Gross value added at basic prices (GVA) (constant LCU), per square in Panama
Panama: Gross value added at basic prices (GVA) (constant LCU), per square was 1.04 million constant LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.04 million constant LCU per square kilometre
Change on year
up 7.2%
World rank
146th
of 195 countries
All-time high
1.04 million constant LCU per square kilometre
in 2023
All-time low
92,425 constant LCU per square kilometre
in 1970
Years of data
54
1970–2023
Gross value added at basic prices (GVA) (constant LCU), per square in Panama, 1970–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (constant lcu), per square in Panama stood at 1.04 million constant LCU per square kilometre. That is the highest value across all 54 years on record.
That represents a change of 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 lcu), per square in Panama peaked at 1.04 million constant LCU per square kilometre in 2023 and was at its lowest, 92,425 constant LCU per square kilometre, in 1970.
Panama ranks 146th of 195 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 value added at basic prices (GVA) (constant LCU), per square in Panama, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1970 | 92,425 constant LCU per square kilometre | — |
| 1971 | 101,298 constant LCU per square kilometre | +9.6% |
| 1972 | 106,022 constant LCU per square kilometre | +4.7% |
| 1973 | 112,388 constant LCU per square kilometre | +6.0% |
| 1974 | 116,050 constant LCU per square kilometre | +3.3% |
| 1975 | 118,764 constant LCU per square kilometre | +2.3% |
| 1976 | 120,698 constant LCU per square kilometre | +1.6% |
| 1977 | 122,191 constant LCU per square kilometre | +1.2% |
| 1978 | 133,741 constant LCU per square kilometre | +9.5% |
| 1979 | 139,910 constant LCU per square kilometre | +4.6% |
| 1980 | 158,380 constant LCU per square kilometre | +13.2% |
| 1981 | 173,304 constant LCU per square kilometre | +9.4% |
| 1982 | 182,744 constant LCU per square kilometre | +5.4% |
| 1983 | 174,027 constant LCU per square kilometre | -4.8% |
| 1984 | 178,305 constant LCU per square kilometre | +2.5% |
| 1985 | 186,833 constant LCU per square kilometre | +4.8% |
| 1986 | 192,031 constant LCU per square kilometre | +2.8% |
| 1987 | 189,190 constant LCU per square kilometre | -1.5% |
| 1988 | 166,375 constant LCU per square kilometre | -12.1% |
| 1989 | 168,574 constant LCU per square kilometre | +1.3% |
| 1990 | 180,670 constant LCU per square kilometre | +7.2% |
| 1991 | 198,070 constant LCU per square kilometre | +9.6% |
| 1992 | 214,026 constant LCU per square kilometre | +8.1% |
| 1993 | 223,395 constant LCU per square kilometre | +4.4% |
| 1994 | 229,662 constant LCU per square kilometre | +2.8% |
| 1995 | 233,672 constant LCU per square kilometre | +1.7% |
| 1996 | 220,584 constant LCU per square kilometre | -5.6% |
| 1997 | 238,160 constant LCU per square kilometre | +8.0% |
| 1998 | 256,863 constant LCU per square kilometre | +7.9% |
| 1999 | 269,931 constant LCU per square kilometre | +5.1% |
| 2000 | 282,984 constant LCU per square kilometre | +4.8% |
| 2001 | 285,125 constant LCU per square kilometre | +0.8% |
| 2002 | 291,165 constant LCU per square kilometre | +2.1% |
| 2003 | 306,770 constant LCU per square kilometre | +5.4% |
| 2004 | 332,396 constant LCU per square kilometre | +8.4% |
| 2005 | 359,735 constant LCU per square kilometre | +8.2% |
| 2006 | 396,480 constant LCU per square kilometre | +10.2% |
| 2007 | 448,265 constant LCU per square kilometre | +13.1% |
| 2008 | 493,321 constant LCU per square kilometre | +10.1% |
| 2009 | 502,252 constant LCU per square kilometre | +1.8% |
| 2010 | 530,156 constant LCU per square kilometre | +5.6% |
| 2011 | 594,029 constant LCU per square kilometre | +12.0% |
| 2012 | 651,091 constant LCU per square kilometre | +9.6% |
| 2013 | 690,845 constant LCU per square kilometre | +6.1% |
| 2014 | 724,325 constant LCU per square kilometre | +4.8% |
| 2015 | 762,747 constant LCU per square kilometre | +5.3% |
| 2016 | 797,068 constant LCU per square kilometre | +4.5% |
| 2017 | 843,230 constant LCU per square kilometre | +5.8% |
| 2018 | 876,479 constant LCU per square kilometre | +3.9% |
| 2019 | 905,120 constant LCU per square kilometre | +3.3% |
| 2020 | 749,012 constant LCU per square kilometre | -17.2% |
| 2021 | 871,325 constant LCU per square kilometre | +16.3% |
| 2022 | 966,162 constant LCU per square kilometre | +10.9% |
| 2023 | 1.04 million constant LCU per square kilometre | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 116,349 constant LCU per square kilometre | 92,425 constant LCU per square kilometre | 139,910 constant LCU per square kilometre | 10 |
| 1980s | 176,976 constant LCU per square kilometre | 158,380 constant LCU per square kilometre | 192,031 constant LCU per square kilometre | 10 |
| 1990s | 226,503 constant LCU per square kilometre | 180,670 constant LCU per square kilometre | 269,931 constant LCU per square kilometre | 10 |
| 2000s | 369,849 constant LCU per square kilometre | 282,984 constant LCU per square kilometre | 502,252 constant LCU per square kilometre | 10 |
| 2010s | 737,509 constant LCU per square kilometre | 530,156 constant LCU per square kilometre | 905,120 constant LCU per square kilometre | 10 |
| 2020s | 905,607 constant LCU per square kilometre | 749,012 constant LCU per square kilometre | 1.04 million constant LCU per square kilometre | 4 |
Countries ranked near Panama
- 143 Bahamas 1.18 million constant LCU per square kilometre compare
- 144 Marshall Islands 1.15 million constant LCU per square kilometre compare
- 145 Central African Republic 1.12 million constant LCU per square kilometre compare
- 147 Croatia 963,706 constant LCU per square kilometre compare
- 148 Belarus 886,276 constant LCU per square kilometre compare
- 149 Sierra Leone 831,592 constant LCU 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)
- 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 value added at basic prices (gva) (constant lcu), per square in Panama?
- Gross value added at basic prices (gva) (constant lcu), per square in Panama was 1.04 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per square recorded in Panama?
- The highest recorded value was 1.04 million constant LCU per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per square recorded in Panama?
- The lowest recorded value was 92,425 constant LCU per square kilometre in 1970.
- How does Panama rank for gross value added at basic prices (gva) (constant lcu), per square?
- Panama ranks 146th out of 195 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant lcu), per square 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 LCU) 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 LCU) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) 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.