Panama GDP - Gross Domestic Product 2024

GDP Panama 2024

Panama: GDP increases 2.7%

Gross Domestic Product of Panama grew 2.7% in 2024 compared to last year. This rate is 45 -tenths of one percent less than the figure of 7.2% published in 2023.

The GDP figure in 2024 was €79,963$86,524 million, Panama is number 79 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Panama rose €2,473$2,712 million with respect to 2023.

Here we show you the progression of the GDP in Panama. You can see GDP in other countries in GDP and see all the economic information about Panama in Panama's economy.

Evolution: Annual GDP Panama

Date	Annual GDP	Annual GDP	GDP Growth (%)
2024	€79,963M	$86,524M	2.7%
2023	€77,490M	$83,812M	7.2%
2022	€72,569M	$76,479M	11.0%
2021	€56,945M	$67,396M	16.5%
2020	€49,996M	$57,060M	-17.8%
2019	€62,325M	$69,779M	3.1%
2018	€56,976M	$67,316M	3.7%
2017	€57,107M	$64,490M	5.6%
2016	€54,254M	$60,037M	4.9%
2015	€50,540M	$56,080M	5.7%
2014	€38,949M	$51,757M	5.1%
2013	€35,596M	$47,276M	9.0%
2012	€32,604M	$41,916M	7.7%
2011	€25,839M	$35,961M	11.3%
2010	€23,005M	$30,523M	5.8%
2009	€20,178M	$28,114M	1.3%
2008	€17,735M	$26,081M	9.9%
2007	€16,109M	$22,079M	12.2%
2006	€15,224M	$19,116M	8.5%
2005	€13,858M	$17,250M	7.2%
2004	€12,721M	$15,816M	7.5%
2003	€12,756M	$14,426M	4.3%
2002	€14,487M	$13,689M	2.2%
2001	€14,706M	$13,171M	0.6%
2000	€14,028M	$12,962M	2.7%
1999	€11,978M	$12,779M	3.9%
1998		$12,195M	7.4%
1997		$11,248M	6.4%
1996		$10,410M	7.4%
1995		$8,828M	1.8%
1994		$8,636M	2.8%
1993		$8,099M	5.5%
1992		$7,416M	8.2%
1991		$6,524M	9.4%
1990		$5,933M	8.1%
1989		$5,458M	1.6%
1988		$5,443M	-13.4%
1987		$6,296M	-1.8%
1986		$6,269M	3.6%
1985		$6,032M	4.9%
1984		$5,702M	2.7%
1983		$5,463M	-4.5%
1982		$5,321M	5.3%
1981		$4,816M	9.2%
1980		$4,255M	4.5%
1979		$3,705M	4.5%
1978		$3,245M	9.8%
1977		$2,738M	1.1%
1976		$2,588M	1.7%
1975		$2,435M	1.7%
1974		$2,188M	2.4%
1973		$1,914M	5.4%
1972		$1,673M	4.6%
1971		$1,524M	9.6%
1970		$1,351M	7.0%
1969		$1,221M	8.4%
1968		$1,113M	7.0%
1967		$1,034M	8.6%
1966		$929M	7.6%
1965		$852M	9.2%
1964		$776M	4.4%
1963		$723M	8.5%
1962		$652M	8.2%
1961		$599M	10.9%
1960		$537M

Evolution: GDP per capita Panama

Date	GDP per capita	GDP per capita	GDP P.C. Annual Growth	GDP P.C. Annual Growth
2024	€17,732	$19,187	1.9%	1.9%
2023	€17,403	$18,822	5.4%	8.2%
2022	€16,510	$17,400	25.8%	12.0%
2021	€13,129	$15,538	12.4%	16.5%
2020	€11,685	$13,336	-20.9%	-19.4%
2019	€14,773	$16,540	7.8%	2.2%
2018	€13,700	$16,187	-1.7%	2.9%
2017	€13,935	$15,736	3.7%	5.8%
2016	€13,439	$14,871	5.7%	5.4%
2015	€12,713	$14,107	27.7%	6.7%
2014	€9,953	$13,226	7.7%	7.7%
2013	€9,244	$12,277	7.4%	10.9%
2012	€8,608	$11,067	24.1%	14.6%
2011	€6,939	$9,657	10.5%	15.9%
2010	€6,282	$8,335	12.1%	6.7%
2009	€5,605	$7,809	11.8%	5.9%
2008	€5,013	$7,372	8.2%	16.0%
2007	€4,635	$6,352	3.9%	13.4%
2006	€4,460	$5,600	7.8%	8.8%
2005	€4,135	$5,148	6.9%	7.0%
2004	€3,868	$4,809	-2.2%	7.6%
2003	€3,954	$4,471	-13.6%	3.4%
2002	€4,578	$4,326	-3.4%	1.9%
2001	€4,740	$4,246	2.7%	-0.4%
2000	€4,613	$4,263	14.8%	-0.6%
1999	€4,019	$4,288		2.7%
1998		$4,175		6.2%
1997		$3,931		5.9%
1996		$3,713		15.5%
1995		$3,214		0.2%
1994		$3,209		4.4%
1993		$3,072		6.9%
1992		$2,873		11.3%
1991		$2,581		7.6%
1990		$2,398		6.5%
1989		$2,252		-1.8%
1988		$2,293		-15.4%
1987		$2,709		-1.7%
1986		$2,756		1.7%
1985		$2,711		3.5%
1984		$2,620		2.0%
1983		$2,568		0.3%
1982		$2,560		7.9%
1981		$2,372		10.5%
1980		$2,147		10.8%
1979		$1,938		11.5%
1978		$1,738		15.6%
1977		$1,503		3.2%
1976		$1,457		3.6%
1975		$1,406		8.4%
1974		$1,296		11.3%
1973		$1,164		11.3%
1972		$1,046		6.8%
1971		$979		9.7%
1970		$893		7.5%
1969		$830		6.7%
1968		$778		4.5%
1967		$745		8.1%
1966		$689		5.8%
1965		$651		6.6%
1964		$611		4.2%
1963		$587		7.5%
1962		$546		5.6%
1961		$516		8.3%
1960		$477

Evolution: GDP growth rate at constant prices Panama

Evolution: GDP per capita Panama

GDP Panama