Stock market capitalization in US dollars — all countries

Stock market capitalization in US dollars — Panama

Stock market capitalization in US dollars in Panama in 2025 — 27,183,000,000 US$. Ranked 47 in the world out of 68. Since 1993, the indicator has risen by 6,134.6%.

2025 27.18B US$ +48.64% vs 2024
World rank 47of 68
Period maximum 27.18B US$2025
Period minimum 436M US$1993

Trend over time

1993–2025 · US$

Stock market capitalization in US dollars — Panama, 1993–2025010B20B30B1993199720012005200920132017202120251993: 436,000,000 US$1994: 761,600,000 US$1995: 831,000,000 US$1996: 1,279,510,000 US$1997: 2,175,150,000 US$1998: 3,817,400,000 US$1999: 3,482,000,000 US$2000: 2,794,000,000 US$2001: 2,602,100,000 US$2002: 3,094,500,000 US$2003: 3,220,000,000 US$2004: 4,202,600,000 US$2005: 5,962,800,000 US$2006: 7,151,400,000 US$2007: 7,203,300,000 US$2008: 7,065,200,000 US$2009: 7,722,500,000 US$2010: 8,348,000,000 US$2011: 10,681,700,000 US$2012: 12,544,000,000 US$2013: 12,570,000,000 US$2014: 13,755,890,000 US$2015: 13,174,310,000 US$2016: 13,563,970,000 US$2017: 15,023,710,000 US$2018: 15,647,730,000 US$2019: 17,274,000,000 US$2020: 13,938,450,000 US$2021: 15,457,780,000 US$2022: 15,628,000,000 US$2023: 20,354,000,000 US$2024: 18,288,000,000 US$2025: 27,183,000,000 US$
Change over the period: +26.75B (+6,134.63%) Average annual rate: 13.79 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Panama

Panama 27.18B US$
World 141T US$
Stock market capitalization in US dollars — Panama, by year Panama All countries CSV XLSX
Year US$ Change Change, %
2025 27.18B +8.9B +48.64%
2024 18.29B −2.07B −10.15%
2023 20.35B +4.73B +30.24%
2022 15.63B +170M +1.1%
2021 15.46B +1.52B +10.9%
2020 13.94B −3.34B −19.31%
2019 17.27B +1.63B +10.39%
2018 15.65B +624M +4.15%
2017 15.02B +1.46B +10.76%
2016 13.56B +390M +2.96%
2015 13.17B −582M −4.23%
2014 13.76B +1.19B +9.43%
2013 12.57B +26M +0.21%
2012 12.54B +1.86B +17.43%
2011 10.68B +2.33B +27.96%
2010 8.35B +626M +8.1%
2009 7.72B +657M +9.3%
2008 7.07B −138M −1.92%
2007 7.2B +51.9M +0.73%
2006 7.15B +1.19B +19.93%
2005 5.96B +1.76B +41.88%
2004 4.2B +983M +30.52%
2003 3.22B +126M +4.06%
2002 3.09B +492M +18.92%
2001 2.6B −192M −6.87%
2000 2.79B −688M −19.76%
1999 3.48B −335M −8.79%
1998 3.82B +1.64B +75.5%
1997 2.18B +896M +70%
1996 1.28B +449M +53.97%
1995 831M +69.4M +9.11%
1994 762M +326M +74.68%
1993 436M

Central America, 2025

The same indicator for neighboring countries — with links to their pages

MX Mexico 560B PA Panama 27.18B

About the indicator

The market value of all domestic companies whose shares are quoted on the country's exchanges, at the end of the year. The indicator measures not the size of the economy but the size of the public capital market: among countries with comparable GDP, capitalization differs several times over, because in some places companies raise money through the exchange and in others through banks or from the state. Foreign companies traded on the local exchange are not included.

Important: There are about 140 territories with data — the rest have no exchange, and that is the absence of the phenomenon rather than a gap: their contribution to world capitalization is zero, so aggregates for country groups are computed at a lowered coverage threshold.

Source: World Development Indicators (World Bank), license CC BY 4.0.