Gross domestic product (GDP), per unit of GDP (Bolt) in Panama
Panama: Gross domestic product (GDP), per unit of GDP (Bolt) was 1.24 international-$ in 2011 prices per US$ of GDP in 2022. ◆ Volatile
Latest (2022)
1.24 international-$ in 2011 prices per US$ of GDP
Change on year
down 2.4%
World rank
115th
of 163 countries
All-time high
6.88 international-$ in 2011 prices per US$ of GDP
in 1960
All-time low
1.24 international-$ in 2011 prices per US$ of GDP
in 2022
Years of data
63
1960–2022
Gross domestic product (GDP), per unit of GDP in Panama, 1960–2022
Source: Statizoid (derived). Measured in international-$ in 2011 prices per US$ of GDP.
Analysis
Panama recorded 1.24 international-$ in 2011 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2022. That is the lowest value across all 63 years on record.
That represents a change of down 2.4% on the previous year and down 18.7% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Panama peaked at 6.88 international-$ in 2011 prices per US$ of GDP in 1960 and was at its lowest, 1.24 international-$ in 2011 prices per US$ of GDP, in 2022.
Panama ranks 115th of 163 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 unit of GDP (Bolt) in Panama, year by year
| Year | international-$ in 2011 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 6.88 international-$ in 2011 prices per US$ of GDP | — |
| 1961 | 6.83 international-$ in 2011 prices per US$ of GDP | -0.7% |
| 1962 | 6.8 international-$ in 2011 prices per US$ of GDP | -0.4% |
| 1963 | 6.71 international-$ in 2011 prices per US$ of GDP | -1.3% |
| 1964 | 6.52 international-$ in 2011 prices per US$ of GDP | -2.8% |
| 1965 | 6.46 international-$ in 2011 prices per US$ of GDP | -1.0% |
| 1966 | 6.36 international-$ in 2011 prices per US$ of GDP | -1.4% |
| 1967 | 6.19 international-$ in 2011 prices per US$ of GDP | -2.7% |
| 1968 | 6.18 international-$ in 2011 prices per US$ of GDP | -0.2% |
| 1969 | 6.07 international-$ in 2011 prices per US$ of GDP | -1.8% |
| 1970 | 5.81 international-$ in 2011 prices per US$ of GDP | -4.2% |
| 1971 | 5.65 international-$ in 2011 prices per US$ of GDP | -2.8% |
| 1972 | 5.38 international-$ in 2011 prices per US$ of GDP | -4.7% |
| 1973 | 4.96 international-$ in 2011 prices per US$ of GDP | -7.9% |
| 1974 | 4.44 international-$ in 2011 prices per US$ of GDP | -10.4% |
| 1975 | 4.06 international-$ in 2011 prices per US$ of GDP | -8.7% |
| 1976 | 3.88 international-$ in 2011 prices per US$ of GDP | -4.4% |
| 1977 | 3.71 international-$ in 2011 prices per US$ of GDP | -4.4% |
| 1978 | 3.44 international-$ in 2011 prices per US$ of GDP | -7.3% |
| 1979 | 3.15 international-$ in 2011 prices per US$ of GDP | -8.5% |
| 1980 | 2.91 international-$ in 2011 prices per US$ of GDP | -7.5% |
| 1981 | 2.8 international-$ in 2011 prices per US$ of GDP | -3.8% |
| 1982 | 2.63 international-$ in 2011 prices per US$ of GDP | -6.0% |
| 1983 | 2.52 international-$ in 2011 prices per US$ of GDP | -4.1% |
| 1984 | 2.47 international-$ in 2011 prices per US$ of GDP | -2.2% |
| 1985 | 2.45 international-$ in 2011 prices per US$ of GDP | -0.6% |
| 1986 | 2.47 international-$ in 2011 prices per US$ of GDP | +0.5% |
| 1987 | 2.53 international-$ in 2011 prices per US$ of GDP | +2.6% |
| 1988 | 2.63 international-$ in 2011 prices per US$ of GDP | +3.9% |
| 1989 | 2.66 international-$ in 2011 prices per US$ of GDP | +1.3% |
| 1990 | 2.65 international-$ in 2011 prices per US$ of GDP | -0.6% |
| 1991 | 2.64 international-$ in 2011 prices per US$ of GDP | -0.2% |
| 1992 | 2.52 international-$ in 2011 prices per US$ of GDP | -4.6% |
| 1993 | 2.44 international-$ in 2011 prices per US$ of GDP | -3.2% |
| 1994 | 2.36 international-$ in 2011 prices per US$ of GDP | -3.3% |
| 1995 | 2.36 international-$ in 2011 prices per US$ of GDP | -0.2% |
| 1996 | 2.53 international-$ in 2011 prices per US$ of GDP | +7.3% |
| 1997 | 2.47 international-$ in 2011 prices per US$ of GDP | -2.4% |
| 1998 | 2.43 international-$ in 2011 prices per US$ of GDP | -1.8% |
| 1999 | 2.39 international-$ in 2011 prices per US$ of GDP | -1.5% |
| 2000 | 2.4 international-$ in 2011 prices per US$ of GDP | +0.4% |
| 2001 | 2.36 international-$ in 2011 prices per US$ of GDP | -1.5% |
| 2002 | 2.32 international-$ in 2011 prices per US$ of GDP | -1.9% |
