Gross capital formation in Panama
Panama: Gross capital formation was 27.52 billion constant LCU in 2024. ◆ Volatile
Gross capital formation in Panama, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross capital formation in Panama is 27.52 billion constant LCU, measured in 2024.
The figure is down 7.1% on the previous year and up 16.3% over ten years.
Over the whole period, gross capital formation in Panama peaked at 29.64 billion constant LCU in 2023 and was at its lowest, 4.00 billion constant LCU, in 1996.
Panama ranks 115th of 169 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.84 billion constant LCU | 4.00 billion constant LCU | 5.67 billion constant LCU | 4 |
| 2000s | 7.53 billion constant LCU | 4.48 billion constant LCU | 13.54 billion constant LCU | 10 |
| 2010s | 22.79 billion constant LCU | 14.18 billion constant LCU | 27.73 billion constant LCU | 10 |
| 2020s | 23.35 billion constant LCU | 13.58 billion constant LCU | 29.64 billion constant LCU | 5 |
Countries ranked near Panama
More economy & growth data for Panama
- External balance on goods and services as a percent of GDP 5.0% (2024)
- Inflation of consumer prices -0.2% (2025)
- GDP per capita 17,650 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.8% (2025)
- Gross domestic product (GDP) 80.68 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,650 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Panama?
- Gross capital formation in Panama was 27.52 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Panama?
- The highest recorded value was 29.64 billion constant LCU in 2023.
- What is the lowest gross capital formation recorded in Panama?
- The lowest recorded value was 4.00 billion constant LCU in 1996.
- How does Panama rank for gross capital formation?
- Panama ranks 115th out of 169 countries with data for 2024.
- Is gross capital formation rising or falling in Panama?
- Over the last ten years it is up 16.3%. 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 Gross capital formation (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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 varies by country. This series is expressed in local currency units.