Panama has a population of 4.52M (ranked 128/197), compared with 23.3M in Taiwan (ranked 60/197). Panama's land area is 28,641 sq mi versus 13,976 sq mi for Taiwan (ranked 115th vs. 133rd).
By GDP, Panama ranks 78/197 ($86.5B) and Taiwan ranks 22/197 ($802B). By GDP per capita, Panama ranks 60/197 ($19,161), while Taiwan ranks 35/197 ($34,238).
Main facts and rankings
Panama
|
Taiwan
|
|
|---|---|---|
| Population |
4642198
|
23229461
|
| Population rank | 128/197 | 60/197 |
| GDP |
$86.5B
2024 |
$802B
2024 |
| GDP rank | 78/197 | 22/197 |
| GDP per capita |
$19,161
2024 |
$34,238
2024 |
| GDP per capita rank | 60/197 | 35/197 |
| GDP per capita, PPP |
$41,369
2024 |
$50,500
2017 |
| Government debt |
$49.6B
2024 |
$211B
2024 |
| Debt-to-GDP ratio |
57.4%
2024 |
26.3%
2024 |
| Government debt per person |
$10,995
2024 |
$9,020
2024 |
| Government debt per person rank | 51/185 | 59/185 |
| Average annual personal income after taxes |
$10,196
2026 |
$18,163
2026 |
| Land area | 28,641 sq mi | 13,976 sq mi |
| Population density |
161.6 ppl/mi²
2026 |
1,662 ppl/mi²
2026 |
| Fertility rate |
2.12
2023 |
0.89
2024 |
| Median age |
30.9 years
2024 |
45.1 years
2024 |
| Life expectancy |
80.1 years
2026 |
81.1 years
2026 |
Panama and Taiwan: Comparison Charts
Panama and Taiwan economies compared
| Year | GDP | |
|---|---|---|
|
Panama
|
Taiwan
|
|
| 2024 | $86,523,959,132 | $801,529,000,000 |
| 2023 | $83,812,155,244 | $757,328,000,000 |
| 2022 | $76,479,304,471 | $765,529,000,000 |
| 2021 | $67,396,392,506 | $777,062,000,000 |
| 2020 | $57,059,846,522 | $676,935,000,000 |
| 2019 | $69,778,991,193 | $613,453,000,000 |
| 2018 | $67,316,471,181 | $610,744,000,000 |
| 2017 | $64,327,688,826 | $591,734,000,000 |
| 2016 | $59,760,858,718 | $543,002,000,000 |
| 2015 | $55,767,806,073 | $534,474,000,000 |
| 2014 | $51,427,104,882 | $535,332,000,000 |
| 2013 | $46,949,496,479 | $512,957,000,000 |
| 2012 | $41,595,439,721 | $495,536,000,000 |
| 2011 | $35,687,738,252 | $483,957,000,000 |
| 2010 | $30,231,009,533 | $444,245,000,000 |
| 2009 | $27,791,215,547 | $390,788,000,000 |
| 2008 | $25,721,327,955 | $415,824,000,000 |
| 2007 | $21,717,433,808 | $406,940,000,000 |
| 2006 | $18,659,721,513 | $386,492,000,000 |
| 2005 | $16,623,906,739 | $374,042,000,000 |
| 2004 | $15,100,203,362 | $346,881,000,000 |
| 2003 | $13,603,456,003 | $317,374,000,000 |
| 2002 | $12,800,851,271 | $307,429,000,000 |
| 2001 | $12,252,906,341 | $299,303,000,000 |
| 2000 | $11,966,497,049 | $330,725,000,000 |
| 1999 | $11,660,704,777 | $303,827,000,000 |
| 1998 | $11,019,557,689 | $279,926,000,000 |
| 1997 | $10,058,854,386 | $303,315,000,000 |
| 1996 | $9,197,503,323 | $292,473,000,000 |
| 1995 | $9,573,813,700 | $279,013,000,000 |
| 1994 | $9,365,289,800 | $256,213,000,000 |
| 1993 | $8,782,585,400 | $234,943,000,000 |
| 1992 | $8,042,337,700 | $222,947,000,000 |
| 1991 | $7,074,675,500 | $187,100,000,000 |
| 1990 | $6,433,967,000 | $166,392,000,000 |
