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Norway vs Panama statistics compared

Updated on by Georank team

Norway has a population of 5.57M (ranked 118/197), compared with 4.52M in Panama (ranked 128/197). Norway's land area is 140,645 sq mi versus 28,641 sq mi for Panama (ranked 62nd vs. 115th).

By GDP, Norway ranks 32/197 ($484B) and Panama ranks 78/197 ($86.5B). By GDP per capita, Norway ranks 8/197 ($86,785), while Panama ranks 60/197 ($19,161).

Main facts and rankings

Norway Panama
Population
5671119
4642198
Population rank 119/197 128/197
GDP
$484B
2024
$86.5B
2024
GDP rank 32/197 78/197
GDP per capita
$86,785
2024
$19,161
2024
GDP per capita rank 8/197 60/197
GDP per capita, PPP
$102,038
2024
$41,369
2024
Government debt
$207B
2024
$49.6B
2024
Debt-to-GDP ratio
42.7%
2024
57.4%
2024
Government debt per person
$37,074
2024
$10,995
2024
Government debt per person rank 17/185 51/185
Average annual personal income after taxes
$49,765
2026
$10,196
2026
Land area 140,645 sq mi 28,641 sq mi
Population density
40.3 ppl/mi²
2026
161.6 ppl/mi²
2026
Fertility rate
1.4
2023
2.12
2023
Median age
40.7 years
2024
30.9 years
2024
Life expectancy
83.8 years
2026
80.1 years
2026

Norway and Panama: Comparison Charts

Norway and Panama economies compared

GDP
Norway

Panama
1x
Year GDP
Norway Panama
2024 $483,592,648,313 $86,523,959,132
2023 $482,949,731,777 $83,812,155,244
2022 $596,297,651,036 $76,479,304,471
2021 $503,367,986,030 $67,396,392,506
2020 $367,633,418,887 $57,059,846,522
2019 $408,742,840,909 $69,778,991,193
2018 $439,788,625,884 $67,316,471,181
2017 $401,745,275,035 $64,327,688,826
2016 $370,956,547,619 $59,760,858,718
2015 $388,159,512,246 $55,767,806,073
2014 $501,736,471,833 $51,427,104,882
2013 $526,014,468,085 $46,949,496,479
2012 $512,777,309,841 $41,595,439,721
2011 $501,360,549,669 $35,687,738,252
2010 $431,052,143,940 $30,231,009,533
2009 $387,976,400,617 $27,791,215,547
2008 $464,917,553,191 $25,721,327,955
2007 $402,643,260,488 $21,717,433,808
2006 $346,915,160,682 $18,659,721,513
2005 $309,978,579,744 $16,623,906,739
2004 $265,268,662,473 $15,100,203,362
2003 $229,385,469,337 $13,603,456,003
2002 $195,914,852,576 $12,800,851,271
2001 $174,239,354,071 $12,252,906,341
2000 $171,457,201,936 $11,966,497,049
1999 $162,383,706,021 $11,660,704,777
1998 $154,230,295,158 $11,019,557,689
1997 $161,356,631,888 $10,058,854,386
1996 $163,520,109,151 $9,197,503,323
1995 $152,029,612,325 $9,573,813,700
1994 $127,131,319,429 $9,365,289,800
1993 $120,579,213,713 $8,782,585,400
1992 $130,838,040,068 $8,042,337,700
1991 $121,872,464,483 $7,074,675,500
1990 $119,791,843,060 $6,433,967,000
1989 $102,633,934,391 $5,918,469,800
1988 $101,900,260,856 $5,902,783,400
1987 $94,229,907,236 $6,827,665,300
1986 $78,693,118,044 $6,797,834,200
1985 $65,416,879,914 $6,541,517,100
1984 $62,057,955,033 $6,183,387,100
1983 $61,627,240,831 $5,923,755,900
1982 $62,647,195,538 $5,769,767,900
1981 $63,596,654,761 $5,222,421,500
1980 $64,439,382,896 $4,614,086,400
1979 $53,132,244,624 $3,704,551,600
1978 $46,522,900,254 $3,244,558,600
1977 $41,508,030,431 $2,738,261,900
1976 $35,942,270,686 $2,588,106,000
1975 $32,877,805,200 $2,435,304,100
1974 $27,145,693,810 $2,188,307,600
1973 $22,534,253,703 $1,913,793,400
1972 $17,358,610,850 $1,673,411,700
1971 $14,583,114,840 $1,523,917,200
1970 $12,814,123,115 $1,351,006,400
1969 $11,136,187,440 $1,221,305,700
1968 $10,227,087,165 $1,112,791,100
1967 $9,577,383,653 $1,034,376,400
1966 $8,753,940,267 $928,833,000
1965 $8,111,945,661 $852,485,300
1964 $7,206,522,122 $776,137,500
1963 $6,553,269,536 $722,784,500
1962 $6,107,076,929 $652,120,900
1961 $5,669,689,210 $599,026,300
1960 $5,197,398,721 $537,147,100

