Iceland vs Panama Country Comparison
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Comparative Statistics (Iceland vs Panama)
ⓘ When data for the selected year is missing, the closest prior year with data is used instead. Whenever the two countries' data points are 5+ years apart those indicators are excluded from the total score.
Iceland leads against Panama in 9 of 10 comparable indicators, while Panama leads in 1. Iceland's strongest global position is 11th (2024) in Rule of Law - Governance score (0-100). Panama's strongest global position is 55th (2024) in Life expectancy at birth, total (years).
- Panama wins against Iceland in GDP growth (annual %): 4.35 (2025, ranked 69th) vs 1.28 (2025, ranked 170th).
- Iceland wins against Panama in GDP per capita, PPP (constant 2021 international $): 68,064.69 (2025, ranked 19th) vs 37,516.18 (2025, ranked 60th).
- Gini index data for Iceland and Panama is too far apart to compare directly. The latest available data shows 26.80 (2019, ranked 17th) vs 49.70 (2024, ranked 159th).
- Iceland wins against Panama in Individuals using the Internet (% of population): 98.21 (2024, ranked 12th) vs 72.77 (2024, ranked 131st).
- Iceland wins against Panama in Life expectancy at birth, total (years): 82.81 (2024, ranked 26th) vs 79.78 (2024, ranked 55th).
- Iceland wins against Panama in Lower secondary completion rate, total (% of relevant age group): 97.79 (2023, ranked 37th) vs 78.84 (2024, ranked 130th).
- Iceland wins against Panama in Unemployment, total (% of total labor force) (modeled ILO estimate): 3.63 (2025, ranked 62nd) vs 8.36 (2025, ranked 138th).
- Iceland wins against Panama in Political Stability - Governance score (0-100): 86.49 (2024, ranked 20th) vs 70.42 (2024, ranked 90th).
- Iceland wins against Panama in Regulatory Quality - Governance score (0-100): 75.84 (2024, ranked 22nd) vs 53.70 (2024, ranked 100th).
- Iceland wins against Panama in Rule of Law - Governance score (0-100): 84.98 (2024, ranked 11th) vs 52.43 (2024, ranked 115th).
- Iceland wins against Panama in Control of Corruption - Governance score (0-100): 84.87 (2024, ranked 11th) vs 36.64 (2024, ranked 135th).
| Metric | Iceland(9) | Panama(1) |
|---|---|---|
| GDP growth (annual %) | (2025) 1.28 (170/214) | (2025) 4.35 (69/214) |
| GDP per capita, PPP (constant 2021 international $) | (2025) 68,064.69 (19/199) | (2025) 37,516.18 (60/199) |
| Gini index | (2019) 26.80 (17/171) | (2024) 49.70 (159/171) |
| Individuals using the Internet (% of population) | (2024) 98.21 (12/213) | (2024) 72.77 (131/213) |
| Life expectancy at birth, total (years) | (2024) 82.81 (26/217) | (2024) 79.78 (55/217) |
| Lower secondary completion rate, total (% of relevant age group) | (2023) 97.79 (37/197) | (2024) 78.84 (130/197) |
| Unemployment, total (% of total labor force) (modeled ILO estimate) | (2025) 3.63 (62/187) | (2025) 8.36 (138/187) |
| Political Stability - Governance score (0-100) | (2024) 86.49 (20/206) | (2024) 70.42 (90/206) |
| Regulatory Quality - Governance score (0-100) | (2024) 75.84 (22/204) | (2024) 53.70 (100/204) |
| Rule of Law - Governance score (0-100) | (2024) 84.98 (11/206) | (2024) 52.43 (115/206) |
| Control of Corruption - Governance score (0-100) | (2024) 84.87 (11/206) | (2024) 36.64 (135/206) |