Gross domestic product (GDP), per square kilometre in Panama
Panama: Gross domestic product (GDP), per square kilometre was 2.22 million international-$ in 2021 prices per square kilometre in 2023. ◆ Volatile
Latest (2023)
2.22 million international-$ in 2021 prices per square kilometre
Change on year
up 6.5%
World rank
68th
of 181 countries
All-time high
2.22 million international-$ in 2021 prices per square kilometre
in 2023
All-time low
54,256 international-$ in 2021 prices per square kilometre
in 1961
Years of data
63
1961–2023
Gross domestic product (GDP), per square kilometre in Panama, 1961–2023
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 2.22 million international-$ in 2021 prices per square kilometre, measured in 2023. That is the highest value across all 63 years on record.
That represents a change of up 6.5% on the previous year and up 75.0% over ten years.
Over the whole period, gross domestic product (gdp), per square kilometre in Panama peaked at 2.22 million international-$ in 2021 prices per square kilometre in 2023 and was at its lowest, 54,256 international-$ in 2021 prices per square kilometre, in 1961.
Panama ranks 68th of 181 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 square kilometre in Panama, year by year
| Year | international-$ in 2021 prices per square kilometre | Change |
|---|---|---|
| 1961 | 54,256 international-$ in 2021 prices per square kilometre | — |
| 1962 | 58,972 international-$ in 2021 prices per square kilometre | +8.7% |
| 1963 | 63,709 international-$ in 2021 prices per square kilometre | +8.0% |
| 1964 | 66,985 international-$ in 2021 prices per square kilometre | +5.1% |
| 1965 | 73,077 international-$ in 2021 prices per square kilometre | +9.1% |
| 1966 | 78,601 international-$ in 2021 prices per square kilometre | +7.6% |
| 1967 | 86,001 international-$ in 2021 prices per square kilometre | +9.4% |
| 1968 | 92,185 international-$ in 2021 prices per square kilometre | +7.2% |
| 1969 | 100,560 international-$ in 2021 prices per square kilometre | +9.1% |
| 1970 | 119,922 international-$ in 2021 prices per square kilometre | +19.3% |
| 1971 | 133,189 international-$ in 2021 prices per square kilometre | +11.1% |
| 1972 | 141,345 international-$ in 2021 prices per square kilometre | +6.1% |
| 1973 | 148,484 international-$ in 2021 prices per square kilometre | +5.1% |
| 1974 | 157,220 international-$ in 2021 prices per square kilometre | +5.9% |
| 1975 | 160,020 international-$ in 2021 prices per square kilometre | +1.8% |
| 1976 | 161,332 international-$ in 2021 prices per square kilometre | +0.8% |
| 1977 | 160,780 international-$ in 2021 prices per square kilometre | -0.3% |
| 1978 | 173,304 international-$ in 2021 prices per square kilometre | +7.8% |
| 1979 | 180,369 international-$ in 2021 prices per square kilometre | +4.1% |
| 1980 | 199,108 international-$ in 2021 prices per square kilometre | +10.4% |
| 1981 | 214,635 international-$ in 2021 prices per square kilometre | +7.8% |
| 1982 | 214,182 international-$ in 2021 prices per square kilometre | -0.2% |
| 1983 | 228,900 international-$ in 2021 prices per square kilometre | +6.9% |
| 1984 | 227,439 international-$ in 2021 prices per square kilometre | -0.6% |
| 1985 | 221,059 international-$ in 2021 prices per square kilometre | -2.8% |
| 1986 | 244,514 international-$ in 2021 prices per square kilometre | +10.6% |
| 1987 | 263,383 international-$ in 2021 prices per square kilometre | +7.7% |
| 1988 | 235,586 international-$ in 2021 prices per square kilometre | -10.6% |
| 1989 | 237,037 international-$ in 2021 prices per square kilometre | +0.6% |
| 1990 | 255,899 international-$ in 2021 prices per square kilometre | +8.0% |
| 1991 | 285,093 international-$ in 2021 prices per square kilometre | +11.4% |
| 1992 | 305,628 international-$ in 2021 prices per square kilometre | +7.2% |
| 1993 | 318,302 international-$ in 2021 prices per square kilometre | +4.1% |
| 1994 | 326,731 international-$ in 2021 prices per square kilometre | +2.6% |
| 1995 | 324,380 international-$ in 2021 prices per square kilometre | -0.7% |
| 1996 | 344,158 international-$ in 2021 prices per square kilometre | +6.1% |
| 1997 | 380,685 international-$ in 2021 prices per square kilometre | +10.6% |
| 1998 | 413,078 international-$ in 2021 prices per square kilometre | +8.5% |
| 1999 | 426,785 international-$ in 2021 prices per square kilometre | +3.3% |
| 2000 | 451,165 international-$ in 2021 prices per square kilometre | +5.7% |
| 2001 | 459,829 international-$ in 2021 prices per square kilometre | +1.9% |
| 2002 | 484,461 international-$ in 2021 prices per square kilometre | +5.4% |
| 2003 | 542,236 international-$ in 2021 prices per square kilometre | +11.9% |
| 2004 | 552,807 international-$ in 2021 prices per square kilometre | +1.9% |
