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 2021 was at about 12.259 USD per capita. GDP in Panama, on the other hand, reached USD 14.516 per capita, or 63.61 billion USD in the whole country. Panama is therefore currently ranked 82 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 46.
Inflation in Panama was in 2021 at around 1.63%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 53.8% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.
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