Panama Live GDP
$55,824,804,138
GDP Added Today
$112,102,768
Panama GDP (2026)
LivePanama’s economy is closely connected to global commerce through the Panama Canal, international shipping, ports, aviation, banking, and logistics. Construction, tourism, retail, and business services further support its role as a major transportation and financial gateway in the Americas. This page offers the latest Panama GDP data, historical trends, and economic outlook for 2026.
GDP Growth Rate (2026)
3.80%
vs 2025
▼ −0.50%
GDP Per Capita (2026)
$20,564
vs 2025
▲ +$750
Global Rank (Nominal)
#85
of 218 countries
World Share
0.08%
of 2026 World GDP
Years Covered
1980–2026
47 years
Panama GDP Growth (1980–2026)
Annual real GDP growth rate (%)
Historical Highlights
1980–2026 GDP performance summary
Highest GDP
$95.02B
Lowest GDP
$3.76B
Average Growth
4.88%
1980–2026
Best Growth
16.50%
Weakest Growth
-17.80%
Share of World GDP (2026)
Panama
0.08%
United States
25.58%
China
16.47%
Germany
4.31%
Japan
3.46%
Rest of World
50.11%
Key Findings
✓
Panama's GDP in 2026 is $95.02B.
✓
It ranks #85 among 218 countries.
✓
Panama contributes 0.08% to the world economy.
✓
GDP per capita is $20,564 in 2026.
✓
The economy recorded GDP growth of 3.80% in 2026.
Historical Data
Panama GDP Historical Data (1980–2026)
| 2026 | $95,024,000,000 | 3.80% | $20,564 | 0.08% | #84 |
| 2025 | $90,463,000,000 | 4.30% | $19,814 | 0.08% | #83 |
| 2024 | $86,524,000,000 | 2.70% | $19,187 | 0.08% | #79 |
| 2023 | $83,812,000,000 | 7.20% | $18,822 | 0.08% | #77 |
| 2022 | $76,479,000,000 | 11.00% | $17,400 | 0.07% | #75 |
| 2021 | $67,396,000,000 | 16.50% | $15,538 | 0.07% | #79 |
| 2020 | $57,060,000,000 | -17.80% | $13,336 | 0.07% | #82 |
| 2019 | $69,779,000,000 | 3.10% | $16,540 | 0.08% | #75 |
| 2018 | $67,316,000,000 | 3.90% | $16,187 | 0.08% | #75 |
| 2017 | $64,328,000,000 | 5.70% | $15,697 | 0.08% | #77 |
| 2016 | $59,761,000,000 | 4.60% | $14,803 | 0.08% | #76 |
| 2015 | $55,768,000,000 | 5.30% | $14,028 | 0.07% | #79 |
| 2014 | $51,427,000,000 | 4.60% | $13,142 | 0.06% | #85 |
| 2013 | $46,949,000,000 | 6.30% | $12,192 | 0.06% | #87 |
| 2012 | $41,595,000,000 | 9.60% | $10,982 | 0.05% | #91 |
| 2011 | $35,688,000,000 | 11.90% | $9,584 | 0.05% | #90 |
| 2010 | $30,231,000,000 | 6.10% | $8,256 | 0.05% | #91 |
| 2009 | $27,791,000,000 | 1.60% | $7,720 | 0.05% | #93 |
| 2008 | $25,721,000,000 | 10.20% | $7,270 | 0.04% | #96 |
| 2007 | $21,717,000,000 | 13.20% | $6,248 | 0.04% | #98 |
| 2006 | $18,660,000,000 | 9.90% | $5,467 | 0.04% | #95 |
| 2005 | $16,624,000,000 | 8.30% | $4,961 | 0.03% | #93 |
| 2004 | $15,100,000,000 | 8.20% | $4,591 | 0.03% | #90 |
| 2003 | $13,603,000,000 | 5.10% | $4,216 | 0.03% | #91 |
| 2002 | $12,801,000,000 | 2.50% | $4,045 | 0.04% | #90 |
| 2001 | $12,253,000,000 | 0.90% | $3,950 | 0.04% | #91 |
| 2000 | $11,966,000,000 | 4.20% | $3,935 | 0.03% | #88 |
| 1999 | $11,661,000,000 | 5.20% | $3,913 | 0.04% | #86 |
