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Panama vs Singapore statistics compared

Updated on by Georank team

Panama has a population of 4.52M (ranked 128/197), compared with 6.04M in Singapore (ranked 113/197). Panama's land area is 28,641 sq mi versus 277.2 sq mi for Singapore (ranked 115th vs. 177th).

By GDP, Panama ranks 78/197 ($86.5B) and Singapore ranks 28/197 ($547B). By GDP per capita, Panama ranks 60/197 ($19,161), while Singapore ranks 7/197 ($90,674).

Main facts and rankings

Panama Singapore
Population
4642198
6125852
Population rank 128/197 113/197
GDP
$86.5B
2024
$547B
2024
GDP rank 78/197 28/197
GDP per capita
$19,161
2024
$90,674
2024
GDP per capita rank 60/197 7/197
GDP per capita, PPP
$41,369
2024
$150,689
2024
Government debt
$49.6B
2024
$950B
2024
Debt-to-GDP ratio
57.4%
2024
173.5%
2024
Government debt per person
$10,995
2024
$157,326
2024
Government debt per person rank 51/185 1/185
Average annual personal income after taxes
$10,196
2026
$52,793
2026
Land area 28,641 sq mi 277.2 sq mi
Population density
161.6 ppl/mi²
2026
22,064 ppl/mi²
2026
Fertility rate
2.12
2023
0.97
2023
Median age
30.9 years
2024
36.8 years
2024
Life expectancy
80.1 years
2026
84.1 years
2026

Panama and Singapore: Comparison Charts

Panama and Singapore economies compared

GDP
Panama

Singapore
1x
Year GDP
Panama Singapore
2024 $86,523,959,132 $547,386,645,892
2023 $83,812,155,244 $505,439,514,078
2022 $76,479,304,471 $509,017,841,147
2021 $67,396,392,506 $436,591,382,250
2020 $57,059,846,522 $349,165,858,545
2019 $69,778,991,193 $376,161,998,830
2018 $67,316,471,181 $377,123,710,561
2017 $64,327,688,826 $343,673,334,902
2016 $59,760,858,718 $319,646,468,521
2015 $55,767,806,073 $307,998,545,269
2014 $51,427,104,882 $314,863,580,758
2013 $46,949,496,479 $307,576,360,585
2012 $41,595,439,721 $295,092,888,077
2011 $35,687,738,252 $279,356,499,090
2010 $30,231,009,533 $239,807,980,591
2009 $27,791,215,547 $194,150,283,772
2008 $25,721,327,955 $193,617,323,539
2007 $21,717,433,808 $180,941,701,358
2006 $18,659,721,513 $148,627,286,361
2005 $16,623,906,739 $127,807,848,728
2004 $15,100,203,362 $115,033,593,101
2003 $13,603,456,003 $97,646,401,096
2002 $12,800,851,271 $92,538,372,870
2001 $12,252,906,341 $89,793,790,670
2000 $11,966,497,049 $96,076,539,926
1999 $11,660,704,777 $86,286,849,755
1998 $11,019,557,689 $85,728,207,782
1997 $10,058,854,386 $100,123,787,215
1996 $9,197,503,323 $96,293,086,513
1995 $9,573,813,700 $87,812,540,788
1994 $9,365,289,800 $73,688,724,431
1993 $8,782,585,400 $60,603,815,716
1992 $8,042,337,700 $52,131,320,033
1991 $7,074,675,500 $45,466,164,978
1990 $6,433,967,000 $36,144,336,769
1989 $5,918,469,800 $30,465,364,739
1988 $5,902,783,400 $25,371,462,488
1987 $6,827,665,300 $20,919,215,578
1986 $6,797,834,200 $18,586,746,057
1985 $6,541,517,100 $19,156,532,746
1984 $6,183,387,100 $19,749,361,098
1983 $5,923,755,900 $17,784,112,150
1982 $5,769,767,900 $16,084,252,378
1981 $5,222,421,500 $14,175,228,844
1980 $4,614,086,400 $11,896,256,783
1979 $3,704,551,600 $9,296,921,724
1978 $3,244,558,600 $7,517,176,355
1977 $2,738,261,900 $6,618,585,074
1976 $2,588,106,000 $6,327,077,974
1975 $2,435,304,100 $5,633,673,930
1974 $2,188,307,600 $5,221,534,956
1973 $1,913,793,400 $3,696,213,333
1972 $1,673,411,700 $2,721,440,981
1971 $1,523,917,200 $2,263,785,444
1970 $1,351,006,400 $1,920,574,150
1969 $1,221,305,700 $1,659,893,768
1968 $1,112,791,100 $1,425,706,091
1967 $1,034,376,400 $1,238,035,816
1966 $928,833,000 $1,096,425,608
1965 $852,485,300 $974,644,096
1964 $776,137,500 $894,153,311
1963 $722,784,500 $917,608,012
1962 $652,120,900 $826,239,212
1961 $599,026,300 $764,629,788
1960 $537,147,100 $704,751,700

