Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Panama
Panama: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.8647 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
0.8647 constant 2015 US$ per US$ of GDP
Change on year
down 0.1%
World rank
34th
of 193 countries
All-time high
4.83 constant 2015 US$ per US$ of GDP
in 1970
All-time low
0.8647 constant 2015 US$ per US$ of GDP
in 2025
Years of data
56
1970–2025
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Panama, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Panama recorded 0.8647 constant 2015 US$ per US$ of GDP for gross value added at basic prices (gva) (constant 2015 us$), per unit in 2025. That is the lowest value across all 56 years on record.
The figure is down 0.1% on the previous year and down 10.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Panama peaked at 4.83 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.8647 constant 2015 US$ per US$ of GDP, in 2025.
Panama ranks 34th of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Panama, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 4.83 constant 2015 US$ per US$ of GDP | — |
| 1971 | 4.69 constant 2015 US$ per US$ of GDP | -2.8% |
| 1972 | 4.47 constant 2015 US$ per US$ of GDP | -4.7% |
| 1973 | 4.14 constant 2015 US$ per US$ of GDP | -7.3% |
| 1974 | 3.74 constant 2015 US$ per US$ of GDP | -9.7% |
| 1975 | 3.44 constant 2015 US$ per US$ of GDP | -8.0% |
| 1976 | 3.29 constant 2015 US$ per US$ of GDP | -4.4% |
| 1977 | 3.15 constant 2015 US$ per US$ of GDP | -4.3% |
| 1978 | 2.91 constant 2015 US$ per US$ of GDP | -7.6% |
| 1979 | 2.66 constant 2015 US$ per US$ of GDP | -8.4% |
| 1980 | 2.42 constant 2015 US$ per US$ of GDP | -9.1% |
| 1981 | 2.34 constant 2015 US$ per US$ of GDP | -3.3% |
| 1982 | 2.23 constant 2015 US$ per US$ of GDP | -4.6% |
| 1983 | 2.07 constant 2015 US$ per US$ of GDP | -7.2% |
| 1984 | 2.03 constant 2015 US$ per US$ of GDP | -1.8% |
| 1985 | 2.01 constant 2015 US$ per US$ of GDP | -1.0% |
| 1986 | 1.99 constant 2015 US$ per US$ of GDP | -1.1% |
| 1987 | 1.95 constant 2015 US$ per US$ of GDP | -1.9% |
| 1988 | 1.99 constant 2015 US$ per US$ of GDP | +1.7% |
| 1989 | 2.01 constant 2015 US$ per US$ of GDP | +1.1% |
| 1990 | 1.98 constant 2015 US$ per US$ of GDP | -1.4% |
| 1991 | 1.97 constant 2015 US$ per US$ of GDP | -0.3% |
| 1992 | 1.88 constant 2015 US$ per US$ of GDP | -4.9% |
| 1993 | 1.79 constant 2015 US$ per US$ of GDP | -4.4% |
| 1994 | 1.73 constant 2015 US$ per US$ of GDP | -3.6% |
| 1995 | 1.72 constant 2015 US$ per US$ of GDP | -0.5% |
| 1996 | 1.69 constant 2015 US$ per US$ of GDP | -1.7% |
| 1997 | 1.67 constant 2015 US$ per US$ of GDP | -1.3% |
| 1998 | 1.64 constant 2015 US$ per US$ of GDP | -1.5% |
| 1999 | 1.63 constant 2015 US$ per US$ of GDP | -0.7% |
| 2000 | 1.67 constant 2015 US$ per US$ of GDP | +2.2% |
| 2001 | 1.64 constant 2015 US$ per US$ of GDP | -1.6% |
| 2002 | 1.6 constant 2015 US$ per US$ of GDP | -2.3% |
| 2003 | 1.59 constant 2015 US$ per US$ of GDP | -0.9% |
| 2004 | 1.55 constant 2015 US$ per US$ of GDP | -2.4% |
| 2005 | 1.53 constant 2015 US$ per US$ of GDP | -1.7% |
| 2006 | 1.5 constant 2015 US$ per US$ of GDP | -1.8% |
| 2007 | 1.46 constant 2015 US$ per US$ of GDP | -2.9% |
| 2008 | 1.35 constant 2015 US$ per US$ of GDP | -7.1% |
| 2009 | 1.27 constant 2015 US$ per US$ of GDP | -5.8% |
| 2010 | 1.24 constant 2015 US$ per US$ of GDP | -3.0% |
| 2011 | 1.17 constant 2015 US$ per US$ of GDP | -5.1% |
| 2012 | 1.1 constant 2015 US$ per US$ of GDP | -6.0% |
| 2013 | 1.04 constant 2015 US$ per US$ of GDP | -6.0% |
| 2014 | 0.9905 constant 2015 US$ per US$ of GDP | -4.6% |
| 2015 | 0.9618 constant 2015 US$ per US$ of GDP | -2.9% |
| 2016 | 0.9379 constant 2015 US$ per US$ of GDP | -2.5% |
| 2017 | 0.9218 constant 2015 US$ per US$ of GDP | -1.7% |
| 2018 | 0.9164 constant 2015 US$ per US$ of GDP | -0.6% |
| 2019 | 0.9129 constant 2015 US$ per US$ of GDP | -0.4% |
| 2020 | 0.9238 constant 2015 US$ per US$ of GDP | +1.2% |
| 2021 | 0.9099 constant 2015 US$ per US$ of GDP | -1.5% |
| 2022 | 0.8891 constant 2015 US$ per US$ of GDP | -2.3% |
| 2023 | 0.8699 constant 2015 US$ per US$ of GDP | -2.2% |
| 2024 | 0.8656 constant 2015 US$ per US$ of GDP | -0.5% |
| 2025 | 0.8647 constant 2015 US$ per US$ of GDP | -0.1% |
Panama compared with similar countries
- Panama's 0.8647 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.7299 constant 2015 US$ per US$ of GDP, 1.2× the median. (69 countries reporting)
- Panama's 0.8647 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.7338 constant 2015 US$ per US$ of GDP, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.73 constant 2015 US$ per US$ of GDP | 2.66 constant 2015 US$ per US$ of GDP | 4.83 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 2.11 constant 2015 US$ per US$ of GDP | 1.95 constant 2015 US$ per US$ of GDP | 2.42 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.77 constant 2015 US$ per US$ of GDP | 1.63 constant 2015 US$ per US$ of GDP | 1.98 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.52 constant 2015 US$ per US$ of GDP | 1.27 constant 2015 US$ per US$ of GDP | 1.67 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 1.02 constant 2015 US$ per US$ of GDP | 0.9129 constant 2015 US$ per US$ of GDP | 1.24 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8872 constant 2015 US$ per US$ of GDP | 0.8647 constant 2015 US$ per US$ of GDP | 0.9238 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Panama
- 31 Oman 0.8819 constant 2015 US$ per US$ of GDP compare
- 32 Australia 0.8814 constant 2015 US$ per US$ of GDP compare
- 33 East Timor 0.8682 constant 2015 US$ per US$ of GDP compare
- 35 Indonesia 0.862 constant 2015 US$ per US$ of GDP compare
- 36 Lesotho 0.8589 constant 2015 US$ per US$ of GDP compare
- 37 Bhutan 0.857 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Panama
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Panama?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Panama was 0.8647 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Panama?
- The highest recorded value was 4.83 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Panama?
- The lowest recorded value was 0.8647 constant 2015 US$ per US$ of GDP in 2025.
- How does Panama rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Panama ranks 34th out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Panama?
- Over the last ten years it is down 10.1%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.