Panama vs Papua New Guinea: GDP
GDP over time
- Panama
- Papua New Guinea
How they compare
Panama currently reports 84.75 billion constant LCU against 76.24 billion constant LCU in Papua New Guinea, a difference of 8.51 billion constant LCU.
That makes Panama's figure about 1.1 times Papua New Guinea's.
The two have swapped places 5 times across 66 shared years of data; in 1960 it was Papua New Guinea ahead.
Globally, Panama ranks 138th and Papua New Guinea ranks 140th of 214 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.