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Mongolia vs Panama statistics compared

Updated on by Georank team

Mongolia has a population of 3.52M (ranked 132/197), compared with 4.52M in Panama (ranked 128/197). Mongolia's land area is 601,740 sq mi versus 28,641 sq mi for Panama (ranked 18th vs. 115th).

By GDP, Mongolia ranks 121/197 ($23.8B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Mongolia ranks 105/197 ($6,751), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Mongolia Panama
Population
3620317
4642198
Population rank 132/197 128/197
GDP
$23.8B
2024
$86.5B
2024
GDP rank 121/197 78/197
GDP per capita
$6,751
2024
$19,161
2024
GDP per capita rank 105/197 60/197
GDP per capita, PPP
$19,145
2024
$41,369
2024
Government debt
$10.5B
2024
$49.6B
2024
Debt-to-GDP ratio
44.1%
2024
57.4%
2024
Government debt per person
$2,974
2024
$10,995
2024
Government debt per person rank 101/185 51/185
Average annual personal income after taxes
$5,311
2026
$10,196
2026
Land area 601,740 sq mi 28,641 sq mi
Population density
6 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
2.7
2023
2.12
2023
Median age
27.8 years
2024
30.9 years
2024
Life expectancy
72.5 years
2026
80.1 years
2026

Mongolia and Panama: Comparison Charts

Mongolia and Panama economies compared

GDP
Mongolia

Panama
1x
Year GDP
Mongolia Panama
2024 $23,794,540,025 $86,523,959,132
2023 $20,325,121,394 $83,812,155,244
2022 $17,146,471,714 $76,479,304,471
2021 $15,286,441,738 $67,396,392,506
2020 $13,312,981,429 $57,059,846,522
2019 $14,206,359,018 $69,778,991,193
2018 $13,178,094,720 $67,316,471,181
2017 $11,480,847,741 $64,327,688,826
2016 $11,181,350,649 $59,760,858,718
2015 $11,619,892,591 $55,767,806,073
2014 $12,226,514,668 $51,427,104,882
2013 $12,582,122,604 $46,949,496,479
2012 $12,292,770,632 $41,595,439,721
2011 $10,409,797,378 $35,687,738,252
2010 $7,189,481,999 $30,231,009,533
2009 $4,583,850,368 $27,791,215,547
2008 $5,623,216,608 $25,721,327,955
2007 $4,234,999,704 $21,717,433,808
2006 $3,414,055,662 $18,659,721,513
2005 $2,523,471,601 $16,623,906,739
2004 $1,992,066,808 $15,100,203,362
2003 $1,595,297,356 $13,603,456,003
2002 $1,396,555,720 $12,800,851,271
2001 $1,267,997,934 $12,252,906,341
2000 $1,136,896,124 $11,966,497,049
1999 $1,057,408,589 $11,660,704,777
1998 $1,124,440,205 $11,019,557,689
1997 $1,180,934,203 $10,058,854,386
1996 $1,345,719,472 $9,197,503,323
1995 $1,452,165,005 $9,573,813,700
1994 $925,817,092 $9,365,289,800
1993 $768,401,634 $8,782,585,400
1992 $1,317,611,864 $8,042,337,700
1991 $2,379,018,326 $7,074,675,500
1990 $2,560,785,660 $6,433,967,000
1989 $3,576,966,800 $5,918,469,800
1988 $3,204,461,567 $5,902,783,400
1987 $3,020,611,600 $6,827,665,300
1986 $2,896,178,867 $6,797,834,200
1985 $2,186,505,475 $6,541,517,100
1984 $2,098,734,600 $6,183,387,100
1983 $2,725,736,633 $5,923,755,900
1982 $2,552,401,933 $5,769,767,900
1981 $2,310,099,100 $5,222,421,500
1980 $2,101,394,100 $4,614,086,400
1979 - $3,704,551,600
1978 - $3,244,558,600
1977 - $2,738,261,900
1976 - $2,588,106,000
1975 - $2,435,304,100
1974 - $2,188,307,600
1973 - $1,913,793,400
1972 - $1,673,411,700
1971 - $1,523,917,200
1970 - $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/mongolia/panama | CC BY

