Iraq vs Panama Comparison

Country Comparison
Iraq Flag

Iraq

47M (2025)

VS
Panama Flag

Panama

4.6M (2025)

Comprehensive comparison across 9 categories and 44 indicators

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Iraq Flag

Iraq

Population: 47M (2025) Area: 438.3K km² GDP: $258B (2025)
Capital: Baghdad
Continent: Asia
Official Languages: Arabic, Kurdish
Currency: IQD
HDI: 0.695 (126.)
Panama Flag

Panama

Population: 4.6M (2025) Area: 75.4K km² GDP: $91.7B (2025)
Capital: Panama City
Continent: North America
Official Languages: Spanish
Currency: PAB
HDI: 0.839 (59.)

Geography and Demographics

Iraq
Panama
Area
438.3K km²
75.4K km²
Total population
47M (2025)
4.6M (2025)
Population density
99.9 people/km² (2025)
61.7 people/km² (2025)
Average age
20.8 (2025)
30.3 (2025)

Economy and Finance

Iraq
Panama
Total GDP
$258B (2025)
$91.7B (2025)
GDP per capita
$5,670 (2025)
$20,080 (2025)
Inflation rate
2.5% (2025)
0.5% (2025)
Growth rate
-1.5% (2025)
4.0% (2025)
Minimum wage
$250 (2024)
$483 (2024)
Tourism revenue
$1.7B (2025)
$6.1B (2025)
Unemployment rate
15.4% (2025)
6.6% (2025)
Public debt
42.1% (2025)
56.6% (2025)
Trade balance
$664 (2025)
-$270 (2025)

Quality of Life and Health

Iraq
Panama
Human development
0.695 (126.)
0.839 (59.)
Happiness index
4,976 (101.)
6,407 (41.)
Health Exp. per Cap. ($)
$255 (4%)
$1.5K (9%)
Life expectancy
72.5 (2025)
80 (2025)
Safety index
42.1 (172.)
72.8 (87.)

Education and Technology

Iraq
Panama
Education Exp. (% GDP)
No data
3.9% (2025)
Literacy rate
87.2% (2025)
96.4% (2025)
Primary school completion
87.2% (2025)
96.4% (2025)
Internet usage
85.2% (2025)
82.4% (2025)
Internet speed
38.54 Mbps (116.)
171.1 Mbps (35.)

Environment and Sustainability

Iraq
Panama
Renewable energy
4.5% (2025)
67.9% (2025)
Carbon emissions per capita
194 kg per capita (2025)
16 kg per capita (2025)
Forest area
1.9% (2025)
56.4% (2025)
Freshwater resources
90 km³ (2025)
139 km³ (2025)
Air quality
35.02 µg/m³ PM2.5 (2025)
9.52 µg/m³ PM2.5 (2025)

Military Power

Iraq
Panama
Military expenditure
$6B (2025)
$0 (2025)
Military power rank
18,973 (35.)
284 (144.)

Governance and Politics

Iraq
Panama
Democracy index
2.8 (2024)
6.84 (2024)
Corruption perception
27 (139.)
33 (120.)
Political stability
-2.4 (189.)
0.2 (91.)
Press freedom
23.5 (167.)
56 (73.)

Infrastructure and Services

Iraq
Panama
Clean water access
98.3% (2025)
94.7% (2025)
Electricity access
100.0% (2025)
100.0% (2025)
Electricity price
0.04 $/kWh (2025)
0.2 $/kWh (2025)
Paved Roads
No data
No data
Traffic deaths (per 100K)
29.07 /100K (2025)
13.58 /100K (2025)
Retirement age
No data
62 (2025)

Tourism and International Relations

Iraq
Panama
Passport power
30.03 (2025)
75.9 (2025)
Tourist arrivals
892K (2013)
1.5M (2022)
Tourism revenue
$1.7B (2025)
$6.1B (2025)
World heritage sites
6 (2025)
5 (2025)

Comparison Result

Iraq
Iraq Flag
12.5

Superior Fields

Leader
Panama
Panama
Panama Flag
28.5

Superior Fields

* This score reflects overall livability and quality of life, not just economic or military strength

GDP Comparison

Total GDP

$258B (2025)
Iraq
vs
$91.7B (2025)
Panama
Difference: %181

GDP per Capita

$5,670 (2025)
Iraq
vs
$20,080 (2025)
Panama
Difference: %254

Comparison Evaluation

Iraq Flag

Iraq Evaluation

While Iraq ranks lower overall compared to Panama, specific areas demonstrate competitive advantages:

Iraq excels in: • Iraq has 10.3x higher population • Iraq has 5.8x higher land area • Iraq has 2.8x higher GDP • Iraq has 62% higher population density
Panama Flag

Panama Evaluation

Primary strengths of Panama: • Panama has 5.8x higher healthcare spending per capita • Panama has 3.5x higher GDP per capita • Panama has 29.7x higher forest coverage • Panama has 15.1x higher renewable energy usage

Overall Evaluation

Final Conclusion

Iraq vs. Panama: The Ancient Crossroads Meets the Global Crossroads

A Tale of Two Canals: One of History, One of Commerce

Comparing Iraq and Panama is a fascinating study of two nations that are, in their own ways, global crossroads. Iraq, the ancient land between two rivers, was the cradle of civilization, a historical crossroads where empires, cultures, and ideas met and clashed. Panama, the narrow isthmus connecting two continents, is a modern crossroads of global trade, its identity and economy fundamentally defined by the monumental Panama Canal. One connects the past to the present; the other connects the Atlantic to the Pacific.

