Total market capitalization of listed domestic companies as a share of GDP in Panama

Panama: Total market capitalization of listed domestic companies as a share of GDP was 30.0% in 2025. ▲ Rising

Latest (2025)
30.0%
Change on year
up 42.2%
World rank
55th
of 98 countries
All-time high
38.3%
in 2006
All-time low
5.0%
in 1993
Years of data
33
1993–2025

Total market capitalization of listed domestic companies as a share of GDP in Panama, 1993–2025

0102030401993200920251993: 5 % of GDP1994: 8.1 % of GDP1995: 8.7 % of GDP1996: 13.9 % of GDP1997: 21.6 % of GDP1998: 34.6 % of GDP1999: 29.9 % of GDP2000: 23.3 % of GDP2001: 21.2 % of GDP2002: 24.2 % of GDP2003: 23.7 % of GDP2004: 27.8 % of GDP2005: 35.9 % of GDP2006: 38.3 % of GDP2007: 33.2 % of GDP2008: 27.5 % of GDP2009: 27.8 % of GDP2010: 27.6 % of GDP2011: 29.9 % of GDP2012: 30.2 % of GDP2013: 26.8 % of GDP2014: 26.7 % of GDP2015: 23.6 % of GDP2016: 22.7 % of GDP2017: 23.4 % of GDP2018: 23.2 % of GDP2019: 24.8 % of GDP2020: 24.4 % of GDP2021: 22.9 % of GDP2022: 20.4 % of GDP2023: 24.3 % of GDP2024: 21.1 % of GDP2025: 30 % of GDP

Source: World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2025, total market capitalization of listed domestic companies as a share of gdp in Panama stood at 30.0%.

That represents a change of up 42.2% on the previous year and up 27.2% over ten years.

Over the whole period, total market capitalization of listed domestic companies as a share of gdp in Panama peaked at 38.3% in 2006 and was at its lowest, 5.0%, in 1993.

Panama ranks 55th of 98 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 33 years of available data.

Total market capitalization of listed domestic companies as a share of GDP in Panama, year by year

Annual values for Total market capitalization of listed domestic companies as a share of GDP in Panama, 1993 to 2025.
Year % of GDP Change
1993 5.0%
1994 8.1% +63.8%
1995 8.7% +6.7%
1996 13.9% +60.3%
1997 21.6% +55.4%
1998 34.6% +60.2%
1999 29.9% -13.8%
2000 23.3% -21.8%
2001 21.2% -9.0%
2002 24.2% +13.8%
2003 23.7% -2.1%
2004 27.8% +17.6%
2005 35.9% +28.9%
2006 38.3% +6.8%
2007 33.2% -13.5%
2008 27.5% -17.2%
2009 27.8% +1.2%
2010 27.6% -0.6%
2011 29.9% +8.4%
2012 30.2% +0.8%
2013 26.8% -11.2%
2014 26.7% -0.1%
2015 23.6% -11.7%
2016 22.7% -3.9%
2017 23.4% +2.9%
2018 23.2% -0.5%
2019 24.8% +6.5%
2020 24.4% -1.3%
2021 22.9% -6.1%
2022 20.4% -10.9%
2023 24.3% +18.8%
2024 21.1% -13.0%
2025 30.0% +42.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.4% 5.0% 34.6% 7
2000s 28.3% 21.2% 38.3% 10
2010s 25.9% 22.7% 30.2% 10
2020s 23.9% 20.4% 30.0% 6

Countries ranked near Panama

  1. 52 Peru 31.4% compare
  2. 53 Mexico 30.6% compare
  3. 54 Poland 30.6% compare
  4. 56 Nigeria 29.9% compare
  5. 57 Colombia 29.0% compare
  6. 58 Palestine, State of 28.8% compare

See the full ranking of 98 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is total market capitalization of listed domestic companies as a share of gdp in Panama?
Total market capitalization of listed domestic companies as a share of gdp in Panama was 30.0% in 2025, according to World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data.
What is the highest total market capitalization of listed domestic companies as a share of gdp recorded in Panama?
The highest recorded value was 38.3% in 2006.
What is the lowest total market capitalization of listed domestic companies as a share of gdp recorded in Panama?
The lowest recorded value was 5.0% in 1993.
How does Panama rank for total market capitalization of listed domestic companies as a share of gdp?
Panama ranks 55th out of 98 countries with data for 2025.
Is total market capitalization of listed domestic companies as a share of gdp rising or falling in Panama?
Over the last ten years it is up 27.2%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data, published as part of Total market capitalization of listed domestic companies as a share of GDP. Statizoid updates them automatically from the source API.

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Total market capitalization of listed domestic companies as a share of GDP in Panama. Statizoid, drawing on World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data. Retrieved 07 September 2026, from https://economy.statizoid.com/stat/total-market-capitalization-listed-domestic-companies-share-gdp/panama/

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About this data

Indicator
Total market capitalization of listed domestic companies as a share of GDP
Unit
% of GDP
Source
World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
98 places, 2,741 data points, 1975–2025
Last refreshed

End-of-year total market capitalization of listed domestic companies, divided by gross domestic product, expressed as a percentage.