Gross Domestic Product of Panama grew 5% in 2016 compared to last year. This rate is 7 -tenths of one percent less than the figure of 5.7% published in 2015.
The GDP figure in 2016 was €52,330$57,908 million, Panama is number 77 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Panama rose €3,582$3,816 million with respect to 2015.
The GDP per capita of Panama in 2016 was €12,962$14,344, €700$737 higher than in 2015, it was €12,262$13,607. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2006 when the GDP per capita in Panama was €4,302$5,402.
If we order the countries according to their GDP per capita, Panama is in 55th position of the 196 countries whose GDP we publish.
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.