Panama vs Papua New Guinea: GDP

Panama
84.75 billion constant LCU
in 2025
Papua New Guinea
76.24 billion constant LCU
in 2025
Panama rank
138th
Papua New Guinea rank
140th

GDP over time

  • Panama
  • Papua New Guinea
020.0B40.0B60.0B80.0B196019922025

How they compare

Panama currently reports 84.75 billion constant LCU against 76.24 billion constant LCU in Papua New Guinea, a difference of 8.51 billion constant LCU.

That makes Panama's figure about 1.1 times Papua New Guinea's.

The two have swapped places 5 times across 66 shared years of data; in 1960 it was Papua New Guinea ahead.

Panama ranks 138th and Papua New Guinea ranks 140th of 213 countries.

Across the 7 decades both report, Panama averaged higher in 2 and Papua New Guinea in 5.

Head to head by decade

Decade Panama Papua New Guinea Difference Ahead
1960s 4.41 billion constant LCU 9.37 billion constant LCU 4.96 billion constant LCU Papua New Guinea
1970s 8.05 billion constant LCU 15.92 billion constant LCU 7.87 billion constant LCU Papua New Guinea
1980s 12.17 billion constant LCU 18.61 billion constant LCU 6.44 billion constant LCU Papua New Guinea
1990s 16.44 billion constant LCU 27.67 billion constant LCU 11.23 billion constant LCU Papua New Guinea
2000s 28.37 billion constant LCU 32.86 billion constant LCU 4.49 billion constant LCU Papua New Guinea
2010s 56.66 billion constant LCU 54.56 billion constant LCU 2.10 billion constant LCU Panama
2020s 73.71 billion constant LCU 68.62 billion constant LCU 5.08 billion constant LCU Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Panama or Papua New Guinea?
Panama, at 84.75 billion constant LCU against 76.24 billion constant LCU in Papua New Guinea as of 2025.
What is the difference in gdp between Panama and Papua New Guinea?
8.51 billion constant LCU, with Panama ahead.
How many years of comparable data are there for Panama and Papua New Guinea?
66 years are reported by both, from 1960 to 2025.
How do Panama and Papua New Guinea rank globally for gdp?
Panama ranks 138th and Papua New Guinea ranks 140th of 213 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Papua New Guinea: GDP. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 25 August 2026, from https://economy.statizoid.com/compare/gdp-constant-lcu/panama/papua-new-guinea/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 11,623 data points, 1960–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.