Gross fixed capital formation in Panama
Panama: Gross fixed capital formation was 27.17 billion current US$ in 2024. ◆ Volatile
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$, in 1960.
That places Panama 62nd out of 179 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 132.54 million current US$ | 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
- External balance on goods and services as a percent of GDP 5.0% (2024)
- Inflation of consumer prices -0.2% (2025)
- GDP per capita 17,650 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.8% (2025)
- Gross domestic product (GDP) 80.68 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,650 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (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 179 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.
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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.