Panama - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Panama was $12,509.83 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $15,774.25 in 2019 and $474.09 in 1960.

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 current U.S. dollars.

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

See also:

Year Value
1960 $474.09
1961 $513.25
1962 $542.33
1963 $583.41
1964 $608.10
1965 $648.44
1966 $686.07
1967 $742.11
1968 $775.64
1969 $827.17
1970 $889.24
1971 $974.94
1972 $1,040.81
1973 $1,157.62
1974 $1,287.96
1975 $1,395.48
1976 $1,444.75
1977 $1,489.96
1978 $1,721.78
1979 $1,918.16
1980 $2,332.13
1981 $2,577.75
1982 $2,782.29
1983 $2,791.77
1984 $2,849.05
1985 $2,947.69
1986 $2,996.62
1987 $2,945.17
1988 $2,492.14
1989 $2,446.23
1990 $2,603.85
1991 $2,803.95
1992 $3,122.09
1993 $3,339.91
1994 $3,489.15
1995 $3,494.52
1996 $3,529.85
1997 $3,741.29
1998 $3,974.66
1999 $4,082.62
2000 $4,060.32
2001 $4,046.43
2002 $4,126.23
2003 $4,267.29
2004 $4,592.15
2005 $4,916.91
2006 $5,348.88
2007 $6,166.19
2008 $7,154.27
2009 $7,576.14
2010 $8,082.02
2011 $9,358.27
2012 $10,722.26
2013 $11,889.09
2014 $12,796.07
2015 $13,630.30
2016 $14,343.98
2017 $15,146.41
2018 $15,545.00
2019 $15,774.25
2020 $12,509.83

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Panama was 12,509.83 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 15,774.25 in 2019 and a minimum value of 474.09 in 1960.

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 current local currency.

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

Year Value
1960 474.09
1961 513.25
1962 542.33
1963 583.41
1964 608.10
1965 648.44
1966 686.07
1967 742.11
1968 775.64
1969 827.17
1970 889.24
1971 974.94
1972 1,040.81
1973 1,157.62
1974 1,287.96
1975 1,395.48
1976 1,444.75
1977 1,489.96
1978 1,721.78
1979 1,918.16
1980 2,332.13
1981 2,577.75
1982 2,782.29
1983 2,791.77
1984 2,849.05
1985 2,947.69
1986 2,996.62
1987 2,945.17
1988 2,492.14
1989 2,446.23
1990 2,603.85
1991 2,803.95
1992 3,122.09
1993 3,339.91
1994 3,489.15
1995 3,494.52
1996 3,529.85
1997 3,741.29
1998 3,974.66
1999 4,082.62
2000 4,060.32
2001 4,046.43
2002 4,126.23
2003 4,267.29
2004 4,592.15
2005 4,916.91
2006 5,348.88
2007 6,166.19
2008 7,154.27
2009 7,576.14
2010 8,082.02
2011 9,358.27
2012 10,722.26
2013 11,889.09
2014 12,796.07
2015 13,630.30
2016 14,343.98
2017 15,146.41
2018 15,545.00
2019 15,774.25
2020 12,509.83

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Panama was 12,172 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 15,073 in 2019 and 2,709 in 1960.

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 2010 U.S. dollars.

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

See also:

Year Value
1960 2,709
1961 2,917
1962 3,064
1963 3,228
1964 3,272
1965 3,468
1966 3,623
1967 3,820
1968 3,970
1969 4,184
1970 4,349
1971 4,633
1972 4,711
1973 4,827
1974 4,812
1975 4,766
1976 4,721
1977 4,652
1978 4,981
1979 5,079
1980 5,607
1981 5,980
1982 6,154
1983 5,745
1984 5,769
1985 5,920
1986 5,998
1987 5,763
1988 4,886
1989 4,858
1990 5,142
1991 5,510
1992 5,840
1993 6,033
1994 6,079
1995 6,060
1996 6,179
1997 6,446
1998 6,780
1999 6,906
2000 6,955
2001 6,861
2002 6,881
2003 7,037
2004 7,427
2005 7,815
2006 8,338
2007 9,169
2008 9,894
2009 9,840
2010 10,232
2011 11,194
2012 12,080
2013 12,695
2014 13,113
2015 13,630
2016 14,062
2017 14,597
2018 14,881
2019 15,073
2020 12,172

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Panama was 8,186 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 10,136 in 2019 and a minimum value of 1,822 in 1960.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 local currency.

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

Year Value
1960 1,822
1961 1,961
1962 2,061
1963 2,171
1964 2,201
1965 2,332
1966 2,436
1967 2,569
1968 2,670
1969 2,813
1970 2,924
1971 3,116
1972 3,168
1973 3,246
1974 3,236
1975 3,205
1976 3,175
1977 3,128
1978 3,350
1979 3,416
1980 3,771
1981 4,021
1982 4,139
1983 3,863
1984 3,879
1985 3,981
1986 4,034
1987 3,876
1988 3,286
1989 3,267
1990 3,458
1991 3,706
1992 3,927
1993 4,057
1994 4,088
1995 4,075
1996 4,156
1997 4,335
1998 4,560
1999 4,644
2000 4,677
2001 4,614
2002 4,628
2003 4,732
2004 4,994
2005 5,256
2006 5,607
2007 6,166
2008 6,653
2009 6,618
2010 6,881
2011 7,528
2012 8,123
2013 8,537
2014 8,819
2015 9,166
2016 9,457
2017 9,816
2018 10,007
2019 10,136
2020 8,186

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Panama was 26,782 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 32,770 in 2019 and 5,042 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). 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 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 international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 5,042
1991 5,585
1992 6,054
1993 6,403
1994 6,589
1995 6,706
1996 6,964
1997 7,394
1998 7,865
1999 8,127
2000 8,368
2001 8,435
2002 8,594
2003 8,952
2004 9,702
2005 10,527
2006 11,571
2007 13,067
2008 14,374
2009 14,405
2010 15,154
2011 16,924
2012 18,680
2013 20,810
2014 22,897
2015 25,319
2016 27,829
2017 30,447
2018 31,784
2019 32,770
2020 26,782

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Panama was 25,390 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 31,440 in 2019 and 10,726 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). 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 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 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 10,726
1991 11,494
1992 12,181
1993 12,584
1994 12,679
1995 12,640
1996 12,889
1997 13,445
1998 14,143
1999 14,405
2000 14,508
2001 14,311
2002 14,353
2003 14,678
2004 15,491
2005 16,302
2006 17,391
2007 19,126
2008 20,637
2009 20,526
2010 21,343
2011 23,349
2012 25,196
2013 26,481
2014 27,353
2015 28,431
2016 29,332
2017 30,447
2018 31,039
2019 31,440
2020 25,390

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts