Quality of life comparison
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
How big is Sweden compared to Panama? See an in-depth size comparison.