Gross Domestic Product of Panama fell -17.9% in 2020 compared to last year. This rate is 209 -tenths of one percent less than the previous year, when changed 3%.
The GDP figure in 2020 was €47,295$53,977 million, Panama is number 83 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Panama dropped €12,534$13,007 million with respect to 2019.
The GDP per capita of Panama in 2020 was €11,054$12,616, €3,127$3,262 less than in 2019, when it was €14,181$15,878. 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 2010 when the GDP per capita in Panama was €6,060$8,040.
If we order the countries according to their GDP per capita, Panama is in 61th 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.