This map shows the size of Panama in relation to Turks and Caicos Islands.

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If Panama were your home instead of Turks and Caicos Islands you would...

use 3.2 times more electricity

The per capita consumption of electricity in Panama is 1,516kWh while in Turks and Caicos Islands it is 474kWh.

This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
Source: CIA World Factbook

have 29% more chance at being employed

Panama has an unemployment rate of 7.10% while Turks and Caicos Islands has 10.00%

This entry contains the percent of the labor force that is without jobs.
Source: CIA World Factbook

have 10.87% less chance of dying in infancy

The number of deaths of infants under one year old in a given year per 1,000 live births in Panama is 11.97 while in Turks and Caicos Islands it is 13.43.

This entry gives the number of deaths of infants under one year old in a given year per 1,000 live births in the same year; included is the total death rate, and deaths by sex, male and female. This rate is often used as an indicator of the level of health in a country.
Source: CIA World Factbook

live 1.97 years longer

The life expectancy at birth in Panama is 77.61 while in Turks and Caicos Islands it is 75.64.

This entry contains the average number of years to be lived by a group of people born in the same year, if mortality at each age remains constant in the future. The entry includes total population as well as the male and female components. Life expectancy at birth is also a measure of overall quality of life in a country and summarizes the mortality at all ages. It can also be thought of as indicating the potential return on investment in human capital and is necessary for the calculation of various actuarial measures.
Source: CIA World Factbook

have 3.57% less babies

The annual number of births per 1,000 people in Panama is 19.71 while in Turks and Caicos Islands it is 20.44.

This entry gives the average annual number of births during a year per 1,000 persons in the population at midyear; also known as crude birth rate. The birth rate is usually the dominant factor in determining the rate of population growth. It depends on both the level of fertility and the age structure of the population.
Source: CIA World Factbook

make 3.48% more money

The GDP per capita in Panama is $11,900 while in Turks and Caicos Islands it is $11,500

This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.
Source: CIA World Factbook

More Information about Panama

With its 3,410,676 people Panama is the 134th largest country in the world by population. It is the 117th largest country by area with 75,420 square kilometers. Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan (estimated to cost $5.3 billion) to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15.

Reading about Panama

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