| 1989 | $5,918,469,800 | $152,687,000,000 |
| 1988 | $5,902,783,400 | $126,378,000,000 |
| 1987 | $6,827,665,300 | $104,956,000,000 |
| 1986 | $6,797,834,200 | $78,347,000,000 |
| 1985 | $6,541,517,100 | $63,599,000,000 |
| 1984 | $6,183,387,100 | $61,036,000,000 |
| 1983 | $5,923,755,900 | $54,155,000,000 |
| 1982 | $5,769,767,900 | $49,540,000,000 |
| 1981 | $5,222,421,500 | $49,047,000,000 |
| 1980 | $4,614,086,400 | $42,292,000,000 |
| 1979 | $3,704,551,600 | $33,875,000,000 |
| 1978 | $3,244,558,600 | $27,373,000,000 |
| 1977 | $2,738,261,900 | $22,252,000,000 |
| 1976 | $2,588,106,000 | $18,988,000,000 |
| 1975 | $2,435,304,100 | $15,836,000,000 |
| 1974 | $2,188,307,600 | $14,739,000,000 |
| 1973 | $1,913,793,400 | $10,940,000,000 |
| 1972 | $1,673,411,700 | $8,063,000,000 |
| 1971 | $1,523,917,200 | $6,727,000,000 |
| 1970 | $1,351,006,400 | $5,785,000,000 |
| 1969 | $1,221,305,700 | $5,017,000,000 |
| 1968 | $1,112,791,100 | $4,325,000,000 |
| 1967 | $1,034,376,400 | $3,709,000,000 |
| 1966 | $928,833,000 | $3,207,000,000 |
| 1965 | $852,485,300 | $2,869,000,000 |
| 1964 | $776,137,500 | $2,592,000,000 |
| 1963 | $722,784,500 | $2,218,000,000 |
| 1962 | $652,120,900 | $1,960,000,000 |
| 1961 | $599,026,300 | $1,778,000,000 |
| 1960 | $537,147,100 | $1,743,000,000 |
| 1959 | - | $1,444,000,000 |
| 1958 | - | $1,836,000,000 |
| 1957 | - | $1,636,000,000 |
| 1956 | - | $1,399,000,000 |
| 1955 | - | $1,940,000,000 |
| 1954 | - | $1,628,000,000 |
| 1953 | - | $1,481,000,000 |
| 1952 | - | $1,677,000,000 |
| 1951 | - | $1,197,000,000 |
Data sources: National Statistics, Taiwan (1951–2024, retrieved 2026-02-09); World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/facts/panama/taiwan | CC BY 
Panama and Taiwan economies compared
| Year | GDP per capita | |
|---|---|---|
|
Panama
|
Taiwan
|
|
| 2024 | $19,161 | $34,238 |
| 2023 | $18,797 | $32,444 |
| 2022 | $17,379 | $32,827 |
| 2021 | $15,510 | $33,111 |
| 2020 | $13,291 | $28,705 |
| 2019 | $16,478 | $25,998 |
| 2018 | $16,151 | $25,901 |
| 2017 | $15,695 | $25,121 |
| 2016 | $14,832 | $23,091 |
| 2015 | $14,083 | $22,780 |
| 2014 | $13,213 | $22,874 |
| 2013 | $12,273 | $21,973 |
| 2012 | $11,065 | $21,295 |
| 2011 | $9,662 | $20,866 |
| 2010 | $8,331 | $19,197 |
| 2009 | $7,797 | $16,933 |
| 2008 | $7,348 | $18,081 |
| 2007 | $6,318 | $17,757 |
| 2006 | $5,529 | $16,934 |
| 2005 | $5,018 | $16,456 |
| 2004 | $4,645 | $15,317 |
| 2003 | $4,265 | $14,066 |
| 2002 | $4,091 | $13,686 |
| 2001 | $3,992 | $13,397 |
| 2000 | $3,975 | $14,908 |
| 1999 | $3,950 | $13,804 |
| 1998 | $3,808 | $12,820 |
| 1997 | $3,546 | $14,020 |
| 1996 | $3,308 | $13,641 |
| 1995 | $3,514 | $13,119 |
| 1994 | $3,508 | $12,150 |
| 1993 | $3,358 | $11,242 |
| 1992 | $3,140 | $10,768 |
| 1991 | $2,821 | $9,125 |
| 1990 | $2,620 | $8,205 |
| 1989 | $2,462 | $7,613 |
| 1988 | $2,509 | $6,370 |
| 1987 | $2,966 | $5,350 |
| 1986 | $3,019 | $4,036 |
