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Panama vs Paraguay statistics compared

Updated on by Georank team

Panama has a population of 4.52M (ranked 128/197), compared with 6.93M in Paraguay (ranked 107/197). Panama's land area is 28,641 sq mi versus 152,901 sq mi for Paraguay (ranked 115th vs. 59th).

By GDP, Panama ranks 78/197 ($86.5B) and Paraguay ranks 98/197 ($44.5B). By GDP per capita, Panama ranks 60/197 ($19,161), while Paraguay ranks 109/197 ($6,416).

Main facts and rankings

Panama Paraguay
Population
4642198
7120169
Population rank 128/197 108/197
GDP
$86.5B
2024
$44.5B
2024
GDP rank 78/197 98/197
GDP per capita
$19,161
2024
$6,416
2024
GDP per capita rank 60/197 109/197
GDP per capita, PPP
$41,369
2024
$18,524
2024
Government debt
$49.6B
2024
$19.9B
2024
Debt-to-GDP ratio
57.4%
2024
44.8%
2024
Government debt per person
$10,995
2024
$2,872
2024
Government debt per person rank 51/185 103/185
Average annual personal income after taxes
$10,196
2026
$6,136
2026
Land area 28,641 sq mi 152,901 sq mi
Population density
161.6 ppl/mi²
2026
46.4 ppl/mi²
2026
Fertility rate
2.12
2023
2.42
2023
Median age
30.9 years
2024
27.7 years
2024
Life expectancy
80.1 years
2026
74.2 years
2026

Panama and Paraguay: Comparison Charts

Panama and Paraguay economies compared

GDP
Panama

Paraguay
1x
Year GDP
Panama Paraguay
2024 $86,523,959,132 $44,458,118,397
2023 $83,812,155,244 $43,118,053,175
2022 $76,479,304,471 $41,952,910,858
2021 $67,396,392,506 $39,950,899,939
2020 $57,059,846,522 $35,432,178,068
2019 $69,778,991,193 $37,925,338,329
2018 $67,316,471,181 $40,225,448,341
2017 $64,327,688,826 $38,997,129,474
2016 $59,760,858,718 $36,089,700,223
2015 $55,767,806,073 $36,211,447,840
2014 $51,427,104,882 $40,377,929,296
2013 $46,949,496,479 $38,501,122,141
2012 $41,595,439,721 $33,271,921,136
2011 $35,687,738,252 $33,756,238,766
2010 $30,231,009,533 $27,260,886,405
2009 $27,791,215,547 $22,355,151,162
2008 $25,721,327,955 $24,615,267,664
2007 $21,717,433,808 $17,856,393,235
2006 $18,659,721,513 $13,429,430,050
2005 $16,623,906,739 $10,737,500,188
2004 $15,100,203,362 $9,624,440,836
2003 $13,603,456,003 $7,691,367,471
2002 $12,800,851,271 $7,196,260,657
2001 $12,252,906,341 $8,495,806,432
2000 $11,966,497,049 $8,855,705,140
1999 $11,660,704,777 $8,837,070,236
1998 $11,019,557,689 $9,260,481,572
1997 $10,058,854,386 $9,965,225,678
1996 $9,197,503,323 $9,788,391,781
1995 $9,573,813,700 $9,062,131,475
1994 $9,365,289,800 $7,870,982,005
1993 $8,782,585,400 $7,249,533,620
1992 $8,042,337,700 $7,157,424,031
1991 $7,074,675,500 $6,984,367,763
1990 $6,433,967,000 $5,812,114,523
1989 $5,918,469,800 $4,757,732,200
1988 $5,902,783,400 $4,255,683,528
1987 $6,827,665,300 $3,971,044,724
1986 $6,797,834,200 $3,723,993,943
1985 $6,541,517,100 $3,282,449,236
1984 $6,183,387,100 $4,502,462,807
1983 $5,923,755,900 $5,673,248,726
1982 $5,769,767,900 $5,419,411,765
1981 $5,222,421,500 $5,624,515,873
1980 $4,614,086,400 $4,448,087,302
1979 $3,704,551,600 $3,416,777,778
1978 $3,244,558,600 $2,559,857,143
1977 $2,738,261,900 $2,092,158,730
1976 $2,588,106,000 $1,698,960,317
1975 $2,435,304,100 $1,511,420,635
1974 $2,188,307,600 $1,333,475,397
1973 $1,913,793,400 $995,531,746
1972 $1,673,411,700 $769,039,683
1971 $1,523,917,200 $664,571,429
1970 $1,351,006,400 $594,611,111
1969 $1,221,305,700 $556,293,651
1968 $1,112,791,100 $517,650,794
1967 $1,034,376,400 $492,674,603
1966 $928,833,000 $465,888,889
1965 $852,485,300 $443,587,302
1964 $776,137,500 $408,349,206
1963 $722,784,500 $383,904,762
1962 $652,120,900 $360,698,413
1961 $599,026,300 $322,053,713
1960 $537,147,100 $288,884,368

