Panama: Gross Domestic Product (GDP)

* indicates monthly or quarterly data series
 Panama

GDP, billion currency units

 Latest value 20.31
 Reference Q3 2023
 Measure billion Panamanian Balboa
 Data availability Q1 2013 - Q3 2023
 Average 15.46
 Min - Max 10.37 - 21.58
 Source National Institute of Statistics and Census of Panama
For that indicator, we provide data for Panama from Q1 2013 to Q3 2023. The average value for Panama during that period was 15.46 billion Panamanian Balboa with a minimum of 10.37 billion Panamanian Balboa in Q2 2020 and a maximum of 21.58 billion Panamanian Balboa in Q4 2022. Click on the following link to see the values of GDP, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Panama - Gross Domestic Product (GDP) - recent values

Historical chart
Panama - Gross Domestic Product (GDP) - historical chart - 2013-2023
Measure: billion Panamanian Balboa
Source: National Institute of Statistics and Census of Panama


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Definition: The Gross Domestic Product (GDP) is the sum of the 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. The data are in billion local currency units using current prices.

 Related indicators Latest value Reference Measure
 Economic growth 10.81 2022 percent
 GDP, constant dollars 67.8 2022 billion U.S. dollars
 GDP, current U.S. dollars 76.52 2022 billion U.S. dollars
 GDP per capita, current dollars 17,357.63 2022 U.S. dollars
 GDP per capita, PPP 33,266 2022 U.S. dollars
 GDP per capita, constant dollars 15,388.06 2022 U.S. dollars
 Economic growth, quarterly 9.03 Q3/2023 percent
 Gross Domestic Product (GDP) 20.31 Q3/2023 billion
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