Panama - GDP

GDP (current US$)

The latest value for GDP (current US$) in Panama was $42,648,100,000 as of 2013. Over the past 53 years, the value for this indicator has fluctuated between $42,648,100,000 in 2013 and $415,800,000 in 1960.

Definition: GDP at purchaser's prices 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 current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $415,800,000
1961 $463,700,000
1962 $504,800,000
1963 $559,500,000
1964 $600,800,000
1965 $659,900,000
1966 $719,000,000
1967 $800,700,000
1968 $861,400,000
1969 $945,400,000
1970 $1,016,300,000
1971 $1,146,700,000
1972 $1,260,000,000
1973 $1,441,200,000
1974 $1,647,100,000
1975 $1,844,800,000
1976 $1,959,300,000
1977 $2,077,400,000
1978 $2,463,000,000
1979 $2,819,100,000
1980 $3,810,300,000
1981 $4,312,700,000
1982 $4,764,700,000
1983 $4,891,900,000
1984 $5,106,300,000
1985 $5,402,000,000
1986 $5,613,700,000
1987 $5,638,300,000
1988 $4,874,500,000
1989 $4,887,500,000
1990 $5,313,200,000
1991 $5,842,300,000
1992 $6,641,400,000
1993 $7,252,700,000
1994 $7,733,900,000
1995 $7,906,100,000
1996 $9,322,100,000
1997 $10,084,000,000
1998 $10,932,500,000
1999 $11,456,300,000
2000 $11,620,500,000
2001 $11,807,500,000
2002 $12,272,400,000
2003 $12,933,200,000
2004 $14,179,300,000
2005 $15,464,700,000
2006 $17,137,000,000
2007 $21,121,900,000
2008 $24,884,000,000
2009 $25,925,100,000
2010 $28,814,100,000
2011 $33,270,500,000
2012 $37,956,200,000
2013 $42,648,100,000

GDP (current LCU)

The value for GDP (current LCU) in Panama was 42,648,100,000 as of 2013. As the graph below shows, over the past 53 years this indicator reached a maximum value of 42,648,100,000 in 2013 and a minimum value of 415,800,000 in 1960.

Definition: GDP at purchaser's prices 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 current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 415,800,000
1961 463,700,000
1962 504,800,000
1963 559,500,000
1964 600,800,000
1965 659,900,000
1966 719,000,000
1967 800,700,000
1968 861,400,000
1969 945,400,000
1970 1,016,300,000
1971 1,146,700,000
1972 1,260,000,000
1973 1,441,200,000
1974 1,647,100,000
1975 1,844,800,000
1976 1,959,300,000
1977 2,077,400,000
1978 2,463,000,000
1979 2,819,100,000
1980 3,810,300,000
1981 4,312,700,000
1982 4,764,700,000
1983 4,891,900,000
1984 5,106,300,000
1985 5,402,000,000
1986 5,613,700,000
1987 5,638,300,000
1988 4,874,500,000
1989 4,887,500,000
1990 5,313,200,000
1991 5,842,300,000
1992 6,641,400,000
1993 7,252,700,000
1994 7,733,900,000
1995 7,906,100,000
1996 9,322,100,000
1997 10,084,000,000
1998 10,932,500,000
1999 11,456,300,000
2000 11,620,500,000
2001 11,807,500,000
2002 12,272,400,000
2003 12,933,200,000
2004 14,179,300,000
2005 15,464,700,000
2006 17,137,000,000
2007 21,121,900,000
2008 24,884,000,000
2009 25,925,100,000
2010 28,814,100,000
2011 33,270,500,000
2012 37,956,200,000
2013 42,648,100,000

GDP (constant 2005 US$)

The latest value for GDP (constant 2005 US$) in Panama was 29,908,910,000 as of 2013. Over the past 53 years, the value for this indicator has fluctuated between 29,908,910,000 in 2013 and 2,080,118,000 in 1960.

