Panama vs Papua New Guinea: GDP

Panama
81.29 billion constant LCU
in 2024
Papua New Guinea
72.32 billion constant LCU
in 2024
Panama rank
134th
Papua New Guinea rank
137th

GDP over time

  • Panama
  • Papua New Guinea
020.0B40.0B60.0B80.0B197019972024

How they compare

Panama currently reports 81.29 billion constant LCU against 72.32 billion constant LCU in Papua New Guinea, a difference of 8.97 billion constant LCU.

That makes Panama's figure about 1.1 times Papua New Guinea's.

The two have swapped places 5 times across 55 shared years of data; in 1970 it was Papua New Guinea ahead.

Panama ranks 134th and Papua New Guinea ranks 137th of 209 countries.

Across the 6 decades both report, Panama averaged higher in 2 and Papua New Guinea in 4.

Head to head by decade

Decade Panama Papua New Guinea Difference Ahead
1970s 8.89 billion constant LCU 15.92 billion constant LCU 7.03 billion constant LCU Papua New Guinea
1980s 13.44 billion constant LCU 18.61 billion constant LCU 5.17 billion constant LCU Papua New Guinea
1990s 17.37 billion constant LCU 27.67 billion constant LCU 10.30 billion constant LCU Papua New Guinea
2000s 28.37 billion constant LCU 32.86 billion constant LCU 4.49 billion constant LCU Papua New Guinea
2010s 56.66 billion constant LCU 54.56 billion constant LCU 2.10 billion constant LCU Panama
2020s 71.47 billion constant LCU 67.13 billion constant LCU 4.34 billion constant LCU Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Panama or Papua New Guinea?
Panama, at 81.29 billion constant LCU against 72.32 billion constant LCU in Papua New Guinea as of 2024.
What is the difference in gdp between Panama and Papua New Guinea?
8.97 billion constant LCU, with Panama ahead.
How many years of comparable data are there for Panama and Papua New Guinea?
55 years are reported by both, from 1970 to 2024.
How do Panama and Papua New Guinea rank globally for gdp?
Panama ranks 134th and Papua New Guinea ranks 137th of 209 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Papua New Guinea: GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/compare/gdp-constant-lcu-2/panama/papua-new-guinea/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release