GDP per capita in Panama
Panama: GDP per capita was 19,790 current LCU in 2025. ◆ Volatile
GDP per capita in Panama, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Panama recorded 19,790 current LCU for gdp per capita in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 40.5% over ten years.
Over the whole period, gdp per capita in Panama peaked at 19,790 current LCU in 2025 and was at its lowest, 477.04 current LCU, in 1960.
Panama ranks 181st of 214 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 per capita in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 477.04 current LCU | — |
| 1961 | 516.46 current LCU | +8.3% |
| 1962 | 545.57 current LCU | +5.6% |
| 1963 | 586.62 current LCU | +7.5% |
| 1964 | 611.1 current LCU | +4.2% |
| 1965 | 651.33 current LCU | +6.6% |
| 1966 | 688.85 current LCU | +5.8% |
| 1967 | 744.89 current LCU | +8.1% |
| 1968 | 778.48 current LCU | +4.5% |
| 1969 | 830.32 current LCU | +6.7% |
| 1970 | 892.89 current LCU | +7.5% |
| 1971 | 979.33 current LCU | +9.7% |
| 1972 | 1,046 current LCU | +6.8% |
| 1973 | 1,164 current LCU | +11.3% |
| 1974 | 1,296 current LCU | +11.3% |
| 1975 | 1,406 current LCU | +8.4% |
| 1976 | 1,456 current LCU | +3.6% |
| 1977 | 1,503 current LCU | +3.2% |
| 1978 | 1,738 current LCU | +15.6% |
| 1979 | 1,938 current LCU | +11.5% |
| 1980 | 2,357 current LCU | +21.6% |
| 1981 | 2,605 current LCU | +10.5% |
| 1982 | 2,811 current LCU | +7.9% |
| 1983 | 2,819 current LCU | +0.3% |
| 1984 | 2,875 current LCU | +2.0% |
| 1985 | 2,972 current LCU | +3.4% |
| 1986 | 3,019 current LCU | +1.6% |
| 1987 | 2,966 current LCU | -1.8% |
| 1988 | 2,509 current LCU | -15.4% |
| 1989 | 2,462 current LCU | -1.9% |
| 1990 | 2,620 current LCU | +6.4% |
| 1991 | 2,821 current LCU | +7.6% |
| 1992 | 3,140 current LCU | +11.3% |
| 1993 | 3,358 current LCU | +7.0% |
| 1994 | 3,508 current LCU | +4.5% |
| 1995 | 3,514 current LCU | +0.2% |
| 1996 | 3,308 current LCU | -5.9% |
| 1997 | 3,546 current LCU | +7.2% |
| 1998 | 3,808 current LCU | +7.4% |
| 1999 | 3,950 current LCU | +3.7% |
| 2000 | 3,975 current LCU | +0.6% |
| 2001 | 3,992 current LCU | +0.4% |
| 2002 | 4,091 current LCU | +2.5% |
| 2003 | 4,265 current LCU | +4.3% |
| 2004 | 4,645 current LCU | +8.9% |
| 2005 | 5,018 current LCU | +8.0% |
| 2006 | 5,529 current LCU | +10.2% |
| 2007 | 6,318 current LCU | +14.3% |
| 2008 | 7,348 current LCU | +16.3% |
| 2009 | 7,797 current LCU | +6.1% |
| 2010 | 8,331 current LCU | +6.9% |
| 2011 | 9,662 current LCU | +16.0% |
| 2012 | 11,065 current LCU | +14.5% |
| 2013 | 12,273 current LCU | +10.9% |
| 2014 | 13,213 current LCU | +7.7% |
| 2015 | 14,083 current LCU | +6.6% |
| 2016 | 14,832 current LCU | +5.3% |
| 2017 | 15,695 current LCU | +5.8% |
| 2018 | 16,151 current LCU | +2.9% |
| 2019 | 16,478 current LCU | +2.0% |
| 2020 | 13,291 current LCU | -19.3% |
| 2021 | 15,510 current LCU | +16.7% |
| 2022 | 17,379 current LCU | +12.0% |
| 2023 | 18,797 current LCU | +8.2% |
| 2024 | 19,161 current LCU | +1.9% |
| 2025 | 19,790 current LCU | +3.3% |
Panama compared with similar countries
- Panama's 19,790 current LCU is below the median for high income countries, which is 70,749 current LCU, 28% of the median. (82 countries reporting)
- Panama's 19,790 current LCU is below the median for Latin America & Caribbean, which is 68,590 current LCU, 29% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 643.07 current LCU | 477.04 current LCU | 830.32 current LCU | 10 |
| 1970s | 1,342 current LCU | 892.89 current LCU | 1,938 current LCU | 10 |
| 1980s | 2,740 current LCU | 2,357 current LCU | 3,019 current LCU | 10 |
| 1990s | 3,357 current LCU | 2,620 current LCU | 3,950 current LCU | 10 |
| 2000s | 5,298 current LCU | 3,975 current LCU | 7,797 current LCU | 10 |
| 2010s | 13,178 current LCU | 8,331 current LCU | 16,478 current LCU | 10 |
| 2020s | 17,321 current LCU | 13,291 current LCU | 19,790 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 per capita in Panama?
- Gdp per capita in Panama was 19,790 current 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 19,790 current LCU in 2025.
- What is the lowest gdp per capita recorded in Panama?
- The lowest recorded value was 477.04 current LCU in 1960.
- How does Panama rank for gdp per capita?
- Panama ranks 181st out of 214 countries with data for 2025.
- Is gdp per capita rising or falling in Panama?
- Over the last ten years it is up 40.5%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.