| 1985 | $2,972 | $3,314 |
| 1984 | $2,875 | $3,224 |
| 1983 | $2,819 | $2,903 |
| 1982 | $2,811 | $2,699 |
| 1981 | $2,605 | $2,720 |
| 1980 | $2,357 | $2,389 |
| 1979 | $1,938 | $1,950 |
| 1978 | $1,738 | $1,606 |
| 1977 | $1,503 | $1,330 |
| 1976 | $1,457 | $1,158 |
| 1975 | $1,406 | $985 |
| 1974 | $1,296 | $934 |
| 1973 | $1,164 | $706 |
| 1972 | $1,046 | $530 |
| 1971 | $979 | $451 |
| 1970 | $893 | $397 |
| 1969 | $830 | $357 |
| 1968 | $778 | $319 |
| 1967 | $745 | $280.8 |
| 1966 | $689 | $249.1 |
| 1965 | $651 | $229.3 |
| 1964 | $611 | $213.6 |
| 1963 | $587 | $188.6 |
| 1962 | $546 | $172 |
| 1961 | $516 | $161.2 |
| 1960 | $477 | $163.4 |
| 1959 | - | $140.4 |
| 1958 | - | $185.1 |
| 1957 | - | $170.5 |
| 1956 | - | $150.6 |
| 1955 | - | $216.3 |
| 1954 | - | $188.3 |
| 1953 | - | $177.7 |
| 1952 | - | $208.4 |
| 1951 | - | $154.3 |
Data sources: National Statistics, Taiwan (1951–2024, retrieved 2026-02-09); World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/facts/panama/taiwan | CC BY
Panama vs. Taiwan life expectancy calculator
| Year | Life expectancy, years | |
|---|---|---|
|
Panama
|
Taiwan
|
|
| 2026 | 80.1 | 81.1 |
| 2025 | 80 | 80.9 |
| 2024 | 79.8 | 80.7 |
| 2023 | 79.6 | 80.6 |
| 2022 | 79.3 | 80.2 |
| 2021 | 77 | 80.8 |
| 2020 | 76.3 | 81.1 |
| 2019 | 78.5 | 80.6 |
| 2018 | 78.3 | 80.4 |
| 2017 | 77.9 | 80.1 |
| 2016 | 77.8 | 79.7 |
| 2015 | 77.6 | 79.9 |
| 2014 | 77.4 | 79.5 |
| 2013 | 77.1 | 79.6 |
| 2012 | 76.9 | 79.2 |
| 2011 | 76.7 | 78.9 |
| 2010 | 76.4 | 79 |
| 2009 | 76.2 | 78.7 |
| 2008 | 75.9 | 78.3 |
| 2007 | 75.7 | 78 |
| 2006 | 75.4 | 77.8 |
| 2005 | 75.2 | 77.1 |
| 2004 | 74.8 | 77.2 |
| 2003 | 74.6 | 77 |
| 2002 | 74.2 | 76.9 |
| 2001 | 73.8 | 76.5 |
| 2000 | 73.4 | 76.1 |
| 1999 | 73.1 | 75.6 |
| 1998 | 72.8 | 75.5 |
| 1997 | 72.5 | 75.3 |
| 1996 | 72.2 | 74.9 |
| 1995 | 72 | 74.6 |
| 1994 | 71.9 | 74.7 |
| 1993 | 71.8 | 74.6 |
| 1992 | 71.5 | 74.3 |
| 1991 | 71.3 | 74.3 |
| 1990 | 71.3 | 73.9 |
| 1989 | 70.1 | 73.7 |
| 1988 | 70.9 | 73.4 |
| 1987 | 70.8 | 73.6 |
| 1986 | 70.7 | 73.3 |
| 1985 | 70.5 | 73.3 |
| 1984 | 70.4 | 73 |
| 1983 | 70.1 | 72.4 |
| 1982 | 69.9 | 72.4 |
| 1981 | 69.8 | 72 |
| 1980 | 69.5 | 72 |
| 1979 | 69.1 | 71.7 |
| 1978 | 68.7 | 71.7 |
| 1977 | 68.3 | 71.3 |
| 1976 | 67.8 | 71.2 |
| 1975 | 67.2 | 70.9 |
| 1974 | 66.6 | 70.3 |
| 1973 | 65.8 | 69.8 |
| 1972 | 65.2 | 69.6 |
| 1971 | 64.7 | 69.4 |
| 1970 | 64.1 | 69 |
| 1969 | 63.7 | 67.7 |
| 1968 | 63.2 | 66.8 |
| 1967 | 62.9 | 66.7 |
| 1966 | 62.6 | 66.1 |
| 1965 | 62.3 | 65.7 |
| 1964 | 62.1 | 64.9 |
| 1963 | 61.8 | 64.5 |
| 1962 | 61.4 | 63.8 |
| 1961 | 60.9 | 63 |
| 1960 | 60.3 | 62.5 |
| 1959 | 59.6 | 61.6 |
| 1958 | 58.9 | 61 |
| 1957 | 58.3 | 61 |
| 1956 | 57.9 | 60.3 |
| 1955 | 57.5 | 59.8 |
| 1954 | 57.2 | 58.9 |
| 1953 | 56.8 | 58.6 |
| 1952 | 56.4 | 57.9 |
| 1951 | 55.9 | 57.2 |
| 1950 | 55.4 | 56.6 |
Data sources: United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10).
