Gross fixed capital formation in Panama
Panama: Gross fixed capital formation was 27.17 billion current US$ in 2024. ◆ Volatile
Latest (2024)
27.17 billion current US$
Change on year
up 1.5%
World rank
62nd
of 181 countries
All-time high
27.17 billion current US$
in 2024
All-time low
68.95 million current US$
in 1960
Years of data
65
1960–2024
Gross fixed capital formation in Panama, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Panama is 27.17 billion current US$, measured in 2024. That is the highest value across all 65 years on record.
The figure is 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 US$ in 2024 and was at its lowest, 68.95 million current US$, in 1960.
That places Panama 62nd out of 181 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 68.95 million current US$ | — |
| 1961 | 90.29 million current US$ | +30.9% |
| 1962 | 95.90 million current US$ | +6.2% |
| 1963 | 108.48 million current US$ | +13.1% |
| 1964 | 98.60 million current US$ | -9.1% |
| 1965 | 112.41 million current US$ | +14.0% |
| 1966 | 159.57 million current US$ | +42.0% |
| 1967 | 171.48 million current US$ | +7.5% |
| 1968 | 194.84 million current US$ | +13.6% |
| 1969 | 224.93 million current US$ | +15.4% |
| 1970 | 286.58 million current US$ | +27.4% |
| 1971 | 335.17 million current US$ | +17.0% |
| 1972 | 407.28 million current US$ | +21.5% |
| 1973 | 475.78 million current US$ | +16.8% |
| 1974 | 508.82 million current US$ | +6.9% |
| 1975 | 585.97 million current US$ | +15.2% |
| 1976 | 665.96 million current US$ | +13.7% |
| 1977 | 487.92 million current US$ | -26.7% |
| 1978 | 663.44 million current US$ | +36.0% |
| 1979 | 723.51 million current US$ | +9.1% |
| 1980 | 946.30 million current US$ | +30.8% |
| 1981 | 1.19 billion current US$ | +26.1% |
| 1982 | 1.31 billion current US$ | +10.1% |
| 1983 | 1.02 billion current US$ | -22.2% |
| 1984 | 834.54 million current US$ | -18.3% |
| 1985 | 901.56 million current US$ | +8.0% |
| 1986 | 1.03 billion current US$ | +14.6% |
| 1987 | 1.17 billion current US$ | +13.7% |
| 1988 | 463.05 million current US$ | -60.6% |
| 1989 | 343.93 million current US$ | -25.7% |
| 1990 | 490.72 million current US$ | +42.7% |
| 1991 | 944.14 million current US$ | +92.4% |
| 1992 | 1.33 billion current US$ | +40.6% |
| 1993 | 1.82 billion current US$ | +36.9% |
| 1994 | 1.98 billion current US$ | +8.8% |
| 1995 | 2.22 billion current US$ | +12.5% |
| 1996 | 1.85 billion current US$ | -16.7% |
| 1997 | 2.04 billion current US$ | +10.3% |
| 1998 | 2.52 billion current US$ | +23.4% |
| 1999 | 2.70 billion current US$ | +7.2% |
| 2000 | 2.68 billion current US$ | -0.8% |
| 2001 | 2.01 billion current US$ | -25.0% |
| 2002 | 1.90 billion current US$ | -5.6% |
| 2003 | 2.56 billion current US$ | +34.8% |
| 2004 | 2.78 billion current US$ | +8.6% |
| 2005 | 3.21 billion current US$ | +15.7% |
| 2006 | 4.02 billion current US$ | +25.1% |
| 2007 | 5.94 billion current US$ | +47.8% |
| 2008 | 7.96 billion current US$ | +33.9% |
| 2009 | 7.92 billion current US$ | -0.5% |
| 2010 | 8.81 billion current US$ | +11.3% |
| 2011 | 10.91 billion current US$ | +23.8% |
| 2012 | 14.50 billion current US$ | +32.9% |
| 2013 | 18.18 billion current US$ | +25.4% |
| 2014 | 20.68 billion current US$ | +13.8% |
| 2015 | 21.88 billion current US$ | +5.8% |
| 2016 | 22.90 billion current US$ | +4.6% |
| 2017 | 25.30 billion current US$ | +10.5% |
| 2018 | 26.03 billion current US$ | +2.9% |
| 2019 | 25.85 billion current US$ | -0.7% |
| 2020 | 13.50 billion current US$ | -47.8% |
| 2021 | 18.49 billion current US$ | +36.9% |
| 2022 | 22.64 billion current US$ | +22.5% |
| 2023 | 26.75 billion current US$ | +18.1% |
| 2024 | 27.17 billion current US$ | +1.5% |
Panama compared with similar countries
- Panama's 27.17 billion current US$ is below the median for high income countries, which is 50.73 billion current US$, 54% of the median. (64 countries reporting)
- Panama's 27.17 billion current US$ is above the median for Latin America & Caribbean, which is 10.71 billion current US$, 2.5× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 132.54 million current US$ | 68.95 million current US$ | 224.93 million current US$ | 10 |
| 1970s | 514.04 million current US$ | 286.58 million current US$ | 723.51 million current US$ | 10 |
| 1980s | 922.51 million current US$ | 343.93 million current US$ | 1.31 billion current US$ | 10 |
| 1990s | 1.79 billion current US$ | 490.72 million current US$ | 2.70 billion current US$ | 10 |
| 2000s | 4.10 billion current US$ | 1.90 billion current US$ | 7.96 billion current US$ | 10 |
| 2010s | 19.50 billion current US$ | 8.81 billion current US$ | 26.03 billion current US$ | 10 |
| 2020s | 21.71 billion current US$ | 13.50 billion current US$ | 27.17 billion current US$ | 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)
- 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Panama?
- Gross fixed capital formation in Panama was 27.17 billion current US$ 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 27.17 billion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Panama?
- The lowest recorded value was 68.95 million current US$ in 1960.
- How does Panama rank for gross fixed capital formation?
- Panama ranks 62nd 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.