GDP at market prices (constant 2010 US$), per unit of GDP in Panama
Panama: GDP at market prices (constant 2010 US$), per unit of GDP was 0.8944 constant 2010 US$ per US$ of GDP in 2024. ◆ Volatile
GDP at market prices (constant 2010 US$), per unit of GDP in Panama, 1970–2024
Source: Statizoid (derived). Measured in constant 2010 US$ per US$ of GDP.
Analysis
In 2024, gdp at market prices (constant 2010 us$), per unit of gdp in Panama stood at 0.8944 constant 2010 US$ per US$ of GDP. That is the lowest value across all 55 years on record.
That represents a change of down 0.4% on the previous year and down 13.2% over ten years.
Over the whole period, gdp at market prices (constant 2010 us$), per unit of gdp in Panama peaked at 5.04 constant 2010 US$ per US$ of GDP in 1970 and was at its lowest, 0.8944 constant 2010 US$ per US$ of GDP, in 2024.
That places Panama 59th out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices (constant 2010 US$), per unit of GDP in Panama, year by year
| Year | constant 2010 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 5.04 constant 2010 US$ per US$ of GDP | — |
| 1971 | 4.9 constant 2010 US$ per US$ of GDP | -2.8% |
| 1972 | 4.66 constant 2010 US$ per US$ of GDP | -4.8% |
| 1973 | 4.3 constant 2010 US$ per US$ of GDP | -7.9% |
| 1974 | 3.85 constant 2010 US$ per US$ of GDP | -10.4% |
| 1975 | 3.52 constant 2010 US$ per US$ of GDP | -8.6% |
| 1976 | 3.37 constant 2010 US$ per US$ of GDP | -4.3% |
| 1977 | 3.22 constant 2010 US$ per US$ of GDP | -4.4% |
| 1978 | 2.98 constant 2010 US$ per US$ of GDP | -7.3% |
| 1979 | 2.73 constant 2010 US$ per US$ of GDP | -8.5% |
| 1980 | 2.48 constant 2010 US$ per US$ of GDP | -9.2% |
| 1981 | 2.39 constant 2010 US$ per US$ of GDP | -3.5% |
| 1982 | 2.28 constant 2010 US$ per US$ of GDP | -4.6% |
| 1983 | 2.12 constant 2010 US$ per US$ of GDP | -7.0% |
| 1984 | 2.09 constant 2010 US$ per US$ of GDP | -1.6% |
| 1985 | 2.07 constant 2010 US$ per US$ of GDP | -0.8% |
| 1986 | 2.06 constant 2010 US$ per US$ of GDP | -0.3% |
| 1987 | 2.02 constant 2010 US$ per US$ of GDP | -2.2% |
| 1988 | 2.02 constant 2010 US$ per US$ of GDP | +0.2% |
| 1989 | 2.05 constant 2010 US$ per US$ of GDP | +1.3% |
| 1990 | 2.04 constant 2010 US$ per US$ of GDP | -0.6% |
| 1991 | 2.03 constant 2010 US$ per US$ of GDP | -0.5% |
| 1992 | 1.93 constant 2010 US$ per US$ of GDP | -4.8% |
| 1993 | 1.86 constant 2010 US$ per US$ of GDP | -3.4% |
| 1994 | 1.8 constant 2010 US$ per US$ of GDP | -3.5% |
| 1995 | 1.79 constant 2010 US$ per US$ of GDP | -0.5% |
| 1996 | 1.75 constant 2010 US$ per US$ of GDP | -1.9% |
| 1997 | 1.73 constant 2010 US$ per US$ of GDP | -1.5% |
| 1998 | 1.71 constant 2010 US$ per US$ of GDP | -1.1% |
| 1999 | 1.7 constant 2010 US$ per US$ of GDP | -0.6% |
| 2000 | 1.72 constant 2010 US$ per US$ of GDP | +1.5% |
| 2001 | 1.7 constant 2010 US$ per US$ of GDP | -1.4% |
| 2002 | 1.67 constant 2010 US$ per US$ of GDP | -1.9% |
| 2003 | 1.65 constant 2010 US$ per US$ of GDP | -1.1% |
| 2004 | 1.61 constant 2010 US$ per US$ of GDP | -2.5% |
| 2005 | 1.58 constant 2010 US$ per US$ of GDP | -1.6% |
| 2006 | 1.55 constant 2010 US$ per US$ of GDP | -2.1% |
| 2007 | 1.5 constant 2010 US$ per US$ of GDP | -2.8% |
| 2008 | 1.4 constant 2010 US$ per US$ of GDP | -7.0% |
| 2009 | 1.32 constant 2010 US$ per US$ of GDP | -6.0% |
| 2010 | 1.28 constant 2010 US$ per US$ of GDP | -2.5% |
| 2011 | 1.22 constant 2010 US$ per US$ of GDP | -5.2% |
| 2012 | 1.14 constant 2010 US$ per US$ of GDP | -5.9% |
| 2013 | 1.08 constant 2010 US$ per US$ of GDP | -5.8% |
| 2014 | 1.03 constant 2010 US$ per US$ of GDP | -4.5% |
| 2015 | 1 constant 2010 US$ per US$ of GDP | -2.9% |
