Quality of Life Comparison

COMPARED TO

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

Health

live 2.8 years longer


In Panama, the average life expectancy is 79 years (76 years for men, 82 years for women) as of 2020. In Spain, that number is 82 years (79 years for men, 85 years for women) as of 2020.

Economy

make 51.2% more money


Panama has a GDP per capita of $25,400 as of 2017, while in Spain, the GDP per capita is $38,400 as of 2017.

be 2.9 times more likely to be unemployed


In Panama, 6.0% of adults are unemployed as of 2017. In Spain, that number is 17.2% as of 2017.

pay a 80.0% higher top tax rate


Panama has a top tax rate of 25.0% as of 2016. In Spain, the top tax rate is 45.0% as of 2016.

Life

be 92.3% less likely to die during childbirth


In Panama, approximately 52.0 women per 100,000 births die during labor as of 2017. In Spain, 4.0 women do as of 2017.

be 64.8% less likely to die during infancy


In Panama, approximately 9.1 children die before they reach the age of one as of 2020. In Spain, on the other hand, 3.2 children do as of 2020.

have 49.1% fewer children


In Panama, there are approximately 17.1 babies per 1,000 people as of 2020. In Spain, there are 8.7 babies per 1,000 people as of 2020.

Basic Needs

be 48.8% more likely to have internet access


In Panama, approximately 57.9% of the population has internet access as of 2018. In Spain, about 86.1% do as of 2018.

Expenditures

spend 31.2% more on education


Panama spends 3.2% of its total GDP on education as of 2011. Spain spends 4.2% of total GDP on education as of 2016.

Geography

see 99.4% more coastline


Panama has a total of 2,490 km of coastline. In Spain, that number is 4,964 km.

Spain: At a glance

Spain is a sovereign country in Europe, with a total land area of approximately 498,980 sq km. Spain's powerful world empire of the 16th and 17th centuries ultimately yielded command of the seas to England. Subsequent failure to embrace the mercantile and industrial revolutions caused the country to fall behind Britain, France, and Germany in economic and political power. Spain remained neutral in World War I and II but suffered through a devastating civil war (1936-39). A peaceful transition to democracy following the death of dictator Francisco FRANCO in 1975, and rapid economic modernization (Spain joined the EU in 1986) gave Spain a dynamic and rapidly growing economy and made it a global champion of freedom and human rights. More recently the government has had to focus on measures to reverse a severe economic recession that began in mid-2008. Austerity measures implemented to reduce a large budget deficit and reassure foreign investors have led to one of the highest unemployment rates in Europe.

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


The statistics on this page were calculated using the following data sources: The World Factbook, General Directorate of Revenues, Panama, Agencia Tributaria, Spain.

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