What is gdp per capita in Panama?

Gdp per capita in Panama was 36,935 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

What is the highest gdp per capita recorded in Panama?

The highest recorded value was 36,935 international-$ in 2021 prices in 2023.

What is the lowest gdp per capita recorded in Panama?

The lowest recorded value was 2,326 international-$ in 2021 prices in 1951.

How does Panama rank for gdp per capita?

Panama ranks 48th out of 184 countries with data for 2023.

Is gdp per capita rising or falling in Panama?

Over the last ten years it is up 49.8%. The long-run trend across the full record is volatile.

Where does this Panama data come from?

The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

GDP per capita in Panama

Name: GDP per capita in Panama
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Panama: GDP per capita was 36,935 international-$ in 2021 prices in 2023. ◆ Volatile

Latest (2023)

36,935 international-$ in 2021 prices

Change on year

up 5.1%

World rank

48th

of 184 countries

All-time high

36,935 international-$ in 2021 prices

in 2023

All-time low

2,326 international-$ in 2021 prices

in 1951

Years of data

1950–2023

GDP per capita in Panama, 1950–2023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

In 2023, gdp per capita in Panama stood at 36,935 international-$ in 2021 prices. That is the highest value across all 74 years on record.

Compared with earlier readings it is up 5.1% on the previous year and up 49.8% over ten years.

Over the whole period, gdp per capita in Panama peaked at 36,935 international-$ in 2021 prices in 2023 and was at its lowest, 2,326 international-$ in 2021 prices, in 1951.

That places Panama 48th out of 184 countries with data for 2023, 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

Decade	Average	Lowest	Highest	Years
1950s	2,711 international-$ in 2021 prices	2,326 international-$ in 2021 prices	3,104 international-$ in 2021 prices	10
1960s	4,101 international-$ in 2021 prices	3,208 international-$ in 2021 prices	5,081 international-$ in 2021 prices	10
1970s	6,656 international-$ in 2021 prices	5,892 international-$ in 2021 prices	7,015 international-$ in 2021 prices	10
1980s	7,806 international-$ in 2021 prices	7,331 international-$ in 2021 prices	8,506 international-$ in 2021 prices	10
1990s	9,260 international-$ in 2021 prices	7,747 international-$ in 2021 prices	10,748 international-$ in 2021 prices	10
2000s	13,954 international-$ in 2021 prices	11,136 international-$ in 2021 prices	16,931 international-$ in 2021 prices	10
2010s	27,760 international-$ in 2021 prices	18,333 international-$ in 2021 prices	34,879 international-$ in 2021 prices	10
2020s	32,863 international-$ in 2021 prices	28,022 international-$ in 2021 prices	36,935 international-$ in 2021 prices	4

Countries ranked near Panama

45 Russia 39,227 international-$ in 2021 prices compare
46 Poland 39,206 international-$ in 2021 prices compare
47 Estonia 37,454 international-$ in 2021 prices compare
49 Portugal 36,633 international-$ in 2021 prices compare
50 Croatia 36,543 international-$ in 2021 prices compare
51 Turkey 35,774 international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Panama

Gross national expenditure 95.0% (2024)
Industry (including construction), value added 20.48 billion constant LCU (2025)
Final consumption expenditure 61.4% (2024)
Industry (including construction), value added 2.5% (2025)
Gross national expenditure 82.16 billion current US$ (2024)
Gross national expenditure 82.16 billion current LCU (2024)
Gross national expenditure 73.59 billion constant 2015 US$ (2024)
Industry (including construction), value added 18.61 billion constant 2015 US$ (2025)
Exports of goods and services 44.4% (2024)
Industry (including construction), value added 22.53 billion current LCU (2025)

All data for Panama →

Frequently asked questions

What is gdp per capita in Panama?: Gdp per capita in Panama was 36,935 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gdp per capita recorded in Panama?: The highest recorded value was 36,935 international-$ in 2021 prices in 2023.
What is the lowest gdp per capita recorded in Panama?: The lowest recorded value was 2,326 international-$ in 2021 prices in 1951.
How does Panama rank for gdp per capita?: Panama ranks 48th out of 184 countries with data for 2023.
Is gdp per capita rising or falling in Panama?: Over the last ten years it is up 49.8%. The long-run trend across the full record is volatile.
Where does this Panama data come from?: The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator: GDP per capita
Unit: international-$ in 2021 prices
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 184 places, 10,907 data points, 1950–2023
Last refreshed: 06 August 2026

Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.