NationsData
Country Comparison

Panama vs South Korea

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.

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Panama

Latin America & Caribbean

65/ 100Moderate
Credit: NRGDP: $82bn
🇰🇷

South Korea

East Asia & Pacific

Leader
80/ 100Safe
Credit: AAGDP: $1,710bn

Overall: South Korea ranks higher

South Korea scores 80/100 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

South Korea leads

82

58

Political stability

South Korea leads

78

70

Business climate

South Korea leads

82

68

Financial maturity

South Korea leads

80

58

Growth outlook

South Korea leads

70

Macro snapshot

82

GDP (USD bn)

-1628.0 bn

1,710

3.5%

GDP growth (%)

+1.3 pp

2.2%

$18,500

GDP per capita (USD)

-14500.0

$33,000

2.0%

Inflation (%)

-0.5 pp

2.5%

5.5%

FDI (% of GDP)

+4.3 pp

1.2%

55%

Public debt (% of GDP)

+1.0 pp

54%

4.4

Population (M)

-47.6M

52

Panama: strong sectors

  • Logistics & Canal18.0% of GDP78
  • Financial Services14.0% of GDP70
  • Tourism8.0% of GDP62
  • Construction10.0% of GDP58

South Korea: strong sectors

  • Semiconductors8.0% of GDP95
  • Technology12.0% of GDP90
  • Automotive5.0% of GDP82
  • Manufacturing25.0% of GDP82

Frequently asked

Which is better for investment: Panama or South Korea?

Our composite investment index gives Panama a score of 65/100 and South Korea a score of 80/100. South Korea 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 South Korea?

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

Which has higher GDP growth: Panama or South Korea?

Panama is currently growing at 3.5% per year, vs 2.2% for South Korea. Panama has the faster headline growth rate today.

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