GeoRank.org/facts/panama/taiwan | CC BY
Panama and Taiwan population clocks and comparison
| Year | Population | |
|---|---|---|
|
Panama
|
Taiwan
|
|
| 2025 | - | 23,331,886 |
| 2024 | 4,515,577 | 23,410,331 |
| 2023 | 4,458,759 | 23,342,541 |
| 2022 | 4,400,773 | 23,319,977 |
| 2021 | 4,345,405 | 23,468,275 |
| 2020 | 4,293,261 | 23,582,179 |
| 2019 | 4,234,700 | 23,596,027 |
| 2018 | 4,167,860 | 23,580,080 |
| 2017 | 4,098,707 | 23,555,522 |
| 2016 | 4,029,086 | 23,515,945 |
| 2015 | 3,960,035 | 23,462,914 |
| 2014 | 3,892,101 | 23,403,635 |
| 2013 | 3,825,329 | 23,344,670 |
| 2012 | 3,759,256 | 23,270,367 |
| 2011 | 3,693,505 | 23,193,518 |
| 2010 | 3,628,535 | 23,140,948 |
| 2009 | 3,564,381 | 23,078,402 |
| 2008 | 3,500,648 | 22,997,696 |
| 2007 | 3,437,490 | 22,917,444 |
| 2006 | 3,375,024 | 22,823,455 |
| 2005 | 3,313,026 | 22,729,753 |
| 2004 | 3,251,155 | 22,646,836 |
| 2003 | 3,189,807 | 22,562,663 |
| 2002 | 3,129,344 | 22,463,172 |
| 2001 | 3,069,537 | 22,341,120 |
| 2000 | 3,010,369 | 22,184,530 |
| 1999 | 2,951,822 | 22,010,489 |
| 1998 | 2,893,914 | 21,835,703 |
| 1997 | 2,836,695 | 21,634,124 |
| 1996 | 2,780,227 | 21,441,432 |
| 1995 | 2,724,557 | 21,267,653 |
| 1994 | 2,669,546 | 21,086,645 |
| 1993 | 2,615,099 | 20,899,019 |
| 1992 | 2,561,336 | 20,704,227 |
| 1991 | 2,508,265 | 20,503,568 |
| 1990 | 2,455,583 | 20,278,946 |
| 1989 | 2,403,820 | 20,055,492 |
| 1988 | 2,352,848 | 19,839,704 |
| 1987 | 2,301,970 | 19,617,046 |
| 1986 | 2,251,325 | 19,411,454 |
| 1985 | 2,200,915 | 19,191,510 |
| 1984 | 2,150,782 | 18,929,866 |
| 1983 | 2,101,106 | 18,653,146 |
| 1982 | 2,052,271 | 18,354,855 |
| 1981 | 2,004,418 | 18,029,982 |
| 1980 | 1,957,534 | 17,704,538 |
| 1979 | 1,911,552 | 17,372,779 |
| 1978 | 1,866,311 | 17,042,272 |
| 1977 | 1,821,543 | 16,730,895 |
| 1976 | 1,776,935 | 16,401,413 |
| 1975 | 1,732,389 | 16,075,128 |
| 1974 | 1,687,926 | 15,784,817 |
| 1973 | 1,643,690 | 15,505,121 |
| 1972 | 1,599,723 | 15,220,495 |
| 1971 | 1,556,081 | 14,913,564 |
| 1970 | 1,513,070 | 14,582,944 |
| 1969 | 1,470,886 | 14,068,984 |
| 1968 | 1,429,447 | 13,548,537 |
| 1967 | 1,388,628 | 13,210,344 |
| 1966 | 1,348,388 | 12,874,153 |
| 1965 | 1,308,835 | 12,511,863 |
| 1964 | 1,270,065 | 12,137,143 |
| 1963 | 1,232,124 | 11,762,101 |
| 1962 | 1,195,301 | 11,392,513 |
| 1961 | 1,159,870 | 11,030,385 |
| 1960 | 1,126,005 | 10,667,705 |
| 1959 | - | 10,288,327 |
| 1958 | - | 9,920,227 |
| 1957 | - | 9,597,690 |
| 1956 | - | 9,289,545 |
| 1955 | - | 8,967,001 |
| 1954 | - | 8,645,264 |
| 1953 | - | 8,333,009 |
| 1952 | - | 8,046,915 |
| 1951 | - | 7,758,202 |
Data sources: National Statistics, Taiwan (1951–2025, retrieved 2026-02-09); World Bank | Health (1960–2024, retrieved 2026-04-06).
