GNI per capita growth in Panama
Panama: GNI per capita growth was 1.6% in 2024. ◆ Volatile
GNI per capita growth in Panama, 1997–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Panama recorded 1.6% for gni per capita growth in 2024.
The figure is down 73.8% on the previous year and up 436.4% over ten years.
Over the whole period, gni per capita growth in Panama peaked at 12.8% in 2011 and was at its lowest, -16.6%, in 2020.
That places Panama 101st out of 166 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GNI per capita growth in Panama, year by year
| Year | annual % | Change |
|---|---|---|
| 1997 | 6.9% | — |
| 1998 | 4.0% | -42.4% |
| 1999 | 1.2% | -70.5% |
| 2000 | 3.2% | +170.6% |
| 2001 | 0.2% | -93.7% |
| 2002 | 3.9% | +1826.7% |
| 2003 | 2.3% | -39.2% |
| 2004 | 1.7% | -29.6% |
| 2005 | 7.6% | +360.4% |
| 2006 | 6.6% | -13.4% |
| 2007 | 9.9% | +50.6% |
| 2008 | 6.6% | -33.8% |
| 2009 | 5.7% | -13.3% |
| 2010 | -0.2% | -104.1% |
| 2011 | 12.8% | -5618.3% |
| 2012 | 5.8% | -54.4% |
| 2013 | 6.5% | +11.3% |
| 2014 | 0.3% | -95.4% |
| 2015 | 8.6% | +2806.0% |
| 2016 | 2.2% | -74.5% |
| 2017 | 4.4% | +97.6% |
| 2018 | -0.7% | -116.4% |
| 2019 | 3.5% | -592.3% |
| 2020 | -16.6% | -571.6% |
| 2021 | 11.7% | -170.0% |
| 2022 | 11.7% | +0.5% |
| 2023 | 6.1% | -47.9% |
| 2024 | 1.6% | -73.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.0% | 1.2% | 6.9% | 3 |
| 2000s | 4.8% | 0.2% | 9.9% | 10 |
| 2010s | 4.3% | -0.7% | 12.8% | 10 |
| 2020s | 2.9% | -16.6% | 11.7% | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9754 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 19,303 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9754 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 19,303 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8647 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gni per capita growth in Panama?
- Gni per capita growth in Panama was 1.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni per capita growth recorded in Panama?
- The highest recorded value was 12.8% in 2011.
- What is the lowest gni per capita growth recorded in Panama?
- The lowest recorded value was -16.6% in 2020.
- How does Panama rank for gni per capita growth?
- Panama ranks 101st out of 166 countries with data for 2024.
- Is gni per capita growth rising or falling in Panama?
- Over the last ten years it is up 436.4%. The long-run trend across the full record is volatile.
- 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 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. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.