Gross Domestic Product — Value Standard Local Currency, 2015 prices in Panama
Panama: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1.02 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.02 million SLC per square kilometre
Change on year
up 7.3%
World rank
151st
of 194 countries
All-time high
1.02 million SLC per square kilometre
in 2023
All-time low
0.0798 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Panama, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Panama is 1.02 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 7.3% on the previous year and up 52.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Panama peaked at 1.02 million SLC per square kilometre in 2023 and was at its lowest, 0.0798 million SLC per square kilometre, in 1970.
That places Panama 151st out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Panama, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0798 million SLC per square kilometre | — |
| 1971 | 0.0874 million SLC per square kilometre | +9.6% |
| 1972 | 0.0915 million SLC per square kilometre | +4.6% |
| 1973 | 0.0964 million SLC per square kilometre | +5.4% |
| 1974 | 0.0987 million SLC per square kilometre | +2.4% |
| 1975 | 0.1003 million SLC per square kilometre | +1.6% |
| 1976 | 0.102 million SLC per square kilometre | +1.6% |
| 1977 | 0.1031 million SLC per square kilometre | +1.1% |
| 1978 | 0.1132 million SLC per square kilometre | +9.8% |
| 1979 | 0.1183 million SLC per square kilometre | +4.5% |
| 1980 | 0.1363 million SLC per square kilometre | +15.2% |
| 1981 | 0.1484 million SLC per square kilometre | +8.9% |
| 1982 | 0.1542 million SLC per square kilometre | +3.9% |
| 1983 | 0.1518 million SLC per square kilometre | -1.5% |
| 1984 | 0.1551 million SLC per square kilometre | +2.2% |
| 1985 | 0.163 million SLC per square kilometre | +5.1% |
| 1986 | 0.1702 million SLC per square kilometre | +4.5% |
| 1987 | 0.1754 million SLC per square kilometre | +3.0% |
| 1988 | 0.1576 million SLC per square kilometre | -10.1% |
| 1989 | 0.1601 million SLC per square kilometre | +1.6% |
| 1990 | 0.173 million SLC per square kilometre | +8.1% |
| 1991 | 0.1893 million SLC per square kilometre | +9.4% |
| 1992 | 0.2048 million SLC per square kilometre | +8.2% |
| 1993 | 0.216 million SLC per square kilometre | +5.5% |
| 1994 | 0.2222 million SLC per square kilometre | +2.9% |
| 1995 | 0.2261 million SLC per square kilometre | +1.8% |
| 1996 | 0.2324 million SLC per square kilometre | +2.8% |
| 1997 | 0.2475 million SLC per square kilometre | +6.5% |
| 1998 | 0.2656 million SLC per square kilometre | +7.3% |
| 1999 | 0.276 million SLC per square kilometre | +3.9% |
| 2000 | 0.2835 million SLC per square kilometre | +2.7% |
| 2001 | 0.2851 million SLC per square kilometre | +0.6% |
| 2002 | 0.2915 million SLC per square kilometre | +2.2% |
| 2003 | 0.3038 million SLC per square kilometre | +4.2% |
| 2004 | 0.3266 million SLC per square kilometre | +7.5% |
| 2005 | 0.3501 million SLC per square kilometre | +7.2% |
| 2006 | 0.38 million SLC per square kilometre | +8.5% |
| 2007 | 0.426 million SLC per square kilometre | +12.1% |
| 2008 | 0.4695 million SLC per square kilometre | +10.2% |
| 2009 | 0.4769 million SLC per square kilometre | +1.6% |
| 2010 | 0.5063 million SLC per square kilometre | +6.2% |
| 2011 | 0.5654 million SLC per square kilometre | +11.7% |
| 2012 | 0.6227 million SLC per square kilometre | +10.1% |
| 2013 | 0.6679 million SLC per square kilometre | +7.3% |
| 2014 | 0.7061 million SLC per square kilometre | +5.7% |
| 2015 | 0.749 million SLC per square kilometre | +6.1% |
| 2016 | 0.7887 million SLC per square kilometre | +5.3% |
| 2017 | 0.8355 million SLC per square kilometre | +5.9% |
| 2018 | 0.8684 million SLC per square kilometre | +3.9% |
| 2019 | 0.8969 million SLC per square kilometre | +3.3% |
| 2020 | 0.7384 million SLC per square kilometre | -17.7% |
| 2021 | 0.8554 million SLC per square kilometre | +15.8% |
| 2022 | 0.9478 million SLC per square kilometre | +10.8% |
| 2023 | 1.02 million SLC per square kilometre | +7.3% |
Panama compared with similar countries
- Panama's 1.02 million SLC per square kilometre is below the median for high income countries, which is 9.64 million SLC per square kilometre, 11% of the median. (73 countries reporting)
- Panama's 1.02 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 10.06 million SLC per square kilometre, 10% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0991 million SLC per square kilometre | 0.0798 million SLC per square kilometre | 0.1183 million SLC per square kilometre | 10 |
| 1980s | 0.1572 million SLC per square kilometre | 0.1363 million SLC per square kilometre | 0.1754 million SLC per square kilometre | 10 |
| 1990s | 0.2253 million SLC per square kilometre | 0.173 million SLC per square kilometre | 0.276 million SLC per square kilometre | 10 |
| 2000s | 0.3593 million SLC per square kilometre | 0.2835 million SLC per square kilometre | 0.4769 million SLC per square kilometre | 10 |
| 2010s | 0.7207 million SLC per square kilometre | 0.5063 million SLC per square kilometre | 0.8969 million SLC per square kilometre | 10 |
| 2020s | 0.8897 million SLC per square kilometre | 0.7384 million SLC per square kilometre | 1.02 million SLC per square kilometre | 4 |
Countries ranked near Panama
- 148 Croatia 1.07 million SLC per square kilometre compare
- 149 Mozambique 1.04 million SLC per square kilometre compare
- 150 Bulgaria 1.03 million SLC per square kilometre compare
- 152 Turks and Caicos Islands 0.9897 million SLC per square kilometre compare
- 153 Lesotho 0.9465 million SLC per square kilometre compare
- 154 Samoa 0.81 million SLC 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 — value standard local currency, 2015 prices in Panama?
- Gross domestic product — value standard local currency, 2015 prices in Panama was 1.02 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Panama?
- The highest recorded value was 1.02 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Panama?
- The lowest recorded value was 0.0798 million SLC per square kilometre in 1970.
- How does Panama rank for gross domestic product — value standard local currency, 2015 prices?
- Panama ranks 151st out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Panama?
- Over the last ten years it is up 52.3%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.