Gross value added at basic prices (GVA) (constant 2015 US$), per in Panama
Panama: Gross value added at basic prices (GVA) (constant 2015 US$), per was 982,850 constant 2015 US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
982,850 constant 2015 US$ per square kilometre
Change on year
up 7.2%
World rank
68th
of 192 countries
All-time high
982,850 constant 2015 US$ per square kilometre
in 2023
All-time low
87,689 constant 2015 US$ per square kilometre
in 1970
Years of data
54
1970–2023
Gross value added at basic prices (GVA) (constant 2015 US$), per in Panama, 1970–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (constant 2015 us$), per in Panama stood at 982,850 constant 2015 US$ per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 50.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Panama peaked at 982,850 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 87,689 constant 2015 US$ per square kilometre, in 1970.
That places Panama 68th out of 192 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 value added at basic prices (GVA) (constant 2015 US$), per in Panama, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1970 | 87,689 constant 2015 US$ per square kilometre | — |
| 1971 | 96,108 constant 2015 US$ per square kilometre | +9.6% |
| 1972 | 100,589 constant 2015 US$ per square kilometre | +4.7% |
| 1973 | 106,629 constant 2015 US$ per square kilometre | +6.0% |
| 1974 | 110,104 constant 2015 US$ per square kilometre | +3.3% |
| 1975 | 112,678 constant 2015 US$ per square kilometre | +2.3% |
| 1976 | 114,513 constant 2015 US$ per square kilometre | +1.6% |
| 1977 | 115,930 constant 2015 US$ per square kilometre | +1.2% |
| 1978 | 126,888 constant 2015 US$ per square kilometre | +9.5% |
| 1979 | 132,741 constant 2015 US$ per square kilometre | +4.6% |
| 1980 | 150,265 constant 2015 US$ per square kilometre | +13.2% |
| 1981 | 164,424 constant 2015 US$ per square kilometre | +9.4% |
| 1982 | 173,380 constant 2015 US$ per square kilometre | +5.4% |
| 1983 | 165,110 constant 2015 US$ per square kilometre | -4.8% |
| 1984 | 169,169 constant 2015 US$ per square kilometre | +2.5% |
| 1985 | 177,260 constant 2015 US$ per square kilometre | +4.8% |
| 1986 | 182,191 constant 2015 US$ per square kilometre | +2.8% |
| 1987 | 179,497 constant 2015 US$ per square kilometre | -1.5% |
| 1988 | 157,849 constant 2015 US$ per square kilometre | -12.1% |
| 1989 | 159,937 constant 2015 US$ per square kilometre | +1.3% |
| 1990 | 171,412 constant 2015 US$ per square kilometre | +7.2% |
| 1991 | 187,920 constant 2015 US$ per square kilometre | +9.6% |
| 1992 | 203,060 constant 2015 US$ per square kilometre | +8.1% |
| 1993 | 211,949 constant 2015 US$ per square kilometre | +4.4% |
| 1994 | 217,893 constant 2015 US$ per square kilometre | +2.8% |
| 1995 | 221,699 constant 2015 US$ per square kilometre | +1.7% |
| 1996 | 209,282 constant 2015 US$ per square kilometre | -5.6% |
| 1997 | 225,956 constant 2015 US$ per square kilometre | +8.0% |
| 1998 | 243,701 constant 2015 US$ per square kilometre | +7.9% |
| 1999 | 256,100 constant 2015 US$ per square kilometre | +5.1% |
| 2000 | 268,483 constant 2015 US$ per square kilometre | +4.8% |
| 2001 | 270,515 constant 2015 US$ per square kilometre | +0.8% |
| 2002 | 276,244 constant 2015 US$ per square kilometre | +2.1% |
| 2003 | 291,051 constant 2015 US$ per square kilometre | +5.4% |
| 2004 | 315,363 constant 2015 US$ per square kilometre | +8.4% |
| 2005 | 341,302 constant 2015 US$ per square kilometre | +8.2% |
| 2006 | 376,164 constant 2015 US$ per square kilometre | +10.2% |
| 2007 | 425,296 constant 2015 US$ per square kilometre | +13.1% |
| 2008 | 468,043 constant 2015 US$ per square kilometre | +10.1% |
| 2009 | 476,516 constant 2015 US$ per square kilometre | +1.8% |
| 2010 | 502,990 constant 2015 US$ per square kilometre | +5.6% |
| 2011 | 563,590 constant 2015 US$ per square kilometre | +12.0% |
| 2012 | 617,729 constant 2015 US$ per square kilometre | +9.6% |
| 2013 | 655,445 constant 2015 US$ per square kilometre | +6.1% |
| 2014 | 687,210 constant 2015 US$ per square kilometre | +4.8% |
| 2015 | 723,663 constant 2015 US$ per square kilometre | +5.3% |
| 2016 | 756,225 constant 2015 US$ per square kilometre | +4.5% |
| 2017 | 800,022 constant 2015 US$ per square kilometre | +5.8% |
| 2018 | 831,566 constant 2015 US$ per square kilometre | +3.9% |
| 2019 | 858,741 constant 2015 US$ per square kilometre | +3.3% |
| 2020 | 710,632 constant 2015 US$ per square kilometre | -17.2% |
| 2021 | 826,678 constant 2015 US$ per square kilometre | +16.3% |
| 2022 | 916,655 constant 2015 US$ per square kilometre | +10.9% |
| 2023 | 982,850 constant 2015 US$ per square kilometre | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 110,387 constant 2015 US$ per square kilometre | 87,689 constant 2015 US$ per square kilometre | 132,741 constant 2015 US$ per square kilometre | 10 |
| 1980s | 167,908 constant 2015 US$ per square kilometre | 150,265 constant 2015 US$ per square kilometre | 182,191 constant 2015 US$ per square kilometre | 10 |
| 1990s | 214,897 constant 2015 US$ per square kilometre | 171,412 constant 2015 US$ per square kilometre | 256,100 constant 2015 US$ per square kilometre | 10 |
| 2000s | 350,898 constant 2015 US$ per square kilometre | 268,483 constant 2015 US$ per square kilometre | 476,516 constant 2015 US$ per square kilometre | 10 |
| 2010s | 699,718 constant 2015 US$ per square kilometre | 502,990 constant 2015 US$ per square kilometre | 858,741 constant 2015 US$ per square kilometre | 10 |
| 2020s | 859,204 constant 2015 US$ per square kilometre | 710,632 constant 2015 US$ per square kilometre | 982,850 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Panama
- 65 Norway 1.13 million constant 2015 US$ per square kilometre compare
- 66 Viet Nam 1.11 million constant 2015 US$ per square kilometre compare
- 67 Croatia 989,923 constant 2015 US$ per square kilometre compare
- 69 India 982,275 constant 2015 US$ per square kilometre compare
- 70 Thailand 901,595 constant 2015 US$ per square kilometre compare
- 71 Romania 883,510 constant 2015 US$ 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)
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8647 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Panama?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Panama was 982,850 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Panama?
- The highest recorded value was 982,850 constant 2015 US$ per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Panama?
- The lowest recorded value was 87,689 constant 2015 US$ per square kilometre in 1970.
- How does Panama rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Panama ranks 68th out of 192 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Panama?
- Over the last ten years it is up 50.0%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) 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 value added at basic prices (GVA) (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) 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.