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Panama vs Philippines statistics compared

Updated on by Georank team

Panama has a population of 4.52M (ranked 128/197), compared with 116M in The Philippines (ranked 14/197). Panama's land area is 28,641 sq mi versus 115,124 sq mi for The Philippines (ranked 115th vs. 71st).

By GDP, Panama ranks 78/197 ($86.5B) and The Philippines ranks 35/197 ($462B). By GDP per capita, Panama ranks 60/197 ($19,161), while The Philippines ranks 130/197 ($3,985).

Main facts and rankings

Panama Philippines
Population
4642198
117991570
Population rank 128/197 14/197
GDP
$86.5B
2024
$462B
2024
GDP rank 78/197 35/197
GDP per capita
$19,161
2024
$3,985
2024
GDP per capita rank 60/197 130/197
GDP per capita, PPP
$41,369
2024
$11,794
2024
Government debt
$49.6B
2024
$261B
2024
Debt-to-GDP ratio
57.4%
2024
56.6%
2024
Government debt per person
$10,995
2024
$2,257
2024
Government debt per person rank 51/185 117/185
Average annual personal income after taxes
$10,196
2026
$3,407
2026
Land area 28,641 sq mi 115,124 sq mi
Population density
161.6 ppl/mi²
2026
1,023 ppl/mi²
2026
Fertility rate
2.12
2023
1.92
2023
Median age
30.9 years
2024
26.8 years
2024
Life expectancy
80.1 years
2026
70.2 years
2026

Panama and Philippines: Comparison Charts

Panama and Philippines economies compared

GDP
Panama

Philippines
1x
Year GDP
Panama Philippines
2024 $86,523,959,132 $461,617,509,782
2023 $83,812,155,244 $437,055,627,244
2022 $76,479,304,471 $404,353,369,605
2021 $67,396,392,506 $394,087,359,848
2020 $57,059,846,522 $361,751,145,452
2019 $69,778,991,193 $376,823,402,239
2018 $67,316,471,181 $346,841,896,587
2017 $64,327,688,826 $328,480,736,803
2016 $59,760,858,718 $318,627,003,017
2015 $55,767,806,073 $306,445,871,242
2014 $51,427,104,882 $297,483,555,338
2013 $46,949,496,479 $283,902,828,589
2012 $41,595,439,721 $261,920,540,963
2011 $35,687,738,252 $234,216,730,291
2010 $30,231,009,533 $208,368,893,151
2009 $27,791,215,547 $175,974,755,881
2008 $25,721,327,955 $181,624,626,327
2007 $21,717,433,808 $155,980,408,673
2006 $18,659,721,513 $127,652,926,368
2005 $16,623,906,739 $107,419,977,318
2004 $15,100,203,362 $95,001,999,685
2003 $13,603,456,003 $87,039,092,974
2002 $12,800,851,271 $84,307,345,888
2001 $12,252,906,341 $78,921,234,458
2000 $11,966,497,049 $83,669,788,377
1999 $11,660,704,777 $85,640,171,045
1998 $11,019,557,689 $74,492,416,330
1997 $10,058,854,386 $94,106,317,565
1996 $9,197,503,323 $94,648,084,429
1995 $9,573,813,700 $84,644,328,727
1994 $9,365,289,800 $73,159,336,915
1993 $8,782,585,400 $62,036,529,147
1992 $8,042,337,700 $60,422,328,242
1991 $7,074,675,500 $51,784,144,943
1990 $6,433,967,000 $50,508,286,642
1989 $5,918,469,800 $48,513,773,721
1988 $5,902,783,400 $43,152,128,959
1987 $6,827,665,300 $37,791,488,666
1986 $6,797,834,200 $33,987,207,295
1985 $6,541,517,100 $34,961,486,348
1984 $6,183,387,100 $35,730,185,634
1983 $5,923,755,900 $37,759,179,895
1982 $5,769,767,900 $42,206,011,275
1981 $5,222,421,500 $40,499,388,869
1980 $4,614,086,400 $36,848,080,899
1979 $3,704,551,600 $31,218,296,292
1978 $3,244,558,600 $25,762,224,563
1977 $2,738,261,900 $22,283,109,803
1976 $2,588,106,000 $19,381,055,197
1975 $2,435,304,100 $16,875,240,684
1974 $2,188,307,600 $15,607,882,555
1973 $1,913,793,400 $11,412,449,735
1972 $1,673,411,700 $9,067,815,521
1971 $1,523,917,200 $8,375,075,630
1970 $1,351,006,400 $7,559,115,517
1969 $1,221,305,700 $9,571,800,653
1968 $1,112,791,100 $8,632,749,269
1967 $1,034,376,400 $7,724,873,935
1966 $928,833,000 $7,189,017,888
1965 $852,485,300 $6,517,349,772
1964 $776,137,500 $5,953,756,195
1963 $722,784,500 $5,505,023,238
1962 $652,120,900 $4,954,593,072
1961 $599,026,300 $8,171,194,425
1960 $537,147,100 $7,515,894,111

