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Monaco vs Panama statistics compared

Updated on by Georank team

Monaco has a population of 38.6K (ranked 191/197), compared with 4.52M in Panama (ranked 128/197). Monaco's land area is 0.8 sq mi versus 28,641 sq mi for Panama (ranked 196th vs. 115th).

By GDP, Monaco ranks 152/197 ($11.1B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Monaco ranks 1/197 ($288,001), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Monaco Panama
Population
38053
4642198
Population rank 191/197 128/197
GDP
$11.1B
2024
$86.5B
2024
GDP rank 152/197 78/197
GDP per capita
$288,001
2024
$19,161
2024
GDP per capita rank 1/197 60/197
GDP per capita, PPP
$115,700
2015
$41,369
2024
Government debt n/a
$49.6B
2024
Debt-to-GDP ratio n/a
57.4%
2024
Government debt per person n/a
$10,995
2024
Government debt per person rank n/a 51/185
Average annual personal income after taxes
$97,068
2026
$10,196
2026
Land area 0.8 sq mi 28,641 sq mi
Population density
47,292 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
2.11
2023
2.12
2023
Median age
55 years
2024
30.9 years
2024
Life expectancy
86.7 years
2026
80.1 years
2026

Monaco and Panama: Comparison Charts

Monaco and Panama economies compared

GDP
Monaco

Panama
1x
Year GDP
Monaco Panama
2024 $11,125,783,372 $86,523,959,132
2023 $10,003,892,565 $83,812,155,244
2022 $8,800,430,486 $76,479,304,471
2021 $8,623,242,743 $67,396,392,506
2020 $6,730,736,283 $57,059,846,522
2019 $7,383,496,254 $69,778,991,193
2018 $7,184,333,936 $67,316,471,181
2017 $6,430,254,653 $64,327,688,826
2016 $6,471,290,794 $59,760,858,718
2015 $6,264,756,528 $55,767,806,073
2014 $7,070,017,324 $51,427,104,882
2013 $6,555,591,710 $46,949,496,479
2012 $5,742,749,294 $41,595,439,721
2011 $6,088,689,808 $35,687,738,252
2010 $5,367,561,570 $30,231,009,533
2009 $5,474,379,252 $27,791,215,547
2008 $6,502,942,245 $25,721,327,955
2007 $5,875,790,766 $21,717,433,808
2006 $4,586,826,513 $18,659,721,513
2005 $4,204,652,899 $16,623,906,739
2004 $4,043,551,489 $15,100,203,362
2003 $3,597,089,751 $13,603,456,003
2002 $2,919,647,982 $12,800,851,271
2001 $2,673,723,034 $12,252,906,341
2000 $2,654,462,665 $11,966,497,049
1999 $2,907,118,641 $11,660,704,777
1998 $2,934,593,468 $11,019,557,689
1997 $2,840,195,190 $10,058,854,386
1996 $3,137,886,995 $9,197,503,323
1995 $3,130,309,995 $9,573,813,700
1994 $2,720,332,135 $9,365,289,800
1993 $2,574,494,356 $8,782,585,400
1992 $2,737,049,231 $8,042,337,700
1991 $2,480,540,845 $7,074,675,500
1990 $2,481,307,077 $6,433,967,000
1989 $2,010,083,833 $5,918,469,800
1988 $2,000,704,745 $5,902,783,400
1987 $1,839,081,463 $6,827,665,300
1986 $1,515,234,743 $6,797,834,200
1985 $1,082,867,507 $6,541,517,100
1984 $1,037,329,604 $6,183,387,100
1983 $1,092,560,365 $5,923,755,900
1982 $1,143,216,457 $5,769,767,900
1981 $1,205,188,648 $5,222,421,500
1980 $1,378,175,524 $4,614,086,400
1979 $1,209,870,147 $3,704,551,600
1978 $1,000,555,218 $3,244,558,600
1977 $811,191,392 $2,738,261,900
1976 $735,324,245 $2,588,106,000
1975 $711,978,962 $2,435,304,100
1974 $563,949,254 $2,188,307,600
1973 $523,554,039 $1,913,793,400
1972 $402,451,901 $1,673,411,700
1971 $327,706,210 $1,523,917,200
1970 $293,127,333 $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/monaco/panama | CC BY

