GNI per capita in Panama
Panama: GNI per capita was 17,257 constant LCU in 2024. ▲ Rising
GNI per capita in Panama, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Panama recorded 17,257 constant LCU for gni per capita in 2024. That is the highest value across all 29 years on record.
The figure is up 1.6% on the previous year and up 33.5% over ten years.
Over the whole period, gni per capita in Panama peaked at 17,257 constant LCU in 2024 and was at its lowest, 5,694 constant LCU, in 1996.
That places Panama 134th out of 170 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
GNI per capita in Panama, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1996 | 5,694 constant LCU | — |
| 1997 | 6,089 constant LCU | +6.9% |
| 1998 | 6,332 constant LCU | +4.0% |
| 1999 | 6,407 constant LCU | +1.2% |
| 2000 | 6,612 constant LCU | +3.2% |
| 2001 | 6,625 constant LCU | +0.2% |
| 2002 | 6,880 constant LCU | +3.9% |
| 2003 | 7,042 constant LCU | +2.3% |
| 2004 | 7,158 constant LCU | +1.7% |
| 2005 | 7,702 constant LCU | +7.6% |
| 2006 | 8,210 constant LCU | +6.6% |
| 2007 | 9,024 constant LCU | +9.9% |
| 2008 | 9,617 constant LCU | +6.6% |
| 2009 | 10,165 constant LCU | +5.7% |
| 2010 | 10,141 constant LCU | -0.2% |
| 2011 | 11,437 constant LCU | +12.8% |
| 2012 | 12,104 constant LCU | +5.8% |
| 2013 | 12,889 constant LCU | +6.5% |
| 2014 | 12,928 constant LCU | +0.3% |
| 2015 | 14,046 constant LCU | +8.6% |
| 2016 | 14,356 constant LCU | +2.2% |
| 2017 | 14,982 constant LCU | +4.4% |
| 2018 | 14,875 constant LCU | -0.7% |
| 2019 | 15,400 constant LCU | +3.5% |
| 2020 | 12,836 constant LCU | -16.6% |
| 2021 | 14,332 constant LCU | +11.6% |
| 2022 | 16,010 constant LCU | +11.7% |
| 2023 | 16,986 constant LCU | +6.1% |
| 2024 | 17,257 constant LCU | +1.6% |
Panama compared with similar countries
- Panama's 17,257 constant LCU is below the median for high income countries, which is 58,234 constant LCU, 30% of the median. (60 countries reporting)
- Panama's 17,257 constant LCU is below the median for Latin America & Caribbean, which is 29,636 constant LCU, 58% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,130 constant LCU | 5,694 constant LCU | 6,407 constant LCU | 4 |
| 2000s | 7,903 constant LCU | 6,612 constant LCU | 10,165 constant LCU | 10 |
| 2010s | 13,316 constant LCU | 10,141 constant LCU | 15,400 constant LCU | 10 |
| 2020s | 15,484 constant LCU | 12,836 constant LCU | 17,257 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 per capita in Panama?
- Gni per capita in Panama was 17,257 constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni per capita recorded in Panama?
- The highest recorded value was 17,257 constant LCU in 2024.
- What is the lowest gni per capita recorded in Panama?
- The lowest recorded value was 5,694 constant LCU in 1996.
- How does Panama rank for gni per capita?
- Panama ranks 134th out of 170 countries with data for 2024.
- Is gni per capita rising or falling in Panama?
- Over the last ten years it is up 33.5%. 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 per capita (constant LCU). Statizoid updates them automatically from the source API.
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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. The core indicator has been divided by the general population to achieve a per capita estimate.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.