Panamanian Scorecard
Country profile
Panama is a Central American country that serves as a bridge between North and South America, famous for the Panama Canal which connects the Atlantic and Pacific Oceans. It has a population of 4.5 million, a population growth rate of 1.31%, and a median age of 29.60 years.
Its history is defined by its strategic location for trade, from ancient indigenous civilizations to Spanish colonial rule and modern engineering marvels.
Today, Panama is known for its thriving logistics sector, multicultural society, and dynamic efforts to promote tourism and sustainable development.
Its capital city is Panama City.
How does Panama compare to other countries?
Panama
Palau
AngolaEconomic Development
GDP per Capita (PPP) in Panama improved by 9.8% from 2022 to 2023
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Unemployment Rate in Panama improved by 0.4% from 2023 to 2024
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Inflation Rate in Panama improved by 53.7% from 2023 to 2024
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General Government Debt in Panama improved by 2.4% from 2022 to 2023
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Income Inequality in Panama improved by 3.9% from 2021 to 2023
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Health and Social Development
Life Expectancy in Panama improved by 0.3% from 2022 to 2023
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Infant Mortality Rate in Panama improved by 4.5% from 2022 to 2023
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Human Development in Panama improved by 1.2% from 2021 to 2022
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Suicide Mortality Rate in Panama worsened by 34.3% from 2020 to 2021
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World Happiness Report in Panama improved by 0.8% from 2023 to 2024
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Freedom in the World showed no change from 2023 to 2024
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Education
Completion of Upper Secondary Education in Panama worsened by 0.3% from 2022 to 2023
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PISA Scores (Reading) in Panama improved by 4.0% from 2018 to 2022
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PISA Scores (Math) in Panama improved by 1.1% from 2018 to 2022
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PISA Scores (Science) in Panama improved by 6.3% from 2018 to 2022
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Governance and Security
Corruption Perception in Panama worsened by 2.8% from 2022 to 2023
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Control of Corruption showed no change from 2022 to 2023
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Homicide Rate in Panama worsened by 9.4% from 2020 to 2021
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Government Effectiveness in Panama worsened by 63.7% from 2022 to 2023
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Political Stability in Panama worsened by 27.6% from 2022 to 2023
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Rule of Law in Panama improved by 3.9% from 2022 to 2023
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Voice and Accountability in Panama improved by 1.3% from 2022 to 2023
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Environmental Sustainability and Energy
CO2 Emissions per Capita in Panama worsened by 21.7% from 2022 to 2023
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Air Pollution (PM2.5) in Panama improved by 3.5% from 2019 to 2020
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Renewable Energy Consumption in Panama worsened by 1.8% from 2020 to 2021
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