Georgia 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 Georgia at 58/100. 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
55
Economic strength
Panama leads
65
48
Political stability
Panama leads
58
65
Business climate
Panama leads
70
55
Financial maturity
Panama leads
68
68
Growth outlook
Georgia leads
58
Macro snapshot
29
GDP (USD bn)
-53.5 bn
82
5.5%
GDP growth (%)
+2.0 pp
3.5%
$7,620
GDP per capita (USD)
-10880.0
$18,500
2.5%
Inflation (%)
+0.5 pp
2.0%
6.2%
FDI (% of GDP)
+0.7 pp
5.5%
40%
Public debt (% of GDP)
-15.2 pp
55%
3.7
Population (M)
-0.7M
4.4
Georgia: strong sectors
- Tourism8.5% of GDP68
- IT Services3.2% of GDP65
- Mining3.5% of GDP55
- Agriculture6.8% of GDP48
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: Georgia or Panama?
Our composite investment index gives Georgia a score of 58/100 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 Georgia a safer market than Panama?
Risk classification puts Georgia 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: Georgia or Panama?
Georgia is currently growing at 5.5% per year, vs 3.5% for Panama. Georgia has the faster headline growth rate today.