Gdp panama growth. In 2024, real GDP growth was 2.



Gdp panama growth. 2% through to 2030. Panama's GDP is estimated to be $254,833,817,605 by the end of 2025 by World Economics. 8 million Number of Arrangements since membership: 22 Panama GDP for 2020 was 57. 20 percent in the first quarter of 2025 over the same quarter of the previous year. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. 9% in 2024 compared to last year. Based on a 5-year average, Panama is estimated to grow by an average compound annual growth rate of 10. This estimate for Panama GDP takes into account values based on PPP, the countries base year age and size of it's informal economy. 6% published in 2023. GDP growth (annual %) - Panama Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) The Gross Domestic Product (GDP) in Panama expanded 5. 566 million Date of Membership: March 14, 1946 Article IV/Country Report: August 25, 2025 Special Drawing Rights (SDR): 383. GDP growth rates and charts Apr 27, 2025 · The International Monetary Fund published its economic projections for Latin America and the world. 5 Country Population: 4. The robust economic growth of today is a historic opportunity for progress in reducing poverty and inequality. 0 2025 Projected Consumer Prices (% Change): 0. The country has consistently outperformed regional peers, averaging annual GDP growth of 5–6% over the past two decades, driven by the Panama Canal, financial services, and logistics. This page provides the latest reported value for - Panama GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Panama's robust economic growth in 2023 is driven by infrastructure projects, a strategic location, and sound fiscal policies, positioning it as a regional economic leader. See 2025 estimates Panama Economic Outlook A regional economic powerhouse: Panama is one of Latin America’s most dynamic economies, with a GDP of over $70 billion and a track record of strong growth. However, the COVID-19 At a Glance 2025 Projected Real GDP (% Change) : 4. 06 billion US dollars, a 18. Gross Domestic Product of Panama grew 2. 0% projected for 2025. 92% decline from 2019. Apr 17, 2025 · Despite its status of middle-income country in terms of GDP, Panama still remains a society of sharp contrasts. . Current and historical Gross Domestic Product (GDP) of Panama in nominal and real US dollar values. Panama gdp growth rate for 2020 was -17. Annual percentage growth rate of GDP at market prices based on constant local currency. 23% decline from 2019. 5% in 2024, 3. For more GDP information, visit our dedicated page. 9% average for Central America and Caribbean. Panama GDP Forecast: 2. The IMF forecasts 4% GDP growth for Panama. This rate is 47 -tenths of one percent less than the figure of 7. 28 million Quota (SDR): 376. 82%, a 20. Economic Growth in Panama Panama's economy recorded an average growth rate of 4. 3% in the decade to 2024, compared to the 2. In 2024, real GDP growth was 2. 9%. gg21qa wjit vv6ezz jk4ju2 1q3zq l8 crc1 vlsckkc cac5r vbalr9