Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31
Panama's gdp annual growth rate stands at 4.35% as of 2025-12-31, up from 2.75% in 2024. Historical data runs from 1961 to 2025 (65 observations).
In 2025, Panama's gdp annual growth rate was 4.35%, up from 2.75% in 2024.
In 2024, Panama's gdp annual growth rate was 2.75%, down from 7.17% in 2023.
In 2023, Panama's gdp annual growth rate was 7.17%, down from 11.04% in 2022.
In 2022, Panama's gdp annual growth rate was 11.04%, down from 16.47% in 2021.
In 2021, Panama's gdp annual growth rate was 16.47%, up from -17.82% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 4.35% | +1.6% |
| 2024 | 2.75% | -4.42% |
| 2023 | 7.17% | -3.87% |
| 2022 | 11.04% | -5.43% |
| 2021 | 16.47% | +34.29% |
| 2020 | -17.82% | -20.92% |
| 2019 | 3.1% | -0.8153% |
| 2018 | 3.92% | -1.83% |
| 2017 | 5.74% | +1.17% |
| 2016 | 4.57% | -0.695% |
| 2015 | 5.27% | +0.6411% |
| 2014 | 4.63% | -1.7% |
| 2013 | 6.32% | -3.3% |
| 2012 | 9.63% | -2.28% |
| 2011 | 11.91% | +5.84% |
| 2010 | 6.07% | +4.46% |
| 2009 | 1.61% | -8.59% |
| 2008 | 10.2% | -2.96% |
| 2007 | 13.15% | +3.3% |
| 2006 | 9.86% | +1.58% |
| 2005 | 8.28% | +0.1005% |
| 2004 | 8.18% | +3.08% |
| 2003 | 5.1% | +2.59% |
| 2002 | 2.51% | +1.56% |
| 2001 | 0.9499% | -3.26% |
| 2000 | 4.21% | -1% |
| 1999 | 5.21% | -3.18% |
| 1998 | 8.39% | +0.6784% |
| 1997 | 7.71% | +3.63% |
| 1996 | 4.08% | +2.33% |
| 1995 | 1.75% | -1.1% |
| 1994 | 2.85% | -2.61% |
| 1993 | 5.46% | -2.75% |
| 1992 | 8.2% | -1.22% |
| 1991 | 9.42% | +1.32% |
| 1990 | 8.1% | +6.54% |
| 1989 | 1.56% | +14.94% |
| 1988 | -13.38% | -11.57% |
| 1987 | -1.81% | -5.38% |
| 1986 | 3.57% | -1.37% |
| 1985 | 4.94% | +2.23% |
| 1984 | 2.71% | +7.2% |
| 1983 | -4.49% | -9.84% |
| 1982 | 5.35% | -3.86% |
| 1981 | 9.21% | -3.88% |
| 1980 | 13.08% | +8.57% |
| 1979 | 4.51% | -5.28% |
| 1978 | 9.79% | +8.7% |
| 1977 | 1.09% | -0.5704% |
| 1976 | 1.66% | -0.0765% |
| 1975 | 1.74% | -0.7074% |
| 1974 | 2.45% | -2.92% |
| 1973 | 5.36% | +0.7815% |
| 1972 | 4.58% | -5.03% |
| 1971 | 9.62% | +2.66% |
| 1970 | 6.96% | -1.48% |
| 1969 | 8.44% | +1.46% |
| 1968 | 6.98% | -1.58% |
| 1967 | 8.55% | +0.9715% |
| 1966 | 7.58% | -1.58% |
| 1965 | 9.16% | +4.73% |
| 1964 | 4.43% | -4.11% |
| 1963 | 8.54% | +0.2941% |
| 1962 | 8.24% | -2.68% |
| 1961 | 10.93% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Panama's gdp annual growth rate is 4.35% as of 2025-12-31, compared with 2.75% in 2024. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 16.47% (2021); the lowest is -17.82% (2020), across data from 1961 to 2025.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.