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

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

Panama and Singapore economies compared

GDP per capita
Panama

Singapore
1x
Year GDP per capita
Panama Singapore
2024 $19,161 $90,674
2023 $18,797 $85,412
2022 $17,379 $90,299
2021 $15,510 $80,056
2020 $13,291 $61,410
2019 $16,478 $65,952
2018 $16,151 $66,882
2017 $15,695 $61,236
2016 $14,832 $57,006
2015 $14,083 $55,646
2014 $13,213 $57,565
2013 $12,273 $56,967
2012 $11,065 $55,548
2011 $9,662 $53,891
2010 $8,331 $47,237
2009 $7,797 $38,927
2008 $7,348 $40,009
2007 $6,318 $39,433
2006 $5,529 $33,768
2005 $5,018 $29,961
2004 $4,645 $27,608
2003 $4,265 $23,730
2002 $4,091 $22,160
2001 $3,992 $21,700
2000 $3,975 $23,853
1999 $3,950 $21,797
1998 $3,808 $21,829
1997 $3,546 $26,376
1996 $3,308 $26,233
1995 $3,514 $24,915
1994 $3,508 $21,552
1993 $3,358 $18,290
1992 $3,140 $16,136
1991 $2,821 $14,502
1990 $2,620 $11,862
1989 $2,462 $10,395
1988 $2,509 $8,914
1987 $2,966 $7,539
1986 $3,019 $6,800
1985 $2,972 $7,002
1984 $2,875 $7,228
1983 $2,819 $6,633
1982 $2,811 $6,078
1981 $2,605 $5,597
1980 $2,357 $4,928
1979 $1,938 $3,901
1978 $1,738 $3,194
1977 $1,503 $2,846
1976 $1,457 $2,759
1975 $1,406 $2,490
1974 $1,296 $2,342
1973 $1,164 $1,685
1972 $1,046 $1,264
1971 $979 $1,071
1970 $893 $926
1969 $830 $813
1968 $778 $709
1967 $745 $626
1966 $689 $567
1965 $651 $517
1964 $611 $486
1963 $587 $511
1962 $546 $472
1961 $516 $449
1960 $477 $428

