GDP per capita (current LCU) (UNESCO Institute) in Panama
Panama: GDP per capita (current LCU) (UNESCO Institute) was 19,103 current LCU in 2024. ◆ Volatile
Latest (2024)
19,103 current LCU
Change on year
up 2.2%
World rank
182nd
of 211 countries
All-time high
19,103 current LCU
in 2024
All-time low
892.89 current LCU
in 1970
Years of data
55
1970–2024
GDP per capita in Panama, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
Panama recorded 19,103 current LCU for gdp per capita 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 per capita in Panama peaked at 19,103 current LCU in 2024 and was at its lowest, 892.89 current LCU, in 1970.
Panama ranks 182nd of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita (current LCU) (UNESCO Institute) in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 892.89 current LCU | — |
| 1971 | 979.33 current LCU | +9.7% |
| 1972 | 1,046 current LCU | +6.8% |
| 1973 | 1,164 current LCU | +11.3% |
| 1974 | 1,296 current LCU | +11.3% |
| 1975 | 1,406 current LCU | +8.4% |
| 1976 | 1,456 current LCU | +3.6% |
| 1977 | 1,503 current LCU | +3.2% |
| 1978 | 1,738 current LCU | +15.6% |
| 1979 | 1,938 current LCU | +11.5% |
| 1980 | 2,357 current LCU | +21.6% |
| 1981 | 2,605 current LCU | +10.5% |
| 1982 | 2,811 current LCU | +7.9% |
| 1983 | 2,819 current LCU | +0.3% |
| 1984 | 2,875 current LCU | +2.0% |
| 1985 | 2,972 current LCU | +3.4% |
| 1986 | 3,019 current LCU | +1.6% |
| 1987 | 2,966 current LCU | -1.8% |
| 1988 | 2,509 current LCU | -15.4% |
| 1989 | 2,462 current LCU | -1.9% |
| 1990 | 2,620 current LCU | +6.4% |
| 1991 | 2,821 current LCU | +7.6% |
| 1992 | 3,140 current LCU | +11.3% |
| 1993 | 3,358 current LCU | +7.0% |
| 1994 | 3,508 current LCU | +4.5% |
| 1995 | 3,514 current LCU | +0.2% |
| 1996 | 3,308 current LCU | -5.9% |
| 1997 | 3,546 current LCU | +7.2% |
| 1998 | 3,808 current LCU | +7.4% |
| 1999 | 3,950 current LCU | +3.7% |
| 2000 | 3,975 current LCU | +0.6% |
| 2001 | 3,992 current LCU | +0.4% |
| 2002 | 4,091 current LCU | +2.5% |
| 2003 | 4,265 current LCU | +4.3% |
| 2004 | 4,645 current LCU | +8.9% |
| 2005 | 5,018 current LCU | +8.0% |
| 2006 | 5,529 current LCU | +10.2% |
| 2007 | 6,318 current LCU | +14.3% |
| 2008 | 7,348 current LCU | +16.3% |
| 2009 | 7,797 current LCU | +6.1% |
| 2010 | 8,331 current LCU | +6.9% |
| 2011 | 9,662 current LCU | +16.0% |
| 2012 | 11,065 current LCU | +14.5% |
| 2013 | 12,273 current LCU | +10.9% |
| 2014 | 13,213 current LCU | +7.7% |
| 2015 | 14,083 current LCU | +6.6% |
| 2016 | 14,832 current LCU | +5.3% |
| 2017 | 15,695 current LCU | +5.8% |
| 2018 | 16,151 current LCU | +2.9% |
| 2019 | 16,478 current LCU | +2.0% |
| 2020 | 13,291 current LCU | -19.3% |
| 2021 | 15,510 current LCU | +16.7% |
| 2022 | 17,332 current LCU | +11.8% |
| 2023 | 18,686 current LCU | +7.8% |
| 2024 | 19,103 current LCU | +2.2% |
Panama compared with similar countries
- Panama's 19,103 current LCU is below the median for high income countries, which is 67,855 current LCU, 28% of the median. (82 countries reporting)
- Panama's 19,103 current LCU is below the median for Latin America & Caribbean, which is 62,771 current LCU, 30% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,342 current LCU | 892.89 current LCU | 1,938 current LCU | 10 |
| 1980s | 2,740 current LCU | 2,357 current LCU | 3,019 current LCU | 10 |
| 1990s | 3,357 current LCU | 2,620 current LCU | 3,950 current LCU | 10 |
| 2000s | 5,298 current LCU | 3,975 current LCU | 7,797 current LCU | 10 |
| 2010s | 13,178 current LCU | 8,331 current LCU | 16,478 current LCU | 10 |
| 2020s | 16,784 current LCU | 13,291 current LCU | 19,103 current LCU | 5 |
Countries ranked near Panama
- 179 Latvia 21,589 current LCU compare
- 180 Nauru 20,473 current LCU compare
- 181 Sierra Leone 19,727 current LCU compare
- 183 Solomon Islands 18,173 current LCU compare
- 184 American Samoa 18,018 current LCU compare
- 185 Lesotho 17,812 current LCU 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)
- 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 per capita in Panama?
- Gdp per capita in Panama was 19,103 current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita recorded in Panama?
- The highest recorded value was 19,103 current LCU in 2024.
- What is the lowest gdp per capita recorded in Panama?
- The lowest recorded value was 892.89 current LCU in 1970.
- How does Panama rank for gdp per capita?
- Panama ranks 182nd out of 211 countries with data for 2024.
- Is gdp 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 UNESCO Institute for Statistics, published as part of GDP per capita (current 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