Annual growth rate of real GDP per employed person in Panama
Panama: Annual growth rate of real GDP per employed person was 2.1% in 2025. ◆ Volatile
Annual growth rate of real GDP per employed person in Panama, 2000–2025
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2025, annual growth rate of real gdp per employed person in Panama stood at 2.1%.
The figure is up 76.2% on the previous year and down 30.6% over ten years.
Over the whole period, annual growth rate of real gdp per employed person in Panama peaked at 15.1% in 2021 and was at its lowest, -8.6%, in 2020.
That places Panama 74th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per employed person in Panama, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.1% | — |
| 2001 | -1.9% | -275.5% |
| 2002 | -0.5% | -75.6% |
| 2003 | 2.3% | -597.9% |
| 2004 | 4.4% | +89.3% |
| 2005 | 5.4% | +21.0% |
| 2006 | 8.5% | +59.3% |
| 2007 | 9.8% | +15.1% |
| 2008 | 5.2% | -47.5% |
| 2009 | 3.0% | -42.2% |
| 2010 | 1.6% | -46.0% |
| 2011 | 10.7% | +562.1% |
| 2012 | 3.7% | -64.9% |
| 2013 | 2.9% | -23.5% |
| 2014 | 3.3% | +15.4% |
| 2015 | 3.1% | -6.1% |
| 2016 | 2.0% | -36.1% |
| 2017 | 4.7% | +138.9% |
| 2018 | -1.0% | -120.3% |
| 2019 | 0.8% | -182.3% |
| 2020 | -8.6% | -1184.8% |
| 2021 | 15.1% | -275.6% |
| 2022 | 1.0% | -93.6% |
| 2023 | 5.3% | +456.2% |
| 2024 | 1.2% | -77.2% |
| 2025 | 2.1% | +76.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | -1.9% | 9.8% | 10 |
| 2010s | 3.2% | -1.0% | 10.7% | 10 |
| 2020s | 2.7% | -8.6% | 15.1% | 6 |
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)
- Total reserves minus gold (current US$), annual growth rate -8.97 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.069 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,365 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.41 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.124 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 2,377 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.41 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.124 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth rate of real gdp per employed person in Panama?
- Annual growth rate of real gdp per employed person in Panama was 2.1% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per employed person recorded in Panama?
- The highest recorded value was 15.1% in 2021.
- What is the lowest annual growth rate of real gdp per employed person recorded in Panama?
- The lowest recorded value was -8.6% in 2020.
- How does Panama rank for annual growth rate of real gdp per employed person?
- Panama ranks 74th out of 200 countries with data for 2025.
- Is annual growth rate of real gdp per employed person rising or falling in Panama?
- Over the last ten years it is down 30.6%. 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 rate of real GDP per employed person (%). Statizoid updates them automatically from the source API.
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