GDP growth in Panama
Panama: GDP growth was 4.4% in 2025. ◆ Volatile
GDP growth in Panama, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Panama recorded 4.4% for gdp growth in 2025.
The figure is up 58.3% on the previous year and down 17.4% over ten years.
Over the whole period, gdp growth in Panama peaked at 16.5% in 2021 and was at its lowest, -17.8%, in 2020.
Panama ranks 71st of 214 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.1% | 4.4% | 10.9% | 9 |
| 1970s | 4.8% | 1.1% | 9.8% | 10 |
| 1980s | 2.1% | -13.4% | 13.1% | 10 |
| 1990s | 6.1% | 1.8% | 9.4% | 10 |
| 2000s | 6.4% | 0.9% | 13.2% | 10 |
| 2010s | 6.1% | 3.1% | 11.9% | 10 |
| 2020s | 4.0% | -17.8% | 16.5% | 6 |
Countries ranked near Panama
More economy & growth data for Panama
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
- Taxes less subsidies on products 2.23 billion current US$ (2025)
- Net primary income (Net income from abroad) -4.39 billion current LCU (2025)
- Net primary income (Net income from abroad) -4.39 billion current US$ (2025)
- GNI per capita 18,830 current LCU (2025)
- GNI per capita, Atlas method 19,140 current US$ (2025)
- GNI 86.07 billion current LCU (2025)
Frequently asked questions
- What is gdp growth in Panama?
- Gdp growth in Panama was 4.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Panama?
- The highest recorded value was 16.5% in 2021.
- What is the lowest gdp growth recorded in Panama?
- The lowest recorded value was -17.8% in 2020.
- How does Panama rank for gdp growth?
- Panama ranks 71st out of 214 countries with data for 2025.
- Is gdp growth rising or falling in Panama?
- Over the last ten years it is down 17.4%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.