The Gross Domestic Product (GDP) in Panama was worth 66.80 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Panama represents 0.06 percent of the world economy.

GDP in Panama averaged 14.43 USD Billion from 1960 until 2019, reaching an all time high of 66.80 USD Billion in 2019 and a record low of 0.54 USD Billion in 1960. This page provides - Panama GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama GDP - values, historical data and charts - was last updated on October of 2020. source: World Bank

GDP in Panama is expected to reach 65.50 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama GDP is projected to trend around 67.00 USD Billion in 2021 and 68.50 USD Billion in 2022, according to our econometric models.

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Panama GDP

Actual Previous Highest Lowest Dates Unit Frequency
66.80 65.13 66.80 0.54 1960 - 2019 USD Billion Yearly
Current USD

Panama GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.40 3.30 12.20 0.40 percent [+]
GDP 66.80 65.13 66.80 0.54 USD Billion [+]
GDP per capita 11910.16 11755.12 11910.16 2139.41 USD [+]
GDP per capita PPP 31458.70 31049.20 31458.70 10728.00 USD [+]
GDP Constant Prices 10634.33 11210.52 11210.52 4958.99 PAB Million [+]
GDP From Agriculture 197.42 220.16 260.59 172.04 PAB Million [+]
GDP From Construction 1634.64 1569.62 1754.85 291.70 PAB Million [+]
GDP From Manufacturing 529.18 527.98 560.60 367.51 PAB Million [+]
GDP From Mining 426.61 364.14 426.61 33.08 PAB Million [+]
GDP From Transport 1537.25 1583.32 1583.32 833.71 PAB Million [+]
GDP From Utilities 438.57 448.12 456.77 140.88 PAB Million [+]

Panama GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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