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Panama GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Panama is $95.02 billion ($95,024,000,000) as of 2026, according to the International Monetary Fund (IMF).
The GDP growth rate in 2026 is 3.8%, according to the International Monetary Fund (IMF).
GDP per Capita in Panama (with a population of 4,625,718 people) is $20,564 in 2026, an increase of $749 from $19,814 in 2025; this represents a change of 3.8% in GDP per capita.

GDP Change (%)

Gross Domestic Product (GDP) of Panama

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026 $95,024,000,000 3.8% $20,564 1.19%
2025 $90,463,000,000 4.3% $19,814 1.23%
2024 $86,524,000,000 2.7% $19,187 1.27%
2023 $83,812,000,000 7.2% $18,822 1.32%
2022 $76,479,000,000 11.0% $17,400 1.27%
2021 $67,396,000,000 16.5% $15,538 1.21%
2020 $57,060,000,000 −17.8% $13,336 1.38%
2019 $69,779,000,000 3.1% $16,540 1.6%
2018 $67,316,000,000 3.9% $16,187 1.69%
2017 $64,328,000,000 5.7% $15,697 1.73%
2016 $59,761,000,000 4.6% $14,803 1.74%
2015 $55,768,000,000 5.3% $14,028 1.75%
2014 $51,427,000,000 4.6% $13,142 1.75%
2013 $46,949,000,000 6.3% $12,192 1.76%
2012 $41,595,000,000 9.6% $10,982 1.78%
2011 $35,688,000,000 11.9% $9,584 1.79%
2010 $30,231,000,000 6.1% $8,256 1.8%
2009 $27,791,000,000 1.6% $7,720 1.82%
2008 $25,721,000,000 10.2% $7,270 1.84%
2007 $21,717,000,000 13.2% $6,248 1.85%
2006 $18,660,000,000 9.9% $5,467 1.87%
2005 $16,624,000,000 8.3% $4,961 1.9%
2004 $15,100,000,000 8.2% $4,591 1.92%
2003 $13,603,000,000 5.1% $4,216 1.93%
2002 $12,801,000,000 2.5% $4,045 1.95%
2001 $12,253,000,000 0.9% $3,950 1.97%
2000 $11,966,000,000 4.2% $3,935 1.98%
1999 $11,661,000,000 5.2% $3,913 2%
1998 $11,020,000,000 8.4% $3,773 2.02%
1997 $10,059,000,000 7.7% $3,515 2.03%
1996 $9,198,000,000 7.4% $3,280 2.04%
1995 $7,800,000,000 1.8% $2,840 2.06%
1994 $7,631,000,000 2.8% $2,835 2.08%
1993 $7,156,000,000 5.5% $2,715 2.1%
1992 $6,553,000,000 8.2% $2,538 2.12%
1991 $5,764,000,000 9.4% $2,281 2.15%
1990 $5,242,000,000 8.1% $2,119 2.15%
1989 $4,822,000,000 1.6% $1,989 2.17%
1988 $4,809,000,000 −13.4% $2,026 2.21%
1987 $5,563,000,000 −1.8% $2,394 2.25%
1986 $5,539,000,000 3.6% $2,435 2.29%
1985 $5,330,000,000 4.9% $2,395 2.33%
1984 $5,038,000,000 2.7% $2,315 2.36%
1983 $4,827,000,000 −4.5% $2,269 2.38%
1982 $4,701,000,000 5.3% $2,262 2.39%
1981 $4,255,000,000 9.2% $2,096 2.4%
1980 $3,759,000,000 4.5% $1,897 2.41%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2026 $214,435,000,000 $46,405 5.5% 1.19%
2025 $200,754,000,000 $43,971 6% 1.23%
2024 $187,078,000,000 $41,485 4% 1.27%
