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Panama

Economy overviewNorth America

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GDP4.4%
Inflation-0.2%
Unemploy.8.4%
Debt56.6%
Invest.33.5%
Fiscal-3.7% GDP
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GDP Growth
4.4%
2025 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$20k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$41k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
8.4%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$90.5bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2025
4.4%
2024
2.7%
2023
7.2%
2022
11%
2021
16.5%
2020
-17.8%
2019
3.1%
2018
3.9%
2017
5.7%
2016
4.6%
2015
5.3%
2014
4.6%

Compare with peers

🇺🇸
United States
GDP: 2.2%
🇨🇦
Canada
GDP: 1.7%
🇲🇽
Mexico
GDP: 0.6%
🇩🇴
Dominican Republic
GDP: 2.1%
🇬🇹
Guatemala
GDP: 4.3%
🇭🇳
Honduras
GDP: 3.8%