Panama — GDP per capita
GDP per Capita (Nominal) for Panama, 1960–2025.
GDP per capita for Panama was 19,790 in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The latest year is also the highest value on record for this series. The lowest was 477 in 1960 (about 41.5× the low point). Across that span the compound annual growth rate works out to 5.90% per year.
Panama ranks 76 of 212 economies on this measure (1 = highest), putting it in the top 36%. The median for Latin America & Caribbean is 13,889, so Panama sits above it. Over the last decade (2015–2025) the figure moved up 41%. Within Latin America & Caribbean it ranks 15 of 40 economies; Trinidad and Tobago (18,967) is just below it. Its sharpest one-year move was up 22% in 1980. That is 20% above this series' own ten-year average.
Data highlights
From its 1960 level: doubled by 1971; grown tenfold by 2005. Doubling roughly every 12 years at that pace.
World ranking. Slipped: 33rd of 111 in 1960 → 50th of 146 in 1970 → 62nd of 163 in 1980 → 77th of 192 in 1990 → 80th of 204 in 2000 → 90th of 212 in 2010 → 76th of 210 in 2020 → 57th of 186 in 2025.
Key figures
Full history — 1960 to 2025
| Year | current US$ | Change |
|---|---|---|
| 2025 | 19,789.73 | +3.3% |
| 2024 | 19,161.22 | +1.9% |
| 2023 | 18,797.19 | +8.2% |
| 2022 | 17,378.61 | +12.0% |
| 2021 | 15,509.81 | +16.7% |
| 2020 | 13,290.56 | -19.3% |
| 2019 | 16,477.91 | +2.0% |
| 2018 | 16,151.33 | +2.9% |
| 2017 | 15,694.63 | +5.8% |
| 2016 | 14,832.36 | +5.3% |
| 2015 | 14,082.65 | +6.6% |
| 2014 | 13,213.2 | +7.7% |
| 2013 | 12,273.32 | +10.9% |
| 2012 | 11,064.81 | +14.5% |
| 2011 | 9,662.3 | +16.0% |
| 2010 | 8,331.46 | +6.9% |
| 2009 | 7,796.93 | +6.1% |
| 2008 | 7,347.59 | +16.3% |
| 2007 | 6,317.82 | +14.3% |
| 2006 | 5,528.77 | +10.2% |
| 2005 | 5,017.74 | +8.0% |
| 2004 | 4,644.57 | +8.9% |
| 2003 | 4,264.66 | +4.3% |
| 2002 | 4,090.59 | +2.5% |
| 2001 | 3,991.78 | +0.4% |
| 2000 | 3,975.09 | +0.6% |
| 1999 | 3,950.34 | +3.7% |
| 1998 | 3,807.84 | +7.4% |
| 1997 | 3,545.98 | +7.2% |
| 1996 | 3,308.18 | -5.9% |
| 1995 | 3,513.9 | +0.2% |
| 1994 | 3,508.2 | +4.5% |
| 1993 | 3,358.41 | +7.0% |
| 1992 | 3,139.9 | +11.3% |
| 1991 | 2,820.55 | +7.6% |
| 1990 | 2,620.14 | +6.4% |
| 1989 | 2,462.11 | -1.9% |
| 1988 | 2,508.78 | -15.4% |
| 1987 | 2,966.01 | -1.8% |
| 1986 | 3,019.48 | +1.6% |
| 1985 | 2,972.18 | +3.4% |
| 1984 | 2,874.95 | +2.0% |
| 1983 | 2,819.35 | +0.3% |
| 1982 | 2,811.41 | +7.9% |
| 1981 | 2,605.46 | +10.5% |
| 1980 | 2,357.09 | +21.6% |
| 1979 | 1,937.98 | +11.5% |
| 1978 | 1,738.49 | +15.6% |
| 1977 | 1,503.27 | +3.2% |
| 1976 | 1,456.5 | +3.6% |
| 1975 | 1,405.75 | +8.4% |
| 1974 | 1,296.45 | +11.3% |
| 1973 | 1,164.33 | +11.3% |
| 1972 | 1,046.06 | +6.8% |
| 1971 | 979.33 | +9.7% |
| 1970 | 892.89 | +7.5% |
| 1969 | 830.32 | +6.7% |
| 1968 | 778.48 | +4.5% |
| 1967 | 744.89 | +8.1% |
| 1966 | 688.85 | +5.8% |
| 1965 | 651.33 | +6.6% |
| 1964 | 611.1 | +4.2% |
| 1963 | 586.62 | +7.5% |
| 1962 | 545.57 | +5.6% |
| 1961 | 516.46 | +8.3% |
| 1960 | 477.04 | — |
Frequently asked questions
What was Panama’s GDP per capita in 1961?
516.46 (1961). The full year-by-year table above lists every published year, most recent first.
Are Panama’s GDP per capita figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Panama’s GDP per capita growing or shrinking?
Between 1960 and 2025 the series was growing overall: +4048.5% in total — about 5.9% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.PCAP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 19,789.73; 2024: 19,161.22; 2023: 18,797.19; 2022: 17,378.61; 2021: 15,509.81. Earlier years are in the full-history table below.
Related data
NY.GDP.PCAP.CD — GDP per Capita (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.