GDP growth — all countries

GDP growth — Panama

GDP growth in Panama in 2025 — 4.35%. Ranked 63 in the world out of 186. Since 1961, the indicator has fallen by 6.58 pp.

2025 4.35% +1.6 pp vs 2024
World rank 63of 186
Period maximum 16.47%2021
Period minimum -17.82%2020

Trend over time

1961–2025 · % per year

GDP growth — Panama, 1961–2025-20-100102019611968197519821989199620032010201720241961: 10.93%1963: 8.54%1965: 9.16%1967: 8.55%1969: 8.44%1971: 9.62%1973: 5.36%1975: 1.74%1977: 1.09%1979: 4.51%1981: 9.21%1983: -4.49%1985: 4.94%1987: -1.81%1989: 1.56%1991: 9.42%1993: 5.46%1995: 1.75%1997: 7.71%1999: 5.21%2001: 0.95%2003: 5.1%2005: 8.28%2007: 13.15%2009: 1.61%2011: 11.91%2013: 6.32%2015: 5.27%2017: 5.74%2019: 3.1%2021: 16.47%2023: 7.17%2025: 4.35%
Change over the period: −6.58 pp Annual average: -0.1 pp

Comparison, 2025

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

Panama 4.35%
World 2.92%
Central America computed 1.26%
High-income countries computed 1.86%
GDP growth — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2025 4.35 +1.6 pp
2024 2.75 −4.42 pp
2023 7.17 −3.87 pp
2022 11.04 −5.43 pp
2021 16.47 +34.29 pp
2020 -17.82 −20.92 pp
2019 3.1 −0.82 pp
2018 3.92 −1.83 pp
2017 5.74 +1.17 pp
2016 4.57 −0.69 pp
2015 5.27 +0.64 pp
2014 4.63 −1.7 pp
2013 6.32 −3.3 pp
2012 9.63 −2.28 pp
2011 11.91 +5.84 pp
2010 6.07 +4.46 pp
2009 1.61 −8.59 pp
2008 10.2 −2.96 pp
2007 13.15 +3.3 pp
2006 9.86 +1.58 pp
2005 8.28 +0.1 pp
2004 8.18 +3.08 pp
2003 5.1 +2.59 pp
2002 2.51 +1.56 pp
2001 0.95 −3.26 pp
2000 4.21 −1 pp
1999 5.21 −3.18 pp
1998 8.39 +0.68 pp
1997 7.71 +3.63 pp
1996 4.08 +2.33 pp
1995 1.75 −1.1 pp
1994 2.85 −2.61 pp
1993 5.46 −2.75 pp
1992 8.2 −1.22 pp
1991 9.42 +1.32 pp
1990 8.1 +6.54 pp
1989 1.56 +14.94 pp
1988 -13.38 −11.57 pp
1987 -1.81 −5.38 pp
1986 3.57 −1.37 pp
1985 4.94 +2.23 pp
1984 2.71 +7.2 pp
1983 -4.49 −9.84 pp
1982 5.35 −3.86 pp
1981 9.21 −3.88 pp
1980 13.08 +8.57 pp
1979 4.51 −5.28 pp
1978 9.79 +8.7 pp
1977 1.09 −0.57 pp
1976 1.66 −0.08 pp
1975 1.74 −0.71 pp
1974 2.45 −2.92 pp
1973 5.36 +0.78 pp
1972 4.58 −5.03 pp
1971 9.62 +2.66 pp
1970 6.96 −1.48 pp
1969 8.44 +1.46 pp
1968 6.98 −1.58 pp
1967 8.55 +0.97 pp
1966 7.58 −1.58 pp
1965 9.16 +4.73 pp
1964 4.43 −4.11 pp
1963 8.54 +0.29 pp
1962 8.24 −2.68 pp
1961 10.93

Central America, 2025

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

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

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