Panama vs Switzerland: Wage bill as a percentage of GDP
Panama
7.5%
in 2022
Switzerland
7.4%
in 2022
Panama rank
109th
Switzerland rank
111th
Wage bill as a percentage of GDP over time
- Panama
- Switzerland
How they compare
Panama currently reports 7.5% against 7.4% in Switzerland, a difference of 0.1%.
The two have swapped places 1 time across 23 shared years of data; in 2000 it was Switzerland ahead.
Panama ranks 109th and Switzerland ranks 111th of 191 countries.
Across the 3 decades both report, Panama averaged higher in 1 and Switzerland in 2.
Head to head by decade
| Decade | Panama | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.1% | 7.1% | 1.0% | Switzerland |
| 2010s | 5.5% | 7.3% | 1.8% | Switzerland |
| 2020s | 7.9% | 7.5% | 0.4% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wage bill as a percentage of gdp, Panama or Switzerland?
- Panama, at 7.5% against 7.4% in Switzerland as of 2022.
- What is the difference in wage bill as a percentage of gdp between Panama and Switzerland?
- 0.1%, with Panama ahead.
- How many years of comparable data are there for Panama and Switzerland?
- 23 years are reported by both, from 2000 to 2022.
- How do Panama and Switzerland rank globally for wage bill as a percentage of gdp?
- Panama ranks 109th and Switzerland ranks 111th of 191 countries.
- Where does this data come from?
- The World Bank, published as Wage bill as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.