Quality of Life Comparison

COMPARED TO

If you lived in Panama instead of Germany, you would:

Health

live 2.0 years less


In Germany, the average life expectancy is 81 years (78 years for men, 83 years for women). In Panama, that number is 79 years (76 years for men, 82 years for women).

Economy

spend 47.4% less on taxes


Germany has a top tax rate of 47.5%. In Panama, the top tax rate is 25.0%.

make 49.6% less money


Germany has a GDP per capita of $50,400, while in Panama, the GDP per capita is $25,400.

be 44.7% more likely to be unemployed


In Germany, 3.8% of adults are unemployed. In Panama, that number is 5.5%.

be 37.7% more likely to be live below the poverty line


In Germany, 16.7% live below the poverty line. In Panama, however, that number is 23.0%.

Life

have 2.1 times more children


In Germany, there are approximately 8.6 babies per 1,000 people. In Panama, there are 17.9 babies per 1,000 people.

be 15.7 times more likely to die during childbirth


In Germany, approximately 6.0 women per 100,000 births die during labor. In Panama, 94.0 women do.

be 2.9 times more likely to die during infancy


In Germany, approximately 3.4 children die before they reach the age of one. In Panama, on the other hand, 9.9 children do.

Basic Needs

be 39.7% less likely to have internet access


In Germany, approximately 89.6% of the population has internet access. In Panama, about 54.0% do.

Expenditures

spend 34.7% less on education


Germany spends 4.9% of its total GDP on education. Panama spends 3.2% of total GDP on education.

spend 29.2% less on healthcare


Germany spends 11.3% of its total GDP on healthcare. In Panama, that number is 8.0% of GDP.

Panama: At a glance

Panama is a sovereign country in Central America/Caribbean, with a total land area of approximately 74,340 sq km. Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan (estimated to cost $5.3 billion) to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2015.

How big is Panama compared to Germany? See an in-depth size comparison.


The statistics on this page were calculated using the following data sources: The World Factbook, Federal Central Tax Office (BZSt), General Directorate of Revenues, Panama.

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