Panama GDP: $166 Billion

GROSS DOMESTIC PRODUCT (REAL PPP IN 2021 PRICES)

Panama GDP Forecast: $166 Billion in 2024, $171.0 Billion projected for 2025 (PPP).

GDP in Panama is estimated to be $166 Billion international dollars at the end of 2024 in GDP PPP terms.

Looking ahead to 2025, projections suggest Panama's 2025 GDP estimate could be $171.0 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 5.8% 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

Real GDP PPP (Int$): Panama


Source: World Economics
Notes: 2021 Constant Prices (Int$)
0 0 0 Panama|#FE1800|2639104796.76415, 2505140086.26851, 2547001434.96856, 2705590896.29778, 2763633801.92289, 2824373006.36076, 2728229451.32549, 3023715921.86863, 2674647799.38991, 2705576356.14505, 3252125153.42893, 3199628100.04162, 3262420627.08126, 3208563084.74397, 3303015512.98555, 3361599402.99628, 3522496468.43883, 3677394521.61122, 3854844316.10247, 4084264542.64837, 4073225989.8304, 4292265935.83683, 4604032495.62464, 4491894408.76831, 4656437246.18706, 4769246779.39283, 5160539881.13687, 5142917713.89971, 5643315798.74975, 5720962321.03064, 5991210928.67334, 6419087507.10876, 6807087262.95644, 7295908855.66559, 7887470313.22843, 8620188502.77134, 9289007568.62372, 10015421495.5257, 11244933257.3493, 12684655608.1068, 14309816157.8916, 16158553365.1639, 17701344887.3393, 17528942799.8614, 17018395551.3584, 17558134637.2294, 18283927969.0106, 18285479288.9128, 19112594258.0578, 20410287824.7013, 21666458047.4001, 22357874380.5216, 24682743349.5196, 26888012154.5971, 28439604282.7532, 29273954977.8829, 29795883133.2225, 31063168202.1859, 33208784600.4722, 35839976745.1301, 37301139436.82, 38342275681.0358, 38563736728.1173, 39442979679.5484, 41174574750.9966, 44523681543.2886, 47973596938.4852, 52517670300.7264, 59668312109.2101, 66191963579.0476, 67025080176.6183, 71172923870.7286, 80252473436.6324, 88950896127.7211, 95546748612.197, 100646234892.83, 111289151444.66, 117088807699.454, 124023125271.769, 128768809365.778, 133138239947.523, 113147043786.401, 134436015306.784, 150728848373.152, 161757678208.616, 165801620163.831 1939, 1940, 1941, 1942, 1943, 1944, 1945, 1946, 1947, 1948, 1949, 1950, 1951, 1952, 1953, 1954, 1955, 1956, 1957, 1958, 1959, 1960, 1961, 1962, 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
Real GDP PPP (Billions, 2017) 134 151 162 166
Real GDP per Capita PPP (int$ 2017) 28,837 30,551 31,326 35,272
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, 2015) 63 70 75 77
Real GDP per Capita (US$, 2015) 14,553 15,917 16,873 16,967
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
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PANAMA'S ECONOMICS
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