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 11.181 US Dollar per capita. The GDP in Panama reached 15.731 US Dollar per capita. The gross national product has been at 14.950 US Dollar per capita. Panama is therefore currently ranked 75 of the major economies.

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 18.70% lower.
The Corruption Perceptions Index for the public sector counts 36 and is compared to other countries bad.


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Unemployment rates in percent 1991 - 2020

Unemployment rates Panama

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


GDP Panama
Development of inflation
Corruption in Panama
Cost of living in a global comparison

Im- and Exports 2019

 Panama
Total
Panama
per capita
EU
Total
EU
per capita
Exports28.31 bn USD6,667.35 USD8,590.51 bn USD16,701.80 USD
Imports27.38 bn USD6,447.32 USD8,032.20 bn USD15,616.32 USD


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


Exports
Imports