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

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

Panama vs. Singapore life expectancy calculator

Life expectancy
Panama

Singapore
1x
Year Life expectancy, years
Panama Singapore
2026 80.1 84.1
2025 80 84
2024 79.8 83.9
2023 79.6 83.7
2022 79.3 82.9
2021 77 83.5
2020 76.3 83.7
2019 78.5 83.7
2018 78.3 83.4
2017 77.9 83.1
2016 77.8 82.9
2015 77.6 82.7
2014 77.4 82.6
2013 77.1 82.5
2012 76.9 82.2
2011 76.7 81.9
2010 76.4 81.6
2009 76.2 81.4
2008 75.9 81.1
2007 75.7 80.9
2006 75.4 80.6
2005 75.2 80.3
2004 74.8 79.7
2003 74.6 79.2
2002 74.2 78.7
2001 73.8 78.3
2000 73.4 77.8
1999 73.1 77.3
1998 72.8 76.9
1997 72.5 76.4
1996 72.2 76.1
1995 72 75.7
1994 71.9 75.6
1993 71.8 75.5
1992 71.5 75.3
1991 71.3 75.1
1990 71.3 74.6
1989 70.1 74.3
1988 70.9 74
1987 70.8 74
1986 70.7 73.6
1985 70.5 73.1
1984 70.4 72.6
1983 70.1 72.4
1982 69.9 72
1981 69.8 71.7
1980 69.5 71.5
1979 69.1 71.4
1978 68.7 71.2
1977 68.3 70.9
1976 67.8 70.6
1975 67.2 70.2
1974 66.6 69.7
1973 65.8 69.4
1972 65.2 69
1971 64.7 68.8
1970 64.1 68.5
1969 63.7 68.1
1968 63.2 67.7
1967 62.9 67.3
1966 62.6 67.2
1965 62.3 66.9
1964 62.1 66.7
1963 61.8 66.5
1962 61.4 66.1
1961 60.9 65.7
1960 60.3 65.3
1959 59.6 64.8
1958 58.9 64
1957 58.3 63.4
1956 57.9 62.6
1955 57.5 61.2
1954 57.2 59.4
1953 56.8 57.5
1952 56.4 56.4
1951 55.9 55.3
1950 55.4 54.1

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

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

Panama and Singapore population clocks and comparison

Population
Panama

Singapore
1x
Year Population
Panama Singapore
2024 4,515,577 6,036,860
2023 4,458,759 5,917,648
2022 4,400,773 5,637,022
2021 4,345,405 5,453,566
2020 4,293,261 5,685,807
2019 4,234,700 5,703,569
2018 4,167,860 5,638,676
2017 4,098,707 5,612,253
2016 4,029,086 5,607,283
2015 3,960,035 5,535,002
2014 3,892,101 5,469,724
2013 3,825,329 5,399,162
2012 3,759,256 5,312,437
2011 3,693,505 5,183,688
2010 3,628,535 5,076,732
2009 3,564,381 4,987,573
2008 3,500,648 4,839,396
2007 3,437,490 4,588,599
2006 3,375,024 4,401,365
2005 3,313,026 4,265,762
2004 3,251,155 4,166,664
2003 3,189,807 4,114,826
2002 3,129,344 4,175,950
2001 3,069,537 4,138,012
2000 3,010,369 4,027,887
1999 2,951,822 3,958,723
1998 2,893,914 3,927,213
1997 2,836,695 3,796,038
1996 2,780,227 3,670,704
1995 2,724,557 3,524,506
1994 2,669,546 3,419,048
1993 2,615,099 3,313,471
1992 2,561,336 3,230,698
1991 2,508,265 3,135,083
1990 2,455,583 3,047,132
1989 2,403,820 2,930,901
1988 2,352,848 2,846,108
1987 2,301,970 2,774,789
1986 2,251,325 2,733,373
1985 2,200,915 2,735,957
1984 2,150,782 2,732,221
1983 2,101,106 2,681,061
1982 2,052,271 2,646,466
1981 2,004,418 2,532,835
1980 1,957,534 2,413,945
1979 1,911,552 2,383,500
1978 1,866,311 2,353,600
1977 1,821,543 2,325,300
1976 1,776,935 2,293,300
1975 1,732,389 2,262,600
1974 1,687,926 2,229,800
1973 1,643,690 2,193,000
1972 1,599,723 2,152,400
1971 1,556,081 2,112,900
1970 1,513,070 2,074,507
1969 1,470,886 2,042,500
1968 1,429,447 2,012,000
1967 1,388,628 1,977,600
1966 1,348,388 1,934,400
1965 1,308,835 1,886,900
1964 1,270,065 1,841,600
1963 1,232,124 1,795,000
1962 1,195,301 1,750,200
1961 1,159,870 1,702,400
1960 1,126,005 1,646,400

