Madagascar vs Panama Comparison

Country Comparison
Madagascar Flag

Madagascar

32.7M (2025)

VS
Panama Flag

Panama

4.6M (2025)

Comprehensive comparison across 9 categories and 44 indicators

Loading countries...

No countries found

Loading countries...

No countries found
Madagascar Flag

Madagascar

Population: 32.7M (2025) Area: 587K km² GDP: $18.7B (2025)
Capital: Antananarivo
Continent: Africa
Official Languages: Malagasy, French
Currency: MGA
HDI: 0.487 (183.)
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

Madagascar
Panama
Area
587K km²
75.4K km²
Total population
32.7M (2025)
4.6M (2025)
Population density
53.6 people/km² (2025)
61.7 people/km² (2025)
Average age
19.2 (2025)
30.3 (2025)

Economy and Finance

Madagascar
Panama
Total GDP
$18.7B (2025)
$91.7B (2025)
GDP per capita
$595 (2025)
$20,080 (2025)
Inflation rate
8.4% (2025)
0.5% (2025)
Growth rate
3.9% (2025)
4.0% (2025)
Minimum wage
$55 (2024)
$483 (2024)
Tourism revenue
$200M (2025)
$6.1B (2025)
Unemployment rate
2.9% (2025)
6.6% (2025)
Public debt
37.1% (2025)
56.6% (2025)
Trade balance
-$245 (2025)
-$270 (2025)

Quality of Life and Health

Madagascar
Panama
Human development
0.487 (183.)
0.839 (59.)
Happiness index
4,157 (130.)
6,407 (41.)
Health Exp. per Cap. ($)
$16 (3%)
$1.5K (9%)
Life expectancy
64 (2025)
80 (2025)
Safety index
54.1 (139.)
72.8 (87.)

Education and Technology

Madagascar
Panama
Education Exp. (% GDP)
2.9% (2025)
3.9% (2025)
Literacy rate
76.1% (2025)
96.4% (2025)
Primary school completion
76.1% (2025)
96.4% (2025)
Internet usage
24.3% (2025)
82.4% (2025)
Internet speed
31.31 Mbps (124.)
171.1 Mbps (35.)

Environment and Sustainability

Madagascar
Panama
Renewable energy
29.2% (2025)
67.9% (2025)
Carbon emissions per capita
4 kg per capita (2025)
16 kg per capita (2025)
Forest area
21.3% (2025)
56.4% (2025)
Freshwater resources
337 km³ (2025)
139 km³ (2025)
Air quality
12.38 µg/m³ PM2.5 (2025)
9.52 µg/m³ PM2.5 (2025)

Military Power

Madagascar
Panama
Military expenditure
$131.3M (2025)
$0 (2025)
Military power rank
673 (126.)
284 (144.)

Governance and Politics

Madagascar
Panama
Democracy index
5.33 (2024)
6.84 (2024)
Corruption perception
26 (144.)
33 (120.)
Political stability
-0.7 (136.)
0.2 (91.)
Press freedom
55 (78.)
56 (73.)

Infrastructure and Services

Madagascar
Panama
Clean water access
53.4% (2025)
94.7% (2025)
Electricity access
41.6% (2025)
100.0% (2025)
Electricity price
0.13 $/kWh (2025)
0.2 $/kWh (2025)
Paved Roads
No data
No data
Traffic deaths (per 100K)
30.7 /100K (2025)
13.58 /100K (2025)
Retirement age
60 (2025)
62 (2025)

Tourism and International Relations

Madagascar
Panama
Passport power
40.7 (2025)
75.9 (2025)
Tourist arrivals
87.1K (2020)
1.5M (2022)
Tourism revenue
$200M (2025)
$6.1B (2025)
World heritage sites
3 (2025)
5 (2025)

Comparison Result

Madagascar
Madagascar Flag
13.0

Superior Fields

Leader
Panama
Panama
Panama Flag
30.0

Superior Fields

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

GDP Comparison

Total GDP

$18.7B (2025)
Madagascar
vs
$91.7B (2025)
Panama
Difference: %390

GDP per Capita

$595 (2025)
Madagascar
vs
$20,080 (2025)
Panama
Difference: %3275

Comparison Evaluation

Madagascar Flag

Madagascar Evaluation

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

Madagascar excels in: • Madagascar has 7.8x higher land area • Madagascar has 7.2x higher population • Madagascar has 85% higher birth rate
Panama Flag

Panama Evaluation

Panama outperforms with: • Panama has 33.7x higher GDP per capita • Panama has 92.0x higher healthcare spending per capita • Panama has 8.8x higher minimum wage • Panama has 4.9x higher GDP

Overall Evaluation

Final Conclusion

Madagascar vs. Panama: The Natural History Museum vs. The Global Crossroads

A Tale of Isolation vs. Connection

To compare Madagascar and Panama is to contrast a world built by isolation with a world built by connection. Madagascar is a living museum of natural history, a massive island where life evolved on its own terms. Panama is the ultimate crossroads, a narrow isthmus physically connecting continents and economically connecting oceans. One is a sanctuary of the unique; the other is a conduit for the global.

The Most Striking Contrasts

The Defining Feature: For Madagascar, it’s the unique biodiversity—lemurs, chameleons, baobabs. For Panama, it’s a man-made marvel: the Panama Canal. This single piece of engineering defines its economy, its politics, and its place in the world.

Economic Philosophy: Madagascar has a resource-based, agricultural economy, inwardly focused and struggling with infrastructure. Panama has a service-based, outwardly-focused economy built on logistics, banking, and trade. It is slick, modern, and deeply integrated into global commerce.

The Vibe: Madagascar feels ancient, quiet, and mysterious. It operates on "mora mora" (slowly, slowly). Panama City feels hyper-modern, a bustling hub of skyscrapers, international finance, and kinetic energy. It moves at the speed of global business.

Nature’s Role

Both countries are incredibly biodiverse, but they present nature differently. In Madagascar, nature is the main event, the reason for the journey. It is exotic and strange. In Panama, nature is the stunning backdrop to the human story. Its lush rainforests and diverse wildlife are remarkably accessible, often just minutes from its cosmopolitan capital, but the Canal remains the star.

Practical Advice

If You Want to Start a Business:

Madagascar: Think big, patient, and foundational. Opportunities are in mining, large-scale agriculture, and building an ecotourism industry from the ground up.

Panama: Think services, trade, and finance. Its stable, dollarized economy and strategic location make it a hub for international business, logistics companies, and corporate headquarters.

If You Want to Settle Down:

Choose Madagascar if: You are a conservationist or researcher seeking a life of deep immersion in a truly unique environment, far from the globalized world.

Choose Panama if: You want a "soft landing" in Latin America. It offers a high standard of living, modern amenities, excellent healthcare, and easy access to both wild nature and a bustling city.

The Tourist Experience

Madagascar: A challenging but rewarding expedition. Your trip is a quest to see endemic wildlife in remote locations. It requires planning, time, and a rugged spirit.Panama: An easy and diverse vacation. You can visit the Panama Canal, explore the historic Casco Viejo, and be in a dense rainforest birdwatching, all in the same day. It’s a model of accessibility.

Conclusion: The Sanctuary or The Bridge?

The choice is between two fundamentally different roles in the world. Madagascar is a sanctuary, a place where things are kept apart, resulting in unparalleled uniqueness. Panama is a bridge, a place where things are brought together, resulting in unparalleled connectivity and commerce. One is a destination, the other a gateway.

🏆 The Final Verdict

Winner: For the business person, banker, or retiree seeking convenience and modern infrastructure, Panama is the decisive winner. For the biologist, adventurer, and seeker of the truly unique, Madagascar is in a class of its own.Practical Decision: If you want to see how the world moves, go to the Panama Canal. If you want to see a world that moved on its own, go to Madagascar.The Bottom Line: Panama connects the world's oceans; Madagascar is its own world in an ocean.

💡 Surprising Fact

Panama is the only place in the world where you can watch the sun rise on the Pacific Ocean and set on the Atlantic (Caribbean) in the same day. Madagascar is so large that its eastern and western coasts have completely different climates and ecosystems, shaped by different ocean currents.

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

Comments (0)

You must log in to comment

Log In