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

Health

live 5.1 years longer

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

Economy

make 79.3% more money

Panama has a GDP per capita of $35,800 as of 2023, while in Sweden, the GDP per capita is $64,200 as of 2023.

be 25.1% less likely to live below the poverty line

In Panama, 21.5% live below the poverty line as of 2019. In Sweden, however, that number is 16.1% as of 2022.

be 13.3% more likely to be unemployed

In Panama, 6.7% of adults are unemployed as of 2023. In Sweden, that number is 7.6% as of 2023.

pay a 2.3 times higher top tax rate

Panama has a top tax rate of 25.0% as of 2016. In Sweden, the top tax rate is 57.1% as of 2016.

Life

be 90.0% less likely to die during childbirth

In Panama, approximately 50.0 women per 100,000 births die during labor as of 2020. In Sweden, 5.0 women do as of 2020.

be 86.0% 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 Sweden, on the other hand, 2.3 children do as of 2022.

have 38.5% fewer children

In Panama, there are approximately 17.4 babies per 1,000 people as of 2024. In Sweden, there are 10.7 babies per 1,000 people as of 2024.

Basic Needs

be 29.4% more likely to have internet access

In Panama, approximately 68.0% of the population has internet access as of 2021. In Sweden, about 88.0% do as of 2021.

Expenditures

spend 84.6% more on education

Panama spends 3.9% of its total GDP on education as of 2020. Sweden spends 7.2% of total GDP on education as of 2020.

spend 17.5% more on healthcare

Panama spends 9.7% of its total GDP on healthcare as of 2020. In Sweden, that number is 11.4% of GDP as of 2020.

Geography

see 29.2% more coastline

Panama has a total of 2,490 km of coastline. In Sweden, that number is 3,218 km.


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

Sweden: At a glance

Sweden is a sovereign country in Europe, with a total land area of approximately 410,335 sq km. A military power during the 17th century, Sweden has not participated in any war for almost two centuries. An armed neutrality was preserved in both world wars. Sweden's long-successful economic formula of a capitalist system intermixed with substantial welfare elements was challenged in the 1990s by high unemployment and in 2000-02 and 2009 by the global economic downturns, but fiscal discipline over the past several years has allowed the country to weather economic vagaries. Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum.
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How big is Sweden compared to Panama? See an in-depth size comparison.

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