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Panama vs Thailand statistics compared

Updated on by Georank team

Panama has a population of 4.52M (ranked 128/197), compared with 71.7M in Thailand (ranked 20/197). Panama's land area is 28,641 sq mi versus 197,256 sq mi for Thailand (ranked 115th vs. 50th).

By GDP, Panama ranks 78/197 ($86.5B) and Thailand ranks 31/197 ($527B). By GDP per capita, Panama ranks 60/197 ($19,161), while Thailand ranks 100/197 ($7,347).

Main facts and rankings

Panama Thailand
Population
4642198
71571743
Population rank 128/197 21/197
GDP
$86.5B
2024
$527B
2024
GDP rank 78/197 31/197
GDP per capita
$19,161
2024
$7,347
2024
GDP per capita rank 60/197 100/197
GDP per capita, PPP
$41,369
2024
$24,712
2024
Government debt
$49.6B
2024
$333B
2024
Debt-to-GDP ratio
57.4%
2024
63.2%
2024
Government debt per person
$10,995
2024
$4,643
2024
Government debt per person rank 51/185 84/185
Average annual personal income after taxes
$10,196
2026
$6,733
2026
Land area 28,641 sq mi 197,256 sq mi
Population density
161.6 ppl/mi²
2026
363 ppl/mi²
2026
Fertility rate
2.12
2023
1.21
2023
Median age
30.9 years
2024
41.1 years
2024
Life expectancy
80.1 years
2026
77.1 years
2026

Panama and Thailand: Comparison Charts

Panama and Thailand economies compared

GDP
Panama

Thailand
1x
Year GDP
Panama Thailand
2024 $86,523,959,132 $526,517,658,842
2023 $83,812,155,244 $515,906,283,941
2022 $76,479,304,471 $495,644,697,588
2021 $67,396,392,506 $506,194,668,790
2020 $57,059,846,522 $500,461,898,480
2019 $69,778,991,193 $543,976,691,794
2018 $67,316,471,181 $506,754,208,404
2017 $64,327,688,826 $456,356,813,537
2016 $59,760,858,718 $413,366,349,748
2015 $55,767,806,073 $401,296,238,228
2014 $51,427,104,882 $407,339,040,198
2013 $46,949,496,479 $420,333,654,593
2012 $41,595,439,721 $397,558,325,279
2011 $35,687,738,252 $370,818,739,624
2010 $30,231,009,533 $341,104,766,329
2009 $27,791,215,547 $281,710,630,187
2008 $25,721,327,955 $291,382,982,431
2007 $21,717,433,808 $262,942,621,455
2006 $18,659,721,513 $221,758,296,022
2005 $16,623,906,739 $189,318,408,469
2004 $15,100,203,362 $172,895,685,155
2003 $13,603,456,003 $152,280,615,246
2002 $12,800,851,271 $134,300,904,400
2001 $12,252,906,341 $120,296,476,180
2000 $11,966,497,049 $126,392,224,254
1999 $11,660,704,777 $126,669,211,779
1998 $11,019,557,689 $113,675,596,788
1997 $10,058,854,386 $150,180,456,566
1996 $9,197,503,323 $183,035,237,429
1995 $9,573,813,700 $169,278,916,593
1994 $9,365,289,800 $146,683,778,959
1993 $8,782,585,400 $128,889,262,951
1992 $8,042,337,700 $111,452,746,518
1991 $7,074,675,500 $98,234,714,971
1990 $6,433,967,000 $85,343,190,719
1989 $5,918,469,800 $72,250,748,100
1988 $5,902,783,400 $61,667,253,471
1987 $6,827,665,300 $50,535,446,555
1986 $6,797,834,200 $43,096,773,981
1985 $6,541,517,100 $38,900,711,333
1984 $6,183,387,100 $41,797,647,776
1983 $5,923,755,900 $40,042,798,388
1982 $5,769,767,900 $36,589,772,404
1981 $5,222,421,500 $34,846,039,194
1980 $4,614,086,400 $32,353,514,989
1979 $3,704,551,600 $27,371,650,825
1978 $3,244,558,600 $24,006,566,637
1977 $2,738,261,900 $19,779,312,261
1976 $2,588,106,000 $16,985,208,648
1975 $2,435,304,100 $14,882,770,594
1974 $2,188,307,600 $13,702,998,512
1973 $1,913,793,400 $10,838,587,358
1972 $1,673,411,700 $8,177,873,151
1971 $1,523,917,200 $7,375,000,024
1970 $1,351,006,400 $7,086,538,438
1969 $1,221,305,700 $6,695,336,567
1968 $1,112,791,100 $6,081,009,428
1967 $1,034,376,400 $5,638,461,442
1966 $928,833,000 $5,279,230,817
1965 $852,485,300 $4,388,937,649
1964 $776,137,500 $3,889,129,942
1963 $722,784,500 $3,540,403,457
1962 $652,120,900 $3,308,912,797
1961 $599,026,300 $3,034,037,811
1960 $537,147,100 $2,760,750,861

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

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

Panama and Thailand economies compared

GDP per capita
Panama

Thailand
1x
Year GDP per capita
Panama Thailand
2024 $19,161 $7,347
2023 $18,797 $7,195
2022 $17,379 $6,909
2021 $15,510 $7,057
2020 $13,291 $6,986
2019 $16,478 $7,606
2018 $16,151 $7,100
2017 $15,695 $6,413
2016 $14,832 $5,834
2015 $14,083 $5,689
2014 $13,213 $5,801
2013 $12,273 $6,018
2012 $11,065 $5,726
2011 $9,662 $5,374
2010 $8,331 $4,974
2009 $7,797 $4,135
2008 $7,348 $4,309
2007 $6,318 $3,919
2006 $5,529 $3,331
2005 $5,018 $2,868
2004 $4,645 $2,642
2003 $4,265 $2,348
2002 $4,091 $2,090
2001 $3,992 $1,890
2000 $3,975 $2,006
1999 $3,950 $2,033
1998 $3,808 $1,848
1997 $3,546 $2,473
1996 $3,308 $3,055
1995 $3,514 $2,864
1994 $3,508 $2,518
1993 $3,358 $2,245
1992 $3,140 $1,972
1991 $2,821 $1,766
1990 $2,620 $1,559
1989 $2,462 $1,342
1988 $2,509 $1,164
1987 $2,966 $970
1986 $3,019 $842
1985 $2,972 $774
1984 $2,875 $847
1983 $2,819 $827
1982 $2,811 $770
1981 $2,605 $748
1980 $2,357 $709
1979 $1,938 $612
1978 $1,738 $548
1977 $1,503 $462
1976 $1,457 $405
1975 $1,406 $364
1974 $1,296 $343
1973 $1,164 $278.3
1972 $1,046 $215.6
1971 $979 $199.7
1970 $893 $197.1
1969 $830 $191.4
1968 $778 $178.8
1967 $745 $170.7
1966 $689 $164.5
1965 $651 $140.9
1964 $611 $128.6
1963 $587 $120.7
1962 $546 $116.2
1961 $516 $109.7
1960 $477 $102.8

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

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

Panama vs. Thailand life expectancy calculator

Life expectancy
Panama

Thailand
1x
Year Life expectancy, years
Panama Thailand
2026 80.1 77.1
2025 80 76.8
2024 79.8 76.6
2023 79.6 76.4
2022 79.3 75.3
2021 77 77.6
2020 76.3 77.3
2019 78.5 77.2
2018 78.3 77.2
2017 77.9 77
2016 77.8 76.8
2015 77.6 76.6
2014 77.4 76.3
2013 77.1 76
2012 76.9 75.6
2011 76.7 75.3
2010 76.4 75
2009 76.2 74.7
2008 75.9 74.2
2007 75.7 73.8
2006 75.4 73.3
2005 75.2 72.9
2004 74.8 72.1
2003 74.6 72.1
2002 74.2 71.8
2001 73.8 71.5
2000 73.4 71.2
1999 73.1 71
1998 72.8 70.7
1997 72.5 70.4
1996 72.2 69.9
1995 72 69.8
1994 71.9 69.7
1993 71.8 69.6
1992 71.5 69.4
1991 71.3 69.1
1990 71.3 68.9
1989 70.1 68.6
1988 70.9 68.2
1987 70.8 67.8
1986 70.7 67.3
1985 70.5 66.5
1984 70.4 65.5
1983 70.1 64.5
1982 69.9 63.6
1981 69.8 62.9
1980 69.5 62.2
1979 69.1 61.7
1978 68.7 61.3
1977 68.3 60.9
1976 67.8 60.4
1975 67.2 59.7
1974 66.6 59
1973 65.8 58.3
1972 65.2 57.7
1971 64.7 57.1
1970 64.1 56.5
1969 63.7 55.7
1968 63.2 55
1967 62.9 54.3
1966 62.6 53.7
1965 62.3 53.1
1964 62.1 52.5
1963 61.8 52
1962 61.4 51.4
1961 60.9 51.1
1960 60.3 50.6
1959 59.6 50.1
1958 58.9 49.5
1957 58.3 49.1
1956 57.9 48.6
1955 57.5 48.1
1954 57.2 47.6
1953 56.8 47.1
1952 56.4 46.5
1951 55.9 45.9
1950 55.4 45.2

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

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

Panama and Thailand population clocks and comparison

Population
Panama

Thailand
1x
Year Population
Panama Thailand
2024 4,515,577 71,668,011
2023 4,458,759 71,702,435
2022 4,400,773 71,735,329
2021 4,345,405 71,727,332
2020 4,293,261 71,641,484
2019 4,234,700 71,522,271
2018 4,167,860 71,376,079
2017 4,098,707 71,160,187
2016 4,029,086 70,859,841
2015 3,960,035 70,540,795
2014 3,892,101 70,216,367
2013 3,825,329 69,845,114
2012 3,759,256 69,436,098
2011 3,693,505 69,007,208
2010 3,628,535 68,579,447
2009 3,564,381 68,121,080
2008 3,500,648 67,619,830
2007 3,437,490 67,102,394
2006 3,375,024 66,567,687
2005 3,313,026 66,017,420
2004 3,251,155 65,452,047
2003 3,189,807 64,868,166
2002 3,129,344 64,266,437
2001 3,069,537 63,651,141
2000 3,010,369 63,007,815
1999 2,951,822 62,299,043
1998 2,893,914 61,522,630
1997 2,836,695 60,724,584
1996 2,780,227 59,920,064
1995 2,724,557 59,098,232
1994 2,669,546 58,260,854
1993 2,615,099 57,408,198
1992 2,561,336 56,528,834
1991 2,508,265 55,637,434
1990 2,455,583 54,738,329
1989 2,403,820 53,848,956
1988 2,352,848 52,969,595
1987 2,301,970 52,074,105
1986 2,251,325 51,177,834
1985 2,200,915 50,270,753
1984 2,150,782 49,351,708
1983 2,101,106 48,423,309
1982 2,052,271 47,494,577
1981 2,004,418 46,575,855
1980 1,957,534 45,650,022
1979 1,911,552 44,718,434
1978 1,866,311 43,788,976
1977 1,821,543 42,843,974
1976 1,776,935 41,896,504
1975 1,732,389 40,940,005
1974 1,687,926 39,952,891
1973 1,643,690 38,947,787
1972 1,599,723 37,933,929
1971 1,556,081 36,937,387
1970 1,513,070 35,954,408
1969 1,470,886 34,973,782
1968 1,429,447 34,002,560
1967 1,388,628 33,037,801
1966 1,348,388 32,086,071
1965 1,308,835 31,149,337
1964 1,270,065 30,232,141
1963 1,232,124 29,342,322
1962 1,195,301 28,481,040
1961 1,159,870 27,650,334
1960 1,126,005 26,851,747

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

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

Fertility rates in Panama and Thailand

Fertility rate
Panama

Thailand
1x
Year Fertility rate
Panama Thailand
2023 2.12 1.21
2022 2.14 1.22
2021 2.15 1.23
2020 2.18 1.26
2019 2.29 1.29
2018 2.4 1.32
2017 2.46 1.36
2016 2.5 1.4
2015 2.53 1.45
2014 2.55 1.48
2013 2.57 1.53
2012 2.59 1.56
2011 2.6 1.57
2010 2.59 1.56
2009 2.59 1.57
2008 2.61 1.59
2007 2.61 1.62
2006 2.62 1.63
2005 2.64 1.64
2004 2.68 1.67
2003 2.68 1.67
2002 2.7 1.69
2001 2.72 1.71
2000 2.74 1.73
1999 2.77 1.77
1998 2.79 1.82
1997 2.81 1.85
1996 2.83 1.87
1995 2.85 1.89
1994 2.88 1.93
1993 2.91 1.97
1992 2.95 2.01
1991 3 2.04
1990 3.07 2.07
1989 3.12 2.14
1988 3.17 2.17
1987 3.25 2.26
1986 3.34 2.36
1985 3.43 2.45
1984 3.52 2.58
1983 3.6 2.76
1982 3.66 2.94
1981 3.72 3.13
1980 3.8 3.29
1979 3.88 3.45
1978 3.98 3.62
1977 4.12 3.87
1976 4.26 4.12
1975 4.41 4.36
1974 4.58 4.6
1973 4.74 4.85
1972 4.91 5.08
1971 5.05 5.25
1970 5.18 5.45
1969 5.29 5.7
1968 5.41 5.93
1967 5.53 6.08
1966 5.65 6.18
1965 5.73 6.26
1964 5.81 6.31
1963 5.87 6.34
1962 5.87 6.33
1961 5.87 6.32
1960 5.83 6.33

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

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

Panama and Thailand demographics compared

Median age
Panama

Thailand
1x
Year Median age, years
Panama Thailand
2024 30.9 41.1
2023 30.6 40.7
2022 30.3 40.2
2021 30 39.7
2020 29.7 39.2
2019 29.4 38.7
2018 29.1 38.2
2017 28.8 37.7
2016 28.5 37.3
2015 28.3 36.8
2014 28 36.3
2013 27.8 35.9
2012 27.5 35.4
2011 27.2 35
2010 27 34.5
2009 26.7 34
2008 26.4 33.6
2007 26.1 33.1
2006 25.9 32.6
2005 25.6 32.2
2004 25.3 31.7
2003 25.1 31.3
2002 24.8 30.9
2001 24.5 30.5
2000 24.3 30
1999 24 29.5
1998 23.7 28.9
1997 23.5 28.3
1996 23.2 27.7
1995 22.9 27.2
1994 22.7 26.6
1993 22.4 26
1992 22.1 25.4
1991 21.8 24.8
1990 21.5 24.3
1989 21.3 23.7
1988 21 23.3
1987 20.7 22.8
1986 20.4 22.4
1985 20.2 21.9
1984 19.9 21.5
1983 19.7 21
1982 19.5 20.6
1981 19.2 20.2
1980 19 19.9
1979 18.8 19.5
1978 18.6 19.2
1977 18.4 18.9
1976 18.3 18.7
1975 18.1 18.4
1974 18 18.2
1973 17.8 18
1972 17.7 17.8
1971 17.7 17.6
1970 17.6 17.5
1969 17.6 17.4
1968 17.5 17.3
1967 17.5 17.3
1966 17.5 17.3
1965 17.5 17.4
1964 17.6 17.5
1963 17.6 17.6
1962 17.7 17.7
1961 17.8 17.9
1960 17.8 18

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

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

Interactive Maps

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

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National statistics comparison