2023 $177,664,000,000 $39,899 9.7% 1.32%
2022 $159,868,000,000 $36,372 17.4% 1.27%
2021 $134,415,000,000 $30,990 14.3% 1.21%
2020 $115,991,000,000 $27,110 −18.7% 1.38%
2019 $140,760,000,000 $33,365 2.6% 1.6%
2018 $135,303,000,000 $32,534 −3% 1.69%
2017 $137,443,000,000 $33,538 6% 1.73%
2016 $127,691,000,000 $31,630 4% 1.74%
2015 $120,958,000,000 $30,427 4.6% 1.75%
2014 $113,850,000,000 $29,093 4.7% 1.75%
2013 $106,953,000,000 $27,775 6.4% 1.76%
2012 $98,908,000,000 $26,114 9.8% 1.78%
2011 $88,573,000,000 $23,786 12.3% 1.79%
2010 $77,547,000,000 $21,177 5.5% 1.8%
2009 $72,230,000,000 $20,064 0.5% 1.82%
2008 $70,648,000,000 $19,968 10.3% 1.84%
2007 $62,899,000,000 $18,096 14.1% 1.85%
2006 $54,121,000,000 $15,855 11.2% 1.87%
2005 $47,791,000,000 $14,262 9.6% 1.9%
2004 $42,796,000,000 $13,013 9% 1.92%
2003 $38,526,000,000 $11,940 5.1% 1.93%
2002 $35,948,000,000 $11,360 2.1% 1.95%
2001 $34,531,000,000 $11,131 1.2% 1.97%
2000 $33,453,000,000 $11,002 4.4% 1.98%
1999 $31,391,000,000 $10,534 4.6% 2%
1998 $29,420,000,000 $10,073 7.4% 2.02%
1997 $26,841,000,000 $9,379 7.4% 2.03%
1996 $24,498,000,000 $8,737 7.1% 2.04%
1995 $22,406,000,000 $8,157 1.8% 2.06%
1994 $21,568,000,000 $8,014 2.9% 2.08%
1993 $20,532,000,000 $7,789 5.7% 2.1%
1992 $19,019,000,000 $7,367 8.4% 2.12%
1991 $17,185,000,000 $6,800 10.7% 2.15%
1990 $15,192,000,000 $6,140 9.9% 2.15%
1989 $13,547,000,000 $5,589 3.4% 2.17%
1988 $12,835,000,000 $5,407 −12.2% 2.21%
1987 $14,313,000,000 $6,159 −1.5% 2.25%
1986 $14,224,000,000 $6,254 3.4% 2.29%
1985 $13,463,000,000 $6,051 5.9% 2.33%
1984 $12,436,000,000 $5,715 4% 2.36%
1983 $11,686,000,000 $5,494 −3% 2.38%
1982 $11,775,000,000 $5,665 9.2% 2.39%
1981 $10,526,000,000 $5,186 16.7% 2.4%
1980 $8,806,000,000 $4,444 2.41%
Year GDP Nominal (Current USD) GDP Real (Constant, Inflation Adjusted) Pop. Change
2024 $86,260,400,000 $77,385,013,513 1.27%
2023 $83,318,176,900 $75,232,121,008 1.32%
2022 $76,276,116,700 $70,048,985,345 1.27%
2021 $67,396,392,500 $63,238,418,925 1.21%
2020 $57,059,846,500 $54,297,226,766 1.38%
2019 $69,778,991,200 $66,072,084,975 1.6%
2018 $67,316,471,200 $64,083,529,549 1.69%
2017 $64,327,688,800 $61,667,283,244 1.73%
2016 $59,760,858,700 $58,317,491,836 1.74%
2015 $55,767,806,100 $55,767,806,100 1.75%
2014 $51,427,104,900 $52,977,523,790 1.75%
2013 $46,949,496,500 $50,635,232,251 1.76%
2012 $41,595,439,700 $47,623,362,287 1.78%
2011 $35,687,738,300 $43,441,154,828 1.79%
2010 $30,231,009,500 $38,818,327,826 1.8%
2009 $27,791,215,500 $36,595,725,406 1.82%
2008 $25,721,328,000 $36,015,209,193 1.84%
2007 $21,717,433,800 $32,682,439,460 1.85%
