Panama vs Venezuela, Bolivarian Republic of: Gross domestic product (GDP), Constant prices, Percent

Panama
4.54
in 2031
Venezuela, Bolivarian Republic of
6
in 2027
Panama rank
3rd
Venezuela, Bolivarian Republic of rank
1st

Gross domestic product (GDP), Constant prices, Percent over time

  • Panama
  • Venezuela, Bolivarian Republic of
-30-20-1001020198020052031

How they compare

Venezuela, Bolivarian Republic of currently reports 6 against 4.54 in Panama, a difference of 1.46.

That makes Venezuela, Bolivarian Republic of's figure about 1.3 times Panama's.

The two have swapped places 15 times across 48 shared years of data; in 1980 it was Panama ahead.

Panama ranks 3rd and Venezuela, Bolivarian Republic of ranks 1st of 36 countries.

Panama has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Panama Venezuela, Bolivarian Republic of Difference Ahead
1980s 1.22 -0.3884 1.6 Panama
1990s 6.45 2.46 3.98 Panama
2000s 6.4 3.98 2.43 Panama
2010s 6.12 -8.05 14.16 Panama
2020s 4.04 -0.0213 4.06 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), constant prices, percent, Panama or Venezuela, Bolivarian Republic of?
Venezuela, Bolivarian Republic of, at 6 against 4.54 in Panama as of 2027.
What is the difference in gross domestic product (gdp), constant prices, percent between Panama and Venezuela, Bolivarian Republic of?
1.46, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Panama and Venezuela, Bolivarian Republic of?
48 years are reported by both, from 1980 to 2027.
How do Panama and Venezuela, Bolivarian Republic of rank globally for gross domestic product (gdp), constant prices, percent?
Panama ranks 3rd and Venezuela, Bolivarian Republic of ranks 1st of 36 countries.
Where does this data come from?
International Monetary Fund, published as Gross domestic product (GDP), Constant prices, Percent. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Venezuela, Bolivarian Republic of: Gross domestic product (GDP), Constant prices, Percent. Statizoid, drawing on International Monetary Fund. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-constant-prices-percent/panama/venezuela-rb/

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About this data

Indicator
Gross domestic product (GDP), Constant prices, Percent
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
37 places, 1,907 data points, 1980–2031
Last refreshed

The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.