Gross fixed capital formation in Panama

Panama: Gross fixed capital formation was 2.4% in 2024. ◆ Volatile

Latest (2024)
2.4%
Change on year
down 86.9%
World rank
106th
of 166 countries
All-time high
43.1%
in 2007
All-time low
-47.8%
in 2020
Years of data
28
1997–2024

Gross fixed capital formation in Panama, 1997–2024

-40-20020401997201020241997: 9.9 annual % growth1998: 18 annual % growth1999: 14.3 annual % growth2000: -4.1 annual % growth2001: -23.9 annual % growth2002: -4.3 annual % growth2003: 25 annual % growth2004: 10.5 annual % growth2005: 11 annual % growth2006: 21 annual % growth2007: 43.1 annual % growth2008: 22.4 annual % growth2009: -2.5 annual % growth2010: 12.2 annual % growth2011: 19.2 annual % growth2012: 24.8 annual % growth2013: 20.6 annual % growth2014: 8.6 annual % growth2015: 6.2 annual % growth2016: 2.1 annual % growth2017: 7.9 annual % growth2018: 1.1 annual % growth2019: -1.4 annual % growth2020: -47.8 annual % growth2021: 31.2 annual % growth2022: 20.6 annual % growth2023: 18.2 annual % growth2024: 2.4 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2024, gross fixed capital formation in Panama stood at 2.4%.

Compared with earlier readings it is down 86.9% on the previous year and down 72.3% over ten years.

Over the whole period, gross fixed capital formation in Panama peaked at 43.1% in 2007 and was at its lowest, -47.8%, in 2020.

Panama ranks 106th of 166 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 14.1% 9.9% 18.0% 3
2000s 9.8% -23.9% 43.1% 10
2010s 10.1% -1.4% 24.8% 10
2020s 4.9% -47.8% 31.2% 5

Countries ranked near Panama

  1. 103 Brazil 2.9% compare
  2. 104 Angola 2.6% compare
  3. 105 Czechia 2.4% compare
  4. 107 Slovakia 2.2% compare
  5. 108 Solomon Islands 2.1% compare
  6. 109 Central African Republic 2.1% compare

See the full ranking of 199 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is gross fixed capital formation in Panama?
Gross fixed capital formation in Panama was 2.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Panama?
The highest recorded value was 43.1% in 2007.
What is the lowest gross fixed capital formation recorded in Panama?
The lowest recorded value was -47.8% in 2020.
How does Panama rank for gross fixed capital formation?
Panama ranks 106th out of 166 countries with data for 2024.
Is gross fixed capital formation rising or falling in Panama?
Over the last ten years it is down 72.3%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.