Gross domestic product (GDP), per capita (Bolt) in Panama
Panama: Gross domestic product (GDP), per capita (Bolt) was 21,533 international-$ in 2011 prices per person in 2022. ◆ Volatile
Latest (2022)
21,533 international-$ in 2011 prices per person
Change on year
up 9.4%
World rank
54th
of 164 countries
All-time high
21,533 international-$ in 2011 prices per person
in 2022
All-time low
3,280 international-$ in 2011 prices per person
in 1960
Years of data
63
1960–2022
Gross domestic product (GDP), per capita in Panama, 1960–2022
Source: Statizoid (derived). Measured in international-$ in 2011 prices per person.
Analysis
The most recent figure for gross domestic product (gdp), per capita in Panama is 21,533 international-$ in 2011 prices per person, measured in 2022. That is the highest value across all 63 years on record.
The figure is up 9.4% on the previous year and up 27.8% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Panama peaked at 21,533 international-$ in 2011 prices per person in 2022 and was at its lowest, 3,280 international-$ in 2011 prices per person, in 1960.
Panama ranks 54th of 164 countries on this measure, 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), per capita (Bolt) in Panama, year by year
| Year | international-$ in 2011 prices per person | Change |
|---|---|---|
| 1960 | 3,280 international-$ in 2011 prices per person | — |
| 1961 | 3,525 international-$ in 2011 prices per person | +7.5% |
| 1962 | 3,710 international-$ in 2011 prices per person | +5.3% |
| 1963 | 3,936 international-$ in 2011 prices per person | +6.1% |
| 1964 | 3,984 international-$ in 2011 prices per person | +1.2% |
| 1965 | 4,205 international-$ in 2011 prices per person | +5.5% |
| 1966 | 4,384 international-$ in 2011 prices per person | +4.3% |
| 1967 | 4,613 international-$ in 2011 prices per person | +5.2% |
| 1968 | 4,810 international-$ in 2011 prices per person | +4.3% |
| 1969 | 5,037 international-$ in 2011 prices per person | +4.7% |
| 1970 | 5,192 international-$ in 2011 prices per person | +3.1% |
| 1971 | 5,534 international-$ in 2011 prices per person | +6.6% |
| 1972 | 5,631 international-$ in 2011 prices per person | +1.8% |
| 1973 | 5,776 international-$ in 2011 prices per person | +2.6% |
| 1974 | 5,759 international-$ in 2011 prices per person | -0.3% |
| 1975 | 5,703 international-$ in 2011 prices per person | -1.0% |
| 1976 | 5,652 international-$ in 2011 prices per person | -0.9% |
| 1977 | 5,574 international-$ in 2011 prices per person | -1.4% |
| 1978 | 5,974 international-$ in 2011 prices per person | +7.2% |
| 1979 | 6,096 international-$ in 2011 prices per person | +2.0% |
| 1980 | 6,858 international-$ in 2011 prices per person | +12.5% |
| 1981 | 7,293 international-$ in 2011 prices per person | +6.4% |
| 1982 | 7,400 international-$ in 2011 prices per person | +1.5% |
| 1983 | 7,117 international-$ in 2011 prices per person | -3.8% |
| 1984 | 7,099 international-$ in 2011 prices per person | -0.3% |
| 1985 | 7,293 international-$ in 2011 prices per person | +2.7% |
| 1986 | 7,446 international-$ in 2011 prices per person | +2.1% |
| 1987 | 7,503 international-$ in 2011 prices per person | +0.8% |
| 1988 | 6,597 international-$ in 2011 prices per person | -12.1% |
| 1989 | 6,556 international-$ in 2011 prices per person | -0.6% |
| 1990 | 6,938 international-$ in 2011 prices per person | +5.8% |
| 1991 | 7,454 international-$ in 2011 prices per person | +7.4% |
| 1992 | 7,918 international-$ in 2011 prices per person | +6.2% |
| 1993 | 8,202 international-$ in 2011 prices per person | +3.6% |
| 1994 | 8,288 international-$ in 2011 prices per person | +1.1% |
| 1995 | 8,284 international-$ in 2011 prices per person | -0.1% |
| 1996 | 8,371 international-$ in 2011 prices per person | +1.1% |
| 1997 | 8,759 international-$ in 2011 prices per person | +4.6% |
| 1998 | 9,240 international-$ in 2011 prices per person | +5.5% |
| 1999 | 9,441 international-$ in 2011 prices per person | +2.2% |
| 2000 | 9,536 international-$ in 2011 prices per person | +1.0% |
| 2001 | 9,429 international-$ in 2011 prices per person | -1.1% |
| 2002 | 9,481 international-$ in 2011 prices per person | +0.5% |
| 2003 | 9,721 international-$ in 2011 prices per person | +2.5% |
| 2004 | 10,282 international-$ in 2011 prices per person | +5.8% |
