Panama: GDP per capita, constant dollars

The latest value from 2023 is 16294.03 U.S. dollars, an increase from 15388.06 U.S. dollars in 2022. In comparison, the world average is 14679.80 U.S. dollars, based on data from 180 countries. Historically, the average for Panama from 1960 to 2023 is 7373.18 U.S. dollars. The minimum value, 2723.06 U.S. dollars, was reached in 1960 while the maximum of 16294.03 U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: 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 constant 2015 U.S. dollars.