Gross capital formation in Panama
Panama: Gross capital formation was 29.01 billion current US$ in 2024. ◆ Volatile
Gross capital formation in Panama, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross capital formation in Panama is 29.01 billion current US$, measured in 2024.
That represents a change of down 7.7% on the previous year and up 29.5% over ten years.
Over the whole period, gross capital formation in Panama peaked at 31.42 billion current US$ in 2023 and was at its lowest, 114.49 million current US$, in 1960.
That places Panama 63rd out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 223.35 million current US$ | 114.49 million current US$ | 375.38 million current US$ | 10 |
| 1970s | 849.75 million current US$ | 465.21 million current US$ | 1.29 billion current US$ | 10 |
| 1980s | 1.32 billion current US$ | 457.60 million current US$ | 1.95 billion current US$ | 10 |
| 1990s | 2.68 billion current US$ | 1.36 billion current US$ | 3.64 billion current US$ | 10 |
| 2000s | 5.32 billion current US$ | 2.71 billion current US$ | 10.65 billion current US$ | 10 |
| 2010s | 21.36 billion current US$ | 11.29 billion current US$ | 27.73 billion current US$ | 10 |
| 2020s | 24.52 billion current US$ | 13.67 billion current US$ | 31.42 billion current US$ | 5 |
Countries ranked near Panama
- 60 Sri Lanka 32.26 billion current US$ compare
- 61 Dominican Republic 31.47 billion current US$ compare
- 62 Slovakia 31.04 billion current US$ compare
- 64 Democratic Republic of Congo 28.81 billion current US$ compare
- 65 Bulgaria 28.40 billion current US$ compare
- 66 Ecuador 27.29 billion current US$ compare
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 29.01 billion current 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 31.42 billion current US$ in 2023.
- What is the lowest gross capital formation recorded in Panama?
- The lowest recorded value was 114.49 million current US$ in 1960.
- How does Panama rank for gross capital formation?
- Panama ranks 63rd out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in Panama?
- Over the last ten years it is up 29.5%. 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 (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.