NationsData
Country Comparison

Germany 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.

🇩🇪

Germany

Europe & Central Asia

Leader
85/ 100Safe
Credit: AAAGDP: $4,460bn
🇵🇦

Panama

Latin America & Caribbean

65/ 100Moderate
Credit: NRGDP: $82bn

Overall: Germany ranks higher

Germany scores 85/100 on our composite investment index, ahead of Panama at 65/100. 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

82

Economic strength

Germany leads

65

90

Political stability

Germany leads

58

88

Business climate

Germany leads

70

86

Financial maturity

Germany leads

68

62

Growth outlook

Germany leads

58

Macro snapshot

4,460

GDP (USD bn)

+4378.0 bn

82

0.3%

GDP growth (%)

-3.2 pp

3.5%

$52,000

GDP per capita (USD)

+33500.0

$18,500

2.9%

Inflation (%)

+0.9 pp

2.0%

1.8%

FDI (% of GDP)

-3.7 pp

5.5%

65%

Public debt (% of GDP)

+10.0 pp

55%

84

Population (M)

+79.6M

4.4

Germany: strong sectors

  • Manufacturing20.0% of GDP90
  • Automotive6.0% of GDP82
  • Technology7.0% of GDP80
  • Energy4.0% of GDP72

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: Germany or Panama?

Our composite investment index gives Germany a score of 85/100 and Panama a score of 65/100. Germany ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.

Is Germany a safer market than Panama?

Risk classification puts Germany as safe (Strong fundamentals, stable governance, favorable investment climate) and Panama as moderate (Growing economy with manageable risks - suitable for diversified portfolios).

Which has higher GDP growth: Germany or Panama?

Germany is currently growing at 0.3% per year, vs 3.5% for Panama. Panama has the faster headline growth rate today.

HomeCountriesIncorporateCompare