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

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

Norway and Panama economies compared

GDP per capita
Norway

Panama
1x
Year GDP per capita
Norway Panama
2024 $86,785 $19,161
2023 $87,497 $18,797
2022 $109,270 $17,379
2021 $93,073 $15,510
2020 $68,340 $13,291
2019 $76,431 $16,478
2018 $82,793 $16,151
2017 $76,132 $15,695
2016 $70,867 $14,832
2015 $74,810 $14,083
2014 $97,667 $13,213
2013 $103,554 $12,273
2012 $102,176 $11,065
2011 $101,222 $9,662
2010 $88,163 $8,331
2009 $80,348 $7,797
2008 $97,504 $7,348
2007 $85,502 $6,318
2006 $74,434 $5,529
2005 $67,047 $5,018
2004 $57,769 $4,645
2003 $50,250 $4,265
2002 $43,171 $4,091
2001 $38,602 $3,992
2000 $38,178 $3,975
1999 $36,393 $3,950
1998 $34,803 $3,808
1997 $36,629 $3,546
1996 $37,322 $3,308
1995 $34,876 $3,514
1994 $29,316 $3,508
1993 $27,964 $3,358
1992 $30,524 $3,140
1991 $28,597 $2,821
1990 $28,243 $2,620
1989 $24,281 $2,462
1988 $24,207 $2,509
1987 $22,506 $2,966
1986 $18,883 $3,019
1985 $15,754 $2,972
1984 $14,989 $2,875
1983 $14,928 $2,819
1982 $15,225 $2,811
1981 $15,513 $2,605
1980 $15,772 $2,357
1979 $13,047 $1,938
1978 $11,463 $1,738
1977 $10,266 $1,503
1976 $8,927 $1,457
1975 $8,204 $1,406
1974 $6,812 $1,296
1973 $5,690 $1,164
1972 $4,414 $1,046
1971 $3,736 $979
1970 $3,306 $893
1969 $2,894 $830
1968 $2,680 $778
1967 $2,531 $745
1966 $2,333 $689
1965 $2,179 $651
1964 $1,951 $611
1963 $1,787 $587
1962 $1,678 $546
1961 $1,571 $516
1960 $1,451 $477