| 2016 | 0.9758 constant 2010 US$ per US$ of GDP | -2.4% |
| 2017 | 0.9586 constant 2010 US$ per US$ of GDP | -1.8% |
| 2018 | 0.952 constant 2010 US$ per US$ of GDP | -0.7% |
| 2019 | 0.9469 constant 2010 US$ per US$ of GDP | -0.5% |
| 2020 | 0.9516 constant 2010 US$ per US$ of GDP | +0.5% |
| 2021 | 0.9383 constant 2010 US$ per US$ of GDP | -1.4% |
| 2022 | 0.9159 constant 2010 US$ per US$ of GDP | -2.4% |
| 2023 | 0.8976 constant 2010 US$ per US$ of GDP | -2.0% |
| 2024 | 0.8944 constant 2010 US$ per US$ of GDP | -0.4% |
Panama compared with similar countries
- Panama's 0.8944 constant 2010 US$ per US$ of GDP is above the median for high income countries, which is 0.8229 constant 2010 US$ per US$ of GDP, 1.1× the median. (80 countries reporting)
- Panama's 0.8944 constant 2010 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.8332 constant 2010 US$ per US$ of GDP, 1.1× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.86 constant 2010 US$ per US$ of GDP | 2.73 constant 2010 US$ per US$ of GDP | 5.04 constant 2010 US$ per US$ of GDP | 10 |
| 1980s | 2.16 constant 2010 US$ per US$ of GDP | 2.02 constant 2010 US$ per US$ of GDP | 2.48 constant 2010 US$ per US$ of GDP | 10 |
| 1990s | 1.83 constant 2010 US$ per US$ of GDP | 1.7 constant 2010 US$ per US$ of GDP | 2.04 constant 2010 US$ per US$ of GDP | 10 |
| 2000s | 1.57 constant 2010 US$ per US$ of GDP | 1.32 constant 2010 US$ per US$ of GDP | 1.72 constant 2010 US$ per US$ of GDP | 10 |
| 2010s | 1.06 constant 2010 US$ per US$ of GDP | 0.9469 constant 2010 US$ per US$ of GDP | 1.28 constant 2010 US$ per US$ of GDP | 10 |
| 2020s | 0.9196 constant 2010 US$ per US$ of GDP | 0.8944 constant 2010 US$ per US$ of GDP | 0.9516 constant 2010 US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 56 Seychelles 0.9032 constant 2010 US$ per US$ of GDP compare
- 57 Ghana 0.8968 constant 2010 US$ per US$ of GDP compare
- 58 Namibia 0.8962 constant 2010 US$ per US$ of GDP compare
- 60 Maldives 0.894 constant 2010 US$ per US$ of GDP compare
- 61 Aruba 0.8934 constant 2010 US$ per US$ of GDP compare
- 62 Brunei 0.893 constant 2010 US$ per US$ of GDP compare
More population data for Panama
- Population regions with projections, annual growth rate -0.192 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -2.53 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.192 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.1369 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,736 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.11 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.4333 % change on previous year (2100)
- World population growth -0.2% (2100)
- Population density 79.6 people per km² (2100)
- Number of children under 5, by world region 267,694 people (2100)
Frequently asked questions
- What is gdp at market prices (constant 2010 us$), per unit of gdp in Panama?
- Gdp at market prices (constant 2010 us$), per unit of gdp in Panama was 0.8944 constant 2010 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Panama?
- The highest recorded value was 5.04 constant 2010 US$ per US$ of GDP in 1970.
- What is the lowest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.8944 constant 2010 US$ per US$ of GDP in 2024.
- How does Panama rank for gdp at market prices (constant 2010 us$), per unit of gdp?
- Panama ranks 59th out of 208 countries with data for 2024.
- Is gdp at market prices (constant 2010 us$), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 13.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP at market prices (constant 2010 US$) ÷ GDP (current US$)
Computed from
- GDP at market prices UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.