🇵🇦 Panama vs 🇨🇳 China

Live side-by-side comparison of government debt. China currently owes about 407.1× as much as Panama — a gap of $21.83 trillion. Updated every second from each country's baseline figure; sources below.

Among the 135 governments tracked here, Panama ranks 64th by debt-to-GDP and China 20th. Measured per person, Panama is 49th and China 41st.

Analysis

By total government debt, Panama ranks 75th and China 2nd among the 135 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the government debt in China is roughly 1.3× that in Panama ($15,611 vs $11,633 per person).

The debt-to-GDP picture is asymmetric here: China sits at 99% of GDP, well above Panama's 57%, meaning China owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

The gap between them is widening: China's debt is growing faster in dollar terms ($99K/sec vs $101/sec for Panama), adding roughly $8,573,212,800 to the difference each day.

Scale is part of the story too: China's population (1.40B) is about 303.3× Panama's (5M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

More Panama comparisons