GNI, PPP (constant 2021 international $) in Panama
Panama: GNI, PPP was 158.23 billion constant 2021 international $ in 2024. ▲ Rising
GNI, PPP in Panama, 1996–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gni, ppp in Panama stood at 158.23 billion constant 2021 international $. 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, ppp in Panama peaked at 158.23 billion constant 2021 international $ in 2024 and was at its lowest, 32.14 billion constant 2021 international $, in 1996.
Panama ranks 73rd of 159 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
GNI, PPP in Panama, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1996 | 32.14 billion constant 2021 international $ | — |
| 1997 | 35.07 billion constant 2021 international $ | +9.1% |
| 1998 | 37.21 billion constant 2021 international $ | +6.1% |
| 1999 | 38.40 billion constant 2021 international $ | +3.2% |
| 2000 | 40.41 billion constant 2021 international $ | +5.2% |
| 2001 | 41.29 billion constant 2021 international $ | +2.2% |
| 2002 | 43.72 billion constant 2021 international $ | +5.9% |
| 2003 | 45.61 billion constant 2021 international $ | +4.3% |
| 2004 | 47.25 billion constant 2021 international $ | +3.6% |
| 2005 | 51.81 billion constant 2021 international $ | +9.7% |
| 2006 | 56.26 billion constant 2021 international $ | +8.6% |
| 2007 | 62.98 billion constant 2021 international $ | +12.0% |
| 2008 | 68.36 billion constant 2021 international $ | +8.5% |
| 2009 | 73.56 billion constant 2021 international $ | +7.6% |
| 2010 | 74.72 billion constant 2021 international $ | +1.6% |
| 2011 | 85.77 billion constant 2021 international $ | +14.8% |
| 2012 | 92.39 billion constant 2021 international $ | +7.7% |
| 2013 | 100.11 billion constant 2021 international $ | +8.4% |
| 2014 | 102.16 billion constant 2021 international $ | +2.0% |
| 2015 | 112.94 billion constant 2021 international $ | +10.5% |
| 2016 | 117.44 billion constant 2021 international $ | +4.0% |
| 2017 | 124.69 billion constant 2021 international $ | +6.2% |
| 2018 | 125.88 billion constant 2021 international $ | +1.0% |
| 2019 | 132.41 billion constant 2021 international $ | +5.2% |
| 2020 | 111.90 billion constant 2021 international $ | -15.5% |
| 2021 | 126.45 billion constant 2021 international $ | +13.0% |
| 2022 | 143.06 billion constant 2021 international $ | +13.1% |
| 2023 | 153.78 billion constant 2021 international $ | +7.5% |
| 2024 | 158.23 billion constant 2021 international $ | +2.9% |
Panama compared with similar countries
- Panama's 158.23 billion constant 2021 international $ is below the median for high income countries, which is 429.86 billion constant 2021 international $, 37% of the median. (57 countries reporting)
- Panama's 158.23 billion constant 2021 international $ is above the median for Latin America & Caribbean, which is 147.06 billion constant 2021 international $, 1.1× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.71 billion constant 2021 international $ | 32.14 billion constant 2021 international $ | 38.40 billion constant 2021 international $ | 4 |
| 2000s | 53.13 billion constant 2021 international $ | 40.41 billion constant 2021 international $ | 73.56 billion constant 2021 international $ | 10 |
| 2010s | 106.85 billion constant 2021 international $ | 74.72 billion constant 2021 international $ | 132.41 billion constant 2021 international $ | 10 |
| 2020s | 138.68 billion constant 2021 international $ | 111.90 billion constant 2021 international $ | 158.23 billion constant 2021 international $ | 5 |
Countries ranked near Panama
- 70 Croatia 171.06 billion constant 2021 international $ compare
- 71 Tunisia 163.62 billion constant 2021 international $ compare
- 72 Nepal 158.50 billion constant 2021 international $ compare
- 74 Cameroon 145.12 billion constant 2021 international $ compare
- 75 Uganda 144.62 billion constant 2021 international $ compare
- 76 Democratic Republic of Congo 139.76 billion 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gni, ppp in Panama?
- Gni, ppp in Panama was 158.23 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Panama?
- The highest recorded value was 158.23 billion constant 2021 international $ in 2024.
- What is the lowest gni, ppp recorded in Panama?
- The lowest recorded value was 32.14 billion constant 2021 international $ in 1996.
- How does Panama rank for gni, ppp?
- Panama ranks 73rd out of 159 countries with data for 2024.
- Is gni, ppp 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 International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) 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. 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.