Gross domestic savings in Panama
Panama: Gross domestic savings was 33.38 billion current LCU in 2024. ◆ Volatile
Gross domestic savings in Panama, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross domestic savings in Panama stood at 33.38 billion current LCU.
That represents a change of down 1.4% on the previous year and up 69.1% over ten years.
Over the whole period, gross domestic savings in Panama peaked at 33.86 billion current LCU in 2023 and was at its lowest, 107.21 million current LCU, in 1960.
Panama ranks 113th of 187 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 223.12 million current LCU | 107.21 million current LCU | 368.98 million current LCU | 10 |
| 1970s | 695.57 million current LCU | 415.67 million current LCU | 961.98 million current LCU | 10 |
| 1980s | 1.20 billion current LCU | 308.97 million current LCU | 1.87 billion current LCU | 10 |
| 1990s | 2.15 billion current LCU | 1.04 billion current LCU | 3.03 billion current LCU | 10 |
| 2000s | 4.92 billion current LCU | 2.67 billion current LCU | 9.38 billion current LCU | 10 |
| 2010s | 20.16 billion current LCU | 9.66 billion current LCU | 26.77 billion current LCU | 10 |
| 2020s | 27.13 billion current LCU | 15.86 billion current LCU | 33.86 billion current LCU | 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 domestic savings in Panama?
- Gross domestic savings in Panama was 33.38 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Panama?
- The highest recorded value was 33.86 billion current LCU in 2023.
- What is the lowest gross domestic savings recorded in Panama?
- The lowest recorded value was 107.21 million current LCU in 1960.
- How does Panama rank for gross domestic savings?
- Panama ranks 113th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Panama?
- Over the last ten years it is up 69.1%. 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 domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.