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

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

Norway vs. Panama life expectancy calculator

Life expectancy
Norway

Panama
1x
Year Life expectancy, years
Norway Panama
2026 83.8 80.1
2025 83.6 80
2024 83.5 79.8
2023 83.3 79.6
2022 82.6 79.3
2021 83.2 77
2020 83.2 76.3
2019 83 78.5
2018 82.8 78.3
2017 82.6 77.9
2016 82.4 77.8
2015 82.3 77.6
2014 82.1 77.4
2013 81.7 77.1
2012 81.4 76.9
2011 81.2 76.7
2010 81 76.4
2009 80.9 76.2
2008 80.7 75.9
2007 80.5 75.7
2006 80.4 75.4
2005 80.2 75.2
2004 80 74.8
2003 79.5 74.6
2002 79 74.2
2001 78.9 73.8
2000 78.7 73.4
1999 78.4 73.1
1998 78.4 72.8
1997 78.2 72.5
1996 78.2 72.2
1995 77.8 72
1994 77.8 71.9
1993 77.2 71.8
1992 77.2 71.5
1991 77 71.3
1990 76.6 71.3
1989 76.5 70.1
1988 76.3 70.9
1987 76.1 70.8
1986 76.3 70.7
1985 75.9 70.5
1984 76.2 70.4
1983 76.1 70.1
1982 76 69.9
1981 75.9 69.8
1980 75.7 69.5
1979 75.4 69.1
1978 75.4 68.7
1977 75.4 68.3
1976 75 67.8
1975 74.8 67.2
1974 74.8 66.6
1973 74.4 65.8
1972 74.3 65.2
1971 74.2 64.7
1970 74.1 64.1
1969 73.7 63.7
1968 73.9 63.2
1967 74.1 62.9
1966 74 62.6
1965 73.7 62.3
1964 73.6 62.1
1963 73.1 61.8
1962 73.5 61.4
1961 73.6 60.9
1960 73.6 60.3
1959 73.6 59.6
1958 73.4 58.9
1957 73.4 58.3
1956 73.5 57.9
1955 73.4 57.5
1954 73.2 57.2
1953 73.1 56.8
1952 72.7 56.4
1951 72.5 55.9
1950 71.6 55.4

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

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

Norway and Panama population clocks and comparison

Population
Norway

Panama
1x
Year Population
Norway Panama
2024 5,572,279 4,515,577
2023 5,519,601 4,458,759
2022 5,457,127 4,400,773
2021 5,408,320 4,345,405
2020 5,379,475 4,293,261
2019 5,347,896 4,234,700
2018 5,311,916 4,167,860
2017 5,276,968 4,098,707
2016 5,234,519 4,029,086
2015 5,188,607 3,960,035
2014 5,137,232 3,892,101
2013 5,079,623 3,825,329
2012 5,018,573 3,759,256
2011 4,953,088 3,693,505
2010 4,889,252 3,628,535
2009 4,828,726 3,564,381
2008 4,768,212 3,500,648
2007 4,709,153 3,437,490
2006 4,660,677 3,375,024
2005 4,623,291 3,313,026
2004 4,591,910 3,251,155
2003 4,564,855 3,189,807
2002 4,538,159 3,129,344
2001 4,513,751 3,069,537
2000 4,490,967 3,010,369
1999 4,461,913 2,951,822
1998 4,431,464 2,893,914
1997 4,405,157 2,836,695
1996 4,381,336 2,780,227
1995 4,359,184 2,724,557
1994 4,336,613 2,669,546
1993 4,311,991 2,615,099
1992 4,286,401 2,561,336
1991 4,261,732 2,508,265
1990 4,241,473 2,455,583
1989 4,226,901 2,403,820
1988 4,209,488 2,352,848
1987 4,186,905 2,301,970
1986 4,167,354 2,251,325
1985 4,152,516 2,200,915
1984 4,140,099 2,150,782
1983 4,128,432 2,101,106
1982 4,114,787 2,052,271
1981 4,099,702 2,004,418
1980 4,085,620 1,957,534
1979 4,072,517 1,911,552
1978 4,058,671 1,866,311
1977 4,043,205 1,821,543
1976 4,026,152 1,776,935
1975 4,007,313 1,732,389
1974 3,985,258 1,687,926
1973 3,960,612 1,643,690
1972 3,933,004 1,599,723
1971 3,903,039 1,556,081
1970 3,875,763 1,513,070
1969 3,847,707 1,470,886
1968 3,816,486 1,429,447
1967 3,784,539 1,388,628
1966 3,753,012 1,348,388
1965 3,723,168 1,308,835
1964 3,694,339 1,270,065
1963 3,666,537 1,232,124
1962 3,638,918 1,195,301
1961 3,609,800 1,159,870
1960 3,581,239 1,126,005

