Gross fixed capital formation in Panama

Panama: Gross fixed capital formation was 27.17 billion current LCU in 2024. ◆ Volatile

Latest (2024)
27.17 billion current LCU
Change on year
up 1.5%
World rank
134th
of 180 countries
All-time high
27.17 billion current LCU
in 2024
All-time low
68.95 million current LCU
in 1960
Years of data
65
1960–2024

Gross fixed capital formation in Panama, 1960–2024

010.0B20.0B30.0B196019922024

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

Analysis

In 2024, gross fixed capital formation in Panama stood at 27.17 billion current LCU. That is the highest value across all 65 years on record.

That represents a change of up 1.5% on the previous year and up 31.4% over ten years.

Over the whole period, gross fixed capital formation in Panama peaked at 27.17 billion current LCU in 2024 and was at its lowest, 68.95 million current LCU, in 1960.

That places Panama 134th out of 180 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
1960s 132.54 million current LCU 68.95 million current LCU 224.93 million current LCU 10
1970s 514.04 million current LCU 286.58 million current LCU 723.51 million current LCU 10
1980s 922.51 million current LCU 343.93 million current LCU 1.31 billion current LCU 10
1990s 1.79 billion current LCU 490.72 million current LCU 2.70 billion current LCU 10
2000s 4.10 billion current LCU 1.90 billion current LCU 7.96 billion current LCU 10
2010s 19.50 billion current LCU 8.81 billion current LCU 26.03 billion current LCU 10
2020s 21.71 billion current LCU 13.50 billion current LCU 27.17 billion current LCU 5

Countries ranked near Panama

  1. 131 Libya 36.42 billion current LCU compare
  2. 132 Trinidad and Tobago 32.09 billion current LCU compare
  3. 133 Slovakia 28.08 billion current LCU compare
  4. 135 Ecuador 25.98 billion current LCU compare
  5. 136 Tunisia 24.30 billion current LCU compare
  6. 137 Croatia 23.93 billion current LCU compare

See the full ranking of 180 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 27.17 billion current 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 27.17 billion current LCU in 2024.
What is the lowest gross fixed capital formation recorded in Panama?
The lowest recorded value was 68.95 million current LCU in 1960.
How does Panama rank for gross fixed capital formation?
Panama ranks 134th out of 180 countries with data for 2024.
Is gross fixed capital formation rising or falling in Panama?
Over the last ten years it is up 31.4%. 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 (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.