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Panama vs Peru statistics compared

Updated on by Georank team

Panama has a population of 4.52M (ranked 128/197), compared with 34.2M in Peru (ranked 48/197). Panama's land area is 28,641 sq mi versus 494,211 sq mi for Peru (ranked 115th vs. 19th).

By GDP, Panama ranks 78/197 ($86.5B) and Peru ranks 49/197 ($289B). By GDP per capita, Panama ranks 60/197 ($19,161), while Peru ranks 91/197 ($8,452).

Main facts and rankings

Panama Peru
Population
4642198
35031596
Population rank 128/197 48/197
GDP
$86.5B
2024
$289B
2024
GDP rank 78/197 49/197
GDP per capita
$19,161
2024
$8,452
2024
GDP per capita rank 60/197 91/197
GDP per capita, PPP
$41,369
2024
$17,802
2024
Government debt
$49.6B
2024
$93B
2024
Debt-to-GDP ratio
57.4%
2024
32.2%
2024
Government debt per person
$10,995
2024
$2,717
2024
Government debt per person rank 51/185 108/185
Average annual personal income after taxes
$10,196
2026
$7,290
2026
Land area 28,641 sq mi 494,211 sq mi
Population density
161.6 ppl/mi²
2026
70.7 ppl/mi²
2026
Fertility rate
2.12
2023
1.98
2023
Median age
30.9 years
2024
30.8 years
2024
Life expectancy
80.1 years
2026
78.3 years
2026

Panama and Peru: Comparison Charts

Panama and Peru economies compared

GDP
Panama

Peru
1x
Year GDP
Panama Peru
2024 $86,523,959,132 $289,221,969,063
2023 $83,812,155,244 $266,958,720,838
2022 $76,479,304,471 $246,065,570,308
2021 $67,396,392,506 $226,328,766,460
2020 $57,059,846,522 $201,409,694,756
2019 $69,778,991,193 $228,346,006,004
2018 $67,316,471,181 $222,597,009,739
2017 $64,327,688,826 $211,007,984,081
2016 $59,760,858,718 $191,898,104,390
2015 $55,767,806,073 $189,802,976,286
2014 $51,427,104,882 $200,786,250,583
2013 $46,949,496,479 $201,175,543,571
2012 $41,595,439,721 $192,650,021,649
2011 $35,687,738,252 $171,761,737,047
2010 $30,231,009,533 $147,527,631,521
2009 $27,791,215,547 $120,822,986,521
2008 $25,721,327,955 $120,550,599,815
2007 $21,717,433,808 $102,170,981,144
2006 $18,659,721,513 $88,643,193,062
2005 $16,623,906,739 $76,060,606,061
2004 $15,100,203,362 $66,768,703,498
2003 $13,603,456,003 $58,731,030,122
2002 $12,800,851,271 $54,777,553,515
2001 $12,252,906,341 $52,030,158,775
2000 $11,966,497,049 $51,744,749,133
1999 $11,660,704,777 $50,187,324,568
1998 $11,019,557,689 $55,501,467,877
1997 $10,058,854,386 $58,147,522,523
1996 $9,197,503,323 $55,252,414,130
1995 $9,573,813,700 $53,312,793,687
1994 $9,365,289,800 $44,882,079,767
1993 $8,782,585,400 $34,832,077,221
1992 $8,042,337,700 $35,966,302,303
1991 $7,074,675,500 $34,341,465,998
1990 $6,433,967,000 $26,410,386,963
1989 $5,918,469,800 $22,499,558,526
1988 $5,902,783,400 $15,439,408,447
1987 $6,827,665,300 $36,889,706,593
1986 $6,797,834,200 $21,859,448,586
1985 $6,541,517,100 $15,078,736,875
1984 $6,183,387,100 $17,600,400,385
1983 $5,923,755,900 $17,345,260,564
1982 $5,769,767,900 $21,794,535,621
1981 $5,222,421,500 $21,648,214,893
1980 $4,614,086,400 $18,136,838,538
1979 $3,704,551,600 $15,954,012,439
1978 $3,244,558,600 $12,491,876,743
1977 $2,738,261,900 $14,544,913,961
1976 $2,588,106,000 $16,131,958,851
1975 $2,435,304,100 $16,931,162,355
1974 $2,188,307,600 $13,858,441,211
1973 $1,913,793,400 $10,994,381,895
1972 $1,673,411,700 $9,189,413,409
1971 $1,523,917,200 $8,289,582,884
1970 $1,351,006,400 $7,432,223,177
1969 $1,221,305,700 $6,420,909,790
1968 $1,112,791,100 $5,736,083,835
1967 $1,034,376,400 $6,194,340,080
1966 $928,833,000 $6,109,048,737
1965 $852,485,300 $5,163,008,077
1964 $776,137,500 $4,353,664,867
1963 $722,784,500 $3,598,272,493
1962 $652,120,900 $3,284,322,201
1961 $599,026,300 $2,897,852,693
1960 $537,147,100 $2,571,986,572

