Nominal GDP
$90.46B
current US$ · 2025
World Bank
🇵🇦
Economy Snapshot
Panama Economy and Trade
Panama CityLocal time
GDP $90.46B · real growth 4.4% · latest verified annual data
Panama's latest profile reports nominal GDP of $90.46B for 2025, alongside real growth of 4.4% for 2025. The per-person GDP figure is $19,790 (2025); the CPI series shows -0.2% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.
GDP per capita
$19,790
current US$ · 2025
Source listed below
Real GDP growth
4.4%
annual % · 2025
Source listed below
Inflation
-0.2%
CPI annual % · 2025
Source listed below
Panama at a Glance
Each measure keeps its actual reference year and definition.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $55.77B2016: $59.76B2017: $64.33B2018: $67.32B2019: $69.78B2020: $57.06B2021: $67.40B2022: $76.48B2023: $83.81B2024: $86.52B2025: $90.46B
GDP per capita$19,790
Real growth4.4%
GDP year2025
2025 Inflation
-0.2%
CPI annual %
2025 Unemployment
8.4%
labor-market measure
2025 GDP per capita
$19,790
current US$
Macro signals and Merchandise trade
Available measures are shown with their reported reference periods.
Macro signals
World Bank annual observations
Real growth20254.4%
Unemployment20258.4%
Inflation2025-0.2%
Merchandise trade
WTO profile · 2024 · USD
Exports$917.6M
Imports$9.91B
Balance-$8.99B
Largest highlighted export destination
European Union24.2%
Understand the numbers
What Panama's economic profile is telling you
Panama grew by 4.4 percent in 2025 and recorded slightly negative consumer-price inflation in the current World Bank annual series. Matched 2024 WTO merchandise data show imports far above domestic merchandise exports; this goods measure does not capture Panama's large services and logistics economy.
Reading the macro data
Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.
Reading the trade data
Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.
Detailed Economic Data
| Indicator | Panama | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$ | $90.46B | 2025 | Actual |
| GDP per capitacurrent US$ | $19,790 | 2025 | Actual |
| Real GDP growthannual % | 4.4% | 2025 | Actual |
| InflationCPI annual % | -0.2% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 8.4% | 2025 | Estimate |
| Merchandise exportscurrent USD | $917.6M | 2024 | Actual |
| Merchandise importscurrent USD | $9.91B | 2024 | Actual |
Frequently Asked Questions
What is Panama's latest GDP?
The verified GDP observation used here is $90.46B for 2025.
What does merchandise trade show for Panama?
Merchandise exports were $917.6M and imports were $9.91B in 2024, giving a same-year goods balance of -$8.99B.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Core macroeconomic indicators with explicit reference years.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Matched-year merchandise exports and imports from the WTO economy profile.
Official data: WTO country profile