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

Health

be 72.4% less likely to die by suicide

Iceland has a suicide rate of 11.9 per 100,000 people as of 2021. In Panama, it is 3.3 per 100,000 as of 2021.

View global rankings →

be 11.0 times more likely to be living with HIV/AIDS

In Iceland, 0.1% of people are living with AIDS/HIV as of 2024. In Panama, that number is 1.1% of people as of 2024.

View global rankings →

live 3.0 years less

In Iceland, the average life expectancy is 83 years (81 years for men, 84 years for women) as of 2024. In Panama, that number is 80 years (77 years for men, 83 years for women) as of 2024.

View global rankings →

be 69.9% more likely to be obese

In Iceland, 22.2% of adults are obese as of 2024. In Panama, that number is 37.7% of people as of 2024.

View global rankings →

see 52.1% less spent on your healthcare

Iceland spends $6,927 per person on healthcare as of 2024 (international dollars, adjusted for prices). Panama spends $3,318 as of 2023.

View global rankings →

have 62.8% fewer doctors per person

Iceland has 43.7 doctors per 10,000 people as of 2023. Panama has 16.2 as of 2022.

View global rankings →

have 12.4% less access to essential health services

Iceland scores 89 out of 100 on the universal health coverage index as of 2021. Panama scores 78 as of 2021.

View global rankings →

Economy

be 2.3 times more likely to be unemployed

In Iceland, 3.6% of the labor force is unemployed as of 2025. In Panama, that number is 8.4% as of 2025.

View global rankings →

make 79.9% less money

Iceland has a GDP per capita of $98,323 as of 2025, while in Panama, the GDP per capita is $19,790 as of 2025.

View global rankings →

Life

have 41.7% more children

In Iceland, there are approximately 11.2 babies per 1,000 people as of 2024. In Panama, there are 15.9 babies per 1,000 people as of 2024.

View global rankings →

be 12.3 times more likely to die during childbirth

In Iceland, approximately 3.0 women die from pregnancy or childbirth per 100,000 live births as of 2023. In Panama, 37.0 women do as of 2023.

View global rankings →

be 5.7 times more likely to die during infancy

In Iceland, approximately 2.1 children (per 1,000 live births) die before they reach the age of one as of 2024. In Panama, on the other hand, 12.0 children do as of 2024.

View global rankings →

Basic Needs

be 25.9% less likely to have internet access

In Iceland, approximately 98.2% of the population has internet access as of 2024. In Panama, about 72.8% do as of 2024.

View global rankings →

Expenditures

spend 66.2% less on education

Iceland spends 7.3% of its total GDP on education as of 2022. Panama spends 2.5% of total GDP on education as of 2023.

View global rankings →

Geography

see 49.9% less coastline

Iceland has a total of 4,970 km of coastline. In Panama, that number is 2,490 km.

View global rankings →

Safety

be 9.1 times more likely to be murdered

Iceland has a homicide rate of 1.3 per 100,000 people as of 2023. In Panama, that number is 11.7 per 100,000 as of 2023.

View global rankings →

be 3.0 times more likely to die in a road accident

In Iceland, road accidents kill 2.4 people per 100,000 as of 2021. In Panama, they kill 7.3 per 100,000 as of 2021.

View global rankings →

Infrastructure

find 51.7% less home broadband

Iceland has 37.5 fixed broadband subscriptions per 100 people as of 2024. Panama has 18.1 as of 2023.

View global rankings →

live with 2.3 times more strain on fresh water

Iceland withdraws 0% of its available fresh water each year as of 2022. Panama withdraws 1% as of 2022.

View global rankings →

use 94.5% less electricity

Iceland uses 48,998 kWh of electricity per person each year as of 2024. Panama uses 2,715 kWh as of 2023.

View global rankings →

Environment

emit 67.8% less CO2

Iceland emits 8.5 tonnes of CO2 per person each year as of 2024. Panama emits 2.7 tonnes as of 2024.

View global rankings →

be 2.1 times more likely to die from air pollution

In Iceland, air pollution causes 8.0 deaths per 100,000 people as of 2019. In Panama, it causes 17.0 as of 2019.

View global rankings →


Sources: World Bank (2021–2025), United Nations SDG Indicators (2019–2021), World Health Organization (2024), The World Factbook. How we calculate this

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.
Read more

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

Share this

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about Panama or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.