The gross domestic product in Panama was forecast to continuously increase between 2024 and 2029 by in total 28.8 billion U.S. dollars (+32.98 percent). After the ninth consecutive increasing year, the gross domestic product is estimated to reach 116.14 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, expressed in national currency units. The gross domestic product represents the total value of final goods and services produced during a year.
Panama: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion international dollars
2029*
116.14
2028*
109.48
2027*
103.21
2026*
97.29
2025*
91.72
2024*
87.33
2023*
83.37
2022
76.51
2021
67.4
2020
57.08
2019
69.71
2018
67.28
2017
64.46
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Created with Highcharts 7.2.2Gross domestic product in billion international dollars5.465.465.935.936.526.527.417.418.098.098.638.638.828.8210.410.411.2411.2412.1912.1912.7712.7712.9612.9613.1613.1613.6813.6814.4214.4215.8115.8117.2417.2419.1119.1122.0722.0726.0726.0728.128.130.5130.5135.9435.9441.941.947.2547.2551.7351.7356.0556.0560.0160.0164.4664.4667.2867.2869.7169.7157.0857.0867.467.476.5176.5183.3783.3787.3387.3391.7291.7297.2997.29103.21103.21109.48109.48116.14116.1419891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023*2024*2025*2026*2027*2028*2029*
0100255075125150
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IMF. (October 22, 2024). Panama: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved March 16, 2025, from https://www.statista.com/statistics/454680/gross-domestic-product-gdp-in-panama/
IMF. "Panama: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed March 16, 2025. https://www.statista.com/statistics/454680/gross-domestic-product-gdp-in-panama/
IMF. (2024). Panama: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: March 16, 2025. https://www.statista.com/statistics/454680/gross-domestic-product-gdp-in-panama/
IMF. "Panama: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/454680/gross-domestic-product-gdp-in-panama/
IMF, Panama: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/454680/gross-domestic-product-gdp-in-panama/ (last visited March 16, 2025)
Panama: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/454680/gross-domestic-product-gdp-in-panama/
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