Monaco and Panama economies compared

GDP per capita
Monaco

Panama
1x
Year GDP per capita
Monaco Panama
2024 $288,001 $19,161
2023 $256,800 $18,797
2022 $226,052 $17,379
2021 $223,823 $15,510
2020 $176,892 $13,291
2019 $193,747 $16,478
2018 $188,298 $16,151
2017 $170,663 $15,695
2016 $173,605 $14,832
2015 $170,437 $14,083
2014 $195,694 $13,213
2013 $184,941 $12,273
2012 $165,445 $11,065
2011 $179,364 $9,662
2010 $161,854 $8,331
2009 $169,150 $7,797
2008 $204,264 $7,348
2007 $184,559 $6,318
2006 $143,083 $5,529
2005 $130,539 $5,018
2004 $125,160 $4,645
2003 $111,110 $4,265
2002 $90,051 $4,091
2001 $82,403 $3,992
2000 $81,789 $3,975
1999 $89,698 $3,950
1998 $90,947 $3,808
1997 $88,582 $3,546
1996 $98,561 $3,308
1995 $99,032 $3,514
1994 $86,704 $3,508
1993 $82,685 $3,358
1992 $88,615 $3,140
1991 $80,997 $2,821
1990 $81,735 $2,620
1989 $66,816 $2,462
1988 $67,181 $2,509
1987 $62,456 $2,966
1986 $52,082 $3,019
1985 $37,690 $2,972
1984 $36,582 $2,875
1983 $39,076 $2,819
1982 $41,479 $2,811
1981 $44,157 $2,605
1980 $50,814 $2,357
1979 $44,990 $1,938
1978 $37,608 $1,738
1977 $30,875 $1,503
1976 $28,396 $1,457
1975 $27,921 $1,406
1974 $22,348 $1,296
1973 $20,882 $1,164
1972 $16,187 $1,046
1971 $13,334 $979
1970 $12,098 $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/monaco/panama | CC BY

Monaco vs. Panama life expectancy calculator

Life expectancy
Monaco

Panama
1x
Year Life expectancy, years
Monaco Panama
2026 86.7 80.1
2025 86.6 80
2024 86.5 79.8
2023 86.4 79.6
2022 85.7 79.3
2021 85.1 77
2020 86.1 76.3
2019 86.2 78.5
2018 86.1 78.3
2017 85.9 77.9
2016 85.6 77.8
2015 85.3 77.6
2014 85.1 77.4
2013 85.1 77.1
2012 85 76.9
2011 85 76.7
2010 84.6 76.4
2009 84.2 76.2
2008 83.8 75.9
2007 83.9 75.7
2006 84.2 75.4
2005 84.3 75.2
2004 84.2 74.8
2003 83.6 74.6
2002 83.1 74.2
2001 82.5 73.8
2000 82.1 73.4
1999 81.8 73.1
1998 81.6 72.8
1997 81.4 72.5
1996 81.1 72.2
1995 80.9 72
1994 80.7 71.9
1993 80.4 71.8
1992 80.1 71.5
1991 79.7 71.3
1990 79.4 71.3
1989 79.4 70.1
1988 79.4 70.9
1987 79.3 70.8
1986 78.4 70.7
1985 77.4 70.5
1984 76.4 70.4
1983 75.7 70.1
1982 75.3 69.9
1981 75 69.8
1980 74.9 69.5
1979 74.9 69.1
1978 74.7 68.7
1977 74.2 68.3
1976 73.8 67.8
1975 73.5 67.2
1974 73.4 66.6
1973 73.4 65.8
1972 73.4 65.2
1971 73.4 64.7
1970 73.3 64.1
1969 73.2 63.7
1968 73.2 63.2
1967 73.1 62.9
1966 73 62.6
1965 72.9 62.3
1964 72.7 62.1
1963 72.5 61.8
1962 72.4 61.4
1961 72.2 60.9
1960 71.9 60.3
1959 71.4 59.6
1958 71.1 58.9
1957 70.9 58.3
1956 70.7 57.9
1955 70.4 57.5
1954 70 57.2
1953 69.6 56.8
1952 68.9 56.4
1951 68.4 55.9
1950 68 55.4

