Panama GDP
GDP nominal (2023)
$83,318,176,900
GDP growth rate
(2023) 7.4% 
(Current US Dollars). Sources include: World Bank, United Nations.
- Nominal (current) Gross Domestic Product (GDP) of Panama is $83,318,176,900 (USD) as of 2023.
- Real GDP (constant, inflation adjusted) of Panama reached $75,232,121,008 in 2023.
- GDP Growth Rate in 2023 was 7.4%, representing a change of 5,183,135,663 US$ over 2022, when Real GDP was $70,048,985,345.
- GDP per Capita in Panama (with a population of 4,458,759 people) was $16,873 in 2023, an increase of $955 from $15,917 in 2022; this represents a change of 6% in GDP per capita.
Panama GDP (Nominal, $USD) 1993-2023
GDP Change (%)
Gross Domestic Product (GDP) of Panama
| Year | GDP Nominal (Current USD) | GDP Real (Inflation adj.) | GDP Change | GDP per capita | Pop. Change | Population |
|---|---|---|---|---|---|---|
| 2023 | $83,318,176,900 | $75,232,121,008 | 7.4% | $16,873 | 1.32% | 4,458,759 |
| 2022 | $76,276,116,700 | $70,048,985,345 | 10.77% | $15,917 | 1.27% | 4,400,773 |
| 2021 | $67,396,392,500 | $63,238,418,925 | 16.47% | $14,553 | 1.21% | 4,345,405 |
| 2020 | $57,059,846,500 | $54,297,226,766 | −17.82% | $12,647 | 1.38% | 4,293,261 |
| 2019 | $69,778,991,200 | $66,072,084,975 | 3.1% | $15,603 | 1.6% | 4,234,700 |
| 2018 | $67,316,471,200 | $64,083,529,549 | 3.92% | $15,376 | 1.69% | 4,167,860 |
| 2017 | $64,327,688,800 | $61,667,283,244 | 5.74% | $15,046 | 1.73% | 4,098,707 |
| 2016 | $59,760,858,700 | $58,317,491,836 | 4.57% | $14,474 | 1.74% | 4,029,086 |
| 2015 | $55,767,806,100 | $55,767,806,100 | 5.27% | $14,083 | 1.75% | 3,960,035 |
| 2014 | $51,427,104,900 | $52,977,523,790 | 4.63% | $13,612 | 1.75% | 3,892,101 |
| 2013 | $46,949,496,500 | $50,635,232,251 | 6.32% | $13,237 | 1.76% | 3,825,329 |
| 2012 | $41,595,439,700 | $47,623,362,287 | 9.63% | $12,668 | 1.78% | 3,759,256 |
| 2011 | $35,687,738,300 | $43,441,154,828 | 11.91% | $11,761 | 1.79% | 3,693,505 |
| 2010 | $30,231,009,500 | $38,818,327,826 | 6.07% | $10,698 | 1.8% | 3,628,535 |
| 2009 | $27,791,215,500 | $36,595,725,406 | 1.61% | $10,267 | 1.82% | 3,564,381 |
| 2008 | $25,721,328,000 | $36,015,209,193 | 10.2% | $10,288 | 1.84% | 3,500,648 |
| 2007 | $21,717,433,800 | $32,682,439,460 | 13.15% | $9,508 | 1.85% | 3,437,490 |
| 2006 | $18,659,721,500 | $28,883,388,489 | 9.86% | $8,558 | 1.87% | 3,375,024 |
| 2005 | $16,623,906,700 | $26,291,748,117 | 8.28% | $7,936 | 1.9% | 3,313,026 |
| 2004 | $15,100,203,400 | $24,282,115,702 | 8.18% | $7,469 | 1.92% | 3,251,155 |
| 2003 | $13,603,456,000 | $22,446,932,329 | 5.1% | $7,037 | 1.93% | 3,189,807 |
| 2002 | $12,800,851,300 | $21,358,328,178 | 2.51% | $6,825 | 1.95% | 3,129,344 |
| 2001 | $12,252,906,300 | $20,835,595,644 | 0.95% | $6,788 | 1.97% | 3,069,537 |
| 2000 | $11,966,497,000 | $20,639,538,981 | 4.21% | $6,856 | 1.98% | 3,010,369 |
| 1999 | $11,660,704,800 | $19,805,907,259 | 5.21% | $6,710 | 2% | 2,951,822 |
| 1998 | $11,019,557,700 | $18,824,824,096 | 8.39% | $6,505 | 2.02% | 2,893,914 |
| 1997 | $10,058,854,400 | $17,368,081,133 | 7.71% | $6,123 | 2.03% | 2,836,695 |
| 1996 | $9,197,503,300 | $16,124,998,545 | −5.77% | $5,800 | 2.04% | 2,780,227 |
| 1995 | $9,573,813,700 | $17,111,477,972 | 1.75% | $6,280 | 2.06% | 2,724,557 |
| 1994 | $9,365,289,800 | $16,816,899,903 | 2.85% | $6,300 | 2.08% | 2,669,546 |
| 1993 | $8,782,585,400 | $16,350,875,888 | 5.46% | $6,252 | 2.1% | 2,615,099 |
Sources:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division