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Panama GDP

Animated chart · GDP (current US$) · 1960–2024

$86.5B2024 (latest)
+16,008%since 1960
$86.5Bpeak (2024)
65years of data
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$0$25.0B$50.0B$75.0B$100.0B196019922024
Source: World Bank · NY.GDP.MKTP.CD · CC BY 4.0

Panama GDP rose from $537.1M in 1960 to $86.5B in 2024 — 16,008% higher over 64 years, a compound 8.3% a year. It sits at its highest level on record in 2024. The sharpest single-year move was +25% in 1980, against a 18% fall in 2020. Over the past decade it rose 68%.

The data

YearGDP
2024$86.5B
2023$83.8B
2022$76.5B
2021$67.4B
2020$57.1B
2019$69.8B
2018$67.3B
2017$64.3B
2016$59.8B
2015$55.8B
2014$51.4B
2013$46.9B
2012$41.6B
2011$35.7B
2010$30.2B
2009$27.8B
2008$25.7B
2007$21.7B
2006$18.7B
2005$16.6B
2004$15.1B
2003$13.6B
2002$12.8B
2001$12.3B
2000$12.0B
1999$11.7B
1998$11.0B
1997$10.1B
1996$9.2B
1995$9.6B
1994$9.4B
1993$8.8B
1992$8.0B
1991$7.1B
1990$6.4B
1989$5.9B
1988$5.9B
1987$6.8B
1986$6.8B
1985$6.5B
1984$6.2B
1983$5.9B
1982$5.8B
1981$5.2B
1980$4.6B
1979$3.7B
1978$3.2B
1977$2.7B
1976$2.6B
1975$2.4B
1974$2.2B
1973$1.9B
1972$1.7B
1971$1.5B
1970$1.4B
1969$1.2B
1968$1.1B
1967$1.0B
1966$928.8M
1965$852.5M
1964$776.1M
1963$722.8M
1962$652.1M
1961$599.0M
1960$537.1M

Data: World Bank (World Development Indicators), indicator NY.GDP.MKTP.CD. Licensed CC BY 4.0.

Frequently asked questions

What is Panama's GDP in 2024?
Panama's GDP was $86.5B in 2024, from the World Bank's GDP (current US$) series.
How much has Panama's GDP grown since 1960?
It rose from $537.1M in 1960 to $86.5B in 2024 — 16,008% higher, about 8.3% a year.
When was Panama's GDP at its highest?
It is at its highest on record in 2024, at $86.5B.
Where does this GDP chart get its data?
The World Bank's World Development Indicators (series NY.GDP.MKTP.CD), licensed CC BY 4.0. Kitegraph charts it and lets you export an animated video.