Gdp per capita vs electoral democracy index in Panama

Panama: Gdp per capita vs electoral democracy index 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 vs electoral democracy index in Panama, 1906–2022

05.0k10.0k15.0k20.0k25.0k190619642022

Source: Our World in Data.

Analysis

The most recent figure for gdp per capita vs electoral democracy index in Panama is 23,557, measured in 2022. That is the highest value across all 117 years on record.

The figure is up 9.4% on the previous year and up 30.5% over ten years.

Over the whole period, gdp per capita vs electoral democracy index 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 vs electoral democracy index in Panama, year by year

Annual values for Gdp per capita vs electoral democracy index in Panama, 1906 to 2022.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 51 Trinidad and Tobago 25,773 compare
  2. 52 Russian Federation 25,437 compare
  3. 53 Greece 25,284 compare
  4. 55 Chile 22,741 compare
  5. 56 Equatorial Guinea 22,707 compare
  6. 57 Montenegro 20,942 compare

See the full ranking of 166 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is gdp per capita vs electoral democracy index in Panama?
Gdp per capita vs electoral democracy index in Panama was 23,557 in 2022, according to Our World in Data.
What is the highest gdp per capita vs electoral democracy index recorded in Panama?
The highest recorded value was 23,557 in 2022.
What is the lowest gdp per capita vs electoral democracy index recorded in Panama?
The lowest recorded value was 2,276 in 1906.
How does Panama rank for gdp per capita vs electoral democracy index?
Panama ranks 54th out of 166 countries with data for 2022.
Is gdp per capita vs electoral democracy index 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 vs electoral democracy index. Statizoid updates them automatically from the source API.

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Gdp per capita vs electoral democracy index in Panama. Statizoid, drawing on Our World in Data. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/gdp-per-capita-vs-electoral-democracy-index/panama/

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About this data

Indicator
Gdp per capita vs electoral democracy index
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 21,075 data points, 1000–2022
Last refreshed