Panama GDP per Capita
GDP divided by midyear population NY.GDP.PCAP.CD
Panama's gdp per capita was $19,802 in 2025, ranked 60th globally. This represents a 3.3% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Panama's gdp per capita stood at $19,802 in 2025, a rise of +$641 from 2024. The IMF projects $19,802 by 2025. Panama ranked 60th globally.
Panama's GDP per capita has experienced significant growth over the past 66 years, with the latest value reaching 19,802.15 in 2025, ranking 60th globally. This is a substantial increase from its all-time trough of 477.04 in 1960. In comparison to its peer countries, Panama's GDP per capita is slightly higher than Oman's 19,118.88, but lower than Bulgaria's 20,425.72. The country's GDP per capita has been steadily increasing, with 2025 also marking its all-time peak. As Panama continues to develop its economy, its GDP per capita is likely to remain on an upward trend, unless significant external factors, such as global economic downturns or regional instability, were to impact its growth trajectory.
Data & projection
| Year | GDP per Capita | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | $25,347 | - | - |
| 2029* IMF | $23,894 | - | - |
| 2028* IMF | $22,798 | - | - |
| 2027* IMF | $21,752 | - | - |
| 2026* IMF | $20,754 | - | - |
| 2025* IMF | $19,802 | - | - |
| 2025 | $19,802 | +$641 | #60 |
| 2024 | $19,161 | +$339 | #68 |
| 2023 | $18,797 | +$1,397 | #70 |
| 2022 | $17,379 | +$1,840 | #76 |
| 2021 | $15,510 | +$2,173 | #76 |
| 2020 | $13,291 | −$3,249 | #77 |
| 2019 | $16,478 | +$291 | #74 |
| 2018 | $16,151 | +$415 | #74 |
| 2017 | $15,695 | +$823 | #72 |
| 2016 | $14,832 | +$726 | #72 |
| 2015 | $14,083 | +$857 | #72 |
| 2014 | $13,213 | +$936 | #80 |
| 2013 | $12,273 | +$1,206 | #83 |
| 2012 | $11,065 | +$1,408 | #85 |
| 2011 | $9,662 | +$1,327 | #88 |
Detected Pattern
Analysis
Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp per capita improve within 24 months. View full analysis →
Frequently Asked Questions
Panama's gdp per capita was $19,802 in 2025. Ranked 60th globally. This represents a 3.3% increase from the previous year.
Panama's gdp per capita peaked at $19,802 in 2025.
The lowest gdp per capita in Panama was $477 in 1960.
Panama ranks 60th globally in gdp per capita as of 2025.
The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.
Panama's gdp per capita is projected to reach $19,802 by 2025 based on IMF projection.
The gdp per capita of Panama in 2025 was $19,802. This ranks 60th in the world.
Cite this page
@misc{historysaid_panama_gdp-per-capita,
title = {Panama GDP per Capita},
url = {https://historysaid.com/panama/gdp-per-capita/},
publisher = {HistorySaid},
year = {2026}
}