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Geo Factbook

Panama vs Thailand: Compare Statistics

Side-by-side comparison of 173 key metrics across economy, population, geography, and more ā€” latest data through 2026.

Panama
pan
Leads on 77 of 173 metrics
Thailand
tha
Leads on 85 of 173 metrics

Summary

Thailand has 15.5 times as many people as Panama (71.57 million vs 4.63 million). Thailand's economy is 5.1 times the size of Panama's ($533.67 billion vs $104.39 billion GDP).

Comparing Panama and Thailand: Panama leads on Refined Petroleum Products Consumption (146,000) against Thailand (1.33); Panama leads on Radios (815,000) against Thailand (13.96); Panama leads on Televisions (510,000) against Thailand (15.19). Across 173 compared metrics, Panama wins on 77 and Thailand wins on 85.

  • Communications: 9 metrics compared
  • Economy: 67 metrics compared
  • Environment: 11 metrics compared
  • Geography: 7 metrics compared
  • Government: 9 metrics compared
  • Health: 24 metrics compared
  • Military and Security: 3 metrics compared
  • People and Society: 38 metrics compared
  • Transportation: 4 metrics compared
  • Travel and Tourism: 1 metric compared

Communications

9 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Fixed Broadband Penetration18.13 subscriptions per 100 inhabitantsā˜…14.51 subscriptions per 100 inhabitants
Internet Penetration Rate (%)72.77 %90.87 %ā˜…
Internet Usage Rate by Country (% of Population)68.55 %89.54 %ā˜…
Internet Userspercent of population: 78% (2023 est.)percent of population: 90% (2023 est.)
Mobile Internet Speed18.13 Mbpsā˜…14.51 Mbps
Press Freedom Index Score66.75 pointsā˜…56.72 points
Radios815,000ā˜…13.96
Televisions510,000ā˜…15.19
Waterways8004,000ā˜…

Economy

67 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Agriculture Value Added as a Share of GDP by Country2.32B $45.86B $ā˜…
Gross Domestic Product (GDP) by Country in Current US Dollars104.39B $533.67B $ā˜…
AI Investment (% of GDP)33.53 %ā˜…21.58 %
Apple Import Volume12.10M tonnes186.16M tonnesā˜…
Bank Account Ownership Rate64.1 %91.82 %ā˜…
Coal Revenue00.03ā˜…
Commercial Bank Prime Lending Rate (%)7.52 %ā˜…4.42 %
Corporate Tax Rate Trends25 %ā˜…20 %
Current Health Expenditure (% of GDP)7.3 % of GDPā˜…3.8 % of GDP
Ease of Doing Business Index92ā˜…84.6
Electricity Consumption8.71187.7ā˜…
Electricity Exports139ā˜…2.27
Electricity from Fossil Fuels3676ā˜…
Electricity from Hydroelectric Plants51ā˜…8
Electricity from Nuclear Fuels00
Electricity from Other Renewables1316ā˜…
Electricity Imports30ā˜…19.83
Electricity Installed Capacity3.444.89ā˜…
Electricity Production10.6181.5ā˜…
Energy Consumption per Capita (USD)78.01 USD per capita80.6 USD per capitaā˜…
Female Labor Force Participation Rate61.06 %69.01 %ā˜…
Gender Pay Gap Percentage-11.77 %-3.64 %ā˜…
Gender Wage Gap-11.77 %ā˜…-3.64 %
Gini Index Coefficient48.9ā˜…33.5
Gross Fixed Investment30.1ā˜…28.8
Gross National Saving38.9ā˜…34.1
High-Tech Export Percentage7.69 %61.93 %ā˜…
Highest GDP per Capita Countries37,516.18 USDā˜…22,431.75 USD
Industrial Production Growth Rate (%)-2.6 %0.9 %ā˜…
Inflation Rate-0.19 %ā˜…-0.13 %
Inflation Rate (Consumer Prices)0.7 %ā˜…1.4 %
Military Expenditures (% of GDP)1.1 % of GDP1.1 % of GDP
Natural Gas Consumption052.64ā˜…
Natural Gas Exports00
Natural Gas Imports014.41ā˜…
Natural Gas Production038.59ā˜…
Natural Gas Proved Reserves0193.4ā˜…
Oil Consumption97,000988,000ā˜…
Oil Exports0269,100ā˜…
Oil Imports77,910807,100ā˜…
Oil Production0406,800ā˜…
Oil Proved Reserves0435ā˜…
Population Below Poverty Line21.8 people5.4 peopleā˜…
Private Investment (% of GDP)25.41 % of GDPā˜…16.36 % of GDP
Public Debt37.4ā˜…61.1
R&D Expenditure (% of GDP)0.16 %0.94 %ā˜…
Real GDP Growth Rate (USD)2.9 USDā˜…2.5 USD
Real Interest Rate Trends4.61 %ā˜…-1.44 %
Refined Petroleum Products Consumption146,000ā˜…1.33
Refined Petroleum Products Exports66278,300ā˜…
Refined Petroleum Products Imports129,200134,200ā˜…
Refined Petroleum Products Production01.33ā˜…
Remittances0.61.8ā˜…
Researchers in R&D per Million253.27 researchers1,591.97 researchersā˜…
Revenue from Forest Resources0.080.34ā˜…
Robotics Research Funding0.16 USD0.94 USDā˜…
Share of population in poverty ($3 a day)3.730ā˜…
Tax Burden (% of GDP)7.18 %ā˜…15.18 %
Tax Revenue (% of GDP)7.18 % of GDP15.18 % of GDPā˜…
Taxes and Other Revenues7.515.4ā˜…
Top Exporting Countries38.38B USD368.82B USDā˜…
Top FDI Inflows (% of GDP)1.04 %3.27 %ā˜…
Tourism Contribution to GDP10 %ā˜…2.78 %
Tourism Revenue (% of GDP)10 %ā˜…2.78 %
Unemployment Rate6.6 %0.7 %ā˜…
Youth Labor Force Participation Rate66.3 %ā˜…66.68 %
Youth Unemployment Rate19.77 %4.53 %ā˜…

