Updated · Source: IMF World Economic Outlook, April 2026
Nominal Gross Domestic Product (GDP) of Panama is $95.02 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 3.8%. GDP per capita is $20,564.
Panama GDP Trend
Nominal GDP of Panama has grown from $3.76 billion in 1980 to $95.02 billion in 2026.
Panama GDP Growth Rate (%)
This chart shows the year-over-year real GDP growth rate of Panama. Hover any bar to see the exact value for that year.
Average Growth
4.89%
Best Year
2021 (+16.5%)
Worst Year
2020 (-17.8%)
Years of Contraction
4 of 47
GDP per capita in Panama rose from $19,814 in 2025 to $20,564 in 2026, an increase of 3.8%.
"Panama GDP", "Panama gross domestic product", and "Panama economy size" all refer to the same nominal GDP figure.
Gross Domestic Product (GDP) of Panama
The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Panama for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.
Panama nominal GDP by year
Year
GDP Nominal (Current USD)
GDP Growth
GDP per capita
Pop. Change
2026
$95,024,000,000
3.8%
$20,564
1.2%
2025
$90,463,000,000
4.4%
$19,814
1.24%
2024
$86,524,000,000
2.7%
$19,187
1.28%
2023
$83,812,000,000
7.2%
$18,822
1.32%
2022
$76,479,000,000
11%
$17,400
1.34%
2021
$67,396,000,000
16.5%
$15,538
1.36%
2020
$57,060,000,000
-17.8%
$13,336
1.42%
2019
$69,779,000,000
3.1%
$16,540
1.44%
2018
$67,316,000,000
3.9%
$16,187
1.49%
2017
$64,328,000,000
5.7%
$15,697
1.51%
2016
$59,761,000,000
4.6%
$14,803
1.56%
2015
$55,768,000,000
5.3%
$14,028
1.58%
2014
$51,427,000,000
4.6%
$13,142
1.61%
2013
$46,949,000,000
6.3%
$12,192
1.66%
2012
$41,595,000,000
9.6%
$10,982
1.72%
2011
$35,688,000,000
11.9%
$9,584
1.69%
2010
$30,231,000,000
6.1%
$8,256
1.72%
2009
$27,791,000,000
1.6%
$7,720
1.75%
2008
$25,721,000,000
10.2%
$7,270
1.78%
2007
$21,717,000,000
13.2%
$6,248
1.85%
2006
$18,660,000,000
9.9%
$5,467
1.85%
2005
$16,624,000,000
8.3%
$4,961
1.89%
2004
$15,100,000,000
8.2%
$4,592
1.92%
2003
$13,603,000,000
5.1%
$4,216
1.99%
2002
$12,801,000,000
2.5%
$4,045
2%
2001
$12,253,000,000
0.9%
$3,950
2.01%
2000
$11,966,000,000
4.2%
$3,935
2.05%
1999
$11,661,000,000
5.2%
$3,913
2.02%
1998
$11,020,000,000
8.4%
$3,773
2.06%
1997
$10,059,000,000
7.7%
$3,515
2.07%
1996
$9,198,000,000
7.4%
$3,280
2.07%
1995
$7,800,000,000
1.8%
$2,840
2.08%
1994
$7,631,000,000
2.8%
$2,835
2.09%
1993
$7,156,000,000
5.5%
$2,715
2.13%
1992
$6,553,000,000
8.2%
$2,538
2.14%
1991
$5,764,000,000
9.4%
$2,281
2.14%
1990
$5,242,000,000
8.1%
$2,119
2.06%
1989
$4,822,000,000
1.6%
$1,989
2.11%
1988
$4,809,000,000
-13.4%
$2,026
2.15%
1987
$5,563,000,000
-1.8%
$2,394
2.2%
1986
$5,539,000,000
3.6%
$2,435
2.2%
1985
$5,330,000,000
4.9%
$2,395
2.25%
1984
$5,038,000,000
2.7%
$2,315
2.3%
1983
$4,827,000,000
-4.5%
$2,269
2.36%
1982
$4,701,000,000
5.3%
$2,262
2.36%
1981
$4,255,000,000
9.2%
$2,096
2.42%
1980
$3,759,000,000
4.5%
$1,897
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The nominal GDP of Panama in 2026 is $95.02 billion, according to the IMF World Economic Outlook (April 2026). This ranks Panama 85th in the world by nominal GDP.
What is the GDP growth rate of Panama?
The GDP growth rate of Panama in 2026 is 3.8%, per IMF estimates.
What is the GDP per capita of Panama?
GDP per capita in Panama in 2026 is $20,564, per IMF data.
Is the GDP of Panama expected to grow?
IMF projects the nominal GDP of Panama to reach $131.26 billion by 2031, up from $95.02 billion in 2026.
Sources: IMF, World Economic Outlook (April 2026).
Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.