| 2003 | 2.28 international-$ in 2011 prices per US$ of GDP | -1.6% |
| 2004 | 2.21 international-$ in 2011 prices per US$ of GDP | -2.9% |
| 2005 | 2.16 international-$ in 2011 prices per US$ of GDP | -2.4% |
| 2006 | 2.1 international-$ in 2011 prices per US$ of GDP | -3.1% |
| 2007 | 2.02 international-$ in 2011 prices per US$ of GDP | -3.4% |
| 2008 | 1.86 international-$ in 2011 prices per US$ of GDP | -8.0% |
| 2009 | 1.75 international-$ in 2011 prices per US$ of GDP | -5.7% |
| 2010 | 1.71 international-$ in 2011 prices per US$ of GDP | -2.5% |
| 2011 | 1.63 international-$ in 2011 prices per US$ of GDP | -5.1% |
| 2012 | 1.52 international-$ in 2011 prices per US$ of GDP | -6.3% |
| 2013 | 1.44 international-$ in 2011 prices per US$ of GDP | -5.5% |
| 2014 | 1.39 international-$ in 2011 prices per US$ of GDP | -3.2% |
| 2015 | 1.36 international-$ in 2011 prices per US$ of GDP | -2.4% |
| 2016 | 1.33 international-$ in 2011 prices per US$ of GDP | -2.2% |
| 2017 | 1.3 international-$ in 2011 prices per US$ of GDP | -2.0% |
| 2018 | 1.29 international-$ in 2011 prices per US$ of GDP | -1.0% |
| 2019 | 1.29 international-$ in 2011 prices per US$ of GDP | -0.4% |
| 2020 | 1.29 international-$ in 2011 prices per US$ of GDP | +0.7% |
| 2021 | 1.27 international-$ in 2011 prices per US$ of GDP | -1.9% |
| 2022 | 1.24 international-$ in 2011 prices per US$ of GDP | -2.4% |
Panama compared with similar countries
- Panama's 1.24 international-$ in 2011 prices per US$ of GDP is above the median for high income countries, which is 1.07 international-$ in 2011 prices per US$ of GDP, 1.2× the median. (55 countries reporting)
- Panama's 1.24 international-$ in 2011 prices per US$ of GDP is below the median for Latin America & Caribbean, which is 1.39 international-$ in 2011 prices per US$ of GDP, 89% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.5 international-$ in 2011 prices per US$ of GDP | 6.07 international-$ in 2011 prices per US$ of GDP | 6.88 international-$ in 2011 prices per US$ of GDP | 10 |
| 1970s | 4.45 international-$ in 2011 prices per US$ of GDP | 3.15 international-$ in 2011 prices per US$ of GDP | 5.81 international-$ in 2011 prices per US$ of GDP | 10 |
| 1980s | 2.61 international-$ in 2011 prices per US$ of GDP | 2.45 international-$ in 2011 prices per US$ of GDP | 2.91 international-$ in 2011 prices per US$ of GDP | 10 |
| 1990s | 2.48 international-$ in 2011 prices per US$ of GDP | 2.36 international-$ in 2011 prices per US$ of GDP | 2.65 international-$ in 2011 prices per US$ of GDP | 10 |
| 2000s | 2.15 international-$ in 2011 prices per US$ of GDP | 1.75 international-$ in 2011 prices per US$ of GDP | 2.4 international-$ in 2011 prices per US$ of GDP | 10 |
| 2010s | 1.43 international-$ in 2011 prices per US$ of GDP | 1.29 international-$ in 2011 prices per US$ of GDP | 1.71 international-$ in 2011 prices per US$ of GDP | 10 |
| 2020s | 1.27 international-$ in 2011 prices per US$ of GDP | 1.24 international-$ in 2011 prices per US$ of GDP | 1.29 international-$ in 2011 prices per US$ of GDP | 3 |
Countries ranked near Panama
- 112 Democratic Republic of Congo 1.3 international-$ in 2011 prices per US$ of GDP compare
- 113 Bahrain 1.26 international-$ in 2011 prices per US$ of GDP compare
- 114 Palestine 1.26 international-$ in 2011 prices per US$ of GDP compare
- 116 Angola 1.23 international-$ in 2011 prices per US$ of GDP compare
- 117 Greece 1.21 international-$ in 2011 prices per US$ of GDP compare
- 118 Lithuania 1.2 international-$ in 2011 prices per US$ of GDP 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 unit of gdp in Panama?
- Gross domestic product (gdp), per unit of gdp in Panama was 1.24 international-$ in 2011 prices per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Panama?
- The highest recorded value was 6.88 international-$ in 2011 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Panama?
- The lowest recorded value was 1.24 international-$ in 2011 prices per US$ of GDP in 2022.
- How does Panama rank for gross domestic product (gdp), per unit of gdp?
- Panama ranks 115th out of 163 countries with data for 2022.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 18.7%. 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 unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.