Mongolia and Panama economies compared

GDP per capita
Mongolia

Panama
1x
Year GDP per capita
Mongolia Panama
2024 $6,751 $19,161
2023 $5,839 $18,797
2022 $4,994 $17,379
2021 $4,518 $15,510
2020 $4,001 $13,291
2019 $4,348 $16,478
2018 $4,108 $16,151
2017 $3,646 $15,695
2016 $3,620 $14,832
2015 $3,839 $14,083
2014 $4,126 $13,213
2013 $4,340 $12,273
2012 $4,329 $11,065
2011 $3,736 $9,662
2010 $2,625 $8,331
2009 $1,703 $7,797
2008 $2,127 $7,348
2007 $1,628 $6,318
2006 $1,330 $5,529
2005 $995 $5,018
2004 $794 $4,645
2003 $643 $4,265
2002 $570 $4,091
2001 $524 $3,992
2000 $476 $3,975
1999 $449 $3,950
1998 $484 $3,808
1997 $515 $3,546
1996 $596 $3,308
1995 $653 $3,514
1994 $423 $3,508
1993 $355 $3,358
1992 $608 $3,140
1991 $1,099 $2,821
1990 $1,220 $2,620
1989 $1,684 $2,462
1988 $1,543 $2,509
1987 $1,493 $2,966
1986 $1,469 $3,019
1985 $1,138 $2,972
1984 $1,120 $2,875
1983 $1,490 $2,819
1982 $1,430 $2,811
1981 $1,325 $2,605
1980 $1,235 $2,357
1979 - $1,938
1978 - $1,738
1977 - $1,503
1976 - $1,457
1975 - $1,406
1974 - $1,296
1973 - $1,164
1972 - $1,046
1971 - $979
1970 - $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/mongolia/panama | CC BY

Mongolia vs. Panama life expectancy calculator

Life expectancy
Mongolia

Panama
1x
Year Life expectancy, years
Mongolia Panama
2026 72.5 80.1
2025 72.2 80
2024 72 79.8
2023 71.7 79.6
2022 71.5 79.3
2021 68.6 77
2020 70 76.3
2019 70.7 78.5
2018 70.6 78.3
2017 70.2 77.9
2016 69.7 77.8
2015 69.2 77.6
2014 68.7 77.4
2013 68.2 77.1
2012 67.6 76.9
2011 67.2 76.7
2010 67.1 76.4
2009 67.2 76.2
2008 67.1 75.9
2007 66.5 75.7
2006 65.6 75.4
2005 64.8 75.2
2004 64.3 74.8
2003 64.1 74.6
2002 64 74.2
2001 63.8 73.8
2000 63.5 73.4
1999 62.8 73.1
1998 62.1 72.8
1997 61.4 72.5
1996 61 72.2
1995 60.9 72
1994 60.9 71.9
1993 60.8 71.8
1992 60.4 71.5
1991 59.8 71.3
1990 58.8 71.3
1989 58.1 70.1
1988 57.5 70.9
1987 57.1 70.8
1986 56.8 70.7
1985 56.4 70.5
1984 56.1 70.4
1983 55.9 70.1
1982 55.6 69.9
1981 55.4 69.8
1980 55.2 69.5
1979 55.1 69.1
1978 54.9 68.7
1977 54.8 68.3
1976 54.6 67.8
1975 54.3 67.2
1974 54 66.6
1973 53.6 65.8
1972 53.1 65.2
1971 52.6 64.7
1970 52 64.1
1969 51.4 63.7
1968 50.8 63.2
1967 50.1 62.9
1966 49.4 62.6
1965 48.7 62.3
1964 47.9 62.1
1963 47.1 61.8
1962 46.3 61.4
1961 45.4 60.9
1960 44.5 60.3
1959 43.7 59.6
1958 42.8 58.9
1957 40.4 58.3
1956 41.4 57.9
1955 40.7 57.5
1954 40.2 57.2
1953 39.8 56.8
1952 39.4 56.4
1951 39.1 55.9
1950 38.6 55.4

