Current account balance as a proportion of gdp in Panama
Panama: Current account balance as a proportion of gdp was -4.49 in 2023. ◆ Volatile
Current account balance as a proportion of gdp in Panama, 2000–2023
Source: Our World in Data.
Analysis
Panama recorded -4.49 for current account balance as a proportion of gdp in 2023.
That represents a change of down 624.2% on the previous year and up 48.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Panama peaked at 0.68 in 2020 and was at its lowest, -12.98, in 2014.
That places Panama 137th out of 191 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of gdp in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -5.84 | — |
| 2001 | -1.56 | -73.3% |
| 2002 | -0.88 | -43.6% |
| 2003 | -4.23 | +380.7% |
| 2004 | -6.92 | +63.6% |
| 2005 | -6.4 | -7.5% |
| 2006 | -2.48 | -61.3% |
| 2007 | -5.43 | +119.0% |
| 2008 | -8.89 | +63.7% |
| 2009 | -0.76 | -91.5% |
| 2010 | -10.33 | +1259.2% |
| 2011 | -12.66 | +22.6% |
| 2012 | -8.98 | -29.1% |
| 2013 | -8.7 | -3.1% |
| 2014 | -12.98 | +49.2% |
| 2015 | -8.69 | -33.1% |
| 2016 | -7.54 | -13.2% |
| 2017 | -5.82 | -22.8% |
| 2018 | -7.88 | +35.4% |
| 2019 | -5.05 | -35.9% |
| 2020 | 0.68 | -113.5% |
| 2021 | -1.16 | -270.6% |
| 2022 | -0.62 | -46.6% |
| 2023 | -4.49 | +624.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.34 | -8.89 | -0.76 | 10 |
| 2010s | -8.86 | -12.98 | -5.05 | 10 |
| 2020s | -1.4 | -4.49 | 0.68 | 4 |
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)
- GDP (current US$), annual growth rate 4.55 % change on previous year (2025)
- GDP (current US$), per capita 19,790 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.55 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 19,790 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8919 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,650 constant 2015 US$ per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Panama?
- Current account balance as a proportion of gdp in Panama was -4.49 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Panama?
- The highest recorded value was 0.68 in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in Panama?
- The lowest recorded value was -12.98 in 2014.
- How does Panama rank for current account balance as a proportion of gdp?
- Panama ranks 137th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Panama?
- Over the last ten years it is up 48.4%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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