Gross Domestic Product — Value US$, per capita in Panama
Panama: Gross Domestic Product — Value US$, per capita was 0.0191 million USD per person in 2024. ◆ Volatile
Gross Domestic Product — Value US$, per capita in Panama, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross domestic product — value us$, per capita in Panama stood at 0.0191 million USD per person. That is the highest value across all 55 years on record.
That represents a change of up 2.2% on the previous year and up 45.7% over ten years.
Over the whole period, gross domestic product — value us$, per capita in Panama peaked at 0.0191 million USD per person in 2024 and was at its lowest, 0.0008 million USD per person, in 1970.
That places Panama 68th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, per capita in Panama, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0008 million USD per person | — |
| 1971 | 0.0008 million USD per person | +9.7% |
| 1972 | 0.0009 million USD per person | +6.9% |
| 1973 | 0.001 million USD per person | +11.3% |
| 1974 | 0.0011 million USD per person | +11.3% |
| 1975 | 0.0012 million USD per person | +9.1% |
| 1976 | 0.0013 million USD per person | +3.5% |
| 1977 | 0.0013 million USD per person | +3.4% |
| 1978 | 0.0015 million USD per person | +15.7% |
| 1979 | 0.0017 million USD per person | +11.7% |
| 1980 | 0.0021 million USD per person | +24.4% |
| 1981 | 0.0023 million USD per person | +10.0% |
| 1982 | 0.0024 million USD per person | +3.4% |
| 1983 | 0.0025 million USD per person | +2.6% |
| 1984 | 0.0025 million USD per person | +3.3% |
| 1985 | 0.0026 million USD per person | +4.2% |
| 1986 | 0.0027 million USD per person | +3.3% |
| 1987 | 0.0028 million USD per person | +0.9% |
| 1988 | 0.0024 million USD per person | -12.6% |
| 1989 | 0.0024 million USD per person | -1.9% |
| 1990 | 0.0025 million USD per person | +6.4% |
| 1991 | 0.0027 million USD per person | +7.6% |
| 1992 | 0.003 million USD per person | +11.3% |
| 1993 | 0.0032 million USD per person | +7.0% |
| 1994 | 0.0034 million USD per person | +4.5% |
| 1995 | 0.0034 million USD per person | +0.2% |
| 1996 | 0.0034 million USD per person | +1.0% |
| 1997 | 0.0036 million USD per person | +6.0% |
| 1998 | 0.0038 million USD per person | +6.3% |
| 1999 | 0.0039 million USD per person | +2.7% |
| 2000 | 0.0039 million USD per person | -0.5% |
| 2001 | 0.0039 million USD per person | -0.3% |
| 2002 | 0.004 million USD per person | +2.0% |
| 2003 | 0.0041 million USD per person | +3.4% |
| 2004 | 0.0044 million USD per person | +7.6% |
| 2005 | 0.0047 million USD per person | +7.0% |
| 2006 | 0.0052 million USD per person | +8.8% |
| 2007 | 0.0062 million USD per person | +20.1% |
| 2008 | 0.0072 million USD per person | +16.4% |
| 2009 | 0.0077 million USD per person | +6.2% |
| 2010 | 0.0082 million USD per person | +7.0% |
| 2011 | 0.0095 million USD per person | +16.1% |
| 2012 | 0.0109 million USD per person | +14.9% |
| 2013 | 0.0122 million USD per person | +11.2% |
| 2014 | 0.0131 million USD per person | +7.9% |
| 2015 | 0.014 million USD per person | +6.8% |
| 2016 | 0.0148 million USD per person | +5.6% |
| 2017 | 0.0157 million USD per person | +5.9% |
| 2018 | 0.0161 million USD per person | +3.0% |
| 2019 | 0.0165 million USD per person | +2.0% |
| 2020 | 0.0133 million USD per person | -19.2% |
| 2021 | 0.0155 million USD per person | +16.7% |
| 2022 | 0.0174 million USD per person | +12.1% |
| 2023 | 0.0187 million USD per person | +7.5% |
| 2024 | 0.0191 million USD per person | +2.2% |
Panama compared with similar countries
- Panama's 0.0191 million USD per person is below the median for high income countries, which is 0.0353 million USD per person, 54% of the median. (73 countries reporting)
- Panama's 0.0191 million USD per person is above the median for Latin America & Caribbean, which is 0.0142 million USD per person, 1.3× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0012 million USD per person | 0.0008 million USD per person | 0.0017 million USD per person | 10 |
| 1980s | 0.0025 million USD per person | 0.0021 million USD per person | 0.0028 million USD per person | 10 |
| 1990s | 0.0033 million USD per person | 0.0025 million USD per person | 0.0039 million USD per person | 10 |
| 2000s | 0.0051 million USD per person | 0.0039 million USD per person | 0.0077 million USD per person | 10 |
| 2010s | 0.0131 million USD per person | 0.0082 million USD per person | 0.0165 million USD per person | 10 |
| 2020s | 0.0168 million USD per person | 0.0133 million USD per person | 0.0191 million USD per person | 5 |
Countries ranked near Panama
- 65 Romania 0.0201 million USD per person compare
- 66 Cuba 0.02 million USD per person compare
- 67 Trinidad and Tobago 0.0193 million USD per person compare
- 69 Costa Rica 0.0186 million USD per person compare
- 70 Palau 0.0177 million USD per person compare
- 71 Seychelles 0.0175 million USD 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, per capita in Panama?
- Gross domestic product — value us$, per capita in Panama was 0.0191 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, per capita recorded in Panama?
- The highest recorded value was 0.0191 million USD per person in 2024.
- What is the lowest gross domestic product — value us$, per capita recorded in Panama?
- The lowest recorded value was 0.0008 million USD per person in 1970.
- How does Panama rank for gross domestic product — value us$, per capita?
- Panama ranks 68th out of 194 countries with data for 2024.
- Is gross domestic product — value us$, per capita rising or falling in Panama?
- Over the last ten years it is up 45.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 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 US$ 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$ ÷ Population, total
Computed from
- Gross Domestic Product — Value US$ 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$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.