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

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

Panama and Philippines economies compared

GDP per capita
Panama

Philippines
1x
Year GDP per capita
Panama Philippines
2024 $19,161 $3,985
2023 $18,797 $3,804
2022 $17,379 $3,548
2021 $15,510 $3,484
2020 $13,291 $3,228
2019 $16,478 $3,401
2018 $16,151 $3,169
2017 $15,695 $3,038
2016 $14,832 $2,985
2015 $14,083 $2,910
2014 $13,213 $2,867
2013 $12,273 $2,781
2012 $11,065 $2,615
2011 $9,662 $2,384
2010 $8,331 $2,163
2009 $7,797 $1,864
2008 $7,348 $1,959
2007 $6,318 $1,713
2006 $5,529 $1,426
2005 $5,018 $1,220
2004 $4,645 $1,100
2003 $4,265 $1,027
2002 $4,091 $1,015
2001 $3,992 $970
2000 $3,975 $1,051
1999 $3,950 $1,101
1998 $3,808 $983
1997 $3,546 $1,273
1996 $3,308 $1,311
1995 $3,514 $1,200
1994 $3,508 $1,060
1993 $3,358 $919
1992 $3,140 $917
1991 $2,821 $804
1990 $2,620 $804
1989 $2,462 $792
1988 $2,509 $722
1987 $2,966 $650
1986 $3,019 $600
1985 $2,972 $633
1984 $2,875 $665
1983 $2,819 $723
1982 $2,811 $833
1981 $2,605 $821
1980 $2,357 $767
1979 $1,938 $667
1978 $1,738 $565
1977 $1,503 $502
1976 $1,457 $449
1975 $1,406 $401
1974 $1,296 $379
1973 $1,164 $283.2
1972 $1,046 $230.1
1971 $979 $217.4
1970 $893 $200.9
1969 $830 $261.1
1968 $778 $242.2
1967 $745 $223.1
1966 $689 $213.8
1965 $651 $199.8
1964 $611 $188.2
1963 $587 $179.5
1962 $546 $166.7
1961 $516 $283.8
1960 $477 $269.5

