Gross savings in Panama
Panama: Gross savings was 28.55 billion current US$ in 2024. ◆ Volatile
Gross savings in Panama, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Panama is 28.55 billion current US$, measured in 2024.
That represents a change of down 2.6% on the previous year and up 84.1% over ten years.
Over the whole period, gross savings in Panama peaked at 29.30 billion current US$ in 2023 and was at its lowest, 138.27 million current US$, in 1989.
Panama ranks 62nd of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 922.59 million current US$ | 768.93 million current US$ | 1.01 billion current US$ | 3 |
| 1980s | 1.06 billion current US$ | 138.27 million current US$ | 1.61 billion current US$ | 10 |
| 1990s | 1.94 billion current US$ | 834.04 million current US$ | 2.79 billion current US$ | 10 |
| 2000s | 4.22 billion current US$ | 2.60 billion current US$ | 8.06 billion current US$ | 10 |
| 2010s | 16.61 billion current US$ | 7.48 billion current US$ | 22.04 billion current US$ | 10 |
| 2020s | 23.53 billion current US$ | 14.07 billion current US$ | 29.30 billion current US$ | 5 |
Countries ranked near Panama
More economy & growth data for Panama
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
- Taxes less subsidies on products 2.23 billion current US$ (2025)
- Net primary income (Net income from abroad) -4.39 billion current LCU (2025)
- Net primary income (Net income from abroad) -4.39 billion current US$ (2025)
- GNI per capita 18,830 current LCU (2025)
- GNI per capita, Atlas method 19,140 current US$ (2025)
- GNI 86.07 billion current LCU (2025)
Frequently asked questions
- What is gross savings in Panama?
- Gross savings in Panama was 28.55 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Panama?
- The highest recorded value was 29.30 billion current US$ in 2023.
- What is the lowest gross savings recorded in Panama?
- The lowest recorded value was 138.27 million current US$ in 1989.
- How does Panama rank for gross savings?
- Panama ranks 62nd out of 177 countries with data for 2024.
- Is gross savings rising or falling in Panama?
- Over the last ten years it is up 84.1%. 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 savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.