| 1998 | $11,020,000,000 | 8.40% | $3,773 | 0.03% | #88 |
| 1997 | $10,059,000,000 | 7.70% | $3,515 | 0.03% | #91 |
| 1996 | $9,198,000,000 | 7.40% | $3,280 | 0.03% | #90 |
| 1995 | $7,800,000,000 | 1.80% | $2,840 | 0.02% | #90 |
| 1994 | $7,631,000,000 | 2.80% | $2,835 | 0.03% | #90 |
| 1993 | $7,156,000,000 | 5.50% | $2,715 | 0.03% | #87 |
| 1992 | $6,553,000,000 | 8.20% | $2,538 | 0.03% | #86 |
| 1991 | $5,764,000,000 | 9.40% | $2,281 | 0.02% | #83 |
| 1990 | $5,242,000,000 | 8.10% | $2,119 | 0.02% | #84 |
| 1989 | $4,822,000,000 | 1.60% | $1,989 | 0.02% | #87 |
| 1988 | $4,809,000,000 | -13.40% | $2,026 | 0.02% | #86 |
| 1987 | $5,563,000,000 | -1.80% | $2,394 | 0.03% | #82 |
| 1986 | $5,539,000,000 | 3.60% | $2,435 | 0.04% | #81 |
| 1985 | $5,330,000,000 | 4.90% | $2,395 | 0.04% | #80 |
| 1984 | $5,038,000,000 | 2.70% | $2,315 | 0.04% | #80 |
| 1983 | $4,827,000,000 | -4.50% | $2,269 | 0.04% | #81 |
| 1982 | $4,701,000,000 | 5.30% | $2,262 | 0.04% | #82 |
| 1981 | $4,255,000,000 | 9.20% | $2,096 | 0.04% | #84 |
| 1980 | $3,759,000,000 | 4.50% | $1,897 | 0.03% | #92 |
Panama GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $101,325,000,000 | 4.50% | $21,664 | 0.08% | #81 |
| 2028 | $108,043,000,000 | 4.50% | $22,824 | 0.08% | #81 |
| 2029 | $115,443,000,000 | 4.80% | $24,094 | 0.08% | #81 |
| 2030 | $123,098,000,000 | 4.50% | $25,692 | 0.08% | #81 |
| 2031 | $131,260,000,000 | 4.50% | $27,396 | 0.08% | #81 |
Panama Economy Overview
Panama has a service-centered economy organized around its role as a global transportation and commercial hub. The Panama Canal generates activity in shipping, ports, warehousing, ship services, logistics, and international trade. The Colón Free Trade Zone further supports wholesale commerce and the redistribution of goods across Latin America and the Caribbean.
Banking, insurance, aviation, telecommunications, construction, tourism, and real estate make substantial contributions to national output. Panama City serves as a regional headquarters location for many multinational companies. Agriculture produces bananas, coffee, sugarcane, rice, and seafood, although it represents a smaller share of the economy. Canal capacity, water availability, infrastructure quality, and international trade flows are central to Panama’s economic performance.
Panama GDP Outlook
Panama’s future growth will be strongly influenced by global trade, canal operations, logistics, banking, construction, and international business services. Port expansion, aviation, warehousing, tourism, and digital connectivity could deepen its role as a commercial gateway. Projects that improve water management and transport infrastructure will be especially important for canal reliability. Risks include prolonged drought, weaker shipping activity, fiscal pressures, inequality, reduced construction demand, and changes in international financial regulations.