Gross domestic product (GDP), per square kilometre in Panama
Panama: Gross domestic product (GDP), per square kilometre was 2.16 million international-$ in 2021 prices per square kilometre in 2023. ◆ Volatile
Latest (2023)
2.16 million international-$ in 2021 prices per square kilometre
Change on year
up 7.2%
World rank
73rd
of 198 countries
All-time high
2.16 million international-$ in 2021 prices per square kilometre
in 2023
All-time low
339,027 international-$ in 2021 prices per square kilometre
in 1990
Years of data
34
1990–2023
Gross domestic product (GDP), per square kilometre in Panama, 1990–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per square kilometre.
Analysis
The most recent figure for gross domestic product (gdp), per square kilometre in Panama is 2.16 million international-$ in 2021 prices per square kilometre, measured in 2023. That is the highest value across all 34 years on record.
That represents a change of up 7.2% on the previous year and up 48.9% over ten years.
Over the whole period, gross domestic product (gdp), per square kilometre in Panama peaked at 2.16 million international-$ in 2021 prices per square kilometre in 2023 and was at its lowest, 339,027 international-$ in 2021 prices per square kilometre, in 1990.
That places Panama 73rd out of 198 countries with data for 2023, 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), per square kilometre in Panama, year by year
| Year | international-$ in 2021 prices per square kilometre | Change |
|---|---|---|
| 1990 | 339,027 international-$ in 2021 prices per square kilometre | — |
| 1991 | 370,962 international-$ in 2021 prices per square kilometre | +9.4% |
| 1992 | 401,387 international-$ in 2021 prices per square kilometre | +8.2% |
| 1993 | 423,285 international-$ in 2021 prices per square kilometre | +5.5% |
| 1994 | 435,350 international-$ in 2021 prices per square kilometre | +2.9% |
| 1995 | 442,976 international-$ in 2021 prices per square kilometre | +1.8% |
| 1996 | 461,047 international-$ in 2021 prices per square kilometre | +4.1% |
| 1997 | 496,590 international-$ in 2021 prices per square kilometre | +7.7% |
| 1998 | 538,240 international-$ in 2021 prices per square kilometre | +8.4% |
| 1999 | 566,291 international-$ in 2021 prices per square kilometre | +5.2% |
| 2000 | 590,126 international-$ in 2021 prices per square kilometre | +4.2% |
| 2001 | 595,733 international-$ in 2021 prices per square kilometre | +1.0% |
| 2002 | 610,679 international-$ in 2021 prices per square kilometre | +2.5% |
| 2003 | 641,804 international-$ in 2021 prices per square kilometre | +5.1% |
| 2004 | 694,276 international-$ in 2021 prices per square kilometre | +8.2% |
| 2005 | 751,735 international-$ in 2021 prices per square kilometre | +8.3% |
| 2006 | 825,835 international-$ in 2021 prices per square kilometre | +9.9% |
| 2007 | 934,459 international-$ in 2021 prices per square kilometre | +13.2% |
| 2008 | 1.03 million international-$ in 2021 prices per square kilometre | +10.2% |
| 2009 | 1.05 million international-$ in 2021 prices per square kilometre | +1.6% |
| 2010 | 1.11 million international-$ in 2021 prices per square kilometre | +6.1% |
| 2011 | 1.24 million international-$ in 2021 prices per square kilometre | +11.9% |
| 2012 | 1.36 million international-$ in 2021 prices per square kilometre | +9.6% |
| 2013 | 1.45 million international-$ in 2021 prices per square kilometre | +6.3% |
| 2014 | 1.52 million international-$ in 2021 prices per square kilometre | +4.9% |
| 2015 | 1.60 million international-$ in 2021 prices per square kilometre | +5.3% |
| 2016 | 1.67 million international-$ in 2021 prices per square kilometre | +4.6% |
| 2017 | 1.77 million international-$ in 2021 prices per square kilometre | +5.7% |
| 2018 | 1.84 million international-$ in 2021 prices per square kilometre | +3.8% |
| 2019 | 1.89 million international-$ in 2021 prices per square kilometre | +3.1% |
| 2020 | 1.56 million international-$ in 2021 prices per square kilometre | -17.8% |
| 2021 | 1.81 million international-$ in 2021 prices per square kilometre | +16.5% |
| 2022 | 2.01 million international-$ in 2021 prices per square kilometre | +11.0% |
| 2023 | 2.16 million international-$ in 2021 prices per square kilometre | +7.2% |
Panama compared with similar countries
- Panama's 2.16 million international-$ in 2021 prices per square kilometre is below the median for high income countries, which is 6.38 million international-$ in 2021 prices per square kilometre, 34% of the median. (74 countries reporting)
- Panama's 2.16 million international-$ in 2021 prices per square kilometre is above the median for Latin America & Caribbean, which is 1.86 million international-$ in 2021 prices per square kilometre, 1.2× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 447,516 international-$ in 2021 prices per square kilometre | 339,027 international-$ in 2021 prices per square kilometre | 566,291 international-$ in 2021 prices per square kilometre | 10 |
| 2000s | 772,075 international-$ in 2021 prices per square kilometre | 590,126 international-$ in 2021 prices per square kilometre | 1.05 million international-$ in 2021 prices per square kilometre | 10 |
| 2010s | 1.55 million international-$ in 2021 prices per square kilometre | 1.11 million international-$ in 2021 prices per square kilometre | 1.89 million international-$ in 2021 prices per square kilometre | 10 |
| 2020s | 1.88 million international-$ in 2021 prices per square kilometre | 1.56 million international-$ in 2021 prices per square kilometre | 2.16 million international-$ in 2021 prices per square kilometre | 4 |
Countries ranked near Panama
- 70 United States 2.74 million international-$ in 2021 prices per square kilometre compare
- 71 Costa Rica 2.64 million international-$ in 2021 prices per square kilometre compare
- 72 Azerbaijan 2.62 million international-$ in 2021 prices per square kilometre compare
- 74 Lithuania 2.13 million international-$ in 2021 prices per square kilometre compare
- 75 Guatemala 2.09 million international-$ in 2021 prices per square kilometre compare
- 76 Indonesia 2.06 million international-$ in 2021 prices per square kilometre 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per square kilometre in Panama?
- Gross domestic product (gdp), per square kilometre in Panama was 2.16 million international-$ in 2021 prices per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per square kilometre recorded in Panama?
- The highest recorded value was 2.16 million international-$ in 2021 prices per square kilometre in 2023.
- What is the lowest gross domestic product (gdp), per square kilometre recorded in Panama?
- The lowest recorded value was 339,027 international-$ in 2021 prices per square kilometre in 1990.
- How does Panama rank for gross domestic product (gdp), per square kilometre?
- Panama ranks 73rd out of 198 countries with data for 2023.
- Is gross domestic product (gdp), per square kilometre rising or falling in Panama?
- Over the last ten years it is up 48.9%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Land area (sq. km)
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.