Gross Domestic Product — Value Standard Local Currency, per capita in Panama
Panama: Gross Domestic Product — Value Standard Local Currency, per capita was 0.0191 million SLC per person in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per capita in Panama, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, per capita in Panama stood at 0.0191 million SLC per person. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 45.7% over ten years.
Over the whole period, gross domestic product — value standard local currency, per capita in Panama peaked at 0.0191 million SLC per person in 2024 and was at its lowest, 0.0008 million SLC per person, in 1970.
Panama ranks 167th of 192 countries on this measure, 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, per capita in Panama, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0008 million SLC per person | — |
| 1971 | 0.0008 million SLC per person | +9.7% |
| 1972 | 0.0009 million SLC per person | +6.9% |
| 1973 | 0.001 million SLC per person | +11.3% |
| 1974 | 0.0011 million SLC per person | +11.3% |
| 1975 | 0.0012 million SLC per person | +9.1% |
| 1976 | 0.0013 million SLC per person | +3.5% |
| 1977 | 0.0013 million SLC per person | +3.4% |
| 1978 | 0.0015 million SLC per person | +15.7% |
| 1979 | 0.0017 million SLC per person | +11.7% |
| 1980 | 0.0021 million SLC per person | +24.4% |
| 1981 | 0.0023 million SLC per person | +10.0% |
| 1982 | 0.0024 million SLC per person | +3.4% |
| 1983 | 0.0025 million SLC per person | +2.6% |
| 1984 | 0.0025 million SLC per person | +3.3% |
| 1985 | 0.0026 million SLC per person | +4.2% |
| 1986 | 0.0027 million SLC per person | +3.3% |
| 1987 | 0.0028 million SLC per person | +0.9% |
| 1988 | 0.0024 million SLC per person | -12.6% |
| 1989 | 0.0024 million SLC per person | -1.9% |
| 1990 | 0.0025 million SLC per person | +6.4% |
| 1991 | 0.0027 million SLC per person | +7.6% |
| 1992 | 0.003 million SLC per person | +11.3% |
| 1993 | 0.0032 million SLC per person | +7.0% |
| 1994 | 0.0034 million SLC per person | +4.5% |
| 1995 | 0.0034 million SLC per person | +0.2% |
| 1996 | 0.0034 million SLC per person | +1.0% |
| 1997 | 0.0036 million SLC per person | +6.0% |
| 1998 | 0.0038 million SLC per person | +6.3% |
| 1999 | 0.0039 million SLC per person | +2.7% |
| 2000 | 0.0039 million SLC per person | -0.5% |
| 2001 | 0.0039 million SLC per person | -0.3% |
| 2002 | 0.004 million SLC per person | +2.0% |
| 2003 | 0.0041 million SLC per person | +3.4% |
| 2004 | 0.0044 million SLC per person | +7.6% |
| 2005 | 0.0047 million SLC per person | +7.0% |
| 2006 | 0.0052 million SLC per person | +8.8% |
| 2007 | 0.0062 million SLC per person | +20.1% |
| 2008 | 0.0072 million SLC per person | +16.4% |
| 2009 | 0.0077 million SLC per person | +6.2% |
| 2010 | 0.0082 million SLC per person | +7.0% |
| 2011 | 0.0095 million SLC per person | +16.1% |
| 2012 | 0.0109 million SLC per person | +14.9% |
| 2013 | 0.0122 million SLC per person | +11.2% |
| 2014 | 0.0131 million SLC per person | +7.9% |
| 2015 | 0.014 million SLC per person | +6.8% |
| 2016 | 0.0148 million SLC per person | +5.6% |
| 2017 | 0.0157 million SLC per person | +5.9% |
| 2018 | 0.0161 million SLC per person | +3.0% |
| 2019 | 0.0165 million SLC per person | +2.0% |
| 2020 | 0.0133 million SLC per person | -19.2% |
| 2021 | 0.0155 million SLC per person | +16.7% |
| 2022 | 0.0174 million SLC per person | +12.1% |
| 2023 | 0.0187 million SLC per person | +7.5% |
| 2024 | 0.0191 million SLC per person | +2.2% |
Panama compared with similar countries
- Panama's 0.0191 million SLC per person is below the median for high income countries, which is 0.0694 million SLC per person, 28% of the median. (72 countries reporting)
- Panama's 0.0191 million SLC per person is below the median for Latin America & Caribbean, which is 0.0632 million SLC per person, 30% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0012 million SLC per person | 0.0008 million SLC per person | 0.0017 million SLC per person | 10 |
| 1980s | 0.0025 million SLC per person | 0.0021 million SLC per person | 0.0028 million SLC per person | 10 |
| 1990s | 0.0033 million SLC per person | 0.0025 million SLC per person | 0.0039 million SLC per person | 10 |
| 2000s | 0.0051 million SLC per person | 0.0039 million SLC per person | 0.0077 million SLC per person | 10 |
| 2010s | 0.0131 million SLC per person | 0.0082 million SLC per person | 0.0165 million SLC per person | 10 |
| 2020s | 0.0168 million SLC per person | 0.0133 million SLC per person | 0.0191 million SLC per person | 5 |
Countries ranked near Panama
- 164 Latvia 0.0214 million SLC per person compare
- 165 Cuba 0.02 million SLC per person compare
- 166 Sierra Leone 0.0197 million SLC per person compare
- 168 Solomon Islands 0.0179 million SLC per person compare
- 169 Lesotho 0.0178 million SLC per person compare
- 170 Palau 0.0177 million SLC 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)
- 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, per capita in Panama?
- Gross domestic product — value standard local currency, per capita in Panama was 0.0191 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per capita recorded in Panama?
- The highest recorded value was 0.0191 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, per capita recorded in Panama?
- The lowest recorded value was 0.0008 million SLC per person in 1970.
- How does Panama rank for gross domestic product — value standard local currency, per capita?
- Panama ranks 167th out of 192 countries with data for 2024.
- Is gross domestic product — value standard local currency, per capita rising or falling in Panama?
- Over the last ten years it is up 45.7%. 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 — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 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 — Value Standard Local Currency ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.