Panama GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Panama is $96.47 billion ($96,471,000,000) as of 2026, according to the International Monetary Fund (IMF). #84 in the world
The GDP growth rate in 2026 is 5.0%, according to the International Monetary Fund (IMF).
GDP per Capita in Panama (with a population of 4,625,718 people) is $20,877 in 2026, an increase of $1,063 from $19,814 in 2025; this represents a change of 5.4% in GDP per capita. #82 in the world

GDP Change (%)

Gross Domestic Product (GDP) of Panama

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2026$96,471,000,0005.0%$20,877+1.19%
2025$90,463,000,0004.3%$19,814+1.23%
2024$86,524,000,0002.7%$19,187+1.27%
2023$83,812,000,0007.2%$18,822+1.32%
2022$76,479,000,00011.0%$17,400+1.27%
2021$67,396,000,00016.5%$15,538+1.21%
2020$57,060,000,000−17.8%$13,336+1.38%
2019$69,779,000,0003.1%$16,540+1.60%
2018$67,316,000,0003.9%$16,187+1.69%
2017$64,328,000,0005.7%$15,697+1.73%
2016$59,761,000,0004.6%$14,803+1.74%
2015$55,768,000,0005.3%$14,028+1.75%
2014$51,427,000,0004.6%$13,142+1.75%
2013$46,949,000,0006.3%$12,192+1.76%
2012$41,595,000,0009.6%$10,982+1.78%
2011$35,688,000,00011.9%$9,584+1.79%
2010$30,231,000,0006.1%$8,256+1.80%
2009$27,791,000,0001.6%$7,720+1.82%
2008$25,721,000,00010.2%$7,270+1.84%
2007$21,717,000,00013.2%$6,248+1.85%
2006$18,660,000,0009.9%$5,467+1.87%
2005$16,624,000,0008.3%$4,961+1.90%
2004$15,100,000,0008.2%$4,591+1.92%
2003$13,603,000,0005.1%$4,216+1.93%
2002$12,801,000,0002.5%$4,045+1.95%
2001$12,253,000,0000.9%$3,950+1.97%
2000$11,966,000,0004.2%$3,935+1.98%
1999$11,661,000,0005.2%$3,913+2.00%
1998$11,020,000,0008.4%$3,773+2.02%
1997$10,059,000,0007.7%$3,515+2.03%
1996$9,198,000,0007.4%$3,280+2.04%
1995$7,800,000,0001.8%$2,840+2.06%
1994$7,631,000,0002.8%$2,835+2.08%
1993$7,156,000,0005.5%$2,715+2.10%
1992$6,553,000,0008.2%$2,538+2.12%
1991$5,764,000,0009.4%$2,281+2.15%
1990$5,242,000,0008.1%$2,119+2.15%
1989$4,822,000,0001.6%$1,989+2.17%
1988$4,809,000,000−13.4%$2,026+2.21%
1987$5,563,000,000−1.8%$2,394+2.25%
1986$5,539,000,0003.6%$2,435+2.29%
1985$5,330,000,0004.9%$2,395+2.33%
1984$5,038,000,0002.7%$2,315+2.36%
1983$4,827,000,000−4.5%$2,269+2.38%
1982$4,701,000,0005.3%$2,262+2.39%
1981$4,255,000,0009.2%$2,096+2.40%
1980$3,759,000,0004.5%$1,897+2.41%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2026$217,782,000,000$47,1297.2%+1.19%
2025$200,659,000,000$43,9515.8%+1.23%
2024$187,362,000,000$41,5484.1%+1.27%
2023$177,796,000,000$39,9299.8%+1.32%
2022$159,912,000,000$36,38117.4%+1.27%
2021$134,415,000,000$30,99014.3%+1.21%
2020$115,991,000,000$27,110−18.7%+1.38%
2019$140,760,000,000$33,3652.6%+1.60%
2018$135,303,000,000$32,534−3%+1.69%
2017$137,443,000,000$33,5386%+1.73%
2016$127,691,000,000$31,6304%+1.74%
2015$120,958,000,000$30,4274.6%+1.75%
2014$113,850,000,000$29,0934.7%+1.75%
2013$106,953,000,000$27,7756.4%+1.76%
2012$98,908,000,000$26,1149.8%+1.78%
2011$88,573,000,000$23,78612.3%+1.79%
2010$77,547,000,000$21,1775.5%+1.80%
2009$72,230,000,000$20,0640.5%+1.82%
2008$70,648,000,000$19,96810.3%+1.84%
2007$62,899,000,000$18,09614.1%+1.85%
2006$54,121,000,000$15,85511.2%+1.87%
2005$47,791,000,000$14,2629.6%+1.90%
2004$42,796,000,000$13,0139%+1.92%
2003$38,526,000,000$11,9405.1%+1.93%
2002$35,948,000,000$11,3602.1%+1.95%
2001$34,531,000,000$11,1311.2%+1.97%
2000$33,453,000,000$11,0024.4%+1.98%
1999$31,391,000,000$10,5344.6%+2.00%
1998$29,420,000,000$10,0737.4%+2.02%
1997$26,841,000,000$9,3797.4%+2.03%
1996$24,498,000,000$8,7377.1%+2.04%
1995$22,406,000,000$8,1571.8%+2.06%
1994$21,568,000,000$8,0142.9%+2.08%
1993$20,532,000,000$7,7895.7%+2.10%
1992$19,019,000,000$7,3678.4%+2.12%
1991$17,185,000,000$6,80010.7%+2.15%
1990$15,192,000,000$6,1409.9%+2.15%
