Quality of life comparison
If you lived in Panama instead of Colombia, you would:
Health
live 2.7 years longer
In Colombia, the average life expectancy is 75 years (71 years for men, 79 years for women) as of 2022. In Panama, that number is 78 years (75 years for men, 81 years for women) as of 2022.
Economy
make 89.6% more money
Colombia has a GDP per capita of $13,400 as of 2020, while in Panama, the GDP per capita is $25,400 as of 2020.
be 41.5% less likely to be unemployed
In Colombia, 10.5% of adults are unemployed as of 2019. In Panama, that number is 6.1% as of 2018.
be 38.1% less likely to live below the poverty line
In Colombia, 35.7% live below the poverty line as of 2019. In Panama, however, that number is 22.1% as of 2016.
pay a 24.2% lower top tax rate
Colombia has a top tax rate of 33.0% as of 2016. In Panama, the top tax rate is 25.0% as of 2016.
Life
be 37.3% less likely to die during childbirth
In Colombia, approximately 83.0 women per 100,000 births die during labor as of 2017. In Panama, 52.0 women do as of 2017.
have 18.3% more children
In Colombia, there are approximately 15.2 babies per 1,000 people as of 2022. In Panama, there are 18.0 babies per 1,000 people as of 2022.
be 41.1% more likely to die during infancy
In Colombia, approximately 11.7 children (per 1,000 live births) die before they reach the age of one as of 2022. In Panama, on the other hand, 16.4 children do as of 2022.
Expenditures
spend 31.1% less on education
Colombia spends 4.5% of its total GDP on education as of 2019. Panama spends 3.1% of total GDP on education as of 2019.
Geography
see 22.4% less coastline
Colombia has a total of 3,208 km of coastline. In Panama, that number is 2,490 km.
The statistics above were calculated using the following data sources: The World Factbook, General Directorate of Revenues, Panama, Directorate of National Taxes and Customs (DIAN).
Panama: At a glance
How big is Panama compared to Colombia? See an in-depth size comparison.