Colombia vs Panama
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax, to help you decide where to invest, incorporate, or relocate.
Overall: Panama ranks higher
Panama scores 65/100 on our composite investment index, ahead of Colombia at 50/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
52
Economic strength
Panama leads
65
38
Political stability
Panama leads
58
50
Business climate
Panama leads
70
52
Financial maturity
Panama leads
68
60
Growth outlook
Colombia leads
58
Macro snapshot
345
GDP (USD bn)
+263.0 bn
82
1.5%
GDP growth (%)
-2.0 pp
3.5%
$6,500
GDP per capita (USD)
-12000.0
$18,500
6.2%
Inflation (%)
+4.2 pp
2.0%
3.8%
FDI (% of GDP)
-1.7 pp
5.5%
58%
Public debt (% of GDP)
+3.0 pp
55%
52
Population (M)
+47.6M
4.4
Colombia: strong sectors
- Agriculture (Coffee)5.0% of GDP75
- Energy12.0% of GDP72
- Technology4.0% of GDP68
- Mining6.0% of GDP65
Panama: strong sectors
- Logistics & Canal18.0% of GDP78
- Financial Services14.0% of GDP70
- Tourism8.0% of GDP62
- Construction10.0% of GDP58
Frequently asked
Which is better for investment: Colombia or Panama?
Our composite investment index gives Colombia a score of 50/100 and Panama a score of 65/100. Panama ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is Colombia a safer market than Panama?
Risk classification puts Colombia as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Panama as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Colombia or Panama?
Colombia is currently growing at 1.5% per year, vs 3.5% for Panama. Panama has the faster headline growth rate today.