Libya vs Panama: Gross domestic product (GDP)
Libya
91.44 billion international-$ in 2011 prices
in 2022
Panama
94.76 billion international-$ in 2011 prices
in 2022
Libya rank
89th
Panama rank
88th
Gross domestic product (GDP) over time
- Libya
- Panama
How they compare
Panama currently reports 94.76 billion international-$ in 2011 prices against 91.44 billion international-$ in 2011 prices in Libya, a difference of 3.32 billion international-$ in 2011 prices.
The two have swapped places 4 times across 73 shared years of data; in 1950 it was Panama ahead.
Libya ranks 89th and Panama ranks 88th of 166 countries.
Across the 8 decades both report, Libya averaged higher in 7 and Panama in 1.
Head to head by decade
| Decade | Libya | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 920.80 million international-$ in 2011 prices | 2.79 billion international-$ in 2011 prices | 1.87 billion international-$ in 2011 prices | Panama |
| 1960s | 6.05 billion international-$ in 2011 prices | 5.42 billion international-$ in 2011 prices | 629.25 million international-$ in 2011 prices | Libya |
| 1970s | 18.42 billion international-$ in 2011 prices | 9.76 billion international-$ in 2011 prices | 8.66 billion international-$ in 2011 prices | Libya |
| 1980s | 21.02 billion international-$ in 2011 prices | 15.48 billion international-$ in 2011 prices | 5.54 billion international-$ in 2011 prices | Libya |
| 1990s | 32.43 billion international-$ in 2011 prices | 22.49 billion international-$ in 2011 prices | 9.94 billion international-$ in 2011 prices | Libya |
| 2000s | 95.83 billion international-$ in 2011 prices | 36.74 billion international-$ in 2011 prices | 59.09 billion international-$ in 2011 prices | Libya |
| 2010s | 118.05 billion international-$ in 2011 prices | 72.78 billion international-$ in 2011 prices | 45.26 billion international-$ in 2011 prices | Libya |
| 2020s | 92.68 billion international-$ in 2011 prices | 84.70 billion international-$ in 2011 prices | 7.98 billion international-$ in 2011 prices | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), Libya or Panama?
- Panama, at 94.76 billion international-$ in 2011 prices against 91.44 billion international-$ in 2011 prices in Libya as of 2022.
- What is the difference in gross domestic product (gdp) between Libya and Panama?
- 3.32 billion international-$ in 2011 prices, with Panama ahead.
- How many years of comparable data are there for Libya and Panama?
- 73 years are reported by both, from 1950 to 2022.
- How do Libya and Panama rank globally for gross domestic product (gdp)?
- Libya ranks 89th and Panama ranks 88th of 166 countries.
- Where does this data come from?
- Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.