Gross value added at basic prices (GVA) … 2015 annual growth rate in Panama
Panama: Gross value added at basic prices (GVA) … 2015 annual growth rate was 4.44 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Panama, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Panama recorded 4.44 % change on previous year for gross value added at basic prices (gva) (constant 2015 us$), annual in 2025.
The figure is up 62.5% on the previous year and down 16.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Panama peaked at 16.33 % change on previous year in 2021 and was at its lowest, -17.25 % change on previous year, in 2020.
That places Panama 62nd out of 193 countries with data for 2025, 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 value added at basic prices (GVA) … 2015 annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.6 % change on previous year | — |
| 1972 | 4.66 % change on previous year | -51.4% |
| 1973 | 6 % change on previous year | +28.8% |
| 1974 | 3.26 % change on previous year | -45.7% |
| 1975 | 2.34 % change on previous year | -28.2% |
| 1976 | 1.63 % change on previous year | -30.3% |
| 1977 | 1.24 % change on previous year | -24.1% |
| 1978 | 9.45 % change on previous year | +664.1% |
| 1979 | 4.61 % change on previous year | -51.2% |
| 1980 | 13.2 % change on previous year | +186.2% |
| 1981 | 9.42 % change on previous year | -28.6% |
| 1982 | 5.45 % change on previous year | -42.2% |
| 1983 | -4.77 % change on previous year | -187.6% |
| 1984 | 2.46 % change on previous year | -151.5% |
| 1985 | 4.78 % change on previous year | +94.6% |
| 1986 | 2.78 % change on previous year | -41.8% |
| 1987 | -1.48 % change on previous year | -153.2% |
| 1988 | -12.06 % change on previous year | +715.5% |
| 1989 | 1.32 % change on previous year | -111.0% |
| 1990 | 7.18 % change on previous year | +442.5% |
| 1991 | 9.63 % change on previous year | +34.2% |
| 1992 | 8.06 % change on previous year | -16.3% |
| 1993 | 4.38 % change on previous year | -45.7% |
| 1994 | 2.8 % change on previous year | -35.9% |
| 1995 | 1.75 % change on previous year | -37.7% |
| 1996 | -5.6 % change on previous year | -420.7% |
| 1997 | 7.97 % change on previous year | -242.3% |
| 1998 | 7.85 % change on previous year | -1.4% |
| 1999 | 5.09 % change on previous year | -35.2% |
| 2000 | 4.83 % change on previous year | -5.0% |
| 2001 | 0.7571 % change on previous year | -84.3% |
| 2002 | 2.12 % change on previous year | +179.7% |
| 2003 | 5.36 % change on previous year | +153.1% |
| 2004 | 8.35 % change on previous year | +55.9% |
| 2005 | 8.23 % change on previous year | -1.5% |
| 2006 | 10.21 % change on previous year | +24.2% |
| 2007 | 13.06 % change on previous year | +27.9% |
| 2008 | 10.05 % change on previous year | -23.0% |
| 2009 | 1.81 % change on previous year | -82.0% |
| 2010 | 5.56 % change on previous year | +206.9% |
| 2011 | 12.05 % change on previous year | +116.9% |
| 2012 | 9.61 % change on previous year | -20.3% |
| 2013 | 6.11 % change on previous year | -36.4% |
| 2014 | 4.54 % change on previous year | -25.7% |
| 2015 | 5.3 % change on previous year | +16.9% |
| 2016 | 4.5 % change on previous year | -15.2% |
| 2017 | 5.79 % change on previous year | +28.7% |
| 2018 | 4.03 % change on previous year | -30.5% |
| 2019 | 3.27 % change on previous year | -18.9% |
| 2020 | -17.25 % change on previous year | -627.8% |
| 2021 | 16.33 % change on previous year | -194.7% |
| 2022 | 10.88 % change on previous year | -33.3% |
| 2023 | 7.22 % change on previous year | -33.7% |
| 2024 | 2.73 % change on previous year | -62.2% |
| 2025 | 4.44 % change on previous year | +62.5% |
Panama compared with similar countries
- Panama's 4.44 % change on previous year is above the median for high income countries, which is 1.99 % change on previous year, 2.2× the median. (69 countries reporting)
- Panama's 4.44 % change on previous year is above the median for Latin America & Caribbean, which is 3.19 % change on previous year, 1.4× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) … 2015 annual growth rate in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | -715.5% | -1.48 % change on previous year | -12.06 % change on previous year |
| 1978 | +664.1% | 1.24 % change on previous year | 9.45 % change on previous year |
| 2020 | -627.8% | 3.27 % change on previous year | -17.25 % change on previous year |
| 1990 | +442.5% | 1.32 % change on previous year | 7.18 % change on previous year |
| 1996 | -420.7% | 1.75 % change on previous year | -5.6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.76 % change on previous year | 1.24 % change on previous year | 9.6 % change on previous year | 9 |
| 1980s | 2.11 % change on previous year | -12.06 % change on previous year | 13.2 % change on previous year | 10 |
| 1990s | 4.91 % change on previous year | -5.6 % change on previous year | 9.63 % change on previous year | 10 |
| 2000s | 6.48 % change on previous year | 0.7571 % change on previous year | 13.06 % change on previous year | 10 |
| 2010s | 6.07 % change on previous year | 3.27 % change on previous year | 12.05 % change on previous year | 10 |
| 2020s | 4.06 % change on previous year | -17.25 % change on previous year | 16.33 % change on previous year | 6 |
Countries ranked near Panama
- 59 Saudi Arabia 4.53 % change on previous year compare
- 60 Central African Republic 4.5 % change on previous year compare
- 61 Morocco 4.5 % change on previous year compare
- 63 Sri Lanka 4.43 % change on previous year compare
- 64 Eswatini 4.42 % change on previous year compare
- 65 Grenada 4.41 % change on previous year 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)
- 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 value added at basic prices (gva) (constant 2015 us$), annual in Panama?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in Panama was 4.44 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Panama?
- The highest recorded value was 16.33 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Panama?
- The lowest recorded value was -17.25 % change on previous year in 2020.
- How does Panama rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- Panama ranks 62nd out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Panama?
- Over the last ten years it is down 16.3%. 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 value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.