Gross domestic product (GDP) in Panama
Panama: Gross domestic product (GDP) was 80.68 billion constant 2015 US$ in 2025. ◆ Volatile
Gross domestic product (GDP) in Panama, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Panama stood at 80.68 billion constant 2015 US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 44.7% over ten years.
Over the whole period, gross domestic product (gdp) in Panama peaked at 80.68 billion constant 2015 US$ in 2025 and was at its lowest, 2.86 billion constant 2015 US$, in 1960.
That places Panama 73rd out of 209 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.20 billion constant 2015 US$ | 2.86 billion constant 2015 US$ | 5.76 billion constant 2015 US$ | 10 |
| 1970s | 7.66 billion constant 2015 US$ | 6.17 billion constant 2015 US$ | 9.15 billion constant 2015 US$ | 10 |
| 1980s | 11.58 billion constant 2015 US$ | 10.35 billion constant 2015 US$ | 12.70 billion constant 2015 US$ | 10 |
| 1990s | 15.65 billion constant 2015 US$ | 11.86 billion constant 2015 US$ | 19.81 billion constant 2015 US$ | 10 |
| 2000s | 27.00 billion constant 2015 US$ | 20.64 billion constant 2015 US$ | 36.60 billion constant 2015 US$ | 10 |
| 2010s | 53.94 billion constant 2015 US$ | 38.82 billion constant 2015 US$ | 66.07 billion constant 2015 US$ | 10 |
| 2020s | 70.17 billion constant 2015 US$ | 54.30 billion constant 2015 US$ | 80.68 billion constant 2015 US$ | 6 |
Countries ranked near Panama
- 70 Cote d'Ivoire 81.48 billion constant 2015 US$ compare
- 71 Cuba 81.05 billion constant 2015 US$ compare
- 72 Costa Rica 80.74 billion constant 2015 US$ compare
- 74 Ukraine 80.23 billion constant 2015 US$ compare
- 75 Ghana 79.27 billion constant 2015 US$ compare
- 76 Tanzania 78.82 billion constant 2015 US$ compare
More economy & growth data for Panama
- External balance on goods and services as a percent of GDP 5.0% (2024)
- Inflation of consumer prices -0.2% (2025)
- GDP per capita 17,650 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.8% (2025)
- GDP per capita in international and market dollars 17,650 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
- Taxes less subsidies on products 2.23 billion current US$ (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Panama?
- Gross domestic product (gdp) in Panama was 80.68 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Panama?
- The highest recorded value was 80.68 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Panama?
- The lowest recorded value was 2.86 billion constant 2015 US$ in 1960.
- How does Panama rank for gross domestic product (gdp)?
- Panama ranks 73rd out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Panama?
- Over the last ten years it is up 44.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.