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Panama GDP Data: Value, Growth Rate, Per Capita and Structure

Panama GDP Indicators

Indicator Data Period
GDP Value 76.52 USD Billion 2022
GDP Annual Growth Rate 9.5 % 3Q/22
GDP per capita 15388 USD 2022
GDP Constant Prices 11318 PAB Million | 11.337 B USD 3Q/22
GDP per capita PPP 33266 USD 2022
GDP From Agriculture  291 PAB Million | 0.291 B USD 3Q/22
GDP From Construction  1067 PAB Million | 1.069 B USD 3Q/22
GDP From Manufacturing  443 PAB Million | 0.444 B USD 3Q/22
GDP From Mining  847 PAB Million | 0.848 B USD 3Q/22
GDP From Transport  1648 PAB Million | 1.651 B USD 3Q/22
GDP From Utilities  483 PAB Million | 0.484 B USD 3Q/22


Latest data on GDP Value (USD Billion)

GDP Value
                     Panama - Historical Data (USD Billion)

What is Panama GDP Value?

  • The volume of Gross Domestic Product in Panama increased to 76.52 USD Billion in 2022. The maximum volume was 66.79 USD Billion and minimum was 0.54 USD Billion.
  • Data published Yearly by World Bank.

Historical Data (USD Billion) by years

Data
Period
Date
76.52 2022 30.06.2023
63.61 2021 06.07.2022
52.94 2020 02.07.2021
66.8 2019 06.03.2020
65.06 2018 04.07.2019
61.84 2017 05.07.2018
55 2016 19.06.2018
52.13 2015 31.12.2015


Historical Chart by presidents (USD Billion)

GDP Value in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Varela 01.07.2014 - 49.1700 55.0000 55.1900 49.1700 11.86%
Ricardo Martinelli 01.07.2009 - 01.07.2014 26.5900 44.8600 44.8600 26.5900 68.71%
Martín Torrijos 01.09.2004 - 01.07.2009 15.0100 24.5200 24.5200 15.0100 63.36%
Mireya Moscoso 01.09.1999 - 01.09.2004 12.1300 13.6900 13.6900 12.1300 12.86%
Ernesto Balladares 01.09.1994 - 01.09.1999 9.3700 11.5800 11.5800 9.3700 23.59%
Guillermo Endara 20.12.1989 - 01.09.1994 5.9200 8.7800 8.7800 5.9200 48.31%


Latest data on GDP Annual Growth Rate (%)

GDP Annual Growth Rate
                     Panama - Historical Data (%)

What is annual GDP growth rate in Panama?

  • GDP Annual Growth Rate in Panama increased by 9.5 % in the third quarter of 2022. The maximum growth was 12.2 % and minimum was -38.2 %
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (%) by years

Data
Period
Date
9.5 3Q/22 16.12.2022
9.8 2Q/22 16.09.2022
13.6 1Q/22 16.06.2022
16.3 4Q/21 09.03.2022
25.5 3Q/21 18.01.2022
40.4 2Q/21 17.09.2021
-8.5 1Q/21 06.08.2021
-10.9 4Q/20 02.03.2021


Historical Chart by YoY presidents (%)

GDP Annual Growth Rate in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Varela 01.07.2014 - 4.6000 4.2000 9.6000 4.2000 -8.70%
Ricardo Martinelli 01.07.2009 - 01.07.2014 7.1000 5.6000 12.2000 4.3000 -21.13%


Latest data on GDP per capita (USD)

GDP per capita
                     Panama - Historical Data (USD)

What is Panama GDP per capita?

  • GDP per capita in Panama increased to 15388 USD in 2022. The maximum level was 11902 USD and minimum was 2139 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
15388 2022 30.06.2023
13921 2021 12.07.2022
12172 2020 02.07.2021
11910 2019 06.07.2020
11724 2018 04.07.2019
11513.28 2017 05.07.2018
10982.4 2016 11.08.2017
10642.3 2015 31.12.2015


Historical Chart by presidents (USD)

GDP per capita in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Varela 01.07.2014 - 10229.2000 10982.4000 10982.4000 10229.2000 7.36%
Ricardo Martinelli 01.07.2009 - 01.07.2014 7638.3000 9810.0000 9810.0000 7638.3000 28.43%
Martín Torrijos 01.09.2004 - 01.07.2009 5810.3000 7653.1000 7653.1000 5810.3000 31.72%
Mireya Moscoso 01.09.1999 - 01.09.2004 5403.4000 5505.5000 5505.5000 5368.0000 1.89%
Ernesto Balladares 01.09.1994 - 01.09.1999 4755.9000 5304.9000 5304.9000 4741.1000 11.54%
Guillermo Endara 20.12.1989 - 01.09.1994 3801.0000 4720.0000 4720.0000 3801.0000 24.18%


Latest data on GDP Constant Prices (PAB Million)

GDP Constant Prices
                     Panama - Historical Data (PAB Million)

What is Panama GDP in Constant Prices?

  • Real GDP (Constant Prices) in Panama increased to 11318 PAB Million (11.337 B USD) in the third quarter of 2022. The maximum value was 11211 PAB Million and minimum was 4959 PAB Million.
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (PAB Million) by years

Data
Period
Date
11318 3Q/22 17.12.2022
9926 2Q/22 17.09.2022
11097 1Q/22 16.06.2022
11590 4Q/21 09.03.2022
10338 3Q/21 18.01.2022
9125 2Q/21 20.09.2021
9739 1Q/21 31.07.2021
9970 4Q/20 05.03.2021


Historical Chart by presidents (PAB Million)

GDP Constant Prices in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP per capita PPP (USD)

GDP per capita PPP
                     Panama - Historical Data (USD)

What is Panama GDP per capita by purchasing power parity?

  • GDP per capita PPP (purchasing power parity) in Panama increased to 33266 USD in 2022. The maximum level was 31432 USD and minimum was 10726 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
33266 2022 30.06.2023
29038 2021 07.07.2022
25382 2020 02.07.2021
31459 2019 07.07.2020
22674 2018 29.10.2019
22267 2017 04.07.2019


Historical Chart by presidents (USD)

GDP per capita PPP in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Agriculture  (PAB Million)

GDP From Agriculture 
                     Panama - Historical Data (PAB Million)

What is Panama GDP From Agriculture?

  • GDP From Agriculture in Panama increased to 291 PAB Million (0.291 B USD) in the third quarter of 2022. The maximum level was 270 PAB Million and minimum was 172 PAB Million
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (PAB Million) by years

Data
Period
Date
291 3Q/22 17.12.2022
242 2Q/22 17.09.2022
197 1Q/22 16.06.2022
241 4Q/21 10.03.2022
285 3Q/21 18.01.2022
243 2Q/21 20.09.2021
195 1Q/21 31.07.2021
232 4Q/20 05.03.2021


Historical Chart by presidents (PAB Million)

GDP From Agriculture  in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Construction  (PAB Million)

GDP From Construction 
                     Panama - Historical Data (PAB Million)

What is Panama GDP From Construction?

  • GDP from Construction in Panama increased to 1067 PAB Million (1.069 B USD) in the third quarter of 2022. The maximum level was 1755 PAB Million and minimum was 157 PAB Million
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (PAB Million) by years

Data
Period
Date
1067 3Q/22 17.12.2022
1057 2Q/22 17.09.2022
1294 1Q/22 16.06.2022
1172 4Q/21 10.03.2022
907 3Q/21 18.01.2022
920 2Q/21 20.09.2021
1066 1Q/21 31.07.2021
807 4Q/20 05.03.2021


Historical Chart by presidents (PAB Million)

GDP From Construction  in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Manufacturing  (PAB Million)

GDP From Manufacturing 
                     Panama - Historical Data (PAB Million)

What is Panama GDP From Manufacturing?

  • GDP from Manufacturing in Panama remained unchanged at 443 PAB Million (0.444 B USD) in the third quarter of 2022. The maximum volume was 561 PAB Million and minimum was 304 PAB Million
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (PAB Million) by years

Data
Period
Date
443 3Q/22 17.12.2022
433 2Q/22 17.09.2022
532 1Q/22 16.06.2022
543 4Q/21 10.03.2022
419 3Q/21 18.01.2022
379 2Q/21 20.09.2021
517 1Q/21 31.07.2021
478 4Q/20 05.03.2021


Historical Chart by presidents (PAB Million)

GDP From Manufacturing  in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Mining  (PAB Million)

GDP From Mining 
                     Panama - Historical Data (PAB Million)

What is Panama GDP From Mining?

  • GDP from Mining  in Panama increased to 847 PAB Million (0.848 B USD) in the third quarter of 2022. The maximum volume was 533 PAB Million and minimum was 33.08 PAB Million
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (PAB Million) by years

Data
Period
Date
847 3Q/22 17.12.2022
580 2Q/22 17.09.2022
817 1Q/22 16.06.2022
788 4Q/21 10.03.2022
812 3Q/21 18.01.2022
682 2Q/21 20.09.2021
724 1Q/21 31.07.2021
533 4Q/20 05.03.2021


Historical Chart by presidents (PAB Million)

GDP From Mining  in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Transport  (PAB Million)

GDP From Transport 
                     Panama - Historical Data (PAB Million)

What is Panama GDP From Transport?

  • GDP from Transport  in Panama decreased to 1648 PAB Million (1.651 B USD) in the third quarter of 2022. The maximum level was 1583 PAB Million and minimum was 834 PAB Million
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (PAB Million) by years

Data
Period
Date
1648 3Q/22 17.12.2022
1666 2Q/22 17.09.2022
1558 1Q/22 16.06.2022
1674 4Q/21 10.03.2022
1462 3Q/21 18.01.2022
1615 2Q/21 20.09.2021
1369 1Q/21 31.07.2021
1516 4Q/20 05.03.2021


Historical Chart by presidents (PAB Million)

GDP From Transport  in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Utilities  (PAB Million)

GDP From Utilities 
                     Panama - Historical Data (PAB Million)

What is Panama GDP From Utilities?

  • GDP from Utilities  in Panama increased to 483 PAB Million (0.484 B USD) in the third quarter of 2022. The maximum level was 457 PAB Million and minimum was 141 PAB Million
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (PAB Million) by years

Data
Period
Date
483 3Q/22 17.12.2022
448 2Q/22 17.09.2022
438 1Q/22 16.06.2022
459 4Q/21 10.03.2022
462 3Q/21 18.01.2022
447 2Q/21 20.09.2021
400 1Q/21 31.07.2021
417 4Q/20 05.03.2021


Historical Chart by presidents (PAB Million)

GDP From Utilities  in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other gdp indicators in Panama

Index Updated Actual Previous

GDP Value in other countries

Country Updated Actual Previous
Colombia 2022 344 B USD 319
Panama 2022 76.52 B USD 67.41
Puerto Rico 2022 113 B USD 106
Honduras 2022 31.72 B USD 28.49
Brazil 2022 1920 B USD 1650
Chile 2022 301 B USD 317
Paraguay 2022 41.72 B USD 39.95
Argentina 2022 633 B USD 487
Canada 2022 2140 B USD 2001
Ecuador 2022 115 B USD 106
Mexico 2022 1414 B USD 1273
Peru 2022 243 B USD 224
United States 2022 25463 B USD 23315
Uruguay 2022 71.18 B USD 61.41
Jamaica 2022 17.1 B USD 14.66
Suriname 2022 3.62 B USD 2.98
Venezuela 2021 112 B USD 106
Belize 2022 2.82 B USD 2.49
Cameroon 2022 44.34 B USD 45.34
Cape Verde 2022 2.31 B USD 2.09
Cuba 2021 545 B USD 107
Dominican Republic 2022 114 B USD 94.24
El Salvador 2022 32.49 B USD 29.45
Guyana 2022 15.36 B USD 8.04
Haiti 2022 20.25 B USD 20.88
Nicaragua 2022 15.67 B USD 14.15
Trinidad and Tobago 2022 27.9 B USD 24.46