Direct disaster economic loss in Panama
Panama: Direct disaster economic loss was 16.39 million current united states dollars in 2023. ◆ Volatile
Direct disaster economic loss in Panama, 2005–2023
Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.
Analysis
In 2023, direct disaster economic loss in Panama stood at 16.39 million current united states dollars.
Compared with earlier readings it is up 108.0% on the previous year and up 234.1% over ten years.
Over the whole period, direct disaster economic loss in Panama peaked at 191.36 million current united states dollars in 2008 and was at its lowest, 356,850 current united states dollars, in 2017.
Panama ranks 56th of 126 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.31 million current united states dollars | 17.71 million current united states dollars | 191.36 million current united states dollars | 5 |
| 2010s | 33.66 million current united states dollars | 356,850 current united states dollars | 140.23 million current united states dollars | 10 |
| 2020s | 12.14 million current united states dollars | 7.88 million current united states dollars | 16.39 million current united states dollars | 2 |
Countries ranked near Panama
- 53 Pakistan 18.25 million current united states dollars compare
- 54 Cote d'Ivoire 18.07 million current united states dollars compare
- 55 Bolivia 17.49 million current united states dollars compare
- 57 Cuba 16.17 million current united states dollars compare
- 58 Jordan 14.55 million current united states dollars compare
- 59 Algeria 12.85 million current united states dollars compare
More economy & growth data for Panama
- External balance on goods and services as a percent of GDP 5.0% (2024)
- Inflation of consumer prices -0.2% (2025)
- GDP per capita 17,650 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.8% (2025)
- Gross domestic product (GDP) 80.68 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,650 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
Frequently asked questions
- What is direct disaster economic loss in Panama?
- Direct disaster economic loss in Panama was 16.39 million current united states dollars in 2023, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
- What is the highest direct disaster economic loss recorded in Panama?
- The highest recorded value was 191.36 million current united states dollars in 2008.
- What is the lowest direct disaster economic loss recorded in Panama?
- The lowest recorded value was 356,850 current united states dollars in 2017.
- How does Panama rank for direct disaster economic loss?
- Panama ranks 56th out of 126 countries with data for 2023.
- Is direct disaster economic loss rising or falling in Panama?
- Over the last ten years it is up 234.1%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from UN Office for Disaster Risk Reduction – processed by Our World in Data, published as part of Direct disaster economic loss. Statizoid updates them automatically from the source API.
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About this data
Direct economic loss attributed to disasters (current United States dollars)