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

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

Panama and Peru economies compared

GDP per capita
Panama

Peru
1x
Year GDP per capita
Panama Peru
2024 $19,161 $8,452
2023 $18,797 $7,888
2022 $17,379 $7,351
2021 $15,510 $6,826
2020 $13,291 $6,133
2019 $16,478 $7,037
2018 $16,151 $6,978
2017 $15,695 $6,736
2016 $14,832 $6,217
2015 $14,083 $6,232
2014 $13,213 $6,667
2013 $12,273 $6,747
2012 $11,065 $6,519
2011 $9,662 $5,861
2010 $8,331 $5,072
2009 $7,797 $4,181
2008 $7,348 $4,198
2007 $6,318 $3,581
2006 $5,529 $3,130
2005 $5,018 $2,707
2004 $4,645 $2,397
2003 $4,265 $2,129
2002 $4,091 $2,007
2001 $3,992 $1,930
2000 $3,975 $1,945
1999 $3,950 $1,917
1998 $3,808 $2,156
1997 $3,546 $2,301
1996 $3,308 $2,227
1995 $3,514 $2,190
1994 $3,508 $1,879
1993 $3,358 $1,488
1992 $3,140 $1,567
1991 $2,821 $1,527
1990 $2,620 $1,200
1989 $2,462 $1,045
1988 $2,509 $733
1987 $2,966 $1,792
1986 $3,019 $1,087
1985 $2,972 $767
1984 $2,875 $918
1983 $2,819 $927
1982 $2,811 $1,194
1981 $2,605 $1,216
1980 $2,357 $1,045
1979 $1,938 $942
1978 $1,738 $756
1977 $1,503 $903
1976 $1,457 $1,026
1975 $1,406 $1,104
1974 $1,296 $927
1973 $1,164 $754
1972 $1,046 $647
1971 $979 $599
1970 $893 $550
1969 $830 $488
1968 $778 $448
1967 $745 $498
1966 $689 $505
1965 $651 $439
1964 $611 $381
1963 $587 $324
1962 $546 $305
1961 $516 $276.6
1960 $477 $252.8

