GDP in Panama

Panama: GDP was 86.26 billion current US$ in 2024. β—† Volatile

Latest (2024)
86.26 billion current US$
Change on year
up 3.5%
World rank
77th
of 208 countries
All-time high
86.26 billion current US$
in 2024
All-time low
1.35 billion current US$
in 1970
Years of data
55
1970–2024

GDP in Panama, 1970–2024

020.0B40.0B60.0B80.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

In 2024, gdp in Panama stood at 86.26 billion current US$. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 3.5% on the previous year and up 67.7% over ten years.

Over the whole period, gdp in Panama peaked at 86.26 billion current US$ in 2024 and was at its lowest, 1.35 billion current US$, in 1970.

That places Panama 77th 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.34 billion current US$ 1.35 billion current US$ 3.70 billion current US$ 10
1980s 5.97 billion current US$ 4.61 billion current US$ 6.83 billion current US$ 10
1990s 9.12 billion current US$ 6.43 billion current US$ 11.66 billion current US$ 10
2000s 17.62 billion current US$ 11.97 billion current US$ 27.79 billion current US$ 10
2010s 52.28 billion current US$ 30.23 billion current US$ 69.78 billion current US$ 10
2020s 74.06 billion current US$ 57.06 billion current US$ 86.26 billion current US$ 5

Countries ranked near Panama

  1. 74 Croatia 92.53 billion current US$ compare
  2. 75 Serbia 89.08 billion current US$ compare
  3. 76 Cote d'Ivoire 86.54 billion current US$ compare
  4. 78 Lithuania 84.87 billion current US$ compare
  5. 79 Ghana 82.83 billion current US$ compare
  6. 80 Uruguay 80.96 billion current US$ compare

See the full ranking of 211 places β†’

More population data for Panama

All data for Panama β†’

Frequently asked questions

What is gdp in Panama?
Gdp in Panama was 86.26 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Panama?
The highest recorded value was 86.26 billion current US$ in 2024.
What is the lowest gdp recorded in Panama?
The lowest recorded value was 1.35 billion current US$ in 1970.
How does Panama rank for gdp?
Panama ranks 77th out of 208 countries with data for 2024.
Is gdp rising or falling in Panama?
Over the last ten years it is up 67.7%. 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 (current US$). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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GDP in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-current-us-2/panama/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release