GNI per capita, PPP in Panama
Panama: GNI per capita, PPP was 35,040 constant 2021 international $ in 2024. ▲ Rising
GNI per capita, PPP in Panama, 1996–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gni per capita, ppp in Panama stood at 35,040 constant 2021 international $. That is the highest value across all 29 years on record.
That represents a change of up 1.6% on the previous year and up 33.5% over ten years.
Over the whole period, gni per capita, ppp in Panama peaked at 35,040 constant 2021 international $ in 2024 and was at its lowest, 11,561 constant 2021 international $, in 1996.
That places Panama 50th out of 158 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 per capita, PPP in Panama, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1996 | 11,561 constant 2021 international $ | — |
| 1997 | 12,363 constant 2021 international $ | +6.9% |
| 1998 | 12,857 constant 2021 international $ | +4.0% |
| 1999 | 13,009 constant 2021 international $ | +1.2% |
| 2000 | 13,425 constant 2021 international $ | +3.2% |
| 2001 | 13,452 constant 2021 international $ | +0.2% |
| 2002 | 13,970 constant 2021 international $ | +3.9% |
| 2003 | 14,298 constant 2021 international $ | +2.3% |
| 2004 | 14,534 constant 2021 international $ | +1.7% |
| 2005 | 15,639 constant 2021 international $ | +7.6% |
| 2006 | 16,669 constant 2021 international $ | +6.6% |
| 2007 | 18,323 constant 2021 international $ | +9.9% |
| 2008 | 19,527 constant 2021 international $ | +6.6% |
| 2009 | 20,639 constant 2021 international $ | +5.7% |
| 2010 | 20,591 constant 2021 international $ | -0.2% |
| 2011 | 23,222 constant 2021 international $ | +12.8% |
| 2012 | 24,576 constant 2021 international $ | +5.8% |
| 2013 | 26,171 constant 2021 international $ | +6.5% |
| 2014 | 26,249 constant 2021 international $ | +0.3% |
| 2015 | 28,519 constant 2021 international $ | +8.6% |
| 2016 | 29,149 constant 2021 international $ | +2.2% |
| 2017 | 30,421 constant 2021 international $ | +4.4% |
| 2018 | 30,203 constant 2021 international $ | -0.7% |
| 2019 | 31,268 constant 2021 international $ | +3.5% |
| 2020 | 26,064 constant 2021 international $ | -16.6% |
| 2021 | 29,100 constant 2021 international $ | +11.7% |
| 2022 | 32,507 constant 2021 international $ | +11.7% |
| 2023 | 34,490 constant 2021 international $ | +6.1% |
| 2024 | 35,040 constant 2021 international $ | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12,448 constant 2021 international $ | 11,561 constant 2021 international $ | 13,009 constant 2021 international $ | 4 |
| 2000s | 16,048 constant 2021 international $ | 13,425 constant 2021 international $ | 20,639 constant 2021 international $ | 10 |
| 2010s | 27,037 constant 2021 international $ | 20,591 constant 2021 international $ | 31,268 constant 2021 international $ | 10 |
| 2020s | 31,440 constant 2021 international $ | 26,064 constant 2021 international $ | 35,040 constant 2021 international $ | 5 |
Countries ranked near Panama
- 47 Slovakia 37,668 constant 2021 international $ compare
- 48 Latvia 36,880 constant 2021 international $ compare
- 49 Oman 36,390 constant 2021 international $ compare
- 51 Bahamas 34,710 constant 2021 international $ compare
- 52 Kazakhstan 34,286 constant 2021 international $ compare
- 53 Malaysia 34,062 constant 2021 international $ compare
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 domestic savings (current US$), annual growth rate -1.43 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3858 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 7,392 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -1.43 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.3858 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 7,392 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 7.89 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9669 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gni per capita, ppp in Panama?
- Gni per capita, ppp in Panama was 35,040 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni per capita, ppp recorded in Panama?
- The highest recorded value was 35,040 constant 2021 international $ in 2024.
- What is the lowest gni per capita, ppp recorded in Panama?
- The lowest recorded value was 11,561 constant 2021 international $ in 1996.
- How does Panama rank for gni per capita, ppp?
- Panama ranks 50th out of 158 countries with data for 2024.
- Is gni per capita, ppp 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 International Comparison Program (ICP), World Bank (WB), published as part of GNI per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.