GNI in Panama
Panama: GNI was 77.93 billion constant LCU in 2024. ▲ Rising
GNI in Panama, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Panama recorded 77.93 billion constant LCU for gni in 2024. That is the highest value across all 29 years on record.
That represents a change of up 2.9% on the previous year and up 54.9% over ten years.
Over the whole period, gni in Panama peaked at 77.93 billion constant LCU in 2024 and was at its lowest, 15.83 billion constant LCU, in 1996.
That places Panama 120th out of 170 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
GNI in Panama, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1996 | 15.83 billion constant LCU | — |
| 1997 | 17.27 billion constant LCU | +9.1% |
| 1998 | 18.32 billion constant LCU | +6.1% |
| 1999 | 18.91 billion constant LCU | +3.2% |
| 2000 | 19.90 billion constant LCU | +5.2% |
| 2001 | 20.34 billion constant LCU | +2.2% |
| 2002 | 21.53 billion constant LCU | +5.9% |
| 2003 | 22.46 billion constant LCU | +4.3% |
| 2004 | 23.27 billion constant LCU | +3.6% |
| 2005 | 25.52 billion constant LCU | +9.7% |
| 2006 | 27.71 billion constant LCU | +8.6% |
| 2007 | 31.02 billion constant LCU | +12.0% |
| 2008 | 33.66 billion constant LCU | +8.5% |
| 2009 | 36.23 billion constant LCU | +7.6% |
| 2010 | 36.80 billion constant LCU | +1.6% |
| 2011 | 42.24 billion constant LCU | +14.8% |
| 2012 | 45.50 billion constant LCU | +7.7% |
| 2013 | 49.31 billion constant LCU | +8.4% |
| 2014 | 50.32 billion constant LCU | +2.0% |
| 2015 | 55.62 billion constant LCU | +10.5% |
| 2016 | 57.84 billion constant LCU | +4.0% |
| 2017 | 61.41 billion constant LCU | +6.2% |
| 2018 | 62.00 billion constant LCU | +1.0% |
| 2019 | 65.21 billion constant LCU | +5.2% |
| 2020 | 55.11 billion constant LCU | -15.5% |
| 2021 | 62.28 billion constant LCU | +13.0% |
| 2022 | 70.45 billion constant LCU | +13.1% |
| 2023 | 75.74 billion constant LCU | +7.5% |
| 2024 | 77.93 billion constant LCU | +2.9% |
Panama compared with similar countries
- Panama's 77.93 billion constant LCU is below the median for high income countries, which is 531.50 billion constant LCU, 15% of the median. (60 countries reporting)
- Panama's 77.93 billion constant LCU is below the median for Latin America & Caribbean, which is 645.97 billion constant LCU, 12% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.58 billion constant LCU | 15.83 billion constant LCU | 18.91 billion constant LCU | 4 |
| 2000s | 26.16 billion constant LCU | 19.90 billion constant LCU | 36.23 billion constant LCU | 10 |
| 2010s | 52.62 billion constant LCU | 36.80 billion constant LCU | 65.21 billion constant LCU | 10 |
| 2020s | 68.30 billion constant LCU | 55.11 billion constant LCU | 77.93 billion constant LCU | 5 |
Countries ranked near Panama
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 gni in Panama?
- Gni in Panama was 77.93 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni recorded in Panama?
- The highest recorded value was 77.93 billion constant LCU in 2024.
- What is the lowest gni recorded in Panama?
- The lowest recorded value was 15.83 billion constant LCU in 1996.
- How does Panama rank for gni?
- Panama ranks 120th out of 170 countries with data for 2024.
- Is gni rising or falling in Panama?
- Over the last ten years it is up 54.9%. The long-run trend across the full record is rising.
- 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 GNI (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.