Gross Domestic Product — Value US$, 2015 prices, per capita in Panama
Panama: Gross Domestic Product — Value US$, 2015 prices, per capita was 0.0172 million USD per person in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices, per capita in Panama, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross domestic product — value us$, 2015 prices, per capita in Panama stood at 0.0172 million USD per person. That is the highest value across all 55 years on record.
That represents a change of up 1.6% on the previous year and up 27.8% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per capita in Panama peaked at 0.0172 million USD per person in 2024 and was at its lowest, 0.0039 million USD per person, in 1970.
Panama ranks 61st of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per capita in Panama, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0039 million USD per person | — |
| 1971 | 0.0042 million USD per person | +6.6% |
| 1972 | 0.0043 million USD per person | +1.8% |
| 1973 | 0.0044 million USD per person | +2.6% |
| 1974 | 0.0043 million USD per person | -0.3% |
| 1975 | 0.0043 million USD per person | -1.0% |
| 1976 | 0.0043 million USD per person | -0.9% |
| 1977 | 0.0042 million USD per person | -1.4% |
| 1978 | 0.0045 million USD per person | +7.2% |
| 1979 | 0.0046 million USD per person | +2.0% |
| 1980 | 0.0052 million USD per person | +12.5% |
| 1981 | 0.0055 million USD per person | +6.4% |
| 1982 | 0.0056 million USD per person | +1.4% |
| 1983 | 0.0054 million USD per person | -3.8% |
| 1984 | 0.0054 million USD per person | -0.2% |
| 1985 | 0.0055 million USD per person | +2.7% |
| 1986 | 0.0056 million USD per person | +2.1% |
| 1987 | 0.0057 million USD per person | +0.8% |
| 1988 | 0.005 million USD per person | -12.1% |
| 1989 | 0.005 million USD per person | -0.6% |
| 1990 | 0.0052 million USD per person | +5.8% |
| 1991 | 0.0056 million USD per person | +7.1% |
| 1992 | 0.0059 million USD per person | +6.0% |
| 1993 | 0.0061 million USD per person | +3.3% |
| 1994 | 0.0062 million USD per person | +0.8% |
| 1995 | 0.0062 million USD per person | -0.3% |
| 1996 | 0.0062 million USD per person | +0.8% |
| 1997 | 0.0065 million USD per person | +4.3% |
| 1998 | 0.0068 million USD per person | +5.2% |
| 1999 | 0.007 million USD per person | +1.9% |
| 2000 | 0.007 million USD per person | +0.7% |
| 2001 | 0.0069 million USD per person | -1.4% |
| 2002 | 0.0069 million USD per person | +0.3% |
| 2003 | 0.0071 million USD per person | +2.2% |
| 2004 | 0.0075 million USD per person | +5.5% |
| 2005 | 0.0079 million USD per person | +5.2% |
| 2006 | 0.0084 million USD per person | +6.5% |
| 2007 | 0.0092 million USD per person | +10.1% |
| 2008 | 0.01 million USD per person | +8.2% |
| 2009 | 0.0099 million USD per person | -0.2% |
| 2010 | 0.0104 million USD per person | +4.3% |
| 2011 | 0.0114 million USD per person | +9.7% |
| 2012 | 0.0123 million USD per person | +8.2% |
| 2013 | 0.013 million USD per person | +5.4% |
| 2014 | 0.0134 million USD per person | +3.6% |
| 2015 | 0.014 million USD per person | +4.3% |
| 2016 | 0.0145 million USD per person | +3.5% |
| 2017 | 0.0151 million USD per person | +4.1% |
| 2018 | 0.0155 million USD per person | +2.3% |
| 2019 | 0.0157 million USD per person | +1.7% |
| 2020 | 0.0128 million USD per person | -18.8% |
| 2021 | 0.0146 million USD per person | +14.4% |
| 2022 | 0.016 million USD per person | +9.4% |
| 2023 | 0.0169 million USD per person | +5.9% |
| 2024 | 0.0172 million USD per person | +1.6% |
Panama compared with similar countries
- Panama's 0.0172 million USD per person is below the median for high income countries, which is 0.0304 million USD per person, 57% of the median. (73 countries reporting)
- Panama's 0.0172 million USD per person is above the median for Latin America & Caribbean, which is 0.0111 million USD per person, 1.6× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0043 million USD per person | 0.0039 million USD per person | 0.0046 million USD per person | 10 |
| 1980s | 0.0054 million USD per person | 0.005 million USD per person | 0.0057 million USD per person | 10 |
| 1990s | 0.0062 million USD per person | 0.0052 million USD per person | 0.007 million USD per person | 10 |
| 2000s | 0.0081 million USD per person | 0.0069 million USD per person | 0.01 million USD per person | 10 |
| 2010s | 0.0135 million USD per person | 0.0104 million USD per person | 0.0157 million USD per person | 10 |
| 2020s | 0.0155 million USD per person | 0.0128 million USD per person | 0.0172 million USD per person | 5 |
Countries ranked near Panama
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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, per capita in Panama?
- Gross domestic product — value us$, 2015 prices, per capita in Panama was 0.0172 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per capita recorded in Panama?
- The highest recorded value was 0.0172 million USD per person in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices, per capita recorded in Panama?
- The lowest recorded value was 0.0039 million USD per person in 1970.
- How does Panama rank for gross domestic product — value us$, 2015 prices, per capita?
- Panama ranks 61st out of 194 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, per capita rising or falling in Panama?
- Over the last ten years it is up 27.8%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value US$, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.