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Panama GDP Per Capita

Panama's GDP per capita is $18,797 in 2023 — ranked #69 in the world.

ISO: PANWorld rank: #69Source: World Bank
$18,797
GDP per capita (2023)
+8.16%
Annual change
#69
World rank

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Panama GDP per capita history (2015–2024), annual change and world rank. Excel and CSV.

Key figures

IndicatorValueYear
GDP per capita (current US$)$18,7972023
Annual change+8.16%2023
World rank#692023
Ratio to world average142% of avg2023

GDP per capita history

Year-by-year GDP per capita data for Panama.

$14,083 2015 $14,832 2016 $15,695 2017 $16,151 2018 $16,478 2019 $13,291 2020 $15,510 2021 $17,379 2022 $18,797 2023 $19,161 2024 $19,790 2025
YearGDP Per CapitaChangeRankvs Avg
2025$19,790+3.28%#57137%
2024$19,161+1.94%#65141%
2023$18,797+8.16%#69142%
2022$17,379+12.05%#75136%
2021$15,510+16.70%#75125%
2020$13,291-19.34%#76122%
2019$16,478+2.02%#73145%
2018$16,151+2.91%#73143%
2017$15,695+5.81%#71146%
2016$14,832+5.32%#71145%
2015$14,083#71139%

FAQ

What is the GDP per capita of Panama?

Panama's GDP per capita is $18,797 in 2023, ranking #69 in the world.

How does Panama's GDP per capita compare to the world average?

Panama's GDP per capita is 142% of the world average.

About. GDP per capita figures from the World Bank's World Development Indicators. Full historical series (2015–2024) available in the download above.

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