Gross capital formation (constant LCU), per unit of GDP in Panama
Panama: Gross capital formation (constant LCU), per unit of GDP was 0.3181 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross capital formation (constant LCU), per unit of GDP in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Panama recorded 0.3181 constant LCU per US$ of GDP for gross capital formation (constant lcu), per unit of gdp in 2024.
The figure is down 10.0% on the previous year and down 30.9% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in Panama peaked at 0.5264 constant LCU per US$ of GDP in 2008 and was at its lowest, 0.238 constant LCU per US$ of GDP, in 2020.
That places Panama 116th out of 170 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Gross capital formation (constant LCU), per unit of GDP in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1996 | 0.4347 constant LCU per US$ of GDP | — |
| 1997 | 0.4412 constant LCU per US$ of GDP | +1.5% |
| 1998 | 0.4756 constant LCU per US$ of GDP | +7.8% |
| 1999 | 0.4862 constant LCU per US$ of GDP | +2.2% |
| 2000 | 0.455 constant LCU per US$ of GDP | -6.4% |
| 2001 | 0.3652 constant LCU per US$ of GDP | -19.7% |
| 2002 | 0.3519 constant LCU per US$ of GDP | -3.6% |
| 2003 | 0.4002 constant LCU per US$ of GDP | +13.7% |
| 2004 | 0.4217 constant LCU per US$ of GDP | +5.4% |
| 2005 | 0.4016 constant LCU per US$ of GDP | -4.8% |
| 2006 | 0.4083 constant LCU per US$ of GDP | +1.7% |
| 2007 | 0.4867 constant LCU per US$ of GDP | +19.2% |
| 2008 | 0.5264 constant LCU per US$ of GDP | +8.1% |
| 2009 | 0.3851 constant LCU per US$ of GDP | -26.9% |
| 2010 | 0.4692 constant LCU per US$ of GDP | +21.9% |
| 2011 | 0.4535 constant LCU per US$ of GDP | -3.4% |
| 2012 | 0.486 constant LCU per US$ of GDP | +7.2% |
| 2013 | 0.4752 constant LCU per US$ of GDP | -2.2% |
| 2014 | 0.4601 constant LCU per US$ of GDP | -3.2% |
| 2015 | 0.4502 constant LCU per US$ of GDP | -2.2% |
| 2016 | 0.4186 constant LCU per US$ of GDP | -7.0% |
| 2017 | 0.4215 constant LCU per US$ of GDP | +0.7% |
| 2018 | 0.412 constant LCU per US$ of GDP | -2.3% |
| 2019 | 0.3784 constant LCU per US$ of GDP | -8.2% |
| 2020 | 0.238 constant LCU per US$ of GDP | -37.1% |
| 2021 | 0.2994 constant LCU per US$ of GDP | +25.8% |
| 2022 | 0.3379 constant LCU per US$ of GDP | +12.9% |
| 2023 | 0.3536 constant LCU per US$ of GDP | +4.6% |
| 2024 | 0.3181 constant LCU per US$ of GDP | -10.0% |
Panama compared with similar countries
- Panama's 0.3181 constant LCU per US$ of GDP is above the median for high income countries, which is 0.2109 constant LCU per US$ of GDP, 1.5× the median. (58 countries reporting)
- Panama's 0.3181 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.8673 constant LCU per US$ of GDP, 37% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4594 constant LCU per US$ of GDP | 0.4347 constant LCU per US$ of GDP | 0.4862 constant LCU per US$ of GDP | 4 |
| 2000s | 0.4202 constant LCU per US$ of GDP | 0.3519 constant LCU per US$ of GDP | 0.5264 constant LCU per US$ of GDP | 10 |
| 2010s | 0.4425 constant LCU per US$ of GDP | 0.3784 constant LCU per US$ of GDP | 0.486 constant LCU per US$ of GDP | 10 |
| 2020s | 0.3094 constant LCU per US$ of GDP | 0.238 constant LCU per US$ of GDP | 0.3536 constant LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 113 Brunei 0.3463 constant LCU per US$ of GDP compare
- 114 Brazil 0.3406 constant LCU per US$ of GDP compare
- 115 Belize 0.3321 constant LCU per US$ of GDP compare
- 117 New Zealand 0.3077 constant LCU per US$ of GDP compare
- 118 Tunisia 0.3026 constant LCU per US$ of GDP compare
- 119 East Timor 0.2915 constant LCU 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)
- 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Panama?
- Gross capital formation (constant lcu), per unit of gdp in Panama was 0.3181 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 0.5264 constant LCU per US$ of GDP in 2008.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.238 constant LCU per US$ of GDP in 2020.
- How does Panama rank for gross capital formation (constant lcu), per unit of gdp?
- Panama ranks 116th out of 170 countries with data for 2024.
- Is gross capital formation (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.