In 2022, Panama witnessed an increase in its Nominal GDP, rising to 76.52 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 173.17 international billion dollars as per the World Bank's estimates. Relatedly, in the preceding year of 2021, Panama has Nominal GDP stood at 67.41 billion dollars, while the GDP based on PPP was 146.04 international billion dollars.
The net change in Panama's GDP (Nominal) in 2022 increased by 9.11 billion dollars(11.91%), and GDP (PPP) increased by 27.13 international billion dollars(15.67%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.54 | - | - | - | - | - |
| 1961 | 0.60 | 0.06 | 10.00 % | - | - | - |
| 1962 | 0.65 | 0.05 | 7.69 % | - | - | - |
| 1963 | 0.72 | 0.07 | 9.72 % | - | - | - |
| 1964 | 0.78 | 0.06 | 7.69 % | - | - | - |
| 1965 | 0.85 | 0.07 | 8.24 % | - | - | - |
| 1966 | 0.93 | 0.08 | 8.60 % | - | - | - |
| 1967 | 1.03 | 0.10 | 9.71 % | - | - | - |
| 1968 | 1.11 | 0.08 | 7.21 % | - | - | - |
| 1969 | 1.22 | 0.11 | 9.02 % | - | - | - |
| 1970 | 1.35 | 0.13 | 9.63 % | - | - | - |
| 1971 | 1.52 | 0.17 | 11.18 % | - | - | - |
| 1972 | 1.67 | 0.15 | 8.98 % | - | - | - |
| 1973 | 1.91 | 0.24 | 12.57 % | - | - | - |
| 1974 | 2.19 | 0.28 | 12.79 % | - | - | - |
| 1975 | 2.44 | 0.25 | 10.25 % | - | - | - |
| 1976 | 2.59 | 0.15 | 5.79 % | - | - | - |
| 1977 | 2.74 | 0.15 | 5.47 % | - | - | - |
| 1978 | 3.24 | 0.50 | 15.43 % | - | - | - |
| 1979 | 3.70 | 0.46 | 12.43 % | - | - | - |
| 1980 | 4.61 | 0.91 | 19.74 % | - | - | - |
| 1981 | 5.22 | 0.61 | 11.69 % | - | - | - |
| 1982 | 5.77 | 0.55 | 9.53 % | - | - | - |
| 1983 | 5.92 | 0.15 | 2.53 % | - | - | - |
| 1984 | 6.18 | 0.26 | 4.21 % | - | - | - |
| 1985 | 6.54 | 0.36 | 5.50 % | - | - | - |
| 1986 | 6.80 | 0.26 | 3.82 % | - | - | - |
| 1987 | 6.83 | 0.03 | 0.44 % | - | - | - |
| 1988 | 5.90 | -0.93 | -15.76 % | - | - | - |
| 1989 | 5.92 | 0.02 | 0.34 % | - | - | - |
| 1990 | 6.43 | 0.51 | 7.93 % | 12.91 | - | - |
| 1991 | 7.07 | 0.64 | 9.05 % | 14.60 | 1.69 | 11.58 % |
| 1992 | 8.04 | 0.97 | 12.06 % | 16.16 | 1.56 | 9.65 % |
| 1993 | 8.78 | 0.74 | 8.43 % | 17.44 | 1.28 | 7.34 % |
| 1994 | 9.37 | 0.59 | 6.30 % | 18.32 | 0.88 | 4.80 % |
| 1995 | 9.57 | 0.20 | 2.09 % | 19.03 | 0.71 | 3.73 % |
| 1996 | 9.87 | 0.30 | 3.04 % | 20.17 | 1.14 | 5.65 % |
| 1997 | 10.68 | 0.81 | 7.58 % | 21.85 | 1.68 | 7.69 % |
| 1998 | 11.58 | 0.90 | 7.77 % | 23.71 | 1.86 | 7.84 % |
| 1999 | 12.13 | 0.55 | 4.53 % | 24.99 | 1.28 | 5.12 % |
| 2000 | 12.30 | 0.17 | 1.38 % | 26.25 | 1.26 | 4.80 % |
| 2001 | 12.50 | 0.20 | 1.60 % | 27.00 | 0.75 | 2.78 % |
| 2002 | 12.99 | 0.49 | 3.77 % | 28.03 | 1.03 | 3.67 % |
| 2003 | 13.69 | 0.70 | 5.11 % | 29.78 | 1.75 | 5.88 % |
| 2004 | 15.01 | 1.32 | 8.79 % | 32.88 | 3.10 | 9.43 % |
| 2005 | 16.37 | 1.36 | 8.31 % | 36.35 | 3.47 | 9.55 % |
| 2006 | 18.14 | 1.77 | 9.76 % | 40.72 | 4.37 | 10.73 % |
| 2007 | 21.30 | 3.16 | 14.84 % | 46.83 | 6.11 | 13.05 % |
| 2008 | 25.16 | 3.86 | 15.34 % | 52.43 | 5.60 | 10.68 % |
| 2009 | 27.12 | 1.96 | 7.23 % | 53.42 | 0.99 | 1.85 % |
| 2010 | 29.44 | 2.32 | 7.88 % | 57.22 | 3.80 | 6.64 % |
| 2011 | 34.69 | 5.25 | 15.13 % | 65.01 | 7.79 | 11.98 % |
| 2012 | 40.43 | 5.74 | 14.20 % | 73.00 | 7.99 | 10.95 % |
| 2013 | 45.60 | 5.17 | 11.34 % | 82.72 | 9.72 | 11.75 % |
| 2014 | 49.92 | 4.32 | 8.65 % | 92.58 | 9.86 | 10.65 % |
| 2015 | 54.09 | 4.17 | 7.71 % | 104.14 | 11.56 | 11.10 % |
| 2016 | 57.91 | 3.82 | 6.60 % | 116.44 | 12.30 | 10.56 % |
| 2017 | 62.20 | 4.29 | 6.90 % | 129.59 | 13.15 | 10.15 % |
| 2018 | 67.29 | 5.09 | 7.56 % | 137.60 | 8.01 | 5.82 % |
| 2019 | 69.72 | 2.43 | 3.49 % | 144.66 | 7.06 | 4.88 % |
| 2020 | 57.09 | -12.63 | -22.12 % | 120.66 | -24.00 | -19.89 % |
| 2021 | 67.41 | 10.32 | 15.31 % | 146.04 | 25.38 | 17.38 % |
| 2022 | 76.52 | 9.11 | 11.91 % | 173.17 | 27.13 | 15.67 % |