The Gross Domestic Product (GDP) in Panama expanded 3.90 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Panama averaged 5.61 percent from 2010 until 2025, reaching an all time high of 43.70 percent in the second quarter of 2021 and a record low of -36.40 percent in the second quarter of 2020. source: Instituto Nacional de Estadística y Censo - Panamá

GDP Annual Growth Rate in Panama is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama GDP Annual Growth Rate is projected to trend around 4.60 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 2.90 7.40 percent Dec 2024
GDP Growth Rate YoY 3.90 3.40 percent Sep 2025
GDP Constant Prices 20810.10 18861.10 PAB Million Sep 2025


Panama GDP Annual Growth Rate
Panama is one of the fastest growing economies in the Americas, greatly influenced by the famous canal connecting Atlantic and Pacific Ocean and business-friendly regulations. As a result service sector with insurance, finance, legal industries and flagship registry accounts for 80 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.40 43.70 -36.40 2010 - 2025 percent Quarterly
Constant Prices