Panama GDP Annual Growth Rate: 4.0% (2023)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Panama is estimated to be $66 Billion US dollars at the end of 2023.

The economy of Panama has grown at an average annual growth rate of 2.2% 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 D

GDP Annual Growth Rate: Panama


Source: World Bank, World Economics
0 0 0 Panama|#FE1800|4.58281250525245, 5.36431021720536, 2.44831956246554, 1.74091944012645, 1.66446135972984, 1.09402589059884, 9.79264391816611, 4.51475107985186, 13.0844817290487, 9.20680945357964, 5.34845643837625, -4.49136434642855, 2.70947377305828, 4.94223365154002, 3.56778822819004, -1.80905548139492, -13.3798437826624, 1.56224700549559, 8.09899300573198, 9.41900556242726, 8.20168033396446, 5.45574443557584, 2.8501468139855, 1.7516787571155, 4.07970320578626, 6.46099044002899, 7.34150070288588, 3.91720658872848, 2.71537415482821, 0.574272790634538, 2.22914941663728, 4.20549594481574, 7.52207965784619, 7.19127940233535, 8.65246561056669, 11.9839853947871, 9.85565485158463, 1.24299231776419, 5.82799349428571, 11.3136259097046, 9.77849007140338, 6.90394805143926, 5.06642235455794, 5.7330542960121, 4.95321142279059, 5.5911488755363, 3.68542993788574, 2.97977200138762, -17.9448935972493, 15.3358739290709, 7.523, 4.014 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,








 





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Economic Indicators: Panama 2020 2021 2022 2023
GDP Annual Growth Rate (%) -17.9 15.3 7.5 4.0
GDP per Capita Annual Growth Rate (%) -19.1 13.8 7.5 4.0
Real GDP (US$ Billions, 2010) 53 61 63 66
Real GDP per Capita (US$, 2010) 12,230 13,921 14,480 15,130
Current GDP (Billions, US$) 54 64 66 69
Current GDP per Capita (US$) 12,569 14,618 15,204 15,887
Real GDP PPP (Billions, 2017) 110 126 136 141
Real GDP per Capita PPP (int$ 2017) 25,390 28,837 30,551 31,326
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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