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

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

Fertility rates in Panama and Singapore

Fertility rate
Panama

Singapore
1x
Year Fertility rate
Panama Singapore
2023 2.12 0.97
2022 2.14 1.04
2021 2.15 1.12
2020 2.18 1.1
2019 2.29 1.14
2018 2.4 1.14
2017 2.46 1.16
2016 2.5 1.2
2015 2.53 1.24
2014 2.55 1.25
2013 2.57 1.19
2012 2.59 1.29
2011 2.6 1.2
2010 2.59 1.15
2009 2.59 1.22
2008 2.61 1.28
2007 2.61 1.29
2006 2.62 1.28
2005 2.64 1.26
2004 2.68 1.26
2003 2.68 1.27
2002 2.7 1.37
2001 2.72 1.41
2000 2.74 1.6
1999 2.77 1.47
1998 2.79 1.48
1997 2.81 1.61
1996 2.83 1.66
1995 2.85 1.67
1994 2.88 1.71
1993 2.91 1.74
1992 2.95 1.72
1991 3 1.73
1990 3.07 1.83
1989 3.12 1.75
1988 3.17 1.96
1987 3.25 1.62
1986 3.34 1.43
1985 3.43 1.61
1984 3.52 1.62
1983 3.6 1.61
1982 3.66 1.74
1981 3.72 1.78
1980 3.8 1.82
1979 3.88 1.79
1978 3.98 1.79
1977 4.12 1.82
1976 4.26 2.11
1975 4.41 2.07
1974 4.58 2.35
1973 4.74 2.79
1972 4.91 3.04
1971 5.05 3.02
1970 5.18 3.07
1969 5.29 3.22
1968 5.41 3.53
1967 5.53 3.91
1966 5.65 4.46
1965 5.73 4.66
1964 5.81 4.97
1963 5.87 5.16
1962 5.87 5.21
1961 5.87 5.41
1960 5.83 5.76

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

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

Panama and Singapore demographics compared

Median age
Panama

Singapore
1x
Year Median age, years
Panama Singapore
2024 30.9 36.8
2023 30.6 36.2
2022 30.3 35.9
2021 30 35.8
2020 29.7 35.5
2019 29.4 35.2
2018 29.1 35
2017 28.8 34.8
2016 28.5 34.5
2015 28.3 34.4
2014 28 34.2
2013 27.8 34.1
2012 27.5 34
2011 27.2 33.9
2010 27 33.7
2009 26.7 33.6
2008 26.4 33.5
2007 26.1 33.6
2006 25.9 33.6
2005 25.6 33.5
2004 25.3 33.3
2003 25.1 33
2002 24.8 32.7
2001 24.5 32.5
2000 24.3 32.2
1999 24 31.9
1998 23.7 31.6
1997 23.5 31.4
1996 23.2 31.2
1995 22.9 31
1994 22.7 30.7
1993 22.4 30.4
1992 22.1 30.1
1991 21.8 29.8
1990 21.5 29.5
1989 21.3 29.1
1988 21 28.7
1987 20.7 28.3
1986 20.4 27.8
1985 20.2 27.3
1984 19.9 26.9
1983 19.7 26.4
1982 19.5 25.9
1981 19.2 25.3
1980 19 24.7
1979 18.8 24.2
1978 18.6 23.6
1977 18.4 23.1
1976 18.3 22.6
1975 18.1 22
1974 18 21.5
1973 17.8 21
1972 17.7 20.6
1971 17.7 20.1
1970 17.6 19.7
1969 17.6 19.3
1968 17.5 18.9
1967 17.5 18.6
1966 17.5 18.4
1965 17.5 18.2
1964 17.6 18.1
1963 17.6 18
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/singapore | CC BY

Interactive Maps

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

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National statistics comparison

