Gross fixed capital formation (current LCU) in Panama
Panama: Gross fixed capital formation (current LCU) was 27.17 billion current LCU in 2024. ◆ Volatile
Latest (2024)
27.17 billion current LCU
Change on year
up 1.5%
World rank
134th
of 181 countries
All-time high
27.17 billion current LCU
in 2024
All-time low
68.95 million current LCU
in 1960
Years of data
65
1960–2024
Gross fixed capital formation in Panama, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross fixed capital formation in Panama stood at 27.17 billion current LCU. That is the highest value across all 65 years on record.
That represents a change of up 1.5% on the previous year and up 31.4% over ten years.
Over the whole period, gross fixed capital formation in Panama peaked at 27.17 billion current LCU in 2024 and was at its lowest, 68.95 million current LCU, in 1960.
That places Panama 134th out of 181 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 fixed capital formation (current LCU) in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 68.95 million current LCU | — |
| 1961 | 90.29 million current LCU | +30.9% |
| 1962 | 95.90 million current LCU | +6.2% |
| 1963 | 108.48 million current LCU | +13.1% |
| 1964 | 98.60 million current LCU | -9.1% |
| 1965 | 112.41 million current LCU | +14.0% |
| 1966 | 159.57 million current LCU | +42.0% |
| 1967 | 171.48 million current LCU | +7.5% |
| 1968 | 194.84 million current LCU | +13.6% |
| 1969 | 224.93 million current LCU | +15.4% |
| 1970 | 286.58 million current LCU | +27.4% |
| 1971 | 335.17 million current LCU | +17.0% |
| 1972 | 407.28 million current LCU | +21.5% |
| 1973 | 475.78 million current LCU | +16.8% |
| 1974 | 508.82 million current LCU | +6.9% |
| 1975 | 585.97 million current LCU | +15.2% |
| 1976 | 665.96 million current LCU | +13.7% |
| 1977 | 487.92 million current LCU | -26.7% |
| 1978 | 663.44 million current LCU | +36.0% |
| 1979 | 723.51 million current LCU | +9.1% |
| 1980 | 946.30 million current LCU | +30.8% |
| 1981 | 1.19 billion current LCU | +26.1% |
| 1982 | 1.31 billion current LCU | +10.1% |
| 1983 | 1.02 billion current LCU | -22.2% |
| 1984 | 834.54 million current LCU | -18.3% |
| 1985 | 901.56 million current LCU | +8.0% |
| 1986 | 1.03 billion current LCU | +14.6% |
| 1987 | 1.17 billion current LCU | +13.7% |
| 1988 | 463.05 million current LCU | -60.6% |
| 1989 | 343.93 million current LCU | -25.7% |
| 1990 | 490.72 million current LCU | +42.7% |
| 1991 | 944.14 million current LCU | +92.4% |
| 1992 | 1.33 billion current LCU | +40.6% |
| 1993 | 1.82 billion current LCU | +36.9% |
| 1994 | 1.98 billion current LCU | +8.8% |
| 1995 | 2.22 billion current LCU | +12.5% |
| 1996 | 1.85 billion current LCU | -16.7% |
| 1997 | 2.04 billion current LCU | +10.3% |
| 1998 | 2.52 billion current LCU | +23.4% |
| 1999 | 2.70 billion current LCU | +7.2% |
| 2000 | 2.68 billion current LCU | -0.8% |
| 2001 | 2.01 billion current LCU | -25.0% |
| 2002 | 1.90 billion current LCU | -5.6% |
| 2003 | 2.56 billion current LCU | +34.8% |
| 2004 | 2.78 billion current LCU | +8.6% |
| 2005 | 3.21 billion current LCU | +15.7% |
| 2006 | 4.02 billion current LCU | +25.1% |
| 2007 | 5.94 billion current LCU | +47.8% |
| 2008 | 7.96 billion current LCU | +33.9% |
| 2009 | 7.92 billion current LCU | -0.5% |
| 2010 | 8.81 billion current LCU | +11.3% |
| 2011 | 10.91 billion current LCU | +23.8% |
| 2012 | 14.50 billion current LCU | +32.9% |
| 2013 | 18.18 billion current LCU | +25.4% |
| 2014 | 20.68 billion current LCU | +13.8% |
| 2015 | 21.88 billion current LCU | +5.8% |
| 2016 | 22.90 billion current LCU | +4.6% |
| 2017 | 25.30 billion current LCU | +10.5% |
| 2018 | 26.03 billion current LCU | +2.9% |
| 2019 | 25.85 billion current LCU | -0.7% |
| 2020 | 13.50 billion current LCU | -47.8% |
| 2021 | 18.49 billion current LCU | +36.9% |
| 2022 | 22.64 billion current LCU | +22.5% |
| 2023 | 26.75 billion current LCU | +18.1% |
| 2024 | 27.17 billion current LCU | +1.5% |
Panama compared with similar countries
- Panama's 27.17 billion current LCU is below the median for high income countries, which is 147.41 billion current LCU, 18% of the median. (64 countries reporting)
- Panama's 27.17 billion current LCU is below the median for Latin America & Caribbean, which is 200.44 billion current LCU, 14% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 132.54 million current LCU | 68.95 million current LCU | 224.93 million current LCU | 10 |
| 1970s | 514.04 million current LCU | 286.58 million current LCU | 723.51 million current LCU | 10 |
| 1980s | 922.51 million current LCU | 343.93 million current LCU | 1.31 billion current LCU | 10 |
| 1990s | 1.79 billion current LCU | 490.72 million current LCU | 2.70 billion current LCU | 10 |
| 2000s | 4.10 billion current LCU | 1.90 billion current LCU | 7.96 billion current LCU | 10 |
| 2010s | 19.50 billion current LCU | 8.81 billion current LCU | 26.03 billion current LCU | 10 |
| 2020s | 21.71 billion current LCU | 13.50 billion current LCU | 27.17 billion current LCU | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Panama?
- Gross fixed capital formation in Panama was 27.17 billion current 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 27.17 billion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Panama?
- The lowest recorded value was 68.95 million current LCU in 1960.
- How does Panama rank for gross fixed capital formation?
- Panama ranks 134th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Panama?
- Over the last ten years it is up 31.4%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.