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Economy of Panama

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

9.5% 17.4% 22.8% 14.8% 32.9%
  • Agriculture, forestry & fishing: 2.6%
  • Mining, manufacturing & utilities: 9.5%
  • Construction: 17.4%
  • Trade, restaurants & hotels: 22.8%
  • Transport & communication: 14.8%
  • Finance, real estate & other services: 32.9%
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Agriculture, forestry & fishing
2.6%
Mining, manufacturing & utilities
9.5%
Construction
17.4%
Trade, restaurants & hotels
22.8%
Transport & communication
14.8%
Finance, real estate & other services
32.9%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 95B #82 / 190 2026
GDP (Local currency - PAB) 95B - 2026
Real GDP (Local currency - PAB) 88B - 2026
PPP GDP (Int$) 214B #80 / 191 2026
GNI (USD) 82.3B #78 / 210 2024

GDP per Capita

GDP per Capita (USD) 20,564 #62 / 190 2026
GDP per Capita (Local currency - PAB) 20,564 - 2026
Real GDP per Capita (Local currency - PAB) 19,045 - 2026
PPP GDP per Capita (Int$) 46,405 #57 / 191 2026
GNI per Capita (USD) 18,234 #74 / 210 2024

Economic Growth

GDP Growth 3.8% #58 / 191 2026

Prices and Inflation

Inflation Rate 1.4% #180 / 191 2026

Labor Market

Unemployment Rate 10.4% #9 / 103 2026

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