Gross Fixed Capital Formation — Value Standard Local Currency, per in Panama
Panama: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.3823 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.3823 million SLC per square kilometre
Change on year
up 25.6%
World rank
147th
of 194 countries
All-time high
0.3823 million SLC per square kilometre
in 2023
All-time low
0.0032 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Panama, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Panama recorded 0.3823 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.
That represents a change of up 25.6% on the previous year and up 56.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Panama peaked at 0.3823 million SLC per square kilometre in 2023 and was at its lowest, 0.0032 million SLC per square kilometre, in 1970.
That places Panama 147th out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Panama, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0032 million SLC per square kilometre | — |
| 1971 | 0.0038 million SLC per square kilometre | +17.0% |
| 1972 | 0.0046 million SLC per square kilometre | +21.5% |
| 1973 | 0.0054 million SLC per square kilometre | +16.8% |
| 1974 | 0.0058 million SLC per square kilometre | +6.9% |
| 1975 | 0.0066 million SLC per square kilometre | +15.2% |
| 1976 | 0.0075 million SLC per square kilometre | +13.7% |
| 1977 | 0.0055 million SLC per square kilometre | -26.7% |
| 1978 | 0.0075 million SLC per square kilometre | +36.0% |
| 1979 | 0.0082 million SLC per square kilometre | +9.1% |
| 1980 | 0.0107 million SLC per square kilometre | +31.0% |
| 1981 | 0.0135 million SLC per square kilometre | +26.1% |
| 1982 | 0.0149 million SLC per square kilometre | +10.1% |
| 1983 | 0.0116 million SLC per square kilometre | -22.2% |
| 1984 | 0.0095 million SLC per square kilometre | -18.3% |
| 1985 | 0.0102 million SLC per square kilometre | +8.0% |
| 1986 | 0.0117 million SLC per square kilometre | +14.6% |
| 1987 | 0.0133 million SLC per square kilometre | +13.7% |
| 1988 | 0.0053 million SLC per square kilometre | -60.6% |
| 1989 | 0.0039 million SLC per square kilometre | -25.7% |
| 1990 | 0.0056 million SLC per square kilometre | +42.7% |
| 1991 | 0.0107 million SLC per square kilometre | +92.4% |
| 1992 | 0.0151 million SLC per square kilometre | +40.6% |
| 1993 | 0.0206 million SLC per square kilometre | +36.9% |
| 1994 | 0.0224 million SLC per square kilometre | +8.8% |
| 1995 | 0.0253 million SLC per square kilometre | +12.5% |
| 1996 | 0.0253 million SLC per square kilometre | +0.1% |
| 1997 | 0.0272 million SLC per square kilometre | +7.6% |
| 1998 | 0.0328 million SLC per square kilometre | +20.8% |
| 1999 | 0.0344 million SLC per square kilometre | +4.7% |
| 2000 | 0.0331 million SLC per square kilometre | -3.7% |
| 2001 | 0.0241 million SLC per square kilometre | -27.1% |
| 2002 | 0.0224 million SLC per square kilometre | -7.2% |
| 2003 | 0.0297 million SLC per square kilometre | +32.6% |
| 2004 | 0.0316 million SLC per square kilometre | +6.5% |
| 2005 | 0.035 million SLC per square kilometre | +10.6% |
| 2006 | 0.0422 million SLC per square kilometre | +20.5% |
| 2007 | 0.0798 million SLC per square kilometre | +89.3% |
| 2008 | 0.1069 million SLC per square kilometre | +33.9% |
| 2009 | 0.1062 million SLC per square kilometre | -0.7% |
| 2010 | 0.1179 million SLC per square kilometre | +11.1% |
| 2011 | 0.1461 million SLC per square kilometre | +23.9% |
| 2012 | 0.1943 million SLC per square kilometre | +33.0% |
| 2013 | 0.2439 million SLC per square kilometre | +25.5% |
| 2014 | 0.2785 million SLC per square kilometre | +14.2% |
| 2015 | 0.295 million SLC per square kilometre | +5.9% |
| 2016 | 0.3094 million SLC per square kilometre | +4.9% |
| 2017 | 0.3419 million SLC per square kilometre | +10.5% |
| 2018 | 0.3513 million SLC per square kilometre | +2.7% |
| 2019 | 0.3473 million SLC per square kilometre | -1.2% |
| 2020 | 0.1813 million SLC per square kilometre | -47.8% |
| 2021 | 0.2487 million SLC per square kilometre | +37.1% |
| 2022 | 0.3045 million SLC per square kilometre | +22.4% |
| 2023 | 0.3823 million SLC per square kilometre | +25.6% |
Panama compared with similar countries
- Panama's 0.3823 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 16% of the median. (73 countries reporting)
- Panama's 0.3823 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 2.91 million SLC per square kilometre, 13% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0058 million SLC per square kilometre | 0.0032 million SLC per square kilometre | 0.0082 million SLC per square kilometre | 10 |
| 1980s | 0.0105 million SLC per square kilometre | 0.0039 million SLC per square kilometre | 0.0149 million SLC per square kilometre | 10 |
| 1990s | 0.0219 million SLC per square kilometre | 0.0056 million SLC per square kilometre | 0.0344 million SLC per square kilometre | 10 |
| 2000s | 0.0511 million SLC per square kilometre | 0.0224 million SLC per square kilometre | 0.1069 million SLC per square kilometre | 10 |
| 2010s | 0.2626 million SLC per square kilometre | 0.1179 million SLC per square kilometre | 0.3513 million SLC per square kilometre | 10 |
| 2020s | 0.2792 million SLC per square kilometre | 0.1813 million SLC per square kilometre | 0.3823 million SLC per square kilometre | 4 |
Countries ranked near Panama
- 144 Suriname 0.3996 million SLC per square kilometre compare
- 145 Ghana 0.3955 million SLC per square kilometre compare
- 146 New Zealand 0.3839 million SLC per square kilometre compare
- 148 Sierra Leone 0.375 million SLC per square kilometre compare
- 149 Tajikistan 0.3651 million SLC per square kilometre compare
- 150 Lesotho 0.3648 million SLC per square kilometre 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)
- 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 — value standard local currency, per in Panama?
- Gross fixed capital formation — value standard local currency, per in Panama was 0.3823 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Panama?
- The highest recorded value was 0.3823 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Panama?
- The lowest recorded value was 0.0032 million SLC per square kilometre in 1970.
- How does Panama rank for gross fixed capital formation — value standard local currency, per?
- Panama ranks 147th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Panama?
- Over the last ten years it is up 56.8%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.