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

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

Panama vs. Philippines life expectancy calculator

Life expectancy
Panama

Philippines
1x
Year Life expectancy, years
Panama Philippines
2026 80.1 70.2
2025 80 70.1
2024 79.8 69.9
2023 79.6 69.8
2022 79.3 69.5
2021 77 66.7
2020 76.3 70.1
2019 78.5 69.7
2018 78.3 69.8
2017 77.9 70
2016 77.8 69.5
2015 77.6 69.5
2014 77.4 69.3
2013 77.1 69.3
2012 76.9 69.2
2011 76.7 69.1
2010 76.4 68.9
2009 76.2 68.6
2008 75.9 68.6
2007 75.7 68.5
2006 75.4 68.2
2005 75.2 68.4
2004 74.8 68.3
2003 74.6 68
2002 74.2 67.9
2001 73.8 67.8
2000 73.4 67.8
1999 73.1 67.5
1998 72.8 67.2
1997 72.5 67
1996 72.2 66.7
1995 72 66.3
1994 71.9 66
1993 71.8 65.7
1992 71.5 65.4
1991 71.3 64.6
1990 71.3 64.4
1989 70.1 64.1
1988 70.9 63.7
1987 70.8 63.3
1986 70.7 62.9
1985 70.5 62.7
1984 70.4 62.4
1983 70.1 62.3
1982 69.9 62.2
1981 69.8 61.9
1980 69.5 61.9
1979 69.1 61.7
1978 68.7 61.5
1977 68.3 61.4
1976 67.8 60.9
1975 67.2 60.9
1974 66.6 60.8
1973 65.8 60.7
1972 65.2 60.9
1971 64.7 61.1
1970 64.1 60.8
1969 63.7 61
1968 63.2 60.9
1967 62.9 60.8
1966 62.6 60.6
1965 62.3 60.4
1964 62.1 60.1
1963 61.8 60
1962 61.4 59.8
1961 60.9 59.5
1960 60.3 59.2
1959 59.6 58.7
1958 58.9 58.3
1957 58.3 57.8
1956 57.9 57.2
1955 57.5 56.6
1954 57.2 56
1953 56.8 55.4
1952 56.4 54.7
1951 55.9 54.1
1950 55.4 53.6

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

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

Panama and Philippines population clocks and comparison

Population
Panama

Philippines
1x
Year Population
Panama Philippines
2024 4,515,577 115,843,670
2023 4,458,759 114,891,199
2022 4,400,773 113,964,338
2021 4,345,405 113,100,950
2020 4,293,261 112,081,264
2019 4,234,700 110,804,683
2018 4,167,860 109,465,287
2017 4,098,707 108,119,693
2016 4,029,086 106,735,719
2015 3,960,035 105,312,992
2014 3,892,101 103,767,130
2013 3,825,329 102,076,336
2012 3,759,256 100,175,512
2011 3,693,505 98,248,614
2010 3,628,535 96,337,125
2009 3,564,381 94,384,250
2008 3,500,648 92,699,095
2007 3,437,490 91,075,184
2006 3,375,024 89,508,986
2005 3,313,026 88,015,962
2004 3,251,155 86,394,504
2003 3,189,807 84,731,835
2002 3,129,344 83,068,889
2001 3,069,537 81,401,488
2000 3,010,369 79,625,397
1999 2,951,822 77,753,257
1998 2,893,914 75,791,024
1997 2,836,695 73,908,810
1996 2,780,227 72,190,242
1995 2,724,557 70,546,246
1994 2,669,546 69,019,291
1993 2,615,099 67,530,621
1992 2,561,336 65,926,125
1991 2,508,265 64,382,249
1990 2,455,583 62,854,666
1989 2,403,820 61,265,260
1988 2,352,848 59,739,052
1987 2,301,970 58,157,496
1986 2,251,325 56,645,077
1985 2,200,915 55,213,006
1984 2,150,782 53,726,181
1983 2,101,106 52,194,620
1982 2,052,271 50,695,707
1981 2,004,418 49,311,727
1980 1,957,534 48,043,740
1979 1,911,552 46,807,103
1978 1,866,311 45,575,281
1977 1,821,543 44,367,962
1976 1,776,935 43,201,488
1975 1,732,389 42,120,826
1974 1,687,926 41,174,341
1973 1,643,690 40,294,130
1972 1,599,723 39,408,560
1971 1,556,081 38,518,659
1970 1,513,070 37,622,204
1969 1,470,886 36,660,799
1968 1,429,447 35,638,342
1967 1,388,628 34,621,320
1966 1,348,388 33,617,170
1965 1,308,835 32,625,316
1964 1,270,065 31,643,032
1963 1,232,124 30,674,731
1962 1,195,301 29,723,536
1961 1,159,870 28,792,621
1960 1,126,005 27,891,897

