Gross domestic income (constant LCU), per unit of GDP in Panama
Panama: Gross domestic income (constant LCU), per unit of GDP was 0.9571 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross domestic income (constant LCU), per unit of GDP in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Panama recorded 0.9571 constant LCU per US$ of GDP for gross domestic income (constant lcu), per unit of gdp in 2024.
That represents a change of up 0.1% on the previous year and down 11.0% over ten years.
Over the whole period, gross domestic income (constant lcu), per unit of gdp in Panama peaked at 1.77 constant LCU per US$ of GDP in 1997 and was at its lowest, 0.9562 constant LCU per US$ of GDP, in 2023.
Panama ranks 131st of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Gross domestic income (constant LCU), per unit of GDP in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1996 | 1.76 constant LCU per US$ of GDP | — |
| 1997 | 1.77 constant LCU per US$ of GDP | +0.5% |
| 1998 | 1.77 constant LCU per US$ of GDP | -0.3% |
| 1999 | 1.74 constant LCU per US$ of GDP | -1.2% |
| 2000 | 1.75 constant LCU per US$ of GDP | +0.4% |
| 2001 | 1.74 constant LCU per US$ of GDP | -0.8% |
| 2002 | 1.72 constant LCU per US$ of GDP | -1.0% |
| 2003 | 1.76 constant LCU per US$ of GDP | +2.5% |
| 2004 | 1.67 constant LCU per US$ of GDP | -5.3% |
| 2005 | 1.67 constant LCU per US$ of GDP | -0.1% |
| 2006 | 1.61 constant LCU per US$ of GDP | -3.3% |
| 2007 | 1.53 constant LCU per US$ of GDP | -4.8% |
| 2008 | 1.42 constant LCU per US$ of GDP | -7.5% |
| 2009 | 1.37 constant LCU per US$ of GDP | -3.7% |
| 2010 | 1.33 constant LCU per US$ of GDP | -2.6% |
| 2011 | 1.26 constant LCU per US$ of GDP | -5.6% |
| 2012 | 1.18 constant LCU per US$ of GDP | -6.2% |
| 2013 | 1.13 constant LCU per US$ of GDP | -4.6% |
| 2014 | 1.08 constant LCU per US$ of GDP | -4.5% |
| 2015 | 1.06 constant LCU per US$ of GDP | -1.1% |
| 2016 | 1.04 constant LCU per US$ of GDP | -2.2% |
| 2017 | 1.01 constant LCU per US$ of GDP | -2.4% |
| 2018 | 1 constant LCU per US$ of GDP | -1.4% |
| 2019 | 0.9962 constant LCU per US$ of GDP | -0.4% |
| 2020 | 1 constant LCU per US$ of GDP | +0.6% |
| 2021 | 0.9852 constant LCU per US$ of GDP | -1.7% |
| 2022 | 0.9598 constant LCU per US$ of GDP | -2.6% |
| 2023 | 0.9562 constant LCU per US$ of GDP | -0.4% |
| 2024 | 0.9571 constant LCU per US$ of GDP | +0.1% |
Panama compared with similar countries
- Panama's 0.9571 constant LCU per US$ of GDP is above the median for high income countries, which is 0.788 constant LCU per US$ of GDP, 1.2× the median. (63 countries reporting)
- Panama's 0.9571 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 5.27 constant LCU per US$ of GDP, 18% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.76 constant LCU per US$ of GDP | 1.74 constant LCU per US$ of GDP | 1.77 constant LCU per US$ of GDP | 4 |
| 2000s | 1.62 constant LCU per US$ of GDP | 1.37 constant LCU per US$ of GDP | 1.76 constant LCU per US$ of GDP | 10 |
| 2010s | 1.11 constant LCU per US$ of GDP | 0.9962 constant LCU per US$ of GDP | 1.33 constant LCU per US$ of GDP | 10 |
| 2020s | 0.9721 constant LCU per US$ of GDP | 0.9562 constant LCU per US$ of GDP | 1 constant LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 128 Canada 1.15 constant LCU per US$ of GDP compare
- 129 Singapore 1.13 constant LCU per US$ of GDP compare
- 130 Kiribati 1.11 constant LCU per US$ of GDP compare
- 132 Ecuador 0.9129 constant LCU per US$ of GDP compare
- 133 East Timor 0.8922 constant LCU per US$ of GDP compare
- 134 Bahamas 0.8723 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross domestic income (constant lcu), per unit of gdp in Panama?
- Gross domestic income (constant lcu), per unit of gdp in Panama was 0.9571 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic income (constant lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 1.77 constant LCU per US$ of GDP in 1997.
- What is the lowest gross domestic income (constant lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.9562 constant LCU per US$ of GDP in 2023.
- How does Panama rank for gross domestic income (constant lcu), per unit of gdp?
- Panama ranks 131st out of 179 countries with data for 2024.
- Is gross domestic income (constant lcu), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 11.0%. 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 domestic income (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic income (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic income (constant LCU) ÷ GDP (current US$)
Computed from
- Gross domestic income 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 domestic income (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.