Gross fixed capital formation in Panama
Panama: Gross fixed capital formation was 2.4% in 2024. ◆ Volatile
Gross fixed capital formation in Panama, 1997–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, gross fixed capital formation in Panama stood at 2.4%.
Compared with earlier readings it is down 86.9% on the previous year and down 72.3% over ten years.
Over the whole period, gross fixed capital formation in Panama peaked at 43.1% in 2007 and was at its lowest, -47.8%, in 2020.
Panama ranks 106th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Panama, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1997 | 9.9% | — |
| 1998 | 18.0% | +80.9% |
| 1999 | 14.3% | -20.7% |
| 2000 | -4.1% | -128.7% |
| 2001 | -23.9% | +483.5% |
| 2002 | -4.3% | -81.8% |
| 2003 | 25.0% | -676.6% |
| 2004 | 10.5% | -58.2% |
| 2005 | 11.0% | +5.4% |
| 2006 | 21.0% | +90.2% |
| 2007 | 43.1% | +105.5% |
| 2008 | 22.4% | -48.0% |
| 2009 | -2.5% | -111.2% |
| 2010 | 12.2% | -586.5% |
| 2011 | 19.2% | +57.9% |
| 2012 | 24.8% | +29.4% |
| 2013 | 20.6% | -17.2% |
| 2014 | 8.6% | -58.2% |
| 2015 | 6.2% | -27.4% |
| 2016 | 2.1% | -66.7% |
| 2017 | 7.9% | +282.1% |
| 2018 | 1.1% | -85.8% |
| 2019 | -1.4% | -222.5% |
| 2020 | -47.8% | +3350.8% |
| 2021 | 31.2% | -165.2% |
| 2022 | 20.6% | -34.0% |
| 2023 | 18.2% | -11.7% |
| 2024 | 2.4% | -86.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.1% | 9.9% | 18.0% | 3 |
| 2000s | 9.8% | -23.9% | 43.1% | 10 |
| 2010s | 10.1% | -1.4% | 24.8% | 10 |
| 2020s | 4.9% | -47.8% | 31.2% | 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)
- GDP (current US$), annual growth rate 4.55 % change on previous year (2025)
- GDP (current US$), per capita 19,790 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.55 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 19,790 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8919 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,650 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Panama?
- Gross fixed capital formation in Panama was 2.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Panama?
- The highest recorded value was 43.1% in 2007.
- What is the lowest gross fixed capital formation recorded in Panama?
- The lowest recorded value was -47.8% in 2020.
- How does Panama rank for gross fixed capital formation?
- Panama ranks 106th out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Panama?
- Over the last ten years it is down 72.3%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.