Panama Labour Productivity Growth
1992 - 2024 | Yearly | % | CEIC Data
Key information about Panama Labour Productivity Growth
- Panama Labour Productivity dropped by 1.18 % YoY in Dec 2024, compared with a growth of 5.57 % in the previous year
- Panama Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2024, averaging at 5.13 %
- The data reached an all-time high of 15.05 % in Dec 2021 and a record low of -8.57 % in Dec 2020
CEIC calculates annual Labour Productivity Growth from annual GDP per person employed. The World Bank provides GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2021 constant international dollars using PPP rates
View Panama's Labour Productivity Growth from 1992 to 2024 in the chart:
What was Panama's Labour Productivity Growth in 2024?
Panama Labour Productivity dropped by 1.18 % YoY in Dec 2024, compared with a growth of 5.57 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.18 2024 | 5.57 2023 | -8.57 2020 | 15.05 2021 | % | yearly | 1992 - 2024 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.47 Jun 2025 | quarterly | Jun 1997 - Jun 2025 |
| Algeria (%) | 2.05 2024 | yearly | 1992 - 2024 |
| Argentina (%) | 2.32 2024 | yearly | 1992 - 2024 |
| Armenia (%) | 6.51 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Australia (%) | 0.46 Sep 2025 | quarterly | Jun 1979 - Sep 2025 |
| Austria (%) | 0.85 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Azerbaijan (%) | 1.14 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Bahrain (%) | -3.79 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 2.42 2024 | yearly | 1992 - 2024 |
| Belarus (%) | 1.29 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Belgium (%) | -0.08 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Bolivia (%) | -2.79 2024 | yearly | 2000 - 2024 |
| Bosnia and Herzegovina (%) | -0.28 2024 | yearly | 2007 - 2024 |
| Botswana (%) | 7.48 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 0.57 2024 | yearly | 1992 - 2024 |
| Brunei (%) | 1.26 2024 | yearly | 1992 - 2024 |
| Bulgaria (%) | 0.72 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | 1.27 Sep 2025 | quarterly | Mar 1977 - Sep 2025 |
| Chile (%) | 0.40 Sep 2025 | quarterly | Mar 1987 - Sep 2025 |
| China (%) | 5.84 2024 | yearly | 1953 - 2024 |
| Colombia (%) | 0.86 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Croatia (%) | 3.26 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Cyprus (%) | 0.51 Sep 2025 | quarterly | Jun 2005 - Sep 2025 |
| Czech Republic (%) | 1.52 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| Denmark (%) | 2.54 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ecuador (%) | -2.72 2024 | yearly | 1992 - 2024 |
| Egypt (%) | -2.73 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Estonia (%) | -0.18 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| European Union (%) | 0.87 Sep 2025 | quarterly | Mar 2006 - Sep 2025 |
| Finland (%) | 0.76 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| France (%) | 0.44 2024 | yearly | 1979 - 2024 |
| Georgia (%) | 4.37 2024 | yearly | 1997 - 2024 |
| Germany (%) | 0.35 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Ghana (%) | 3.70 2024 | yearly | 1992 - 2024 |
| Greece (%) | 0.83 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Hong Kong SAR, China (%) | 4.31 Sep 2025 | quarterly | Dec 1982 - Sep 2025 |
| Hungary (%) | 1.23 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Iceland (%) | -0.13 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| India (%) | 3.39 2023 | yearly | 1992 - 2023 |
| Indonesia (%) | 1.55 2024 | yearly | 2001 - 2024 |
| Iran (%) | 2.38 2024 | yearly | 1992 - 2024 |
| Ireland (%) | 9.60 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Israel (%) | 2.61 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| Italy (%) | 0.03 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| Ivory Coast (%) | 2.78 2024 | yearly | 1992 - 2024 |
| Japan (%) | -0.00 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Jordan (%) | 2.45 2023 | yearly | 2001 - 2023 |
| Kazakhstan (%) | 6.30 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Kenya (%) | 1.38 2024 | yearly | 2011 - 2024 |
| South Korea (%) | 1.07 Sep 2025 | quarterly | Sep 1983 - Sep 2025 |
| Kosovo (%) | 10.87 Dec 2024 | quarterly | Mar 2017 - Dec 2024 |
| Kuwait (%) | -4.93 2024 | yearly | 1992 - 2024 |
| Kyrgyzstan (%) | 5.93 2023 | yearly | 1993 - 2023 |
| Laos (%) | 2.17 2024 | yearly | 1992 - 2024 |
| Latvia (%) | 1.09 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Lebanon (%) | -1.95 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 2.40 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Luxembourg (%) | 1.23 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Macau SAR, China (%) | 9.10 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| North Macedonia (%) | 1.95 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Malawi (%) | -1.32 2024 | yearly | 1992 - 2024 |
| Malaysia (%) | 1.99 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Malta (%) | -1.73 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Mauritius (%) | 6.26 Mar 2025 | quarterly | Mar 2005 - Mar 2025 |
| Mexico (%) | -0.13 Sep 2025 | quarterly | Jun 1996 - Sep 2025 |
| Moldova (%) | 10.49 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Mongolia (%) | 3.94 Sep 2025 | quarterly | Sep 2007 - Sep 2025 |
| Montenegro (%) | 5.12 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Morocco (%) | 3.00 2024 | yearly | 2000 - 2024 |
| Mozambique (%) | -1.48 2024 | yearly | 1992 - 2024 |
| Myanmar (%) | -43.15 2022 | yearly | 1992 - 2022 |
| Nepal (%) | 3.63 2024 | yearly | 1992 - 2024 |
| Netherlands (%) | 1.30 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| New Zealand (%) | 1.23 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 1.45 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Oman (%) | 2.12 2024 | yearly | 1999 - 2024 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 0.72 Jun 2025 | quarterly | Dec 2009 - Jun 2025 |
| Panama (%) | 1.18 2024 | yearly | 1992 - 2024 |
| Paraguay (%) | 1.45 Jun 2025 | quarterly | Mar 2018 - Jun 2025 |
| Peru (%) | 0.56 2023 | yearly | 2002 - 2023 |
| Philippines (%) | 4.32 2024 | yearly | 1992 - 2024 |
| Poland (%) | 3.15 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Portugal (%) | -0.48 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Qatar (%) | -2.08 2024 | yearly | 2012 - 2024 |
| Romania (%) | 3.81 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Russia (%) | 0.13 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Saudi Arabia (%) | -7.72 2024 | yearly | 1971 - 2024 |
| Serbia (%) | 3.71 Sep 2025 | quarterly | Mar 2015 - Sep 2025 |
| Singapore (%) | 2.70 Sep 2025 | quarterly | Mar 1986 - Sep 2025 |
| Slovakia (%) | 0.94 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Slovenia (%) | 2.16 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| South Africa (%) | 1.40 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| Spain (%) | 0.06 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Sri Lanka (%) | 2.51 Jun 2025 | quarterly | Jun 2013 - Jun 2025 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 2.35 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Switzerland (%) | 0.19 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doPanama Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.9 2024 | yearly | 2003 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -6,416.100 2024 | yearly | 2003 - 2024 |
| Tax Revenue (USD mn) | 740.274 Sep 2025 | monthly | Jan 1995 - Sep 2025 |
| Tax Revenue: % of GDP (%) | 8.0 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| National Government Debt (USD mn) | 58,832.7 Oct 2025 | monthly | Jul 2004 - Oct 2025 |
| Government Debt: % of GDP (%) | 63.7 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Forecast: Government Expenditure (PAB bn) | 25.641 2030 | yearly | 1994 - 2030 |
| Forecast: Government Net Debt (PAB bn) | 70.554 2030 | yearly | 1994 - 2030 |
| Forecast: Government Revenue (PAB bn) | 23.819 2030 | yearly | 1994 - 2030 |
| Central Government Revenue: Current Revenue (PAB th) | 2,942,813.523 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 693,972.524 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 487,361.403 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Public Debt: Domestic (USD mn) | 9,460.795 Jan 2025 | monthly | Jul 2004 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,108.4 Sep 2025 | monthly | Jan 1964 - Sep 2025 |
| Total Exports (USD mn) | 83.9 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Total Exports Growth (%) | 0.6 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Aluminum: Exports (USD th) | 29,822.596 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 295,370.102 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 16,991.392 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 1,192.3 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Total Imports Growth (%) | 2.0 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Imports: Medicament (USD th) | 725,843.056 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 233,578.902 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 35.282 Aug 2025 | monthly | Jan 1970 - Aug 2025 |