GeoRank.org/facts/panama/taiwan | CC BY
Fertility rates in Panama and Taiwan
| Year | Fertility rate | |
|---|---|---|
|
Panama
|
Taiwan
|
|
| 2024 | - | 0.89 |
| 2023 | 2.12 | 0.87 |
| 2022 | 2.14 | 0.87 |
| 2021 | 2.15 | 0.98 |
| 2020 | 2.18 | 0.99 |
| 2019 | 2.29 | 1.05 |
| 2018 | 2.4 | 1.06 |
| 2017 | 2.46 | 1.13 |
| 2016 | 2.5 | 1.17 |
| 2015 | 2.53 | 1.18 |
| 2014 | 2.55 | - |
| 2013 | 2.57 | - |
| 2012 | 2.59 | - |
| 2011 | 2.6 | 1.07 |
| 2010 | 2.59 | - |
| 2009 | 2.59 | - |
| 2008 | 2.61 | - |
| 2007 | 2.61 | - |
| 2006 | 2.62 | - |
| 2005 | 2.64 | - |
| 2004 | 2.68 | - |
| 2003 | 2.68 | - |
| 2002 | 2.7 | - |
| 2001 | 2.72 | 1.4 |
| 2000 | 2.74 | - |
| 1999 | 2.77 | - |
| 1998 | 2.79 | - |
| 1997 | 2.81 | - |
| 1996 | 2.83 | - |
| 1995 | 2.85 | - |
| 1994 | 2.88 | - |
| 1993 | 2.91 | - |
| 1992 | 2.95 | - |
| 1991 | 3 | 1.72 |
| 1990 | 3.07 | - |
| 1989 | 3.12 | - |
| 1988 | 3.17 | - |
| 1987 | 3.25 | - |
| 1986 | 3.34 | - |
| 1985 | 3.43 | - |
| 1984 | 3.52 | - |
| 1983 | 3.6 | - |
| 1982 | 3.66 | - |
| 1981 | 3.72 | 2.46 |
| 1980 | 3.8 | - |
| 1979 | 3.88 | - |
| 1978 | 3.98 | - |
| 1977 | 4.12 | - |
| 1976 | 4.26 | - |
| 1975 | 4.41 | - |
| 1974 | 4.58 | - |
| 1973 | 4.74 | - |
| 1972 | 4.91 | - |
| 1971 | 5.05 | - |
| 1970 | 5.18 | - |
| 1969 | 5.29 | - |
| 1968 | 5.41 | - |
| 1967 | 5.53 | - |
| 1966 | 5.65 | - |
| 1965 | 5.73 | - |
| 1964 | 5.81 | - |
| 1963 | 5.87 | - |
| 1962 | 5.87 | - |
| 1961 | 5.87 | - |
| 1960 | 5.83 | - |
| 1959 | - | - |
| 1958 | - | - |
| 1957 | - | - |
| 1956 | - | - |
| 1955 | - | - |
| 1954 | - | - |
| 1953 | - | - |
| 1952 | - | - |
| 1951 | - | 7.04 |
Data sources: World Bank | Health (1960–2023, retrieved 2026-04-06); National Statistics, Taiwan (1951–2024, retrieved 2026-02-09).
