Gross domestic product (GDP), Constant prices, Purchasing power in Panama
Panama: Gross domestic product (GDP), Constant prices, Purchasing power was 129.13 in 2019. ◆ Volatile
Latest (2019)
129.13
Change on year
up 3.0%
World rank
80th
of 193 countries
All-time high
129.13
in 2019
All-time low
4.9
in 1960
Years of data
60
1960–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Panama, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Panama stood at 129.13. That is the highest value across all 60 years on record.
The figure is up 3.0% on the previous year and up 81.7% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Panama peaked at 129.13 in 2019 and was at its lowest, 4.9, in 1960.
That places Panama 80th out of 193 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 4.9 | — |
| 1961 | 5.43 | +10.8% |
| 1962 | 5.87 | +8.2% |
| 1963 | 6.38 | +8.5% |
| 1964 | 6.66 | +4.4% |
| 1965 | 7.27 | +9.2% |
| 1966 | 7.82 | +7.6% |
| 1967 | 8.49 | +8.6% |
| 1968 | 9.08 | +7.0% |
| 1969 | 9.85 | +8.4% |
| 1970 | 11.97 | +21.5% |
| 1971 | 13.12 | +9.6% |
| 1972 | 13.72 | +4.6% |
| 1973 | 14.46 | +5.4% |
| 1974 | 14.81 | +2.4% |
| 1975 | 15.05 | +1.6% |
| 1976 | 15.3 | +1.6% |
| 1977 | 15.47 | +1.1% |
| 1978 | 16.98 | +9.8% |
| 1979 | 17.74 | +4.5% |
| 1980 | 20.44 | +15.2% |
| 1981 | 22.27 | +8.9% |
| 1982 | 23.13 | +3.9% |
| 1983 | 22.77 | -1.5% |
| 1984 | 23.26 | +2.2% |
| 1985 | 24.45 | +5.1% |
| 1986 | 25.54 | +4.5% |
| 1987 | 26.31 | +3.0% |
| 1988 | 23.64 | -10.1% |
| 1989 | 24.01 | +1.6% |
| 1990 | 25.96 | +8.1% |
| 1991 | 28.4 | +9.4% |
| 1992 | 30.73 | +8.2% |
| 1993 | 32.41 | +5.5% |
| 1994 | 33.33 | +2.9% |
| 1995 | 33.91 | +1.8% |
| 1996 | 34.87 | +2.8% |
| 1997 | 37.12 | +6.5% |
| 1998 | 39.85 | +7.3% |
| 1999 | 41.41 | +3.9% |
| 2000 | 42.53 | +2.7% |
| 2001 | 42.78 | +0.6% |
| 2002 | 43.73 | +2.2% |
| 2003 | 45.57 | +4.2% |
| 2004 | 49 | +7.5% |
| 2005 | 52.52 | +7.2% |
| 2006 | 57 | +8.5% |
| 2007 | 63.9 | +12.1% |
| 2008 | 70.2 | +9.9% |
| 2009 | 71.07 | +1.2% |
| 2010 | 75.21 | +5.8% |
| 2011 | 83.72 | +11.3% |
| 2012 | 91.91 | +9.8% |
| 2013 | 98.26 | +6.9% |
| 2014 | 103.23 | +5.1% |
| 2015 | 109.15 | +5.7% |
| 2016 | 114.56 | +5.0% |
| 2017 | 120.96 | +5.6% |
| 2018 | 125.32 | +3.6% |
| 2019 | 129.13 | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.17 | 4.9 | 9.85 | 10 |
| 1970s | 14.86 | 11.97 | 17.74 | 10 |
| 1980s | 23.58 | 20.44 | 26.31 | 10 |
| 1990s | 33.8 | 25.96 | 41.41 | 10 |
| 2000s | 53.83 | 42.53 | 71.07 | 10 |
| 2010s | 105.15 | 75.21 | 129.13 | 10 |
Countries ranked near Panama
- 77 Tanzania, United Republic of 139.84 compare
- 78 Guatemala 136.15 compare
- 79 Tunisia 129.37 compare
- 81 Côte d'Ivoire 126.26 compare
- 82 Serbia 122.93 compare
- 83 Syrian Arab Republic 122.26 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 product (gdp), constant prices, purchasing power in Panama?
- Gross domestic product (gdp), constant prices, purchasing power in Panama was 129.13 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Panama?
- The highest recorded value was 129.13 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Panama?
- The lowest recorded value was 4.9 in 1960.
- How does Panama rank for gross domestic product (gdp), constant prices, purchasing power?
- Panama ranks 80th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Panama?
- Over the last ten years it is up 81.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.