The Gross Domestic Product (GDP) in Panama was worth 70 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Panama represents 0.06 percent of the world economy.
GDP in Panama averaged 14.48 USD Billion from 1960 until 2019, reaching an all time high of 70 USD Billion in 2019 and a record low of 0.54 USD Billion in 1960. This page provides - Panama GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama GDP - values, historical data and charts - was last updated on April of 2020. source: World Bank
GDP in Panama is expected to reach 71.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama GDP is projected to trend around 71.50 USD Billion in 2021 and 72.00 USD Billion in 2022, according to our econometric models.