Gross capital formation in Panama

Panama: Gross capital formation was 27.52 billion constant LCU in 2024. ◆ Volatile

Latest (2024)
27.52 billion constant LCU
Change on year
down 7.1%
World rank
115th
of 169 countries
All-time high
29.64 billion constant LCU
in 2023
All-time low
4.00 billion constant LCU
in 1996
Years of data
29
1996–2024

Gross capital formation in Panama, 1996–2024

010.0B20.0B30.0B1996201020241996: 4.0B constant LCU1997: 4.4B constant LCU1998: 5.2B constant LCU1999: 5.7B constant LCU2000: 5.4B constant LCU2001: 4.5B constant LCU2002: 4.5B constant LCU2003: 5.4B constant LCU2004: 6.4B constant LCU2005: 6.7B constant LCU2006: 7.6B constant LCU2007: 10.6B constant LCU2008: 13.5B constant LCU2009: 10.7B constant LCU2010: 14.2B constant LCU2011: 16.2B constant LCU2012: 20.2B constant LCU2013: 22.3B constant LCU2014: 23.7B constant LCU2015: 25.1B constant LCU2016: 25.0B constant LCU2017: 27.1B constant LCU2018: 27.7B constant LCU2019: 26.4B constant LCU2020: 13.6B constant LCU2021: 20.2B constant LCU2022: 25.8B constant LCU2023: 29.6B constant LCU2024: 27.5B constant LCU

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

Analysis

The most recent figure for gross capital formation in Panama is 27.52 billion constant LCU, measured in 2024.

The figure is 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 29.64 billion constant LCU in 2023 and was at its lowest, 4.00 billion constant LCU, in 1996.

Panama ranks 115th of 169 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

DecadeAverage LowestHighest Years
1990s 4.84 billion constant LCU 4.00 billion constant LCU 5.67 billion constant LCU 4
2000s 7.53 billion constant LCU 4.48 billion constant LCU 13.54 billion constant LCU 10
2010s 22.79 billion constant LCU 14.18 billion constant LCU 27.73 billion constant LCU 10
2020s 23.35 billion constant LCU 13.58 billion constant LCU 29.64 billion constant LCU 5

Countries ranked near Panama

  1. 112 Ghana 31.84 billion constant LCU compare
  2. 113 Gambia 29.77 billion constant LCU compare
  3. 114 Haiti 27.82 billion constant LCU compare
  4. 116 Ecuador 22.28 billion constant LCU compare
  5. 117 Maldives 21.16 billion constant LCU compare
  6. 118 Slovakia 21.08 billion constant LCU compare

See the full ranking of 169 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 27.52 billion constant LCU 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 29.64 billion constant LCU in 2023.
What is the lowest gross capital formation recorded in Panama?
The lowest recorded value was 4.00 billion constant LCU in 1996.
How does Panama rank for gross capital formation?
Panama ranks 115th out of 169 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 LCU). Statizoid updates them automatically from the source API.

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

About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 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 varies by country. This series is expressed in local currency units.