Gross Domestic Product of Panama grew 15.3% in 2021 compared to last year. This rate is 332 -tenths of one percent higher than the figure of -17.9% published in 2020.
The GDP figure in 2021 was €53,742$63,605 million, Panama is number 84 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Panama rose €6,447$9,628 million with respect to 2020.
The GDP per capita of Panama in 2021 was €13,131$15,541, €2,077$2,925 higher than in 2020, it was €11,054$12,616. 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 2011 when the GDP per capita in Panama was €6,693$9,315.
If we order the countries according to their GDP per capita, Panama is in 59th 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.