Quality of life comparison

compared to

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

Health

live 4.9 years longer

In Panama, the average life expectancy is 78 years (75 years for men, 81 years for women) as of 2022. In Spain, that number is 83 years (80 years for men, 85 years for women) as of 2022.

Economy

make 29.6% more money

Panama has a GDP per capita of $35,800 as of 2023, while in Spain, the GDP per capita is $46,400 as of 2023.

be 81.2% more likely to be unemployed

In Panama, 6.7% of adults are unemployed as of 2023. In Spain, that number is 12.1% as of 2023.

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 94.0% less likely to die during childbirth

In Panama, approximately 50.0 women per 100,000 births die during labor as of 2020. In Spain, 3.0 women do as of 2020.

be 85.0% less likely to die during infancy

In Panama, approximately 16.4 children (per 1,000 live births) die before they reach the age of one as of 2022. In Spain, on the other hand, 2.5 children do as of 2022.

have 59.2% fewer children

In Panama, there are approximately 17.4 babies per 1,000 people as of 2024. In Spain, there are 7.1 babies per 1,000 people as of 2024.

Basic Needs

be 38.2% more likely to have internet access

In Panama, approximately 68.0% of the population has internet access as of 2021. In Spain, about 94.0% do as of 2021.

Expenditures

spend 17.9% more on education

Panama spends 3.9% of its total GDP on education as of 2020. Spain spends 4.6% of total GDP on education as of 2020.

spend 10.3% more on healthcare

Panama spends 9.7% of its total GDP on healthcare as of 2020. In Spain, that number is 10.7% of GDP as of 2020.

Geography

see 99.4% more coastline

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

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

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

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