Gdp per capita maddison project database in Panama
Panama: Gdp per capita maddison project database was 23,557 in 2022. ◆ Volatile
Latest (2022)
23,557
Change on year
up 9.4%
World rank
54th
of 166 countries
All-time high
23,557
in 2022
All-time low
2,276
in 1906
Years of data
117
1906–2022
Gdp per capita maddison project database in Panama, 1906–2022
Source: Our World in Data.
Analysis
The most recent figure for gdp per capita maddison project database in Panama is 23,557, measured in 2022. That is the highest value across all 117 years on record.
That represents a change of up 9.4% on the previous year and up 30.5% over ten years.
Over the whole period, gdp per capita maddison project database in Panama peaked at 23,557 in 2022 and was at its lowest, 2,276, in 1906.
Panama ranks 54th of 166 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 maddison project database in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1906 | 2,276 | — |
| 1907 | 2,377 | +4.4% |
| 1908 | 2,504 | +5.3% |
| 1909 | 2,648 | +5.8% |
| 1910 | 2,837 | +7.1% |
| 1911 | 2,915 | +2.7% |
| 1912 | 2,930 | +0.5% |
| 1913 | 2,927 | -0.1% |
| 1914 | 3,084 | +5.4% |
| 1915 | 3,064 | -0.6% |
| 1916 | 2,888 | -5.7% |
| 1917 | 2,732 | -5.4% |
| 1918 | 2,630 | -3.7% |
| 1919 | 2,534 | -3.7% |
| 1920 | 2,445 | -3.5% |
| 1921 | 2,370 | -3.1% |
| 1922 | 2,401 | +1.3% |
| 1923 | 2,421 | +0.8% |
| 1924 | 2,491 | +2.9% |
| 1925 | 2,514 | +0.9% |
| 1926 | 2,515 | +0.0% |
| 1927 | 2,528 | +0.5% |
| 1928 | 2,558 | +1.2% |
| 1929 | 2,605 | +1.8% |
| 1930 | 2,467 | -5.3% |
| 1931 | 2,383 | -3.4% |
| 1932 | 2,362 | -0.9% |
| 1933 | 2,365 | +0.1% |
| 1934 | 2,391 | +1.1% |
| 1935 | 2,571 | +7.5% |
| 1936 | 2,507 | -2.5% |
| 1937 | 2,707 | +8.0% |
| 1938 | 2,625 | -3.0% |
| 1939 | 2,683 | +2.2% |
| 1940 | 2,651 | -1.2% |
| 1941 | 2,911 | +9.8% |
| 1942 | 2,896 | -0.5% |
| 1943 | 2,995 | +3.4% |
| 1944 | 3,156 | +5.4% |
| 1945 | 3,371 | +6.8% |
| 1946 | 2,899 | -14.0% |
| 1947 | 2,960 | +2.1% |
| 1948 | 2,724 | -8.0% |
| 1949 | 2,732 | +0.3% |
| 1950 | 2,577 | -5.7% |
| 1951 | 2,491 | -3.3% |
| 1952 | 2,557 | +2.6% |
| 1953 | 2,649 | +3.6% |
| 1954 | 2,681 | +1.2% |
| 1955 | 2,766 | +3.2% |
| 1956 | 2,836 | +2.5% |
| 1957 | 3,054 | +7.7% |
| 1958 | 3,014 | -1.3% |
| 1959 | 3,124 | +3.6% |
| 1960 | 3,217 | +3.0% |
| 1961 | 3,462 | +7.6% |
| 1962 | 3,647 | +5.3% |
| 1963 | 3,877 | +6.3% |
| 1964 | 3,929 | +1.3% |
| 1965 | 4,151 | +5.7% |
| 1966 | 4,331 | +4.3% |
| 1967 | 4,559 | +5.3% |
| 1968 | 4,752 | +4.2% |
| 1969 | 4,976 | +4.7% |
| 1970 | 5,131 | +3.1% |
| 1971 | 5,471 | +6.6% |
| 1972 | 5,571 | +1.8% |
| 1973 | 5,719 | +2.7% |
| 1974 | 5,695 | -0.4% |
| 1975 | 5,649 | -0.8% |
| 1976 | 5,604 | -0.8% |
| 1977 | 5,512 | -1.6% |
| 1978 | 5,946 | +7.9% |
| 1979 | 6,075 | +2.2% |
| 1980 | 6,849 | +12.7% |
| 1981 | 7,313 | +6.8% |
| 1982 | 7,444 | +1.8% |
| 1983 | 7,186 | -3.5% |
| 1984 | 7,192 | +0.1% |
| 1985 | 7,404 | +2.9% |
| 1986 | 7,578 | +2.4% |
| 1987 | 7,653 | +1.0% |
| 1988 | 6,743 | -11.9% |
| 1989 | 6,715 | -0.4% |
| 1990 | 7,119 | +6.0% |
| 1991 | 7,659 | +7.6% |
| 1992 | 8,149 | +6.4% |
| 1993 | 8,451 | +3.7% |
| 1994 | 8,550 | +1.2% |
| 1995 | 8,556 | +0.1% |
| 1996 | 8,652 | +1.1% |
| 1997 | 9,055 | +4.7% |
| 1998 | 9,560 | +5.6% |
| 1999 | 9,785 | +2.3% |
| 2000 | 9,899 | +1.2% |
| 2001 | 9,805 | -1.0% |
| 2002 | 9,879 | +0.8% |
| 2003 | 10,154 | +2.8% |
| 2004 | 10,770 | +6.1% |
| 2005 | 11,389 | +5.8% |
| 2006 | 12,196 | +7.1% |
| 2007 | 13,492 | +10.6% |
| 2008 | 14,467 | +7.2% |
| 2009 | 14,516 | +0.3% |
| 2010 | 15,169 | +4.5% |
| 2011 | 16,762 | +10.5% |
| 2012 | 18,051 | +7.7% |
| 2013 | 18,979 | +5.1% |
| 2014 | 19,855 | +4.6% |
| 2015 | 20,723 | +4.4% |
| 2016 | 21,445 | +3.5% |
| 2017 | 22,331 | +4.1% |
| 2018 | 22,844 | +2.3% |
| 2019 | 23,218 | +1.6% |
| 2020 | 18,841 | -18.9% |
| 2021 | 21,539 | +14.3% |
| 2022 | 23,557 | +9.4% |
Panama compared with similar countries
- Panama's 23,557 is below the median for high income countries, which is 38,250, 62% of the median. (55 countries reporting)
- Panama's 23,557 is above the median for Latin America & Caribbean, which is 10,999, 2.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1900s | 2,451 | 2,276 | 2,648 | 4 |
| 1910s | 2,854 | 2,534 | 3,084 | 10 |
| 1920s | 2,485 | 2,370 | 2,605 | 10 |
| 1930s | 2,506 | 2,362 | 2,707 | 10 |
| 1940s | 2,930 | 2,651 | 3,371 | 10 |
| 1950s | 2,775 | 2,491 | 3,124 | 10 |
| 1960s | 4,090 | 3,217 | 4,976 | 10 |
| 1970s | 5,637 | 5,131 | 6,075 | 10 |
| 1980s | 7,208 | 6,715 | 7,653 | 10 |
| 1990s | 8,554 | 7,119 | 9,785 | 10 |
| 2000s | 11,657 | 9,805 | 14,516 | 10 |
| 2010s | 19,938 | 15,169 | 23,218 | 10 |
| 2020s | 21,312 | 18,841 | 23,557 | 3 |
Countries ranked near Panama
- 51 Trinidad and Tobago 25,773 compare
- 52 Russia 25,437 compare
- 53 Greece 25,284 compare
- 55 Chile 22,741 compare
- 56 Equatorial Guinea 22,707 compare
- 57 Montenegro 20,942 compare
More economy & growth data for Panama
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gdp per capita maddison project database in Panama?
- Gdp per capita maddison project database in Panama was 23,557 in 2022, according to Our World in Data.
- What is the highest gdp per capita maddison project database recorded in Panama?
- The highest recorded value was 23,557 in 2022.
- What is the lowest gdp per capita maddison project database recorded in Panama?
- The lowest recorded value was 2,276 in 1906.
- How does Panama rank for gdp per capita maddison project database?
- Panama ranks 54th out of 166 countries with data for 2022.
- Is gdp per capita maddison project database rising or falling in Panama?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Gdp per capita maddison project database. Statizoid updates them automatically from the source API.
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