Gross capital formation in Panama

Panama: Gross capital formation was 25.84 billion constant 2015 US$ in 2024. ◆ Volatile

Latest (2024)
25.84 billion constant 2015 US$
Change on year
down 7.1%
World rank
56th
of 162 countries
All-time high
27.82 billion constant 2015 US$
in 2023
All-time low
3.75 billion constant 2015 US$
in 1996
Years of data
29
1996–2024

Gross capital formation in Panama, 1996–2024

5.0B10.0B15.0B20.0B25.0B30.0B1996201020241996: 3.8B constant 2015 US$1997: 4.2B constant 2015 US$1998: 4.9B constant 2015 US$1999: 5.3B constant 2015 US$2000: 5.1B constant 2015 US$2001: 4.2B constant 2015 US$2002: 4.2B constant 2015 US$2003: 5.1B constant 2015 US$2004: 6.0B constant 2015 US$2005: 6.3B constant 2015 US$2006: 7.2B constant 2015 US$2007: 9.9B constant 2015 US$2008: 12.7B constant 2015 US$2009: 10.0B constant 2015 US$2010: 13.3B constant 2015 US$2011: 15.2B constant 2015 US$2012: 19.0B constant 2015 US$2013: 20.9B constant 2015 US$2014: 22.2B constant 2015 US$2015: 23.6B constant 2015 US$2016: 23.5B constant 2015 US$2017: 25.5B constant 2015 US$2018: 26.0B constant 2015 US$2019: 24.8B constant 2015 US$2020: 12.7B constant 2015 US$2021: 18.9B constant 2015 US$2022: 24.3B constant 2015 US$2023: 27.8B constant 2015 US$2024: 25.8B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

The most recent figure for gross capital formation in Panama is 25.84 billion constant 2015 US$, measured in 2024.

That represents a change of down 7.1% on the previous year and up 16.3% over ten years.

Over the whole period, gross capital formation in Panama peaked at 27.82 billion constant 2015 US$ in 2023 and was at its lowest, 3.75 billion constant 2015 US$, in 1996.

That places Panama 56th out of 162 countries with data for 2024, 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

DecadeAverage LowestHighest Years
1990s 4.54 billion constant 2015 US$ 3.75 billion constant 2015 US$ 5.32 billion constant 2015 US$ 4
2000s 7.07 billion constant 2015 US$ 4.20 billion constant 2015 US$ 12.71 billion constant 2015 US$ 10
2010s 21.40 billion constant 2015 US$ 13.32 billion constant 2015 US$ 26.04 billion constant 2015 US$ 10
2020s 21.92 billion constant 2015 US$ 12.75 billion constant 2015 US$ 27.82 billion constant 2015 US$ 5

Countries ranked near Panama

  1. 53 Hungary 32.90 billion constant 2015 US$ compare
  2. 54 Dominican Republic 28.06 billion constant 2015 US$ compare
  3. 55 Ukraine 26.30 billion constant 2015 US$ compare
  4. 57 Ecuador 24.60 billion constant 2015 US$ compare
  5. 58 Sri Lanka 24.41 billion constant 2015 US$ compare
  6. 59 Oman 24.00 billion constant 2015 US$ compare

See the full ranking of 202 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is gross capital formation in Panama?
Gross capital formation in Panama was 25.84 billion constant 2015 US$ 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 27.82 billion constant 2015 US$ in 2023.
What is the lowest gross capital formation recorded in Panama?
The lowest recorded value was 3.75 billion constant 2015 US$ in 1996.
How does Panama rank for gross capital formation?
Panama ranks 56th out of 162 countries with data for 2024.
Is gross capital formation rising or falling in Panama?
Over the last ten years it is up 16.3%. 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 (constant 2015 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,378 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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 is 2015. This indicator is expressed in United States dollars.