Environment

11 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Annual COā‚‚ Emissions Growth (abs)-337,693ā˜…3.03M
Annual Forest Area Change Rate-3,014.06 %ā˜…-138,016.02 %
Average Annual Temperature25.14 Ā°C26.31 Ā°Cā˜…
Carbon Dioxide Emissions23.46ā˜…336.69
Global Precipitation Distribution3,521.89 mmā˜…1,756.8 mm
Population Distributionpopulation is concentrated towards the center of the country, particularly around the Canal, but a sizeable segment of the populace also lives in the far west around David; the eastern third of the country is sparsely inhabitedhighest population density is found in and around Bangkok; significant population clusters throughout large parts of the country, particularly north and northeast of Bangkok and in the extreme southern region of the country
Protected Land Area for Adaptation31.4 sq kmā˜…18.37 sq km
Protected Land Area Percentage31.4 %ā˜…18.4 %
Total Renewable Groundwater Resources by Country21 Cubic meters per year41.9 Cubic meters per yearā˜…
Total Renewable Water Resources139.3438.61ā˜…
Total Threatened Mammal Species18 speciesā˜…64 species

Geography

7 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Percentage of land area by degree of urbanization1.63 %5.23 %ā˜…
Above-Ground Biomass in Forest (tonnes/ha)145.1ā˜…142.5
Agricultural land21,675.24 sq. km243,086.8 sq. kmā˜…
Airports per 1,000 Sq Km74,180510,890ā˜…
Coastline Length (km)2,490 km3,219 kmā˜…
Dam capacity per capita1,959.21 cubic meters per inhabitantā˜…1,098 cubic meters per inhabitant
Irrigated Land39464,150ā˜…

Government

9 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Rule of Law Index by Country33.75 %56.88 %ā˜…
Administrative Divisions1076ā˜…
Corruption Perception Index33 indexā˜…34 index
Corruption Perceptions Index Score33 index34 indexā˜…
Independence3123ā˜…
LGBT Rights Index Score1.946.07ā˜…
Prison Population Rate416 per 100,000ā˜…516 per 100,000
Public Sector Corruption Perception33ā˜…34
Suffrage Participation Rate1818

Health

24 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Average BMI for Adults26.2 kg/mĀ²ā˜…23.9 kg/mĀ²
Change in Measles Immunization Rate93 %93 %
Diabetes Deaths Per 100,000 (Age-Std)39.419.51ā˜…
Diabetes Prevalence (% of Population)11.1ā˜…10.2
Female Life Expectancy Leaders79.78 yearsā˜…76.56 years
Global Stillbirth Rate Trends0.66 per 1,000 births0.39 per 1,000 birthsā˜…
Health Care Spending per Capita3,859.64 USDā˜…1,465.74 USD
Health Coverage Index Score82 score82 score
Health Expenditure (% of GDP)9.7 % of GDPā˜…5.2 % of GDP
Highest Male Life Expectancy79.78 yearsā˜…76.56 years
HIV/AIDS Adult Prevalence RateNA1 %
Hospital Bed Density1.9 people/sq km2.3 people/sq kmā˜…
Hospital Beds per Capita1.95 beds per 1,0002.39 beds per 1,000ā˜…
Low Birth Weight Prevalence10.28 %ā˜…10.3 %
Malaria Incidence Rate3.5 cases per 1,0000.58 cases per 1,000ā˜…
Maternal Mortality Ratio (%)37 %34 %ā˜…
Mean Age at First Birth21.123ā˜…
Nurses and Midwives Density3.21 per 1,000 peopleā˜…3.07 per 1,000 people
Obesity Adult Prevalence Rate (%)22.7 %10 %ā˜…
Out-of-Pocket Health Spending40.46 %9.93 %ā˜…
People Living With HIV/AIDS31,000ā˜…500,000
Psychiatrist Density Per 100,000 People6 per 100,000 peopleā˜…1 per 100,000 people
Total Number of Doctors1.74ā˜…0.54
Underweight Children Under 52.9ā˜…6.7