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

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

Mongolia and Panama population clocks and comparison

Population
Mongolia

Panama
1x
Year Population
Mongolia Panama
2024 3,524,788 4,515,577
2023 3,481,145 4,458,759
2022 3,433,748 4,400,773
2021 3,383,741 4,345,405
2020 3,327,204 4,293,261
2019 3,267,673 4,234,700
2018 3,208,189 4,167,860
2017 3,148,917 4,098,707
2016 3,088,856 4,029,086
2015 3,026,864 3,960,035
2014 2,963,113 3,892,101
2013 2,899,011 3,825,329
2012 2,839,705 3,759,256
2011 2,786,317 3,693,505
2010 2,738,622 3,628,535
2009 2,691,115 3,564,381
2008 2,643,201 3,500,648
2007 2,601,850 3,437,490
2006 2,567,168 3,375,024
2005 2,536,407 3,313,026
2004 2,508,412 3,251,155
2003 2,480,374 3,189,807
2002 2,449,027 3,129,344
2001 2,417,751 3,069,537
2000 2,388,299 3,010,369
1999 2,356,813 2,951,822
1998 2,323,809 2,893,914
1997 2,291,750 2,836,695
1996 2,259,507 2,780,227
1995 2,224,945 2,724,557
1994 2,189,395 2,669,546
1993 2,165,130 2,615,099
1992 2,167,790 2,561,336
1991 2,165,342 2,508,265
1990 2,098,710 2,455,583
1989 2,124,185 2,403,820
1988 2,076,322 2,352,848
1987 2,022,800 2,301,970
1986 1,970,965 2,251,325
1985 1,921,514 2,200,915
1984 1,874,349 2,150,782
1983 1,829,092 2,101,106
1982 1,785,364 2,052,271
1981 1,742,857 2,004,418
1980 1,701,335 1,957,534
1979 1,660,659 1,911,552
1978 1,619,468 1,866,311
1977 1,576,245 1,821,543
1976 1,531,945 1,776,935
1975 1,488,296 1,732,389
1974 1,446,050 1,687,926
1973 1,405,502 1,643,690
1972 1,366,821 1,599,723
1971 1,330,071 1,556,081
1970 1,295,272 1,513,070
1969 1,262,284 1,470,886
1968 1,229,930 1,429,447
1967 1,196,996 1,388,628
1966 1,163,754 1,348,388
1965 1,131,177 1,308,835
1964 1,100,234 1,270,065
1963 1,071,362 1,232,124
1962 1,041,444 1,195,301
1961 1,009,284 1,159,870
1960 977,595 1,126,005

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

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

Fertility rates in Mongolia and Panama

Fertility rate
Mongolia

Panama
1x
Year Fertility rate
Mongolia Panama
2023 2.7 2.12
2022 2.7 2.14
2021 2.8 2.15
2020 2.9 2.18
2019 3 2.29
2018 2.9 2.4
2017 2.8 2.46
2016 3 2.5
2015 3 2.53
2014 3.1 2.55
2013 3 2.57
2012 2.7 2.59
2011 2.6 2.6
2010 2.4 2.59
2009 2.8 2.59
2008 2.6 2.61
2007 2.3 2.61
2006 2.1 2.62
2005 2 2.64
2004 2 2.68
2003 2 2.68
2002 2.1 2.7
2001 2.2 2.72
2000 2.2 2.74
1999 2.3 2.77
1998 2.3 2.79
1997 2.4 2.81
1996 2.5 2.83
1995 2.77 2.85
1994 2.7 2.88
1993 2.5 2.91
1992 3.5 2.95
1991 4 3
1990 4.5 3.07
1989 4.42 3.12
1988 4.65 3.17
1987 4.83 3.25
1986 5.03 3.34
1985 5.26 3.43
1984 5.45 3.52
1983 5.63 3.6
1982 5.8 3.66
1981 5.98 3.72
1980 6.21 3.8
1979 6.42 3.88
1978 6.62 3.98
1977 6.79 4.12
1976 6.93 4.26
1975 7.07 4.41
1974 7.17 4.58
1973 7.24 4.74
1972 7.28 4.91
1971 7.3 5.05
1970 7.31 5.18
1969 7.34 5.29
1968 7.37 5.41
1967 7.39 5.53
1966 7.41 5.65
1965 7.38 5.73
1964 7.33 5.81
1963 7.24 5.87
1962 7.1 5.87
1961 6.96 5.87
1960 6.82 5.83

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

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

Mongolia and Panama demographics compared

Median age
Mongolia

Panama
1x
Year Median age, years
Mongolia Panama
2024 27.8 30.9
2023 27.7 30.6
2022 27.6 30.3
2021 27.4 30
2020 27.3 29.7
2019 27.2 29.4
2018 27.1 29.1
2017 27 28.8
2016 26.9 28.5
2015 26.7 28.3
2014 26.5 28
2013 26.3 27.8
2012 26.1 27.5
2011 25.8 27.2
2010 25.4 27
2009 25.1 26.7
2008 24.8 26.4
2007 24.5 26.1
2006 24.2 25.9
2005 23.8 25.6
2004 23.4 25.3
2003 23 25.1
2002 22.6 24.8
2001 22.2 24.5
2000 21.8 24.3
1999 21.4 24
1998 21 23.7
1997 20.7 23.5
1996 20.4 23.2
1995 20 22.9
1994 19.8 22.7
1993 19.5 22.4
1992 19.3 22.1
1991 19.1 21.8
1990 19 21.5
1989 18.8 21.3
1988 18.7 21
1987 18.7 20.7
1986 18.6 20.4
1985 18.5 20.2
1984 18.4 19.9
1983 18.2 19.7
1982 18 19.5
1981 17.9 19.2
1980 17.7 19
1979 17.5 18.8
1978 17.4 18.6
1977 17.3 18.4
1976 17.2 18.3
1975 17.2 18.1
1974 17.2 18
1973 17.2 17.8
1972 17.3 17.7
1971 17.5 17.7
1970 17.7 17.6
1969 18 17.6
1968 18.4 17.5
1967 19 17.5
1966 19.6 17.5
1965 20.3 17.5
1964 21 17.6
1963 21.7 17.6
1962 22.2 17.7
1961 22.5 17.8
1960 22.8 17.8

