Quality of Life Comparison

COMPARED TO

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

Health

live 4.5 years longer


In Peru, the average life expectancy is 75 years (73 years for men, 77 years for women) as of 2020. In Panama, that number is 79 years (76 years for men, 82 years for women) as of 2020.

be 15.2% more likely to be obese


In Peru, 19.7% of adults are obese as of 2016. In Panama, that number is 22.7% of people as of 2016.

Economy

make 88.1% more money


Peru has a GDP per capita of $13,500 as of 2017, while in Panama, the GDP per capita is $25,400 as of 2017.

be 13.0% less likely to be unemployed


In Peru, 6.9% of adults are unemployed as of 2017. In Panama, that number is 6.0% as of 2017.

pay a 16.7% lower top tax rate


Peru has a top tax rate of 30.0% as of 2016. In Panama, the top tax rate is 25.0% as of 2016.

Life

be 40.9% less likely to die during childbirth


In Peru, approximately 88.0 women per 100,000 births die during labor as of 2017. In Panama, 52.0 women do as of 2017.

be 45.5% less likely to die during infancy


In Peru, approximately 16.7 children die before they reach the age of one as of 2020. In Panama, on the other hand, 9.1 children do as of 2020.

Basic Needs

be 10.1% more likely to have internet access


In Peru, approximately 52.5% of the population has internet access as of 2018. In Panama, about 57.9% do as of 2018.

Expenditures

spend 17.9% less on education


Peru spends 3.9% of its total GDP on education as of 2017. Panama spends 3.2% of total GDP on education as of 2011.

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 Peru? 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, Superintendencia Nacional de Aduanas y de Administración Tributaria.

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