Divergence of GDP per capita among latecomers to the capitalist revolution in Panama
Panama: Divergence of GDP per capita among latecomers to the capitalist revolution was 22,637 2011$ in 2018. ◆ Volatile
Latest (2018)
22,637 2011$
Change on year
up 1.9%
World rank
48th
of 145 countries
All-time high
22,637 2011$
in 2018
All-time low
2,276 2011$
in 1906
Years of data
113
1906–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Panama, 1906–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
The most recent figure for divergence of gdp per capita among latecomers to the capitalist revolution in Panama is 22,637 2011$, measured in 2018. That is the highest value across all 113 years on record.
Compared with earlier readings it is up 1.9% on the previous year and up 56.5% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Panama peaked at 22,637 2011$ in 2018 and was at its lowest, 2,276 2011$, in 1906.
That places Panama 48th out of 145 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Panama, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1906 | 2,276 2011$ | — |
| 1907 | 2,377 2011$ | +4.4% |
| 1908 | 2,504 2011$ | +5.3% |
| 1909 | 2,648 2011$ | +5.8% |
| 1910 | 2,837 2011$ | +7.1% |
| 1911 | 2,915 2011$ | +2.7% |
| 1912 | 2,930 2011$ | +0.5% |
| 1913 | 2,927 2011$ | -0.1% |
| 1914 | 3,084 2011$ | +5.4% |
| 1915 | 3,064 2011$ | -0.6% |
| 1916 | 2,888 2011$ | -5.7% |
| 1917 | 2,732 2011$ | -5.4% |
| 1918 | 2,630 2011$ | -3.7% |
| 1919 | 2,534 2011$ | -3.7% |
| 1920 | 2,445 2011$ | -3.5% |
| 1921 | 2,370 2011$ | -3.1% |
| 1922 | 2,401 2011$ | +1.3% |
| 1923 | 2,421 2011$ | +0.8% |
| 1924 | 2,491 2011$ | +2.9% |
| 1925 | 2,514 2011$ | +0.9% |
| 1926 | 2,515 2011$ | +0.0% |
| 1927 | 2,528 2011$ | +0.5% |
| 1928 | 2,558 2011$ | +1.2% |
| 1929 | 2,605 2011$ | +1.8% |
| 1930 | 2,467 2011$ | -5.3% |
| 1931 | 2,383 2011$ | -3.4% |
| 1932 | 2,362 2011$ | -0.9% |
| 1933 | 2,365 2011$ | +0.1% |
| 1934 | 2,391 2011$ | +1.1% |
| 1935 | 2,571 2011$ | +7.5% |
| 1936 | 2,507 2011$ | -2.5% |
| 1937 | 2,707 2011$ | +8.0% |
| 1938 | 2,625 2011$ | -3.0% |
| 1939 | 2,683 2011$ | +2.2% |
| 1940 | 2,651 2011$ | -1.2% |
| 1941 | 2,911 2011$ | +9.8% |
| 1942 | 2,896 2011$ | -0.5% |
| 1943 | 2,995 2011$ | +3.4% |
| 1944 | 3,156 2011$ | +5.4% |
| 1945 | 3,371 2011$ | +6.8% |
| 1946 | 2,899 2011$ | -14.0% |
| 1947 | 2,960 2011$ | +2.1% |
| 1948 | 2,724 2011$ | -8.0% |
| 1949 | 2,732 2011$ | +0.3% |
| 1950 | 2,577 2011$ | -5.7% |
| 1951 | 2,491 2011$ | -3.3% |
| 1952 | 2,557 2011$ | +2.6% |
| 1953 | 2,649 2011$ | +3.6% |
| 1954 | 2,681 2011$ | +1.2% |
| 1955 | 2,766 2011$ | +3.2% |
| 1956 | 2,836 2011$ | +2.5% |
| 1957 | 3,054 2011$ | +7.7% |
| 1958 | 3,014 2011$ | -1.3% |
| 1959 | 3,124 2011$ | +3.6% |
| 1960 | 3,217 2011$ | +3.0% |
| 1961 | 3,462 2011$ | +7.6% |
| 1962 | 3,647 2011$ | +5.3% |
| 1963 | 3,877 2011$ | +6.3% |
| 1964 | 3,929 2011$ | +1.3% |
| 1965 | 4,151 2011$ | +5.7% |
| 1966 | 4,331 2011$ | +4.3% |
| 1967 | 4,559 2011$ | +5.3% |
| 1968 | 4,752 2011$ | +4.2% |
| 1969 | 4,976 2011$ | +4.7% |
| 1970 | 5,131 2011$ | +3.1% |
| 1971 | 5,471 2011$ | +6.6% |
| 1972 | 5,571 2011$ | +1.8% |
