Panama GDP: $85 Billion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Panama GDP Forecast: $85 Billion in 2024, $88.0 Billion projected for 2025 (Current Market Prices).

GDP in Panama is estimated to be $85 Billion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Panama's 2025 GDP estimate could be $88.0 Billion. This Panama GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 3.0%.

The economy of Panama has grown at an average annual growth rate of 16.0% in the last four years and is ranked the 12th largest economy in Americas, ahead of Costa Rica.

See the full Panama data sheet covering Economics, Demographics and ESG

Current GDP (US$): Panama


Source: World Bank, World Economics
Notes: Current Market Prices
0 0 0 Panama|#FE1800|722784500, 776137500, 852485300, 928833000, 1034376400, 1112791100, 1221305700, 1351006400, 1523917200, 1673411700, 1913793400, 2188307600, 2435304100, 2588106000, 2738261900, 3244558600, 3704551600, 4614086400, 5222421500, 5769767900, 5923755900, 6183387100, 6541517100, 6797834200, 6827665300, 5902783400, 5918469800, 6433967000, 7074675500, 8042337700, 8782585400, 9365289800, 9573813700, 9197503300, 10058854400, 11019557700, 11660704800, 11966497000, 12252906300, 12800851300, 13603456000, 15100203400, 16623906700, 18659721500, 21717433800, 25721328000, 27791215500, 30231009500, 35687738300, 41595439700, 46949496500, 51427104900, 55767806100, 59760858700, 64327688800, 67316471200, 69778991200, 57059846500, 67396392500, 76276116700, 83318176900, 85401131322.5 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Panama 2021 2022 2023 2024
Current GDP (Billions, US$) 67 76 83 85
Current GDP per Capita (US$) 15,510 17,332 18,686 18,791
Real GDP (US$ Billions, 2010) 63 70 75 77
Real GDP per Capita (US$, 2010) 14,553 15,917 16,873 16,967
Real GDP PPP (Billions, 2017) 134 151 162 166
Real GDP per Capita PPP (int$ 2017) 28,837 30,551 31,326 35,272
GDP Annual Growth Rate (%) 16.5 10.8 7.4 2.5
GDP per Capita Annual Growth Rate (%) 15.1 9.4 6.0 0.6
Data Quality Rating for Panama See how much you can trust Panama's GDP Data




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PANAMA'S ECONOMICS
PANAMA'S DEMOGRAPHY
PANAMA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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