Net primary income (BoP, current US$) in Panama
Panama: Net primary income (BoP, current US$) was -4.65 billion BoP, current US$ in 2025. ◆ Volatile
Net primary income in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net primary income in Panama stood at -4.65 billion BoP, current US$. That is the lowest value across all 49 years on record.
Compared with earlier readings it is down 7.2% on the previous year and down 34.7% over ten years.
Over the whole period, net primary income in Panama peaked at 176.60 million BoP, current US$ in 1987 and was at its lowest, -4.65 billion BoP, current US$, in 2025.
That places Panama 156th out of 200 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$) in Panama, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 40.20 million BoP, current US$ | — |
| 1978 | 67.10 million BoP, current US$ | +66.9% |
| 1979 | 37.40 million BoP, current US$ | -44.3% |
| 1980 | -396.70 million BoP, current US$ | -1160.7% |
| 1981 | -516.80 million BoP, current US$ | +30.3% |
| 1982 | -324.40 million BoP, current US$ | -37.2% |
| 1983 | -85.00 million BoP, current US$ | -73.8% |
| 1984 | -305.30 million BoP, current US$ | +259.2% |
| 1985 | -151.50 million BoP, current US$ | -50.4% |
| 1986 | -415.60 million BoP, current US$ | +174.3% |
| 1987 | 176.60 million BoP, current US$ | -142.5% |
| 1988 | -87.90 million BoP, current US$ | -149.8% |
| 1989 | -266.40 million BoP, current US$ | +203.1% |
| 1990 | -255.40 million BoP, current US$ | -4.1% |
| 1991 | -432.40 million BoP, current US$ | +69.3% |
| 1992 | -401.00 million BoP, current US$ | -7.3% |
| 1993 | -285.60 million BoP, current US$ | -28.8% |
| 1994 | -222.30 million BoP, current US$ | -22.2% |
| 1995 | -465.90 million BoP, current US$ | +109.6% |
| 1996 | -249.20 million BoP, current US$ | -46.5% |
| 1997 | -399.60 million BoP, current US$ | +60.4% |
| 1998 | -504.50 million BoP, current US$ | +26.3% |
| 1999 | -695.50 million BoP, current US$ | +37.9% |
| 2000 | -586.60 million BoP, current US$ | -15.7% |
| 2001 | -609.80 million BoP, current US$ | +4.0% |
| 2002 | -292.30 million BoP, current US$ | -52.1% |
| 2003 | -842.50 million BoP, current US$ | +188.2% |
| 2004 | -1.06 billion BoP, current US$ | +25.8% |
| 2005 | -1.17 billion BoP, current US$ | +10.1% |
| 2006 | -1.30 billion BoP, current US$ | +11.5% |
| 2007 | -1.52 billion BoP, current US$ | +16.5% |
| 2008 | -1.84 billion BoP, current US$ | +21.1% |
| 2009 | -1.82 billion BoP, current US$ | -0.7% |
| 2010 | -2.69 billion BoP, current US$ | +47.5% |
| 2011 | -2.36 billion BoP, current US$ | -12.3% |
| 2012 | -2.74 billion BoP, current US$ | +16.2% |
| 2013 | -2.91 billion BoP, current US$ | +6.2% |
| 2014 | -4.35 billion BoP, current US$ | +49.8% |
| 2015 | -3.45 billion BoP, current US$ | -20.7% |
| 2016 | -4.14 billion BoP, current US$ | +19.9% |
| 2017 | -3.81 billion BoP, current US$ | -7.8% |
| 2018 | -4.23 billion BoP, current US$ | +11.0% |
| 2019 | -4.43 billion BoP, current US$ | +4.7% |
| 2020 | -2.06 billion BoP, current US$ | -53.4% |
| 2021 | -4.16 billion BoP, current US$ | +101.8% |
| 2022 | -3.07 billion BoP, current US$ | -26.3% |
| 2023 | -4.38 billion BoP, current US$ | +42.8% |
| 2024 | -4.34 billion BoP, current US$ | -1.0% |
| 2025 | -4.65 billion BoP, current US$ | +7.2% |
Panama compared with similar countries
- Panama's -4.65 billion BoP, current US$ is below the median for high income countries, which is -477.76 million BoP, current US$, 9.7× the median. (72 countries reporting)
- Panama's -4.65 billion BoP, current US$ is below the median for Latin America & Caribbean, which is -1.47 billion BoP, current US$, 3.2× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Net primary income (BoP, current US$) in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | -1160.7% | 37.40 million BoP, current US$ | -396.70 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.23 million BoP, current US$ | 37.40 million BoP, current US$ | 67.10 million BoP, current US$ | 3 |
| 1980s | -237.30 million BoP, current US$ | -516.80 million BoP, current US$ | 176.60 million BoP, current US$ | 10 |
| 1990s | -391.14 million BoP, current US$ | -695.50 million BoP, current US$ | -222.30 million BoP, current US$ | 10 |
| 2000s | -1.10 billion BoP, current US$ | -1.84 billion BoP, current US$ | -292.30 million BoP, current US$ | 10 |
| 2010s | -3.51 billion BoP, current US$ | -4.43 billion BoP, current US$ | -2.36 billion BoP, current US$ | 10 |
| 2020s | -3.78 billion BoP, current US$ | -4.65 billion BoP, current US$ | -2.06 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 153 Slovakia -4.35 billion BoP, current US$ compare
- 154 Uruguay -4.48 billion BoP, current US$ compare
- 155 Cyprus -4.61 billion BoP, current US$ compare
- 157 Oman -4.71 billion BoP, current US$ compare
- 158 Portugal -4.87 billion BoP, current US$ compare
- 159 Ghana -5.14 billion BoP, current US$ 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 net primary income in Panama?
- Net primary income in Panama was -4.65 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Panama?
- The highest recorded value was 176.60 million BoP, current US$ in 1987.
- What is the lowest net primary income recorded in Panama?
- The lowest recorded value was -4.65 billion BoP, current US$ in 2025.
- How does Panama rank for net primary income?
- Panama ranks 156th out of 200 countries with data for 2025.
- Is net primary income rising or falling in Panama?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.