Panama vs Venezuela Comparison

Country Comparison
Panama Flag

Panama

4.6M (2025)

VS
Venezuela Flag

Venezuela

28.5M (2025)

Comprehensive comparison across 9 categories and 44 indicators

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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.)
Venezuela Flag

Venezuela

Population: 28.5M (2025) Area: 912.1K km² GDP: $108.5B (2025)
Capital: Caracas
Continent: South America
Official Languages: Spanish
Currency: VES
HDI: 0.709 (121.)

Geography and Demographics

Panama
Venezuela
Area
75.4K km²
912.1K km²
Total population
4.6M (2025)
28.5M (2025)
Population density
61.7 people/km² (2025)
32 people/km² (2025)
Average age
30.3 (2025)
29.4 (2025)

Economy and Finance

Panama
Venezuela
Total GDP
$91.7B (2025)
$108.5B (2025)
GDP per capita
$20,080 (2025)
$4,070 (2025)
Inflation rate
0.5% (2025)
180.0% (2025)
Growth rate
4.0% (2025)
-4.0% (2025)
Minimum wage
$483 (2024)
$3 (2024)
Tourism revenue
$6.1B (2025)
$600M (2025)
Unemployment rate
6.6% (2025)
5.6% (2025)
Public debt
56.6% (2025)
164.0% (2025)
Trade balance
-$270 (2025)
No data

Quality of Life and Health

Panama
Venezuela
Human development
0.839 (59.)
0.709 (121.)
Happiness index
6,407 (41.)
5,683 (82.)
Health Exp. per Cap. ($)
$1.5K (9%)
$209 (5%)
Life expectancy
80 (2025)
72.8 (2025)
Safety index
72.8 (87.)
35.1 (179.)

Education and Technology

Panama
Venezuela
Education Exp. (% GDP)
3.9% (2025)
No data
Literacy rate
96.4% (2025)
97.0% (2025)
Primary school completion
96.4% (2025)
97.0% (2025)
Internet usage
82.4% (2025)
66.4% (2025)
Internet speed
171.1 Mbps (35.)
85.25 Mbps (73.)

Environment and Sustainability

Panama
Venezuela
Renewable energy
67.9% (2025)
47.3% (2025)
Carbon emissions per capita
16 kg per capita (2025)
87 kg per capita (2025)
Forest area
56.4% (2025)
52.2% (2025)
Freshwater resources
139 km³ (2025)
1.3K km³ (2025)
Air quality
9.52 µg/m³ PM2.5 (2025)
14.02 µg/m³ PM2.5 (2025)

Military Power

Panama
Venezuela
Military expenditure
$0 (2025)
No data
Military power rank
284 (144.)
10,741 (54.)

Governance and Politics

Panama
Venezuela
Democracy index
6.84 (2024)
2.25 (2024)
Corruption perception
33 (120.)
11 (172.)
Political stability
0.2 (91.)
-1.1 (158.)
Press freedom
56 (73.)
30.1 (156.)

Infrastructure and Services

Panama
Venezuela
Clean water access
94.7% (2025)
93.3% (2025)
Electricity access
100.0% (2025)
100.0% (2025)
Electricity price
0.2 $/kWh (2025)
0.01 $/kWh (2025)
Paved Roads
No data
No data
Traffic deaths (per 100K)
13.58 /100K (2025)
42.14 /100K (2025)
Retirement age
62 (2025)
60 (2025)

Tourism and International Relations

Panama
Venezuela
Passport power
75.9 (2025)
68.48 (2025)
Tourist arrivals
1.5M (2022)
429K (2017)
Tourism revenue
$6.1B (2025)
$600M (2025)
World heritage sites
5 (2025)
3 (2025)

Comparison Result

Panama
Panama Flag
27.5

Superior Fields

Leader
Panama
Venezuela
Venezuela Flag
12.5

Superior Fields

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

GDP Comparison

Total GDP

$91.7B (2025)
Panama
vs
$108.5B (2025)
Venezuela
Difference: %18

GDP per Capita

$20,080 (2025)
Panama
vs
$4,070 (2025)
Venezuela
Difference: %393

Comparison Evaluation

Panama Flag

Panama Evaluation

Key advantages for Panama: • Panama has 161.0x higher minimum wage • Panama has 4.9x higher GDP per capita • Panama has 7.0x higher healthcare spending per capita • Panama has 3.0x higher democracy index
Venezuela Flag

Venezuela Evaluation

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

Venezuela demonstrates advantages in: • Venezuela has 12.1x higher land area • Venezuela has 6.2x higher population

Overall Evaluation

Final Conclusion

Panama vs. Venezuela: The Stable Hub vs. The Fallen Giant

A Tale of a Rising Star and a Troubled Soul

Comparing modern-day Panama and Venezuela is a tragic and stark study in divergent paths. It’s like contrasting a well-managed, thriving port with a once-great lighthouse that has fallen into disrepair. Panama is the port—a stable, prosperous, and globally-connected hub that has capitalized on its assets. Venezuela, blessed with the world’s largest oil reserves, is the lighthouse—a nation with immense natural wealth and a vibrant culture, now crippled by political and economic crisis.

The Most Striking Contrasts

  • Economic Reality: This is the most painful contrast. Panama has a stable, dollarized, and growing service-based economy. Venezuela is in the grip of a severe economic collapse, marked by hyperinflation, widespread shortages, and a mass exodus of its population.
  • Stability vs. Volatility: Panama is a beacon of political and economic stability in a sometimes-turbulent region. Venezuela is the epicenter of regional instability, a nation defined by deep political division, social unrest, and uncertainty.
  • Flow of People: Panama is a magnet for international business people, expats, and retirees. Venezuela has experienced one of the largest refugee crises in modern history, with millions of its citizens fleeing to other countries, including Panama.

The Pragmatic Success vs. The Squandered Potential

Panama represents pragmatic success. It took its one great asset—its geography—and built a safe, reliable, and prosperous nation around it. It chose business over ideology and has reaped the rewards.

Venezuela represents a story of squandered potential. A country that was once the wealthiest in Latin America, with a democratic tradition and a sophisticated culture, has been brought to its knees. Its story is a cautionary tale about the dangers of resource dependency and political polarization.

Practical Advice

If You Want to Start a Business:

  • Panama is for you if: You want to do business. Period. It offers a secure, stable, and advantageous environment for almost any international enterprise.
  • Venezuela is for you if: You are a high-risk crisis investor or involved in humanitarian aid. Under current conditions, conventional business operations are nearly impossible and extremely risky.

If You Want to Settle Down:

  • Choose Panama for: A safe, comfortable, and predictable life. It offers modern amenities, a large expat community, and a secure environment.
  • Choose Venezuela for: This is not a viable option for settlement for most people at present due to the ongoing crisis, insecurity, and lack of basic services. It is a place people are leaving, not moving to.

Tourist Experience

A trip to Panama is a safe and accessible tropical adventure. You can visit the Canal, explore its nature, and enjoy its beaches without worry.

Tourism in Venezuela is largely non-existent for international travelers today. While the country is home to breathtaking natural wonders like Angel Falls (the world's tallest waterfall) and the pristine Los Roques archipelago, the security situation and lack of infrastructure make travel extremely difficult and dangerous.

Conclusion: Which World Do You Choose?

This is less a choice and more an observation of two starkly different realities. Panama is a symbol of what can be achieved with strategic vision and stability.

Venezuela is a tragic symbol of how quickly a prosperous nation can unravel. It is a country with a rich soul and incredible beauty, currently in a state of profound suffering, holding onto hope for a better future.

🏆 The Final Verdict

Winner: In every practical measure of stability, safety, and opportunity, Panama is the winner. This isn't a fair fight; it's a comparison between a country at its peak and one in a deep crisis.

Practical Decision: The only practical decision for business, travel, or life is Panama.

Final Word: Panama is a safe harbor. Our hearts go out to the people of Venezuela, in the hope that their beautiful country will one day become a safe harbor again.

💡 Surprising Fact

Panama’s economy is one of the most stable and consistently growing in Latin America. Venezuela’s Angel Falls is so tall (979 meters) that in the dry season, the water turns into a mist before it even reaches the ground.

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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