Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Panama
Panama: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.331 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.331 million USD per square kilometre
Change on year
up 23.7%
World rank
62nd
of 194 countries
All-time high
0.331 million USD per square kilometre
in 2023
All-time low
0.0082 million USD per square kilometre
in 1989
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Panama, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Panama recorded 0.331 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023. That is the highest value across all 54 years on record.
The figure is up 23.7% on the previous year and up 31.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Panama peaked at 0.331 million USD per square kilometre in 2023 and was at its lowest, 0.0082 million USD per square kilometre, in 1989.
Panama ranks 62nd of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Panama, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0193 million USD per square kilometre | — |
| 1971 | 0.0222 million USD per square kilometre | +14.9% |
| 1972 | 0.0275 million USD per square kilometre | +24.0% |
| 1973 | 0.0276 million USD per square kilometre | +0.2% |
| 1974 | 0.0247 million USD per square kilometre | -10.5% |
| 1975 | 0.0266 million USD per square kilometre | +7.9% |
| 1976 | 0.0272 million USD per square kilometre | +2.0% |
| 1977 | 0.018 million USD per square kilometre | -33.6% |
| 1978 | 0.0224 million USD per square kilometre | +24.0% |
| 1979 | 0.0221 million USD per square kilometre | -1.1% |
| 1980 | 0.0269 million USD per square kilometre | +21.8% |
| 1981 | 0.0334 million USD per square kilometre | +24.0% |
| 1982 | 0.0346 million USD per square kilometre | +3.5% |
| 1983 | 0.025 million USD per square kilometre | -27.8% |
| 1984 | 0.0224 million USD per square kilometre | -10.5% |
| 1985 | 0.0214 million USD per square kilometre | -4.4% |
| 1986 | 0.0267 million USD per square kilometre | +24.7% |
| 1987 | 0.0294 million USD per square kilometre | +10.1% |
| 1988 | 0.0126 million USD per square kilometre | -57.0% |
| 1989 | 0.0082 million USD per square kilometre | -35.2% |
| 1990 | 0.0118 million USD per square kilometre | +44.2% |
| 1991 | 0.0223 million USD per square kilometre | +89.4% |
| 1992 | 0.0317 million USD per square kilometre | +41.9% |
| 1993 | 0.0447 million USD per square kilometre | +41.1% |
| 1994 | 0.0472 million USD per square kilometre | +5.6% |
| 1995 | 0.0508 million USD per square kilometre | +7.7% |
| 1996 | 0.0494 million USD per square kilometre | -2.8% |
| 1997 | 0.0531 million USD per square kilometre | +7.3% |
| 1998 | 0.0609 million USD per square kilometre | +14.7% |
| 1999 | 0.0676 million USD per square kilometre | +11.1% |
| 2000 | 0.0627 million USD per square kilometre | -7.3% |
| 2001 | 0.0466 million USD per square kilometre | -25.7% |
| 2002 | 0.0439 million USD per square kilometre | -5.6% |
| 2003 | 0.0542 million USD per square kilometre | +23.3% |
| 2004 | 0.0593 million USD per square kilometre | +9.4% |
| 2005 | 0.0631 million USD per square kilometre | +6.4% |
| 2006 | 0.0736 million USD per square kilometre | +16.6% |
| 2007 | 0.1037 million USD per square kilometre | +41.0% |
| 2008 | 0.1271 million USD per square kilometre | +22.6% |
| 2009 | 0.1238 million USD per square kilometre | -2.6% |
| 2010 | 0.1389 million USD per square kilometre | +12.2% |
| 2011 | 0.1655 million USD per square kilometre | +19.2% |
| 2012 | 0.2077 million USD per square kilometre | +25.4% |
| 2013 | 0.2523 million USD per square kilometre | +21.5% |
| 2014 | 0.2761 million USD per square kilometre | +9.4% |
| 2015 | 0.295 million USD per square kilometre | +6.9% |
| 2016 | 0.3023 million USD per square kilometre | +2.5% |
| 2017 | 0.3266 million USD per square kilometre | +8.0% |
| 2018 | 0.3299 million USD per square kilometre | +1.0% |
| 2019 | 0.3256 million USD per square kilometre | -1.3% |
| 2020 | 0.1692 million USD per square kilometre | -48.0% |
| 2021 | 0.2217 million USD per square kilometre | +31.0% |
| 2022 | 0.2676 million USD per square kilometre | +20.7% |
| 2023 | 0.331 million USD per square kilometre | +23.7% |
Panama compared with similar countries
- Panama's 0.331 million USD per square kilometre is below the median for high income countries, which is 0.6883 million USD per square kilometre, 48% of the median. (73 countries reporting)
- Panama's 0.331 million USD per square kilometre is above the median for Latin America & Caribbean, which is 0.2391 million USD per square kilometre, 1.4× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0238 million USD per square kilometre | 0.018 million USD per square kilometre | 0.0276 million USD per square kilometre | 10 |
| 1980s | 0.024 million USD per square kilometre | 0.0082 million USD per square kilometre | 0.0346 million USD per square kilometre | 10 |
| 1990s | 0.0439 million USD per square kilometre | 0.0118 million USD per square kilometre | 0.0676 million USD per square kilometre | 10 |
| 2000s | 0.0758 million USD per square kilometre | 0.0439 million USD per square kilometre | 0.1271 million USD per square kilometre | 10 |
| 2010s | 0.262 million USD per square kilometre | 0.1389 million USD per square kilometre | 0.3299 million USD per square kilometre | 10 |
| 2020s | 0.2474 million USD per square kilometre | 0.1692 million USD per square kilometre | 0.331 million USD per square kilometre | 4 |
Countries ranked near Panama
- 59 India 0.362 million USD per square kilometre compare
- 60 Sweden 0.3429 million USD per square kilometre compare
- 61 Philippines 0.3396 million USD per square kilometre compare
- 63 Marshall Islands 0.3102 million USD per square kilometre compare
- 64 Norway 0.3064 million USD per square kilometre compare
- 65 Sri Lanka 0.3036 million USD 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Panama?
- Gross fixed capital formation — value us$, 2015 prices, per square in Panama was 0.331 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Panama?
- The highest recorded value was 0.331 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Panama?
- The lowest recorded value was 0.0082 million USD per square kilometre in 1989.
- How does Panama rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Panama ranks 62nd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Panama?
- Over the last ten years it is up 31.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.