| 2005 | 10,846 international-$ in 2011 prices per person | +5.5% |
| 2006 | 11,585 international-$ in 2011 prices per person | +6.8% |
| 2007 | 12,788 international-$ in 2011 prices per person | +10.4% |
| 2008 | 13,679 international-$ in 2011 prices per person | +7.0% |
| 2009 | 13,683 international-$ in 2011 prices per person | +0.0% |
| 2010 | 14,260 international-$ in 2011 prices per person | +4.2% |
| 2011 | 15,702 international-$ in 2011 prices per person | +10.1% |
| 2012 | 16,854 international-$ in 2011 prices per person | +7.3% |
| 2013 | 17,658 international-$ in 2011 prices per person | +4.8% |
| 2014 | 18,406 international-$ in 2011 prices per person | +4.2% |
| 2015 | 19,137 international-$ in 2011 prices per person | +4.0% |
| 2016 | 19,720 international-$ in 2011 prices per person | +3.0% |
| 2017 | 20,448 international-$ in 2011 prices per person | +3.7% |
| 2018 | 20,831 international-$ in 2011 prices per person | +1.9% |
| 2019 | 21,175 international-$ in 2011 prices per person | +1.7% |
| 2020 | 17,196 international-$ in 2011 prices per person | -18.8% |
| 2021 | 19,680 international-$ in 2011 prices per person | +14.4% |
| 2022 | 21,533 international-$ in 2011 prices per person | +9.4% |
Panama compared with similar countries
- Panama's 21,533 international-$ in 2011 prices per person is below the median for high income countries, which is 37,494 international-$ in 2011 prices per person, 57% of the median. (55 countries reporting)
- Panama's 21,533 international-$ in 2011 prices per person is above the median for Latin America & Caribbean, which is 10,155 international-$ in 2011 prices per person, 2.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4,149 international-$ in 2011 prices per person | 3,280 international-$ in 2011 prices per person | 5,037 international-$ in 2011 prices per person | 10 |
| 1970s | 5,689 international-$ in 2011 prices per person | 5,192 international-$ in 2011 prices per person | 6,096 international-$ in 2011 prices per person | 10 |
| 1980s | 7,116 international-$ in 2011 prices per person | 6,556 international-$ in 2011 prices per person | 7,503 international-$ in 2011 prices per person | 10 |
| 1990s | 8,290 international-$ in 2011 prices per person | 6,938 international-$ in 2011 prices per person | 9,441 international-$ in 2011 prices per person | 10 |
| 2000s | 11,103 international-$ in 2011 prices per person | 9,429 international-$ in 2011 prices per person | 13,683 international-$ in 2011 prices per person | 10 |
| 2010s | 18,419 international-$ in 2011 prices per person | 14,260 international-$ in 2011 prices per person | 21,175 international-$ in 2011 prices per person | 10 |
| 2020s | 19,470 international-$ in 2011 prices per person | 17,196 international-$ in 2011 prices per person | 21,533 international-$ in 2011 prices per person | 3 |
Countries ranked near Panama
- 51 Greece 25,282 international-$ in 2011 prices per person compare
- 52 Kazakhstan 25,138 international-$ in 2011 prices per person compare
- 53 Chile 22,929 international-$ in 2011 prices per person compare
- 55 Bulgaria 21,406 international-$ in 2011 prices per person compare
- 56 Mauritius 21,377 international-$ in 2011 prices per person compare
- 57 Montenegro 20,485 international-$ in 2011 prices per person 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), per capita in Panama?
- Gross domestic product (gdp), per capita in Panama was 21,533 international-$ in 2011 prices per person in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Panama?
- The highest recorded value was 21,533 international-$ in 2011 prices per person in 2022.
- What is the lowest gross domestic product (gdp), per capita recorded in Panama?
- The lowest recorded value was 3,280 international-$ in 2011 prices per person in 1960.
- How does Panama rank for gross domestic product (gdp), per capita?
- Panama ranks 54th out of 164 countries with data for 2022.
- Is gross domestic product (gdp), per capita rising or falling in Panama?
- Over the last ten years it is up 27.8%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) 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) ÷ Population, total
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
- 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) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.