Gross domestic product (GDP), Current prices, Domestic currency in Panama
Panama: Gross domestic product (GDP), Current prices, Domestic currency was 66.79 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Panama, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Panama is 66.79, measured in 2019. That is the highest value across all 60 years on record.
That represents a change of up 2.9% on the previous year and up 146.3% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Panama peaked at 66.79 in 2019 and was at its lowest, 0.4768, in 1960.
Panama ranks 146th of 194 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 domestic product (GDP), Current prices, Domestic currency in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.4768 | — |
| 1961 | 0.5317 | +11.5% |
| 1962 | 0.5788 | +8.9% |
| 1963 | 0.6415 | +10.8% |
| 1964 | 0.6889 | +7.4% |
| 1965 | 0.7567 | +9.8% |
| 1966 | 0.8244 | +9.0% |
| 1967 | 0.9181 | +11.4% |
| 1968 | 0.9877 | +7.6% |
| 1969 | 1.08 | +9.8% |
| 1970 | 1.17 | +7.5% |
| 1971 | 1.31 | +12.8% |
| 1972 | 1.44 | +9.9% |
| 1973 | 1.65 | +14.4% |
| 1974 | 1.89 | +14.3% |
| 1975 | 2.12 | +12.0% |
| 1976 | 2.25 | +6.2% |
| 1977 | 2.38 | +6.0% |
| 1978 | 2.82 | +18.6% |
| 1979 | 3.23 | +14.5% |
| 1980 | 4.12 | +27.4% |
| 1981 | 4.64 | +12.6% |
| 1982 | 4.91 | +5.9% |
| 1983 | 5.16 | +5.1% |
| 1984 | 5.46 | +5.7% |
| 1985 | 5.82 | +6.6% |
| 1986 | 6.15 | +5.7% |
| 1987 | 6.34 | +3.1% |
| 1988 | 5.66 | -10.6% |
| 1989 | 5.68 | +0.3% |
| 1990 | 6.17 | +8.7% |
| 1991 | 6.79 | +10.0% |
| 1992 | 7.72 | +13.7% |
| 1993 | 8.43 | +9.2% |
| 1994 | 8.99 | +6.6% |
| 1995 | 9.19 | +2.2% |
| 1996 | 9.47 | +3.1% |
| 1997 | 10.25 | +8.2% |
| 1998 | 11.11 | +8.4% |
| 1999 | 11.64 | +4.8% |
| 2000 | 11.81 | +1.4% |
| 2001 | 12 | +1.6% |
| 2002 | 12.47 | +3.9% |
| 2003 | 13.14 | +5.4% |
| 2004 | 14.41 | +9.6% |
| 2005 | 15.71 | +9.1% |
| 2006 | 17.41 | +10.8% |
| 2007 | 21.3 | +22.3% |
| 2008 | 25.16 | +18.1% |
| 2009 | 27.12 | +7.8% |
| 2010 | 29.44 | +8.6% |
| 2011 | 34.69 | +17.8% |
| 2012 | 40.43 | +16.6% |
| 2013 | 45.6 | +12.8% |
| 2014 | 49.92 | +9.5% |
| 2015 | 54.09 | +8.4% |
| 2016 | 57.91 | +7.1% |
| 2017 | 62.2 | +7.4% |
| 2018 | 64.93 | +4.4% |
| 2019 | 66.79 | +2.9% |
Panama compared with similar countries
- Panama's 66.79 is below the median for high income countries, which is 434.67, 15% of the median. (65 countries reporting)
- Panama's 66.79 is below the median for Latin America & Caribbean, which is 348.65, 19% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7489 | 0.4768 | 1.08 | 10 |
| 1970s | 2.03 | 1.17 | 3.23 | 10 |
| 1980s | 5.39 | 4.12 | 6.34 | 10 |
| 1990s | 8.98 | 6.17 | 11.64 | 10 |
| 2000s | 17.05 | 11.81 | 27.12 | 10 |
| 2010s | 50.6 | 29.44 | 66.79 | 10 |
Countries ranked near Panama
- 143 Papua New Guinea 84.59 compare
- 144 Azerbaijan 81.68 compare
- 145 Tajikistan 79.42 compare
- 147 Eswatini 66.4 compare
- 148 Luxembourg 63.49 compare
- 149 Georgia 50 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 domestic product (gdp), current prices, domestic currency in Panama?
- Gross domestic product (gdp), current prices, domestic currency in Panama was 66.79 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Panama?
- The highest recorded value was 66.79 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Panama?
- The lowest recorded value was 0.4768 in 1960.
- How does Panama rank for gross domestic product (gdp), current prices, domestic currency?
- Panama ranks 146th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Panama?
- Over the last ten years it is up 146.3%. 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), Current prices, Domestic currency. 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.