GDP in Panama
Panama: GDP was 80.68 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
80.68 billion constant 2015 US$
Change on year
up 4.4%
World rank
73rd
of 212 countries
All-time high
80.68 billion constant 2015 US$
in 2025
All-time low
2.86 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
GDP in Panama, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gdp in Panama stood at 80.68 billion constant 2015 US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 44.7% over ten years.
Over the whole period, gdp in Panama peaked at 80.68 billion constant 2015 US$ in 2025 and was at its lowest, 2.86 billion constant 2015 US$, in 1960.
That places Panama 73rd out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Panama, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 2.86 billion constant 2015 US$ | — |
| 1961 | 3.18 billion constant 2015 US$ | +10.9% |
| 1962 | 3.44 billion constant 2015 US$ | +8.2% |
| 1963 | 3.73 billion constant 2015 US$ | +8.5% |
| 1964 | 3.90 billion constant 2015 US$ | +4.4% |
| 1965 | 4.25 billion constant 2015 US$ | +9.2% |
| 1966 | 4.58 billion constant 2015 US$ | +7.6% |
| 1967 | 4.97 billion constant 2015 US$ | +8.6% |
| 1968 | 5.32 billion constant 2015 US$ | +7.0% |
| 1969 | 5.76 billion constant 2015 US$ | +8.4% |
| 1970 | 6.17 billion constant 2015 US$ | +7.0% |
| 1971 | 6.76 billion constant 2015 US$ | +9.6% |
| 1972 | 7.07 billion constant 2015 US$ | +4.6% |
| 1973 | 7.45 billion constant 2015 US$ | +5.4% |
| 1974 | 7.63 billion constant 2015 US$ | +2.4% |
| 1975 | 7.76 billion constant 2015 US$ | +1.7% |
| 1976 | 7.89 billion constant 2015 US$ | +1.7% |
| 1977 | 7.98 billion constant 2015 US$ | +1.1% |
| 1978 | 8.76 billion constant 2015 US$ | +9.8% |
| 1979 | 9.15 billion constant 2015 US$ | +4.5% |
| 1980 | 10.35 billion constant 2015 US$ | +13.1% |
| 1981 | 11.31 billion constant 2015 US$ | +9.2% |
| 1982 | 11.91 billion constant 2015 US$ | +5.3% |
| 1983 | 11.38 billion constant 2015 US$ | -4.5% |
| 1984 | 11.68 billion constant 2015 US$ | +2.7% |
| 1985 | 12.26 billion constant 2015 US$ | +4.9% |
| 1986 | 12.70 billion constant 2015 US$ | +3.6% |
| 1987 | 12.47 billion constant 2015 US$ | -1.8% |
| 1988 | 10.80 billion constant 2015 US$ | -13.4% |
| 1989 | 10.97 billion constant 2015 US$ | +1.6% |
| 1990 | 11.86 billion constant 2015 US$ | +8.1% |
| 1991 | 12.97 billion constant 2015 US$ | +9.4% |
| 1992 | 14.04 billion constant 2015 US$ | +8.2% |
| 1993 | 14.80 billion constant 2015 US$ | +5.5% |
| 1994 | 15.23 billion constant 2015 US$ | +2.8% |
| 1995 | 15.49 billion constant 2015 US$ | +1.8% |
| 1996 | 16.12 billion constant 2015 US$ | +4.1% |
| 1997 | 17.37 billion constant 2015 US$ | +7.7% |
| 1998 | 18.82 billion constant 2015 US$ | +8.4% |
| 1999 | 19.81 billion constant 2015 US$ | +5.2% |
| 2000 | 20.64 billion constant 2015 US$ | +4.2% |
| 2001 | 20.84 billion constant 2015 US$ | +1.0% |
| 2002 | 21.36 billion constant 2015 US$ | +2.5% |
| 2003 | 22.45 billion constant 2015 US$ | +5.1% |
| 2004 | 24.28 billion constant 2015 US$ | +8.2% |
| 2005 | 26.29 billion constant 2015 US$ | +8.3% |
| 2006 | 28.88 billion constant 2015 US$ | +9.9% |
| 2007 | 32.68 billion constant 2015 US$ | +13.2% |
| 2008 | 36.02 billion constant 2015 US$ | +10.2% |
| 2009 | 36.60 billion constant 2015 US$ | +1.6% |
| 2010 | 38.82 billion constant 2015 US$ | +6.1% |
| 2011 | 43.44 billion constant 2015 US$ | +11.9% |
| 2012 | 47.62 billion constant 2015 US$ | +9.6% |
| 2013 | 50.64 billion constant 2015 US$ | +6.3% |
| 2014 | 52.98 billion constant 2015 US$ | +4.6% |
| 2015 | 55.77 billion constant 2015 US$ | +5.3% |
| 2016 | 58.32 billion constant 2015 US$ | +4.6% |
| 2017 | 61.67 billion constant 2015 US$ | +5.7% |
| 2018 | 64.08 billion constant 2015 US$ | +3.9% |
| 2019 | 66.07 billion constant 2015 US$ | +3.1% |
| 2020 | 54.30 billion constant 2015 US$ | -17.8% |
| 2021 | 63.24 billion constant 2015 US$ | +16.5% |
| 2022 | 70.22 billion constant 2015 US$ | +11.0% |
| 2023 | 75.25 billion constant 2015 US$ | +7.2% |
| 2024 | 77.32 billion constant 2015 US$ | +2.7% |
| 2025 | 80.68 billion constant 2015 US$ | +4.4% |
Panama compared with similar countries
- Panama's 80.68 billion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 1.1× the median. (80 countries reporting)
- Panama's 80.68 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 3.2× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.20 billion constant 2015 US$ | 2.86 billion constant 2015 US$ | 5.76 billion constant 2015 US$ | 10 |
| 1970s | 7.66 billion constant 2015 US$ | 6.17 billion constant 2015 US$ | 9.15 billion constant 2015 US$ | 10 |
| 1980s | 11.58 billion constant 2015 US$ | 10.35 billion constant 2015 US$ | 12.70 billion constant 2015 US$ | 10 |
| 1990s | 15.65 billion constant 2015 US$ | 11.86 billion constant 2015 US$ | 19.81 billion constant 2015 US$ | 10 |
| 2000s | 27.00 billion constant 2015 US$ | 20.64 billion constant 2015 US$ | 36.60 billion constant 2015 US$ | 10 |
| 2010s | 53.94 billion constant 2015 US$ | 38.82 billion constant 2015 US$ | 66.07 billion constant 2015 US$ | 10 |
| 2020s | 70.17 billion constant 2015 US$ | 54.30 billion constant 2015 US$ | 80.68 billion constant 2015 US$ | 6 |
Countries ranked near Panama
- 70 Cote d'Ivoire 81.48 billion constant 2015 US$ compare
- 71 Cuba 81.05 billion constant 2015 US$ compare
- 72 Costa Rica 80.74 billion constant 2015 US$ compare
- 74 Ukraine 80.23 billion constant 2015 US$ compare
- 75 Ghana 79.27 billion constant 2015 US$ compare
- 76 Tanzania 78.82 billion constant 2015 US$ compare
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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gdp in Panama?
- Gdp in Panama was 80.68 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Panama?
- The highest recorded value was 80.68 billion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in Panama?
- The lowest recorded value was 2.86 billion constant 2015 US$ in 1960.
- How does Panama rank for gdp?
- Panama ranks 73rd out of 212 countries with data for 2025.
- Is gdp rising or falling in Panama?
- Over the last ten years it is up 44.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.