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

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

Fertility rates in Norway and Panama

Fertility rate
Norway

Panama
1x
Year Fertility rate
Norway Panama
2023 1.4 2.12
2022 1.41 2.14
2021 1.55 2.15
2020 1.48 2.18
2019 1.53 2.29
2018 1.56 2.4
2017 1.62 2.46
2016 1.71 2.5
2015 1.72 2.53
2014 1.75 2.55
2013 1.78 2.57
2012 1.85 2.59
2011 1.88 2.6
2010 1.95 2.59
2009 1.98 2.59
2008 1.96 2.61
2007 1.9 2.61
2006 1.9 2.62
2005 1.84 2.64
2004 1.83 2.68
2003 1.8 2.68
2002 1.75 2.7
2001 1.78 2.72
2000 1.85 2.74
1999 1.85 2.77
1998 1.81 2.79
1997 1.86 2.81
1996 1.89 2.83
1995 1.87 2.85
1994 1.87 2.88
1993 1.86 2.91
1992 1.88 2.95
1991 1.92 3
1990 1.93 3.07
1989 1.89 3.12
1988 1.84 3.17
1987 1.74 3.25
1986 1.71 3.34
1985 1.68 3.43
1984 1.66 3.52
1983 1.66 3.6
1982 1.71 3.66
1981 1.7 3.72
1980 1.72 3.8
1979 1.75 3.88
1978 1.77 3.98
1977 1.75 4.12
1976 1.86 4.26
1975 1.98 4.41
1974 2.13 4.58
1973 2.23 4.74
1972 2.38 4.91
1971 2.49 5.05
1970 2.5 5.18
1969 2.7 5.29
1968 2.75 5.41
1967 2.81 5.53
1966 2.9 5.65
1965 2.94 5.73
1964 2.98 5.81
1963 2.93 5.87
1962 2.91 5.87
1961 2.94 5.87
1960 2.85 5.83

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

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

Norway and Panama demographics compared

Median age
Norway

Panama
1x
Year Median age, years
Norway Panama
2024 40.7 30.9
2023 40.5 30.6
2022 40.4 30.3
2021 40.3 30
2020 40 29.7
2019 39.8 29.4
2018 39.6 29.1
2017 39.4 28.8
2016 39.3 28.5
2015 39.2 28.3
2014 39 28
2013 38.9 27.8
2012 38.8 27.5
2011 38.7 27.2
2010 38.6 27
2009 38.5 26.7
2008 38.4 26.4
2007 38.3 26.1
2006 38.1 25.9
2005 37.9 25.6
2004 37.7 25.3
2003 37.5 25.1
2002 37.3 24.8
2001 37.1 24.5
2000 36.9 24.3
1999 36.7 24
1998 36.5 23.7
1997 36.4 23.5
1996 36.2 23.2
1995 36.1 22.9
1994 35.9 22.7
1993 35.8 22.4
1992 35.7 22.1
1991 35.5 21.8
1990 35.4 21.5
1989 35.2 21.3
1988 35.1 21
1987 34.9 20.7
1986 34.8 20.4
1985 34.6 20.2
1984 34.4 19.9
1983 34.1 19.7
1982 33.9 19.5
1981 33.6 19.2
1980 33.3 19
1979 33.1 18.8
1978 32.9 18.6
1977 32.7 18.4
1976 32.6 18.3
1975 32.5 18.1
1974 32.4 18
1973 32.4 17.8
1972 32.5 17.7
1971 32.7 17.7
1970 32.9 17.6
1969 33.2 17.6
1968 33.5 17.5
1967 33.7 17.5
1966 33.9 17.5
1965 34.1 17.5
1964 34.2 17.6
1963 34.3 17.6
1962 34.4 17.7
1961 34.4 17.8
1960 34.3 17.8

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

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

Interactive Maps

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

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National statistics comparison

