Panama - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Panama was 12,420.00 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 14,920.00 in 2019 and 490.00 in 1962.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

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

See also:

Year Value
1962 490.00
1963 530.00
1964 550.00
1965 590.00
1966 630.00
1967 670.00
1968 710.00
1969 770.00
1970 810.00
1971 890.00
1972 960.00
1973 1,090.00
1974 1,220.00
1975 1,370.00
1976 1,350.00
1977 1,550.00
1978 1,790.00
1979 2,020.00
1980 2,260.00
1981 2,470.00
1982 2,630.00
1983 2,540.00
1984 2,570.00
1985 2,840.00
1986 2,910.00
1987 3,260.00
1988 2,750.00
1989 2,560.00
1990 2,640.00
1991 2,730.00
1992 3,010.00
1993 3,240.00
1994 3,410.00
1995 3,410.00
1996 3,570.00
1997 3,610.00
1998 3,680.00
1999 3,750.00
2000 3,880.00
2001 3,830.00
2002 3,940.00
2003 4,040.00
2004 4,460.00
2005 4,790.00
2006 5,100.00
2007 5,770.00
2008 6,540.00
2009 6,900.00
2010 7,260.00
2011 8,550.00
2012 9,540.00
2013 10,630.00
2014 11,190.00
2015 12,200.00
2016 12,780.00
2017 13,750.00
2018 14,490.00
2019 14,920.00
2020 12,420.00

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Panama was 12,122.79 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 14,714.00 in 2019 and a minimum value of 420.98 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

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

Year Value
1960 420.98
1961 459.12
1962 487.33
1963 525.67
1964 551.57
1965 579.28
1966 613.70
1967 659.97
1968 689.06
1969 736.82
1970 793.34
1971 870.02
1972 929.26
1973 1,031.64
1974 1,140.88
1975 1,264.61
1976 1,285.74
1977 1,511.84
1978 1,757.38
1979 1,937.53
1980 2,131.62
1981 2,322.66
1982 2,625.86
1983 2,751.71
1984 2,708.38
1985 2,879.42
1986 2,813.42
1987 3,021.35
1988 2,455.03
1989 2,336.12
1990 2,500.49
1991 2,632.57
1992 2,966.42
1993 3,231.30
1994 3,406.33
1995 3,324.46
1996 3,440.73
1997 3,601.27
1998 3,797.04
1999 3,850.02
2000 3,875.45
2001 3,855.44
2002 4,039.77
2003 4,015.29
2004 4,280.04
2005 4,566.51
2006 4,965.30
2007 5,803.01
2008 6,725.66
2009 7,171.58
2010 7,447.51
2011 8,841.88
2012 9,996.04
2013 11,131.06
2014 11,680.01
2015 12,760.73
2016 13,319.19
2017 14,230.88
2018 14,456.68
2019 14,714.00
2020 12,122.79

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in Panama was 14,076 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 14,076 in 2019 and 2,426 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1960 2,426
1961 2,629
1962 2,771
1963 2,926
1964 2,983
1965 3,112
1966 3,255
1967 3,408
1968 3,537
1969 3,733
1970 3,888
1971 4,134
1972 4,198
1973 4,303
1974 4,283
1975 4,342
1976 4,231
1977 4,741
1978 5,108
1979 5,155
1980 5,176
1981 5,436
1982 5,857
1983 5,696
1984 5,527
1985 5,820
1986 5,660
1987 5,945
1988 4,837
1989 4,658
1990 4,963
1991 5,198
1992 5,569
1993 5,859
1994 5,959
1995 5,792
1996 6,056
1997 6,233
1998 6,506
1999 6,544
2000 6,676
2001 6,571
2002 6,770
2003 6,635
2004 6,949
2005 7,273
2006 7,760
2007 8,672
2008 9,350
2009 9,348
2010 9,455
2011 10,617
2012 11,299
2013 11,911
2014 11,978
2015 12,761
2016 13,048
2017 13,723
2018 13,850
2019 14,076

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Panama was 1.64 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 12.29 in 2011 and a minimum value of -18.64 in 1988.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

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

See also:

Year Value
1961 8.37
1962 5.42
1963 5.59
1964 1.95
1965 4.30
1966 4.60
1967 4.71
1968 3.79
1969 5.53
1970 4.17
1971 6.31
1972 1.55
1973 2.51
1974 -0.47
1975 1.37
1976 -2.57
1977 12.07
1978 7.72
1979 0.92
1980 0.41
1981 5.03
1982 7.74
1983 -2.75
1984 -2.97
1985 5.30
1986 -2.74
1987 5.04
1988 -18.64
1989 -3.71
1990 6.56
1991 4.73
1992 7.13
1993 5.21
1994 1.71
1995 -2.81
1996 4.56
1997 2.91
1998 4.38
1999 0.59
2000 2.01
2001 -1.57
2002 3.03
2003 -2.00
2004 4.73
2005 4.66
2006 6.70
2007 11.76
2008 7.82
2009 -0.03
2010 1.15
2011 12.29
2012 6.42
2013 5.42
2014 0.56
2015 6.53
2016 2.25
2017 5.18
2018 0.92
2019 1.64

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Panama was 9,418 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 9,418 in 2019 and a minimum value of 1,623 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

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

Year Value
1960 1,623
1961 1,759
1962 1,854
1963 1,958
1964 1,996
1965 2,082
1966 2,178
1967 2,280
1968 2,367
1969 2,498
1970 2,602
1971 2,766
1972 2,809
1973 2,879
1974 2,866
1975 2,905
1976 2,831
1977 3,172
1978 3,417
1979 3,449
1980 3,463
1981 3,637
1982 3,918
1983 3,811
1984 3,698
1985 3,894
1986 3,787
1987 3,977
1988 3,236
1989 3,116
1990 3,321
1991 3,478
1992 3,726
1993 3,920
1994 3,987
1995 3,875
1996 4,052
1997 4,170
1998 4,353
1999 4,378
2000 4,467
2001 4,396
2002 4,530
2003 4,439
2004 4,649
2005 4,866
2006 5,192
2007 5,802
2008 6,256
2009 6,254
2010 6,326
2011 7,103
2012 7,559
2013 7,969
2014 8,014
2015 8,537
2016 8,729
2017 9,182
2018 9,266
2019 9,418

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Panama was 25,950 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 30,570 in 2019 and 4,840 in 1990.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 4,840
1991 5,240
1992 5,750
1993 6,190
1994 6,430
1995 6,380
1996 6,790
1997 7,120
1998 7,510
1999 7,660
2000 7,990
2001 8,040
2002 8,410
2003 8,420
2004 9,040
2005 9,780
2006 10,740
2007 12,300
2008 13,510
2009 13,640
2010 13,960
2011 15,990
2012 17,410
2013 19,480
2014 20,900
2015 23,700
2016 25,840
2017 28,610
2018 29,560
2019 30,570
2020 25,950

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in Panama was 29,342 as of 2019. Over the past 29 years, the value for this indicator has fluctuated between 29,342 in 2019 and 10,346 in 1990.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 10,346
1991 10,835
1992 11,608
1993 12,213
1994 12,423
1995 12,074
1996 12,624
1997 12,992
1998 13,562
1999 13,642
2000 13,916
2001 13,697
2002 14,113
2003 13,830
2004 14,485
2005 15,160
2006 16,175
2007 18,077
2008 19,491
2009 19,486
2010 19,709
2011 22,131
2012 23,552
2013 24,829
2014 24,968
2015 26,600
2016 27,198
2017 28,606
2018 28,869
2019 29,342

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts