Skip to content

Panama vs Venezuela statistics compared

Updated on by Georank team

Panama has a population of 4.52M (ranked 128/197), compared with 28.4M in Venezuela (ranked 53/197). Panama's land area is 28,641 sq mi versus 340,561 sq mi for Venezuela (ranked 115th vs. 32nd).

By GDP, Panama ranks 78/197 ($86.5B) and Venezuela ranks 65/197 ($120B). By GDP per capita, Panama ranks 60/197 ($19,161), while Venezuela ranks 128/197 ($4,218).

Main facts and rankings

Panama Venezuela
Population
4642198
28661242
Population rank 128/197 54/197
GDP
$86.5B
2024
$120B
2024
GDP rank 78/197 65/197
GDP per capita
$19,161
2024
$4,218
2024
GDP per capita rank 60/197 128/197
GDP per capita, PPP
$41,369
2024
$21,241
2011
Government debt
$49.6B
2024
$197B
2024
Debt-to-GDP ratio
57.4%
2024
164.3%
2024
Government debt per person
$10,995
2024
$6,931
2024
Government debt per person rank 51/185 69/185
Average annual personal income after taxes
$10,196
2026
$3,792
2026
Land area 28,641 sq mi 340,561 sq mi
Population density
161.6 ppl/mi²
2026
84.1 ppl/mi²
2026
Fertility rate
2.12
2023
2.08
2023
Median age
30.9 years
2024
30.2 years
2024
Life expectancy
80.1 years
2026
73 years
2026

Panama and Venezuela: Comparison Charts

Panama and Venezuela economies compared

GDP
Panama

Venezuela
1x
Year GDP
Panama Venezuela
2024 $86,523,959,132 $119,802,963,258
2023 $83,812,155,244 $102,376,526,556
2022 $76,479,304,471 $89,013,255,585
2021 $67,396,392,506 $56,614,976,855
2020 $57,059,846,522 $42,838,020,721
2019 $69,778,991,193 $73,014,084,091
2018 $67,316,471,181 $102,021,093,965
2017 $64,327,688,826 $115,883,275,163
2016 $59,760,858,718 $112,915,034,262
2015 $55,767,806,073 $125,449,241,571
2014 $51,427,104,882 $214,689,614,733
2013 $46,949,496,479 $258,930,655,486
2012 $41,595,439,721 $372,592,062,768
2011 $35,687,738,252 $316,482,190,800
2010 $30,231,009,533 $393,192,354,511
2009 $27,791,215,547 $329,787,628,928
2008 $25,721,327,955 $315,953,388,511
2007 $21,717,433,808 $230,364,012,576
2006 $18,659,721,513 $183,477,522,124
2005 $16,623,906,739 $145,513,489,652
2004 $15,100,203,362 $112,451,400,425
2003 $13,603,456,003 $83,620,628,582
2002 $12,800,851,271 $92,893,587,734
2001 $12,252,906,341 $122,911,036,747
2000 $11,966,497,049 $117,146,466,003
1999 $11,660,704,777 $97,972,842,462
1998 $11,019,557,689 $91,336,763,255
1997 $10,058,854,386 $85,837,678,560
1996 $9,197,503,323 $70,543,211,119
1995 $9,573,813,700 $77,389,487,770
1994 $9,365,289,800 $58,418,666,667
1993 $8,782,585,400 $60,037,460,783
1992 $8,042,337,700 $60,416,519,620
1991 $7,074,675,500 $53,453,444,787
1990 $6,433,967,000 $48,606,952,195
1989 $5,918,469,800 $43,536,709,104
1988 $5,902,783,400 $60,226,413,793
1987 $6,827,665,300 $48,029,034,483
1986 $6,797,834,200 $60,516,123,711
1985 $6,541,517,100 $61,965,466,667
1984 $6,183,387,100 $59,867,743,468
1983 $5,923,755,900 $67,556,279,070
1982 $5,769,767,900 $67,736,744,186
1981 $5,222,421,500 $66,327,441,860
1980 $4,614,086,400 $59,116,511,628
1979 $3,704,551,600 $48,310,930,233
1978 $3,244,558,600 $39,316,279,070
1977 $2,738,261,900 $36,210,697,674
1976 $2,588,106,000 $31,419,534,884
1975 $2,435,304,100 $27,464,651,163
1974 $2,188,307,600 $26,100,930,233
1973 $1,913,793,400 $17,035,581,395
1972 $1,673,411,700 $13,977,727,273
1971 $1,523,917,200 $12,986,590,909
1970 $1,351,006,400 $11,561,111,111
1969 $1,221,305,700 $10,285,111,111
1968 $1,112,791,100 $10,034,444,444
1967 $1,034,376,400 $9,250,000,000
1966 $928,833,000 $8,781,333,333
1965 $852,485,300 $8,427,777,778
1964 $776,137,500 $8,192,413,793
1963 $722,784,500 $9,608,717,288
1962 $652,120,900 $8,814,309,884
1961 $599,026,300 $8,067,267,031
1960 $537,147,100 $7,663,938,303

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

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

Panama and Venezuela economies compared

GDP per capita
Panama

Venezuela
1x
Year GDP per capita
Panama Venezuela
2024 $19,161 $4,218
2023 $18,797 $3,617
2022 $17,379 $3,155
2021 $15,510 $2,005
2020 $13,291 $1,506
2019 $16,478 $2,523
2018 $16,151 $3,423
2017 $15,695 $3,791
2016 $14,832 $3,670
2015 $14,083 $4,103
2014 $13,213 $7,096
2013 $12,273 $8,656
2012 $11,065 $12,607
2011 $9,662 $10,844
2010 $8,331 $13,646
2009 $7,797 $11,597
2008 $7,348 $11,262
2007 $6,318 $8,332
2006 $5,529 $6,739
2005 $5,018 $5,432
2004 $4,645 $4,269
2003 $4,265 $3,230
2002 $4,091 $3,652
2001 $3,992 $4,920
2000 $3,975 $4,776
1999 $3,950 $4,071
1998 $3,808 $3,870
1997 $3,546 $3,711
1996 $3,308 $3,113
1995 $3,514 $3,487
1994 $3,508 $2,689
1993 $3,358 $2,825
1992 $3,140 $2,907
1991 $2,821 $2,633
1990 $2,620 $2,452
1989 $2,462 $2,250
1988 $2,509 $3,191
1987 $2,966 $2,611
1986 $3,019 $3,376
1985 $2,972 $3,549
1984 $2,875 $3,520
1983 $2,819 $4,079
1982 $2,811 $4,202
1981 $2,605 $4,228
1980 $2,357 $3,874
1979 $1,938 $3,257
1978 $1,738 $2,727
1977 $1,503 $2,585
1976 $1,457 $2,309
1975 $1,406 $2,078
1974 $1,296 $2,034
1973 $1,164 $1,367
1972 $1,046 $1,155
1971 $979 $1,106
1970 $893 $1,015
1969 $830 $932
1968 $778 $938
1967 $745 $893
1966 $689 $876
1965 $651 $869
1964 $611 $874
1963 $587 $1,060
1962 $546 $1,007
1961 $516 $954
1960 $477 $939

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

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

Panama vs. Venezuela life expectancy calculator

Life expectancy
Panama

Venezuela
1x
Year Life expectancy, years
Panama Venezuela
2026 80.1 73
2025 80 72.8
2024 79.8 72.7
2023 79.6 72.5
2022 79.3 72.6
2021 77 71.5
2020 76.3 72.4
2019 78.5 72.8
2018 78.3 72.6
2017 77.9 71.9
2016 77.8 72
2015 77.6 73
2014 77.4 72.8
2013 77.1 73.1
2012 76.9 73.1
2011 76.7 73.1
2010 76.4 73.1
2009 76.2 72.8
2008 75.9 72.6
2007 75.7 73.3
2006 75.4 73
2005 75.2 73.1
2004 74.8 72.8
2003 74.6 72.1
2002 74.2 72.8
2001 73.8 71
2000 73.4 72.4
1999 73.1 72.1
1998 72.8 72.4
1997 72.5 72.6
1996 72.2 71.9
1995 72 71.7
1994 71.9 71.3
1993 71.8 71.4
1992 71.5 71.2
1991 71.3 71.2
1990 71.3 71
1989 70.1 70.8
1988 70.9 70.8
1987 70.8 70.7
1986 70.7 70.5
1985 70.5 70
1984 70.4 69.7
1983 70.1 69.5
1982 69.9 69
1981 69.8 68.7
1980 69.5 68.2
1979 69.1 68.2
1978 68.7 68.1
1977 68.3 67.7
1976 67.8 67.3
1975 67.2 66.7
1974 66.6 66.2
1973 65.8 65.7
1972 65.2 65.6
1971 64.7 65.2
1970 64.1 64.8
1969 63.7 63.8
1968 63.2 63.9
1967 62.9 63.6
1966 62.6 62.9
1965 62.3 61.9
1964 62.1 61.2
1963 61.8 60.5
1962 61.4 59.7
1961 60.9 59.1
1960 60.3 58.4
1959 59.6 57.7
1958 58.9 56.9
1957 58.3 56.2
1956 57.9 55.5
1955 57.5 54.8
1954 57.2 54.1
1953 56.8 53.4
1952 56.4 52.7
1951 55.9 52
1950 55.4 51.1

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

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

Panama and Venezuela population clocks and comparison

Population
Panama

Venezuela
1x
Year Population
Panama Venezuela
2024 4,515,577 28,405,543
2023 4,458,759 28,300,854
2022 4,400,773 28,213,017
2021 4,345,405 28,237,826
2020 4,293,261 28,444,077
2019 4,234,700 28,938,098
2018 4,167,860 29,807,592
2017 4,098,707 30,565,323
2016 4,029,086 30,765,720
2015 3,960,035 30,573,972
2014 3,892,101 30,254,079
2013 3,825,329 29,912,198
2012 3,759,256 29,553,826
2011 3,693,505 29,185,212
2010 3,628,535 28,813,101
2009 3,564,381 28,438,298
2008 3,500,648 28,053,696
2007 3,437,490 27,649,363
2006 3,375,024 27,224,686
2005 3,313,026 26,785,804
2004 3,251,155 26,340,838
2003 3,189,807 25,892,703
2002 3,129,344 25,435,671
2001 3,069,537 24,979,922
2000 3,010,369 24,526,708
1999 2,951,822 24,066,593
1998 2,893,914 23,601,337
1997 2,836,695 23,131,685
1996 2,780,227 22,662,113
1995 2,724,557 22,193,821
1994 2,669,546 21,725,188
1993 2,615,099 21,254,520
1992 2,561,336 20,780,948
1991 2,508,265 20,304,896
1990 2,455,583 19,827,010
1989 2,403,820 19,348,921
1988 2,352,848 18,871,020
1987 2,301,970 18,394,963
1986 2,251,325 17,923,536
1985 2,200,915 17,461,434
1984 2,150,782 17,008,841
1983 2,101,106 16,562,205
1982 2,052,271 16,121,874
1981 2,004,418 15,687,297
1980 1,957,534 15,258,218
1979 1,911,552 14,834,552
1978 1,866,311 14,416,684
1977 1,821,543 14,006,812
1976 1,776,935 13,606,284
1975 1,732,389 13,215,892
1974 1,687,926 12,835,351
1973 1,643,690 12,463,537
1972 1,599,723 12,099,180
1971 1,556,081 11,741,008
1970 1,513,070 11,387,790
1969 1,470,886 11,040,280
1968 1,429,447 10,697,530
1967 1,388,628 10,358,513
1966 1,348,388 10,024,854
1965 1,308,835 9,697,790
1964 1,270,065 9,377,712
1963 1,232,124 9,064,021
1962 1,195,301 8,756,870
1961 1,159,870 8,455,915
1960 1,126,005 8,160,090

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

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

Fertility rates in Panama and Venezuela

Fertility rate
Panama

Venezuela
1x
Year Fertility rate
Panama Venezuela
2023 2.12 2.08
2022 2.14 2.09
2021 2.15 2.11
2020 2.18 2.12
2019 2.29 2.13
2018 2.4 2.15
2017 2.46 2.18
2016 2.5 2.22
2015 2.53 2.25
2014 2.55 2.3
2013 2.57 2.33
2012 2.59 2.38
2011 2.6 2.4
2010 2.59 2.4
2009 2.59 2.42
2008 2.61 2.48
2007 2.61 2.52
2006 2.62 2.6
2005 2.64 2.63
2004 2.68 2.64
2003 2.68 2.7
2002 2.7 2.74
2001 2.72 2.78
2000 2.74 2.79
1999 2.77 2.86
1998 2.79 2.91
1997 2.81 2.97
1996 2.83 3.02
1995 2.85 3.08
1994 2.88 3.15
1993 2.91 3.22
1992 2.95 3.29
1991 3 3.37
1990 3.07 3.45
1989 3.12 3.52
1988 3.17 3.6
1987 3.25 3.67
1986 3.34 3.73
1985 3.43 3.79
1984 3.52 3.86
1983 3.6 3.93
1982 3.66 4.01
1981 3.72 4.1
1980 3.8 4.2
1979 3.88 4.3
1978 3.98 4.4
1977 4.12 4.49
1976 4.26 4.59
1975 4.41 4.69
1974 4.58 4.79
1973 4.74 4.91
1972 4.91 5.04
1971 5.05 5.17
1970 5.18 5.32
1969 5.29 5.47
1968 5.41 5.61
1967 5.53 5.75
1966 5.65 5.87
1965 5.73 5.98
1964 5.81 6.07
1963 5.87 6.16
1962 5.87 6.23
1961 5.87 6.3
1960 5.83 6.38

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

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

Panama and Venezuela demographics compared

Median age
Panama

Venezuela
1x
Year Median age, years
Panama Venezuela
2024 30.9 30.2
2023 30.6 30
2022 30.3 29.8
2021 30 29.6
2020 29.7 29.2
2019 29.4 28.9
2018 29.1 28.4
2017 28.8 28
2016 28.5 27.7
2015 28.3 27.4
2014 28 27.1
2013 27.8 26.8
2012 27.5 26.5
2011 27.2 26.1
2010 27 25.8
2009 26.7 25.5
2008 26.4 25.2
2007 26.1 24.9
2006 25.9 24.7
2005 25.6 24.4
2004 25.3 24.1
2003 25.1 23.9
2002 24.8 23.6
2001 24.5 23.4
2000 24.3 23.1
1999 24 22.8
1998 23.7 22.6
1997 23.5 22.3
1996 23.2 22.1
1995 22.9 21.9
1994 22.7 21.6
1993 22.4 21.4
1992 22.1 21.2
1991 21.8 21
1990 21.5 20.8
1989 21.3 20.6
1988 21 20.4
1987 20.7 20.2
1986 20.4 20
1985 20.2 19.8
1984 19.9 19.6
1983 19.7 19.4
1982 19.5 19.2
1981 19.2 19
1980 19 18.8
1979 18.8 18.7
1978 18.6 18.5
1977 18.4 18.3
1976 18.3 18.1
1975 18.1 17.9
1974 18 17.7
1973 17.8 17.5
1972 17.7 17.3
1971 17.7 17.2
1970 17.6 17
1969 17.6 16.9
1968 17.5 16.7
1967 17.5 16.6
1966 17.5 16.6
1965 17.5 16.5
1964 17.6 16.5
1963 17.6 16.5
1962 17.7 16.5
1961 17.8 16.6
1960 17.8 16.6

