Gross capital formation (current US$), per unit of GDP in Panama
Panama: Gross capital formation (current US$), per unit of GDP was 0.3353 current US$ per US$ of GDP in 2024. ▲ Rising
Gross capital formation (current US$), per unit of GDP in Panama, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross capital formation (current us$), per unit of gdp in Panama stood at 0.3353 current US$ per US$ of GDP.
Compared with earlier readings it is down 10.6% on the previous year and down 23.0% over ten years.
Over the whole period, gross capital formation (current us$), per unit of gdp in Panama peaked at 0.4357 current US$ per US$ of GDP in 2014 and was at its lowest, 0.0773 current US$ per US$ of GDP, in 1989.
That places Panama 19th out of 187 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Gross capital formation (current US$), per unit of GDP in Panama, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.2131 current US$ per US$ of GDP | — |
| 1961 | 0.2492 current US$ per US$ of GDP | +16.9% |
| 1962 | 0.2561 current US$ per US$ of GDP | +2.8% |
| 1963 | 0.2565 current US$ per US$ of GDP | +0.2% |
| 1964 | 0.2224 current US$ per US$ of GDP | -13.3% |
| 1965 | 0.2294 current US$ per US$ of GDP | +3.2% |
| 1966 | 0.2858 current US$ per US$ of GDP | +24.6% |
| 1967 | 0.2749 current US$ per US$ of GDP | -3.8% |
| 1968 | 0.2912 current US$ per US$ of GDP | +5.9% |
| 1969 | 0.3074 current US$ per US$ of GDP | +5.5% |
| 1970 | 0.3443 current US$ per US$ of GDP | +12.0% |
| 1971 | 0.3757 current US$ per US$ of GDP | +9.1% |
| 1972 | 0.3936 current US$ per US$ of GDP | +4.8% |
| 1973 | 0.4153 current US$ per US$ of GDP | +5.5% |
| 1974 | 0.4158 current US$ per US$ of GDP | +0.1% |
| 1975 | 0.3812 current US$ per US$ of GDP | -8.3% |
| 1976 | 0.3912 current US$ per US$ of GDP | +2.6% |
| 1977 | 0.2934 current US$ per US$ of GDP | -25.0% |
| 1978 | 0.3287 current US$ per US$ of GDP | +12.0% |
| 1979 | 0.3471 current US$ per US$ of GDP | +5.6% |
| 1980 | 0.3531 current US$ per US$ of GDP | +1.7% |
| 1981 | 0.3563 current US$ per US$ of GDP | +0.9% |
| 1982 | 0.3381 current US$ per US$ of GDP | -5.1% |
| 1983 | 0.2247 current US$ per US$ of GDP | -33.5% |
| 1984 | 0.1863 current US$ per US$ of GDP | -17.1% |
| 1985 | 0.1912 current US$ per US$ of GDP | +2.7% |
| 1986 | 0.2165 current US$ per US$ of GDP | +13.2% |
| 1987 | 0.2309 current US$ per US$ of GDP | +6.7% |
| 1988 | 0.0944 current US$ per US$ of GDP | -59.1% |
| 1989 | 0.0773 current US$ per US$ of GDP | -18.1% |
| 1990 | 0.2114 current US$ per US$ of GDP | +173.4% |
| 1991 | 0.2411 current US$ per US$ of GDP | +14.0% |
| 1992 | 0.2976 current US$ per US$ of GDP | +23.4% |
| 1993 | 0.3106 current US$ per US$ of GDP | +4.4% |
| 1994 | 0.3368 current US$ per US$ of GDP | +8.4% |
| 1995 | 0.3804 current US$ per US$ of GDP | +12.9% |
| 1996 | 0.2674 current US$ per US$ of GDP | -29.7% |
| 1997 | 0.2704 current US$ per US$ of GDP | +1.1% |
| 1998 | 0.2982 current US$ per US$ of GDP | +10.3% |
| 1999 | 0.2908 current US$ per US$ of GDP | -2.5% |
| 2000 | 0.2841 current US$ per US$ of GDP | -2.3% |
| 2001 | 0.2238 current US$ per US$ of GDP | -21.2% |
| 2002 | 0.212 current US$ per US$ of GDP | -5.3% |
| 2003 | 0.2548 current US$ per US$ of GDP | +20.2% |
| 2004 | 0.2711 current US$ per US$ of GDP | +6.4% |
| 2005 | 0.2703 current US$ per US$ of GDP | -0.3% |
| 2006 | 0.2861 current US$ per US$ of GDP | +5.8% |
| 2007 | 0.3539 current US$ per US$ of GDP | +23.7% |
