GDP in Panama
Panama: GDP was 90.46 billion current US$ in 2025. ◆ Volatile
Latest (2025)
90.46 billion current US$
Change on year
up 4.6%
World rank
83rd
of 214 countries
All-time high
90.46 billion current US$
in 2025
All-time low
537.15 million current 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 current US$.
Analysis
Panama recorded 90.46 billion current US$ for gdp in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it 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 US$ in 2025 and was at its lowest, 537.15 million current US$, in 1960.
That places Panama 83rd out of 214 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 537.15 million current US$ | — |
| 1961 | 599.03 million current US$ | +11.5% |
| 1962 | 652.12 million current US$ | +8.9% |
| 1963 | 722.78 million current US$ | +10.8% |
| 1964 | 776.14 million current US$ | +7.4% |
| 1965 | 852.49 million current US$ | +9.8% |
| 1966 | 928.83 million current US$ | +9.0% |
| 1967 | 1.03 billion current US$ | +11.4% |
| 1968 | 1.11 billion current US$ | +7.6% |
| 1969 | 1.22 billion current US$ | +9.8% |
| 1970 | 1.35 billion current US$ | +10.6% |
| 1971 | 1.52 billion current US$ | +12.8% |
| 1972 | 1.67 billion current US$ | +9.8% |
| 1973 | 1.91 billion current US$ | +14.4% |
| 1974 | 2.19 billion current US$ | +14.3% |
| 1975 | 2.44 billion current US$ | +11.3% |
| 1976 | 2.59 billion current US$ | +6.3% |
| 1977 | 2.74 billion current US$ | +5.8% |
| 1978 | 3.24 billion current US$ | +18.5% |
| 1979 | 3.70 billion current US$ | +14.2% |
| 1980 | 4.61 billion current US$ | +24.6% |
| 1981 | 5.22 billion current US$ | +13.2% |
| 1982 | 5.77 billion current US$ | +10.5% |
| 1983 | 5.92 billion current US$ | +2.7% |
| 1984 | 6.18 billion current US$ | +4.4% |
| 1985 | 6.54 billion current US$ | +5.8% |
| 1986 | 6.80 billion current US$ | +3.9% |
| 1987 | 6.83 billion current US$ | +0.4% |
| 1988 | 5.90 billion current US$ | -13.5% |
| 1989 | 5.92 billion current US$ | +0.3% |
| 1990 | 6.43 billion current US$ | +8.7% |
| 1991 | 7.07 billion current US$ | +10.0% |
| 1992 | 8.04 billion current US$ | +13.7% |
| 1993 | 8.78 billion current US$ | +9.2% |
| 1994 | 9.37 billion current US$ | +6.6% |
| 1995 | 9.57 billion current US$ | +2.2% |
| 1996 | 9.20 billion current US$ | -3.9% |
| 1997 | 10.06 billion current US$ | +9.4% |
| 1998 | 11.02 billion current US$ | +9.6% |
| 1999 | 11.66 billion current US$ | +5.8% |
| 2000 | 11.97 billion current US$ | +2.6% |
| 2001 | 12.25 billion current US$ | +2.4% |
| 2002 | 12.80 billion current US$ | +4.5% |
| 2003 | 13.60 billion current US$ | +6.3% |
| 2004 | 15.10 billion current US$ | +11.0% |
| 2005 | 16.62 billion current US$ | +10.1% |
| 2006 | 18.66 billion current US$ | +12.2% |
| 2007 | 21.72 billion current US$ | +16.4% |
| 2008 | 25.72 billion current US$ | +18.4% |
| 2009 | 27.79 billion current US$ | +8.0% |
| 2010 | 30.23 billion current US$ | +8.8% |
| 2011 | 35.69 billion current US$ | +18.1% |
| 2012 | 41.60 billion current US$ | +16.6% |
| 2013 | 46.95 billion current US$ | +12.9% |
| 2014 | 51.43 billion current US$ | +9.5% |
| 2015 | 55.77 billion current US$ | +8.4% |
| 2016 | 59.76 billion current US$ | +7.2% |
| 2017 | 64.33 billion current US$ | +7.6% |
| 2018 | 67.32 billion current US$ | +4.6% |
| 2019 | 69.78 billion current US$ | +3.7% |
| 2020 | 57.06 billion current US$ | -18.2% |
| 2021 | 67.40 billion current US$ | +18.1% |
| 2022 | 76.48 billion current US$ | +13.5% |
| 2023 | 83.81 billion current US$ | +9.6% |
| 2024 | 86.52 billion current US$ | +3.2% |
| 2025 | 90.46 billion current US$ | +4.6% |
Panama compared with similar countries
- Panama's 90.46 billion current US$ is below the median for high income countries, which is 102.03 billion current US$, 89% of the median. (82 countries reporting)
- Panama's 90.46 billion current US$ is above the median for Latin America & Caribbean, which is 29.59 billion current US$, 3.1× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 843.70 million current US$ | 537.15 million current US$ | 1.22 billion current US$ | 10 |
| 1970s | 2.34 billion current US$ | 1.35 billion current US$ | 3.70 billion current US$ | 10 |
| 1980s | 5.97 billion current US$ | 4.61 billion current US$ | 6.83 billion current US$ | 10 |
| 1990s | 9.12 billion current US$ | 6.43 billion current US$ | 11.66 billion current US$ | 10 |
| 2000s | 17.62 billion current US$ | 11.97 billion current US$ | 27.79 billion current US$ | 10 |
| 2010s | 52.28 billion current US$ | 30.23 billion current US$ | 69.78 billion current US$ | 10 |
| 2020s | 76.96 billion current US$ | 57.06 billion current US$ | 90.46 billion current US$ | 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gdp in Panama?
- Gdp in Panama was 90.46 billion current US$ 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 90.46 billion current US$ in 2025.
- What is the lowest gdp recorded in Panama?
- The lowest recorded value was 537.15 million current US$ in 1960.
- How does Panama rank for gdp?
- Panama ranks 83rd 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.