Adjusted savings: net national savings in Panama
Panama: Adjusted savings: net national savings was 18.9% in 2021. ▲ Rising
Adjusted savings: net national savings in Panama, 1977–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Panama stood at 18.9%.
That represents a change of up 13.0% on the previous year and down 18.4% over ten years.
Over the whole period, adjusted savings: net national savings in Panama peaked at 27.4% in 2015 and was at its lowest, -5.9%, in 1989.
Panama ranks 40th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Adjusted savings: net national savings in Panama, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 21.1% | — |
| 1978 | 23.2% | +10.0% |
| 1979 | 20.2% | -12.9% |
| 1980 | 15.1% | -24.9% |
| 1981 | 11.9% | -21.6% |
| 1982 | 20.4% | +72.1% |
| 1983 | 16.9% | -17.0% |
| 1984 | 4.2% | -75.0% |
| 1985 | 7.8% | +83.3% |
| 1986 | 6.3% | -18.4% |
| 1987 | 15.7% | +147.1% |
| 1988 | 8.1% | -48.5% |
| 1989 | -5.9% | -172.6% |
| 1990 | 8.4% | -243.5% |
| 1991 | 3.9% | -54.0% |
| 1992 | 11.2% | +189.2% |
| 1993 | 12.7% | +13.4% |
| 1994 | 15.8% | +24.4% |
| 1995 | 15.2% | -3.9% |
| 1996 | 18.2% | +19.8% |
| 1997 | 18.8% | +3.4% |
| 1998 | 13.4% | -28.7% |
| 1999 | 11.0% | -17.9% |
| 2000 | 14.6% | +32.4% |
| 2001 | 12.0% | -17.4% |
| 2002 | 10.9% | -9.4% |
| 2003 | 10.9% | -0.3% |
| 2004 | 8.3% | -23.7% |
| 2005 | 11.1% | +34.4% |
| 2006 | 13.5% | +21.1% |
| 2007 | 20.7% | +53.6% |
| 2008 | 23.4% | +12.9% |
| 2009 | 23.0% | -1.7% |
| 2010 | 18.3% | -20.3% |
| 2011 | 23.2% | +26.6% |
| 2012 | 26.1% | +12.3% |
| 2013 | 26.8% | +2.8% |
| 2014 | 24.2% | -9.7% |
| 2015 | 27.4% | +13.4% |
| 2016 | 25.2% | -8.2% |
| 2017 | 26.5% | +5.5% |
| 2018 | 23.4% | -11.9% |
| 2019 | 21.5% | -8.1% |
| 2020 | 16.7% | -22.1% |
| 2021 | 18.9% | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.5% | 20.2% | 23.2% | 3 |
| 1980s | 10.1% | -5.9% | 20.4% | 10 |
| 1990s | 12.9% | 3.9% | 18.8% | 10 |
| 2000s | 14.8% | 8.3% | 23.4% | 10 |
| 2010s | 24.3% | 18.3% | 27.4% | 10 |
| 2020s | 17.8% | 16.7% | 18.9% | 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)
- Gross capital formation (current US$), annual growth rate -7.67 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3353 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 6,426 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -7.67 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3353 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 6,426 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -7.13 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2986 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Panama?
- Adjusted savings: net national savings in Panama was 18.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Panama?
- The highest recorded value was 27.4% in 2015.
- What is the lowest adjusted savings: net national savings recorded in Panama?
- The lowest recorded value was -5.9% in 1989.
- How does Panama rank for adjusted savings: net national savings?
- Panama ranks 40th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Panama?
- Over the last ten years it is down 18.4%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.