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

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

Interactive Maps

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National statistics comparison

Finance

Mongolia Panama
GNI, Atlas method
$19B
2024
$81.3B
2024
Government expenditure, % of GDP
37.5%
2024
23.1%
2024
Education expenditure, % of GDP
3.66%
2023
2.47%
2023
Military expenditure, % of GDP
0.74%
2024
0.97%
1999
Armed forces personnel
18,000
2020
28,000
2020
Deficit/surplus, % of GDP
+1.39%
2024
-7.42%
2024
Unemployment rate
5.81%
2024
8.61%
2024
Services, % of GDP
44.3%
2024
69.3%
2024
Industry, % of GDP
38.1%
2024
25.5%
2024
Economic freedom index
63.9
2026
64.9
2026
Income share by richest 10%
24.6%
2022
37.6%
2024
Income share by poorest 10%
3.4%
2022
1.2%
2024
Number of billionaires n/a
0
2025
Percentage of billionaires n/a
0%
2025
Listed domestic companies n/a
36
2024
Market capitalization of domestic companies n/a
$18.3B
2024
Total reserves including gold
$5.51B
2024
$6.86B
2024
Personal remittances received
$528M
2024
$532M
2024
International tourist arrivals
66,900
2020
647,000
2020
International tourism as share of exports
0.64%
2020
9.3%
2020
Banked people share
98.3%
2024
64.1%
2024

Energy

Mongolia Panama
Energy use, kg of oil equivalent per capita
1,891 kg
2022
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$8.68
2022
$34.2
2022
Carbon dioxide (CO2) emissions
27.7 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
7.85 tons
2024
2.74 tons
2024
Fossil fuel energy use share
94.7%
2022
76.5%
2022
Renewable energy use share
3%
2021
28%
2021
Alternative and nuclear energy use share
1.01%
2022
17.3%
2022
Net energy imports use share
-226.4%
2022
171.2%
2022
Electric power consumption per capita
2,546 kWh
2022
2,546 kWh
2022
Renewable electricity output share
10.9%
2021
79.3%
2021
Hydroelectric share
0.81%
2022
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
97%
2023

Society

Mongolia Panama
% of world population
0.04%
2024
0.06%
2024
Annual migration change
+79
2025
+6,151
2025
Urban population
71%
2024
66%
2024
Male:Female ratio
49.9:50.1
2024
50:50
2024
Average male height
5.6 ft
2025
5.58 ft
2025
Average female height
5.25 ft
2025
5.19 ft
2025
Quality of life index
49
2026
60.2
2026
Corruption Perceptions Index
31
2025
33
2025
Higher education index
38
2026
40
2026
Homicides per 100K people
5.59
2024
11.3
2022
Road traffic mortality per 100K people
21
2019
13.9
2019
Visa free countries
77
2025
138
2025
Adult literacy rate
98.6%
2023
96.3%
2024
English speaking
1%
2025
14%
2023
People using the Internet
83%
2023
68.5%
2023

Health

Mongolia Panama
Government health expenditure per capita
$360
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$175.5
2023
$630
2023
Life expectancy
72.5 years
2026
80.1 years
2026
Foreign aid share of health expenditure
3.8%
2023
0.76%
2023
Physicians per 1,000 people
4.13
2022
1.63
2022
Age at first childbirth
20.5 years
2025
n/a
Maternal mortality per 100K births
41
2023
37
2023
Mortality rate before reaching 5 years of age
13.6
2023
13.3
2023
Obesity rate
24.8%
2022
37.1%
2022
Diabetes prevalence
10.3%
2024
11.1%
2024
Air quality index
24
2026
79
2026
Tobacco use prevalence
29.5%
2022
5.2%
2022
Pure alcohol consumption per capita
7.68 liters
2020
4.66 liters
2020

Territory

Mongolia Panama
% of world land
1.05%
2026
0.05%
2026
Land area per capita
170,717 sq mi
2024
6,343 sq mi
2024
Agricultural land area
414,933 sq mi
2026
8,456 sq mi
2026
Forest area
54,709 sq mi
2026
16,138 sq mi
2026
Roads length
70,339 mi
2017
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) (2000–2025, 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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