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Panama GDP Annual Growth Rate: -17.9% (2020)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Panama is estimated to be $41 Billion US dollars at the end of 2020.

The economy of Panama has grown at an average annual growth rate of -1.4% in the last four years and is ranked the 12th largest economy in Americas, ahead of Costa Rica.

World Economics Rates Panama's Offical GDP Data as Grade C

GDP Annual Growth Rate: Panama


Source: World Bank, World Economics
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Economic Indicators: Panama 2017 2018 2019 2020
GDP Annual Growth Rate (%) 5.6 3.6 3.0 -17.9
GDP per Capita Annual Growth Rate (%) 3.8 1.9 1.4 -19.2
Real GDP (US$ Billions, 2010) 47 49 51 41
Real GDP per Capita (US$, 2010) 11,529 11,744 11,902 9,611
Current GDP (Billions, US$) 62 65 67 53
Current GDP per Capita (US$) 15,146 15,545 15,728 12,269
Real GDP PPP (Billions, 2017) 125 130 134 110
Real GDP per Capita PPP (int$ 2017) 30,455 31,049 31,459 25,382
Data Quality Rating for Panama See how much you can trust Panama's GDP Data





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