Gross National Income — Value Standard Local Currency in Panama
Panama: Gross National Income — Value Standard Local Currency was 78,082 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Panama, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in Panama stood at 78,082 million SLC. That is the highest value across all 54 years on record.
The figure is up 9.0% on the previous year and up 81.9% over ten years.
Over the whole period, gross national income — value standard local currency in Panama peaked at 78,082 million SLC in 2023 and was at its lowest, 992.25 million SLC, in 1970.
Panama ranks 142nd of 202 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 National Income — Value Standard Local Currency in Panama, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 992.25 million SLC | — |
| 1971 | 1,120 million SLC | +12.9% |
| 1972 | 1,231 million SLC | +9.9% |
| 1973 | 1,406 million SLC | +14.2% |
| 1974 | 1,597 million SLC | +13.6% |
| 1975 | 1,830 million SLC | +14.6% |
| 1976 | 1,909 million SLC | +4.3% |
| 1977 | 2,019 million SLC | +5.8% |
| 1978 | 2,412 million SLC | +19.4% |
| 1979 | 2,723 million SLC | +12.9% |
| 1980 | 3,491 million SLC | +28.2% |
| 1981 | 4,309 million SLC | +23.4% |
| 1982 | 4,430 million SLC | +2.8% |
| 1983 | 4,692 million SLC | +5.9% |
| 1984 | 4,835 million SLC | +3.0% |
| 1985 | 5,410 million SLC | +11.9% |
| 1986 | 5,394 million SLC | -0.3% |
| 1987 | 6,799 million SLC | +26.0% |
| 1988 | 5,358 million SLC | -21.2% |
| 1989 | 5,161 million SLC | -3.7% |
| 1990 | 5,641 million SLC | +9.3% |
| 1991 | 6,032 million SLC | +6.9% |
| 1992 | 6,952 million SLC | +15.3% |
| 1993 | 7,760 million SLC | +11.6% |
| 1994 | 8,374 million SLC | +7.9% |
| 1995 | 8,400 million SLC | +0.3% |
| 1996 | 8,744 million SLC | +4.1% |
| 1997 | 9,354 million SLC | +7.0% |
| 1998 | 10,113 million SLC | +8.1% |
| 1999 | 10,465 million SLC | +3.5% |
| 2000 | 10,782 million SLC | +3.0% |
| 2001 | 10,897 million SLC | +1.1% |
| 2002 | 11,707 million SLC | +7.4% |
| 2003 | 11,964 million SLC | +2.2% |
| 2004 | 12,910 million SLC | +7.9% |
| 2005 | 14,028 million SLC | +8.7% |
| 2006 | 15,591 million SLC | +11.1% |
| 2007 | 19,475 million SLC | +24.9% |
| 2008 | 23,027 million SLC | +18.2% |
| 2009 | 25,043 million SLC | +8.8% |
| 2010 | 26,603 million SLC | +6.2% |
| 2011 | 32,266 million SLC | +21.3% |
| 2012 | 37,746 million SLC | +17.0% |
| 2013 | 42,914 million SLC | +13.7% |
| 2014 | 45,981 million SLC | +7.1% |
| 2015 | 49,982 million SLC | +8.7% |
| 2016 | 54,539 million SLC | +9.1% |
| 2017 | 59,486 million SLC | +9.1% |
| 2018 | 61,741 million SLC | +3.8% |
| 2019 | 65,332 million SLC | +5.8% |
| 2020 | 55,305 million SLC | -15.3% |
| 2021 | 63,121 million SLC | +14.1% |
| 2022 | 71,658 million SLC | +13.5% |
| 2023 | 78,082 million SLC | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,724 million SLC | 992.25 million SLC | 2,723 million SLC | 10 |
| 1980s | 4,988 million SLC | 3,491 million SLC | 6,799 million SLC | 10 |
| 1990s | 8,184 million SLC | 5,641 million SLC | 10,465 million SLC | 10 |
| 2000s | 15,542 million SLC | 10,782 million SLC | 25,043 million SLC | 10 |
| 2010s | 47,659 million SLC | 26,603 million SLC | 65,332 million SLC | 10 |
| 2020s | 67,041 million SLC | 55,305 million SLC | 78,082 million SLC | 4 |
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)
- Services, value added (constant LCU), per capita 13,098 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 0.1934 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9754 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 19,303 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9754 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 19,303 current LCU per person (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Panama?
- Gross national income — value standard local currency in Panama was 78,082 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Panama?
- The highest recorded value was 78,082 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Panama?
- The lowest recorded value was 992.25 million SLC in 1970.
- How does Panama rank for gross national income — value standard local currency?
- Panama ranks 142nd out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Panama?
- Over the last ten years it is up 81.9%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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).