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

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

Fertility rates in Panama and Philippines

Fertility rate
Panama

Philippines
1x
Year Fertility rate
Panama Philippines
2023 2.12 1.92
2022 2.14 1.93
2021 2.15 1.95
2020 2.18 2.08
2019 2.29 2.22
2018 2.4 2.38
2017 2.46 2.53
2016 2.5 2.68
2015 2.53 2.83
2014 2.55 2.89
2013 2.57 3.04
2012 2.59 3.14
2011 2.6 3.24
2010 2.59 3.32
2009 2.59 3.38
2008 2.61 3.4
2007 2.61 3.4
2006 2.62 3.47
2005 2.64 3.45
2004 2.68 3.52
2003 2.68 3.59
2002 2.7 3.65
2001 2.72 3.72
2000 2.74 3.75
1999 2.77 3.83
1998 2.79 3.88
1997 2.81 3.94
1996 2.83 4
1995 2.85 4.07
1994 2.88 4.08
1993 2.91 4.1
1992 2.95 4.16
1991 3 4.27
1990 3.07 4.32
1989 3.12 4.37
1988 3.17 4.45
1987 3.25 4.51
1986 3.34 4.56
1985 3.43 4.66
1984 3.52 4.77
1983 3.6 4.87
1982 3.66 4.92
1981 3.72 4.97
1980 3.8 5.11
1979 3.88 5.26
1978 3.98 5.39
1977 4.12 5.44
1976 4.26 5.51
1975 4.41 5.6
1974 4.58 5.69
1973 4.74 5.79
1972 4.91 5.94
1971 5.05 6.08
1970 5.18 6.22
1969 5.29 6.33
1968 5.41 6.45
1967 5.53 6.57
1966 5.65 6.69
1965 5.73 6.8
1964 5.81 6.89
1963 5.87 6.95
1962 5.87 6.98
1961 5.87 6.99
1960 5.83 7

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

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

Panama and Philippines demographics compared

Median age
Panama

Philippines
1x
Year Median age, years
Panama Philippines
2024 30.9 26.8
2023 30.6 26.3
2022 30.3 25.9
2021 30 25.5
2020 29.7 25.1
2019 29.4 24.7
2018 29.1 24.3
2017 28.8 24
2016 28.5 23.6
2015 28.3 23.3
2014 28 22.9
2013 27.8 22.7
2012 27.5 22.4
2011 27.2 22.2
2010 27 22
2009 26.7 21.7
2008 26.4 21.5
2007 26.1 21.3
2006 25.9 21.2
2005 25.6 21
2004 25.3 20.8
2003 25.1 20.6
2002 24.8 20.4
2001 24.5 20.2
2000 24.3 20
1999 24 19.8
1998 23.7 19.6
1997 23.5 19.4
1996 23.2 19.3
1995 22.9 19.2
1994 22.7 19.1
1993 22.4 19.1
1992 22.1 19
1991 21.8 18.9
1990 21.5 18.8
1989 21.3 18.7
1988 21 18.6
1987 20.7 18.5
1986 20.4 18.3
1985 20.2 18.2
1984 19.9 18.1
1983 19.7 17.9
1982 19.5 17.7
1981 19.2 17.5
1980 19 17.3
1979 18.8 17.1
1978 18.6 16.9
1977 18.4 16.7
1976 18.3 16.5
1975 18.1 16.3
1974 18 16.1
1973 17.8 16
1972 17.7 15.9
1971 17.7 15.8
1970 17.6 15.7
1969 17.6 15.6
1968 17.5 15.5
1967 17.5 15.4
1966 17.5 15.4
1965 17.5 15.4
1964 17.6 15.4
1963 17.6 15.4
1962 17.7 15.5
1961 17.8 15.6
1960 17.8 15.8

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

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

Interactive Maps

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

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National statistics comparison

