Gross Domestic Product, GDP in millions constant 2021 international $ in Panama
Panama: Gross Domestic Product, GDP in millions constant 2021 international $ was 184,865 in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Panama, 1991–2027
Source: International Labour Organization.
Analysis
Panama recorded 184,865 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
The figure is up 4.0% on the previous year and up 41.0% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Panama peaked at 184,865 in 2027 and was at its lowest, 30,458, in 1991.
That places Panama 81st out of 188 countries with data for 2027, 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 in millions constant 2021 international $ in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 30,458 | — |
| 1992 | 32,956 | +8.2% |
| 1993 | 34,754 | +5.5% |
| 1994 | 35,745 | +2.9% |
| 1995 | 36,371 | +1.8% |
| 1996 | 34,274 | -5.8% |
| 1997 | 36,916 | +7.7% |
| 1998 | 40,013 | +8.4% |
| 1999 | 42,098 | +5.2% |
| 2000 | 43,870 | +4.2% |
| 2001 | 44,287 | +1.0% |
| 2002 | 45,398 | +2.5% |
| 2003 | 47,712 | +5.1% |
| 2004 | 51,612 | +8.2% |
| 2005 | 55,884 | +8.3% |
| 2006 | 61,393 | +9.9% |
| 2007 | 69,468 | +13.2% |
| 2008 | 76,552 | +10.2% |
| 2009 | 77,785 | +1.6% |
| 2010 | 82,510 | +6.1% |
| 2011 | 92,336 | +11.9% |
| 2012 | 101,225 | +9.6% |
| 2013 | 107,627 | +6.3% |
| 2014 | 112,606 | +4.6% |
| 2015 | 118,536 | +5.3% |
| 2016 | 123,956 | +4.6% |
| 2017 | 131,076 | +5.7% |
| 2018 | 136,212 | +3.9% |
| 2019 | 140,438 | +3.1% |
| 2020 | 115,411 | -17.8% |
| 2021 | 134,416 | +16.5% |
| 2022 | 149,254 | +11.0% |
| 2023 | 159,949 | +7.2% |
| 2024 | 164,345 | +2.7% |
| 2025 | 170,918 | +4.0% |
| 2026 | 177,755 | +4.0% |
| 2027 | 184,865 | +4.0% |
Panama compared with similar countries
- Panama's 184,865 is below the median for high income countries, which is 390,765, 47% of the median. (62 countries reporting)
- Panama's 184,865 is above the median for Latin America & Caribbean, which is 125,506, 1.5× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35,954 | 30,458 | 42,098 | 9 |
| 2000s | 57,396 | 43,870 | 77,785 | 10 |
| 2010s | 114,652 | 82,510 | 140,438 | 10 |
| 2020s | 157,114 | 115,411 | 184,865 | 8 |
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 184,865 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Panama?
- The highest recorded value was 184,865 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Panama?
- The lowest recorded value was 30,458 in 1991.
- How does Panama rank for gross domestic product, gdp in millions constant 2021 international $?
- Panama ranks 81st out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Panama?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.