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

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

Monaco and Panama population clocks and comparison

Population
Monaco

Panama
1x
Year Population
Monaco Panama
2024 38,631 4,515,577
2023 38,956 4,458,759
2022 38,931 4,400,773
2021 38,527 4,345,405
2020 38,050 4,293,261
2019 38,109 4,234,700
2018 38,154 4,167,860
2017 37,678 4,098,707
2016 37,276 4,029,086
2015 36,757 3,960,035
2014 36,128 3,892,101
2013 35,447 3,825,329
2012 34,711 3,759,256
2011 33,946 3,693,505
2010 33,163 3,628,535
2009 32,364 3,564,381
2008 31,836 3,500,648
2007 31,837 3,437,490
2006 32,057 3,375,024
2005 32,210 3,313,026
2004 32,307 3,251,155
2003 32,374 3,189,807
2002 32,422 3,129,344
2001 32,447 3,069,537
2000 32,455 3,010,369
1999 32,410 2,951,822
1998 32,267 2,893,914
1997 32,063 2,836,695
1996 31,837 2,780,227
1995 31,609 2,724,557
1994 31,375 2,669,546
1993 31,136 2,615,099
1992 30,887 2,561,336
1991 30,625 2,508,265
1990 30,358 2,455,583
1989 30,084 2,403,820
1988 29,781 2,352,848
1987 29,446 2,301,970
1986 29,093 2,251,325
1985 28,731 2,200,915
1984 28,356 2,150,782
1983 27,960 2,101,106
1982 27,561 2,052,271
1981 27,293 2,004,418
1980 27,122 1,957,534
1979 26,892 1,911,552
1978 26,605 1,866,311
1977 26,273 1,821,543
1976 25,895 1,776,935
1975 25,500 1,732,389
1974 25,235 1,687,926
1973 25,072 1,643,690
1972 24,862 1,599,723
1971 24,576 1,556,081
1970 24,229 1,513,070
1969 23,831 1,470,886
1968 23,437 1,429,447
1967 23,230 1,388,628
1966 23,131 1,348,388
1965 22,941 1,308,835
1964 22,686 1,270,065
1963 22,385 1,232,124
1962 22,078 1,195,301
1961 21,901 1,159,870
1960 21,808 1,126,005

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

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

Fertility rates in Monaco and Panama

Fertility rate
Monaco

Panama
1x
Year Fertility rate
Monaco Panama
2023 2.11 2.12
2022 2.11 2.14
2021 2.12 2.15
2020 2.38 2.18
2019 2.4 2.29
2018 2.49 2.4
2017 2.42 2.46
2016 2.58 2.5
2015 2.5 2.53
2014 2.49 2.55
2013 2.31 2.57
2012 2.29 2.59
2011 2.22 2.6
2010 2.38 2.59
2009 2.4 2.59
2008 2.38 2.61
2007 2.21 2.61
2006 2.1 2.62
2005 2.01 2.64
2004 1.99 2.68
2003 1.91 2.68
2002 2.01 2.7
2001 2.18 2.72
2000 2.08 2.74
1999 2.01 2.77
1998 1.95 2.79
1997 1.88 2.81
1996 1.82 2.83
1995 1.78 2.85
1994 1.76 2.88
1993 1.75 2.91
1992 1.76 2.95
1991 1.79 3
1990 1.85 3.07
1989 1.93 3.12
1988 2.01 3.17
1987 2.06 3.25
1986 2.11 3.34
1985 2.14 3.43
1984 2.17 3.52
1983 2.18 3.6
1982 2.2 3.66
1981 2.22 3.72
1980 2.24 3.8
1979 2.26 3.88
1978 2.28 3.98
1977 2.31 4.12
1976 2.33 4.26
1975 2.35 4.41
1974 2.38 4.58
1973 2.41 4.74
1972 2.44 4.91
1971 2.47 5.05
1970 2.5 5.18
1969 2.54 5.29
1968 2.57 5.41
1967 2.59 5.53
1966 2.63 5.65
1965 2.66 5.73
1964 2.69 5.81
1963 2.73 5.87
1962 2.76 5.87
1961 2.78 5.87
1960 2.81 5.83

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

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

Monaco and Panama demographics compared

Median age
Monaco

Panama
1x
Year Median age, years
Monaco Panama
2024 55 30.9
2023 55.3 30.6
2022 56 30.3
2021 56.2 30
2020 55.7 29.7
2019 55.6 29.4
2018 55.5 29.1
2017 55 28.8
2016 54.4 28.5
2015 53.7 28.3
2014 52.8 28
2013 52 27.8
2012 51.1 27.5
2011 50.1 27.2
2010 49.2 27
2009 48.3 26.7
2008 47.6 26.4
2007 47.1 26.1
2006 46.8 25.9
2005 46.5 25.6
2004 46.2 25.3
2003 46 25.1
2002 45.9 24.8
2001 45.8 24.5
2000 45.6 24.3
1999 45.3 24
1998 45 23.7
1997 44.9 23.5
1996 44.8 23.2
1995 44.7 22.9
1994 44.5 22.7
1993 44.4 22.4
1992 44.3 22.1
1991 44.3 21.8
1990 44.2 21.5
1989 43.9 21.3
1988 43.7 21
1987 43.5 20.7
1986 43.4 20.4
1985 43.4 20.2
1984 43.5 19.9
1983 43.8 19.7
1982 44.1 19.5
1981 44.2 19.2
1980 44.1 19
1979 44 18.8
1978 44 18.6
1977 44.2 18.4
1976 44.6 18.3
1975 45 18.1
1974 45.1 18
1973 44.9 17.8
1972 44.7 17.7
1971 44.7 17.7
1970 44.8 17.6
1969 45 17.6
1968 45.3 17.5
1967 45.2 17.5
1966 45 17.5
1965 44.8 17.5
1964 44.8 17.6
1963 45 17.6
1962 45.3 17.7
1961 45.4 17.8
1960 45.4 17.8

