368,355 2,251,325
1985 366,706 2,200,915
1984 365,998 2,150,782
1983 365,622 2,101,106
1982 365,525 2,052,271
1981 365,225 2,004,418
1980 364,150 1,957,534
1979 362,856 1,911,552
1978 362,007 1,866,311
1977 361,358 1,821,543
1976 360,731 1,776,935
1975 358,950 1,732,389
1974 355,050 1,687,926
1973 350,450 1,643,690
1972 346,600 1,599,723
1971 342,421 1,556,081
1970 339,171 1,513,070
1969 337,500 1,470,886
1968 335,850 1,429,447
1967 334,995 1,388,628
1966 333,895 1,348,388
1965 331,500 1,308,835
1964 327,750 1,270,065
1963 324,100 1,232,124
1962 320,750 1,195,301
1961 316,845 1,159,870
1960 313,970 1,126,005

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

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

Fertility rates in Luxembourg and Panama

Fertility rate
Luxembourg

Panama
1x
Year Fertility rate
Luxembourg Panama
2023 1.25 2.12
2022 1.31 2.14
2021 1.38 2.15
2020 1.36 2.18
2019 1.34 2.29
2018 1.38 2.4
2017 1.39 2.46
2016 1.41 2.5
2015 1.47 2.53
2014 1.5 2.55
2013 1.55 2.57
2012 1.57 2.59
2011 1.52 2.6
2010 1.63 2.59
2009 1.59 2.59
2008 1.61 2.61
2007 1.61 2.61
2006 1.65 2.62
2005 1.63 2.64
2004 1.66 2.68
2003 1.62 2.68
2002 1.63 2.7
2001 1.66 2.72
2000 1.76 2.74
1999 1.74 2.77
1998 1.68 2.79
1997 1.71 2.81
1996 1.77 2.83
1995 1.7 2.85
1994 1.72 2.88
1993 1.7 2.91
1992 1.64 2.95
1991 1.6 3
1990 1.6 3.07
1989 1.52 3.12
1988 1.51 3.17
1987 1.4 3.25
1986 1.43 3.34
1985 1.38 3.43
1984 1.42 3.52
1983 1.43 3.6
1982 1.49 3.66
1981 1.55 3.72
1980 1.5 3.8
1979 1.48 3.88
1978 1.48 3.98
1977 1.5 4.12
1976 1.48 4.26
1975 1.55 4.41
1974 1.58 4.58
1973 1.58 4.74
1972 1.75 4.91
1971 1.95 5.05
1970 1.97 5.18
1969 2.02 5.29
1968 2.12 5.41
1967 2.24 5.53
1966 2.34 5.65
1965 2.42 5.73
1964 2.34 5.81
1963 - 5.87
1962 2.37 5.87
1961 - 5.87
1960 2.29 5.83

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

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

Luxembourg and Panama demographics compared

Median age
Luxembourg

Panama
1x
Year Median age, years
Luxembourg Panama
2024 40.2 30.9
2023 39.9 30.6
2022 39.7 30.3
2021 39.7 30
2020 39.6 29.7
2019 39.5 29.4
2018 39.5 29.1
2017 39.4 28.8
2016 39.3 28.5
2015 39.3 28.3
2014 39.2 28
2013 39.1 27.8
2012 39.1 27.5
2011 39 27.2
2010 38.9 27
2009 38.8 26.7
2008 38.7 26.4
2007 38.5 26.1
2006 38.4 25.9
2005 38.2 25.6
2004 38 25.3
2003 37.8 25.1
2002 37.6 24.8
2001 37.3 24.5
2000 37.3 24.3
1999 37.3 24
1998 37.1 23.7
1997 37 23.5
1996 36.8 23.2
1995 36.7 22.9
1994 36.6 22.7
1993 36.5 22.4
1992 36.5 22.1
1991 36.4 21.8
1990 36.4 21.5
1989 36.3 21.3
1988 36.2 21
1987 36.1 20.7
1986 36 20.4
1985 35.8 20.2
1984 35.6 19.9
1983 35.4 19.7
1982 35.2 19.5
1981 35 19.2
1980 34.9 19
1979 34.8 18.8
1978 34.8 18.6
1977 34.8 18.4
1976 34.9 18.3
1975 35 18.1
1974 35 18
1973 35.1 17.8
1972 35.1 17.7
1971 35.3 17.7
1970 35.3 17.6
1969 35.3 17.6
1968 35.3 17.5
1967 35.2 17.5
1966 35.2 17.5
1965 35.2 17.5
1964 35.2 17.6
1963 35.1 17.6
1962 35.1 17.7
1961 35.1 17.8
1960 35.1 17.8

