Quality of life comparison

compared to

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

Health

live 8.7 years longer

In Peru, the average life expectancy is 69 years (65 years for men, 73 years for women) as of 2022. In Panama, that number is 78 years (75 years for men, 81 years for women) as of 2022.

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 2.4 times more money

Peru has a GDP per capita of $15,100 as of 2023, while in Panama, the GDP per capita is $35,800 as of 2023.

be 21.8% less likely to live below the poverty line

In Peru, 27.5% live below the poverty line as of 2022. In Panama, however, that number is 21.5% as of 2019.

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.

be 39.0% more likely to be unemployed

In Peru, 4.8% of adults are unemployed as of 2023. In Panama, that number is 6.7% as of 2023.

Life

be 27.5% less likely to die during childbirth

In Peru, approximately 69.0 women per 100,000 births die during labor as of 2020. In Panama, 50.0 women do as of 2020.

be 52.2% more likely to die during infancy

In Peru, approximately 10.8 children (per 1,000 live births) die before they reach the age of one as of 2022. In Panama, on the other hand, 16.4 children do as of 2022.

Expenditures

spend 54.0% more on healthcare

Peru spends 6.3% of its total GDP on healthcare as of 2020. In Panama, that number is 9.7% of GDP as of 2020.

The statistics above were calculated using the following data sources: The World Factbook, General Directorate of Revenues, Panama, Superintendencia Nacional de Aduanas y de Administración Tributaria.

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

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