Gross Domestic Product — Value Standard Local Currency, per square in Panama
Panama: Gross Domestic Product — Value Standard Local Currency, per square was 1.12 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.12 million SLC per square kilometre
Change on year
up 9.0%
World rank
159th
of 192 countries
All-time high
1.12 million SLC per square kilometre
in 2023
All-time low
0.0157 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Domestic Product — Value Standard Local Currency, per square in Panama, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Panama recorded 1.12 million SLC per square kilometre for gross domestic product — value standard local currency, per square in 2023. That is the highest value across all 54 years on record.
The figure is up 9.0% on the previous year and up 79.7% over ten years.
Over the whole period, gross domestic product — value standard local currency, per square in Panama peaked at 1.12 million SLC per square kilometre in 2023 and was at its lowest, 0.0157 million SLC per square kilometre, in 1970.
Panama ranks 159th 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 square in Panama, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0157 million SLC per square kilometre | — |
| 1971 | 0.0177 million SLC per square kilometre | +12.8% |
| 1972 | 0.0194 million SLC per square kilometre | +9.9% |
| 1973 | 0.0222 million SLC per square kilometre | +14.4% |
| 1974 | 0.0254 million SLC per square kilometre | +14.3% |
| 1975 | 0.0285 million SLC per square kilometre | +12.0% |
| 1976 | 0.0302 million SLC per square kilometre | +6.2% |
| 1977 | 0.032 million SLC per square kilometre | +6.0% |
| 1978 | 0.038 million SLC per square kilometre | +18.6% |
| 1979 | 0.0435 million SLC per square kilometre | +14.5% |
| 1980 | 0.0554 million SLC per square kilometre | +27.4% |
| 1981 | 0.0624 million SLC per square kilometre | +12.6% |
| 1982 | 0.0661 million SLC per square kilometre | +5.9% |
| 1983 | 0.0694 million SLC per square kilometre | +5.1% |
| 1984 | 0.0734 million SLC per square kilometre | +5.7% |
| 1985 | 0.0783 million SLC per square kilometre | +6.6% |
| 1986 | 0.0827 million SLC per square kilometre | +5.7% |
| 1987 | 0.0853 million SLC per square kilometre | +3.1% |
| 1988 | 0.0762 million SLC per square kilometre | -10.6% |
| 1989 | 0.0764 million SLC per square kilometre | +0.3% |
| 1990 | 0.0831 million SLC per square kilometre | +8.7% |
| 1991 | 0.0913 million SLC per square kilometre | +10.0% |
| 1992 | 0.1038 million SLC per square kilometre | +13.7% |
| 1993 | 0.1134 million SLC per square kilometre | +9.2% |
| 1994 | 0.1209 million SLC per square kilometre | +6.6% |
| 1995 | 0.1236 million SLC per square kilometre | +2.2% |
| 1996 | 0.1274 million SLC per square kilometre | +3.1% |
| 1997 | 0.1378 million SLC per square kilometre | +8.2% |
| 1998 | 0.1494 million SLC per square kilometre | +8.4% |
| 1999 | 0.1566 million SLC per square kilometre | +4.8% |
| 2000 | 0.1588 million SLC per square kilometre | +1.4% |
| 2001 | 0.1614 million SLC per square kilometre | +1.6% |
| 2002 | 0.1677 million SLC per square kilometre | +3.9% |
| 2003 | 0.1768 million SLC per square kilometre | +5.4% |
| 2004 | 0.1938 million SLC per square kilometre | +9.6% |
| 2005 | 0.2114 million SLC per square kilometre | +9.1% |
| 2006 | 0.2342 million SLC per square kilometre | +10.8% |
| 2007 | 0.2865 million SLC per square kilometre | +22.3% |
| 2008 | 0.3395 million SLC per square kilometre | +18.5% |
| 2009 | 0.3671 million SLC per square kilometre | +8.1% |
| 2010 | 0.3999 million SLC per square kilometre | +8.9% |
| 2011 | 0.4727 million SLC per square kilometre | +18.2% |
| 2012 | 0.5528 million SLC per square kilometre | +16.9% |
| 2013 | 0.6255 million SLC per square kilometre | +13.2% |
| 2014 | 0.689 million SLC per square kilometre | +10.2% |
| 2015 | 0.749 million SLC per square kilometre | +8.7% |
| 2016 | 0.8045 million SLC per square kilometre | +7.4% |
| 2017 | 0.867 million SLC per square kilometre | +7.8% |
| 2018 | 0.9072 million SLC per square kilometre | +4.6% |
| 2019 | 0.9399 million SLC per square kilometre | +3.6% |
| 2020 | 0.7696 million SLC per square kilometre | -18.1% |
| 2021 | 0.9087 million SLC per square kilometre | +18.1% |
| 2022 | 1.03 million SLC per square kilometre | +13.5% |
| 2023 | 1.12 million SLC per square kilometre | +9.0% |
Panama compared with similar countries
- Panama's 1.12 million SLC per square kilometre is below the median for high income countries, which is 11.61 million SLC per square kilometre, 10% of the median. (72 countries reporting)
- Panama's 1.12 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 11.73 million SLC per square kilometre, 10% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0273 million SLC per square kilometre | 0.0157 million SLC per square kilometre | 0.0435 million SLC per square kilometre | 10 |
| 1980s | 0.0725 million SLC per square kilometre | 0.0554 million SLC per square kilometre | 0.0853 million SLC per square kilometre | 10 |
| 1990s | 0.1207 million SLC per square kilometre | 0.0831 million SLC per square kilometre | 0.1566 million SLC per square kilometre | 10 |
| 2000s | 0.2297 million SLC per square kilometre | 0.1588 million SLC per square kilometre | 0.3671 million SLC per square kilometre | 10 |
| 2010s | 0.7007 million SLC per square kilometre | 0.3999 million SLC per square kilometre | 0.9399 million SLC per square kilometre | 10 |
| 2020s | 0.9585 million SLC per square kilometre | 0.7696 million SLC per square kilometre | 1.12 million SLC per square kilometre | 4 |
Countries ranked near Panama
- 156 Lesotho 1.29 million SLC per square kilometre compare
- 157 Lithuania 1.18 million SLC per square kilometre compare
- 158 Georgia 1.15 million SLC per square kilometre compare
- 160 Belarus 1.06 million SLC per square kilometre compare
- 161 Samoa 1.02 million SLC per square kilometre compare
- 162 Bosnia and Herzegovina 0.9723 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, per square in Panama?
- Gross domestic product — value standard local currency, per square in Panama was 1.12 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per square recorded in Panama?
- The highest recorded value was 1.12 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, per square recorded in Panama?
- The lowest recorded value was 0.0157 million SLC per square kilometre in 1970.
- How does Panama rank for gross domestic product — value standard local currency, per square?
- Panama ranks 159th out of 192 countries with data for 2023.
- Is gross domestic product — value standard local currency, per square rising or falling in Panama?
- Over the last ten years it is up 79.7%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency 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 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.