Gross National Income — Value US$ in Panama
Panama: Gross National Income — Value US$ was 78,082 million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Panama, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross national income — value us$ in Panama is 78,082 million USD, measured in 2023. 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 us$ in Panama peaked at 78,082 million USD in 2023 and was at its lowest, 992.25 million USD, in 1970.
That places Panama 74th out of 203 countries with data for 2023, putting it 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 US$ in Panama, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 992.25 million USD | — |
| 1971 | 1,120 million USD | +12.9% |
| 1972 | 1,231 million USD | +9.9% |
| 1973 | 1,406 million USD | +14.2% |
| 1974 | 1,597 million USD | +13.6% |
| 1975 | 1,830 million USD | +14.6% |
| 1976 | 1,909 million USD | +4.3% |
| 1977 | 2,019 million USD | +5.8% |
| 1978 | 2,412 million USD | +19.4% |
| 1979 | 2,723 million USD | +12.9% |
| 1980 | 3,491 million USD | +28.2% |
| 1981 | 4,309 million USD | +23.4% |
| 1982 | 4,430 million USD | +2.8% |
| 1983 | 4,692 million USD | +5.9% |
| 1984 | 4,835 million USD | +3.0% |
| 1985 | 5,410 million USD | +11.9% |
| 1986 | 5,394 million USD | -0.3% |
| 1987 | 6,799 million USD | +26.0% |
| 1988 | 5,358 million USD | -21.2% |
| 1989 | 5,161 million USD | -3.7% |
| 1990 | 5,641 million USD | +9.3% |
| 1991 | 6,032 million USD | +6.9% |
| 1992 | 6,952 million USD | +15.3% |
| 1993 | 7,760 million USD | +11.6% |
| 1994 | 8,374 million USD | +7.9% |
| 1995 | 8,400 million USD | +0.3% |
| 1996 | 8,744 million USD | +4.1% |
| 1997 | 9,354 million USD | +7.0% |
| 1998 | 10,113 million USD | +8.1% |
| 1999 | 10,465 million USD | +3.5% |
| 2000 | 10,782 million USD | +3.0% |
| 2001 | 10,897 million USD | +1.1% |
| 2002 | 11,707 million USD | +7.4% |
| 2003 | 11,964 million USD | +2.2% |
| 2004 | 12,910 million USD | +7.9% |
| 2005 | 14,028 million USD | +8.7% |
| 2006 | 15,591 million USD | +11.1% |
| 2007 | 19,475 million USD | +24.9% |
| 2008 | 23,027 million USD | +18.2% |
| 2009 | 25,043 million USD | +8.8% |
| 2010 | 26,603 million USD | +6.2% |
| 2011 | 32,266 million USD | +21.3% |
| 2012 | 37,746 million USD | +17.0% |
| 2013 | 42,914 million USD | +13.7% |
| 2014 | 45,981 million USD | +7.1% |
| 2015 | 49,982 million USD | +8.7% |
| 2016 | 54,539 million USD | +9.1% |
| 2017 | 59,486 million USD | +9.1% |
| 2018 | 61,741 million USD | +3.8% |
| 2019 | 65,332 million USD | +5.8% |
| 2020 | 55,305 million USD | -15.3% |
| 2021 | 63,121 million USD | +14.1% |
| 2022 | 71,658 million USD | +13.5% |
| 2023 | 78,082 million USD | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,724 million USD | 992.25 million USD | 2,723 million USD | 10 |
| 1980s | 4,988 million USD | 3,491 million USD | 6,799 million USD | 10 |
| 1990s | 8,184 million USD | 5,641 million USD | 10,465 million USD | 10 |
| 2000s | 15,542 million USD | 10,782 million USD | 25,043 million USD | 10 |
| 2010s | 47,659 million USD | 26,603 million USD | 65,332 million USD | 10 |
| 2020s | 67,041 million USD | 55,305 million USD | 78,082 million USD | 4 |
Countries ranked near Panama
- 71 Sri Lanka 81,630 million USD compare
- 72 Puerto Rico 81,551 million USD compare
- 73 Costa Rica 80,515 million USD compare
- 75 Lithuania 76,890 million USD compare
- 76 Ghana 74,291 million USD compare
- 77 Azerbaijan 71,898 million USD 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)
- Net primary income (Net income from abroad) (current LCU), annual 5.4 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 4.12 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0246 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 487.09 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 4.12 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0246 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 487.09 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
Frequently asked questions
- What is gross national income — value us$ in Panama?
- Gross national income — value us$ in Panama was 78,082 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Panama?
- The highest recorded value was 78,082 million USD in 2023.
- What is the lowest gross national income — value us$ recorded in Panama?
- The lowest recorded value was 992.25 million USD in 1970.
- How does Panama rank for gross national income — value us$?
- Panama ranks 74th out of 203 countries with data for 2023.
- Is gross national income — value us$ 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 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).