GeoRank.org/facts/panama/taiwan | CC BY
Panama and Taiwan demographics compared
| Year | Median age, years | |
|---|---|---|
|
Panama
|
Taiwan
|
|
| 2024 | 30.9 | 45.1 |
| 2023 | 30.6 | 44.5 |
| 2022 | 30.3 | 43.9 |
| 2021 | 30 | 43.3 |
| 2020 | 29.7 | 42.7 |
| 2019 | 29.4 | 42.1 |
| 2018 | 29.1 | 41.5 |
| 2017 | 28.8 | 41 |
| 2016 | 28.5 | 40.4 |
| 2015 | 28.3 | 39.9 |
| 2014 | 28 | 39.3 |
| 2013 | 27.8 | 38.9 |
| 2012 | 27.5 | 38.3 |
| 2011 | 27.2 | 37.9 |
| 2010 | 27 | 37.4 |
| 2009 | 26.7 | 36.8 |
| 2008 | 26.4 | 36.3 |
| 2007 | 26.1 | 35.8 |
| 2006 | 25.9 | 35.2 |
| 2005 | 25.6 | 34.7 |
| 2004 | 25.3 | 34.1 |
| 2003 | 25.1 | 33.6 |
| 2002 | 24.8 | 33.1 |
| 2001 | 24.5 | 32.6 |
| 2000 | 24.3 | 32.1 |
| 1999 | 24 | 31.6 |
| 1998 | 23.7 | 31.2 |
| 1997 | 23.5 | 30.7 |
| 1996 | 23.2 | 30.3 |
| 1995 | 22.9 | 29.8 |
| 1994 | 22.7 | 29.4 |
| 1993 | 22.4 | 28.9 |
| 1992 | 22.1 | 28.4 |
| 1991 | 21.8 | 28 |
| 1990 | 21.5 | 27.5 |
| 1989 | 21.3 | 27 |
| 1988 | 21 | 26.5 |
| 1987 | 20.7 | 26.1 |
| 1986 | 20.4 | 25.6 |
| 1985 | 20.2 | 25.1 |
| 1984 | 19.9 | 24.6 |
| 1983 | 19.7 | 24.1 |
| 1982 | 19.5 | 23.8 |
| 1981 | 19.2 | 23.4 |
| 1980 | 19 | 23 |
| 1979 | 18.8 | 22.6 |
| 1978 | 18.6 | 22.3 |
| 1977 | 18.4 | 21.9 |
| 1976 | 18.3 | 21.5 |
| 1975 | 18.1 | 21.2 |
| 1974 | 18 | 20.8 |
| 1973 | 17.8 | - |
| 1972 | 17.7 | - |
| 1971 | 17.7 | - |
| 1970 | 17.6 | - |
| 1969 | 17.6 | - |
| 1968 | 17.5 | - |
| 1967 | 17.5 | - |
| 1966 | 17.5 | - |
| 1965 | 17.5 | - |
| 1964 | 17.6 | - |
| 1963 | 17.6 | - |
| 1962 | 17.7 | - |
| 1961 | 17.8 | - |
| 1960 | 17.8 | - |
Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06); National Statistics, Taiwan (1974–2024, retrieved 2026-02-09).
GeoRank.org/facts/panama/taiwan | CC BY
Interactive Maps
Use the buttons below to switch between world maps comparing statistics for Panama and Taiwan.
