Gross fixed capital formation, private sector in Panama
Panama: Gross fixed capital formation, private sector was 25.4% in 2024. ▲ Rising
Gross fixed capital formation, private sector in Panama, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross fixed capital formation, private sector in Panama stood at 25.4%.
That represents a change of down 6.3% on the previous year and down 22.4% over ten years.
Over the whole period, gross fixed capital formation, private sector in Panama peaked at 33.7% in 2015 and was at its lowest, 4.1%, in 1989.
That places Panama 17th out of 106 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Gross fixed capital formation, private sector in Panama, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 10.4% | — |
| 1961 | 11.0% | +6.6% |
| 1962 | 10.6% | -4.2% |
| 1963 | 10.8% | +2.6% |
| 1964 | 9.1% | -16.5% |
| 1965 | 10.3% | +13.8% |
| 1966 | 14.7% | +43.1% |
| 1967 | 13.5% | -8.6% |
| 1968 | 14.2% | +5.1% |
| 1969 | 14.5% | +2.4% |
| 1970 | 15.7% | +7.9% |
| 1971 | 17.3% | +10.3% |
| 1972 | 13.8% | -20.4% |
| 1973 | 18.2% | +32.4% |
| 1974 | 14.9% | -18.0% |
| 1975 | 12.3% | -17.3% |
| 1976 | 9.4% | -23.6% |
| 1977 | 7.0% | -25.7% |
| 1978 | 8.6% | +23.2% |
| 1979 | 12.1% | +40.5% |
| 1980 | 12.3% | +1.5% |
| 1981 | 15.8% | +28.3% |
| 1982 | 14.0% | -11.3% |
| 1983 | 11.6% | -17.1% |
| 1984 | 8.6% | -26.2% |
| 1985 | 10.6% | +23.6% |
| 1986 | 12.0% | +13.5% |
| 1987 | 15.1% | +25.9% |
| 1988 | 5.1% | -66.0% |
| 1989 | 4.1% | -20.6% |
| 1990 | 6.7% | +63.3% |
| 1991 | 10.7% | +60.9% |
| 1992 | 13.6% | +26.4% |
| 1993 | 17.8% | +30.9% |
| 1994 | 18.7% | +5.0% |
| 1995 | 19.6% | +4.7% |
| 2012 | 26.7% | +36.7% |
| 2013 | 28.2% | +5.5% |
| 2014 | 32.7% | +16.1% |
| 2015 | 33.7% | +3.1% |
| 2016 | 30.5% | -9.5% |
| 2017 | 33.4% | +9.5% |
| 2018 | 32.7% | -2.1% |
| 2019 | 30.8% | -5.8% |
| 2020 | 21.2% | -31.2% |
| 2021 | 24.7% | +16.6% |
| 2022 | 26.9% | +8.7% |
| 2023 | 27.1% | +1.0% |
| 2024 | 25.4% | -6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.9% | 9.1% | 14.7% | 10 |
| 1970s | 12.9% | 7.0% | 18.2% | 10 |
| 1980s | 10.9% | 4.1% | 15.8% | 10 |
| 1990s | 14.5% | 6.7% | 19.6% | 6 |
| 2010s | 31.1% | 26.7% | 33.7% | 8 |
| 2020s | 25.1% | 21.2% | 27.1% | 5 |
Countries ranked near Panama
- 14 Kazakhstan 25.7% compare
- 15 Dominican Republic 25.6% compare
- 16 Brunei Darussalam 25.6% compare
- 18 Senegal 25.3% compare
- 19 Kosovo 24.5% compare
- 19 Kosovo (UNSCR 1244) 24.5% compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.048 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 949.21 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.048 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 949.21 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0403 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 796.82 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 842.84 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.09 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Panama?
- Gross fixed capital formation, private sector in Panama was 25.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Panama?
- The highest recorded value was 33.7% in 2015.
- What is the lowest gross fixed capital formation, private sector recorded in Panama?
- The lowest recorded value was 4.1% in 1989.
- How does Panama rank for gross fixed capital formation, private sector?
- Panama ranks 17th out of 106 countries with data for 2024.
- Is gross fixed capital formation, private sector rising or falling in Panama?
- Over the last ten years it is down 22.4%. The long-run trend across the full record is rising.
- 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.