Quality of life comparison

compared to

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

Economy

make 38.8% more money

Montenegro has a GDP per capita of $18,300 as of 2020, while in Panama, the GDP per capita is $25,400 as of 2020.

be 61.2% less likely to be unemployed

In Montenegro, 15.8% of adults are unemployed as of 2019. In Panama, that number is 6.1% as of 2018.

pay a 2.8 times higher top tax rate

Montenegro has a top tax rate of 9.0% as of 2016. In Panama, the top tax rate is 25.0% as of 2016.

Life

have 60.8% more children

In Montenegro, there are approximately 11.2 babies per 1,000 people as of 2022. In Panama, there are 18.0 babies per 1,000 people as of 2022.

be 8.7 times more likely to die during childbirth

In Montenegro, approximately 6.0 women per 100,000 births die during labor as of 2017. In Panama, 52.0 women do as of 2017.

be 5.1 times more likely to die during infancy

In Montenegro, approximately 3.2 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.

Basic Needs

be 17.9% less likely to have internet access

In Montenegro, approximately 78.0% of the population has internet access as of 2020. In Panama, about 64.0% do as of 2020.

Geography

see 8.5 times more coastline

Montenegro has a total of 294 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, Department of Public Revenues, Montenegro.

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

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