Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Panama
Panama: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 25,077 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Panama, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Panama stood at 25,077 million SLC. That is the highest value across all 55 years on record.
That represents a change of up 2.1% on the previous year and up 22.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Panama peaked at 25,077 million SLC in 2024 and was at its lowest, 607.54 million SLC, in 1989.
Panama ranks 121st of 194 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 — Value Standard Local Currency, 2015 in Panama, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,436 million SLC | — |
| 1971 | 1,650 million SLC | +14.9% |
| 1972 | 2,045 million SLC | +24.0% |
| 1973 | 2,049 million SLC | +0.2% |
| 1974 | 1,834 million SLC | -10.5% |
| 1975 | 1,979 million SLC | +7.9% |
| 1976 | 2,018 million SLC | +2.0% |
| 1977 | 1,341 million SLC | -33.6% |
| 1978 | 1,662 million SLC | +24.0% |
| 1979 | 1,644 million SLC | -1.1% |
| 1980 | 2,002 million SLC | +21.8% |
| 1981 | 2,483 million SLC | +24.0% |
| 1982 | 2,571 million SLC | +3.5% |
| 1983 | 1,856 million SLC | -27.8% |
| 1984 | 1,662 million SLC | -10.5% |
| 1985 | 1,590 million SLC | -4.4% |
| 1986 | 1,981 million SLC | +24.7% |
| 1987 | 2,182 million SLC | +10.1% |
| 1988 | 937.33 million SLC | -57.0% |
| 1989 | 607.54 million SLC | -35.2% |
| 1990 | 875.77 million SLC | +44.2% |
| 1991 | 1,659 million SLC | +89.4% |
| 1992 | 2,354 million SLC | +41.9% |
| 1993 | 3,322 million SLC | +41.1% |
| 1994 | 3,510 million SLC | +5.6% |
| 1995 | 3,779 million SLC | +7.7% |
| 1996 | 3,675 million SLC | -2.8% |
| 1997 | 3,945 million SLC | +7.3% |
| 1998 | 4,525 million SLC | +14.7% |
| 1999 | 5,028 million SLC | +11.1% |
| 2000 | 4,659 million SLC | -7.3% |
| 2001 | 3,462 million SLC | -25.7% |
| 2002 | 3,267 million SLC | -5.6% |
| 2003 | 4,028 million SLC | +23.3% |
| 2004 | 4,406 million SLC | +9.4% |
| 2005 | 4,689 million SLC | +6.4% |
| 2006 | 5,468 million SLC | +16.6% |
| 2007 | 7,709 million SLC | +41.0% |
| 2008 | 9,450 million SLC | +22.6% |
| 2009 | 9,204 million SLC | -2.6% |
| 2010 | 10,325 million SLC | +12.2% |
| 2011 | 12,305 million SLC | +19.2% |
| 2012 | 15,437 million SLC | +25.5% |
| 2013 | 18,754 million SLC | +21.5% |
| 2014 | 20,463 million SLC | +9.1% |
| 2015 | 21,868 million SLC | +6.9% |
| 2016 | 22,410 million SLC | +2.5% |
| 2017 | 24,207 million SLC | +8.0% |
| 2018 | 24,470 million SLC | +1.1% |
| 2019 | 24,155 million SLC | -1.3% |
| 2020 | 12,554 million SLC | -48.0% |
| 2021 | 16,443 million SLC | +31.0% |
| 2022 | 19,853 million SLC | +20.7% |
| 2023 | 24,555 million SLC | +23.7% |
| 2024 | 25,077 million SLC | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,766 million SLC | 1,341 million SLC | 2,049 million SLC | 10 |
| 1980s | 1,787 million SLC | 607.54 million SLC | 2,571 million SLC | 10 |
| 1990s | 3,267 million SLC | 875.77 million SLC | 5,028 million SLC | 10 |
| 2000s | 5,634 million SLC | 3,267 million SLC | 9,450 million SLC | 10 |
| 2010s | 19,439 million SLC | 10,325 million SLC | 24,470 million SLC | 10 |
| 2020s | 19,696 million SLC | 12,554 million SLC | 25,077 million SLC | 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)
- Gross domestic savings (current US$), annual growth rate -1.43 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3858 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 7,392 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -1.43 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.3858 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 7,392 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 7.89 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9669 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Panama?
- Gross fixed capital formation — value standard local currency, 2015 in Panama was 25,077 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Panama?
- The highest recorded value was 25,077 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Panama?
- The lowest recorded value was 607.54 million SLC in 1989.
- How does Panama rank for gross fixed capital formation — value standard local currency, 2015?
- Panama ranks 121st out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Panama?
- Over the last ten years it is up 22.5%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).