NationsData
Country Comparison

Panama vs Turkey

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.

🇵🇦

Panama

Latin America & Caribbean

Leader
65/ 100Moderate
Credit: NRGDP: $82bn
🇹🇷

Turkey

Europe & Central Asia

42/ 100Caution
Credit: B+GDP: $1,130bn

Overall: Panama ranks higher

Panama scores 65/100 on our composite investment index, ahead of Turkey at 42/100. 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

Panama leads

42

58

Political stability

Panama leads

30

70

Business climate

Panama leads

45

68

Financial maturity

Panama leads

35

58

Growth outlook

58

Macro snapshot

82

GDP (USD bn)

-1048.0 bn

1,130

3.5%

GDP growth (%)

-1.0 pp

4.5%

$18,500

GDP per capita (USD)

+5500.0

$13,000

2.0%

Inflation (%)

-56.0 pp

58.0%

5.5%

FDI (% of GDP)

+4.5 pp

1.0%

55%

Public debt (% of GDP)

+20.0 pp

35%

4.4

Population (M)

-81.6M

86

Panama: strong sectors

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

Turkey: strong sectors

  • Tourism5.0% of GDP78
  • Automotive4.0% of GDP72
  • Manufacturing22.0% of GDP68
  • Construction6.0% of GDP55

Frequently asked

Which is better for investment: Panama or Turkey?

Our composite investment index gives Panama a score of 65/100 and Turkey a score of 42/100. Panama 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 Turkey?

Risk classification puts Panama as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Turkey as caution (Significant risks present - experienced investors with hedging strategies).

Which has higher GDP growth: Panama or Turkey?

Panama is currently growing at 3.5% per year, vs 4.5% for Turkey. Turkey has the faster headline growth rate today.

HomeCountriesIncorporateCompare