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

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

Panama and Paraguay economies compared

GDP per capita
Panama

Paraguay
1x
Year GDP per capita
Panama Paraguay
2024 $19,161 $6,416
2023 $18,797 $6,300
2022 $17,379 $6,206
2021 $15,510 $5,977
2020 $13,291 $5,365
2019 $16,478 $5,821
2018 $16,151 $6,258
2017 $15,695 $6,152
2016 $14,832 $5,775
2015 $14,083 $5,879
2014 $13,213 $6,652
2013 $12,273 $6,436
2012 $11,065 $5,642
2011 $9,662 $5,805
2010 $8,331 $4,751
2009 $7,797 $3,942
2008 $7,348 $4,385
2007 $6,318 $3,212
2006 $5,529 $2,439
2005 $5,018 $1,971
2004 $4,645 $1,786
2003 $4,265 $1,444
2002 $4,091 $1,368
2001 $3,992 $1,638
2000 $3,975 $1,736
1999 $3,950 $1,766
1998 $3,808 $1,890
1997 $3,546 $2,079
1996 $3,308 $2,088
1995 $3,514 $1,979
1994 $3,508 $1,760
1993 $3,358 $1,662
1992 $3,140 $1,683
1991 $2,821 $1,685
1990 $2,620 $1,440
1989 $2,462 $1,211
1988 $2,509 $1,114
1987 $2,966 $1,069
1986 $3,019 $1,031
1985 $2,972 $935
1984 $2,875 $1,319
1983 $2,819 $1,710
1982 $2,811 $1,680
1981 $2,605 $1,793
1980 $2,357 $1,457
1979 $1,938 $1,149
1978 $1,738 $883
1977 $1,503 $740
1976 $1,457 $616
1975 $1,406 $562
1974 $1,296 $508
1973 $1,164 $389
1972 $1,046 $308
1971 $979 $272.1
1970 $893 $249
1969 $830 $238.2
1968 $778 $226.8
1967 $745 $220.9
1966 $689 $213.9
1965 $651 $208.7
1964 $611 $197
1963 $587 $189.9
1962 $546 $182.8
1961 $516 $167.1
1960 $477 $153.4

