Gross fixed capital formation (constant LCU) in Panama
Panama: Gross fixed capital formation (constant LCU) was 25.65 billion constant LCU in 2024. ◆ Volatile
Gross fixed capital formation in Panama, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross fixed capital formation in Panama stood at 25.65 billion constant LCU.
Compared with earlier readings it is up 2.4% on the previous year and up 16.6% over ten years.
Over the whole period, gross fixed capital formation in Panama peaked at 26.03 billion constant LCU in 2018 and was at its lowest, 3.07 billion constant LCU, in 1996.
Panama ranks 117th of 168 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 (constant LCU) in Panama, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1996 | 3.07 billion constant LCU | — |
| 1997 | 3.37 billion constant LCU | +9.9% |
| 1998 | 3.98 billion constant LCU | +18.0% |
| 1999 | 4.55 billion constant LCU | +14.3% |
| 2000 | 4.36 billion constant LCU | -4.1% |
| 2001 | 3.32 billion constant LCU | -23.9% |
| 2002 | 3.18 billion constant LCU | -4.3% |
| 2003 | 3.97 billion constant LCU | +25.0% |
| 2004 | 4.39 billion constant LCU | +10.5% |
| 2005 | 4.87 billion constant LCU | +11.0% |
| 2006 | 5.89 billion constant LCU | +21.0% |
| 2007 | 8.44 billion constant LCU | +43.1% |
| 2008 | 10.32 billion constant LCU | +22.4% |
| 2009 | 10.07 billion constant LCU | -2.5% |
| 2010 | 11.29 billion constant LCU | +12.2% |
| 2011 | 13.46 billion constant LCU | +19.2% |
| 2012 | 16.80 billion constant LCU | +24.8% |
| 2013 | 20.25 billion constant LCU | +20.6% |
| 2014 | 21.99 billion constant LCU | +8.6% |
| 2015 | 23.37 billion constant LCU | +6.2% |
| 2016 | 23.85 billion constant LCU | +2.1% |
| 2017 | 25.74 billion constant LCU | +7.9% |
| 2018 | 26.03 billion constant LCU | +1.1% |
| 2019 | 25.67 billion constant LCU | -1.4% |
| 2020 | 13.41 billion constant LCU | -47.8% |
| 2021 | 17.59 billion constant LCU | +31.2% |
| 2022 | 21.20 billion constant LCU | +20.6% |
| 2023 | 25.05 billion constant LCU | +18.2% |
| 2024 | 25.65 billion constant LCU | +2.4% |
Panama compared with similar countries
- Panama's 25.65 billion constant LCU is below the median for high income countries, which is 135.02 billion constant LCU, 19% of the median. (58 countries reporting)
- Panama's 25.65 billion constant LCU is below the median for Latin America & Caribbean, which is 71.80 billion constant LCU, 36% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.74 billion constant LCU | 3.07 billion constant LCU | 4.55 billion constant LCU | 4 |
| 2000s | 5.88 billion constant LCU | 3.18 billion constant LCU | 10.32 billion constant LCU | 10 |
| 2010s | 20.85 billion constant LCU | 11.29 billion constant LCU | 26.03 billion constant LCU | 10 |
| 2020s | 20.58 billion constant LCU | 13.41 billion constant LCU | 25.65 billion constant LCU | 5 |
Countries ranked near Panama
More economy & growth data for Panama
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Panama?
- Gross fixed capital formation in Panama was 25.65 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Panama?
- The highest recorded value was 26.03 billion constant LCU in 2018.
- What is the lowest gross fixed capital formation recorded in Panama?
- The lowest recorded value was 3.07 billion constant LCU in 1996.
- How does Panama rank for gross fixed capital formation?
- Panama ranks 117th out of 168 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Panama?
- Over the last ten years it is up 16.6%. 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 Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.