Gross Domestic Product — Value US$, per square kilometre in Panama
Panama: Gross Domestic Product — Value US$, per square kilometre was 1.12 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.12 million USD per square kilometre
Change on year
up 9.0%
World rank
76th
of 194 countries
All-time high
1.12 million USD per square kilometre
in 2023
All-time low
0.0157 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Domestic Product — Value US$, per square kilometre in Panama, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Panama recorded 1.12 million USD per square kilometre for gross domestic product — value us$, per square kilometre 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 us$, per square kilometre in Panama peaked at 1.12 million USD per square kilometre in 2023 and was at its lowest, 0.0157 million USD per square kilometre, in 1970.
That places Panama 76th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, per square kilometre in Panama, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0157 million USD per square kilometre | — |
| 1971 | 0.0177 million USD per square kilometre | +12.8% |
| 1972 | 0.0194 million USD per square kilometre | +9.9% |
| 1973 | 0.0222 million USD per square kilometre | +14.4% |
| 1974 | 0.0254 million USD per square kilometre | +14.3% |
| 1975 | 0.0285 million USD per square kilometre | +12.0% |
| 1976 | 0.0302 million USD per square kilometre | +6.2% |
| 1977 | 0.032 million USD per square kilometre | +6.0% |
| 1978 | 0.038 million USD per square kilometre | +18.6% |
| 1979 | 0.0435 million USD per square kilometre | +14.5% |
| 1980 | 0.0554 million USD per square kilometre | +27.4% |
| 1981 | 0.0624 million USD per square kilometre | +12.6% |
| 1982 | 0.0661 million USD per square kilometre | +5.9% |
| 1983 | 0.0694 million USD per square kilometre | +5.1% |
| 1984 | 0.0734 million USD per square kilometre | +5.7% |
| 1985 | 0.0783 million USD per square kilometre | +6.6% |
| 1986 | 0.0827 million USD per square kilometre | +5.7% |
| 1987 | 0.0853 million USD per square kilometre | +3.1% |
| 1988 | 0.0762 million USD per square kilometre | -10.6% |
| 1989 | 0.0764 million USD per square kilometre | +0.3% |
| 1990 | 0.0831 million USD per square kilometre | +8.7% |
| 1991 | 0.0913 million USD per square kilometre | +10.0% |
| 1992 | 0.1038 million USD per square kilometre | +13.7% |
| 1993 | 0.1134 million USD per square kilometre | +9.2% |
| 1994 | 0.1209 million USD per square kilometre | +6.6% |
| 1995 | 0.1236 million USD per square kilometre | +2.2% |
| 1996 | 0.1274 million USD per square kilometre | +3.1% |
| 1997 | 0.1378 million USD per square kilometre | +8.2% |
| 1998 | 0.1494 million USD per square kilometre | +8.4% |
| 1999 | 0.1566 million USD per square kilometre | +4.8% |
| 2000 | 0.1588 million USD per square kilometre | +1.4% |
| 2001 | 0.1614 million USD per square kilometre | +1.6% |
| 2002 | 0.1677 million USD per square kilometre | +3.9% |
| 2003 | 0.1768 million USD per square kilometre | +5.4% |
| 2004 | 0.1938 million USD per square kilometre | +9.6% |
| 2005 | 0.2114 million USD per square kilometre | +9.1% |
| 2006 | 0.2342 million USD per square kilometre | +10.8% |
| 2007 | 0.2865 million USD per square kilometre | +22.3% |
| 2008 | 0.3395 million USD per square kilometre | +18.5% |
| 2009 | 0.3671 million USD per square kilometre | +8.1% |
| 2010 | 0.3999 million USD per square kilometre | +8.9% |
| 2011 | 0.4727 million USD per square kilometre | +18.2% |
| 2012 | 0.5528 million USD per square kilometre | +16.9% |
| 2013 | 0.6255 million USD per square kilometre | +13.2% |
| 2014 | 0.689 million USD per square kilometre | +10.2% |
| 2015 | 0.749 million USD per square kilometre | +8.7% |
| 2016 | 0.8045 million USD per square kilometre | +7.4% |
| 2017 | 0.867 million USD per square kilometre | +7.8% |
| 2018 | 0.9072 million USD per square kilometre | +4.6% |
| 2019 | 0.9399 million USD per square kilometre | +3.6% |
| 2020 | 0.7696 million USD per square kilometre | -18.1% |
| 2021 | 0.9087 million USD per square kilometre | +18.1% |
| 2022 | 1.03 million USD per square kilometre | +13.5% |
| 2023 | 1.12 million USD per square kilometre | +9.0% |
Panama compared with similar countries
- Panama's 1.12 million USD per square kilometre is below the median for high income countries, which is 3.67 million USD per square kilometre, 31% of the median. (73 countries reporting)
- Panama's 1.12 million USD per square kilometre is below the median for Latin America & Caribbean, which is 1.45 million USD per square kilometre, 77% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0273 million USD per square kilometre | 0.0157 million USD per square kilometre | 0.0435 million USD per square kilometre | 10 |
| 1980s | 0.0725 million USD per square kilometre | 0.0554 million USD per square kilometre | 0.0853 million USD per square kilometre | 10 |
| 1990s | 0.1207 million USD per square kilometre | 0.0831 million USD per square kilometre | 0.1566 million USD per square kilometre | 10 |
| 2000s | 0.2297 million USD per square kilometre | 0.1588 million USD per square kilometre | 0.3671 million USD per square kilometre | 10 |
| 2010s | 0.7007 million USD per square kilometre | 0.3999 million USD per square kilometre | 0.9399 million USD per square kilometre | 10 |
| 2020s | 0.9585 million USD per square kilometre | 0.7696 million USD per square kilometre | 1.12 million USD per square kilometre | 4 |
Countries ranked near Panama
- 73 Lithuania 1.27 million USD per square kilometre compare
- 74 Malaysia 1.22 million USD per square kilometre compare
- 75 India 1.2 million USD per square kilometre compare
- 77 Thailand 1.01 million USD per square kilometre compare
- 78 Guatemala 0.9747 million USD per square kilometre compare
- 79 Finland 0.9723 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, per square kilometre in Panama?
- Gross domestic product — value us$, per square kilometre in Panama was 1.12 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, per square kilometre recorded in Panama?
- The highest recorded value was 1.12 million USD per square kilometre in 2023.
- What is the lowest gross domestic product — value us$, per square kilometre recorded in Panama?
- The lowest recorded value was 0.0157 million USD per square kilometre in 1970.
- How does Panama rank for gross domestic product — value us$, per square kilometre?
- Panama ranks 76th out of 194 countries with data for 2023.
- Is gross domestic product — value us$, per square kilometre rising or falling in Panama?
- Over the last ten years it is up 79.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value US$ 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$ 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.