Definition: GDP at purchaser's prices 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 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 2,080,118,000
1961 2,303,758,000
1962 2,496,463,000
1963 2,706,731,000
1964 2,829,347,000
1965 3,087,790,000
1966 3,319,971,000
1967 3,604,355,000
1968 3,854,098,000
1969 4,182,792,000
1970 4,449,937,000
1971 4,879,173,000
1972 5,102,652,000
1973 5,378,498,000
1974 5,509,814,000
1975 5,597,466,000
1976 5,689,468,000
1977 5,755,207,000
1978 6,315,759,000
1979 6,600,466,000
1980 6,672,972,000
1981 7,287,340,000
1982 7,677,100,000
1983 7,332,294,000
1984 7,530,960,000
1985 7,903,158,000
1986 8,185,125,000
1987 8,037,052,000
1988 6,961,707,000
1989 7,070,466,000
1990 7,643,103,000
1991 8,363,007,000
1992 9,048,914,000
1993 9,542,600,000
1994 9,814,578,000
1995 9,986,498,000
1996 10,267,180,000
1997 10,930,540,000
1998 11,733,000,000
1999 12,192,610,000
2000 12,523,680,000
2001 12,595,600,000
2002 12,876,350,000
2003 13,417,890,000
2004 14,427,200,000
2005 15,464,700,000
2006 16,783,490,000
2007 18,816,420,000
2008 20,537,540,000
2009 21,353,740,000
2010 22,603,330,000
2011 25,037,750,000
2012 27,603,400,000
2013 29,908,910,000

GDP (constant LCU)

The value for GDP (constant LCU) in Panama was 33,573,500,000 as of 2013. As the graph below shows, over the past 53 years this indicator reached a maximum value of 33,573,500,000 in 2013 and a minimum value of 2,334,984,000 in 1960.

Definition: 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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 2,334,984,000
1961 2,586,026,000
1962 2,802,342,000
1963 3,038,373,000
1964 3,176,012,000
1965 3,466,121,000
1966 3,726,750,000
1967 4,045,979,000
1968 4,326,322,000
1969 4,695,289,000
1970 4,995,165,000
1971 5,476,993,000
1972 5,727,854,000
1973 6,037,497,000
1974 6,184,903,000
1975 6,283,294,000
1976 6,386,569,000
1977 6,460,363,000
1978 7,089,596,000
1979 7,409,187,000
1980 7,490,577,000
1981 8,180,220,000
1982 8,617,736,000
1983 8,230,682,000
1984 8,453,690,000
1985 8,871,492,000
1986 9,188,007,000
1987 9,021,791,000
1988 7,814,689,000
1989 7,936,774,000
1990 8,579,573,000
1991 9,387,684,000
1992 10,157,630,000
1993 10,711,810,000
1994 11,017,110,000
1995 11,210,090,000
1996 11,525,160,000
1997 12,269,800,000
1998 13,170,590,000
1999 13,686,510,000
2000 14,058,150,000
2001 14,138,880,000
2002 14,454,020,000
2003 15,061,920,000
2004 16,194,890,000
2005 17,359,510,000
2006 18,839,890,000
2007 21,121,900,000
2008 23,053,900,000
2009 23,970,100,000
2010 25,372,800,000
2011 28,105,500,000
2012 30,985,500,000
2013 33,573,500,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Panama was 75,027,620,000 as of 2013. Over the past 23 years, the value for this indicator has fluctuated between 75,027,620,000 in 2013 and 12,006,320,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 12,006,320,000
1991 13,572,740,000
1992 15,020,880,000
1993 16,217,820,000
1994 17,034,340,000
1995 17,694,640,000
1996 18,523,500,000
1997 20,059,640,000
1998 21,765,880,000
1999 22,942,290,000
2000 24,102,410,000
2001 24,792,890,000
2002 25,734,360,000
2003 27,351,190,000
2004 30,216,550,000
2005 33,431,500,000
2006 37,397,540,000
2007 43,045,300,000
2008 47,889,060,000
2009 50,184,690,000
2010 53,772,710,000
2011 60,793,360,000
2012 68,228,890,000
2013 75,027,620,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Panama was 72,620,870,000 as of 2013. Over the past 23 years, the value for this indicator has fluctuated between 72,620,870,000 in 2013 and 18,557,970,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 18,557,970,000
1991 20,305,950,000
1992 21,971,380,000
1993 23,170,080,000
1994 23,830,460,000
1995 24,247,890,000
1996 24,929,400,000
1997 26,540,090,000
1998 28,488,530,000
1999 29,604,480,000
2000 30,408,350,000
2001 30,582,980,000
2002 31,264,640,000
2003 32,579,560,000
2004 35,030,220,000
2005 37,549,340,000
2006 40,751,460,000
2007 45,687,540,000
2008 49,866,540,000
2009 51,848,310,000
2010 54,882,410,000
2011 60,793,360,000
2012 67,022,920,000
2013 72,620,870,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts