Panama - GDP (current LCU)

The value for GDP (current LCU) in Panama was 53,977,040,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 66,984,430,000 in 2019 and a minimum value of 537,147,100 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 537,147,100
1961 599,026,300
1962 652,120,900
1963 722,784,500
1964 776,137,500
1965 852,485,300
1966 928,833,000
1967 1,034,376,000
1968 1,112,791,000
1969 1,221,306,000
1970 1,351,006,000
1971 1,523,917,000
1972 1,673,412,000
1973 1,913,793,000
1974 2,188,308,000
1975 2,435,304,000
1976 2,588,106,000
1977 2,738,262,000
1978 3,244,559,000
1979 3,704,552,000
1980 4,614,087,000
1981 5,222,422,000
1982 5,769,768,000
1983 5,923,756,000
1984 6,183,387,000
1985 6,541,517,000
1986 6,797,834,000
1987 6,827,665,000
1988 5,902,783,000
1989 5,918,470,000
1990 6,433,967,000
1991 7,074,676,000
1992 8,042,338,000
1993 8,782,586,000
1994 9,365,290,000
1995 9,573,813,000
1996 9,870,494,000
1997 10,677,290,000
1998 11,575,490,000
1999 12,130,250,000
2000 12,304,110,000
2001 12,502,010,000
2002 12,994,310,000
2003 13,693,980,000
2004 15,013,380,000
2005 16,374,390,000
2006 18,141,670,000
2007 21,295,980,000
2008 25,155,890,000
2009 27,116,640,000
2010 29,440,290,000
2011 34,686,220,000
2012 40,429,740,000
2013 45,599,990,000
2014 49,921,470,000
2015 54,091,710,000
2016 57,907,700,000
2017 62,202,720,000
2018 64,929,410,000
2019 66,984,430,000
2020 53,977,040,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts