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MacroPanama

GDP growth in Panama

Is that economy growing or stalling?

Panama's gdp growth is 4.35 % — #34 of 127 countries on the atlas (higher is better). Period 2025.

4.35%

Checked 8 Sept 2026Period 2025

Source: World Bank open data (GDP growth, GDP/capita, unemployment, government debt)

GDP growth in Panama over time

16.47 %-0.68 %-17.82 %16.47 % · 2021-17.82 % · 20202000: 4.21 %2001: 0.95 %2002: 2.51 %2003: 5.10 %2004: 8.18 %2005: 8.28 %2006: 9.86 %2007: 13.15 %2008: 10.20 %2009: 1.61 %2010: 6.07 %2011: 11.91 %2012: 9.63 %2013: 6.32 %2014: 4.63 %2015: 5.27 %2016: 4.57 %2017: 5.74 %2018: 3.92 %2019: 3.10 %2020: -17.82 %2021: 16.47 %2022: 11.04 %2023: 7.17 %2024: 2.75 %2025: 4.35 %2000201220254.35 %
26 official observations, 2000 → 2025. Every point is a published value — never interpolated.
Rank
#34 of 127
higher is better
Ranked behind
73 %
93 of 127 countries
Latest move
▲ 1.60 pp
since 2024
Below its peak
12.12 pp
peak 16.47 % in 2021
Full series
▲ 0.14 pp
since 2000

In Americas: #5 of 27vs median 2.90 %: +1.45 pp (better)

Among 127 countries

4 of 127 countries between -2.71 % and -2.14 %2 of 127 countries between -2.14 % and -1.56 %1 of 127 countries between -1.56 % and -0.99 %3 of 127 countries between -0.99 % and -0.41 %12 of 127 countries between 0.16 % and 0.74 %11 of 127 countries between 0.74 % and 1.31 %12 of 127 countries between 1.31 % and 1.89 %9 of 127 countries between 1.89 % and 2.47 %14 of 127 countries between 2.47 % and 3.04 %13 of 127 countries between 3.04 % and 3.62 %11 of 127 countries between 3.62 % and 4.19 %10 of 127 countries between 4.19 % and 4.77 %6 of 127 countries between 4.77 % and 5.34 %3 of 127 countries between 5.34 % and 5.92 %1 of 127 countries between 5.92 % and 6.49 %2 of 127 countries between 6.49 % and 7.07 %3 of 127 countries between 7.07 % and 7.64 %2 of 127 countries between 7.64 % and 8.22 %2 of 127 countries between 8.22 % and 8.79 %2 of 127 countries between 9.37 % and 9.95 %4 of 127 countries between 10.52 % and 11.10 %median 2.90 %Panama: ahead of 73 % of the 127 countries with a published gdp growthPanama 4.35 %-2.71 %11.10 %
Half of all 127 countries sit between 1.30 % and 4.37 %. Panama is ahead of 73 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGDP growthvs Panama
32 Egypt4.39 %+0.04 pp
33 Argentina4.37 %+0.02 pp
34 Panama4.35 %—
35 Guatemala4.28 %−0.07 pp
36 Nigeria4.01 %−0.34 pp

Annual real GDP growth (World Bank).

How to read this figure

Annual growth of real GDP (World Bank) — the size of the economy adjusted for inflation. Population growth matters: a country can grow 2 % while its GDP per person stands still.

Next, about Panama

GDP per capitaUnemployment rateInflation rate
GDP growth, all countries ranked →Compare Panama with another country →Everything about Panama →
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