Panama GDP

GDP nominal (2023)
$83,318,176,900
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

7.40%

  • Nominal (current) Gross Domestic Product (GDP) of Panama is $83,318,176,900 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of Panama reached $75,232,121,008 in 2023.
  • GDP Growth Rate in 2023 was 7.40%, representing a change of 5,183,135,663 US$ over 2022, when Real GDP was $70,048,985,345.
  • GDP per Capita in Panama (with a population of 4,458,759 people) was $16,873 in 2023, an increase of $955 from $15,917 in 2021; this represents a change of 6.0% in GDP per capita.
Panama GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of Panama

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $83,318,176,900 $75,232,121,008 7.40% $16,873 1.32 % 4,458,759
2022 $76,276,116,700 $70,048,985,345 10.77% $15,917 1.27 % 4,400,773
2021 $67,396,392,500 $63,238,418,925 16.47% $14,553 1.21 % 4,345,405
2020 $57,059,846,500 $54,297,226,766 -17.82% $12,647 1.38 % 4,293,261
2019 $69,778,991,200 $66,072,084,975 3.10% $15,603 1.60 % 4,234,700
2018 $67,316,471,200 $64,083,529,549 3.92% $15,376 1.69 % 4,167,860
2017 $64,327,688,800 $61,667,283,244 5.74% $15,046 1.73 % 4,098,707
2016 $59,760,858,700 $58,317,491,836 4.57% $14,474 1.74 % 4,029,086
2015 $55,767,806,100 $55,767,806,100 5.27% $14,083 1.75 % 3,960,035
2014 $51,427,104,900 $52,977,523,790 4.63% $13,612 1.75 % 3,892,101
2013 $46,949,496,500 $50,635,232,251 6.32% $13,237 1.76 % 3,825,329
2012 $41,595,439,700 $47,623,362,287 9.63% $12,668 1.78 % 3,759,256
2011 $35,687,738,300 $43,441,154,828 11.91% $11,761 1.79 % 3,693,505
2010 $30,231,009,500 $38,818,327,826 6.07% $10,698 1.80 % 3,628,535
2009 $27,791,215,500 $36,595,725,406 1.61% $10,267 1.82 % 3,564,381
2008 $25,721,328,000 $36,015,209,193 10.20% $10,288 1.84 % 3,500,648
2007 $21,717,433,800 $32,682,439,460 13.15% $9,508 1.85 % 3,437,490
2006 $18,659,721,500 $28,883,388,489 9.86% $8,558 1.87 % 3,375,024
2005 $16,623,906,700 $26,291,748,117 8.28% $7,936 1.90 % 3,313,026
2004 $15,100,203,400 $24,282,115,702 8.18% $7,469 1.92 % 3,251,155
2003 $13,603,456,000 $22,446,932,329 5.10% $7,037 1.93 % 3,189,807
2002 $12,800,851,300 $21,358,328,178 2.51% $6,825 1.95 % 3,129,344
2001 $12,252,906,300 $20,835,595,644 0.95% $6,788 1.97 % 3,069,537
2000 $11,966,497,000 $20,639,538,981 4.21% $6,856 1.98 % 3,010,369
1999 $11,660,704,800 $19,805,907,259 5.21% $6,710 2.00 % 2,951,822
1998 $11,019,557,700 $18,824,824,096 8.39% $6,505 2.02 % 2,893,914
1997 $10,058,854,400 $17,368,081,133 7.71% $6,123 2.03 % 2,836,695
1996 $9,197,503,300 $16,124,998,545 -5.77% $5,800 2.04 % 2,780,227
1995 $9,573,813,700 $17,111,477,972 1.75% $6,280 2.06 % 2,724,557
1994 $9,365,289,800 $16,816,899,903 2.85% $6,300 2.08 % 2,669,546
1993 $8,782,585,400 $16,350,875,888 5.46% $6,252 2.10 % 2,615,099
Sources:

See also