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

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

Interactive Maps

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

1x
1x
1x
1x
1x
1x
1x

National statistics comparison

Finance

Panama Venezuela
GNI, Atlas method
$81.3B
2024
$109B
2024
Government expenditure, % of GDP
23.1%
2024
17.6%
2024
Education expenditure, % of GDP
2.47%
2023
0.003%
2023
Military expenditure, % of GDP
0.97%
1999
0.5%
2023
Armed forces personnel
28,000
2020
343,000
2020
Deficit/surplus, % of GDP
-7.42%
2024
-3.6%
2024
Unemployment rate
8.61%
2024
7.53%
2020
Services, % of GDP
69.3%
2024
51.7%
2014
Industry, % of GDP
25.5%
2024
37.2%
2014
Economic freedom index
64.9
2026
27.3
2026
Income share by richest 10%
37.6%
2024
33.2%
2006
Income share by poorest 10%
1.2%
2024
1.2%
2006
Number of billionaires
0
2025
1
2025
Percentage of billionaires
0%
2025
0.000005%
2025
Listed domestic companies
36
2024
37
2014
Market capitalization of domestic companies
$18.3B
2024
$3.98B
2002
Total reserves including gold
$6.86B
2024
$9.79B
2017
Personal remittances received
$532M
2024
$279M
2016
International tourist arrivals
647,000
2020
429,000
2017
International tourism as share of exports
9.3%
2020
1.9%
2016
Banked people share
64.1%
2024
87.3%
2024

Energy

Panama Venezuela
Energy use, kg of oil equivalent per capita
1,063 kg
2022
1,478 kg
2022
GDP PPP per kg equivalent of energy use
$34.2
2022
$9.2
2011
Carbon dioxide (CO2) emissions
12.4 megatons
2024
96.4 megatons
2024
CO2 emissions per capita
2.74 tons
2024
3.39 tons
2024
Fossil fuel energy use share
76.5%
2022
85.9%
2022
Renewable energy use share
28%
2021
33.7%
2021
Alternative and nuclear energy use share
17.3%
2022
13.3%
2022
Net energy imports use share
171.2%
2022
-73.9%
2022
Electric power consumption per capita
2,546 kWh
2022
1,989 kWh
2022
Renewable electricity output share
79.3%
2021
75.4%
2021
Hydroelectric share
66.3%
2022
78.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
97%
2023
100%
2023

Society

Panama Venezuela
% of world population
0.06%
2024
0.35%
2024
Annual migration change
+6,151
2025
-100,467
2025
Urban population
66%
2024
89.3%
2024
Male:Female ratio
50:50
2024
49.4:50.6
2024
Average male height
5.58 ft
2025
5.69 ft
2025
Average female height
5.19 ft
2025
5.25 ft
2025
Quality of life index
60.2
2026
27.6
2026
Corruption Perceptions Index
33
2025
10
2025
Higher education index
40
2026
61
2026
Homicides per 100K people
11.3
2022
12.6
2022
Road traffic mortality per 100K people
13.9
2019
39
2019
Visa free countries
138
2025
123
2025
Adult literacy rate
96.3%
2024
97.6%
2022
English speaking
14%
2023
1%
2025
People using the Internet
68.5%
2023
61.6%
2017

Health

Panama Venezuela
Government health expenditure per capita
$1,558
2023
$186
2023
Out-of-pocket health expenditure per capita
$630
2023
$55.2
2023
Life expectancy
80.1 years
2026
73 years
2026
Foreign aid share of health expenditure
0.76%
2023
0.54%
2023
Physicians per 1,000 people
1.63
2022
1.66
2017
Maternal mortality per 100K births
37
2023
227
2023
Mortality rate before reaching 5 years of age
13.3
2023
24.3
2023
Obesity rate
37.1%
2022
23.3%
2022
Diabetes prevalence
11.1%
2024
8.6%
2024
Air quality index
79
2026
73
2026
Tobacco use prevalence
5.2%
2022
n/a
Pure alcohol consumption per capita
4.66 liters
2020
1.99 liters
2020

Territory

Panama Venezuela
% of world land
0.05%
2026
0.59%
2026
Land area per capita
6,343 sq mi
2024
11,989 sq mi
2024
Agricultural land area
8,456 sq mi
2026
83,012 sq mi
2026
Forest area
16,138 sq mi
2026
177,888 sq mi
2026
Roads length n/a
59,769 mi
2014

In-depth comparisons

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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) (2000–2019, 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)

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.