India 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 India at 61/100. 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
65
Economic strength
65
48
Political stability
Panama leads
58
58
Business climate
Panama leads
70
55
Financial maturity
Panama leads
68
90
Growth outlook
India leads
58
Macro snapshot
3,730
GDP (USD bn)
+3648.0 bn
82
6.8%
GDP growth (%)
+3.3 pp
3.5%
$2,600
GDP per capita (USD)
-15900.0
$18,500
4.8%
Inflation (%)
+2.8 pp
2.0%
1.6%
FDI (% of GDP)
-3.9 pp
5.5%
82%
Public debt (% of GDP)
+27.0 pp
55%
1,440
Population (M)
+1435.6M
4.4
India: strong sectors
- Technology (IT Services)8.0% of GDP95
- Financial Services6.0% of GDP82
- Pharmaceuticals2.0% of GDP80
- Manufacturing13.0% of GDP70
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: India or Panama?
Our composite investment index gives India a score of 61/100 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 India a safer market than Panama?
Risk classification puts India 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: India or Panama?
India is currently growing at 6.8% per year, vs 3.5% for Panama. India has the faster headline growth rate today.