Panamá vs India
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Panamá | India | Year |
|---|---|---|---|
| GDP (nominal) | $86.52B | $3.91T | 2024 |
| GDP per capita | $19,161 | $2,695 | 2024 |
| Population | 4.5M | 1.45B | 2024 |
| GDP growth rate | 2.75% | 6.49% | 2024 |
| Inflation rate | 0.69% | 4.95% | 2024 |
| Unemployment rate | 8.36% | 4.22% | 2025 |
| Life expectancy | 79.6 years | 72.0 years | 2023 |
| Surface area (sq. km) | 75,320 km2 | 3,287,260 km2 | 2023 |
Panamá vs India: Analysis
India has a larger economy than Panamá, with a nominal GDP roughly 45.2 times greater based on 2024 data. Panamá recorded a GDP of $86.52B, while India stood at $3.91T.
In terms of GDP per capita, Panamá leads over India. Panamá has a per capita output of $19,161, compared to $2,695 for India.
India has a larger population than Panamá. Panamá is home to approximately 4.5M people, while India has about 1.45B.
By surface area, India is the larger country. Panamá covers 75,320 km2, and India spans 3,287,260 km2.
Life expectancy is higher in Panamá: 79.6 years in Panamá versus 72.0 years in India. India has the lower unemployment rate (Panamá: 8.36%, India: 4.22%). Inflation stands at 0.69% in Panamá and 4.95% in India.
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, Panamá or India?
India has the larger GDP. Panamá has a GDP of $86.52B (2024), while India has $3.91T (2024). Source: World Bank.
What is the population difference between Panamá and India?
The population difference is approximately 1.45B. Panamá has 4.5M people (2024), and India has 1.45B (2024). Source: World Bank.
Is Panamá richer than India?
By GDP per capita, Panamá is wealthier. Panamá has a GDP per capita of $19,161 (2024), compared to $2,695 for India (2024). Source: World Bank.
Which country has higher life expectancy, Panamá or India?
Panamá has higher life expectancy. Panamá: 79.6 years (2023), India: 72.0 years (2023). Source: World Bank.
Which country is bigger, Panamá or India?
India is larger by area. Panamá covers 75,320 km2, while India covers 3,287,260 km2. Source: World Bank.