Finance

Panama Singapore
GNI, Atlas method
$81.3B
2024
$451B
2024
Government expenditure, % of GDP
23.1%
2024
14.6%
2024
Education expenditure, % of GDP
2.47%
2023
2.19%
2024
Military expenditure, % of GDP
0.97%
1999
2.84%
2024
Armed forces personnel
28,000
2020
59,000
2020
Deficit/surplus, % of GDP
-7.42%
2024
+4.44%
2024
Unemployment rate
8.61%
2024
2.74%
2024
Services, % of GDP
69.3%
2024
73%
2024
Industry, % of GDP
25.5%
2024
21.4%
2024
Economic freedom index
64.9
2026
84.4
2026
Income share by richest 10%
37.6%
2024
n/a
Income share by poorest 10%
1.2%
2024
n/a
Number of millionaires n/a
331,000
2025
Percentage of millionaires n/a
6.65%
2025
Number of billionaires
0
2025
49
2025
Percentage of billionaires
0%
2025
0.001%
2025
Listed domestic companies
36
2024
400
2024
Market capitalization of domestic companies
$18.3B
2024
$638B
2024
Total reserves including gold
$6.86B
2024
$384B
2024
Personal remittances received
$532M
2024
n/a
International tourist arrivals
647,000
2020
2,742,000
2020
International tourism as share of exports
9.3%
2020
3.04%
2018
Banked people share
64.1%
2024
98%
2024

Energy

Panama Singapore
Energy use, kg of oil equivalent per capita
1,063 kg
2022
5,283 kg
2023
GDP PPP per kg equivalent of energy use
$34.2
2022
$27.2
2023
Carbon dioxide (CO2) emissions
12.4 megatons
2024
58.9 megatons
2024
CO2 emissions per capita
2.74 tons
2024
9.75 tons
2024
Fossil fuel energy use share
76.5%
2022
97.9%
2022
Renewable energy use share
28%
2021
1.1%
2021
Alternative and nuclear energy use share
17.3%
2022
0.38%
2023
Net energy imports use share
171.2%
2022
279.6%
2023
Electric power consumption per capita
2,546 kWh
2022
9,750 kWh
2023
Renewable electricity output share
79.3%
2021
4.02%
2021
Hydroelectric share
66.3%
2022
0%
2021
Nuclear share
0%
2021
0%
2021
Electricity access
97%
2023
100%
2023

Society

Panama Singapore
% of world population
0.06%
2024
0.07%
2024
Annual migration change
+6,151
2025
+16,892
2025
Urban population
66%
2024
100%
2024
Male:Female ratio
50:50
2024
51.7:48.3
2024
Average male height
5.58 ft
2025
5.69 ft
2025
Average female height
5.19 ft
2025
5.29 ft
2025
Quality of life index
60.2
2026
95.6
2026
Corruption Perceptions Index
33
2025
84
2025
Higher education index
40
2026
96
2026
Homicides per 100K people
11.3
2022
0.07
2023
Road traffic mortality per 100K people
13.9
2019
2.1
2019
Visa free countries
138
2025
175
2025
Adult literacy rate
96.3%
2024
97.7%
2021
English speaking
14%
2023
96.4%
2023
People using the Internet
68.5%
2023
94.4%
2024

Health

Panama Singapore
Government health expenditure per capita
$1,558
2023
$3,922
2023
Out-of-pocket health expenditure per capita
$630
2023
$997
2023
Life expectancy
80.1 years
2026
84.1 years
2026
Foreign aid share of health expenditure
0.76%
2023
0%
2023
Physicians per 1,000 people
1.63
2022
2.83
2022
Age at first childbirth n/a
30.5 years
2025
Maternal mortality per 100K births
37
2023
6
2023
Mortality rate before reaching 5 years of age
13.3
2023
2.1
2023
Obesity rate
37.1%
2022
14%
2022
Diabetes prevalence
11.1%
2024
11.4%
2024
Air quality index
79
2026
68
2026
Tobacco use prevalence
5.2%
2022
16.4%
2022
Pure alcohol consumption per capita
4.66 liters
2020
1.81 liters
2020

Territory

Panama Singapore
% of world land
0.05%
2026
0.0005%
2026
Land area per capita
6,343 sq mi
2024
45.9 sq mi
2024
Agricultural land area
8,456 sq mi
2026
2.55 sq mi
2026
Forest area
16,138 sq mi
2026
58 sq mi
2026
Roads length n/a
2,175 mi
2017

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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