Gross capital formation (current LCU), annual growth rate (current) in Panama
Panama: Gross capital formation (current LCU), annual growth rate (current) was -7.67 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-7.67 % change on previous year
Change on year
down 152.5%
World rank
172nd
of 186 countries
All-time high
197.24 % change on previous year
in 1990
All-time low
-64.66 % change on previous year
in 1988
Years of data
64
1961–2024
Gross capital formation (current LCU), annual growth rate in Panama, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (current lcu), annual growth rate in Panama is -7.67 % change on previous year, measured in 2024.
The figure is down 152.5% on the previous year and down 170.8% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Panama peaked at 197.24 % change on previous year in 1990 and was at its lowest, -64.66 % change on previous year, in 1988.
Panama ranks 172nd of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate (current) in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 30.38 % change on previous year | — |
| 1962 | 11.88 % change on previous year | -60.9% |
| 1963 | 11.02 % change on previous year | -7.2% |
| 1964 | -6.92 % change on previous year | -162.8% |
| 1965 | 13.31 % change on previous year | -292.2% |
| 1966 | 35.75 % change on previous year | +168.7% |
| 1967 | 7.12 % change on previous year | -80.1% |
| 1968 | 13.95 % change on previous year | +95.9% |
| 1969 | 15.84 % change on previous year | +13.5% |
| 1970 | 23.93 % change on previous year | +51.1% |
| 1971 | 23.07 % change on previous year | -3.6% |
| 1972 | 15.03 % change on previous year | -34.8% |
| 1973 | 20.67 % change on previous year | +37.5% |
| 1974 | 14.49 % change on previous year | -29.9% |
| 1975 | 2.03 % change on previous year | -86.0% |
| 1976 | 9.06 % change on previous year | +345.8% |
| 1977 | -20.67 % change on previous year | -328.2% |
| 1978 | 32.76 % change on previous year | -258.5% |
| 1979 | 20.56 % change on previous year | -37.2% |
| 1980 | 26.73 % change on previous year | +30.0% |
| 1981 | 14.2 % change on previous year | -46.9% |
| 1982 | 4.85 % change on previous year | -65.9% |
| 1983 | -31.77 % change on previous year | -755.3% |
| 1984 | -13.47 % change on previous year | -57.6% |
| 1985 | 8.6 % change on previous year | -163.8% |
| 1986 | 17.67 % change on previous year | +105.5% |
| 1987 | 7.13 % change on previous year | -59.6% |
| 1988 | -64.66 % change on previous year | -1006.6% |
| 1989 | -17.88 % change on previous year | -72.3% |
| 1990 | 197.24 % change on previous year | -1203.0% |
| 1991 | 25.39 % change on previous year | -87.1% |
| 1992 | 40.33 % change on previous year | +58.8% |
| 1993 | 13.98 % change on previous year | -65.3% |
| 1994 | 15.64 % change on previous year | +11.8% |
| 1995 | 15.46 % change on previous year | -1.1% |
| 1996 | -32.49 % change on previous year | -310.1% |
| 1997 | 10.61 % change on previous year | -132.6% |
| 1998 | 20.84 % change on previous year | +96.5% |
| 1999 | 3.17 % change on previous year | -84.8% |
| 2000 | 0.2539 % change on previous year | -92.0% |
| 2001 | -19.34 % change on previous year | -7714.8% |
| 2002 | -1.02 % change on previous year | -94.7% |
| 2003 | 27.73 % change on previous year | -2818.8% |
| 2004 | 18.07 % change on previous year | -34.9% |
| 2005 | 9.8 % change on previous year | -45.8% |
| 2006 | 18.77 % change on previous year | +91.5% |
| 2007 | 43.98 % change on previous year | +134.3% |
| 2008 | 38.53 % change on previous year | -12.4% |
| 2009 | -19.45 % change on previous year | -150.5% |
| 2010 | 31.64 % change on previous year | -262.7% |
| 2011 | 18.93 % change on previous year | -40.2% |
| 2012 | 31.69 % change on previous year | +67.4% |
| 2013 | 14.38 % change on previous year | -54.6% |
| 2014 | 10.82 % change on previous year | -24.7% |
| 2015 | 5.18 % change on previous year | -52.1% |
| 2016 | 2.08 % change on previous year | -59.9% |
| 2017 | 10.91 % change on previous year | +424.7% |
| 2018 | 3.93 % change on previous year | -64.0% |
| 2019 | -4.22 % change on previous year | -207.5% |
| 2020 | -48.54 % change on previous year | +1050.0% |
| 2021 | 54.33 % change on previous year | -211.9% |
| 2022 | 29.99 % change on previous year | -44.8% |
| 2023 | 14.59 % change on previous year | -51.3% |
| 2024 | -7.67 % change on previous year | -152.5% |
Panama compared with similar countries
- Panama's -7.67 % change on previous year is below the median for high income countries, which is 4.47 % change on previous year. (67 countries reporting)
- Panama's -7.67 % change on previous year is below the median for Latin America & Caribbean, which is 12.99 % change on previous year. (27 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU), annual growth rate (current) in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -7714.8% | 0.2539 % change on previous year | -19.34 % change on previous year |
| 2003 | +2818.8% | -1.02 % change on previous year | 27.73 % change on previous year |
| 1990 | +1203.0% | -17.88 % change on previous year | 197.24 % change on previous year |
| 2020 | -1050.0% | -4.22 % change on previous year | -48.54 % change on previous year |
| 1988 | -1006.6% | 7.13 % change on previous year | -64.66 % change on previous year |
| 1983 | -755.3% | 4.85 % change on previous year | -31.77 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.7 % change on previous year | -6.92 % change on previous year | 35.75 % change on previous year | 9 |
| 1970s | 14.09 % change on previous year | -20.67 % change on previous year | 32.76 % change on previous year | 10 |
| 1980s | -4.86 % change on previous year | -64.66 % change on previous year | 26.73 % change on previous year | 10 |
| 1990s | 31.02 % change on previous year | -32.49 % change on previous year | 197.24 % change on previous year | 10 |
| 2000s | 11.73 % change on previous year | -19.45 % change on previous year | 43.98 % change on previous year | 10 |
| 2010s | 12.53 % change on previous year | -4.22 % change on previous year | 31.69 % change on previous year | 10 |
| 2020s | 8.54 % change on previous year | -48.54 % change on previous year | 54.33 % change on previous year | 5 |
Countries ranked near Panama
- 169 Brunei -6.75 % change on previous year compare
- 170 Azerbaijan -6.9 % change on previous year compare
- 171 Faroe Islands -7.66 % change on previous year compare
- 173 Macao -8.53 % change on previous year compare
- 174 Burkina Faso -9.44 % change on previous year compare
- 175 Zambia -10.14 % change on previous year 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 (current lcu), annual growth rate in Panama?
- Gross capital formation (current lcu), annual growth rate in Panama was -7.67 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Panama?
- The highest recorded value was 197.24 % change on previous year in 1990.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Panama?
- The lowest recorded value was -64.66 % change on previous year in 1988.
- How does Panama rank for gross capital formation (current lcu), annual growth rate?
- Panama ranks 172nd out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Panama?
- Over the last ten years it is down 170.8%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation 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
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.