Gross Domestic Product, GDP in millions constant 2021 international $ in Panama
Panama: Gross Domestic Product, GDP in millions constant 2021 international $ was 0.0374 units per person in 2025. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Panama, 1991–2025
Source: Statizoid (derived). Measured in units per person.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Panama is 0.0374 units per person, measured in 2025. That is the highest value across all 35 years on record.
That represents a change of up 2.7% on the previous year and up 24.9% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Panama peaked at 0.0374 units per person in 2025 and was at its lowest, 0.0121 units per person, in 1991.
That places Panama 55th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Panama, year by year
| Year | units per person | Change |
|---|---|---|
| 1991 | 0.0121 units per person | — |
| 1992 | 0.0129 units per person | +6.0% |
| 1993 | 0.0133 units per person | +3.3% |
| 1994 | 0.0134 units per person | +0.8% |
| 1995 | 0.0133 units per person | -0.3% |
| 1996 | 0.0123 units per person | -7.7% |
| 1997 | 0.013 units per person | +5.6% |
| 1998 | 0.0138 units per person | +6.2% |
| 1999 | 0.0143 units per person | +3.1% |
| 2000 | 0.0146 units per person | +2.2% |
| 2001 | 0.0144 units per person | -1.0% |
| 2002 | 0.0145 units per person | +0.5% |
| 2003 | 0.015 units per person | +3.1% |
| 2004 | 0.0159 units per person | +6.1% |
| 2005 | 0.0169 units per person | +6.3% |
| 2006 | 0.0182 units per person | +7.8% |
| 2007 | 0.0202 units per person | +11.1% |
| 2008 | 0.0219 units per person | +8.2% |
| 2009 | 0.0218 units per person | -0.2% |
| 2010 | 0.0227 units per person | +4.2% |
| 2011 | 0.025 units per person | +9.9% |
| 2012 | 0.0269 units per person | +7.7% |
| 2013 | 0.0281 units per person | +4.5% |
| 2014 | 0.0289 units per person | +2.8% |
| 2015 | 0.0299 units per person | +3.5% |
| 2016 | 0.0308 units per person | +2.8% |
| 2017 | 0.032 units per person | +3.9% |
| 2018 | 0.0327 units per person | +2.2% |
| 2019 | 0.0332 units per person | +1.5% |
| 2020 | 0.0269 units per person | -18.9% |
| 2021 | 0.0309 units per person | +15.1% |
| 2022 | 0.0339 units per person | +9.6% |
| 2023 | 0.0359 units per person | +5.8% |
| 2024 | 0.0364 units per person | +1.5% |
| 2025 | 0.0374 units per person | +2.7% |
Panama compared with similar countries
- Panama's 0.0374 units per person is below the median for high income countries, which is 0.0493 units per person, 76% of the median. (62 countries reporting)
- Panama's 0.0374 units per person is above the median for Latin America & Caribbean, which is 0.0202 units per person, 1.8× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0132 units per person | 0.0121 units per person | 0.0143 units per person | 9 |
| 2000s | 0.0173 units per person | 0.0144 units per person | 0.0219 units per person | 10 |
| 2010s | 0.029 units per person | 0.0227 units per person | 0.0332 units per person | 10 |
| 2020s | 0.0336 units per person | 0.0269 units per person | 0.0374 units per person | 6 |
Countries ranked near Panama
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 in millions constant 2021 international $ in Panama?
- Gross domestic product, gdp in millions constant 2021 international $ in Panama was 0.0374 units per person in 2025, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Panama?
- The highest recorded value was 0.0374 units per person in 2025.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Panama?
- The lowest recorded value was 0.0121 units per person in 1991.
- How does Panama rank for gross domestic product, gdp in millions constant 2021 international $?
- Panama ranks 55th out of 186 countries with data for 2025.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Panama?
- Over the last ten years it is up 24.9%. 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 Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Population, total
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
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 Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.