National statistics comparison
Finance
|
Panama
|
Taiwan
|
|
|---|---|---|
| GNI, Atlas method |
$81.3B
2024 |
$832B
2024 |
| Government expenditure, % of GDP |
23.1%
2024 |
15.8%
2024 |
| Education expenditure, % of GDP |
2.47%
2023 |
n/a |
| Military expenditure, % of GDP |
0.97%
1999 |
n/a |
| Armed forces personnel |
28,000
2020 |
n/a |
| Deficit/surplus, % of GDP |
-7.42%
2024 |
+0.43%
2024 |
| Unemployment rate |
8.61%
2024 |
3.35%
2025 |
| Services, % of GDP |
69.3%
2024 |
58.8%
2024 |
| Industry, % of GDP |
25.5%
2024 |
39.8%
2024 |
| Economic freedom index |
64.9
2026 |
79.8
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 |
759,000
2025 |
| Percentage of millionaires | n/a |
3.86%
2025 |
| Number of billionaires |
0
2025 |
54
2025 |
| Percentage of billionaires |
0%
2025 |
0.0003%
2025 |
| Listed domestic companies |
36
2024 |
n/a |
| Market capitalization of domestic companies |
$18.3B
2024 |
n/a |
| Total reserves including gold |
$6.86B
2024 |
n/a |
| Personal remittances received |
$532M
2024 |
n/a |
| International tourist arrivals |
647,000
2020 |
n/a |
| International tourism as share of exports |
9.3%
2020 |
n/a |
| Banked people share |
64.1%
2024 |
n/a |
Energy
|
Panama
|
Taiwan
|
|
|---|---|---|
| Energy use, kg of oil equivalent per capita |
1,063 kg
2022 |
2,308 kg
2024 |
| GDP PPP per kg equivalent of energy use |
$34.2
2022 |
n/a |
| Carbon dioxide (CO2) emissions |
12.4 megatons
2024 |
273.7 megatons
2022 |
| CO2 emissions per capita |
2.74 tons
2024 |
11.7 tons
2022 |
| Fossil fuel energy use share |
76.5%
2022 |
n/a |
| Renewable energy use share |
28%
2021 |
n/a |
| Alternative and nuclear energy use share |
17.3%
2022 |
n/a |
| Net energy imports use share |
171.2%
2022 |
n/a |
| Electric power consumption per capita |
2,546 kWh
2022 |
n/a |
| Renewable electricity output share |
79.3%
2021 |
n/a |
| Hydroelectric share |
66.3%
2022 |
n/a |
| Nuclear share |
0%
2021 |
n/a |
| Electricity access |
97%
2023 |
n/a |
Society
|
Panama
|
Taiwan
|
|
|---|---|---|
| % of world population |
0.06%
2024 |
0.29%
2025 |
| Annual migration change |
+6,151
2025 |
+47,029
2024 |
| Urban population |
66%
2024 |
n/a |
| Male:Female ratio |
50:50
2024 |
49.3:50.7
2024 |
| Average male height |
5.58 ft
2025 |
5.69 ft
2025 |
| Average female height |
5.19 ft
2025 |
5.27 ft
2025 |
| Quality of life index |
60.2
2026 |
82.8
2026 |
| Corruption Perceptions Index |
33
2025 |
68
2025 |
| Higher education index |
40
2026 |
89
2026 |
| Homicides per 100K people |
11.3
2022 |
0.8
2015 |
| Road traffic mortality per 100K people |
13.9
2019 |
2
2024 |
| Visa free countries |
138
2025 |
127
2025 |
| Adult literacy rate |
96.3%
2024 |
98.5%
2014 |
| English speaking |
14%
2023 |
30%
2025 |
| People using the Internet |
68.5%
2023 |
n/a |
Health
|
Panama
|
Taiwan
|
|
|---|---|---|
| Government health expenditure per capita |
$1,558
2023 |
n/a |
| Out-of-pocket health expenditure per capita |
$630
2023 |
n/a |
| Life expectancy |
80.1 years
2026 |
81.1 years
2026 |
| Foreign aid share of health expenditure |
0.76%
2023 |
n/a |
| Physicians per 1,000 people |
1.63
2022 |
n/a |
| Maternal mortality per 100K births |
37
2023 |
14
2024 |
| Mortality rate before reaching 5 years of age |
13.3
2023 |
n/a |
| Obesity rate |
37.1%
2022 |
11.3%
2022 |
| Diabetes prevalence |
11.1%
2024 |
n/a |
| Air quality index |
79
2026 |
55
2026 |
| Tobacco use prevalence |
5.2%
2022 |
n/a |
| Pure alcohol consumption per capita |
4.66 liters
2020 |
n/a |
Territory
In-depth comparisons
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Data sources:
- World Bank | Health (1960–2025, retrieved 2026-04-06)
- United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10)
- National Statistics, Taiwan (1951–2026, retrieved 2026-02-09)
- U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
- Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20)
- International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
- LivingCost (2026, retrieved 2025-10-14)
- World Obesity Federation (2022, retrieved 2026-02-08)
- Passport Index (2025, retrieved 2026-02-08)
- Transparency International (2025, retrieved 2026-02-10)
- The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
- EduRank (2026, retrieved 2025-10-13)
Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.