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Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Panama

Gross capital formation (% of GDP) in Panama in 2024 — 33.5%. Ranked 16 in the world out of 169. Since 1960, the indicator has risen by 12.2 pp.

2024 33.5% −4 pp vs 2023
World rank 16of 169
Period maximum 43.6%2014
Period minimum 7.7%1989

Trend over time

1960–2024 · % of GDP

Gross capital formation (% of GDP) — Panama, 1960–2024020406019601967197419811988199520022009201620231960: 21.3%1962: 25.6%1964: 22.2%1966: 28.6%1968: 29.1%1970: 34.4%1972: 39.4%1974: 41.6%1976: 39.1%1978: 32.9%1980: 35.3%1982: 33.8%1984: 18.6%1986: 21.7%1988: 9.4%1990: 21.1%1992: 29.8%1994: 33.7%1996: 26.7%1998: 29.8%2000: 28.4%2002: 21.2%2004: 27.1%2006: 28.6%2008: 41.4%2010: 37.3%2012: 42.5%2014: 43.6%2016: 40.3%2018: 41.2%2020: 24%2022: 35.9%2024: 33.5%
Change over the period: +12.2 pp Annual average: 0.19 pp

Comparison, 2024

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

Panama 33.5%
World 26.3%
Latin America & Caribbean 19.1%
Central America computed 23.5%
High-income countries computed 22.6%
Gross capital formation (% of GDP) — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2024 33.5 −4 pp
2023 37.5 +1.6 pp
2022 35.9 +4.6 pp
2021 31.3 +7.3 pp
2020 24 −14.1 pp
2019 38.1 −3.1 pp
2018 41.2 −0.3 pp
2017 41.5 +1.2 pp
2016 40.3 −2 pp
2015 42.3 −1.3 pp
2014 43.6 +0.5 pp
2013 43.1 +0.6 pp
2012 42.5 +4.9 pp
2011 37.6 +0.3 pp
2010 37.3 +6.5 pp
2009 30.9 −10.5 pp
2008 41.4 +6 pp
2007 35.4 +6.8 pp
2006 28.6 +1.6 pp
2005 27 −0.1 pp
2004 27.1 +1.6 pp
2003 25.5 +4.3 pp
2002 21.2 −1.2 pp
2001 22.4 −6 pp
2000 28.4 −0.7 pp
1999 29.1 −0.7 pp
1998 29.8 +2.8 pp
1997 27 +0.3 pp
1996 26.7 −11.3 pp
1995 38 +4.4 pp
1994 33.7 +2.6 pp
1993 31.1 +1.3 pp
1992 29.8 +5.7 pp
1991 24.1 +3 pp
1990 21.1 +13.4 pp
1989 7.7 −1.7 pp
1988 9.4 −13.7 pp
1987 23.1 +1.4 pp
1986 21.7 +2.5 pp
1985 19.1 +0.5 pp
1984 18.6 −3.8 pp
1983 22.5 −11.3 pp
1982 33.8 −1.8 pp
1981 35.6 +0.3 pp
1980 35.3 +0.6 pp
1979 34.7 +1.8 pp
1978 32.9 +3.5 pp
1977 29.3 −9.8 pp
1976 39.1 +1 pp
1975 38.1 −3.5 pp
1974 41.6 +0.1 pp
1973 41.5 +2.2 pp
1972 39.4 +1.8 pp
1971 37.6 +3.1 pp
1970 34.4 +3.7 pp
1969 30.7 +1.6 pp
1968 29.1 +1.6 pp
1967 27.5 −1.1 pp
1966 28.6 +5.6 pp
1965 22.9 +0.7 pp
1964 22.2 −3.4 pp
1963 25.7 +0 pp
1962 25.6 +0.7 pp
1961 24.9 +3.6 pp
1960 21.3 —

Central America, 2024

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

PA Panama 33.5 NI Nicaragua 24.7 MX Mexico 23.9 HN Honduras 23.2 SV El Salvador 20.1 BZ Belize 19.8 GT Guatemala 16.4 CR Costa Rica 16.2
Full table for all countries

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

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

Other indicators for Panama

Economy Gross capital formation in US dollars

How much a country puts in each year into buildings, equipment, infrastructure and inventories.

Panama by year Economy Gross national savings

What part of its income a country saves rather than consumes.

Panama by year Business FDI inflows (% of GDP)

Inflows of direct investment relative to the size of the economy.

Panama by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Panama by year
All indicators for Panama