Gross fixed capital formation, private sector in Panama

Panama: Gross fixed capital formation, private sector was 21.98 billion current LCU in 2024. ◆ Volatile

Latest (2024)
21.98 billion current LCU
Change on year
down 3.3%
World rank
72nd
of 105 countries
All-time high
22.74 billion current LCU
in 2023
All-time low
55.62 million current LCU
in 1960
Years of data
49
1960–2024

Gross fixed capital formation, private sector in Panama, 1960–2024

05.0B10.0B15.0B20.0B25.0B196019922024

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

Analysis

The most recent figure for gross fixed capital formation, private sector in Panama is 21.98 billion current LCU, measured in 2024.

The figure is down 3.3% on the previous year and up 30.6% over ten years.

Over the whole period, gross fixed capital formation, private sector in Panama peaked at 22.74 billion current LCU in 2023 and was at its lowest, 55.62 million current LCU, in 1960.

Panama ranks 72nd of 105 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
1960s 103.81 million current LCU 55.62 million current LCU 177.21 million current LCU 10
1970s 284.57 million current LCU 191.87 million current LCU 449.28 million current LCU 10
1980s 650.78 million current LCU 242.02 million current LCU 1.03 billion current LCU 10
1990s 1.24 billion current LCU 429.72 million current LCU 1.87 billion current LCU 6
2010s 17.92 billion current LCU 11.12 billion current LCU 22.04 billion current LCU 8
2020s 18.81 billion current LCU 12.10 billion current LCU 22.74 billion current LCU 5

Countries ranked near Panama

  1. 69 Guyana 31.37 billion current LCU compare
  2. 70 Macao 30.52 billion current LCU compare
  3. 71 Sierra Leone 22.00 billion current LCU compare
  4. 73 Belarus 21.89 billion current LCU compare
  5. 74 Ukraine 20.86 billion current LCU compare
  6. 75 Ecuador 18.61 billion current LCU compare

See the full ranking of 105 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is gross fixed capital formation, private sector in Panama?
Gross fixed capital formation, private sector in Panama was 21.98 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, private sector recorded in Panama?
The highest recorded value was 22.74 billion current LCU in 2023.
What is the lowest gross fixed capital formation, private sector recorded in Panama?
The lowest recorded value was 55.62 million current LCU in 1960.
How does Panama rank for gross fixed capital formation, private sector?
Panama ranks 72nd out of 105 countries with data for 2024.
Is gross fixed capital formation, private sector rising or falling in Panama?
Over the last ten years it is up 30.6%. 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, private sector (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation, private sector (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
105 places, 3,078 data points, 1960–2025
Last refreshed

Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.