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

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

Panama vs. Paraguay life expectancy calculator

Life expectancy
Panama

Paraguay
1x
Year Life expectancy, years
Panama Paraguay
2026 80.1 74.2
2025 80 74.1
2024 79.8 74
2023 79.6 73.8
2022 79.3 72.3
2021 77 68.1
2020 76.3 72.7
2019 78.5 73.7
2018 78.3 73.6
2017 77.9 73.4
2016 77.8 73.5
2015 77.6 73.5
2014 77.4 73.4
2013 77.1 73.3
2012 76.9 73.1
2011 76.7 72.8
2010 76.4 72.6
2009 76.2 72.3
2008 75.9 72
2007 75.7 71.8
2006 75.4 71.6
2005 75.2 71.3
2004 74.8 71.1
2003 74.6 70.8
2002 74.2 70.5
2001 73.8 70.3
2000 73.4 70
1999 73.1 69.8
1998 72.8 69.5
1997 72.5 69.3
1996 72.2 69.1
1995 72 68.8
1994 71.9 68.5
1993 71.8 68.2
1992 71.5 68
1991 71.3 67.7
1990 71.3 67.3
1989 70.1 66.9
1988 70.9 66.7
1987 70.8 66.5
1986 70.7 66.2
1985 70.5 65.9
1984 70.4 65.6
1983 70.1 65.3
1982 69.9 65.1
1981 69.8 64.8
1980 69.5 64.6
1979 69.1 64.3
1978 68.7 64.1
1977 68.3 63.9
1976 67.8 63.7
1975 67.2 63.4
1974 66.6 63.2
1973 65.8 63.1
1972 65.2 62.9
1971 64.7 62.7
1970 64.1 62.6
1969 63.7 62.4
1968 63.2 62.2
1967 62.9 62
1966 62.6 61.8
1965 62.3 61.6
1964 62.1 61.4
1963 61.8 61.1
1962 61.4 60.8
1961 60.9 60.5
1960 60.3 60.2
1959 59.6 59.9
1958 58.9 59.6
1957 58.3 59.3
1956 57.9 59
1955 57.5 58.8
1954 57.2 58.6
1953 56.8 58.5
1952 56.4 58.4
1951 55.9 58.3
1950 55.4 58.1

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

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

Panama and Paraguay population clocks and comparison

Population
Panama

Paraguay
1x
Year Population
Panama Paraguay
2024 4,515,577 6,929,153
2023 4,458,759 6,844,146
2022 4,400,773 6,760,464
2021 4,345,405 6,684,182
2020 4,293,261 6,603,739
2019 4,234,700 6,515,058
2018 4,167,860 6,427,382
2017 4,098,707 6,338,660
2016 4,029,086 6,249,126
2015 3,960,035 6,159,103
2014 3,892,101 6,069,811
2013 3,825,329 5,982,445
2012 3,759,256 5,897,008
2011 3,693,505 5,814,626
2010 3,628,535 5,737,971
2009 3,564,381 5,671,236
2008 3,500,648 5,613,574
2007 3,437,490 5,559,386
2006 3,375,024 5,505,148
2005 3,313,026 5,448,097
2004 3,251,155 5,388,175
2003 3,189,807 5,326,436
2002 3,129,344 5,261,328
2001 3,069,537 5,187,689
2000 3,010,369 5,100,868
1999 2,951,822 5,003,135
1998 2,893,914 4,900,025
1997 2,836,695 4,794,412
1996 2,780,227 4,687,543
1995 2,724,557 4,579,806
1994 2,669,546 4,471,417
1993 2,615,099 4,362,696
1992 2,561,336 4,253,600
1991 2,508,265 4,144,364
1990 2,455,583 4,035,747
1989 2,403,820 3,927,802
1988 2,352,848 3,820,546
1987 2,301,970 3,714,889
1986 2,251,325 3,611,474
1985 2,200,915 3,510,671
1984 2,150,782 3,412,936
1983 2,101,106 3,318,068
1982 2,052,271 3,226,189
1981 2,004,418 3,137,604
1980 1,957,534 3,053,235
1979 1,911,552 2,973,968
1978 1,866,311 2,899,269
1977 1,821,543 2,827,874
1976 1,776,935 2,758,836
1975 1,732,389 2,691,648
1974 1,687,926 2,625,621
1973 1,643,690 2,561,102
1972 1,599,723 2,499,881
1971 1,556,081 2,442,537
1970 1,513,070 2,388,028
1969 1,470,886 2,334,992
1968 1,429,447 2,282,391
1967 1,388,628 2,229,994
1966 1,348,388 2,177,584
1965 1,308,835 2,125,177
1964 1,270,065 2,073,119
1963 1,232,124 2,021,909
1962 1,195,301 1,973,130
1961 1,159,870 1,927,394
1960 1,126,005 1,883,514

