Gross fixed capital formation in Panama

Panama: Gross fixed capital formation was 25.65 billion constant LCU in 2024. ◆ Volatile

Latest (2024)
25.65 billion constant LCU
Change on year
up 2.4%
World rank
117th
of 167 countries
All-time high
26.03 billion constant LCU
in 2018
All-time low
3.07 billion constant LCU
in 1996
Years of data
29
1996–2024

Gross fixed capital formation in Panama, 1996–2024

5.0B10.0B15.0B20.0B25.0B1996201020241996: 3.1B constant LCU1997: 3.4B constant LCU1998: 4.0B constant LCU1999: 4.5B constant LCU2000: 4.4B constant LCU2001: 3.3B constant LCU2002: 3.2B constant LCU2003: 4.0B constant LCU2004: 4.4B constant LCU2005: 4.9B constant LCU2006: 5.9B constant LCU2007: 8.4B constant LCU2008: 10.3B constant LCU2009: 10.1B constant LCU2010: 11.3B constant LCU2011: 13.5B constant LCU2012: 16.8B constant LCU2013: 20.3B constant LCU2014: 22.0B constant LCU2015: 23.4B constant LCU2016: 23.9B constant LCU2017: 25.7B constant LCU2018: 26.0B constant LCU2019: 25.7B constant LCU2020: 13.4B constant LCU2021: 17.6B constant LCU2022: 21.2B constant LCU2023: 25.1B constant LCU2024: 25.6B constant LCU

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

Analysis

In 2024, gross fixed capital formation in Panama stood at 25.65 billion constant LCU.

Compared with earlier readings it is 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 26.03 billion constant LCU in 2018 and was at its lowest, 3.07 billion constant LCU, in 1996.

Panama ranks 117th of 167 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 3.74 billion constant LCU 3.07 billion constant LCU 4.55 billion constant LCU 4
2000s 5.88 billion constant LCU 3.18 billion constant LCU 10.32 billion constant LCU 10
2010s 20.85 billion constant LCU 11.29 billion constant LCU 26.03 billion constant LCU 10
2020s 20.58 billion constant LCU 13.41 billion constant LCU 25.65 billion constant LCU 5

Countries ranked near Panama

  1. 114 Ghana 31.03 billion constant LCU compare
  2. 115 Gambia 29.77 billion constant LCU compare
  3. 116 Haiti 27.82 billion constant LCU compare
  4. 118 Maldives 22.22 billion constant LCU compare
  5. 119 Ecuador 22.18 billion constant LCU compare
  6. 120 Slovakia 22.10 billion constant LCU compare

See the full ranking of 167 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 25.65 billion constant LCU 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 26.03 billion constant LCU in 2018.
What is the lowest gross fixed capital formation recorded in Panama?
The lowest recorded value was 3.07 billion constant LCU in 1996.
How does Panama rank for gross fixed capital formation?
Panama ranks 117th out of 167 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 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 fixed 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
167 places, 6,948 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 varies by country. This series is expressed in local currency units.