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Panama Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

29.05% −4.23% (-12.7%)
Year 2025 Rank #34 Global Peak 35.42% (2023) Source World Bank

Panama Gross Savings (1977–2025)

Overview

Panama's gross savings stood at 29.05% in 2025, a decline of +4.23% from 2024. The IMF projects 29.05% by 2025. Panama ranked 34th globally.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 28.88% - -
2029* IMF 28.76% - -
2028* IMF 28.48% - -
2027* IMF 28.16% - -
2026* IMF 28.44% - -
2025* IMF 29.05% - -
2025 29.05% −4.23% #34
2024 33.28% −1.13% #25
2023 35.42% −0.47% #19
2022 33.84% +3.77% #36
2021 28.73% +4.56% #57
2020 24.66% −8.26% #66
2019 31.58% −1.74% #35
2018 31.55% −4.18% #36
2017 34.26% +1.52% #21
2016 32.25% −1.58% #22
2015 34.08% +3.07% #21
2014 30.15% −4.55% #38
2013 33.05% −0.71% #31
2012 32.00% +6.87% #38
2011 29.89% +2.89% #43
Show all years (1977-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 2.9% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Panama's gross savings?

Panama's gross savings was 29.05% in 2025. Ranked 34th globally. This represents a 12.7% decrease from the previous year.

What was the highest gross savings in Panama?

Panama's gross savings peaked at 35.42% in 2023.

What was the lowest gross savings in Panama?

The lowest gross savings in Panama was 2.34% in 1989.

How does Panama rank in gross savings?

Panama ranks 34th globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of Panama in 2025?

Panama's gross savings is projected to reach 29.05% by 2025 based on IMF projection.

What is the gross savings of Panama in 2025?

The gross savings of Panama in 2025 was 29.05%. This ranks 34th in the world.

Cite this page

APA
Panama Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/panama/gross-savings
BibTeX
@misc{historysaid_panama_gross-savings, title = {Panama Gross Savings}, url = {https://historysaid.com/panama/gross-savings}, publisher = {HistorySaid}, year = {2026} }