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

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

Interactive Maps

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National statistics comparison

Finance

Luxembourg Panama
GNI, Atlas method
$57.3B
2024
$81.3B
2024
Government expenditure, % of GDP
46.9%
2024
23.1%
2024
Education expenditure, % of GDP
3.71%
2022
2.47%
2023
Military expenditure, % of GDP
0.96%
2024
0.97%
1999
Armed forces personnel
1,000
2020
28,000
2020
Deficit/surplus, % of GDP
+1.03%
2024
-7.42%
2024
Unemployment rate
6.42%
2024
8.61%
2024
Services, % of GDP
81.2%
2024
69.3%
2024
Industry, % of GDP
9.66%
2024
25.5%
2024
Economic freedom index
79.7
2026
64.9
2026
Income share by richest 10%
25%
2023
37.6%
2024
Income share by poorest 10%
2.8%
2023
1.2%
2024
Number of billionaires
1
2025
0
2025
Percentage of billionaires
0.0002%
2025
0%
2025
Listed domestic companies
28
2024
36
2024
Market capitalization of domestic companies
$41.9B
2024
$18.3B
2024
Total reserves including gold
$2.79B
2024
$6.86B
2024
Personal remittances received
$2.5B
2024
$532M
2024
International tourist arrivals
525,000
2020
647,000
2020
International tourism as share of exports
2.97%
2020
9.3%
2020
Banked people share
98.8%
2017
64.1%
2024

Energy

Luxembourg Panama
Energy use, kg of oil equivalent per capita
4,592 kg
2023
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$32.8
2023
$34.2
2022
Carbon dioxide (CO2) emissions
7.15 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
10.6 tons
2024
2.74 tons
2024
Fossil fuel energy use share
70.4%
2023
76.5%
2022
Renewable energy use share
20.5%
2021
28%
2021
Alternative and nuclear energy use share
2.55%
2023
17.3%
2022
Net energy imports use share
109.6%
2023
171.2%
2022
Electric power consumption per capita
11,428 kWh
2023
2,546 kWh
2022
Renewable electricity output share
89%
2021
79.3%
2021
Hydroelectric share
48.8%
2023
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
97%
2023

Society

Luxembourg Panama
% of world population
0.008%
2024
0.06%
2024
Annual migration change
+5,237
2025
+6,151
2025
Urban population
94.8%
2024
66%
2024
Male:Female ratio
50.3:49.7
2024
50:50
2024
Average male height
5.86 ft
2025
5.58 ft
2025
Average female height
5.42 ft
2025
5.19 ft
2025
Quality of life index
94.2
2026
60.2
2026
Corruption Perceptions Index
78
2025
33
2025
Higher education index
79
2026
40
2026
Homicides per 100K people
1.54
2022
11.3
2022
Road traffic mortality per 100K people
4.1
2019
13.9
2019
Visa free countries
172
2025
138
2025
Adult literacy rate
100%
2000
96.3%
2024
English speaking
57%
2023
14%
2023
People using the Internet
98.8%
2024
68.5%
2023

Health

Luxembourg Panama
Government health expenditure per capita
$8,170
2024
$1,558
2023
Out-of-pocket health expenditure per capita
$695
2024
$630
2023
Life expectancy
82.6 years
2026
80.1 years
2026
Foreign aid share of health expenditure
1.24%
2024
0.76%
2023
Physicians per 1,000 people
2.98
2017
1.63
2022
Age at first childbirth
31.4 years
2023
n/a
Maternal mortality per 100K births
11
2023
37
2023
Mortality rate before reaching 5 years of age
2.3
2023
13.3
2023
Obesity rate
18.9%
2022
37.1%
2022
Diabetes prevalence
5.8%
2024
11.1%
2024
Air quality index
81
2026
79
2026
Tobacco use prevalence
23%
2022
5.2%
2022
Pure alcohol consumption per capita
10.8 liters
2020
4.66 liters
2020

Territory

Luxembourg Panama
% of world land
0.002%
2026
0.05%
2026
Land area per capita
1,468 sq mi
2024
6,343 sq mi
2024
Agricultural land area
514 sq mi
2026
8,456 sq mi
2026
Forest area
342 sq mi
2026
16,138 sq mi
2026
Roads length
1,786 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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