Adjusted savings: gross savings in Panama
Panama: Adjusted savings: gross savings was 30.7% in 2021. ▲ Rising
Adjusted savings: gross savings in Panama, 1977–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Panama is 30.7%, measured in 2021.
That represents a change of up 13.2% on the previous year and up 5.7% over ten years.
Over the whole period, adjusted savings: gross savings in Panama peaked at 33.8% in 2015 and was at its lowest, 2.4%, in 1989.
That places Panama 43rd out of 178 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Adjusted savings: gross savings in Panama, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 27.7% | — |
| 1978 | 29.8% | +7.7% |
| 1979 | 27.0% | -9.3% |
| 1980 | 24.9% | -7.9% |
| 1981 | 20.9% | -16.0% |
| 1982 | 29.7% | +41.7% |
| 1983 | 25.4% | -14.3% |
| 1984 | 13.1% | -48.3% |
| 1985 | 16.0% | +21.5% |
| 1986 | 15.4% | -3.5% |
| 1987 | 22.7% | +47.2% |
| 1988 | 16.1% | -28.8% |
| 1989 | 2.4% | -84.8% |
| 1990 | 16.5% | +574.5% |
| 1991 | 12.6% | -23.9% |
| 1992 | 18.0% | +43.3% |
| 1993 | 20.5% | +14.0% |
| 1994 | 23.6% | +14.9% |
| 1995 | 23.5% | -0.4% |
| 1996 | 25.6% | +9.1% |
| 1997 | 27.0% | +5.2% |
| 1998 | 21.2% | -21.3% |
| 1999 | 19.5% | -8.2% |
| 2000 | 22.9% | +17.8% |
| 2001 | 20.6% | -10.4% |
| 2002 | 19.1% | -7.2% |
| 2003 | 19.0% | -0.2% |
| 2004 | 16.2% | -15.1% |
| 2005 | 18.5% | +14.7% |
| 2006 | 21.4% | +15.4% |
| 2007 | 28.1% | +31.6% |
| 2008 | 29.7% | +5.6% |
| 2009 | 28.7% | -3.3% |
| 2010 | 24.6% | -14.5% |
| 2011 | 29.1% | +18.3% |
| 2012 | 31.6% | +8.7% |
| 2013 | 32.5% | +2.9% |
| 2014 | 30.1% | -7.5% |
| 2015 | 33.8% | +12.3% |
| 2016 | 32.0% | -5.2% |
| 2017 | 33.6% | +5.1% |
| 2018 | 32.2% | -4.2% |
| 2019 | 31.3% | -3.1% |
| 2020 | 27.1% | -13.2% |
| 2021 | 30.7% | +13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.2% | 27.0% | 29.8% | 3 |
| 1980s | 18.7% | 2.4% | 29.7% | 10 |
| 1990s | 20.8% | 12.6% | 27.0% | 10 |
| 2000s | 22.4% | 16.2% | 29.7% | 10 |
| 2010s | 31.1% | 24.6% | 33.8% | 10 |
| 2020s | 28.9% | 27.1% | 30.7% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -2.61 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3966 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 7,600 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 78.89 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 78.89 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 2.06 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0262 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 518.14 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Panama?
- Adjusted savings: gross savings in Panama was 30.7% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Panama?
- The highest recorded value was 33.8% in 2015.
- What is the lowest adjusted savings: gross savings recorded in Panama?
- The lowest recorded value was 2.4% in 1989.
- How does Panama rank for adjusted savings: gross savings?
- Panama ranks 43rd out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Panama?
- Over the last ten years it is up 5.7%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.