Panama - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Panama was $12,986,410,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $26,933,380,000 in 2018 and $114,487,400 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $114,487,400
1961 $149,272,700
1962 $167,003,000
1963 $185,408,800
1964 $172,575,400
1965 $195,540,400
1966 $265,448,700
1967 $284,361,100
1968 $324,043,300
1969 $375,376,900
1970 $465,210,600
1971 $572,554,300
1972 $658,625,700
1973 $794,768,900
1974 $909,967,000
1975 $928,457,700
1976 $1,012,565,000
1977 $803,277,900
1978 $1,066,401,000
1979 $1,285,670,000
1980 $1,629,301,000
1981 $1,860,689,000
1982 $1,950,901,000
1983 $1,331,128,000
1984 $1,151,768,000
1985 $1,250,804,000
1986 $1,471,847,000
1987 $1,576,816,000
1988 $557,248,300
1989 $457,603,800
1990 $1,360,185,000
1991 $1,705,517,000
1992 $2,393,292,000
1993 $2,727,976,000
1994 $3,154,545,000
1995 $3,642,271,000
1996 $3,989,079,000
1997 $4,144,173,000
1998 $4,761,829,000
1999 $4,729,818,000
2000 $4,489,734,000
2001 $3,333,169,000
2002 $3,093,725,000
2003 $3,932,099,000
2004 $4,244,528,000
2005 $4,543,993,000
2006 $5,337,712,000
2007 $7,676,000,000
2008 $10,648,000,000
2009 $8,523,200,000
2010 $11,250,000,000
2011 $13,401,900,000
2012 $17,663,300,000
2013 $20,067,600,000
2014 $22,119,500,000
2015 $23,127,300,000
2016 $23,452,300,000
2017 $25,957,850,000
2018 $26,933,380,000
2019 $25,656,660,000
2020 $12,986,410,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Panama was 12,986,410,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 26,933,380,000 in 2018 and a minimum value of 114,487,400 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

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

Year Value
1960 114,487,400
1961 149,272,700
1962 167,003,000
1963 185,408,800
1964 172,575,400
1965 195,540,400
1966 265,448,700
1967 284,361,100
1968 324,043,300
1969 375,376,900
1970 465,210,600
1971 572,554,300
1972 658,625,700
1973 794,768,900
1974 909,967,000
1975 928,457,700
1976 1,012,565,000
1977 803,277,900
1978 1,066,401,000
1979 1,285,670,000
1980 1,629,301,000
1981 1,860,689,000
1982 1,950,901,000
1983 1,331,128,000
1984 1,151,768,000
1985 1,250,804,000
1986 1,471,847,000
1987 1,576,816,000
1988 557,248,300
1989 457,603,800
1990 1,360,185,000
1991 1,705,517,000
1992 2,393,292,000
1993 2,727,976,000
1994 3,154,545,000
1995 3,642,271,000
1996 3,989,079,000
1997 4,144,173,000
1998 4,761,829,000
1999 4,729,818,000
2000 4,489,734,000
2001 3,333,169,000
2002 3,093,725,000
2003 3,932,099,000
2004 4,244,528,000
2005 4,543,993,000
2006 5,337,712,000
2007 7,676,000,000
2008 10,648,000,000
2009 8,523,200,000
2010 11,250,000,000
2011 13,401,900,000
2012 17,663,300,000
2013 20,067,600,000
2014 22,119,500,000
2015 23,127,300,000
2016 23,452,300,000
2017 25,957,850,000
2018 26,933,380,000
2019 25,656,660,000
2020 12,986,410,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Panama was 24,748,870,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 25,422,590,000 in 2018 and 571,501,800 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. 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 571,501,800
1961 725,756,700
1962 817,635,400
1963 918,786,200
1964 837,865,500
1965 950,817,200
1966 1,266,070,000
1967 1,336,033,000
1968 1,513,047,000
1969 1,732,207,000
1970 2,041,560,000
1971 2,505,453,000
1972 2,868,093,000
1973 2,977,244,000
1974 2,826,444,000
1975 2,726,627,000
1976 2,700,776,000
1977 1,877,833,000
1978 2,345,316,000
1979 2,528,432,000
1980 2,980,835,000
1981 3,282,772,000
1982 3,251,082,000
1983 2,035,729,000
1984 1,955,365,000
1985 1,875,508,000
1986 2,412,453,000
1987 2,472,283,000
1988 945,105,800
1989 686,773,400
1990 2,473,551,000
1991 2,733,658,000
1992 3,789,803,000
1993 4,311,284,000
1994 4,928,594,000
1995 5,460,723,000
1996 5,868,130,000
1997 6,116,059,000
1998 6,784,503,000
1999 7,024,898,000
2000 6,377,645,000
2001 4,835,444,000
2002 4,572,917,000
2003 5,443,613,000
2004 5,980,675,000
2005 6,150,906,000
2006 6,983,693,000
2007 9,700,828,000
2008 12,436,040,000
2009 9,774,760,000
2010 12,986,300,000
2011 14,776,200,000
2012 18,523,200,000
2013 20,469,810,000
2014 21,727,530,000
2015 23,127,300,000
2016 23,019,250,000
2017 24,912,150,000
2018 25,422,590,000
2019 24,748,870,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Panama was -2.65 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 260.17 in 1990 and a minimum value of -61.77 in 1988.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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

