Panama vs Portugal
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: Portugal ranks higher
Portugal scores 72/100 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
65
Economic strength
Portugal leads
70
58
Political stability
Portugal leads
78
70
Business climate
Portugal leads
72
68
Financial maturity
68
58
Growth outlook
Portugal leads
72
Macro snapshot
82
GDP (USD bn)
-205.1 bn
287
3.5%
GDP growth (%)
+1.3 pp
2.2%
$18,500
GDP per capita (USD)
-9320.0
$27,820
2.0%
Inflation (%)
-0.5 pp
2.5%
5.5%
FDI (% of GDP)
+0.7 pp
4.8%
55%
Public debt (% of GDP)
-45.5 pp
101%
4.4
Population (M)
-5.9M
10.3
Panama: strong sectors
- Logistics & Canal18.0% of GDP78
- Financial Services14.0% of GDP70
- Tourism8.0% of GDP62
- Construction10.0% of GDP58
Portugal: strong sectors
- Tourism15.2% of GDP78
- Renewable Energy5.5% of GDP75
- Technology & Startups4.8% of GDP72
- Cork & Agriculture2.8% of GDP68
Frequently asked
Which is better for investment: Panama or Portugal?
Our composite investment index gives Panama a score of 65/100 and Portugal a score of 72/100. Portugal ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is Panama a safer market than Portugal?
Risk classification puts Panama as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Portugal as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Panama or Portugal?
Panama is currently growing at 3.5% per year, vs 2.2% for Portugal. Panama has the faster headline growth rate today.