| 1973 | 5,719 2011$ | +2.7% |
| 1974 | 5,695 2011$ | -0.4% |
| 1975 | 5,649 2011$ | -0.8% |
| 1976 | 5,604 2011$ | -0.8% |
| 1977 | 5,512 2011$ | -1.6% |
| 1978 | 5,946 2011$ | +7.9% |
| 1979 | 6,075 2011$ | +2.2% |
| 1980 | 6,849 2011$ | +12.7% |
| 1981 | 7,313 2011$ | +6.8% |
| 1982 | 7,444 2011$ | +1.8% |
| 1983 | 7,186 2011$ | -3.5% |
| 1984 | 7,192 2011$ | +0.1% |
| 1985 | 7,404 2011$ | +2.9% |
| 1986 | 7,578 2011$ | +2.4% |
| 1987 | 7,653 2011$ | +1.0% |
| 1988 | 6,743 2011$ | -11.9% |
| 1989 | 6,715 2011$ | -0.4% |
| 1990 | 7,119 2011$ | +6.0% |
| 1991 | 7,659 2011$ | +7.6% |
| 1992 | 8,149 2011$ | +6.4% |
| 1993 | 8,451 2011$ | +3.7% |
| 1994 | 8,550 2011$ | +1.2% |
| 1995 | 8,556 2011$ | +0.1% |
| 1996 | 8,652 2011$ | +1.1% |
| 1997 | 9,055 2011$ | +4.7% |
| 1998 | 9,560 2011$ | +5.6% |
| 1999 | 9,785 2011$ | +2.3% |
| 2000 | 9,899 2011$ | +1.2% |
| 2001 | 9,805 2011$ | -1.0% |
| 2002 | 9,879 2011$ | +0.8% |
| 2003 | 10,154 2011$ | +2.8% |
| 2004 | 10,770 2011$ | +6.1% |
| 2005 | 11,389 2011$ | +5.8% |
| 2006 | 12,196 2011$ | +7.1% |
| 2007 | 13,492 2011$ | +10.6% |
| 2008 | 14,467 2011$ | +7.2% |
| 2009 | 14,516 2011$ | +0.3% |
| 2010 | 15,169 2011$ | +4.5% |
| 2011 | 16,762 2011$ | +10.5% |
| 2012 | 18,051 2011$ | +7.7% |
| 2013 | 18,979 2011$ | +5.1% |
| 2014 | 19,855 2011$ | +4.6% |
| 2015 | 20,723 2011$ | +4.4% |
| 2016 | 21,449 2011$ | +3.5% |
| 2017 | 22,207 2011$ | +3.5% |
| 2018 | 22,637 2011$ | +1.9% |
Panama compared with similar countries
- Panama's 22,637 2011$ is below the median for high income countries, which is 35,336 2011$, 64% of the median. (51 countries reporting)
- Panama's 22,637 2011$ is above the median for Latin America & Caribbean, which is 12,153 2011$, 1.9× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1900s | 2,451 2011$ | 2,276 2011$ | 2,648 2011$ | 4 |
| 1910s | 2,854 2011$ | 2,534 2011$ | 3,084 2011$ | 10 |
| 1920s | 2,485 2011$ | 2,370 2011$ | 2,605 2011$ | 10 |
| 1930s | 2,506 2011$ | 2,362 2011$ | 2,707 2011$ | 10 |
| 1940s | 2,930 2011$ | 2,651 2011$ | 3,371 2011$ | 10 |
| 1950s | 2,775 2011$ | 2,491 2011$ | 3,124 2011$ | 10 |
| 1960s | 4,090 2011$ | 3,217 2011$ | 4,976 2011$ | 10 |
| 1970s | 5,637 2011$ | 5,131 2011$ | 6,075 2011$ | 10 |
| 1980s | 7,208 2011$ | 6,715 2011$ | 7,653 2011$ | 10 |
| 1990s | 8,554 2011$ | 7,119 2011$ | 9,785 2011$ | 10 |
| 2000s | 11,657 2011$ | 9,805 2011$ | 14,516 2011$ | 10 |
| 2010s | 19,537 2011$ | 15,169 2011$ | 22,637 2011$ | 9 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Panama?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Panama was 22,637 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Panama?
- The highest recorded value was 22,637 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Panama?
- The lowest recorded value was 2,276 2011$ in 1906.
- How does Panama rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Panama ranks 48th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Panama?
- Over the last ten years it is up 56.5%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 113 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]