1989$13,547,000,000$5,5893.4%+2.17%
1988$12,835,000,000$5,407−12.2%+2.21%
1987$14,313,000,000$6,159−1.5%+2.25%
1986$14,224,000,000$6,2543.4%+2.29%
1985$13,463,000,000$6,0515.9%+2.33%
1984$12,436,000,000$5,7154%+2.36%
1983$11,686,000,000$5,494−3%+2.38%
1982$11,775,000,000$5,6659.2%+2.39%
1981$10,526,000,000$5,18616.7%+2.40%
1980$8,806,000,000$4,444–+2.41%
YearGDP Nominal (Current USD)GDP Real (Constant, Inflation Adjusted)Pop. Change
2025$90,462,600,000$80,682,556,211+1.23%
2024$86,523,959,100$77,318,946,519+1.27%
2023$83,812,155,200$75,251,163,819+1.32%
2022$76,479,304,500$70,219,029,319+1.27%
2021$67,396,392,500$63,238,394,459+1.21%
2020$57,059,846,500$54,297,264,369+1.38%
2019$69,778,991,200$66,072,040,232+1.60%
2018$67,316,471,200$64,083,556,966+1.69%
2017$64,327,688,800$61,667,283,244+1.73%
2016$59,760,858,700$58,317,491,836+1.74%
2015$55,767,806,100$55,767,806,100+1.75%
2014$51,427,104,900$52,977,523,790+1.75%
2013$46,949,496,500$50,635,232,251+1.76%
2012$41,595,439,700$47,623,362,287+1.78%
2011$35,687,738,300$43,441,154,828+1.79%
2010$30,231,009,500$38,818,327,826+1.80%
2009$27,791,215,500$36,595,725,406+1.82%
2008$25,721,328,000$36,015,209,193+1.84%
2007$21,717,433,800$32,682,439,460+1.85%
2006$18,659,721,500$28,883,388,489+1.87%
2005$16,623,906,700$26,291,748,117+1.90%
2004$15,100,203,400$24,282,115,702+1.92%
2003$13,603,456,000$22,446,932,329+1.93%
2002$12,800,851,300$21,358,328,178+1.95%
2001$12,252,906,300$20,835,595,644+1.97%
2000$11,966,497,000$20,639,538,981+1.98%
1999$11,660,704,800$19,805,907,259+2.00%
1998$11,019,557,700$18,824,824,096+2.02%
1997$10,058,854,400$17,368,081,133+2.03%
1996$9,197,503,300$16,124,998,545+2.04%
1995$9,573,813,700$15,492,932,940+2.06%
1994$9,365,289,800$15,226,218,483+2.08%
1993$8,782,585,400$14,804,274,862+2.10%
1992$8,042,337,700$14,038,376,851+2.12%
1991$7,074,675,500$12,974,268,895+2.15%
1990$6,433,967,000$11,857,417,979+2.15%
1989$5,918,469,800$10,969,036,481+2.17%
1988$5,902,783,400$10,800,308,978+2.21%
1987$6,827,665,300$12,468,586,354+2.25%
1986$6,797,834,200$12,698,305,750+2.29%
1985$6,541,517,100$12,260,864,084+2.33%
1984$6,183,387,100$11,683,441,125+2.36%
1983$5,923,755,900$11,375,232,192+2.38%
1982$5,769,767,900$11,910,160,913+2.39%
1981$5,222,421,500$11,305,491,619+2.40%
1980$4,614,086,400$10,352,368,754+2.41%
1979$3,704,551,600$9,154,544,103+2.42%
1978$3,244,558,600$8,759,092,864+2.46%
1977$2,738,261,900$7,977,850,383+2.51%
1976$2,588,106,000$7,891,515,164+2.57%
1975$2,435,304,100$7,762,314,440+2.63%
1974$2,188,307,600$7,629,491,145+2.69%
1973$1,913,793,400$7,447,160,849+2.75%
1972$1,673,411,700$7,068,010,823+2.80%
1971$1,523,917,200$6,758,291,017+2.84%
1970$1,351,006,400$6,165,416,120+2.87%
1969$1,221,305,700$5,764,267,698+2.90%
1968$1,112,791,100$5,315,560,546+2.94%
1967$1,034,376,400$4,968,863,621+2.98%
1966$928,833,000$4,577,364,763+3.02%
1965$852,485,300$4,254,791,890+3.05%
1964$776,137,500$3,897,756,025+3.08%
1963$722,784,500$3,732,334,111+3.08%
1962$652,120,900$3,438,709,933+3.05%
1961$599,026,300$3,176,791,809+3.01%
1960$537,147,100$2,863,868,501+2.94%

Panama GDP Projections (IMF)

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2027$102,708,000,0004.2%$21,960+1.16%
2028$109,581,000,0004.6%$23,148+1.12%
2029$117,086,000,0004.8%$24,437+1.09%
2030$124,922,000,0004.6%$25,760+1.06%
2031$133,205,000,0004.5%$27,139+1.02%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2027$234,070,000,000$50,046−5.2%+1.16%
2028$249,903,000,000$52,791−5.2%+1.12%
2029$266,755,000,000$55,675−5%+1.09%
2030$284,221,000,000$58,609−4.8%+1.06%
2031$302,257,000,000$61,581–+1.02%

Sources:

IMF, World Economic Outlook (October 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Panama