Panama GDP Per Capita 1960-2024

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Panama gdp per capita for 2022 was $17,358, a 12.05% increase from 2021.
  • Panama gdp per capita for 2021 was $15,491, a 16.53% increase from 2020.
  • Panama gdp per capita for 2020 was $13,293, a 19.3% decline from 2019.
  • Panama gdp per capita for 2019 was $16,473, a 1.96% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Per Capita (US $)
Luxembourg $126,426
Bermuda $118,846
Norway $106,149
Ireland $104,039
Switzerland $92,101
Qatar $88,046
Singapore $82,808
United States $76,399
Iceland $72,903
Denmark $66,983
Australia $64,491
Netherlands $55,985
Sweden $55,873
Canada $54,966
Israel $54,660
UAE $53,758
Austria $52,131
Finland $50,537
Belgium $49,583
Hong Kong $48,984
Germany $48,432
New Zealand $48,249
United Kingdom $45,850
Kuwait $43,233
Andorra $41,993
France $40,964
Brunei $37,152
Sint Maarten (Dutch part) $36,220
Puerto Rico $35,209
Italy $34,158
Malta $33,941
Japan $33,815
South Korea $32,255
Macao $31,618
Bahamas $31,458
Cyprus $31,284
Saudi Arabia $30,436
Bahrain $30,152
Slovenia $29,457
Spain $29,350
Estonia $28,333
Czech Republic $27,638
Oman $25,057
Turks and Caicos Islands $24,918
Lithuania $24,827
Portugal $24,275
Latvia $21,851
Slovak Republic $21,258
Uruguay $20,795
Greece $20,732
St. Kitts and Nevis $20,177
Barbados $20,019
Antigua and Barbuda $18,745
Hungary $18,463
Croatia $18,413
Poland $18,321
Trinidad and Tobago $18,222
Panama $17,358
Seychelles $15,875
Chile $15,356
Argentina $13,686
Panama GDP Per Capita - Historical Data
Year GDP Per Capita (US $) Annual Growth Rate (%)
2022 $17,358 12.05%
2021 $15,491 16.53%
2020 $13,293 -19.30%
2019 $16,473 1.96%
2018 $16,156 6.39%
2017 $15,186 5.59%
2016 $14,382 5.21%
2015 $13,670 6.48%
2014 $12,837 7.58%
2013 $11,932 10.82%
2012 $10,767 14.50%
2011 $9,403 15.74%
2010 $8,125 6.64%
2009 $7,618 5.85%
2008 $7,197 15.97%
2007 $6,206 15.23%
2006 $5,386 8.73%
2005 $4,953 7.00%
2004 $4,629 7.55%
2003 $4,304 3.38%
2002 $4,164 1.94%
2001 $4,084 -0.36%
2000 $4,099 -0.55%
1999 $4,122 2.73%
1998 $4,012 6.26%
1997 $3,776 6.02%
1996 $3,561 1.03%
1995 $3,525 0.17%
1994 $3,519 4.48%
1993 $3,368 6.98%
1992 $3,148 11.35%
1991 $2,828 7.67%
1990 $2,626 6.43%
1989 $2,468 -1.85%
1988 $2,514 -15.41%
1987 $2,972 -1.76%
1986 $3,025 1.61%
1985 $2,977 3.41%
1984 $2,879 2.00%
1983 $2,823 0.31%
1982 $2,814 7.94%
1981 $2,607 10.58%
1980 $2,358 21.68%
1979 $1,938 11.52%
1978 $1,738 15.69%
1977 $1,502 3.24%
1976 $1,455 3.64%
1975 $1,404 8.45%
1974 $1,294 11.36%
1973 $1,162 11.31%
1972 $1,044 6.82%
1971 $977 9.70%
1970 $891 7.54%
1969 $829 6.65%
1968 $777 4.49%
1967 $744 8.11%
1966 $688 5.74%
1965 $650 6.56%
1964 $610 4.16%
1963 $586 7.51%
1962 $545 5.64%
1961 $516 8.27%
1960 $477 8.27%