Real gdp growth, annual growth rate in Panama

Panama: Real gdp growth, annual growth rate was 58.3 % change on previous year in 2025. ◆ Volatile

Latest (2025)
58.3 % change on previous year
Change on year
up 194.6%
World rank
50th
of 196 countries
All-time high
418.5 % change on previous year
in 1990
All-time low
-674.32 % change on previous year
in 2020
Years of data
45
1981–2025

Real gdp growth, annual growth rate in Panama, 1981–2025

-750-500-25002505001981200320251981: 104.6 % change on previous year1982: -41.9 % change on previous year1983: -184 % change on previous year1984: 160.3 % change on previous year1985: 82.4 % change on previous year1986: -27.8 % change on previous year1987: -150.7 % change on previous year1988: -639.6 % change on previous year1989: 111.7 % change on previous year1990: 418.5 % change on previous year1991: 16.3 % change on previous year1992: -12.9 % change on previous year1993: -33.5 % change on previous year1994: -47.8 % change on previous year1995: -38.5 % change on previous year1996: 320.7 % change on previous year1997: 4.6 % change on previous year1998: 8.8 % change on previous year1999: -37.9 % change on previous year2000: -19.2 % change on previous year2001: -77.4 % change on previous year2002: 164.1 % change on previous year2003: 103.1 % change on previous year2004: 60.4 % change on previous year2005: 1.2 % change on previous year2006: 19.1 % change on previous year2007: 33.4 % change on previous year2008: -22.5 % change on previous year2009: -84.2 % change on previous year2010: 276.7 % change on previous year2011: 96.1 % change on previous year2012: -19.2 % change on previous year2013: -34.3 % change on previous year2014: -26.9 % change on previous year2015: 13.9 % change on previous year2016: -13.2 % change on previous year2017: 25.6 % change on previous year2018: -31.8 % change on previous year2019: -20.8 % change on previous year2020: -674.3 % change on previous year2021: 192.4 % change on previous year2022: -33 % change on previous year2023: -35.1 % change on previous year2024: -61.7 % change on previous year2025: 58.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, real gdp growth, annual growth rate in Panama stood at 58.3 % change on previous year.

Compared with earlier readings it is up 194.6% on the previous year and up 320.7% over ten years.

Over the whole period, real gdp growth, annual growth rate in Panama peaked at 418.5 % change on previous year in 1990 and was at its lowest, -674.32 % change on previous year, in 2020.

That places Panama 50th out of 196 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Real gdp growth, annual growth rate in Panama, year by year

Annual values for Real gdp growth, annual growth rate in Panama, 1981 to 2025.
Year % change on previous year Change
1981 104.6 % change on previous year —
1982 -41.91 % change on previous year -140.1%
1983 -183.97 % change on previous year +338.9%
1984 160.32 % change on previous year -187.1%
1985 82.43 % change on previous year -48.6%
1986 -27.8 % change on previous year -133.7%
1987 -150.7 % change on previous year +442.0%
1988 -639.63 % change on previous year +324.4%
1989 111.67 % change on previous year -117.5%
1990 418.5 % change on previous year +274.8%
1991 16.29 % change on previous year -96.1%
1992 -12.9 % change on previous year -179.2%
1993 -33.49 % change on previous year +159.6%
1994 -47.78 % change on previous year +42.7%
1995 -38.5 % change on previous year -19.4%
1996 320.72 % change on previous year -932.9%
1997 4.59 % change on previous year -98.6%
1998 8.79 % change on previous year +91.8%
1999 -37.86 % change on previous year -530.4%
2000 -19.24 % change on previous year -49.2%
2001 -77.43 % change on previous year +302.4%
2002 164.1 % change on previous year -311.9%
2003 103.15 % change on previous year -37.1%
2004 60.41 % change on previous year -41.4%
2005 1.22 % change on previous year -98.0%
2006 19.1 % change on previous year +1461.9%
2007 33.44 % change on previous year +75.0%
2008 -22.47 % change on previous year -167.2%
2009 -84.19 % change on previous year +274.6%
2010 276.74 % change on previous year -428.7%
2011 96.1 % change on previous year -65.3%
2012 -19.16 % change on previous year -119.9%
2013 -34.31 % change on previous year +79.1%
2014 -26.85 % change on previous year -21.7%
2015 13.86 % change on previous year -151.6%
2016 -13.2 % change on previous year -195.2%
2017 25.63 % change on previous year -294.3%
2018 -31.79 % change on previous year -224.0%
2019 -20.8 % change on previous year -34.6%
2020 -674.32 % change on previous year +3141.7%
2021 192.4 % change on previous year -128.5%
2022 -32.96 % change on previous year -117.1%
2023 -35.08 % change on previous year +6.4%
2024 -61.65 % change on previous year +75.7%
2025 58.3 % change on previous year -194.6%

Biggest year-on-year movements

Years where Real gdp growth, annual growth rate 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.

YearChange FromTo
2020 -3141.7% -20.8 % change on previous year -674.32 % change on previous year
2006 +1461.9% 1.22 % change on previous year 19.1 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s -65 % change on previous year -639.63 % change on previous year 160.32 % change on previous year 9
1990s 59.84 % change on previous year -47.78 % change on previous year 418.5 % change on previous year 10
2000s 17.81 % change on previous year -84.19 % change on previous year 164.1 % change on previous year 10
2010s 26.62 % change on previous year -34.31 % change on previous year 276.74 % change on previous year 10
2020s -92.22 % change on previous year -674.32 % change on previous year 192.4 % change on previous year 6

Countries ranked near Panama

  1. 47 Bosnia and Herzegovina 61.84 % change on previous year compare
  2. 48 Afghanistan, Islamic Republic of 60.38 % change on previous year compare
  3. 49 Burkina Faso 60 % change on previous year compare
  4. 51 Burundi 56.04 % change on previous year compare
  5. 52 Tunisia 52.38 % change on previous year compare
  6. 53 Cabo Verde 51.07 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is real gdp growth, annual growth rate in Panama?
Real gdp growth, annual growth rate in Panama was 58.3 % change on previous year in 2025, according to Statizoid (derived).
What is the highest real gdp growth, annual growth rate recorded in Panama?
The highest recorded value was 418.5 % change on previous year in 1990.
What is the lowest real gdp growth, annual growth rate recorded in Panama?
The lowest recorded value was -674.32 % change on previous year in 2020.
How does Panama rank for real gdp growth, annual growth rate?
Panama ranks 50th out of 196 countries with data for 2025.
Is real gdp growth, annual growth rate rising or falling in Panama?
Over the last ten years it is up 320.7%. 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 Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.

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Real gdp growth, annual growth rate in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 28 October 2026, from https://economy.statizoid.com/stat/real-gdp-growth-annual-growth-rate/panama/

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How this figure is calculated

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Real gdp growth, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,619 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.