Georgia vs Panama: Gross domestic product (GDP), annual growth rate (Bolt)

Georgia
10.11 % change on previous year
in 2022
Panama
10.81 % change on previous year
in 2022
Georgia rank
7th
Panama rank
6th

Gross domestic product (GDP), annual growth rate (Bolt) over time

  • Georgia
  • Panama
-40-20020190719642022

How they compare

Panama currently reports 10.81 % change on previous year against 10.11 % change on previous year in Georgia, a difference of 0.7 % change on previous year.

That makes Panama's figure about 1.1 times Georgia's.

The two have swapped places 12 times across 42 shared years of data; in 1981 it was Panama ahead.

Georgia ranks 7th and Panama ranks 6th of 166 countries.

Across the 5 decades both report, Georgia averaged higher in 2 and Panama in 3.

Head to head by decade

Decade Georgia Panama Difference Ahead
1980s 4.2 % change on previous year 1.93 % change on previous year 2.27 % change on previous year Georgia
1990s -9.39 % change on previous year 5.9 % change on previous year 15.28 % change on previous year Panama
2000s 5.51 % change on previous year 5.82 % change on previous year 0.3046 % change on previous year Panama
2010s 4.75 % change on previous year 6.31 % change on previous year 1.55 % change on previous year Panama
2020s 4.6 % change on previous year 2.99 % change on previous year 1.61 % change on previous year Georgia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), annual growth rate, Georgia or Panama?
Panama, at 10.81 % change on previous year against 10.11 % change on previous year in Georgia as of 2022.
What is the difference in gross domestic product (gdp), annual growth rate between Georgia and Panama?
0.7 % change on previous year, with Panama ahead.
How many years of comparable data are there for Georgia and Panama?
42 years are reported by both, from 1981 to 2022.
How do Georgia and Panama rank globally for gross domestic product (gdp), annual growth rate?
Georgia ranks 7th and Panama ranks 6th of 166 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic product (GDP), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Georgia vs Panama: Gross domestic product (GDP), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 11 October 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-annual-growth-rate-3/georgia/panama/

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About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 15,244 data points, 1821–2022
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.