Gross capital formation in Panama
Panama: Gross capital formation was -7.1% in 2024. ◆ Volatile
Gross capital formation in Panama, 1997–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, gross capital formation in Panama stood at -7.1%.
Compared with earlier readings it is down 148.6% on the previous year and down 217.6% over ten years.
Over the whole period, gross capital formation in Panama peaked at 48.6% in 2021 and was at its lowest, -48.6%, in 2020.
That places Panama 152nd out of 168 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.4% | 8.2% | 18.1% | 3 |
| 2000s | 8.2% | -21.0% | 38.7% | 10 |
| 2010s | 10.0% | -4.8% | 32.6% | 10 |
| 2020s | 7.1% | -48.6% | 48.6% | 5 |
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 gross capital formation in Panama?
- Gross capital formation in Panama was -7.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Panama?
- The highest recorded value was 48.6% in 2021.
- What is the lowest gross capital formation recorded in Panama?
- The lowest recorded value was -48.6% in 2020.
- How does Panama rank for gross capital formation?
- Panama ranks 152nd out of 168 countries with data for 2024.
- Is gross capital formation rising or falling in Panama?
- Over the last ten years it is down 217.6%. 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 Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.