GDP (constant LCU) (UNESCO Institute) in Panama
Panama: GDP (constant LCU) (UNESCO Institute) was 81.29 billion constant LCU in 2024. ◆ Volatile
Latest (2024)
81.29 billion constant LCU
Change on year
up 2.9%
World rank
136th
of 212 countries
All-time high
81.29 billion constant LCU
in 2024
All-time low
7.15 billion constant LCU
in 1970
Years of data
55
1970–2024
GDP in Panama, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
The most recent figure for gdp in Panama is 81.29 billion constant LCU, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 46.1% over ten years.
Over the whole period, gdp in Panama peaked at 81.29 billion constant LCU in 2024 and was at its lowest, 7.15 billion constant LCU, in 1970.
That places Panama 136th out of 212 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 (constant LCU) (UNESCO Institute) in Panama, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 7.15 billion constant LCU | — |
| 1971 | 7.84 billion constant LCU | +9.6% |
| 1972 | 8.20 billion constant LCU | +4.6% |
| 1973 | 8.64 billion constant LCU | +5.4% |
| 1974 | 8.85 billion constant LCU | +2.4% |
| 1975 | 9.01 billion constant LCU | +1.7% |
| 1976 | 9.16 billion constant LCU | +1.7% |
| 1977 | 9.26 billion constant LCU | +1.1% |
| 1978 | 10.16 billion constant LCU | +9.8% |
| 1979 | 10.62 billion constant LCU | +4.5% |
| 1980 | 12.01 billion constant LCU | +13.1% |
| 1981 | 13.12 billion constant LCU | +9.2% |
| 1982 | 13.82 billion constant LCU | +5.3% |
| 1983 | 13.20 billion constant LCU | -4.5% |
| 1984 | 13.55 billion constant LCU | +2.7% |
| 1985 | 14.22 billion constant LCU | +4.9% |
| 1986 | 14.73 billion constant LCU | +3.6% |
| 1987 | 14.47 billion constant LCU | -1.8% |
| 1988 | 12.53 billion constant LCU | -13.4% |
| 1989 | 12.73 billion constant LCU | +1.6% |
| 1990 | 13.76 billion constant LCU | +8.1% |
| 1991 | 15.05 billion constant LCU | +9.4% |
| 1992 | 16.29 billion constant LCU | +8.2% |
| 1993 | 17.18 billion constant LCU | +5.5% |
| 1994 | 17.67 billion constant LCU | +2.8% |
| 1995 | 17.97 billion constant LCU | +1.8% |
| 1996 | 16.94 billion constant LCU | -5.8% |
| 1997 | 18.24 billion constant LCU | +7.7% |
| 1998 | 19.77 billion constant LCU | +8.4% |
| 1999 | 20.81 billion constant LCU | +5.2% |
| 2000 | 21.68 billion constant LCU | +4.2% |
| 2001 | 21.89 billion constant LCU | +0.9% |
| 2002 | 22.44 billion constant LCU | +2.5% |
| 2003 | 23.58 billion constant LCU | +5.1% |
| 2004 | 25.51 billion constant LCU | +8.2% |
| 2005 | 27.62 billion constant LCU | +8.3% |
| 2006 | 30.34 billion constant LCU | +9.9% |
| 2007 | 34.33 billion constant LCU | +13.2% |
| 2008 | 37.83 billion constant LCU | +10.2% |
| 2009 | 38.44 billion constant LCU | +1.6% |
| 2010 | 40.78 billion constant LCU | +6.1% |
| 2011 | 45.63 billion constant LCU | +11.9% |
| 2012 | 50.03 billion constant LCU | +9.6% |
| 2013 | 53.19 billion constant LCU | +6.3% |
| 2014 | 55.65 billion constant LCU | +4.6% |
| 2015 | 58.58 billion constant LCU | +5.3% |
| 2016 | 61.26 billion constant LCU | +4.6% |
| 2017 | 64.78 billion constant LCU | +5.7% |
| 2018 | 67.32 billion constant LCU | +3.9% |
| 2019 | 69.41 billion constant LCU | +3.1% |
| 2020 | 57.04 billion constant LCU | -17.8% |
| 2021 | 66.43 billion constant LCU | +16.5% |
| 2022 | 73.58 billion constant LCU | +10.8% |
| 2023 | 79.03 billion constant LCU | +7.4% |
| 2024 | 81.29 billion constant LCU | +2.9% |
Panama compared with similar countries
- Panama's 81.29 billion constant LCU is below the median for high income countries, which is 153.41 billion constant LCU, 53% of the median. (83 countries reporting)
- Panama's 81.29 billion constant LCU is above the median for Latin America & Caribbean, which is 59.81 billion constant LCU, 1.4× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.89 billion constant LCU | 7.15 billion constant LCU | 10.62 billion constant LCU | 10 |
| 1980s | 13.44 billion constant LCU | 12.01 billion constant LCU | 14.73 billion constant LCU | 10 |
| 1990s | 17.37 billion constant LCU | 13.76 billion constant LCU | 20.81 billion constant LCU | 10 |
| 2000s | 28.37 billion constant LCU | 21.68 billion constant LCU | 38.44 billion constant LCU | 10 |
| 2010s | 56.66 billion constant LCU | 40.78 billion constant LCU | 69.41 billion constant LCU | 10 |
| 2020s | 71.47 billion constant LCU | 57.04 billion constant LCU | 81.29 billion constant LCU | 5 |
Countries ranked near Panama
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)
- Population growth rate -0.197 (2100)
- Population density 79.6 (2100)
- Projected population under age 5 267,694 (2100)
Frequently asked questions
- What is gdp in Panama?
- Gdp in Panama was 81.29 billion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Panama?
- The highest recorded value was 81.29 billion constant LCU in 2024.
- What is the lowest gdp recorded in Panama?
- The lowest recorded value was 7.15 billion constant LCU in 1970.
- How does Panama rank for gdp?
- Panama ranks 136th out of 212 countries with data for 2024.
- Is gdp rising or falling in Panama?
- Over the last ten years it is up 46.1%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release