Finance

Norway Panama
GNI, Atlas method
$547B
2024
$81.3B
2024
Government expenditure, % of GDP
48.5%
2024
23.1%
2024
Education expenditure, % of GDP
5.46%
2022
2.47%
2023
Military expenditure, % of GDP
2.09%
2024
0.97%
1999
Armed forces personnel
25,000
2020
28,000
2020
Deficit/surplus, % of GDP
+13.2%
2024
-7.42%
2024
Unemployment rate
3.98%
2024
8.61%
2024
Services, % of GDP
51.8%
2024
69.3%
2024
Industry, % of GDP
37%
2024
25.5%
2024
Economic freedom index
78.8
2026
64.9
2026
Income share by richest 10%
21.6%
2023
37.6%
2024
Income share by poorest 10%
3.6%
2023
1.2%
2024
Number of millionaires
348,000
2025
n/a
Percentage of millionaires
8.03%
2025
n/a
Number of billionaires
17
2025
0
2025
Percentage of billionaires
0.0004%
2025
0%
2025
Listed domestic companies
180
2017
36
2024
Market capitalization of domestic companies
$296B
2019
$18.3B
2024
Total reserves including gold
$81.2B
2024
$6.86B
2024
Personal remittances received
$947M
2024
$532M
2024
International tourist arrivals
1,397,000
2020
647,000
2020
International tourism as share of exports
1.86%
2020
9.3%
2020
Banked people share
98.6%
2024
64.1%
2024

Energy

Norway Panama
Energy use, kg of oil equivalent per capita
4,885 kg
2023
1,063 kg
2022
GDP PPP per kg equivalent of energy use
$21.2
2023
$34.2
2022
Carbon dioxide (CO2) emissions
40 megatons
2024
12.4 megatons
2024
CO2 emissions per capita
7.18 tons
2024
2.74 tons
2024
Fossil fuel energy use share
46.3%
2023
76.5%
2022
Renewable energy use share
61.4%
2021
28%
2021
Alternative and nuclear energy use share
48.2%
2023
17.3%
2022
Net energy imports use share
-704%
2023
171.2%
2022
Electric power consumption per capita
23,520 kWh
2023
2,546 kWh
2022
Renewable electricity output share
99.1%
2021
79.3%
2021
Hydroelectric share
89.1%
2023
66.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
97%
2023

Society

Norway Panama
% of world population
0.07%
2024
0.06%
2024
Annual migration change
+29,798
2025
+6,151
2025
Urban population
83.3%
2024
66%
2024
Male:Female ratio
50.4:49.6
2024
50:50
2024
Average male height
5.92 ft
2025
5.58 ft
2025
Average female height
5.46 ft
2025
5.19 ft
2025
Quality of life index
94.8
2026
60.2
2026
Corruption Perceptions Index
81
2025
33
2025
Higher education index
93
2026
40
2026
Homicides per 100K people
0.73
2023
11.3
2022
Road traffic mortality per 100K people
2.1
2019
13.9
2019
Visa free countries
172
2025
138
2025
Adult literacy rate
95%
2013
96.3%
2024
English speaking
87.6%
2023
14%
2023
People using the Internet
99%
2023
68.5%
2023

Health

Norway Panama
Government health expenditure per capita
$8,296
2023
$1,558
2023
Out-of-pocket health expenditure per capita
$1,136
2023
$630
2023
Life expectancy
83.8 years
2026
80.1 years
2026
Foreign aid share of health expenditure
0%
2023
0.76%
2023
Physicians per 1,000 people
4.97
2023
1.63
2022
Age at first childbirth
30.1 years
2023
n/a
Maternal mortality per 100K births
1
2023
37
2023
Mortality rate before reaching 5 years of age
2.4
2023
13.3
2023
Obesity rate
19.5%
2022
37.1%
2022
Diabetes prevalence
4.8%
2024
11.1%
2024
Air quality index
87
2026
79
2026
Tobacco use prevalence
14.2%
2022
5.2%
2022
Pure alcohol consumption per capita
7.38 liters
2020
4.66 liters
2020

Territory

Norway Panama
% of world land
0.24%
2026
0.05%
2026
Land area per capita
25,240 sq mi
2024
6,343 sq mi
2024
Agricultural land area
3,792 sq mi
2026
8,456 sq mi
2026
Forest area
47,118 sq mi
2026
16,138 sq mi
2026
Roads length
60,737 mi
2025
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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