Adjusted savings: carbon dioxide damage (current US$) in Panama
Panama: Adjusted savings: carbon dioxide damage was 528.53 million current US$ in 2021. ◆ Volatile
Adjusted savings: carbon dioxide damage in Panama, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: carbon dioxide damage in Panama stood at 528.53 million current US$.
That represents a change of up 18.7% on the previous year and up 77.4% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Panama peaked at 543.99 million current US$ in 2019 and was at its lowest, 32.60 million current US$, in 1990.
Panama ranks 98th of 210 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: carbon dioxide damage in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 32.60 million current US$ | — |
| 1991 | 39.96 million current US$ | +22.6% |
| 1992 | 48.76 million current US$ | +22.0% |
| 1993 | 53.28 million current US$ | +9.3% |
| 1994 | 59.16 million current US$ | +11.0% |
| 1995 | 66.65 million current US$ | +12.7% |
| 1996 | 70.20 million current US$ | +5.3% |
| 1997 | 76.82 million current US$ | +9.4% |
| 1998 | 97.92 million current US$ | +27.5% |
| 1999 | 88.93 million current US$ | -9.2% |
| 2000 | 98.01 million current US$ | +10.2% |
| 2001 | 120.71 million current US$ | +23.2% |
| 2002 | 109.03 million current US$ | -9.7% |
| 2003 | 116.20 million current US$ | +6.6% |
| 2004 | 123.77 million current US$ | +6.5% |
| 2005 | 165.66 million current US$ | +33.8% |
| 2006 | 183.68 million current US$ | +10.9% |
| 2007 | 192.63 million current US$ | +4.9% |
| 2008 | 195.92 million current US$ | +1.7% |
| 2009 | 240.27 million current US$ | +22.6% |
| 2010 | 262.63 million current US$ | +9.3% |
| 2011 | 297.99 million current US$ | +13.5% |
| 2012 | 324.99 million current US$ | +9.1% |
| 2013 | 331.33 million current US$ | +2.0% |
| 2014 | 362.30 million current US$ | +9.3% |
| 2015 | 372.07 million current US$ | +2.7% |
| 2016 | 386.77 million current US$ | +4.0% |
| 2017 | 379.04 million current US$ | -2.0% |
| 2018 | 394.14 million current US$ | +4.0% |
| 2019 | 543.99 million current US$ | +38.0% |
| 2020 | 445.32 million current US$ | -18.1% |
| 2021 | 528.53 million current US$ | +18.7% |
Panama compared with similar countries
- Panama's 528.53 million current US$ is below the median for high income countries, which is 970.21 million current US$, 54% of the median. (78 countries reporting)
- Panama's 528.53 million current US$ is above the median for Latin America & Caribbean, which is 265.41 million current US$, 2.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 63.43 million current US$ | 32.60 million current US$ | 97.92 million current US$ | 10 |
| 2000s | 154.59 million current US$ | 98.01 million current US$ | 240.27 million current US$ | 10 |
| 2010s | 365.52 million current US$ | 262.63 million current US$ | 543.99 million current US$ | 10 |
| 2020s | 486.92 million current US$ | 445.32 million current US$ | 528.53 million current US$ | 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Panama?
- Adjusted savings: carbon dioxide damage in Panama was 528.53 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Panama?
- The highest recorded value was 543.99 million current US$ in 2019.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Panama?
- The lowest recorded value was 32.60 million current US$ in 1990.
- How does Panama rank for adjusted savings: carbon dioxide damage?
- Panama ranks 98th out of 210 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Panama?
- Over the last ten years it is up 77.4%. 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 savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.