Adjusted net national income in Panama
Panama: Adjusted net national income was 8.3% in 2021. ◆ Volatile
Adjusted net national income in Panama, 1997–2021
Source: Staff estimates, World Bank (WB). Measured in annual % growth.
Analysis
In 2021, adjusted net national income in Panama stood at 8.3%.
Compared with earlier readings it is up 149.1% on the previous year and down 41.2% over ten years.
Over the whole period, adjusted net national income in Panama peaked at 14.2% in 2011 and was at its lowest, -17.0%, in 2020.
That places Panama 32nd out of 154 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income in Panama, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1997 | 7.3% | — |
| 1998 | 7.9% | +9.3% |
| 1999 | 0.6% | -92.1% |
| 2000 | 3.4% | +445.4% |
| 2001 | 1.3% | -61.5% |
| 2002 | 6.3% | +375.6% |
| 2003 | 4.0% | -36.4% |
| 2004 | 1.7% | -57.2% |
| 2005 | 9.6% | +464.2% |
| 2006 | 5.8% | -39.4% |
| 2007 | 11.8% | +102.8% |
| 2008 | 9.8% | -16.9% |
| 2009 | 6.6% | -33.3% |
| 2010 | 1.7% | -74.1% |
| 2011 | 14.2% | +736.7% |
| 2012 | 8.0% | -43.6% |
| 2013 | 8.2% | +1.9% |
| 2014 | 1.9% | -77.1% |
| 2015 | 9.9% | +427.7% |
| 2016 | 3.4% | -65.3% |
| 2017 | 5.7% | +66.4% |
| 2018 | 0.0% | -99.6% |
| 2019 | 2.2% | +9973.4% |
| 2020 | -17.0% | -878.0% |
| 2021 | 8.3% | -149.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.3% | 0.6% | 7.9% | 3 |
| 2000s | 6.0% | 1.3% | 11.8% | 10 |
| 2010s | 5.5% | 0.0% | 14.2% | 10 |
| 2020s | -4.3% | -17.0% | 8.3% | 2 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 2.48 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2057 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,071 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.48 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2264 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 4,480 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.57 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7002 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net national income in Panama?
- Adjusted net national income in Panama was 8.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in Panama?
- The highest recorded value was 14.2% in 2011.
- What is the lowest adjusted net national income recorded in Panama?
- The lowest recorded value was -17.0% in 2020.
- How does Panama rank for adjusted net national income?
- Panama ranks 32nd out of 154 countries with data for 2021.
- Is adjusted net national income rising or falling in Panama?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.