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

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

Interactive Maps

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

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National statistics comparison

Finance

Monaco Panama
GNI, Atlas method n/a
$81.3B
2024
Government expenditure, % of GDP
20%
2025
23.1%
2024
Education expenditure, % of GDP
1.73%
2023
2.47%
2023
Military expenditure, % of GDP n/a
0.97%
1999
Armed forces personnel n/a
28,000
2020
Deficit/surplus, % of GDP n/a
-7.42%
2024
Unemployment rate
6.33%
2016
8.61%
2024
Services, % of GDP
87.2%
2024
69.3%
2024
Industry, % of GDP
12.8%
2024
25.5%
2024
Economic freedom index
83
2025
64.9
2026
Income share by richest 10% n/a
37.6%
2024
Income share by poorest 10% n/a
1.2%
2024
Number of billionaires
2
2025
0
2025
Percentage of billionaires
0.006%
2025
0%
2025
Listed domestic companies n/a
36
2024
Market capitalization of domestic companies n/a
$18.3B
2024
Total reserves including gold n/a
$6.86B
2024
Personal remittances received n/a
$532M
2024
International tourist arrivals
159,000
2020
647,000
2020
International tourism as share of exports n/a
9.3%
2020
Banked people share n/a
64.1%
2024

Energy

Monaco Panama
Energy use, kg of oil equivalent per capita n/a
1,063 kg
2022
GDP PPP per kg equivalent of energy use n/a
$34.2
2022
Carbon dioxide (CO2) emissions n/a
12.4 megatons
2024
CO2 emissions per capita n/a
2.74 tons
2024
Fossil fuel energy use share n/a
76.5%
2022
Renewable energy use share n/a
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 n/a
79.3%
2021
Hydroelectric share n/a
66.3%
2022
Nuclear share n/a
0%
2021
Electricity access
100%
2023
97%
2023

Society

Monaco Panama
% of world population
0.0005%
2024
0.06%
2024
Annual migration change
+100
2025
+6,151
2025
Urban population
100%
2024
66%
2024
Male:Female ratio
48.9:51.1
2024
50:50
2024
Average male height n/a
5.58 ft
2025
Average female height n/a
5.19 ft
2025
Quality of life index
87.4
2026
60.2
2026
Corruption Perceptions Index
82
2025
33
2025
Higher education index
38
2026
40
2026
Homicides per 100K people
0
2008
11.3
2022
Road traffic mortality per 100K people
0
2013
13.9
2019
Visa free countries
166
2025
138
2025
Adult literacy rate
99%
2003
96.3%
2024
English speaking
40%
2025
14%
2023
People using the Internet
99.1%
2023
68.5%
2023

Health

Monaco Panama
Government health expenditure per capita
$8,004
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$677
2023
$630
2023
Life expectancy
86.7 years
2026
80.1 years
2026
Foreign aid share of health expenditure n/a
0.76%
2023
Physicians per 1,000 people
8.61
2020
1.63
2022
Age at first childbirth
32.5 years
2021
n/a
Maternal mortality per 100K births
5
2023
37
2023
Mortality rate before reaching 5 years of age
2.7
2023
13.3
2023
Obesity rate n/a
37.1%
2022
Diabetes prevalence
6.9%
2024
11.1%
2024
Air quality index
72
2026
79
2026
Tobacco use prevalence n/a
5.2%
2022
Pure alcohol consumption per capita n/a
4.66 liters
2020

Territory

Monaco Panama
% of world land
0.000001%
2026
0.05%
2026
Land area per capita
20.8 sq mi
2024
6,343 sq mi
2024
Agricultural land area n/a
8,456 sq mi
2026
Forest area
0 sq mi
2026
16,138 sq mi
2026
Roads length
47.8 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. Passport Index (2025, retrieved 2026-02-08)
  8. EduRank (2026, retrieved 2025-10-13)
  9. United Nations Economic Commission for Europe (UNECE) (2021, retrieved 2026-03-10)
  10. World Obesity Federation (2022, retrieved 2026-02-08)
  11. Transparency International (2025, retrieved 2026-02-10)
  12. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.