See also:

Year Value
1961 26.99
1962 12.66
1963 12.37
1964 -8.81
1965 13.48
1966 33.16
1967 5.53
1968 13.25
1969 14.48
1970 17.86
1971 22.72
1972 14.47
1973 3.81
1974 -5.07
1975 -3.53
1976 -0.95
1977 -30.47
1978 24.89
1979 7.81
1980 17.89
1981 10.13
1982 -0.97
1983 -37.38
1984 -3.95
1985 -4.08
1986 28.63
1987 2.48
1988 -61.77
1989 -27.33
1990 260.17
1991 10.52
1992 38.63
1993 13.76
1994 14.32
1995 10.80
1996 7.46
1997 4.23
1998 10.93
1999 3.54
2000 -9.21
2001 -24.18
2002 -5.43
2003 19.04
2004 9.87
2005 2.85
2006 13.54
2007 38.91
2008 28.20
2009 -21.40
2010 32.86
2011 13.78
2012 25.36
2013 10.51
2014 6.14
2015 6.44
2016 -0.47
2017 8.22
2018 2.05
2019 -2.65

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Panama was 19,583,100,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 20,116,200,000 in 2018 and a minimum value of 452,213,800 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

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

Year Value
1960 452,213,800
1961 574,271,400
1962 646,972,500
1963 727,010,400
1964 662,980,100
1965 752,355,700
1966 1,001,807,000
1967 1,057,166,000
1968 1,197,233,000
1969 1,370,648,000
1970 1,615,430,000
1971 1,982,496,000
1972 2,269,444,000
1973 2,355,812,000
1974 2,236,487,000
1975 2,157,506,000
1976 2,137,050,000
1977 1,485,878,000
1978 1,855,784,000
1979 2,000,679,000
1980 2,358,653,000
1981 2,597,567,000
1982 2,572,493,000
1983 1,610,817,000
1984 1,547,227,000
1985 1,484,038,000
1986 1,908,908,000
1987 1,956,250,000
1988 747,836,400
1989 543,425,000
1990 1,957,253,000
1991 2,163,068,000
1992 2,998,767,000
1993 3,411,401,000
1994 3,899,862,000
1995 4,320,921,000
1996 4,643,291,000
1997 4,839,470,000
1998 5,368,391,000
1999 5,558,609,000
2000 5,046,456,000
2001 3,826,155,000
2002 3,618,424,000
2003 4,307,382,000
2004 4,732,345,000
2005 4,867,043,000
2006 5,526,006,000
2007 7,676,000,000
2008 9,840,300,000
2009 7,734,500,000
2010 10,275,700,000
2011 11,692,000,000
2012 14,656,900,000
2013 16,197,200,000
2014 17,192,400,000
2015 18,300,000,000
2016 18,214,500,000
2017 19,712,300,000
2018 20,116,200,000
2019 19,583,100,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Panama was 24.06 as of 2020. Its highest value over the past 60 years was 44.31 in 2014, while its lowest value was 7.73 in 1989.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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

See also:

Year Value
1960 21.31
1961 24.92
1962 25.61
1963 25.65
1964 22.24
1965 22.94
1966 28.58
1967 27.49
1968 29.12
1969 30.74
1970 34.43
1971 37.57
1972 39.36
1973 41.53
1974 41.58
1975 38.12
1976 39.12
1977 29.34
1978 32.87
1979 34.71
1980 35.31
1981 35.63
1982 33.81
1983 22.47
1984 18.63
1985 19.12
1986 21.65
1987 23.09
1988 9.44
1989 7.73
1990 21.14
1991 24.11
1992 29.76
1993 31.06
1994 33.68
1995 38.04
1996 40.41
1997 38.81
1998 41.14
1999 38.99
2000 36.49
2001 26.66
2002 23.81
2003 28.71
2004 28.27
2005 27.75
2006 29.42
2007 36.04
2008 42.33
2009 31.43
2010 38.21
2011 38.64
2012 43.69
2013 44.01
2014 44.31
2015 42.76
2016 40.50
2017 41.73
2018 41.48
2019 38.30
2020 24.06

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts