Panama Labour Productivity Growth
1992 - 2022 | Yearly | % | CEIC Data
Key information about Panama Labour Productivity Growth
- Panama Labour Productivity dropped by 4.70 % YoY in Dec 2022, compared with a growth of 6.71 % in the previous year
- Panama Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2022, averaging at 3.48 %
- The data reached an all-time high of 9.70 % in Dec 2007 and a record low of -7.72 % in Dec 2020
CEIC calculates Labour Productivity Growth from annual GDP per person employed. The World Bank provides annual GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2017 constant international dollars using PPP rates
View Panama's Labour Productivity Growth from 1992 to 2022 in the chart:
What was Panama's Labour Productivity Growth in 2022?
Panama Labour Productivity dropped by 4.70 % YoY in Dec 2022, compared with a growth of 6.71 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.70 2022 | 6.71 2021 | -7.72 2020 | 9.70 2007 | % | yearly | 1992 - 2022 |
Labour Productivity Growth by Country Comparison
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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -1.57 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Algeria (%) | -0.20 2022 | yearly | 1992 - 2022 |
| Argentina (%) | -3.50 2022 | yearly | 1992 - 2022 |
| Armenia (%) | 6.23 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
| Australia (%) | -0.90 Jun 2023 | quarterly | Jun 1979 - Jun 2023 |
| Austria (%) | -2.00 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Azerbaijan (%) | -1.17 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
| Bahrain (%) | -4.00 Dec 2022 | quarterly | Mar 2009 - Dec 2022 |
| Bangladesh (%) | 3.92 2022 | yearly | 1992 - 2022 |
| Belarus (%) | -4.94 Dec 2022 | quarterly | Mar 2006 - Dec 2022 |
| Belgium (%) | 0.41 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Bolivia (%) | -0.76 2022 | yearly | 2000 - 2022 |
| Bosnia and Herzegovina (%) | 2.91 2022 | yearly | 2007 - 2022 |
| Botswana (%) | 2.41 Dec 2021 | quarterly | Sep 2008 - Dec 2021 |
| Brazil (%) | -4.18 2022 | yearly | 1992 - 2022 |
| Brunei (%) | -0.76 2022 | yearly | 1992 - 2022 |
| Bulgaria (%) | 1.72 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
| Cambodia (%) | 1.17 2021 | yearly | 2008 - 2021 |
| Canada (%) | -0.97 Jun 2023 | quarterly | Mar 1977 - Jun 2023 |
| Chile (%) | -3.10 Jun 2023 | quarterly | Mar 1987 - Jun 2023 |
| China (%) | 4.82 2022 | yearly | 1953 - 2022 |
| Colombia (%) | -2.89 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| Croatia (%) | 9.85 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Cyprus (%) | -0.05 Mar 2023 | quarterly | Jun 2005 - Mar 2023 |
| Czech Republic (%) | -1.25 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| Denmark (%) | -0.11 Jun 2023 | quarterly | Mar 1991 - Jun 2023 |
| Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
| Egypt (%) | 1.34 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Estonia (%) | -7.86 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| European Union (%) | -0.31 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
| Finland (%) | -1.39 Jun 2023 | quarterly | Mar 1991 - Jun 2023 |
| France (%) | -0.19 2022 | yearly | 1979 - 2022 |
| Georgia (%) | 4.42 2022 | yearly | 1997 - 2022 |
| Germany (%) | -1.35 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
| Ghana (%) | 0.41 2022 | yearly | 1992 - 2022 |
| Greece (%) | 1.63 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Hong Kong SAR, China (%) | 1.51 Mar 2023 | quarterly | Dec 1982 - Mar 2023 |
| Hungary (%) | -1.40 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Iceland (%) | -0.87 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| India (%) | 2.53 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 2.00 2022 | yearly | 2001 - 2022 |
| Iran (%) | 0.24 2022 | yearly | 1992 - 2022 |
| Ireland (%) | -4.12 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Israel (%) | -0.67 Jun 2023 | quarterly | Mar 2013 - Jun 2023 |
| Italy (%) | -0.86 Jun 2023 | quarterly | Mar 1997 - Jun 2023 |
| Ivory Coast (%) | 2.28 2022 | yearly | 1992 - 2022 |
| Japan (%) | 1.28 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Jordan (%) | -2.32 2020 | yearly | 2001 - 2020 |
| Kazakhstan (%) | 3.74 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
| Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
| South Korea (%) | -0.33 Jun 2023 | quarterly | Sep 1983 - Jun 2023 |
| Kosovo (%) | 0.99 Dec 2022 | quarterly | Mar 2017 - Dec 2022 |
| Kuwait (%) | 1.29 2018 | yearly | 1993 - 2018 |
| Kyrgyzstan (%) | 4.55 2022 | yearly | 1993 - 2022 |
| Laos (%) | 0.54 2021 | yearly | 1992 - 2021 |
| Latvia (%) | -0.79 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
| Lebanon (%) | -9.35 2021 | yearly | 1992 - 2021 |
| Lithuania (%) | 0.63 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Luxembourg (%) | -4.14 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Macau SAR, China (%) | 119.18 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| North Macedonia (%) | 3.37 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Malawi (%) | -2.62 2022 | yearly | 1992 - 2022 |
| Malaysia (%) | 0.02 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
| Malta (%) | -1.02 Jun 2023 | quarterly | Dec 2001 - Jun 2023 |
| Mauritius (%) | 3.28 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Mexico (%) | 1.64 Jun 2023 | quarterly | Jun 1996 - Jun 2023 |
| Moldova (%) | -12.20 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Mongolia (%) | 5.86 Jun 2023 | quarterly | Sep 2007 - Jun 2023 |
| Montenegro (%) | -6.91 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Morocco (%) | 5.72 2021 | yearly | 2000 - 2021 |
| Mozambique (%) | 0.59 2022 | yearly | 1992 - 2022 |
| Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
| Nepal (%) | 0.19 2021 | yearly | 1992 - 2021 |
| Netherlands (%) | -1.86 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| New Zealand (%) | -1.17 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | -0.91 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Oman (%) | -10.26 2022 | yearly | 1999 - 2022 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | -0.30 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| Panama (%) | 4.70 2022 | yearly | 1992 - 2022 |
| Paraguay (%) | 1.37 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
| Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 2.27 2022 | yearly | 1992 - 2022 |
| Poland (%) | -1.76 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Portugal (%) | 0.25 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | 3.65 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Russia (%) | -3.61 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Saudi Arabia (%) | -3.88 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 4.38 Jun 2023 | quarterly | Mar 2015 - Jun 2023 |
| Singapore (%) | -4.90 Jun 2023 | quarterly | Mar 1986 - Jun 2023 |
| Slovakia (%) | 1.29 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Slovenia (%) | 0.24 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| South Africa (%) | -3.26 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Spain (%) | 2.02 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Sri Lanka (%) | -9.48 Mar 2023 | quarterly | Jun 2013 - Mar 2023 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | -3.06 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Switzerland (%) | -2.90 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.9 2022 | yearly | 2003 - 2022 |
| Consolidated Fiscal Balance (USD mn) | -3,005.500 2022 | yearly | 2003 - 2022 |
| Tax Revenue (USD mn) | 353.510 May 2023 | monthly | Jan 1995 - May 2023 |
| Tax Revenue: % of GDP (%) | 6.9 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| National Government Debt (USD mn) | 46,720.4 Jul 2023 | monthly | Jul 2004 - Jul 2023 |
| Government Debt: % of GDP (%) | 62.3 Sep 2022 | quarterly | Dec 2007 - Sep 2022 |
| Forecast: Government Expenditure (PAB bn) | 23.051 2028 | yearly | 1994 - 2028 |
| Forecast: Government Net Debt (PAB bn) | 52.276 2028 | yearly | 1994 - 2028 |
| Forecast: Government Revenue (PAB bn) | 21.453 2028 | yearly | 1994 - 2028 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 353,510.462 May 2023 | monthly | Jan 1995 - May 2023 |
| Central Government Revenue: Current Revenue (PAB th) | 478,243.457 May 2023 | monthly | Jan 1995 - May 2023 |
| Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 168,443.301 May 2023 | monthly | Jan 1995 - May 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,048.4 May 2023 | monthly | Jan 1964 - May 2023 |
| Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
| Total Exports Growth (%) | -12.3 Jun 2023 | monthly | Jan 2001 - Jun 2023 |
| Aluminum: Exports (USD th) | 5,167.980 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 807,995.942 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 145,164.399 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,358.3 May 2023 | monthly | Jan 2000 - May 2023 |
| Total Imports Growth (%) | 4.5 May 2023 | monthly | Jan 2001 - May 2023 |
| Imports: Medicament (USD th) | 1,054,288.448 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 448,064.045 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 9.420 May 2023 | monthly | Jan 1970 - May 2023 |
| Total Imports from USA (USD mn) | 247.363 May 2023 | monthly | Jan 1967 - May 2023 |
| Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
| Total Imports from China (USD mn) | 168.995 May 2023 | monthly | Mar 1989 - May 2023 |
| Exports: FOB: Prawn (PAB th) | 4,930.818 Jun 2023 | monthly | Jan 2000 - Jun 2023 |
| Exports: FOB: Banana (PAB th) | 12,254.483 Jun 2023 | monthly | Jan 2000 - Jun 2023 |
| Exports: FOB: Seafood Products (PAB th) | 6,513.021 Jun 2023 | monthly | Jan 2002 - Jun 2023 |
| Exports: FOB (PAB th) | 343,442.332 Jun 2023 | monthly | Jan 2000 - Jun 2023 |
| Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) | 6,147.94 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
| Exports: FOB: Raw Wood (PAB th) | 7,428.13 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -2.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Current Account Balance (USD mn) | -2,979.5 Sep 2022 | quarterly | Mar 1998 - Sep 2022 |
| Current Account Balance: % of GDP (%) | -16.7 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Foreign Direct Investment (USD mn) | 578.7 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Foreign Direct Investment: % of GDP (%) | 3.9 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Foreign Portfolio Investment (USD mn) | 968.070 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Sep 2022 | quarterly | Mar 2013 - Sep 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 968.070 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| External Debt (USD mn) | 38,646.0 Jul 2023 | monthly | Jul 2004 - Jul 2023 |
| External Debt: % of GDP (%) | 167.4 2021 | yearly | 2014 - 2021 |
| External Debt: Short Term (USD mn) | 39,768.7 Dec 2021 | quarterly | Sep 2014 - Dec 2021 |
| External Debt: Short Term: % of GDP (%) | 59.0 2021 | yearly | 1970 - 2021 |
| Forecast: Current Account Balance (USD bn) | -2.743 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -72,476.053 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: Net Errors and Omissions (PAB mn) | -1,339.033 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Balance of Payment (BoP): Current Account (CA) (PAB mn) | 454.311 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Goods (PAB mn) | -2,408.674 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Goods: Credit (PAB mn) | 4,654.744 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Goods: Debit (PAB mn) | -7,063.418 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Services (PAB mn) | 3,171.950 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Services: Credit (PAB mn) | 4,462.109 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Services: Debit (PAB mn) | -1,290.158 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Income (PAB mn) | -287.914 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Income: Credit (PAB mn) | 689.499 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: CA: Income: Debit (PAB mn) | -977.413 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: Capital Account (PAB mn) | 2.015 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: Capital Account: Credit (PAB mn) | 2.015 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: Financing: Reserve Assets (PAB mn) | -444.696 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: Financial Account (FA) (PAB mn) | 1,727.641 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: FA: Direct Investment (PAB mn) | 581.314 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 1,688.657 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | 968.070 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| International Investment Position (IIP) (USD mn) | -70,557.258 Dec 2022 | quarterly | Mar 2015 - Dec 2022 |
| IIP: Liabilities (USD mn) | 166,371.605 Dec 2022 | quarterly | Mar 2015 - Dec 2022 |
| IIP: Assets (USD mn) | 95,814.347 Dec 2022 | quarterly | Mar 2015 - Dec 2022 |
| Foreign Direct Investment (FDI) (PAB mn) | 578.707 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Jul 2023 | monthly | Dec 2008 - Jul 2023 |
| Household Debt: % of GDP (%) | 42.6 Sep 2022 | quarterly | Dec 2007 - Sep 2022 |
| Non-Performing Loans (USD mn) | 1,401.997 Jul 2023 | monthly | Dec 2008 - Jul 2023 |
| Money Supply M1 (USD mn) | 8,920.760 Jun 2023 | monthly | Dec 2002 - Jun 2023 |
| Money Supply M2 (USD mn) | 37,941.910 Jun 2023 | monthly | Dec 2002 - Jun 2023 |
| M2 Growth (%) | -1.8 Jun 2023 | monthly | Dec 2003 - Jun 2023 |
| Foreign Exchange Reserves (USD mn) | 5,182.9 Jul 2023 | monthly | Oct 1969 - Jul 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 8.199 Sep 2022 | quarterly | Dec 2007 - Sep 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.3 May 2023 | monthly | Jan 2000 - May 2023 |
| Gold Reserves (USD mn) | 0.000 Jul 2023 | monthly | Sep 1969 - Jul 2023 |
| Total Deposits (USD mn) | 101,649.481 Jul 2023 | monthly | Dec 1998 - Jul 2023 |
| Total Deposits Growth (%) | 4.5 Jul 2023 | monthly | Dec 1999 - Jul 2023 |
| Domestic Credit (USD mn) | 59,783.8 Jul 2023 | monthly | Dec 2001 - Jul 2023 |
| Domestic Credit Growth (%) | 5.2 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
| Household Debt (USD mn) | 31,050.8 Jul 2023 | monthly | Oct 2005 - Jul 2023 |
| Total Loans (USD mn) | 88,048.156 Jul 2023 | monthly | Dec 1998 - Jul 2023 |
| Total Loans Growth (%) | 5.85 Jul 2023 | monthly | Dec 1999 - Jul 2023 |
| Private Debt: % of Nominal GDP (%) | 78.23 Sep 2022 | quarterly | Dec 2007 - Sep 2022 |
| Money Supply: M3 (PAB mn) | 37,941.910 Jun 2023 | monthly | Dec 2002 - Jun 2023 |
More Indicators for Panama
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