Quality of life comparison
If you lived in Monaco instead of Panama, you would:
Health
live 11.9 years longer
In Panama, the average life expectancy is 78 years (75 years for men, 81 years for women) as of 2022. In Monaco, that number is 90 years (86 years for men, 93 years for women) as of 2022.
Economy
make 4.6 times more money
Panama has a GDP per capita of $25,400 as of 2020, while in Monaco, the GDP per capita is $115,700 as of 2015.
be 67.4% less likely to be unemployed
In Panama, 6.1% of adults are unemployed as of 2018. In Monaco, that number is 2.0% as of 2012.
Life
be 89.3% less likely to die during infancy
In Panama, approximately 16.4 children (per 1,000 live births) die before they reach the age of one as of 2022. In Monaco, on the other hand, 1.8 children do as of 2022.
have 63.0% fewer children
In Panama, there are approximately 18.0 babies per 1,000 people as of 2022. In Monaco, there are 6.7 babies per 1,000 people as of 2022.
Basic Needs
be 51.6% more likely to have internet access
In Panama, approximately 64.0% of the population has internet access as of 2020. In Monaco, about 97.0% do as of 2019.
Expenditures
spend 61.3% less on education
Panama spends 3.1% of its total GDP on education as of 2019. Monaco spends 1.2% of total GDP on education as of 2019.
spend 80.3% less on healthcare
Panama spends 7.6% of its total GDP on healthcare as of 2019. In Monaco, that number is 1.5% of GDP as of 2019.
Geography
see 99.8% less coastline
Panama has a total of 2,490 km of coastline. In Monaco, that number is 4 km.
The statistics above were calculated using the following data sources: The World Factbook.
Monaco: At a glance
How big is Monaco compared to Panama? See an in-depth size comparison.