Finance

Panama Philippines
GNI, Atlas method
$81.3B
2024
$518B
2024
Government expenditure, % of GDP
23.1%
2024
24.9%
2024
Education expenditure, % of GDP
2.47%
2023
3.97%
2025
Military expenditure, % of GDP
0.97%
1999
1.32%
2024
Armed forces personnel
28,000
2020
157,000
2020
Deficit/surplus, % of GDP
-7.42%
2024
-3.78%
2024
Unemployment rate
8.61%
2024
2.41%
2023
Services, % of GDP
69.3%
2024
63.2%
2024
Industry, % of GDP
25.5%
2024
27.7%
2024
Economic freedom index
64.9
2026
62.9
2026
Income share by richest 10%
37.6%
2024
31.6%
2023
Income share by poorest 10%
1.2%
2024
2.9%
2023
Number of billionaires
0
2025
15
2025
Percentage of billionaires
0%
2025
0.00002%
2025
Listed domestic companies
36
2024
280
2024
Market capitalization of domestic companies
$18.3B
2024
$252B
2024
Total reserves including gold
$6.86B
2024
$106B
2024
Personal remittances received
$532M
2024
$40.3B
2024
International tourist arrivals
647,000
2020
1,483,000
2020
International tourism as share of exports
9.3%
2020
3.46%
2020
Banked people share
64.1%
2024
50.2%
2024

Energy

Panama Philippines
Energy use, kg of oil equivalent per capita
1,063 kg
2022
551 kg
2022
GDP PPP per kg equivalent of energy use
$34.2
2022
$18.4
2022
Carbon dioxide (CO2) emissions
12.4 megatons
2024
174.1 megatons
2024
CO2 emissions per capita
2.74 tons
2024
1.5 tons
2024
Fossil fuel energy use share
76.5%
2022
66.2%
2022
Renewable energy use share
28%
2021
28%
2021
Alternative and nuclear energy use share
17.3%
2022
16.1%
2022
Net energy imports use share
171.2%
2022
54.4%
2022
Electric power consumption per capita
2,546 kWh
2022
885 kWh
2022
Renewable electricity output share
79.3%
2021
22.7%
2021
Hydroelectric share
66.3%
2022
9.04%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
97%
2023
98%
2023

Society

Panama Philippines
% of world population
0.06%
2024
1.43%
2024
Annual migration change
+6,151
2025
-149,315
2025
Urban population
66%
2024
55.5%
2024
Male:Female ratio
50:50
2024
49.9:50.1
2024
Average male height
5.58 ft
2025
5.42 ft
2025
Average female height
5.19 ft
2025
5.06 ft
2025
Quality of life index
60.2
2026
48.1
2026
Corruption Perceptions Index
33
2025
32
2025
Higher education index
40
2026
55
2026
Homicides per 100K people
11.3
2022
4.32
2019
Road traffic mortality per 100K people
13.9
2019
12
2019
Visa free countries
138
2025
77
2025
Adult literacy rate
96.3%
2024
98.5%
2020
English speaking
14%
2023
63.7%
2023
People using the Internet
68.5%
2023
83.8%
2023

Health

Panama Philippines
Government health expenditure per capita
$1,558
2023
$194.1
2023
Out-of-pocket health expenditure per capita
$630
2023
$86.1
2023
Life expectancy
80.1 years
2026
70.2 years
2026
Foreign aid share of health expenditure
0.76%
2023
0.09%
2023
Physicians per 1,000 people
1.63
2022
0.79
2021
Age at first childbirth n/a
23.6 years
2025
Maternal mortality per 100K births
37
2023
84
2023
Mortality rate before reaching 5 years of age
13.3
2023
26.9
2023
Obesity rate
37.1%
2022
8.96%
2022
Diabetes prevalence
11.1%
2024
7.5%
2024
Air quality index
79
2026
54
2026
Tobacco use prevalence
5.2%
2022
20.4%
2022
Pure alcohol consumption per capita
4.66 liters
2020
5.66 liters
2020

Territory

Panama Philippines
% of world land
0.05%
2026
0.2%
2026
Land area per capita
6,343 sq mi
2024
994 sq mi
2024
Agricultural land area
8,456 sq mi
2026
49,122 sq mi
2026
Forest area
16,138 sq mi
2026
28,159 sq mi
2026
Roads length n/a
134,457 mi
2020

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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