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

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

Panama vs. Peru life expectancy calculator

Life expectancy
Panama

Peru
1x
Year Life expectancy, years
Panama Peru
2026 80.1 78.3
2025 80 78.1
2024 79.8 77.9
2023 79.6 77.7
2022 79.3 76.8
2021 77 71.6
2020 76.3 73.8
2019 78.5 76.3
2018 78.3 76
2017 77.9 76
2016 77.8 76
2015 77.6 75.7
2014 77.4 75.3
2013 77.1 74.6
2012 76.9 74
2011 76.7 73.3
2010 76.4 72.9
2009 76.2 72.6
2008 75.9 72.7
2007 75.7 72.7
2006 75.4 72.3
2005 75.2 72
2004 74.8 71.4
2003 74.6 71.3
2002 74.2 70.8
2001 73.8 70.3
2000 73.4 69.8
1999 73.1 69.3
1998 72.8 68.7
1997 72.5 68.3
1996 72.2 67.8
1995 72 67.2
1994 71.9 66.5
1993 71.8 65.7
1992 71.5 65
1991 71.3 64.2
1990 71.3 64
1989 70.1 63.4
1988 70.9 63
1987 70.8 62.5
1986 70.7 62.2
1985 70.5 61.7
1984 70.4 61.1
1983 70.1 60.8
1982 69.9 60.6
1981 69.8 60.3
1980 69.5 60
1979 69.1 59.6
1978 68.7 59.3
1977 68.3 58.9
1976 67.8 58.6
1975 67.2 58.2
1974 66.6 57.8
1973 65.8 57.3
1972 65.2 57
1971 64.7 56.5
1970 64.1 47.7
1969 63.7 55.8
1968 63.2 55.4
1967 62.9 54.9
1966 62.6 54.4
1965 62.3 53.9
1964 62.1 53.3
1963 61.8 52.6
1962 61.4 51.5
1961 60.9 51.2
1960 60.3 50.6
1959 59.6 50
1958 58.9 49.5
1957 58.3 48.9
1956 57.9 48.4
1955 57.5 47.9
1954 57.2 47.5
1953 56.8 47.1
1952 56.4 46.8
1951 55.9 46.5
1950 55.4 46

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

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

Panama and Peru population clocks and comparison

Population
Panama

Peru
1x
Year Population
Panama Peru
2024 4,515,577 34,217,848
2023 4,458,759 33,845,617
2022 4,400,773 33,475,438
2021 4,345,405 33,155,882
2020 4,293,261 32,838,579
2019 4,234,700 32,449,303
2018 4,167,860 31,897,584
2017 4,098,707 31,324,637
2016 4,029,086 30,866,494
2015 3,960,035 30,457,600
2014 3,892,101 30,115,826
2013 3,825,329 29,817,919
2012 3,759,256 29,550,366
2011 3,693,505 29,304,086
2010 3,628,535 29,086,019
2009 3,564,381 28,896,811
2008 3,500,648 28,719,041
2007 3,437,490 28,530,699
2006 3,375,024 28,324,491
2005 3,313,026 28,101,180
2004 3,251,155 27,852,190
2003 3,189,807 27,580,490
2002 3,129,344 27,288,217
2001 3,069,537 26,964,601
2000 3,010,369 26,598,331
1999 2,951,822 26,186,504
1998 2,893,914 25,738,095
1997 2,836,695 25,274,147
1996 2,780,227 24,811,171
1995 2,724,557 24,348,919
1994 2,669,546 23,881,493
1993 2,615,099 23,413,783
1992 2,561,336 22,946,340
1991 2,508,265 22,483,775
1990 2,455,583 22,014,771
1989 2,403,820 21,532,589
1988 2,352,848 21,054,702
1987 2,301,970 20,582,320
1986 2,251,325 20,117,122
1985 2,200,915 19,648,204
1984 2,150,782 19,174,716
1983 2,101,106 18,705,957
1982 2,052,271 18,246,503
1981 2,004,418 17,798,805
1980 1,957,534 17,360,949
1979 1,911,552 16,933,139
1978 1,866,311 16,516,059
1977 1,821,543 16,109,806
1976 1,776,935 15,716,809
1975 1,732,389 15,333,957
1974 1,687,926 14,956,552
1973 1,643,690 14,582,867
1972 1,599,723 14,210,147
1971 1,556,081 13,838,067
1970 1,513,070 13,501,237
1969 1,470,886 13,166,767
1968 1,429,447 12,803,993
1967 1,388,628 12,448,814
1966 1,348,388 12,101,297
1965 1,308,835 11,761,085
1964 1,270,065 11,427,978
1963 1,232,124 11,102,099
1962 1,195,301 10,784,612
1961 1,159,870 10,475,123
1960 1,126,005 10,174,127