| 2008 | 0.4139 current US$ per US$ of GDP | +17.0% |
| 2009 | 0.3086 current US$ per US$ of GDP | -25.5% |
| 2010 | 0.3734 current US$ per US$ of GDP | +21.0% |
| 2011 | 0.3762 current US$ per US$ of GDP | +0.7% |
| 2012 | 0.425 current US$ per US$ of GDP | +13.0% |
| 2013 | 0.4307 current US$ per US$ of GDP | +1.3% |
| 2014 | 0.4357 current US$ per US$ of GDP | +1.2% |
| 2015 | 0.4227 current US$ per US$ of GDP | -3.0% |
| 2016 | 0.4026 current US$ per US$ of GDP | -4.7% |
| 2017 | 0.4148 current US$ per US$ of GDP | +3.0% |
| 2018 | 0.412 current US$ per US$ of GDP | -0.7% |
| 2019 | 0.3807 current US$ per US$ of GDP | -7.6% |
| 2020 | 0.2395 current US$ per US$ of GDP | -37.1% |
| 2021 | 0.313 current US$ per US$ of GDP | +30.7% |
| 2022 | 0.3585 current US$ per US$ of GDP | +14.6% |
| 2023 | 0.3749 current US$ per US$ of GDP | +4.6% |
| 2024 | 0.3353 current US$ per US$ of GDP | -10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2586 current US$ per US$ of GDP | 0.2131 current US$ per US$ of GDP | 0.3074 current US$ per US$ of GDP | 10 |
| 1970s | 0.3686 current US$ per US$ of GDP | 0.2934 current US$ per US$ of GDP | 0.4158 current US$ per US$ of GDP | 10 |
| 1980s | 0.2269 current US$ per US$ of GDP | 0.0773 current US$ per US$ of GDP | 0.3563 current US$ per US$ of GDP | 10 |
| 1990s | 0.2905 current US$ per US$ of GDP | 0.2114 current US$ per US$ of GDP | 0.3804 current US$ per US$ of GDP | 10 |
| 2000s | 0.2878 current US$ per US$ of GDP | 0.212 current US$ per US$ of GDP | 0.4139 current US$ per US$ of GDP | 10 |
| 2010s | 0.4074 current US$ per US$ of GDP | 0.3734 current US$ per US$ of GDP | 0.4357 current US$ per US$ of GDP | 10 |
| 2020s | 0.3243 current US$ per US$ of GDP | 0.2395 current US$ per US$ of GDP | 0.3749 current US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 16 Kosovo 0.346 current US$ per US$ of GDP compare
- 16 Kosovo (UNSCR 1244) 0.346 current US$ per US$ of GDP compare
- 18 Rwanda 0.3413 current US$ per US$ of GDP compare
- 20 Uzbekistan 0.3328 current US$ per US$ of GDP compare
- 21 Tajikistan 0.3243 current US$ per US$ of GDP compare
- 22 Guyana 0.3233 current 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)
- Gross capital formation (current US$), annual growth rate -7.67 % change on previous year (2024)
- Gross capital formation (current US$), per capita 6,426 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -7.67 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3353 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 6,426 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -7.13 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2986 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 5,722 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current us$), per unit of gdp in Panama?
- Gross capital formation (current us$), per unit of gdp in Panama was 0.3353 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per unit of gdp recorded in Panama?
- The highest recorded value was 0.4357 current US$ per US$ of GDP in 2014.
- What is the lowest gross capital formation (current us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.0773 current US$ per US$ of GDP in 1989.
- How does Panama rank for gross capital formation (current us$), per unit of gdp?
- Panama ranks 19th out of 187 countries with data for 2024.
- Is gross capital formation (current us$), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.