Gross capital formation (constant 2015 US$), per unit of GDP (unit) in Panama
Panama: Gross capital formation (constant 2015 US$), per unit of GDP (unit) was 0.2986 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross capital formation (constant 2015 US$), per unit of GDP in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Panama recorded 0.2986 constant 2015 US$ per US$ of GDP for gross capital formation (constant 2015 us$), per unit of gdp in 2024.
Compared with earlier readings it is down 10.0% on the previous year and down 30.9% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per unit of gdp in Panama peaked at 0.4942 constant 2015 US$ per US$ of GDP in 2008 and was at its lowest, 0.2234 constant 2015 US$ per US$ of GDP, in 2020.
That places Panama 18th out of 163 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Gross capital formation (constant 2015 US$), per unit of GDP (unit) in Panama, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1996 | 0.4081 constant 2015 US$ per US$ of GDP | — |
| 1997 | 0.4142 constant 2015 US$ per US$ of GDP | +1.5% |
| 1998 | 0.4465 constant 2015 US$ per US$ of GDP | +7.8% |
| 1999 | 0.4565 constant 2015 US$ per US$ of GDP | +2.2% |
| 2000 | 0.4271 constant 2015 US$ per US$ of GDP | -6.4% |
| 2001 | 0.3429 constant 2015 US$ per US$ of GDP | -19.7% |
| 2002 | 0.3304 constant 2015 US$ per US$ of GDP | -3.6% |
| 2003 | 0.3757 constant 2015 US$ per US$ of GDP | +13.7% |
| 2004 | 0.3959 constant 2015 US$ per US$ of GDP | +5.4% |
| 2005 | 0.3771 constant 2015 US$ per US$ of GDP | -4.8% |
| 2006 | 0.3834 constant 2015 US$ per US$ of GDP | +1.7% |
| 2007 | 0.457 constant 2015 US$ per US$ of GDP | +19.2% |
| 2008 | 0.4942 constant 2015 US$ per US$ of GDP | +8.1% |
| 2009 | 0.3615 constant 2015 US$ per US$ of GDP | -26.9% |
| 2010 | 0.4405 constant 2015 US$ per US$ of GDP | +21.9% |
| 2011 | 0.4257 constant 2015 US$ per US$ of GDP | -3.4% |
| 2012 | 0.4562 constant 2015 US$ per US$ of GDP | +7.2% |
| 2013 | 0.4461 constant 2015 US$ per US$ of GDP | -2.2% |
| 2014 | 0.432 constant 2015 US$ per US$ of GDP | -3.2% |
| 2015 | 0.4227 constant 2015 US$ per US$ of GDP | -2.2% |
| 2016 | 0.393 constant 2015 US$ per US$ of GDP | -7.0% |
| 2017 | 0.3957 constant 2015 US$ per US$ of GDP | +0.7% |
| 2018 | 0.3868 constant 2015 US$ per US$ of GDP | -2.3% |
| 2019 | 0.3552 constant 2015 US$ per US$ of GDP | -8.2% |
| 2020 | 0.2234 constant 2015 US$ per US$ of GDP | -37.1% |
| 2021 | 0.2811 constant 2015 US$ per US$ of GDP | +25.8% |
| 2022 | 0.3172 constant 2015 US$ per US$ of GDP | +12.9% |
| 2023 | 0.332 constant 2015 US$ per US$ of GDP | +4.6% |
| 2024 | 0.2986 constant 2015 US$ per US$ of GDP | -10.0% |
Panama compared with similar countries
- Panama's 0.2986 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.1667 constant 2015 US$ per US$ of GDP, 1.8× the median. (58 countries reporting)
- Panama's 0.2986 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1605 constant 2015 US$ per US$ of GDP, 1.9× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4313 constant 2015 US$ per US$ of GDP | 0.4081 constant 2015 US$ per US$ of GDP | 0.4565 constant 2015 US$ per US$ of GDP | 4 |
| 2000s | 0.3945 constant 2015 US$ per US$ of GDP | 0.3304 constant 2015 US$ per US$ of GDP | 0.4942 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.4154 constant 2015 US$ per US$ of GDP | 0.3552 constant 2015 US$ per US$ of GDP | 0.4562 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.2905 constant 2015 US$ per US$ of GDP | 0.2234 constant 2015 US$ per US$ of GDP | 0.332 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 15 Laos 0.3061 constant 2015 US$ per US$ of GDP compare
- 16 India 0.305 constant 2015 US$ per US$ of GDP compare
- 17 Sierra Leone 0.304 constant 2015 US$ per US$ of GDP compare
- 19 Tajikistan 0.2964 constant 2015 US$ per US$ of GDP compare
- 20 Indonesia 0.2964 constant 2015 US$ per US$ of GDP compare
- 21 Japan 0.2964 constant 2015 US$ per US$ of GDP 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 gross capital formation (constant 2015 us$), per unit of gdp in Panama?
- Gross capital formation (constant 2015 us$), per unit of gdp in Panama was 0.2986 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per unit of gdp recorded in Panama?
- The highest recorded value was 0.4942 constant 2015 US$ per US$ of GDP in 2008.
- What is the lowest gross capital formation (constant 2015 us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.2234 constant 2015 US$ per US$ of GDP in 2020.
- How does Panama rank for gross capital formation (constant 2015 us$), per unit of gdp?
- Panama ranks 18th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 30.9%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.