| 2005 | 683,407 international-$ in 2021 prices per square kilometre | +23.6% |
| 2006 | 747,331 international-$ in 2021 prices per square kilometre | +9.4% |
| 2007 | 701,286 international-$ in 2021 prices per square kilometre | -6.2% |
| 2008 | 780,923 international-$ in 2021 prices per square kilometre | +11.4% |
| 2009 | 811,789 international-$ in 2021 prices per square kilometre | +4.0% |
| 2010 | 894,839 international-$ in 2021 prices per square kilometre | +10.2% |
| 2011 | 1.03 million international-$ in 2021 prices per square kilometre | +15.2% |
| 2012 | 1.18 million international-$ in 2021 prices per square kilometre | +14.6% |
| 2013 | 1.27 million international-$ in 2021 prices per square kilometre | +7.4% |
| 2014 | 1.42 million international-$ in 2021 prices per square kilometre | +12.3% |
| 2015 | 1.52 million international-$ in 2021 prices per square kilometre | +6.9% |
| 2016 | 1.69 million international-$ in 2021 prices per square kilometre | +10.8% |
| 2017 | 1.93 million international-$ in 2021 prices per square kilometre | +14.3% |
| 2018 | 1.91 million international-$ in 2021 prices per square kilometre | -0.7% |
| 2019 | 1.99 million international-$ in 2021 prices per square kilometre | +3.9% |
| 2020 | 1.62 million international-$ in 2021 prices per square kilometre | -18.5% |
| 2021 | 1.84 million international-$ in 2021 prices per square kilometre | +13.3% |
| 2022 | 2.08 million international-$ in 2021 prices per square kilometre | +13.5% |
| 2023 | 2.22 million international-$ in 2021 prices per square kilometre | +6.5% |
Panama compared with similar countries
- Panama's 2.22 million international-$ in 2021 prices per square kilometre is below the median for high income countries, which is 5.60 million international-$ in 2021 prices per square kilometre, 40% of the median. (66 countries reporting)
- Panama's 2.22 million international-$ in 2021 prices per square kilometre is above the median for Latin America & Caribbean, which is 1.42 million international-$ in 2021 prices per square kilometre, 1.6× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 74,927 international-$ in 2021 prices per square kilometre | 54,256 international-$ in 2021 prices per square kilometre | 100,560 international-$ in 2021 prices per square kilometre | 9 |
| 1970s | 153,596 international-$ in 2021 prices per square kilometre | 119,922 international-$ in 2021 prices per square kilometre | 180,369 international-$ in 2021 prices per square kilometre | 10 |
| 1980s | 228,584 international-$ in 2021 prices per square kilometre | 199,108 international-$ in 2021 prices per square kilometre | 263,383 international-$ in 2021 prices per square kilometre | 10 |
| 1990s | 338,074 international-$ in 2021 prices per square kilometre | 255,899 international-$ in 2021 prices per square kilometre | 426,785 international-$ in 2021 prices per square kilometre | 10 |
| 2000s | 621,523 international-$ in 2021 prices per square kilometre | 451,165 international-$ in 2021 prices per square kilometre | 811,789 international-$ in 2021 prices per square kilometre | 10 |
| 2010s | 1.48 million international-$ in 2021 prices per square kilometre | 894,839 international-$ in 2021 prices per square kilometre | 1.99 million international-$ in 2021 prices per square kilometre | 10 |
| 2020s | 1.94 million international-$ in 2021 prices per square kilometre | 1.62 million international-$ in 2021 prices per square kilometre | 2.22 million international-$ in 2021 prices per square kilometre | 4 |
Countries ranked near Panama
- 65 Croatia 2.54 million international-$ in 2021 prices per square kilometre compare
- 66 Costa Rica 2.51 million international-$ in 2021 prices per square kilometre compare
- 67 Jamaica 2.48 million international-$ in 2021 prices per square kilometre compare
- 69 Armenia 2.18 million international-$ in 2021 prices per square kilometre compare
- 70 Indonesia 2.07 million international-$ in 2021 prices per square kilometre compare
- 71 Guatemala 2.07 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per square kilometre in Panama?
- Gross domestic product (gdp), per square kilometre in Panama was 2.22 million international-$ 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 2.22 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 54,256 international-$ in 2021 prices per square kilometre in 1961.
- How does Panama rank for gross domestic product (gdp), per square kilometre?
- Panama ranks 68th out of 181 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 75.0%. 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 — 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 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) Feenstra et al. – Penn World Table (2025) – with major 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.