GDP in Panama
Panama: GDP was 90.46 billion current LCU in 2025. ◆ Volatile
Latest (2025)
90.46 billion current LCU
Change on year
up 4.6%
World rank
152nd
of 214 countries
All-time high
90.46 billion current LCU
in 2025
All-time low
537.15 million current LCU
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 current LCU.
Analysis
In 2025, gdp in Panama stood at 90.46 billion current LCU. That is the highest value across all 66 years on record.
The figure is up 4.6% on the previous year and up 62.2% over ten years.
Over the whole period, gdp in Panama peaked at 90.46 billion current LCU in 2025 and was at its lowest, 537.15 million current LCU, in 1960.
Panama ranks 152nd of 214 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.
GDP in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 537.15 million current LCU | — |
| 1961 | 599.03 million current LCU | +11.5% |
| 1962 | 652.12 million current LCU | +8.9% |
| 1963 | 722.78 million current LCU | +10.8% |
| 1964 | 776.14 million current LCU | +7.4% |
| 1965 | 852.49 million current LCU | +9.8% |
| 1966 | 928.83 million current LCU | +9.0% |
| 1967 | 1.03 billion current LCU | +11.4% |
| 1968 | 1.11 billion current LCU | +7.6% |
| 1969 | 1.22 billion current LCU | +9.8% |
| 1970 | 1.35 billion current LCU | +10.6% |
| 1971 | 1.52 billion current LCU | +12.8% |
| 1972 | 1.67 billion current LCU | +9.8% |
| 1973 | 1.91 billion current LCU | +14.4% |
| 1974 | 2.19 billion current LCU | +14.3% |
| 1975 | 2.44 billion current LCU | +11.3% |
| 1976 | 2.59 billion current LCU | +6.3% |
| 1977 | 2.74 billion current LCU | +5.8% |
| 1978 | 3.24 billion current LCU | +18.5% |
| 1979 | 3.70 billion current LCU | +14.2% |
| 1980 | 4.61 billion current LCU | +24.6% |
| 1981 | 5.22 billion current LCU | +13.2% |
| 1982 | 5.77 billion current LCU | +10.5% |
| 1983 | 5.92 billion current LCU | +2.7% |
| 1984 | 6.18 billion current LCU | +4.4% |
| 1985 | 6.54 billion current LCU | +5.8% |
| 1986 | 6.80 billion current LCU | +3.9% |
| 1987 | 6.83 billion current LCU | +0.4% |
| 1988 | 5.90 billion current LCU | -13.5% |
| 1989 | 5.92 billion current LCU | +0.3% |
| 1990 | 6.43 billion current LCU | +8.7% |
| 1991 | 7.07 billion current LCU | +10.0% |
| 1992 | 8.04 billion current LCU | +13.7% |
| 1993 | 8.78 billion current LCU | +9.2% |
| 1994 | 9.37 billion current LCU | +6.6% |
| 1995 | 9.57 billion current LCU | +2.2% |
| 1996 | 9.20 billion current LCU | -3.9% |
| 1997 | 10.06 billion current LCU | +9.4% |
| 1998 | 11.02 billion current LCU | +9.6% |
| 1999 | 11.66 billion current LCU | +5.8% |
| 2000 | 11.97 billion current LCU | +2.6% |
| 2001 | 12.25 billion current LCU | +2.4% |
| 2002 | 12.80 billion current LCU | +4.5% |
| 2003 | 13.60 billion current LCU | +6.3% |
| 2004 | 15.10 billion current LCU | +11.0% |
| 2005 | 16.62 billion current LCU | +10.1% |
| 2006 | 18.66 billion current LCU | +12.2% |
| 2007 | 21.72 billion current LCU | +16.4% |
| 2008 | 25.72 billion current LCU | +18.4% |
| 2009 | 27.79 billion current LCU | +8.0% |
| 2010 | 30.23 billion current LCU | +8.8% |
| 2011 | 35.69 billion current LCU | +18.1% |
| 2012 | 41.60 billion current LCU | +16.6% |
| 2013 | 46.95 billion current LCU | +12.9% |
| 2014 | 51.43 billion current LCU | +9.5% |
| 2015 | 55.77 billion current LCU | +8.4% |
| 2016 | 59.76 billion current LCU | +7.2% |
| 2017 | 64.33 billion current LCU | +7.6% |
| 2018 | 67.32 billion current LCU | +4.6% |
| 2019 | 69.78 billion current LCU | +3.7% |
| 2020 | 57.06 billion current LCU | -18.2% |
| 2021 | 67.40 billion current LCU | +18.1% |
| 2022 | 76.48 billion current LCU | +13.5% |
| 2023 | 83.81 billion current LCU | +9.6% |
| 2024 | 86.52 billion current LCU | +3.2% |
| 2025 | 90.46 billion current LCU | +4.6% |
Panama compared with similar countries
- Panama's 90.46 billion current LCU is below the median for high income countries, which is 211.72 billion current LCU, 43% of the median. (82 countries reporting)
- Panama's 90.46 billion current LCU is below the median for Latin America & Caribbean, which is 171.82 billion current LCU, 53% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 843.70 million current LCU | 537.15 million current LCU | 1.22 billion current LCU | 10 |
| 1970s | 2.34 billion current LCU | 1.35 billion current LCU | 3.70 billion current LCU | 10 |
| 1980s | 5.97 billion current LCU | 4.61 billion current LCU | 6.83 billion current LCU | 10 |
| 1990s | 9.12 billion current LCU | 6.43 billion current LCU | 11.66 billion current LCU | 10 |
| 2000s | 17.62 billion current LCU | 11.97 billion current LCU | 27.79 billion current LCU | 10 |
| 2010s | 52.28 billion current LCU | 30.23 billion current LCU | 69.78 billion current LCU | 10 |
| 2020s | 76.96 billion current LCU | 57.06 billion current LCU | 90.46 billion current LCU | 6 |
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 gdp in Panama?
- Gdp in Panama was 90.46 billion current LCU 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 90.46 billion current LCU in 2025.
- What is the lowest gdp recorded in Panama?
- The lowest recorded value was 537.15 million current LCU in 1960.
- How does Panama rank for gdp?
- Panama ranks 152nd out of 214 countries with data for 2025.
- Is gdp rising or falling in Panama?
- Over the last ten years it is up 62.2%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.