GDP per capita in Panama
Panama: GDP per capita was 18,541 constant LCU in 2025. ◆ Volatile
GDP per capita in Panama, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gdp per capita in Panama stood at 18,541 constant LCU. That is the highest value across all 66 years on record.
That represents a change of 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 18,541 constant LCU in 2025 and was at its lowest, 2,672 constant LCU, in 1960.
That places Panama 165th out of 215 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Panama, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 2,672 constant LCU | — |
| 1961 | 2,877 constant LCU | +7.7% |
| 1962 | 3,022 constant LCU | +5.0% |
| 1963 | 3,182 constant LCU | +5.3% |
| 1964 | 3,224 constant LCU | +1.3% |
| 1965 | 3,415 constant LCU | +5.9% |
| 1966 | 3,566 constant LCU | +4.4% |
| 1967 | 3,759 constant LCU | +5.4% |
| 1968 | 3,906 constant LCU | +3.9% |
| 1969 | 4,117 constant LCU | +5.4% |
| 1970 | 4,280 constant LCU | +4.0% |
| 1971 | 4,562 constant LCU | +6.6% |
| 1972 | 4,641 constant LCU | +1.7% |
| 1973 | 4,759 constant LCU | +2.5% |
| 1974 | 4,748 constant LCU | -0.2% |
| 1975 | 4,707 constant LCU | -0.9% |
| 1976 | 4,665 constant LCU | -0.9% |
| 1977 | 4,601 constant LCU | -1.4% |
| 1978 | 4,930 constant LCU | +7.2% |
| 1979 | 5,031 constant LCU | +2.0% |
| 1980 | 5,555 constant LCU | +10.4% |
| 1981 | 5,925 constant LCU | +6.7% |
| 1982 | 6,096 constant LCU | +2.9% |
| 1983 | 5,687 constant LCU | -6.7% |
| 1984 | 5,706 constant LCU | +0.3% |
| 1985 | 5,852 constant LCU | +2.6% |
| 1986 | 5,925 constant LCU | +1.2% |
| 1987 | 5,690 constant LCU | -4.0% |
| 1988 | 4,822 constant LCU | -15.3% |
| 1989 | 4,793 constant LCU | -0.6% |
| 1990 | 5,072 constant LCU | +5.8% |
| 1991 | 5,434 constant LCU | +7.1% |
| 1992 | 5,757 constant LCU | +6.0% |
| 1993 | 5,947 constant LCU | +3.3% |
| 1994 | 5,991 constant LCU | +0.8% |
| 1995 | 5,973 constant LCU | -0.3% |
| 1996 | 6,092 constant LCU | +2.0% |
| 1997 | 6,432 constant LCU | +5.6% |
| 1998 | 6,833 constant LCU | +6.2% |
| 1999 | 7,048 constant LCU | +3.1% |
| 2000 | 7,202 constant LCU | +2.2% |
| 2001 | 7,130 constant LCU | -1.0% |
| 2002 | 7,170 constant LCU | +0.5% |
| 2003 | 7,392 constant LCU | +3.1% |
| 2004 | 7,846 constant LCU | +6.1% |
| 2005 | 8,336 constant LCU | +6.3% |
| 2006 | 8,990 constant LCU | +7.8% |
| 2007 | 9,987 constant LCU | +11.1% |
| 2008 | 10,807 constant LCU | +8.2% |
| 2009 | 10,785 constant LCU | -0.2% |
| 2010 | 11,238 constant LCU | +4.2% |
| 2011 | 12,355 constant LCU | +9.9% |
| 2012 | 13,307 constant LCU | +7.7% |
| 2013 | 13,905 constant LCU | +4.5% |
| 2014 | 14,298 constant LCU | +2.8% |
| 2015 | 14,793 constant LCU | +3.5% |
| 2016 | 15,204 constant LCU | +2.8% |
| 2017 | 15,805 constant LCU | +3.9% |
| 2018 | 16,151 constant LCU | +2.2% |
| 2019 | 16,390 constant LCU | +1.5% |
| 2020 | 13,285 constant LCU | -18.9% |
| 2021 | 15,287 constant LCU | +15.1% |
| 2022 | 16,761 constant LCU | +9.6% |
| 2023 | 17,729 constant LCU | +5.8% |
| 2024 | 17,986 constant LCU | +1.5% |
| 2025 | 18,541 constant LCU | +3.1% |
Panama compared with similar countries
- Panama's 18,541 constant LCU is below the median for high income countries, which is 54,263 constant LCU, 34% of the median. (83 countries reporting)
- Panama's 18,541 constant LCU is below the median for Latin America & Caribbean, which is 34,125 constant LCU, 54% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3,374 constant LCU | 2,672 constant LCU | 4,117 constant LCU | 10 |
| 1970s | 4,692 constant LCU | 4,280 constant LCU | 5,031 constant LCU | 10 |
| 1980s | 5,605 constant LCU | 4,793 constant LCU | 6,096 constant LCU | 10 |
| 1990s | 6,058 constant LCU | 5,072 constant LCU | 7,048 constant LCU | 10 |
| 2000s | 8,564 constant LCU | 7,130 constant LCU | 10,807 constant LCU | 10 |
| 2010s | 14,345 constant LCU | 11,238 constant LCU | 16,390 constant LCU | 10 |
| 2020s | 16,598 constant LCU | 13,285 constant LCU | 18,541 constant 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 per capita in Panama?
- Gdp per capita in Panama was 18,541 constant LCU 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 18,541 constant LCU in 2025.
- What is the lowest gdp per capita recorded in Panama?
- The lowest recorded value was 2,672 constant LCU in 1960.
- How does Panama rank for gdp per capita?
- Panama ranks 165th out of 215 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 LCU). 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 varies by country. This series is expressed in local currency units.