Annual growth of the gross capital formation in Panama
Panama: Annual growth of the gross capital formation was -7.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Panama, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Panama is -7.1%, measured in 2024.
Compared with earlier readings it is down 148.6% on the previous year and down 217.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Panama peaked at 48.6% in 2021 and was at its lowest, -48.6%, in 2020.
That places Panama 150th out of 174 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Panama, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.0% | — |
| 2001 | -17.8% | +348.5% |
| 2002 | 0.7% | -103.7% |
| 2003 | 20.8% | +3021.3% |
| 2004 | 17.0% | -18.5% |
| 2005 | 4.9% | -71.4% |
| 2006 | 14.1% | +190.7% |
| 2007 | 38.7% | +174.3% |
| 2008 | 28.1% | -27.5% |
| 2009 | -21.0% | -174.6% |
| 2010 | 32.6% | -255.3% |
| 2011 | 14.1% | -56.7% |
| 2012 | 24.9% | +76.9% |
| 2013 | 10.4% | -58.4% |
| 2014 | 6.1% | -41.5% |
| 2015 | 6.1% | +0.6% |
| 2016 | -0.4% | -106.0% |
| 2017 | 8.4% | -2398.1% |
| 2018 | 2.3% | -72.9% |
| 2019 | -4.8% | -310.7% |
| 2020 | -48.6% | +913.0% |
| 2021 | 48.6% | -200.1% |
| 2022 | 28.1% | -42.2% |
| 2023 | 14.7% | -47.7% |
| 2024 | -7.1% | -148.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.2% | -21.0% | 38.7% | 10 |
| 2010s | 10.0% | -4.8% | 32.6% | 10 |
| 2020s | 7.1% | -48.6% | 48.6% | 5 |
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)
- Exports of goods and services (current LCU), annual growth rate 0.359 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.4436 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 8,500 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 1.65 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4414 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 8,457 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 1.55 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.314 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Panama?
- Annual growth of the gross capital formation in Panama was -7.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Panama?
- The highest recorded value was 48.6% in 2021.
- What is the lowest annual growth of the gross capital formation recorded in Panama?
- The lowest recorded value was -48.6% in 2020.
- How does Panama rank for annual growth of the gross capital formation?
- Panama ranks 150th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Panama?
- Over the last ten years it is down 217.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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