Gross Fixed Capital Formation — Value US$ (US Value) in Panama
Panama: Gross Fixed Capital Formation — Value US$ (US Value) was 29,858 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Panama, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$ in Panama is 29,858 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.3% on the previous year and up 44.6% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Panama peaked at 29,858 million USD in 2024 and was at its lowest, 241.41 million USD, in 1970.
Panama ranks 72nd of 235 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$ (US Value) in Panama, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 241.41 million USD | — |
| 1971 | 282.34 million USD | +17.0% |
| 1972 | 343.09 million USD | +21.5% |
| 1973 | 400.79 million USD | +16.8% |
| 1974 | 428.63 million USD | +6.9% |
| 1975 | 493.61 million USD | +15.2% |
| 1976 | 561 million USD | +13.7% |
| 1977 | 411.02 million USD | -26.7% |
| 1978 | 558.88 million USD | +36.0% |
| 1979 | 609.48 million USD | +9.1% |
| 1980 | 798.63 million USD | +31.0% |
| 1981 | 1,007 million USD | +26.1% |
| 1982 | 1,108 million USD | +10.1% |
| 1983 | 862.03 million USD | -22.2% |
| 1984 | 704.31 million USD | -18.3% |
| 1985 | 760.87 million USD | +8.0% |
| 1986 | 871.79 million USD | +14.6% |
| 1987 | 991.56 million USD | +13.7% |
| 1988 | 390.79 million USD | -60.6% |
| 1989 | 290.26 million USD | -25.7% |
| 1990 | 414.14 million USD | +42.7% |
| 1991 | 796.81 million USD | +92.4% |
| 1992 | 1,120 million USD | +40.6% |
| 1993 | 1,534 million USD | +36.9% |
| 1994 | 1,668 million USD | +8.8% |
| 1995 | 1,877 million USD | +12.5% |
| 1996 | 1,878 million USD | +0.1% |
| 1997 | 2,021 million USD | +7.6% |
| 1998 | 2,441 million USD | +20.8% |
| 1999 | 2,556 million USD | +4.7% |
| 2000 | 2,462 million USD | -3.7% |
| 2001 | 1,794 million USD | -27.1% |
| 2002 | 1,665 million USD | -7.2% |
| 2003 | 2,207 million USD | +32.6% |
| 2004 | 2,351 million USD | +6.5% |
| 2005 | 2,601 million USD | +10.6% |
| 2006 | 3,135 million USD | +20.5% |
| 2007 | 5,935 million USD | +89.3% |
| 2008 | 7,945 million USD | +33.9% |
| 2009 | 7,892 million USD | -0.7% |
| 2010 | 8,766 million USD | +11.1% |
| 2011 | 10,862 million USD | +23.9% |
| 2012 | 14,441 million USD | +33.0% |
| 2013 | 18,130 million USD | +25.5% |
| 2014 | 20,645 million USD | +13.9% |
| 2015 | 21,868 million USD | +5.9% |
| 2016 | 22,930 million USD | +4.9% |
| 2017 | 25,344 million USD | +10.5% |
| 2018 | 26,061 million USD | +2.8% |
| 2019 | 25,759 million USD | -1.2% |
| 2020 | 13,452 million USD | -47.8% |
| 2021 | 18,446 million USD | +37.1% |
| 2022 | 22,585 million USD | +22.4% |
| 2023 | 28,363 million USD | +25.6% |
| 2024 | 29,858 million USD | +5.3% |
Panama compared with similar countries
- Panama's 29,858 million USD is above the median for high income countries, which is 20,129 million USD, 1.5× the median. (73 countries reporting)
- Panama's 29,858 million USD is above the median for Latin America & Caribbean, which is 3,605 million USD, 8.3× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 433.02 million USD | 241.41 million USD | 609.48 million USD | 10 |
| 1980s | 778.55 million USD | 290.26 million USD | 1,108 million USD | 10 |
| 1990s | 1,631 million USD | 414.14 million USD | 2,556 million USD | 10 |
| 2000s | 3,799 million USD | 1,665 million USD | 7,945 million USD | 10 |
| 2010s | 19,481 million USD | 8,766 million USD | 26,061 million USD | 10 |
| 2020s | 22,541 million USD | 13,452 million USD | 29,858 million USD | 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Panama?
- Gross fixed capital formation — value us$ in Panama was 29,858 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Panama?
- The highest recorded value was 29,858 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Panama?
- The lowest recorded value was 241.41 million USD in 1970.
- How does Panama rank for gross fixed capital formation — value us$?
- Panama ranks 72nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Panama?
- Over the last ten years it is up 44.6%. 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 US$. Statizoid updates them automatically from the source API.
Download this data
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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).