GDP (current US$), per capita in Panama
Panama: GDP (current US$), per capita was 19,103 current US$ per person in 2024. ◆ Volatile
GDP (current US$), per capita in Panama, 1970–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
The most recent figure for gdp (current us$), per capita in Panama is 19,103 current US$ per person, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.2% on the previous year and up 44.6% over ten years.
Over the whole period, gdp (current us$), per capita in Panama peaked at 19,103 current US$ per person in 2024 and was at its lowest, 892.89 current US$ per person, in 1970.
Panama ranks 74th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), per capita in Panama, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1970 | 892.89 current US$ per person | — |
| 1971 | 979.33 current US$ per person | +9.7% |
| 1972 | 1,046 current US$ per person | +6.8% |
| 1973 | 1,164 current US$ per person | +11.3% |
| 1974 | 1,296 current US$ per person | +11.3% |
| 1975 | 1,406 current US$ per person | +8.4% |
| 1976 | 1,456 current US$ per person | +3.6% |
| 1977 | 1,503 current US$ per person | +3.2% |
| 1978 | 1,738 current US$ per person | +15.6% |
| 1979 | 1,938 current US$ per person | +11.5% |
| 1980 | 2,357 current US$ per person | +21.6% |
| 1981 | 2,605 current US$ per person | +10.5% |
| 1982 | 2,811 current US$ per person | +7.9% |
| 1983 | 2,819 current US$ per person | +0.3% |
| 1984 | 2,875 current US$ per person | +2.0% |
| 1985 | 2,972 current US$ per person | +3.4% |
| 1986 | 3,019 current US$ per person | +1.6% |
| 1987 | 2,966 current US$ per person | -1.8% |
| 1988 | 2,509 current US$ per person | -15.4% |
| 1989 | 2,462 current US$ per person | -1.9% |
| 1990 | 2,620 current US$ per person | +6.4% |
| 1991 | 2,821 current US$ per person | +7.6% |
| 1992 | 3,140 current US$ per person | +11.3% |
| 1993 | 3,358 current US$ per person | +7.0% |
| 1994 | 3,508 current US$ per person | +4.5% |
| 1995 | 3,514 current US$ per person | +0.2% |
| 1996 | 3,308 current US$ per person | -5.9% |
| 1997 | 3,546 current US$ per person | +7.2% |
| 1998 | 3,808 current US$ per person | +7.4% |
| 1999 | 3,950 current US$ per person | +3.7% |
| 2000 | 3,975 current US$ per person | +0.6% |
| 2001 | 3,992 current US$ per person | +0.4% |
| 2002 | 4,091 current US$ per person | +2.5% |
| 2003 | 4,265 current US$ per person | +4.3% |
| 2004 | 4,645 current US$ per person | +8.9% |
| 2005 | 5,018 current US$ per person | +8.0% |
| 2006 | 5,529 current US$ per person | +10.2% |
| 2007 | 6,318 current US$ per person | +14.3% |
| 2008 | 7,348 current US$ per person | +16.3% |
| 2009 | 7,797 current US$ per person | +6.1% |
| 2010 | 8,331 current US$ per person | +6.9% |
| 2011 | 9,662 current US$ per person | +16.0% |
| 2012 | 11,065 current US$ per person | +14.5% |
| 2013 | 12,273 current US$ per person | +10.9% |
| 2014 | 13,213 current US$ per person | +7.7% |
| 2015 | 14,083 current US$ per person | +6.6% |
| 2016 | 14,832 current US$ per person | +5.3% |
| 2017 | 15,695 current US$ per person | +5.8% |
| 2018 | 16,151 current US$ per person | +2.9% |
| 2019 | 16,478 current US$ per person | +2.0% |
| 2020 | 13,291 current US$ per person | -19.3% |
| 2021 | 15,510 current US$ per person | +16.7% |
| 2022 | 17,332 current US$ per person | +11.8% |
| 2023 | 18,686 current US$ per person | +7.8% |
| 2024 | 19,103 current US$ per person | +2.2% |
Panama compared with similar countries
- Panama's 19,103 current US$ per person is below the median for high income countries, which is 36,873 current US$ per person, 52% of the median. (82 countries reporting)
- Panama's 19,103 current US$ per person is above the median for Latin America & Caribbean, which is 14,008 current US$ per person, 1.4× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,342 current US$ per person | 892.89 current US$ per person | 1,938 current US$ per person | 10 |
| 1980s | 2,740 current US$ per person | 2,357 current US$ per person | 3,019 current US$ per person | 10 |
| 1990s | 3,357 current US$ per person | 2,620 current US$ per person | 3,950 current US$ per person | 10 |
| 2000s | 5,298 current US$ per person | 3,975 current US$ per person | 7,797 current US$ per person | 10 |
| 2010s | 13,178 current US$ per person | 8,331 current US$ per person | 16,478 current US$ per person | 10 |
| 2020s | 16,784 current US$ per person | 13,291 current US$ per person | 19,103 current US$ per person | 5 |
Countries ranked near Panama
- 71 Oman 20,248 current US$ per person compare
- 72 Romania 20,091 current US$ per person compare
- 73 Trinidad and Tobago 19,315 current US$ per person compare
- 75 Costa Rica 18,587 current US$ per person compare
- 76 American Samoa 18,018 current US$ per person compare
- 77 Seychelles 17,859 current US$ per person 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 (current us$), per capita in Panama?
- Gdp (current us$), per capita in Panama was 19,103 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), per capita recorded in Panama?
- The highest recorded value was 19,103 current US$ per person in 2024.
- What is the lowest gdp (current us$), per capita recorded in Panama?
- The lowest recorded value was 892.89 current US$ per person in 1970.
- How does Panama rank for gdp (current us$), per capita?
- Panama ranks 74th out of 211 countries with data for 2024.
- Is gdp (current us$), per capita rising or falling in Panama?
- Over the last ten years it is up 44.6%. 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 (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current US$) ÷ Population, total
Computed from
- GDP UNESCO Institute for Statistics
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.