Gross value added at basic prices (GVA) (current US$), per square in Panama
Panama: Gross value added at basic prices (GVA) (current US$), per square was 1.10 million current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.10 million current US$ per square kilometre
Change on year
up 9.9%
World rank
76th
of 204 countries
All-time high
1.10 million current US$ per square kilometre
in 2023
All-time low
7,697 current US$ per square kilometre
in 1961
Years of data
63
1961–2023
Gross value added at basic prices (GVA) (current US$), per square in Panama, 1961–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (current us$), per square in Panama stood at 1.10 million current US$ per square kilometre. That is the highest value across all 63 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 81.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per square in Panama peaked at 1.10 million current US$ per square kilometre in 2023 and was at its lowest, 7,697 current US$ per square kilometre, in 1961.
That places Panama 76th out of 204 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) (current US$), per square in Panama, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1961 | 7,697 current US$ per square kilometre | — |
| 1962 | 8,394 current US$ per square kilometre | +9.1% |
| 1963 | 9,395 current US$ per square kilometre | +11.9% |
| 1964 | 10,098 current US$ per square kilometre | +7.5% |
| 1965 | 11,059 current US$ per square kilometre | +9.5% |
| 1966 | 12,048 current US$ per square kilometre | +8.9% |
| 1967 | 13,422 current US$ per square kilometre | +11.4% |
| 1968 | 14,479 current US$ per square kilometre | +7.9% |
| 1969 | 15,824 current US$ per square kilometre | +9.3% |
| 1970 | 17,423 current US$ per square kilometre | +10.1% |
| 1971 | 19,668 current US$ per square kilometre | +12.9% |
| 1972 | 21,647 current US$ per square kilometre | +10.1% |
| 1973 | 24,824 current US$ per square kilometre | +14.7% |
| 1974 | 28,380 current US$ per square kilometre | +14.3% |
| 1975 | 31,802 current US$ per square kilometre | +12.1% |
| 1976 | 33,840 current US$ per square kilometre | +6.4% |
| 1977 | 35,832 current US$ per square kilometre | +5.9% |
| 1978 | 42,403 current US$ per square kilometre | +18.3% |
| 1979 | 48,361 current US$ per square kilometre | +14.1% |
| 1980 | 60,347 current US$ per square kilometre | +24.8% |
| 1981 | 68,330 current US$ per square kilometre | +13.2% |
| 1982 | 75,574 current US$ per square kilometre | +10.6% |
| 1983 | 77,492 current US$ per square kilometre | +2.5% |
| 1984 | 80,694 current US$ per square kilometre | +4.1% |
| 1985 | 85,283 current US$ per square kilometre | +5.7% |
| 1986 | 88,293 current US$ per square kilometre | +3.5% |
| 1987 | 88,816 current US$ per square kilometre | +0.6% |
| 1988 | 77,769 current US$ per square kilometre | -12.4% |
| 1989 | 77,685 current US$ per square kilometre | -0.1% |
| 1990 | 83,697 current US$ per square kilometre | +7.7% |
| 1991 | 92,202 current US$ per square kilometre | +10.2% |
| 1992 | 104,654 current US$ per square kilometre | +13.5% |
| 1993 | 113,257 current US$ per square kilometre | +8.2% |
| 1994 | 120,811 current US$ per square kilometre | +6.7% |
| 1995 | 123,550 current US$ per square kilometre | +2.3% |
| 1996 | 118,702 current US$ per square kilometre | -3.9% |
| 1997 | 130,221 current US$ per square kilometre | +9.7% |
| 1998 | 142,073 current US$ per square kilometre | +9.1% |
| 1999 | 150,149 current US$ per square kilometre | +5.7% |
| 2000 | 154,836 current US$ per square kilometre | +3.1% |
| 2001 | 158,453 current US$ per square kilometre | +2.3% |
| 2002 | 164,836 current US$ per square kilometre | +4.0% |
| 2003 | 175,015 current US$ per square kilometre | +6.2% |
| 2004 | 194,715 current US$ per square kilometre | +11.3% |
| 2005 | 213,962 current US$ per square kilometre | +9.9% |
| 2006 | 241,745 current US$ per square kilometre | +13.0% |
| 2007 | 280,776 current US$ per square kilometre | +16.1% |
| 2008 | 332,790 current US$ per square kilometre | +18.5% |
| 2009 | 359,204 current US$ per square kilometre | +7.9% |
| 2010 | 389,588 current US$ per square kilometre | +8.5% |
| 2011 | 459,563 current US$ per square kilometre | +18.0% |
| 2012 | 536,961 current US$ per square kilometre | +16.8% |
| 2013 | 607,423 current US$ per square kilometre | +13.1% |
| 2014 | 666,569 current US$ per square kilometre | +9.7% |
| 2015 | 723,663 current US$ per square kilometre | +8.6% |
| 2016 | 774,195 current US$ per square kilometre | +7.0% |
| 2017 | 836,019 current US$ per square kilometre | +8.0% |
| 2018 | 876,479 current US$ per square kilometre | +4.8% |
| 2019 | 911,294 current US$ per square kilometre | +4.0% |
| 2020 | 750,027 current US$ per square kilometre | -17.7% |
| 2021 | 884,232 current US$ per square kilometre | +17.9% |
| 2022 | 1.00 million current US$ per square kilometre | +13.3% |
| 2023 | 1.10 million current US$ per square kilometre | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11,380 current US$ per square kilometre | 7,697 current US$ per square kilometre | 15,824 current US$ per square kilometre | 9 |
| 1970s | 30,418 current US$ per square kilometre | 17,423 current US$ per square kilometre | 48,361 current US$ per square kilometre | 10 |
| 1980s | 78,028 current US$ per square kilometre | 60,347 current US$ per square kilometre | 88,816 current US$ per square kilometre | 10 |
| 1990s | 117,932 current US$ per square kilometre | 83,697 current US$ per square kilometre | 150,149 current US$ per square kilometre | 10 |
| 2000s | 227,633 current US$ per square kilometre | 154,836 current US$ per square kilometre | 359,204 current US$ per square kilometre | 10 |
| 2010s | 678,175 current US$ per square kilometre | 389,588 current US$ per square kilometre | 911,294 current US$ per square kilometre | 10 |
| 2020s | 934,152 current US$ per square kilometre | 750,027 current US$ per square kilometre | 1.10 million current US$ per square kilometre | 4 |
Countries ranked near Panama
- 73 Norway 1.26 million current US$ per square kilometre compare
- 74 Malaysia 1.20 million current US$ per square kilometre compare
- 75 Lithuania 1.16 million current US$ per square kilometre compare
- 77 India 1.07 million current US$ per square kilometre compare
- 78 Cuba 1.03 million current US$ per square kilometre compare
- 79 Thailand 1.01 million current 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)
- 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) (current us$), per square in Panama?
- Gross value added at basic prices (gva) (current us$), per square in Panama was 1.10 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per square recorded in Panama?
- The highest recorded value was 1.10 million current US$ per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (current us$), per square recorded in Panama?
- The lowest recorded value was 7,697 current US$ per square kilometre in 1961.
- How does Panama rank for gross value added at basic prices (gva) (current us$), per square?
- Panama ranks 76th out of 204 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), per square rising or falling in Panama?
- Over the last ten years it is up 81.2%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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) (current US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) 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.