2006 $18,659,721,500 $28,883,388,489 1.87%
2005 $16,623,906,700 $26,291,748,117 1.9%
2004 $15,100,203,400 $24,282,115,702 1.92%
2003 $13,603,456,000 $22,446,932,329 1.93%
2002 $12,800,851,300 $21,358,328,178 1.95%
2001 $12,252,906,300 $20,835,595,644 1.97%
2000 $11,966,497,000 $20,639,538,981 1.98%
1999 $11,660,704,800 $19,805,907,259 2%
1998 $11,019,557,700 $18,824,824,096 2.02%
1997 $10,058,854,400 $17,368,081,133 2.03%
1996 $9,197,503,300 $16,124,998,545 2.04%
1995 $9,573,813,700 $17,111,477,972 2.06%
1994 $9,365,289,800 $16,816,899,903 2.08%
1993 $8,782,585,400 $16,350,875,888 2.1%
1992 $8,042,337,700 $15,504,964,654 2.12%
1991 $7,074,675,500 $14,329,689,364 2.15%
1990 $6,433,967,000 $13,096,161,186 2.15%
1989 $5,918,469,800 $12,114,970,567 2.17%
1988 $5,902,783,400 $11,928,616,118 2.21%
1987 $6,827,665,300 $13,771,178,256 2.25%
1986 $6,797,834,200 $14,024,896,413 2.29%
1985 $6,541,517,100 $13,541,755,263 2.33%
1984 $6,183,387,100 $12,904,008,989 2.36%
1983 $5,923,755,900 $12,563,601,501 2.38%
1982 $5,769,767,900 $13,154,414,169 2.39%
1981 $5,222,421,500 $12,486,575,137 2.4%
1980 $4,614,086,400 $11,433,879,627 2.41%
1979 $3,704,551,600 $10,110,918,361 2.42%
1978 $3,244,558,600 $9,674,154,373 2.46%
1977 $2,738,261,900 $8,811,295,572 2.51%
1976 $2,588,106,000 $8,715,940,922 2.57%
1975 $2,435,304,100 $8,573,242,611 2.63%
1974 $2,188,307,600 $8,426,543,281 2.69%
1973 $1,913,793,400 $8,225,164,958 2.75%
1972 $1,673,411,700 $7,806,405,169 2.8%
1971 $1,523,917,200 $7,464,328,967 2.84%
1970 $1,351,006,400 $6,809,516,493 2.87%
1969 $1,221,305,700 $6,366,460,137 2.9%
1968 $1,112,791,100 $5,870,876,596 2.94%
1967 $1,034,376,400 $5,487,960,279 2.98%
1966 $928,833,000 $5,055,561,577 3.02%
1965 $852,485,300 $4,699,289,550 3.05%
1964 $776,137,500 $4,304,954,186 3.08%
1963 $722,784,500 $4,122,250,662 3.08%
1962 $652,120,900 $3,797,951,597 3.05%
1961 $599,026,300 $3,508,670,914 3.01%
1960 $537,147,100 $3,163,056,542 2.94%

Panama GDP Projections (IMF)

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2027 $101,325,000,000 4.5% $21,664 1.16%
2028 $108,043,000,000 4.5% $22,824 1.12%
2029 $115,443,000,000 4.8% $24,094 1.09%
2030 $123,098,000,000 4.5% $25,692 1.06%
2031 $131,260,000,000 4.5% $27,396 1.02%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2027 $229,093,000,000 $48,982 −4.7% 1.16%
2028 $243,425,000,000 $51,422 −5.1% 1.12%
2029 $259,532,000,000 $54,167 −6.1% 1.09%
2030 $276,300,000,000 $57,667 −6% 1.06%
2031 $294,058,000,000 $61,373 1.02%

Sources:

IMF, World Economic Outlook (April 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Panama