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Panama

Prosperity Summary
44
Current Rank
42
Highest Rank
47
Lowest Rank
45
Average Rank
2022
Largest Climb
2023
Largest Fall
Overall Prosperity

Panama is a presidential republic with a population exceeding 4.5 million. It features lowlands, tropical forests, and the Panama Canal corridor. The economy is industrialised and service-driven with a nominal GDP surpassing $86 billion; exports include bananas, refined petroleum, and copper, while imports include fuel, vehicles, pharmaceutical products, and machinery.

Visit our Rankings Table to see how Panama compares to other countries