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

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

Fertility rates in Panama and Peru

Fertility rate
Panama

Peru
1x
Year Fertility rate
Panama Peru
2023 2.12 1.98
2022 2.14 2
2021 2.15 2.03
2020 2.18 2.06
2019 2.29 2.09
2018 2.4 2.12
2017 2.46 2.15
2016 2.5 2.19
2015 2.53 2.23
2014 2.55 2.27
2013 2.57 2.32
2012 2.59 2.36
2011 2.6 2.41
2010 2.59 2.42
2009 2.59 2.48
2008 2.61 2.53
2007 2.61 2.58
2006 2.62 2.62
2005 2.64 2.64
2004 2.68 2.67
2003 2.68 2.66
2002 2.7 2.69
2001 2.72 2.74
2000 2.74 2.85
1999 2.77 2.92
1998 2.79 3
1997 2.81 3.1
1996 2.83 3.2
1995 2.85 3.32
1994 2.88 3.43
1993 2.91 3.55
1992 2.95 3.67
1991 3 3.79
1990 3.07 3.91
1989 3.12 4.03
1988 3.17 4.14
1987 3.25 4.25
1986 3.34 4.35
1985 3.43 4.46
1984 3.52 4.57
1983 3.6 4.68
1982 3.66 4.8
1981 3.72 4.92
1980 3.8 5.04
1979 3.88 5.17
1978 3.98 5.31
1977 4.12 5.44
1976 4.26 5.58
1975 4.41 5.71
1974 4.58 5.84
1973 4.74 5.97
1972 4.91 6.09
1971 5.05 6.21
1970 5.18 6.32
1969 5.29 6.42
1968 5.41 6.51
1967 5.53 6.6
1966 5.65 6.68
1965 5.73 6.75
1964 5.81 6.81
1963 5.87 6.86
1962 5.87 6.9
1961 5.87 6.92
1960 5.83 6.94

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

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

Panama and Peru demographics compared

Median age
Panama

Peru
1x
Year Median age, years
Panama Peru
2024 30.9 30.8
2023 30.6 30.5
2022 30.3 30.1
2021 30 29.8
2020 29.7 29.5
2019 29.4 29.2
2018 29.1 28.9
2017 28.8 28.6
2016 28.5 28.4
2015 28.3 28.1
2014 28 27.8
2013 27.8 27.4
2012 27.5 27.1
2011 27.2 26.7
2010 27 26.3
2009 26.7 25.8
2008 26.4 25.4
2007 26.1 25
2006 25.9 24.6
2005 25.6 24.2
2004 25.3 23.9
2003 25.1 23.5
2002 24.8 23.2
2001 24.5 22.8
2000 24.3 22.5
1999 24 22.1
1998 23.7 21.8
1997 23.5 21.5
1996 23.2 21.2
1995 22.9 20.9
1994 22.7 20.7
1993 22.4 20.4
1992 22.1 20.2
1991 21.8 20
1990 21.5 19.8
1989 21.3 19.6
1988 21 19.5
1987 20.7 19.3
1986 20.4 19.2
1985 20.2 19.1
1984 19.9 18.9
1983 19.7 18.8
1982 19.5 18.7
1981 19.2 18.6
1980 19 18.5
1979 18.8 18.4
1978 18.6 18.3
1977 18.4 18.2
1976 18.3 18.2
1975 18.1 18.1
1974 18 18.1
1973 17.8 18
1972 17.7 18
1971 17.7 17.9
1970 17.6 17.9
1969 17.6 17.9
1968 17.5 17.9
1967 17.5 17.9
1966 17.5 17.9
1965 17.5 17.9
1964 17.6 17.9
1963 17.6 17.9
1962 17.7 18
1961 17.8 18.1
1960 17.8 18.2

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

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

Interactive Maps

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

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National statistics comparison

