Costa Rica vs Panama: Gross domestic product (GDP)

Costa Rica
30.11 billion current GBP
in 2014
Panama
29.88 billion current GBP
in 2014
Costa Rica rank
83rd
Panama rank
85th

Gross domestic product (GDP) over time

  • Costa Rica
  • Panama
010.0B20.0B30.0B193619752014

How they compare

Costa Rica currently reports 30.11 billion current GBP against 29.88 billion current GBP in Panama, a difference of 235.10 million current GBP.

The two have swapped places 7 times across 69 shared years of data; in 1946 it was Panama ahead.

Costa Rica ranks 83rd and Panama ranks 85th of 200 countries.

Across the 8 decades both report, Costa Rica averaged higher in 5 and Panama in 3.

Head to head by decade

Decade Costa Rica Panama Difference Ahead
1940s 48.87 million current GBP 63.61 million current GBP 14.74 million current GBP Panama
1950s 130.64 million current GBP 115.89 million current GBP 14.74 million current GBP Costa Rica
1960s 227.85 million current GBP 258.78 million current GBP 30.93 million current GBP Panama
1970s 1.04 billion current GBP 891.82 million current GBP 150.07 million current GBP Costa Rica
1980s 2.96 billion current GBP 3.26 billion current GBP 299.92 million current GBP Panama
1990s 6.76 billion current GBP 5.38 billion current GBP 1.38 billion current GBP Costa Rica
2000s 12.55 billion current GBP 10.18 billion current GBP 2.37 billion current GBP Costa Rica
2010s 27.90 billion current GBP 24.81 billion current GBP 3.10 billion current GBP Costa Rica

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Costa Rica or Panama?
Costa Rica, at 30.11 billion current GBP against 29.88 billion current GBP in Panama as of 2014.
What is the difference in gross domestic product (gdp) between Costa Rica and Panama?
235.10 million current GBP, with Costa Rica ahead.
How many years of comparable data are there for Costa Rica and Panama?
69 years are reported by both, from 1946 to 2014.
How do Costa Rica and Panama rank globally for gross domestic product (gdp)?
Costa Rica ranks 83rd and Panama ranks 85th of 200 countries.
Where does this data come from?
Fouquin and Hugot (2016) – processed 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.

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Costa Rica vs Panama: Gross domestic product (GDP). Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/national-gdp-fouquin-current-gbp/costa-rica/panama/

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About this data

Indicator
Gross domestic product (GDP)
Unit
current GBP
Source
Fouquin and Hugot (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
200 places, 13,609 data points, 1827–2014
Last refreshed

This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.