The Most Striking Divides

  • The Nature of the Crossroads: Iraq's role as a crossroads was organic and ancient, a result of its fertile land and strategic position in the Middle East. It was a crossroads of armies, religions, and civilizations. Panama's role was engineered. It is a man-made crossroads, a triumph of 20th-century engineering designed for one primary purpose: to move ships and goods across the globe more efficiently.
  • Economic Engine: Iraq's economy is powered by what lies beneath its soil—oil. It is a resource-based economy. Panama's economy is powered by its geography and the services it enables. The Panama Canal, along with a massive free-trade zone, a sophisticated banking and logistics hub, and a growing tourism sector, makes it a service-based economy.
  • The Urban Landscape: Baghdad is an ancient city, a place of deep history, grand mosques, and sprawling neighborhoods rebuilding from conflict. Panama City is a hyper-modern metropolis of gleaming skyscrapers, a "Miami of the South" that stands in stark contrast to its historic old town (Casco Viejo) and the surrounding rainforests. It is a city built by global commerce.
  • Global Image: Iraq is perceived globally through the lens of ancient history, conflict, and oil politics. It is a place of immense geopolitical weight. Panama is known for its canal, its business-friendly environment, and, infamously, its "Panama Papers." It is a place of financial and logistical significance.

The Heart of the Matter: Historical Significance vs. Logistical Significance

Iraq's importance is historical. It is a nation you must understand to comprehend the origins of law, writing, and empire. Its significance is deep, cultural, and foundational. Panama's importance is logistical. It is a nation you must understand to comprehend the mechanics of modern globalization. Its significance is pragmatic, commercial, and connective. Iraq is the "why" of civilization; Panama is the "how" of modern trade.

Practical Advice for a Global Citizen

Thinking of Doing Business?

  • Choose Iraq if: You are in the energy or heavy infrastructure sectors and are prepared for a high-risk, high-complexity environment.
  • Choose Panama if: You are in logistics, international trade, finance, or real estate. It is one of the most stable and business-friendly environments in Latin America, designed to facilitate global commerce.

Looking to Relocate?

  • Iraq is for you if: Your work is in diplomacy, archaeology, or oil and gas, and you are a resilient, adaptable individual.
  • Panama is for you if: You are an entrepreneur, a banker, a retiree, or a remote worker looking for a modern, cosmopolitan city with great amenities, a tropical climate, and a lower cost of living than many Western hubs.

A Tale of Two Vacations

Iraq offers: A profound journey into the past. A trip to explore the roots of human civilization at sites like Ur and Babylon. It is an intellectual and spiritual expedition.

Panama offers: A journey of contrasts. You can marvel at the engineering wonder of the Panama Canal, explore the biodiversity of its rainforests, relax on a Caribbean island in the San Blas archipelago, and enjoy the nightlife of a modern metropolis, all within a few hours of each other.

Conclusion: The River of Time or the Current of Commerce?

Iraq and Panama are both pivotal connectors, but they operate on different planes. Iraq connects us to the deep, slow-moving river of human history, showing us where we came from. Panama plugs us into the fast-moving, high-voltage current of modern commerce, showing us how our world works today. One is about our roots, the other about our routes.

🏆 The Final Verdict

Winner: It's a matter of function. For unparalleled historical and cultural importance, Iraq is in a league of its own. for its critical role in modern global logistics and as a model of a service-based economy, Panama is a unique and powerful player.

The Bottom Line

Iraq is where civilization learned to write its story. Panama is where global business sends its invoices.

💡 Surprise Fact

The ancient city of Baghdad was meticulously planned in the 8th century as a round city, with the caliph's palace at the exact center. The Panama Canal requires an enormous amount of fresh water to operate, using water from the man-made Gatun Lake. In a sense, ships are lifted and lowered on a "bridge of water."

Other Country Comparisons

Data Disclaimer: Projected data (future years) are estimates based on mathematical models. Actual values may differ. Learn about our methodology →

Data Sources

Comparison data is aggregated from multiple authoritative international organizations:

World Bank Open Data - Development and economic indicators
UN Data - Population and demographic statistics
IMF Data Portal - International financial statistics
WHO Data - Global health statistics
OECD Statistics - Economic and social data
Our Methodology - Learn how we process and analyze data

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