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Indicators of economy in Panama

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Panama reached 15.731 US dollars per inhabitant, or 66.80 bn US Dollar in the whole country. Panama is therefore currently ranked 75 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Panama is in the list of the world's richest countries in place 47.

Inflation in Panama was in 2019 at around -0.36%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 42.11% lower.
The Corruption Perceptions Index for the public sector counts 35 and is compared to other countries bad.


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Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Panama
Total
Panama
per capita
EU
Total
EU
per capita
GDP66.80 bn USD15,731.02 USD15,626.45 tn USD30,381.17 USD
Gross national product63.47 bn USD14,946.27 USD16,026.52 tn USD31,158.99 USD


Development of the Gross domestic product in billion US Dollar 1979 - 2019



Im- and Exports 2019

 Panama
Total
Panama
per capita
EU
Total
EU
per capita
Imports27.38 bn USD6,447.32 USD8,073.39 bn USD15,696.41 USD
Exports28.31 bn USD6,667.35 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1979 - 2019

Exports
Imports



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