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 2023 was $18,662, a 7.51% increase from 2022.
- 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.
| Similar Country Ranking |
| Country Name |
GDP Per Capita (US $) |
| Luxembourg |
$128,259 |
| Ireland |
$103,685 |
| Switzerland |
$99,995 |
| Norway |
$87,962 |
| Singapore |
$84,734 |
| United States |
$81,695 |
| Iceland |
$78,811 |
| Denmark |
$67,967 |
| Macao |
$66,835 |
| Australia |
$64,712 |
| Netherlands |
$62,537 |
| Austria |
$56,506 |
| Sweden |
$56,305 |
| Finland |
$53,756 |
| Belgium |
$53,475 |
| Canada |
$53,372 |
| UAE |
$52,977 |
| Germany |
$52,746 |
| Israel |
$52,262 |
| Hong Kong |
$50,697 |
| United Kingdom |
$48,867 |
| New Zealand |
$48,528 |
| Andorra |
$46,545 |
| France |
$44,461 |
| Sint Maarten (Dutch part) |
$39,433 |
| Italy |
$38,373 |
| Malta |
$37,882 |
| Kuwait |
$37,533 |
| Puerto Rico |
$36,779 |
| Bahamas |
$34,750 |
| Cyprus |
$34,701 |
| Japan |
$33,834 |
| Brunei |
$33,431 |
| South Korea |
$33,121 |
| Spain |
$32,677 |
| Slovenia |
$32,164 |
| Turks and Caicos Islands |
$30,438 |
| Czech Republic |
$30,427 |
| Estonia |
$29,824 |
| Bahrain |
$29,084 |
| Saudi Arabia |
$28,895 |
| Portugal |
$27,275 |
| Lithuania |
$27,103 |
| Slovak Republic |
$24,470 |
| Oman |
$23,295 |
| Latvia |
$23,184 |
| Greece |
$22,990 |
| Barbados |
$22,673 |
| Uruguay |
$22,565 |
| St. Kitts and Nevis |
$22,553 |
| Hungary |
$22,147 |
| Poland |
$22,113 |
| Antigua and Barbuda |
$21,560 |
| Croatia |
$21,460 |
| Panama |
$18,662 |
| Trinidad and Tobago |
$18,333 |
| Seychelles |
$17,879 |
| Chile |
$17,093 |
| Palau |
$14,565 |
| Argentina |
$13,731 |
| Panama GDP Per Capita - Historical Data |
| Year |
GDP Per Capita (US $) |
Annual Growth Rate (%) |
| 2023 |
$18,662 |
7.51% |
| 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% |
