Gross domestic product (GDP) in Panama
Panama: Gross domestic product (GDP) was 171.49 billion international-$ in 2021 prices in 2025. ◆ Volatile
Gross domestic product (GDP) in Panama, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Panama recorded 171.49 billion international-$ in 2021 prices for gross domestic product (gdp) in 2025. That is the highest value across all 36 years on record.
That represents a change of 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 171.49 billion international-$ in 2021 prices in 2025 and was at its lowest, 25.20 billion international-$ in 2021 prices, in 1990.
That places Panama 79th out of 198 regions 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 |
|---|---|---|---|---|
| 1990s | 33.27 billion international-$ in 2021 prices | 25.20 billion international-$ in 2021 prices | 42.10 billion international-$ in 2021 prices | 10 |
| 2000s | 57.40 billion international-$ in 2021 prices | 43.87 billion international-$ in 2021 prices | 77.79 billion international-$ in 2021 prices | 10 |
| 2010s | 114.65 billion international-$ in 2021 prices | 82.51 billion international-$ in 2021 prices | 140.44 billion international-$ in 2021 prices | 10 |
| 2020s | 149.14 billion international-$ in 2021 prices | 115.41 billion international-$ in 2021 prices | 171.49 billion international-$ in 2021 prices | 6 |
Countries ranked near Panama
- 76 Oman 198.59 billion international-$ in 2021 prices compare
- 77 Democratic Republic of Congo 185.11 billion international-$ in 2021 prices compare
- 78 Serbia 180.78 billion international-$ in 2021 prices compare
- 80 Croatia 171.22 billion international-$ in 2021 prices compare
- 81 Tunisia 160.75 billion international-$ in 2021 prices compare
- 82 Nepal 156.29 billion international-$ in 2021 prices 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)
- Gross domestic product (GDP) 80.68 billion constant 2015 US$ (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)
Frequently asked questions
- What is gross domestic product (gdp) in Panama?
- Gross domestic product (gdp) in Panama was 171.49 billion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 171.49 billion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Panama?
- The lowest recorded value was 25.20 billion international-$ in 2021 prices in 1990.
- How does Panama rank for gross domestic product (gdp)?
- Panama ranks 79th out of 198 regions 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 Eurostat, OECD, IMF, and World Bank (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 for inflation and differences in living costs between countries.