Finance

Panama Peru
GNI, Atlas method
$81.3B
2024
$257B
2024
Government expenditure, % of GDP
23.1%
2024
22.3%
2024
Education expenditure, % of GDP
2.47%
2023
4.24%
2023
Military expenditure, % of GDP
0.97%
1999
0.91%
2024
Armed forces personnel
28,000
2020
158,000
2020
Deficit/surplus, % of GDP
-7.42%
2024
-3.54%
2024
Unemployment rate
8.61%
2024
4.86%
2024
Services, % of GDP
69.3%
2024
51.3%
2024
Industry, % of GDP
25.5%
2024
34%
2024
Economic freedom index
64.9
2026
66.3
2026
Income share by richest 10%
37.6%
2024
30.3%
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
176
2024
Market capitalization of domestic companies
$18.3B
2024
$82.2B
2024
Total reserves including gold
$6.86B
2024
$79.2B
2024
Personal remittances received
$532M
2024
$4.93B
2024
International tourist arrivals
647,000
2020
1,119,000
2020
International tourism as share of exports
9.3%
2020
2.2%
2020
Banked people share
64.1%
2024
59.3%
2024

Energy

Panama Peru
Energy use, kg of oil equivalent per capita
1,063 kg
2022
827 kg
2022
GDP PPP per kg equivalent of energy use
$34.2
2022
$20.2
2022
Carbon dioxide (CO2) emissions
12.4 megatons
2024
69.3 megatons
2024
CO2 emissions per capita
2.74 tons
2024
2.02 tons
2024
Fossil fuel energy use share
76.5%
2022
76.9%
2022
Renewable energy use share
28%
2021
30.6%
2021
Alternative and nuclear energy use share
17.3%
2022
10.2%
2022
Net energy imports use share
171.2%
2022
12.2%
2022
Electric power consumption per capita
2,546 kWh
2022
1,588 kWh
2022
Renewable electricity output share
79.3%
2021
61.3%
2021
Hydroelectric share
66.3%
2022
49.7%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
97%
2023
96.2%
2023

Society

Panama Peru
% of world population
0.06%
2024
0.42%
2024
Annual migration change
+6,151
2025
+11,931
2025
Urban population
66%
2024
85.2%
2024
Male:Female ratio
50:50
2024
49.7:50.3
2024
Average male height
5.58 ft
2025
5.47 ft
2025
Average female height
5.19 ft
2025
5.07 ft
2025
Quality of life index
60.2
2026
53.6
2026
Corruption Perceptions Index
33
2025
30
2025
Higher education index
40
2026
66
2026
Homicides per 100K people
11.3
2022
8.46
2021
Road traffic mortality per 100K people
13.9
2019
13.6
2019
Visa free countries
138
2025
147
2025
Adult literacy rate
96.3%
2024
93.7%
2024
English speaking
14%
2023
8%
2025
People using the Internet
68.5%
2023
82%
2024

Health

Panama Peru
Government health expenditure per capita
$1,558
2023
$446
2023
Out-of-pocket health expenditure per capita
$630
2023
$120.2
2023
Life expectancy
80.1 years
2026
78.3 years
2026
Foreign aid share of health expenditure
0.76%
2023
0.21%
2022
Physicians per 1,000 people
1.63
2022
1.69
2023
Age at first childbirth n/a
21.9 years
2025
Maternal mortality per 100K births
37
2023
51
2023
Mortality rate before reaching 5 years of age
13.3
2023
15.8
2023
Obesity rate
37.1%
2022
28.1%
2022
Diabetes prevalence
11.1%
2024
6.4%
2024
Air quality index
79
2026
44
2026
Tobacco use prevalence
5.2%
2022
7.1%
2022
Pure alcohol consumption per capita
4.66 liters
2020
6.45 liters
2020

Territory

Panama Peru
% of world land
0.05%
2026
0.86%
2026
Land area per capita
6,343 sq mi
2024
14,443 sq mi
2024
Agricultural land area
8,456 sq mi
2026
94,153 sq mi
2026
Forest area
16,138 sq mi
2026
277,267 sq mi
2026
Roads length n/a
109,106 mi
2021

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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