GDP per capita in Panama
Panama: GDP per capita was 19,790 current US$ in 2025. ◆ Volatile
GDP per capita in Panama, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp per capita in Panama is 19,790 current US$, measured 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 US$ in 2025 and was at its lowest, 477.04 current US$, in 1960.
Panama ranks 76th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 477.04 current US$ | — |
| 1961 | 516.46 current US$ | +8.3% |
| 1962 | 545.57 current US$ | +5.6% |
| 1963 | 586.62 current US$ | +7.5% |
| 1964 | 611.1 current US$ | +4.2% |
| 1965 | 651.33 current US$ | +6.6% |
| 1966 | 688.85 current US$ | +5.8% |
| 1967 | 744.89 current US$ | +8.1% |
| 1968 | 778.48 current US$ | +4.5% |
| 1969 | 830.32 current US$ | +6.7% |
| 1970 | 892.89 current US$ | +7.5% |
| 1971 | 979.33 current US$ | +9.7% |
| 1972 | 1,046 current US$ | +6.8% |
| 1973 | 1,164 current US$ | +11.3% |
| 1974 | 1,296 current US$ | +11.3% |
| 1975 | 1,406 current US$ | +8.4% |
| 1976 | 1,456 current US$ | +3.6% |
| 1977 | 1,503 current US$ | +3.2% |
| 1978 | 1,738 current US$ | +15.6% |
| 1979 | 1,938 current US$ | +11.5% |
| 1980 | 2,357 current US$ | +21.6% |
| 1981 | 2,605 current US$ | +10.5% |
| 1982 | 2,811 current US$ | +7.9% |
| 1983 | 2,819 current US$ | +0.3% |
| 1984 | 2,875 current US$ | +2.0% |
| 1985 | 2,972 current US$ | +3.4% |
| 1986 | 3,019 current US$ | +1.6% |
| 1987 | 2,966 current US$ | -1.8% |
| 1988 | 2,509 current US$ | -15.4% |
| 1989 | 2,462 current US$ | -1.9% |
| 1990 | 2,620 current US$ | +6.4% |
| 1991 | 2,821 current US$ | +7.6% |
| 1992 | 3,140 current US$ | +11.3% |
| 1993 | 3,358 current US$ | +7.0% |
| 1994 | 3,508 current US$ | +4.5% |
| 1995 | 3,514 current US$ | +0.2% |
| 1996 | 3,308 current US$ | -5.9% |
| 1997 | 3,546 current US$ | +7.2% |
| 1998 | 3,808 current US$ | +7.4% |
| 1999 | 3,950 current US$ | +3.7% |
| 2000 | 3,975 current US$ | +0.6% |
| 2001 | 3,992 current US$ | +0.4% |
| 2002 | 4,091 current US$ | +2.5% |
| 2003 | 4,265 current US$ | +4.3% |
| 2004 | 4,645 current US$ | +8.9% |
| 2005 | 5,018 current US$ | +8.0% |
| 2006 | 5,529 current US$ | +10.2% |
| 2007 | 6,318 current US$ | +14.3% |
| 2008 | 7,348 current US$ | +16.3% |
| 2009 | 7,797 current US$ | +6.1% |
| 2010 | 8,331 current US$ | +6.9% |
| 2011 | 9,662 current US$ | +16.0% |
| 2012 | 11,065 current US$ | +14.5% |
| 2013 | 12,273 current US$ | +10.9% |
| 2014 | 13,213 current US$ | +7.7% |
| 2015 | 14,083 current US$ | +6.6% |
| 2016 | 14,832 current US$ | +5.3% |
| 2017 | 15,695 current US$ | +5.8% |
| 2018 | 16,151 current US$ | +2.9% |
| 2019 | 16,478 current US$ | +2.0% |
| 2020 | 13,291 current US$ | -19.3% |
| 2021 | 15,510 current US$ | +16.7% |
| 2022 | 17,379 current US$ | +12.0% |
| 2023 | 18,797 current US$ | +8.2% |
| 2024 | 19,161 current US$ | +1.9% |
| 2025 | 19,790 current US$ | +3.3% |
Panama compared with similar countries
- Panama's 19,790 current US$ is below the median for high income countries, which is 39,041 current US$, 51% of the median. (82 countries reporting)
- Panama's 19,790 current US$ is above the median for Latin America & Caribbean, which is 13,226 current US$, 1.5× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 643.07 current US$ | 477.04 current US$ | 830.32 current US$ | 10 |
| 1970s | 1,342 current US$ | 892.89 current US$ | 1,938 current US$ | 10 |
| 1980s | 2,740 current US$ | 2,357 current US$ | 3,019 current US$ | 10 |
| 1990s | 3,357 current US$ | 2,620 current US$ | 3,950 current US$ | 10 |
| 2000s | 5,298 current US$ | 3,975 current US$ | 7,797 current US$ | 10 |
| 2010s | 13,178 current US$ | 8,331 current US$ | 16,478 current US$ | 10 |
| 2020s | 17,321 current US$ | 13,291 current US$ | 19,790 current US$ | 6 |
Countries ranked near Panama
- 73 Bulgaria 20,328 current US$ compare
- 74 Costa Rica 19,970 current US$ compare
- 75 Oman 19,947 current US$ compare
- 77 Palau 19,532 current US$ compare
- 78 Seychelles 19,449 current US$ compare
- 79 Trinidad and Tobago 18,967 current US$ 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)
- 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita in Panama?
- Gdp per capita in Panama was 19,790 current US$ 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 19,790 current US$ in 2025.
- What is the lowest gdp per capita recorded in Panama?
- The lowest recorded value was 477.04 current US$ in 1960.
- How does Panama rank for gdp per capita?
- Panama ranks 76th 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.