Panama vs Germany
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Panama | Germany | Year |
|---|---|---|---|
| GDP (nominal) | $86.52B | $4.69T | 2024 |
| GDP per capita | $19,161 | $56,104 | 2024 |
| Population | 4.5M | 83.5M | 2024 |
| GDP growth rate | 2.75% | -0.50% | 2024 |
| Inflation rate | 0.69% | 2.26% | 2024 |
| Unemployment rate | 8.36% | 3.71% | 2025 |
| Life expectancy | 79.6 years | 80.5 years | 2023 |
| Surface area (sq. km) | 75,320 km2 | 357,680 km2 | 2023 |
Panama vs Germany: Analysis
Germany has a larger economy than Panama, with a nominal GDP roughly 54.2 times greater based on 2024 data. Panama recorded a GDP of $86.52B, while Germany stood at $4.69T.
In terms of GDP per capita, Germany leads over Panama. Panama has a per capita output of $19,161, compared to $56,104 for Germany.
Germany has a larger population than Panama. Panama is home to approximately 4.5M people, while Germany has about 83.5M.
By surface area, Germany is the larger country. Panama covers 75,320 km2, and Germany spans 357,680 km2.
Life expectancy is higher in Germany: 79.6 years in Panama versus 80.5 years in Germany. Germany has the lower unemployment rate (Panama: 8.36%, Germany: 3.71%). Inflation stands at 0.69% in Panama and 2.26% in Germany.
These figures are drawn from World Bank Open Data and reflect the most recent available reporting year for each indicator. For historical trends and additional indicators, explore the individual country profiles on NationStat.
Frequently Asked Questions
Which country has a larger GDP, Panama or Germany?
Germany has the larger GDP. Panama has a GDP of $86.52B (2024), while Germany has $4.69T (2024). Source: World Bank.
What is the population difference between Panama and Germany?
The population difference is approximately 79.0M. Panama has 4.5M people (2024), and Germany has 83.5M (2024). Source: World Bank.
Is Panama richer than Germany?
By GDP per capita, Germany is wealthier. Panama has a GDP per capita of $19,161 (2024), compared to $56,104 for Germany (2024). Source: World Bank.
Which country has higher life expectancy, Panama or Germany?
Germany has higher life expectancy. Panama: 79.6 years (2023), Germany: 80.5 years (2023). Source: World Bank.
Which country is bigger, Panama or Germany?
Germany is larger by area. Panama covers 75,320 km2, while Germany covers 357,680 km2. Source: World Bank.