Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Panama
Panama: Gross Domestic Product — Value US$, 2015 prices, per square kilometre was 1.02 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.02 million USD per square kilometre
Change on year
up 7.3%
World rank
73rd
of 194 countries
All-time high
1.02 million USD per square kilometre
in 2023
All-time low
0.0798 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Panama, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross domestic product — value us$, 2015 prices, per square kilometre in Panama stood at 1.02 million USD per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 7.3% on the previous year and up 52.3% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per square kilometre in Panama peaked at 1.02 million USD per square kilometre in 2023 and was at its lowest, 0.0798 million USD per square kilometre, in 1970.
That places Panama 73rd out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Panama, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0798 million USD per square kilometre | — |
| 1971 | 0.0874 million USD per square kilometre | +9.6% |
| 1972 | 0.0915 million USD per square kilometre | +4.6% |
| 1973 | 0.0964 million USD per square kilometre | +5.4% |
| 1974 | 0.0987 million USD per square kilometre | +2.4% |
| 1975 | 0.1003 million USD per square kilometre | +1.6% |
| 1976 | 0.102 million USD per square kilometre | +1.6% |
| 1977 | 0.1031 million USD per square kilometre | +1.1% |
| 1978 | 0.1132 million USD per square kilometre | +9.8% |
| 1979 | 0.1183 million USD per square kilometre | +4.5% |
| 1980 | 0.1363 million USD per square kilometre | +15.2% |
| 1981 | 0.1484 million USD per square kilometre | +8.9% |
| 1982 | 0.1542 million USD per square kilometre | +3.9% |
| 1983 | 0.1518 million USD per square kilometre | -1.5% |
| 1984 | 0.1551 million USD per square kilometre | +2.2% |
| 1985 | 0.163 million USD per square kilometre | +5.1% |
| 1986 | 0.1702 million USD per square kilometre | +4.5% |
| 1987 | 0.1754 million USD per square kilometre | +3.0% |
| 1988 | 0.1576 million USD per square kilometre | -10.1% |
| 1989 | 0.1601 million USD per square kilometre | +1.6% |
| 1990 | 0.173 million USD per square kilometre | +8.1% |
| 1991 | 0.1893 million USD per square kilometre | +9.4% |
| 1992 | 0.2048 million USD per square kilometre | +8.2% |
| 1993 | 0.216 million USD per square kilometre | +5.5% |
| 1994 | 0.2222 million USD per square kilometre | +2.9% |
| 1995 | 0.2261 million USD per square kilometre | +1.8% |
| 1996 | 0.2324 million USD per square kilometre | +2.8% |
| 1997 | 0.2475 million USD per square kilometre | +6.5% |
| 1998 | 0.2656 million USD per square kilometre | +7.3% |
| 1999 | 0.276 million USD per square kilometre | +3.9% |
| 2000 | 0.2835 million USD per square kilometre | +2.7% |
| 2001 | 0.2851 million USD per square kilometre | +0.6% |
| 2002 | 0.2915 million USD per square kilometre | +2.2% |
| 2003 | 0.3038 million USD per square kilometre | +4.2% |
| 2004 | 0.3266 million USD per square kilometre | +7.5% |
| 2005 | 0.3501 million USD per square kilometre | +7.2% |
| 2006 | 0.38 million USD per square kilometre | +8.5% |
| 2007 | 0.426 million USD per square kilometre | +12.1% |
| 2008 | 0.4695 million USD per square kilometre | +10.2% |
| 2009 | 0.4769 million USD per square kilometre | +1.6% |
| 2010 | 0.5063 million USD per square kilometre | +6.2% |
| 2011 | 0.5654 million USD per square kilometre | +11.7% |
| 2012 | 0.6227 million USD per square kilometre | +10.1% |
| 2013 | 0.6679 million USD per square kilometre | +7.3% |
| 2014 | 0.7061 million USD per square kilometre | +5.7% |
| 2015 | 0.749 million USD per square kilometre | +6.1% |
| 2016 | 0.7887 million USD per square kilometre | +5.3% |
| 2017 | 0.8355 million USD per square kilometre | +5.9% |
| 2018 | 0.8684 million USD per square kilometre | +3.9% |
| 2019 | 0.8969 million USD per square kilometre | +3.3% |
| 2020 | 0.7384 million USD per square kilometre | -17.7% |
| 2021 | 0.8554 million USD per square kilometre | +15.8% |
| 2022 | 0.9478 million USD per square kilometre | +10.8% |
| 2023 | 1.02 million USD per square kilometre | +7.3% |
Panama compared with similar countries
- Panama's 1.02 million USD per square kilometre is below the median for high income countries, which is 2.85 million USD per square kilometre, 36% of the median. (73 countries reporting)
- Panama's 1.02 million USD per square kilometre is above the median for Latin America & Caribbean, which is 1 million USD per square kilometre, 1.0× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0991 million USD per square kilometre | 0.0798 million USD per square kilometre | 0.1183 million USD per square kilometre | 10 |
| 1980s | 0.1572 million USD per square kilometre | 0.1363 million USD per square kilometre | 0.1754 million USD per square kilometre | 10 |
| 1990s | 0.2253 million USD per square kilometre | 0.173 million USD per square kilometre | 0.276 million USD per square kilometre | 10 |
| 2000s | 0.3593 million USD per square kilometre | 0.2835 million USD per square kilometre | 0.4769 million USD per square kilometre | 10 |
| 2010s | 0.7207 million USD per square kilometre | 0.5063 million USD per square kilometre | 0.8969 million USD per square kilometre | 10 |
| 2020s | 0.8897 million USD per square kilometre | 0.7384 million USD per square kilometre | 1.02 million USD per square kilometre | 4 |
Countries ranked near Panama
- 70 Marshall Islands 1.17 million USD per square kilometre compare
- 71 India 1.1 million USD per square kilometre compare
- 72 Romania 1.03 million USD per square kilometre compare
- 74 Turks and Caicos Islands 0.9897 million USD per square kilometre compare
- 75 Thailand 0.8973 million USD per square kilometre compare
- 76 Lithuania 0.8571 million USD 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, per square kilometre in Panama?
- Gross domestic product — value us$, 2015 prices, per square kilometre in Panama was 1.02 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per square kilometre recorded in Panama?
- The highest recorded value was 1.02 million USD per square kilometre in 2023.
- What is the lowest gross domestic product — value us$, 2015 prices, per square kilometre recorded in Panama?
- The lowest recorded value was 0.0798 million USD per square kilometre in 1970.
- How does Panama rank for gross domestic product — value us$, 2015 prices, per square kilometre?
- Panama ranks 73rd out of 194 countries with data for 2023.
- Is gross domestic product — value us$, 2015 prices, per square kilometre rising or falling in Panama?
- Over the last ten years it is up 52.3%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value US$, 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.