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

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

Fertility rates in Panama and Paraguay

Fertility rate
Panama

Paraguay
1x
Year Fertility rate
Panama Paraguay
2023 2.12 2.42
2022 2.14 2.44
2021 2.15 2.47
2020 2.18 2.5
2019 2.29 2.53
2018 2.4 2.56
2017 2.46 2.59
2016 2.5 2.62
2015 2.53 2.65
2014 2.55 2.65
2013 2.57 2.64
2012 2.59 2.66
2011 2.6 2.67
2010 2.59 2.7
2009 2.59 2.76
2008 2.61 2.79
2007 2.61 2.82
2006 2.62 2.89
2005 2.64 2.97
2004 2.68 3.05
2003 2.68 3.12
2002 2.7 3.23
2001 2.72 3.36
2000 2.74 3.51
1999 2.77 3.67
1998 2.79 3.8
1997 2.81 3.91
1996 2.83 4.01
1995 2.85 4.11
1994 2.88 4.2
1993 2.91 4.28
1992 2.95 4.4
1991 3 4.48
1990 3.07 4.57
1989 3.12 4.68
1988 3.17 4.77
1987 3.25 4.85
1986 3.34 4.93
1985 3.43 4.97
1984 3.52 5.04
1983 3.6 5.09
1982 3.66 5.13
1981 3.72 5.15
1980 3.8 5.1
1979 3.88 5.06
1978 3.98 5.04
1977 4.12 5.08
1976 4.26 5.12
1975 4.41 5.18
1974 4.58 5.27
1973 4.74 5.35
1972 4.91 5.46
1971 5.05 5.59
1970 5.18 5.72
1969 5.29 5.84
1968 5.41 5.97
1967 5.53 6.1
1966 5.65 6.23
1965 5.73 6.35
1964 5.81 6.42
1963 5.87 6.45
1962 5.87 6.47
1961 5.87 6.49
1960 5.83 6.5

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

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

Panama and Paraguay demographics compared

Median age
Panama

Paraguay
1x
Year Median age, years
Panama Paraguay
2024 30.9 27.7
2023 30.6 27.4
2022 30.3 27.1
2021 30 26.8
2020 29.7 26.6
2019 29.4 26.2
2018 29.1 25.9
2017 28.8 25.6
2016 28.5 25.3
2015 28.3 24.9
2014 28 24.6
2013 27.8 24.3
2012 27.5 23.9
2011 27.2 23.6
2010 27 23.2
2009 26.7 22.9
2008 26.4 22.5
2007 26.1 22.2
2006 25.9 21.8
2005 25.6 21.5
2004 25.3 21.1
2003 25.1 20.8
2002 24.8 20.5
2001 24.5 20.3
2000 24.3 20.1
1999 24 19.9
1998 23.7 19.7
1997 23.5 19.6
1996 23.2 19.5
1995 22.9 19.4
1994 22.7 19.4
1993 22.4 19.3
1992 22.1 19.3
1991 21.8 19.3
1990 21.5 19.2
1989 21.3 19.2
1988 21 19.2
1987 20.7 19.1
1986 20.4 19.1
1985 20.2 19
1984 19.9 19
1983 19.7 18.9
1982 19.5 18.9
1981 19.2 18.8
1980 19 18.7
1979 18.8 18.6
1978 18.6 18.4
1977 18.4 18.2
1976 18.3 18
1975 18.1 17.9
1974 18 17.7
1973 17.8 17.5
1972 17.7 17.4
1971 17.7 17.3
1970 17.6 17.2
1969 17.6 17.1
1968 17.5 17
1967 17.5 17
1966 17.5 16.9
1965 17.5 16.9
1964 17.6 16.9
1963 17.6 16.9
1962 17.7 16.9
1961 17.8 16.8
1960 17.8 16.8

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

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

Interactive Maps

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

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National statistics comparison

