GDP per capita (constant 2015 US$) in Panama
Panama: GDP per capita (constant 2015 US$) was 17,650 constant 2015 US$ in 2025. ◆ Volatile
GDP per capita in Panama, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Panama recorded 17,650 constant 2015 US$ for gdp per capita in 2025. That is the highest value across all 66 years on record.
The figure is up 3.1% on the previous year and up 25.3% over ten years.
Over the whole period, gdp per capita in Panama peaked at 17,650 constant 2015 US$ in 2025 and was at its lowest, 2,543 constant 2015 US$, in 1960.
That places Panama 68th out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita (constant 2015 US$) in Panama, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 2,543 constant 2015 US$ | — |
| 1961 | 2,739 constant 2015 US$ | +7.7% |
| 1962 | 2,877 constant 2015 US$ | +5.0% |
| 1963 | 3,029 constant 2015 US$ | +5.3% |
| 1964 | 3,069 constant 2015 US$ | +1.3% |
| 1965 | 3,251 constant 2015 US$ | +5.9% |
| 1966 | 3,395 constant 2015 US$ | +4.4% |
| 1967 | 3,578 constant 2015 US$ | +5.4% |
| 1968 | 3,719 constant 2015 US$ | +3.9% |
| 1969 | 3,919 constant 2015 US$ | +5.4% |
| 1970 | 4,075 constant 2015 US$ | +4.0% |
| 1971 | 4,343 constant 2015 US$ | +6.6% |
| 1972 | 4,418 constant 2015 US$ | +1.7% |
| 1973 | 4,531 constant 2015 US$ | +2.5% |
| 1974 | 4,520 constant 2015 US$ | -0.2% |
| 1975 | 4,481 constant 2015 US$ | -0.9% |
| 1976 | 4,441 constant 2015 US$ | -0.9% |
| 1977 | 4,380 constant 2015 US$ | -1.4% |
| 1978 | 4,693 constant 2015 US$ | +7.2% |
| 1979 | 4,789 constant 2015 US$ | +2.0% |
| 1980 | 5,288 constant 2015 US$ | +10.4% |
| 1981 | 5,640 constant 2015 US$ | +6.7% |
| 1982 | 5,803 constant 2015 US$ | +2.9% |
| 1983 | 5,414 constant 2015 US$ | -6.7% |
| 1984 | 5,432 constant 2015 US$ | +0.3% |
| 1985 | 5,571 constant 2015 US$ | +2.6% |
| 1986 | 5,640 constant 2015 US$ | +1.2% |
| 1987 | 5,416 constant 2015 US$ | -4.0% |
| 1988 | 4,590 constant 2015 US$ | -15.3% |
| 1989 | 4,563 constant 2015 US$ | -0.6% |
| 1990 | 4,829 constant 2015 US$ | +5.8% |
| 1991 | 5,173 constant 2015 US$ | +7.1% |
| 1992 | 5,481 constant 2015 US$ | +6.0% |
| 1993 | 5,661 constant 2015 US$ | +3.3% |
| 1994 | 5,704 constant 2015 US$ | +0.8% |
| 1995 | 5,686 constant 2015 US$ | -0.3% |
| 1996 | 5,800 constant 2015 US$ | +2.0% |
| 1997 | 6,123 constant 2015 US$ | +5.6% |
| 1998 | 6,505 constant 2015 US$ | +6.2% |
| 1999 | 6,710 constant 2015 US$ | +3.1% |
| 2000 | 6,856 constant 2015 US$ | +2.2% |
| 2001 | 6,788 constant 2015 US$ | -1.0% |
| 2002 | 6,825 constant 2015 US$ | +0.5% |
| 2003 | 7,037 constant 2015 US$ | +3.1% |
| 2004 | 7,469 constant 2015 US$ | +6.1% |
| 2005 | 7,936 constant 2015 US$ | +6.3% |
| 2006 | 8,558 constant 2015 US$ | +7.8% |
| 2007 | 9,508 constant 2015 US$ | +11.1% |
| 2008 | 10,288 constant 2015 US$ | +8.2% |
| 2009 | 10,267 constant 2015 US$ | -0.2% |
| 2010 | 10,698 constant 2015 US$ | +4.2% |
| 2011 | 11,762 constant 2015 US$ | +9.9% |
| 2012 | 12,668 constant 2015 US$ | +7.7% |
| 2013 | 13,237 constant 2015 US$ | +4.5% |
| 2014 | 13,612 constant 2015 US$ | +2.8% |
| 2015 | 14,083 constant 2015 US$ | +3.5% |
| 2016 | 14,474 constant 2015 US$ | +2.8% |
| 2017 | 15,046 constant 2015 US$ | +3.9% |
| 2018 | 15,376 constant 2015 US$ | +2.2% |
| 2019 | 15,602 constant 2015 US$ | +1.5% |
| 2020 | 12,647 constant 2015 US$ | -18.9% |
| 2021 | 14,553 constant 2015 US$ | +15.1% |
| 2022 | 15,956 constant 2015 US$ | +9.6% |
| 2023 | 16,877 constant 2015 US$ | +5.8% |
| 2024 | 17,123 constant 2015 US$ | +1.5% |
| 2025 | 17,650 constant 2015 US$ | +3.1% |
Panama compared with similar countries
- Panama's 17,650 constant 2015 US$ is below the median for high income countries, which is 34,672 constant 2015 US$, 51% of the median. (80 countries reporting)
- Panama's 17,650 constant 2015 US$ is above the median for Latin America & Caribbean, which is 10,367 constant 2015 US$, 1.7× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3,212 constant 2015 US$ | 2,543 constant 2015 US$ | 3,919 constant 2015 US$ | 10 |
| 1970s | 4,467 constant 2015 US$ | 4,075 constant 2015 US$ | 4,789 constant 2015 US$ | 10 |
| 1980s | 5,336 constant 2015 US$ | 4,563 constant 2015 US$ | 5,803 constant 2015 US$ | 10 |
| 1990s | 5,767 constant 2015 US$ | 4,829 constant 2015 US$ | 6,710 constant 2015 US$ | 10 |
| 2000s | 8,153 constant 2015 US$ | 6,788 constant 2015 US$ | 10,288 constant 2015 US$ | 10 |
| 2010s | 13,656 constant 2015 US$ | 10,698 constant 2015 US$ | 15,602 constant 2015 US$ | 10 |
| 2020s | 15,801 constant 2015 US$ | 12,647 constant 2015 US$ | 17,650 constant 2015 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita in Panama?
- Gdp per capita in Panama was 17,650 constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Panama?
- The highest recorded value was 17,650 constant 2015 US$ in 2025.
- What is the lowest gdp per capita recorded in Panama?
- The lowest recorded value was 2,543 constant 2015 US$ in 1960.
- How does Panama rank for gdp per capita?
- Panama ranks 68th out of 212 countries with data for 2025.
- Is gdp per capita rising or falling in Panama?
- Over the last ten years it is up 25.3%. 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 per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
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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. The core indicator has been divided by the general population to achieve a per capita estimate.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.