Military and Security

3 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Active Military Personnel0 personnel361,000 personnelā˜…
Military Expenditure (% of GDP)0 %ā˜…1.04 %
Total Armed Forces Personnel (PPP)28,000455,000ā˜…

People and Society

38 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Currently married (Percent)52.57 %ā˜…50.17 %
Human Capital Index0.50.63ā˜…
Life expectancy at birth83.81 yearsā˜…80.78 years
Median age of population30.58 years41.03 yearsā˜…
Population Change56,877.2 personsā˜…-87,807.2 persons
Population density62.39 per sq. kmā˜…140.16 per sq. km
Total population4.63M persons71.57M personsā˜…
Academic Freedom Index0.91ā˜…0.38
Beer Consumption per Capita5.34 litersā˜…2.01 liters
Birth Rate (%)17.11 %ā˜…9.82 %
Contraceptive Prevalence Rate50.8 %73 %ā˜…
Crude Birth Rate15.87 per 1,000 peopleā˜…8.12 per 1,000 people
Death Rate (%)5.48 %ā˜…8.08 %
Education Expenditure (% of GDP)2.5 % of GDP2.5 % of GDP
Female population of reproductive age1.16M persons16.94M personsā˜…
Female Tertiary Enrollment Rate (%)66.32 %ā˜…52.24 %
Fixed Broadband Penetration Rate18.13 %ā˜…14.51 %
Global Average Sex Ratio at Birth105.26 male/female106.24 male/femaleā˜…
Human Development Index0.55ā˜…0.4
Labor Force Participation Rate2.2140.62ā˜…
Learning-adjusted years of school6.58 years8.95 yearsā˜…
Length of paid parental leave for mother0 days0 days
Major Urban Areas Population1.98 people11.07 peopleā˜…
Mean Male Height (cm)168.49169.16ā˜…
Mean Years of Schooling10.44 yearsā˜…9.32 years
Old-Age Dependency Ratio13.78 %ā˜…20.94 %
Percentage of population by degree of urbanization68.99 %ā˜…62.64 %
Physician Density1.63 people/sq kmā˜…0.54 people/sq km
Population Growth Rate1.44 %ā˜…0.13 %
Population living in slums12.04 %ā˜…2 %
Primary School Pupil-Teacher Ratio21.9616.89ā˜…
Total deaths21,615.5 personsā˜…685,767.7 persons
Total demand for family planning (Percent)60.42 %ā˜…44.11 %
Total fertility rate2.07 per womanā˜…1.18 per woman
Total net-migration6,740.3 persons36,266.2 personsā˜…
Under-five mortality rate12.92 per live births10.25 per live birthsā˜…
Urban Population Annual Growth Rate1.46 %ā˜…1.43 %
Voting Age Population75.66 millionsā˜…69.75 millions

Transportation

4 metrics
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Air Travel Trips Per Capita (PPP)0.551.01ā˜…
Airports77105ā˜…
Civil Air Travel541ā˜…
Heliports15ā˜…

Travel and Tourism

1 metric
MetricšŸ‡µšŸ‡¦ PanamašŸ‡¹šŸ‡­ ThailandShare
Tourism Receipts per Capita9.08B USD46.57B USDā˜…

Frequently Asked Questions About Panama vs Thailand

Which has a larger population, Panama or Thailand?ā–¾

Thailand. Thailand has 15.5 times as many people as Panama (71.57 million vs 4.63 million). Data for 2026.

Which has a bigger economy, Panama or Thailand?ā–¾

Thailand. Thailand's economy is 5.1 times the size of Panama's ($533.67 billion vs $104.39 billion GDP). Data for 2026.

Which is richer per person, Panama or Thailand?ā–¾

Panama is richer per person: GDP per capita is about $22,562 in Panama vs $7,456 in Thailand (2026 GDP in current US dollars divided by population).

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