Economy

Panama

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GDP per capita19602024
4775.15K9.82K14.5K19.2K19602024
Source: World Bank WDI
Private credit (% of GDP)20102020
67.47786.696.210620102020
Source: WB GFDD
IndicatorValue
GDP (nominal)86,500,000,000 US$World Bank WDI [2024]
GDP (PPP)187,000,000,000 US$World Bank WDI [2024]
GDP growth2.75 %World Bank WDI [2024]
GDP per capita19,200 US$World Bank WDI [2024]
Inflation (CPI)0.693 %World Bank WDI [2024]
Unemployment8.36 %World Bank WDI [2025]
Exports of goods & services38,400,000,000 US$World Bank WDI [2024]
Imports of goods & services34,000,000,000 US$World Bank WDI [2024]
Agriculture (% GDP)2.68 %World Bank WDI [2024]
Industry (% GDP)25.5 %World Bank WDI [2024]
Services (% GDP)69.3 %World Bank WDI [2024]
Industriesconstruction, brewing, cement and other construction materials, sugar millingCIA World Factbook [2025] · 2026 archive
Agricultural productssugarcane, rice, bananas, oranges, oil palm fruit, chicken, plantains, maize, milk, pineapples (2023); note: top ten agricultural products based on tonnageCIA World Factbook [2025] · 2026 archive
Export commoditiescopper ore, ships, refined petroleum, bananas, fish (2023); note: top five export commodities based on value in dollarsCIA World Factbook [2025] · 2026 archive
Export partnersChina 25%, Japan 10%, USA 6%, Thailand 5%, Costa Rica 5% (2023); note: top five export partners based on percentage share of exportsCIA World Factbook [2025] · 2026 archive
Import partnersUSA 15%, Colombia 13%, China 13%, Ecuador 13%, Japan 11% (2023); note: top five import partners based on percentage share of importsCIA World Factbook [2025] · 2026 archive
Gini index49.7 indexWorld Bank WDI [2024]
GDP per capita (1913)2,927 int$ (2011)Maddison Project [1913]
Leading mineral commoditycopper, mine (330,863 tonnes (metal content), 2023)BGS World Mineral Statistics [2023]
Wealth share of top 10%0.646 %World Inequality Database [2024]
Wealth share of top 1%0.306 %World Inequality Database [2024]
Gini (WID)1–49.7 indexWorld Inequality Database [2024] 1 index·World Bank WDI [2024] 49.7 index
Top export partnersUSA (13.2%) / Costa Rica (10.2%) / Denmark (6.0%) / Netherlands (5.9%) / Thailand (4.4%)CEPII BACI [2024]
Top import partnersChina (19.9%) / USA (19.6%) / Ecuador (13.0%) / Japan (10.1%) / Colombia (9.7%)CEPII BACI [2024]
Top agricultural productsSugar cane / Sugar Crops Primary / Fruit Primary / Hen eggs in shell, fresh / Cereals, primaryFAOSTAT [2024]
Bank assets (% of GDP)88.9 %WB GFDD [2021]
Private credit (% of GDP)106 %WB GFDD [2020]
Stock market capitalization (% of GDP)25.8 %WB GFDD [2020]
Financial account ownership64.1 %WB Findex [2024]
Mobile-money accountNo authoritative open source found
Borrowed from a bank14.7 %WB Findex [2024]
Poverty headcount ($2.15/day)No authoritative open source found
Poverty headcount ($6.85/day)No authoritative open source found

Section metadata

Data year2025
EditionDatabook 2026
Coverage30/33
LicenseCC-BY
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Datasets on this page
  • World Bank WDI
    world_bank_wdi
    Edition: 2024
  • CIA World Factbook
    cia_factbook
    Edition: 2025
  • Maddison Project
    maddison_historical_gdp
    Edition: 2023
  • BGS World Mineral Statistics
    bgs_world_minerals
    Edition: 2023
  • World Inequality Database
    world_inequality_database
    Edition: 2026
  • CEPII BACI
    cepii_baci_trade
    Edition: 2026
  • FAOSTAT
    faostat
    Edition: 2026
  • WB GFDD
    world_bank_gfdd
    Edition: 2022
  • WB Findex
    world_bank_global_findex
    Edition: 2025
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About this data

Panama's economy on Databook compiles 30 indicators from 9 open datasets including World Bank WDI, CIA World Factbook, Maddison Project. Key figures include gdp (nominal) (86,500,000,000 US$), gdp (ppp) (187,000,000,000 US$). Data is referenced to 2025. Every value carries its source and publication year, published under open licenses.