Gross national savings — all countries

Gross national savings — Panama

Gross national savings in Panama in 2024 — 33%. Ranked 24 in the world out of 146. Since 1977, the indicator has risen by 4.9 pp.

2024 33% −2 pp vs 2023
World rank 24of 146
Period maximum 35%2023
Period minimum 2.3%1989

Trend over time

1977–2024 · % of GDP

Gross national savings — Panama, 1977–202401020304019771982198719921997200220072012201720221977: 28.1%1978: 30.4%1979: 27.3%1980: 22.8%1981: 18.9%1982: 28%1983: 25%1984: 12.5%1985: 15.6%1986: 14.4%1987: 23.2%1988: 15.9%1989: 2.3%1990: 15.8%1991: 11.8%1992: 17.1%1993: 19.9%1994: 23%1995: 22.3%1996: 26.7%1997: 27.7%1998: 22.4%1999: 20.6%2000: 23.9%2001: 21.2%2002: 20.6%2003: 20.3%2004: 18.2%2005: 18.7%2006: 20.1%2007: 27.8%2008: 29.6%2009: 29%2010: 24.8%2011: 29.9%2012: 32%2013: 33%2014: 30.2%2015: 34.1%2016: 32.3%2017: 34.3%2018: 31.6%2019: 31.6%2020: 24.7%2021: 28.7%2022: 34.5%2023: 35%2024: 33%
Change over the period: +4.9 pp Annual average: 0.1 pp

Comparison, 2024

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

Panama 33%
World 26.1%
Central America computed 18.9%
Gross national savings — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2024 33 −2 pp
2023 35 +0.5 pp
2022 34.5 +5.7 pp
2021 28.7 +4.1 pp
2020 24.7 −6.9 pp
2019 31.6 +0 pp
2018 31.6 −2.7 pp
2017 34.3 +2 pp
2016 32.3 −1.8 pp
2015 34.1 +3.9 pp
2014 30.2 −2.9 pp
2013 33 +1 pp
2012 32 +2.1 pp
2011 29.9 +5.1 pp
2010 24.8 −4.2 pp
2009 29 −0.6 pp
2008 29.6 +1.8 pp
2007 27.8 +7.8 pp
2006 20.1 +1.3 pp
2005 18.7 +0.6 pp
2004 18.2 −2.1 pp
2003 20.3 −0.4 pp
2002 20.6 −0.6 pp
2001 21.2 −2.7 pp
2000 23.9 +3.3 pp
1999 20.6 −1.8 pp
1998 22.4 −5.3 pp
1997 27.7 +0.9 pp
1996 26.7 +4.4 pp
1995 22.3 −0.7 pp
1994 23 +3.2 pp
1993 19.9 +2.8 pp
1992 17.1 +5.3 pp
1991 11.8 −4.1 pp
1990 15.8 +13.5 pp
1989 2.3 −13.6 pp
1988 15.9 −7.4 pp
1987 23.2 +8.8 pp
1986 14.4 −1.1 pp
1985 15.6 +3.1 pp
1984 12.5 −12.6 pp
1983 25 −2.9 pp
1982 28 +9.1 pp
1981 18.9 −3.9 pp
1980 22.8 −4.5 pp
1979 27.3 −3.1 pp
1978 30.4 +2.3 pp
1977 28.1

Central America, 2024

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

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

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