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: World Bank – processed by Our World in Data. Measured in %.
Analysis
Panama recorded -7.1% for annual growth of the gross capital formation in 2024.
Compared with earlier readings it is down 148.6% on the previous year and down 217.5% 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 143rd out of 167 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% | +348.6% |
| 2002 | 0.7% | -103.8% |
| 2003 | 20.8% | +3010.4% |
| 2004 | 17.0% | -18.6% |
| 2005 | 4.9% | -71.4% |
| 2006 | 14.1% | +190.5% |
| 2007 | 38.7% | +174.3% |
| 2008 | 28.1% | -27.5% |
| 2009 | -21.0% | -174.7% |
| 2010 | 32.5% | -255.2% |
| 2011 | 14.1% | -56.7% |
| 2012 | 24.9% | +76.8% |
| 2013 | 10.4% | -58.4% |
| 2014 | 6.1% | -41.5% |
| 2015 | 6.1% | +0.5% |
| 2016 | -0.4% | -106.1% |
| 2017 | 8.4% | -2370.3% |
| 2018 | 2.3% | -72.9% |
| 2019 | -4.8% | -310.5% |
| 2020 | -48.6% | +912.1% |
| 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% | 32.5% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.048 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 949.21 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.048 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 949.21 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0403 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 796.82 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 842.84 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.09 % change on previous year (2025)
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 World Bank – processed by Our World in Data.
- 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 143rd out of 167 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 217.5%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).