World 8.2bn peopleGDP $118tnLife expectancy 73.5 yrsOnline 73.6%
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Economy · Latin America & Caribbean · High income

Panama: the economy in numbers

GDP is $90.5bn (2025), 83rd of 211 in the world and 14th of 41 in Latin America & Caribbean. GDP per capita is $19,790 (2025), 77th of 211 in the world and 16th of 41 in Latin America & Caribbean. GDP per capita, PPP is $43,902 (2025), 62nd of 199 in the world and 7th of 38 in Latin America & Caribbean.

GDP$90.5bn2025 · world 83/211 · region 14/41GDP per capita$19,7902025 · world 77/211 · region 16/41GDP per capita, PPP$43,9022025 · world 62/199 · region 7/38GNI per capita$19,1402025 · world 70/201 · region 13/38
GDP
Panama
$0$25.0bn$50.0bn$75.0bn$100bn1995200020052010201520202025Panama$90.5bn
GDP per capita
PanamaLatin America & CaribbeanHigh incomeWorld
$0$20,000$40,000$60,0001995200020052010201520202025Panama$19,790Latin America & CaribbeanHigh incomeWorld
13 indicators

Economy: Panama in detail

Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
GDPGDP, current US$$90.5bn202583/21114/41$12.0bn$30.2bn$57.1bn+62%since 2015$7.4tn$76.9tn$118tn
GDP per capitaGDP per capita, current US$$19,790202577/21116/41$3,975$8,331$13,291+41%since 2015$11,095$53,997$14,406
GDP per capita, PPPGDP per capita, PPP (current international $)$43,902202562/1997/38$8,097$15,573$27,017+61%since 2015$23,901$69,953$25,704
GNI per capitaGNI per capita, Atlas method, US$$19,140202570/20113/38$3,810$7,500$13,070+52%since 2015$10,634$52,957$14,244
GDP growthGDP growth, annual %4.4%202570/21012/414.2%6.1%-17.8%−0.9 ppsince 20152.3%1.9%2.9%
GDP per capita growthGDP per capita growth, annual %3.1%202582/21015/412.2%4.2%-18.9%−0.4 ppsince 20151.6%1.5%2.0%
Agriculture shareAgriculture, forestry and fishing, % of GDP2.6%2025135/19824/376.3%3.6%3.1%−0.3 ppsince 20156.8%1.3%4.0%
Industry shareIndustry incl. construction, % of GDP24.9%202588/20115/3818.3%18.8%23.4%−1.7 ppsince 201530.3%21.3%25.0%
Manufacturing shareManufacturing, value added, % of GDP4.8%2025156/19425/389.9%6.9%5.7%−1.5 ppsince 201517.1%12.0%14.9%
Services shareServices, % of GDP70.0%202536/20110/3871.6%73.4%71.0%+3.4 ppsince 201568.2%69.1%63.3%
InvestmentGross capital formation, % of GDP33.5%202415/1751/2528.4%37.3%24.0%−10.0 ppsince 201419.0%22.6%26.3%
SavingsGross savings, % of GDP33.0%202427/1631/2223.9%24.8%24.7%+2.8 ppsince 201416.4%23.2%26.0%
Resource rentsNatural resources rents, % of GDP3.7%202183/20911/390.1%0.2%0.5%+3.4 ppsince 20116.1%2.5%3.1%
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.

Better than ten years ago

Worse than ten years ago

Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).

neighbours

Panama and its neighbours

Countries sharing a land border with Panama. Latest values since 2005; the highest in each row is marked.

IndicatorPanamaUnited StatesColombiaCosta Rica
GDP$90.5bn2025$30.8tn2025$457bn2025$103bn2025
GDP per capita$19,7902025$90,0272025$8,5622025$19,9702025
GDP per capita, PPP$43,9022025$90,0272025$22,6402025$33,8152025
GNI per capita$19,1402025$88,8102025$7,9002025$17,9302025
GDP growth4.4%20252.2%20252.6%20254.6%2025
GDP per capita growth3.1%20251.6%20251.6%20254.1%2025
Agriculture share2.6%20250.9%20219.9%20253.4%2025
Industry share24.9%202517.6%202121.8%202519.9%2025
Manufacturing share4.8%202510.5%20219.9%202513.6%2025
United States: economyColombia: economyCosta Rica: economy
Economy in Latin America & Caribbeanall 42 economies rankedEconomy: high-income countries86 economies rankedEconomy: world leaderboardstop and bottom countriesPanama: all key statisticscountry profile