Finance

Panama Paraguay
GNI, Atlas method
$81.3B
2024
$43.7B
2024
Government expenditure, % of GDP
23.1%
2024
21%
2024
Education expenditure, % of GDP
2.47%
2023
3.41%
2023
Military expenditure, % of GDP
0.97%
1999
0.93%
2024
Armed forces personnel
28,000
2020
29,000
2020
Deficit/surplus, % of GDP
-7.42%
2024
-2.12%
2024
Unemployment rate
8.61%
2024
5.69%
2024
Services, % of GDP
69.3%
2024
48.7%
2024
Industry, % of GDP
25.5%
2024
32.5%
2024
Economic freedom index
64.9
2026
66.4
2026
Income share by richest 10%
37.6%
2024
35%
2024
Income share by poorest 10%
1.2%
2024
2%
2024
Number of billionaires
0
2025
n/a
Percentage of billionaires
0%
2025
n/a
Listed domestic companies
36
2024
55
1999
Market capitalization of domestic companies
$18.3B
2024
$313M
1999
Total reserves including gold
$6.86B
2024
$9.89B
2023
Personal remittances received
$532M
2024
$1.14B
2024
International tourist arrivals
647,000
2020
1,077,000
2020
International tourism as share of exports
9.3%
2020
0.84%
2020
Banked people share
64.1%
2024
60.9%
2024

Energy

Panama Paraguay
Energy use, kg of oil equivalent per capita
1,063 kg
2022
1,044 kg
2023
GDP PPP per kg equivalent of energy use
$34.2
2022
$16.8
2023
Carbon dioxide (CO2) emissions
12.4 megatons
2024
8.03 megatons
2024
CO2 emissions per capita
2.74 tons
2024
1.16 tons
2024
Fossil fuel energy use share
76.5%
2022
34.8%
2022
Renewable energy use share
28%
2021
58.8%
2021
Alternative and nuclear energy use share
17.3%
2022
63.6%
2023
Net energy imports use share
171.2%
2022
-4.69%
2023
Electric power consumption per capita
2,546 kWh
2022
2,389 kWh
2023
Renewable electricity output share
79.3%
2021
100%
2012
Hydroelectric share
66.3%
2022
99.6%
2023
Nuclear share
0%
2021
0%
2021
Electricity access
97%
2023
99.8%
2023

Society

Panama Paraguay
% of world population
0.06%
2024
0.09%
2024
Annual migration change
+6,151
2025
-12,423
2025
Urban population
66%
2024
69.9%
2024
Male:Female ratio
50:50
2024
50.1:49.9
2024
Average male height
5.58 ft
2025
5.7 ft
2025
Average female height
5.19 ft
2025
5.24 ft
2025
Quality of life index
60.2
2026
44.1
2026
Corruption Perceptions Index
33
2025
24
2025
Higher education index
40
2026
48
2026
Homicides per 100K people
11.3
2022
6.96
2022
Road traffic mortality per 100K people
13.9
2019
22
2019
Visa free countries
138
2025
141
2025
Adult literacy rate
96.3%
2024
94.9%
2024
English speaking
14%
2023
1%
2025
People using the Internet
68.5%
2023
81.6%
2024

Health

Panama Paraguay
Government health expenditure per capita
$1,558
2023
$527
2023
Out-of-pocket health expenditure per capita
$630
2023
$191.2
2023
Life expectancy
80.1 years
2026
74.2 years
2026
Foreign aid share of health expenditure
0.76%
2023
0.03%
2023
Physicians per 1,000 people
1.63
2022
3.89
2022
Age at first childbirth n/a
22.9 years
2025
Maternal mortality per 100K births
37
2023
58
2023
Mortality rate before reaching 5 years of age
13.3
2023
17
2023
Obesity rate
37.1%
2022
34%
2022
Diabetes prevalence
11.1%
2024
9.4%
2024
Air quality index
79
2026
55
2026
Tobacco use prevalence
5.2%
2022
10.7%
2022
Pure alcohol consumption per capita
4.66 liters
2020
5.62 liters
2020

Territory

Panama Paraguay
% of world land
0.05%
2026
0.27%
2026
Land area per capita
6,343 sq mi
2024
22,066 sq mi
2024
Agricultural land area
8,456 sq mi
2026
82,730 sq mi
2026
Forest area
16,138 sq mi
2026
58,936 sq mi
2026
Roads length n/a
10,333 mi
2023

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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