Australia vs Panama: Gross Domestic Product — Value US$, annual growth rate
Australia
3.4 % change on previous year
in 2024
Panama
3.53 % change on previous year
in 2024
Australia rank
164th
Panama rank
161st
Gross Domestic Product — Value US$, annual growth rate over time
- Australia
- Panama
How they compare
Panama currently reports 3.53 % change on previous year against 3.4 % change on previous year in Australia, a difference of 0.13 % change on previous year.
The two have swapped places 22 times across 54 shared years of data; in 1971 it was Panama ahead.
Australia ranks 164th and Panama ranks 161st of 236 countries.
Across the 6 decades both report, Australia averaged higher in 4 and Panama in 2.
Head to head by decade
| Decade | Australia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 14.87 % change on previous year | 12.07 % change on previous year | 2.8 % change on previous year | Australia |
| 1980s | 8.42 % change on previous year | 6.18 % change on previous year | 2.24 % change on previous year | Australia |
| 1990s | 3.19 % change on previous year | 7.49 % change on previous year | 4.3 % change on previous year | Panama |
| 2000s | 9.6 % change on previous year | 9.08 % change on previous year | 0.5189 % change on previous year | Australia |
| 2010s | 3.73 % change on previous year | 9.93 % change on previous year | 6.2 % change on previous year | Panama |
| 2020s | 6.2 % change on previous year | 5.2 % change on previous year | 1 % change on previous year | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value us$, annual growth rate, Australia or Panama?
- Panama, at 3.53 % change on previous year against 3.4 % change on previous year in Australia as of 2024.
- What is the difference in gross domestic product — value us$, annual growth rate between Australia and Panama?
- 0.13 % change on previous year, with Panama ahead.
- How many years of comparable data are there for Australia and Panama?
- 54 years are reported by both, from 1971 to 2024.
- How do Australia and Panama rank globally for gross domestic product — value us$, annual growth rate?
- Australia ranks 164th and Panama ranks 161st of 236 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.