Gross fixed capital formation in Panama

Panama: Gross fixed capital formation was 24.02 billion constant 2015 US$ in 2024. ◆ Volatile

Latest (2024)
24.02 billion constant 2015 US$
Change on year
up 2.4%
World rank
59th
of 160 countries
All-time high
24.38 billion constant 2015 US$
in 2018
All-time low
2.87 billion constant 2015 US$
in 1996
Years of data
29
1996–2024

Gross fixed capital formation in Panama, 1996–2024

5.0B10.0B15.0B20.0B25.0B1996201020241996: 2.9B constant 2015 US$1997: 3.2B constant 2015 US$1998: 3.7B constant 2015 US$1999: 4.3B constant 2015 US$2000: 4.1B constant 2015 US$2001: 3.1B constant 2015 US$2002: 3.0B constant 2015 US$2003: 3.7B constant 2015 US$2004: 4.1B constant 2015 US$2005: 4.6B constant 2015 US$2006: 5.5B constant 2015 US$2007: 7.9B constant 2015 US$2008: 9.7B constant 2015 US$2009: 9.4B constant 2015 US$2010: 10.6B constant 2015 US$2011: 12.6B constant 2015 US$2012: 15.7B constant 2015 US$2013: 19.0B constant 2015 US$2014: 20.6B constant 2015 US$2015: 21.9B constant 2015 US$2016: 22.3B constant 2015 US$2017: 24.1B constant 2015 US$2018: 24.4B constant 2015 US$2019: 24.0B constant 2015 US$2020: 12.6B constant 2015 US$2021: 16.5B constant 2015 US$2022: 19.9B constant 2015 US$2023: 23.5B constant 2015 US$2024: 24.0B constant 2015 US$

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

Analysis

Panama recorded 24.02 billion constant 2015 US$ for gross fixed capital formation in 2024.

That represents a change of up 2.4% on the previous year and up 16.6% over ten years.

Over the whole period, gross fixed capital formation in Panama peaked at 24.38 billion constant 2015 US$ in 2018 and was at its lowest, 2.87 billion constant 2015 US$, in 1996.

That places Panama 59th out of 160 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 3.51 billion constant 2015 US$ 2.87 billion constant 2015 US$ 4.26 billion constant 2015 US$ 4
2000s 5.51 billion constant 2015 US$ 2.98 billion constant 2015 US$ 9.67 billion constant 2015 US$ 10
2010s 19.52 billion constant 2015 US$ 10.57 billion constant 2015 US$ 24.38 billion constant 2015 US$ 10
2020s 19.27 billion constant 2015 US$ 12.56 billion constant 2015 US$ 24.02 billion constant 2015 US$ 5

Countries ranked near Panama

  1. 56 Oman 25.69 billion constant 2015 US$ compare
  2. 57 Sri Lanka 25.54 billion constant 2015 US$ compare
  3. 58 Dominican Republic 25.24 billion constant 2015 US$ compare
  4. 60 Ukraine 24.00 billion constant 2015 US$ compare
  5. 61 Slovakia 22.89 billion constant 2015 US$ compare
  6. 62 Cote d'Ivoire 22.29 billion constant 2015 US$ compare

See the full ranking of 193 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 24.02 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation recorded in Panama?
The highest recorded value was 24.38 billion constant 2015 US$ in 2018.
What is the lowest gross fixed capital formation recorded in Panama?
The lowest recorded value was 2.87 billion constant 2015 US$ in 1996.
How does Panama rank for gross fixed capital formation?
Panama ranks 59th out of 160 countries with data for 2024.
Is gross fixed capital formation rising or falling in Panama?
Over the last ten years it is up 16.6%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed 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
193 places, 8,101 data points, 1960–2025
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 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.