The Gross Domestic Product (GDP) in Panama was worth 52.94 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Panama represents 0.05 percent of the world economy. source: World Bank

GDP in Panama averaged 15.06 USD Billion from 1960 until 2020, reaching an all time high of 66.79 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 September of 2021.

GDP in Panama is expected to reach 67.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama GDP is projected to trend around 68.50 USD Billion in 2022, according to our econometric models.

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Panama GDP

Actual Previous Highest Lowest Dates Unit Frequency
52.94 66.79 66.79 0.54 1960 - 2020 USD Billion Yearly
Current USD

Panama GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 40.40 -8.50 40.40 -38.20 percent [+]
GDP 52.94 66.79 66.79 0.54 USD Billion [+]
GDP per capita 9611.29 11902.33 11902.33 2139.39 USD [+]
GDP per capita PPP 25381.85 31432.11 31432.11 10726.00 USD [+]
GDP Constant Prices 9124.88 9739.16 11186.20 4958.99 PAB Million [+]
GDP From Agriculture 242.83 195.27 269.88 172.04 PAB Million [+]
GDP From Construction 920.00 1065.66 1762.68 156.06 PAB Million [+]
GDP From Manufacturing 379.16 516.72 560.60 302.40 PAB Million [+]
GDP From Mining 681.85 724.18 724.18 33.08 PAB Million [+]
GDP From Transport 1614.70 1369.49 1614.70 833.71 PAB Million [+]
GDP From Utilities 447.16 400.12 450.57 140.88 PAB Million [+]


Panama GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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