Direct economic loss attributed to disasters in Panama
Panama: Direct economic loss attributed to disasters was 16.39 million in 2023. ◆ Volatile
Direct economic loss attributed to disasters in Panama, 2005–2023
Source: Our World in Data.
Analysis
In 2023, direct economic loss attributed to disasters in Panama stood at 16.39 million.
That represents a change of up 108.0% on the previous year and up 234.1% over ten years.
Over the whole period, direct economic loss attributed to disasters in Panama peaked at 191.36 million in 2008 and was at its lowest, 356,850, 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 | 17.71 million | 191.36 million | 5 |
| 2010s | 33.66 million | 356,850 | 140.23 million | 10 |
| 2020s | 12.14 million | 7.88 million | 16.39 million | 2 |
Countries ranked near Panama
More economy & growth data for Panama
- External balance on goods and services as a percent of gdp 5.04 (2024)
- Inflation of consumer prices -0.1896 (2025)
- Gdp per capita worldbank constant usd 17,650 (2025)
- Manufacturing value added to gdp 4.8 (2025)
- Gdp worldbank constant usd 80.68 billion (2025)
- Gdp per capita in international and market dollars 17,650 (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 economic loss attributed to disasters in Panama?
- Direct economic loss attributed to disasters in Panama was 16.39 million in 2023, according to Our World in Data.
- What is the highest direct economic loss attributed to disasters recorded in Panama?
- The highest recorded value was 191.36 million in 2008.
- What is the lowest direct economic loss attributed to disasters recorded in Panama?
- The lowest recorded value was 356,850 in 2017.
- How does Panama rank for direct economic loss attributed to disasters?
- Panama ranks 56th out of 126 countries with data for 2023.
- Is direct economic loss attributed to disasters 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 Our World in Data, published as part of Direct economic loss attributed to disasters. Statizoid updates them automatically from the source API.
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