Panama Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Panama's gross savings was 29.05% in 2025, ranked 34th globally. This represents a 12.7% decrease from 2024. Data from World Bank, covering 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.
Panama's Gross Savings have exhibited significant volatility over the 49-year period under review, with the indicator fluctuating between 2.34 in 1989 - a trough that marked the depths of the country's economic challenges - and 35.42 in 2023, representing the highest savings rate. The most recent figure available for 2025 stands at 29.05, ranking the country 34th globally. This level of savings is comparable to that of Saudi Arabia, which ranked slightly higher at 29.12 in 2025. The country's ability to manage its savings rate has been shaped by various factors, including its economic growth, investment opportunities, and government policies. Despite the fluctuations, Panama's Gross Savings have shown a general upward trend since the early 2000s, indicating a growing capacity for savings. However, a decline in global economic growth or a significant change in investment opportunities could potentially disrupt this trend and impact Panama's savings rate.
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 |
Detected Pattern
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
Panama's gross savings was 29.05% in 2025. Ranked 34th globally. This represents a 12.7% decrease from the previous year.
Panama's gross savings peaked at 35.42% in 2023.
The lowest gross savings in Panama was 2.34% in 1989.
Panama ranks 34th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Panama's gross savings is projected to reach 29.05% by 2025 based on IMF projection.
The gross savings of Panama in 2025 was 29.05%. This ranks 34th in the world.
Cite this page
@misc{historysaid_panama_gross-savings,
title = {Panama Gross Savings},
url = {https://historysaid.com/panama/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}