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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Panama & Venezuela

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Panama vs Venezuela

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Panama Venezuela
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World Rank 58 2.75 World Rank
A transcontinental country of Panama is located in Central America and South America. The official and full name of the nation is the Republic of Panama. It shares borders with Costa Rica and Colombia. The largest city is Panama City with approximately 50% of citizens living in its metropolitan area. More about Panama The Bolivian Republic of Venezuela is a nation situated on the northern coast of South America. It consists of its mainland and several islands and islets that are located in the Caribbean Sea. With a land coverage of 916,000 square kilometers, it is one of the largest nations in size in Latin America. The capital city and its largest urban agglomeration is Caracas. More about Venezuela

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Panama Venezuela
Position in the ranking of countries 77 (2021) 27 (2014)
GDP [US$] 63,605,100,000 482,359,318,767
Percentage of the other 13.2 % 758.4 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Panama Venezuela
Position in the ranking of countries 77 (2021) 27 (2014)
GNI [US$] 59,261,300,000 476,933,862,544
Percentage of the other 12.4 % 804.8 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Panama Venezuela
Position in the ranking of countries 33 (2021) 168 (2014)
External balance [US$] 5,997,877,000 -70,922,056,745
Percentage of the other -8.5 % -1182.5 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(South Africa)

Panama Venezuela
Position in the ranking of countries 33 (2021) 168 (2014)
Unemployment [%] 10.30 6.47
Percentage of the other 159.2 % 62.8 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Panama Venezuela
Position in the ranking of countries 123 (2021) 49 (2021)
Population 4,351,267 28,199,867
Percentage of the other 15.4 % 648.1 %

Population growth (annual %)

Density

Gender

Demography