Gross value added at basic prices (GVA) (current LCU), annual growth in Panama
Panama: Gross value added at basic prices (GVA) (current LCU), annual growth was 4.56 % change on previous year in 2025. ◆ Volatile
Latest (2025)
4.56 % change on previous year
Change on year
up 35.9%
World rank
153rd
of 205 countries
All-time high
24.78 % change on previous year
in 1980
All-time low
-17.7 % change on previous year
in 2020
Years of data
65
1961–2025
Gross value added at basic prices (GVA) (current LCU), annual growth in Panama, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Panama stood at 4.56 % change on previous year.
That represents a change of up 35.9% on the previous year and down 46.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Panama peaked at 24.78 % change on previous year in 1980 and was at its lowest, -17.7 % change on previous year, in 2020.
Panama ranks 153rd of 205 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) (current LCU), annual growth in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 11.52 % change on previous year | — |
| 1962 | 9.06 % change on previous year | -21.4% |
| 1963 | 11.93 % change on previous year | +31.7% |
| 1964 | 7.48 % change on previous year | -37.3% |
| 1965 | 9.52 % change on previous year | +27.3% |
| 1966 | 8.94 % change on previous year | -6.1% |
| 1967 | 11.41 % change on previous year | +27.6% |
| 1968 | 7.88 % change on previous year | -30.9% |
| 1969 | 9.29 % change on previous year | +17.9% |
| 1970 | 10.1 % change on previous year | +8.7% |
| 1971 | 12.88 % change on previous year | +27.5% |
| 1972 | 10.06 % change on previous year | -21.9% |
| 1973 | 14.68 % change on previous year | +45.9% |
| 1974 | 14.33 % change on previous year | -2.4% |
| 1975 | 12.06 % change on previous year | -15.8% |
| 1976 | 6.41 % change on previous year | -46.8% |
| 1977 | 5.89 % change on previous year | -8.1% |
| 1978 | 18.34 % change on previous year | +211.4% |
| 1979 | 14.05 % change on previous year | -23.4% |
| 1980 | 24.78 % change on previous year | +76.4% |
| 1981 | 13.23 % change on previous year | -46.6% |
| 1982 | 10.6 % change on previous year | -19.9% |
| 1983 | 2.54 % change on previous year | -76.1% |
| 1984 | 4.13 % change on previous year | +62.8% |
| 1985 | 5.69 % change on previous year | +37.6% |
| 1986 | 3.53 % change on previous year | -37.9% |
| 1987 | 0.5931 % change on previous year | -83.2% |
| 1988 | -12.44 % change on previous year | -2197.1% |
| 1989 | -0.109 % change on previous year | -99.1% |
| 1990 | 7.74 % change on previous year | -7202.2% |
| 1991 | 10.16 % change on previous year | +31.3% |
| 1992 | 13.51 % change on previous year | +32.9% |
| 1993 | 8.22 % change on previous year | -39.1% |
| 1994 | 6.67 % change on previous year | -18.9% |
| 1995 | 2.27 % change on previous year | -66.0% |
| 1996 | -3.92 % change on previous year | -273.1% |
| 1997 | 9.7 % change on previous year | -347.3% |
| 1998 | 9.1 % change on previous year | -6.2% |
| 1999 | 5.68 % change on previous year | -37.5% |
| 2000 | 3.12 % change on previous year | -45.1% |
| 2001 | 2.34 % change on previous year | -25.2% |
| 2002 | 4.03 % change on previous year | +72.4% |
| 2003 | 6.18 % change on previous year | +53.3% |
| 2004 | 11.26 % change on previous year | +82.3% |
| 2005 | 9.88 % change on previous year | -12.2% |
| 2006 | 12.99 % change on previous year | +31.4% |
| 2007 | 16.15 % change on previous year | +24.3% |
| 2008 | 18.52 % change on previous year | +14.7% |
| 2009 | 7.94 % change on previous year | -57.2% |
| 2010 | 8.46 % change on previous year | +6.6% |
| 2011 | 17.96 % change on previous year | +112.3% |
| 2012 | 16.84 % change on previous year | -6.2% |
| 2013 | 13.12 % change on previous year | -22.1% |
| 2014 | 9.41 % change on previous year | -28.3% |
| 2015 | 8.57 % change on previous year | -9.0% |
| 2016 | 6.98 % change on previous year | -18.5% |
| 2017 | 7.99 % change on previous year | +14.4% |
| 2018 | 4.92 % change on previous year | -38.3% |
| 2019 | 3.97 % change on previous year | -19.3% |
| 2020 | -17.7 % change on previous year | -545.5% |
| 2021 | 17.89 % change on previous year | -201.1% |
| 2022 | 13.29 % change on previous year | -25.7% |
| 2023 | 9.87 % change on previous year | -25.7% |
| 2024 | 3.36 % change on previous year | -66.0% |
| 2025 | 4.56 % change on previous year | +35.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.67 % change on previous year | 7.48 % change on previous year | 11.93 % change on previous year | 9 |
| 1970s | 11.88 % change on previous year | 5.89 % change on previous year | 18.34 % change on previous year | 10 |
| 1980s | 5.25 % change on previous year | -12.44 % change on previous year | 24.78 % change on previous year | 10 |
| 1990s | 6.91 % change on previous year | -3.92 % change on previous year | 13.51 % change on previous year | 10 |
| 2000s | 9.24 % change on previous year | 2.34 % change on previous year | 18.52 % change on previous year | 10 |
| 2010s | 9.82 % change on previous year | 3.97 % change on previous year | 17.96 % change on previous year | 10 |
| 2020s | 5.21 % change on previous year | -17.7 % change on previous year | 17.89 % change on previous year | 6 |
Countries ranked near Panama
- 150 Algeria 4.63 % change on previous year compare
- 151 Slovenia 4.63 % change on previous year compare
- 152 Malaysia 4.58 % change on previous year compare
- 154 Ecuador 4.55 % change on previous year compare
- 155 Costa Rica 4.41 % change on previous year compare
- 156 South Korea 4.34 % 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)
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 17,113 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.9114 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 18,037 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Panama?
- Gross value added at basic prices (gva) (current lcu), annual growth in Panama was 4.56 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Panama?
- The highest recorded value was 24.78 % change on previous year in 1980.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Panama?
- The lowest recorded value was -17.7 % change on previous year in 2020.
- How does Panama rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Panama ranks 153rd out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Panama?
- Over the last ten years it is down 46.7%. 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 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) (current LCU). 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) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.