GDP (current US$), annual growth rate in Panama
Panama: GDP (current US$), annual growth rate was 4.55 % change on previous year in 2025. ◆ Volatile
Latest (2025)
4.55 % change on previous year
Change on year
up 40.7%
World rank
161st
of 212 countries
All-time high
24.55 % change on previous year
in 1980
All-time low
-18.23 % change on previous year
in 2020
Years of data
65
1961–2025
GDP (current US$), annual growth rate in Panama, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gdp (current us$), annual growth rate in Panama stood at 4.55 % change on previous year.
Compared with earlier readings it is up 40.7% on the previous year and down 46.1% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Panama peaked at 24.55 % change on previous year in 1980 and was at its lowest, -18.23 % change on previous year, in 2020.
Panama ranks 161st of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 11.52 % change on previous year | — |
| 1962 | 8.86 % change on previous year | -23.1% |
| 1963 | 10.84 % change on previous year | +22.3% |
| 1964 | 7.38 % change on previous year | -31.9% |
| 1965 | 9.84 % change on previous year | +33.3% |
| 1966 | 8.96 % change on previous year | -9.0% |
| 1967 | 11.36 % change on previous year | +26.9% |
| 1968 | 7.58 % change on previous year | -33.3% |
| 1969 | 9.75 % change on previous year | +28.6% |
| 1970 | 10.62 % change on previous year | +8.9% |
| 1971 | 12.8 % change on previous year | +20.5% |
| 1972 | 9.81 % change on previous year | -23.4% |
| 1973 | 14.36 % change on previous year | +46.4% |
| 1974 | 14.34 % change on previous year | -0.1% |
| 1975 | 11.29 % change on previous year | -21.3% |
| 1976 | 6.27 % change on previous year | -44.4% |
| 1977 | 5.8 % change on previous year | -7.5% |
| 1978 | 18.49 % change on previous year | +218.7% |
| 1979 | 14.18 % change on previous year | -23.3% |
| 1980 | 24.55 % change on previous year | +73.2% |
| 1981 | 13.18 % change on previous year | -46.3% |
| 1982 | 10.48 % change on previous year | -20.5% |
| 1983 | 2.67 % change on previous year | -74.5% |
| 1984 | 4.38 % change on previous year | +64.2% |
| 1985 | 5.79 % change on previous year | +32.1% |
| 1986 | 3.92 % change on previous year | -32.3% |
| 1987 | 0.439 % change on previous year | -88.8% |
| 1988 | -13.55 % change on previous year | -3185.9% |
| 1989 | 0.2658 % change on previous year | -102.0% |
| 1990 | 8.71 % change on previous year | +3176.8% |
| 1991 | 9.96 % change on previous year | +14.3% |
| 1992 | 13.68 % change on previous year | +37.4% |
| 1993 | 9.2 % change on previous year | -32.7% |
| 1994 | 6.63 % change on previous year | -27.9% |
| 1995 | 2.23 % change on previous year | -66.4% |
| 1996 | -3.93 % change on previous year | -276.5% |
| 1997 | 9.37 % change on previous year | -338.3% |
| 1998 | 9.55 % change on previous year | +2.0% |
| 1999 | 5.82 % change on previous year | -39.1% |
| 2000 | 2.62 % change on previous year | -54.9% |
| 2001 | 2.39 % change on previous year | -8.7% |
| 2002 | 4.47 % change on previous year | +86.9% |
| 2003 | 6.27 % change on previous year | +40.2% |
| 2004 | 11 % change on previous year | +75.5% |
| 2005 | 10.09 % change on previous year | -8.3% |
| 2006 | 12.25 % change on previous year | +21.4% |
| 2007 | 16.39 % change on previous year | +33.8% |
| 2008 | 18.44 % change on previous year | +12.5% |
| 2009 | 8.05 % change on previous year | -56.4% |
| 2010 | 8.78 % change on previous year | +9.1% |
| 2011 | 18.05 % change on previous year | +105.6% |
| 2012 | 16.55 % change on previous year | -8.3% |
| 2013 | 12.87 % change on previous year | -22.2% |
| 2014 | 9.54 % change on previous year | -25.9% |
| 2015 | 8.44 % change on previous year | -11.5% |
| 2016 | 7.16 % change on previous year | -15.2% |
| 2017 | 7.64 % change on previous year | +6.7% |
| 2018 | 4.65 % change on previous year | -39.2% |
| 2019 | 3.66 % change on previous year | -21.3% |
| 2020 | -18.23 % change on previous year | -598.3% |
| 2021 | 18.12 % change on previous year | -199.4% |
| 2022 | 13.48 % change on previous year | -25.6% |
| 2023 | 9.59 % change on previous year | -28.9% |
| 2024 | 3.24 % change on previous year | -66.3% |
| 2025 | 4.55 % change on previous year | +40.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.57 % change on previous year | 7.38 % change on previous year | 11.52 % change on previous year | 9 |
| 1970s | 11.8 % change on previous year | 5.8 % change on previous year | 18.49 % change on previous year | 10 |
| 1980s | 5.21 % change on previous year | -13.55 % change on previous year | 24.55 % change on previous year | 10 |
| 1990s | 7.12 % change on previous year | -3.93 % change on previous year | 13.68 % change on previous year | 10 |
| 2000s | 9.2 % change on previous year | 2.39 % change on previous year | 18.44 % change on previous year | 10 |
| 2010s | 9.73 % change on previous year | 3.66 % change on previous year | 18.05 % change on previous year | 10 |
| 2020s | 5.12 % change on previous year | -18.23 % change on previous year | 18.12 % change on previous year | 6 |
Countries ranked near Panama
- 158 Tonga 4.9 % change on previous year compare
- 159 Nauru 4.89 % change on previous year compare
- 160 Hong Kong 4.64 % change on previous year compare
- 162 Brazil 4.31 % change on previous year compare
- 163 Micronesia (country) 4.3 % change on previous year compare
- 164 Vanuatu 4.29 % change on previous year 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)
- GDP (current US$), per capita 19,790 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.55 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 19,790 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8919 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,650 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.35 % change on previous year (2025)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Panama?
- Gdp (current us$), annual growth rate in Panama was 4.55 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Panama?
- The highest recorded value was 24.55 % change on previous year in 1980.
- What is the lowest gdp (current us$), annual growth rate recorded in Panama?
- The lowest recorded value was -18.23 % change on previous year in 2020.
- How does Panama rank for gdp (current us$), annual growth rate?
- Panama ranks 161st out of 212 countries with data for 2025.
- Is gdp (current us$), annual growth rate rising or falling in Panama?
- Over the last ten years it is down 46.1%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.