Finance

Panama Thailand
GNI, Atlas method
$81.3B
2024
$509B
2024
Government expenditure, % of GDP
23.1%
2024
22.7%
2024
Education expenditure, % of GDP
2.47%
2023
2.52%
2023
Military expenditure, % of GDP
0.97%
1999
1.08%
2024
Armed forces personnel
28,000
2020
455,000
2020
Deficit/surplus, % of GDP
-7.42%
2024
-1.29%
2024
Unemployment rate
8.61%
2024
0.78%
2024
Services, % of GDP
69.3%
2024
59.2%
2024
Industry, % of GDP
25.5%
2024
32.1%
2024
Economic freedom index
64.9
2026
62.2
2026
Income share by richest 10%
37.6%
2024
26.1%
2023
Income share by poorest 10%
1.2%
2024
3.4%
2023
Number of millionaires n/a
100,001
2025
Percentage of millionaires n/a
0.18%
2025
Number of billionaires
0
2025
25
2025
Percentage of billionaires
0%
2025
0.00004%
2025
Listed domestic companies
36
2024
860
2024
Market capitalization of domestic companies
$18.3B
2024
$520B
2024
Total reserves including gold
$6.86B
2024
$237B
2024
Personal remittances received
$532M
2024
$9.46B
2024
International tourist arrivals
647,000
2020
39,916,000
2019
International tourism as share of exports
9.3%
2020
5.97%
2020
Banked people share
64.1%
2024
91.8%
2024

Energy

Panama Thailand
Energy use, kg of oil equivalent per capita
1,063 kg
2022
1,851 kg
2023
GDP PPP per kg equivalent of energy use
$34.2
2022
$12.7
2023
Carbon dioxide (CO2) emissions
12.4 megatons
2024
283.8 megatons
2024
CO2 emissions per capita
2.74 tons
2024
3.96 tons
2024
Fossil fuel energy use share
76.5%
2022
79.7%
2022
Renewable energy use share
28%
2021
19%
2021
Alternative and nuclear energy use share
17.3%
2022
1.02%
2023
Net energy imports use share
171.2%
2022
57.5%
2023
Electric power consumption per capita
2,546 kWh
2022
2,965 kWh
2023
Renewable electricity output share
79.3%
2021
19.9%
2021
Hydroelectric share
66.3%
2022
3.45%
2023
Nuclear share
0%
2021
0%
2021
Electricity access
97%
2023
100%
2023

Society

Panama Thailand
% of world population
0.06%
2024
0.88%
2024
Annual migration change
+6,151
2025
+27,509
2025
Urban population
66%
2024
61.9%
2024
Male:Female ratio
50:50
2024
48.7:51.3
2024
Average male height
5.58 ft
2025
5.63 ft
2025
Average female height
5.19 ft
2025
5.23 ft
2025
Quality of life index
60.2
2026
56.3
2026
Corruption Perceptions Index
33
2025
33
2025
Higher education index
40
2026
76
2026
Homicides per 100K people
11.3
2022
4.81
2011
Road traffic mortality per 100K people
13.9
2019
32.2
2019
Visa free countries
138
2025
93
2025
Adult literacy rate
96.3%
2024
91.1%
2022
English speaking
14%
2023
27.2%
2023
People using the Internet
68.5%
2023
90.9%
2024

Health

Panama Thailand
Government health expenditure per capita
$1,558
2023
$327
2023
Out-of-pocket health expenditure per capita
$630
2023
$32.4
2023
Life expectancy
80.1 years
2026
77.1 years
2026
Foreign aid share of health expenditure
0.76%
2023
0.1%
2023
Physicians per 1,000 people
1.63
2022
0.54
2021
Age at first childbirth n/a
23.3 years
2025
Maternal mortality per 100K births
37
2023
34
2023
Mortality rate before reaching 5 years of age
13.3
2023
9.2
2023
Obesity rate
37.1%
2022
15.4%
2022
Diabetes prevalence
11.1%
2024
10.2%
2024
Air quality index
79
2026
35
2026
Tobacco use prevalence
5.2%
2022
19.2%
2022
Pure alcohol consumption per capita
4.66 liters
2020
7.99 liters
2020

Territory

Panama Thailand
% of world land
0.05%
2026
0.34%
2026
Land area per capita
6,343 sq mi
2024
2,752 sq mi
2024
Agricultural land area
8,456 sq mi
2026
86,394 sq mi
2026
Forest area
16,138 sq mi
2026
76,313 sq mi
2026
Roads length n/a
436,817 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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