Libya vs Panama: Gross Domestic Product — Value US$, annual growth rate
Libya
3.41 % change on previous year
in 2024
Panama
3.53 % change on previous year
in 2024
Libya rank
163rd
Panama rank
161st
Gross Domestic Product — Value US$, annual growth rate over time
- Libya
- Panama
How they compare
Panama currently reports 3.53 % change on previous year against 3.41 % change on previous year in Libya, a difference of 0.12 % change on previous year.
The two have swapped places 23 times across 54 shared years of data; in 1971 it was Libya ahead.
Libya ranks 163rd and Panama ranks 161st of 236 countries.
Across the 6 decades both report, Libya averaged higher in 2 and Panama in 4.
Head to head by decade
| Decade | Libya | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 26.2 % change on previous year | 12.07 % change on previous year | 14.13 % change on previous year | Libya |
| 1980s | 0.489 % change on previous year | 6.18 % change on previous year | 5.69 % change on previous year | Panama |
| 1990s | 2.65 % change on previous year | 7.49 % change on previous year | 4.84 % change on previous year | Panama |
| 2000s | 9.23 % change on previous year | 9.08 % change on previous year | 0.15 % change on previous year | Libya |
| 2010s | 6.4 % change on previous year | 9.93 % change on previous year | 3.53 % change on previous year | Panama |
| 2020s | -5.83 % change on previous year | 5.2 % change on previous year | 11.03 % change on previous year | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value us$, annual growth rate, Libya or Panama?
- Panama, at 3.53 % change on previous year against 3.41 % change on previous year in Libya as of 2024.
- What is the difference in gross domestic product — value us$, annual growth rate between Libya and Panama?
- 0.12 % change on previous year, with Panama ahead.
- How many years of comparable data are there for Libya and Panama?
- 54 years are reported by both, from 1971 to 2024.
- How do Libya and Panama rank globally for gross domestic product — value us$, annual growth rate?
- Libya ranks 163rd and Panama ranks 161st of 236 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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.