| Total Imports from USA (USD mn) | 211.345 Aug 2025 | monthly | Jan 1967 - Aug 2025 |
| Total Exports to China (USD mn) | 1,194.503 2022 | yearly | 1999 - 2022 |
| Total Imports from China (USD mn) | 165.039 Aug 2025 | monthly | Mar 1989 - Aug 2025 |
| Exports: FOB: Prawn (PAB th) | 11,096.530 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Exports: FOB: Banana (PAB th) | 19,938.525 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Exports: FOB: Seafood Products (PAB th) | 7,601.984 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Exports: FOB (PAB th) | 84,431.775 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Exports: FOB: Asia: Rest of Asia: China (PAB th) | 1,072,958.000 2021 | yearly | 1999 - 2021 |
| Exports: FOB: America: NAFTA: Mexico (PAB th) | 30,335.000 2021 | yearly | 1999 - 2021 |
| 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 |
| Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) | 48,718.000 2021 | yearly | 1999 - 2021 |
| Import Value Index (2015=100) | 91.522 2021 | yearly | 1981 - 2021 |
| Export Value Index (2015=100) | 115.979 2021 | yearly | 1981 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -1,419.8 Jun 2025 | quarterly | Mar 2013 - Jun 2025 |
| Current Account Balance (USD mn) | 522.5 Jun 2025 | quarterly | Mar 1998 - Jun 2025 |
| Current Account Balance: % of GDP (%) | 2.6 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Foreign Direct Investment (USD mn) | -887.1 Jun 2025 | quarterly | Mar 1998 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | -4.4 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 434.124 Jun 2025 | quarterly | Mar 2013 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.2 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Jun 2025 | quarterly | Mar 2013 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 434.124 Jun 2025 | quarterly | Mar 2013 - Jun 2025 |
| External Debt (USD mn) | 48,132.1 Oct 2025 | monthly | Jul 2004 - Oct 2025 |
| External Debt: % of GDP (%) | 169.8 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 (%) | 59.9 2021 | yearly | 1970 - 2021 |
| Forecast: Current Account Balance (USD bn) | -3.079 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | -76,500.694 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| BoP: Net Errors and Omissions (PAB mn) | -2,237.755 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods (PAB mn) | -1,502.437 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Balance of Payment (BoP): Current Account (CA) (PAB mn) | 824.140 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services (PAB mn) | 3,683.629 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services: Debit (PAB mn) | -1,348.937 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income: Credit (PAB mn) | 1,000.008 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Financial Account (FA) (PAB mn) | 1,446.866 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods: Credit (PAB mn) | 4,331.072 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income: Debit (PAB mn) | -2,297.497 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods: Debit (PAB mn) | -5,833.509 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Financing: Reserve Assets (PAB mn) | -5.330 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services: Credit (PAB mn) | 5,032.566 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account: Credit (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income (PAB mn) | -1,297.490 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Direct Investment (PAB mn) | 674.772 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 924.830 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| IIP: Assets (USD mn) | 103,227.647 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| IIP: Liabilities (USD mn) | 181,645.968 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| International Investment Position (IIP) (USD mn) | -78,418.321 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Foreign Direct Investment (FDI) (PAB mn) | 726.814 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.5 Oct 2025 | monthly | Dec 2008 - Oct 2025 |
| Household Debt: % of GDP (%) | 37.7 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Non-Performing Loans (USD mn) | 1,501.738 Oct 2025 | monthly | Dec 2008 - Oct 2025 |
| Money Supply M1 (USD mn) | 9,045.180 Sep 2025 | monthly | Dec 2002 - Sep 2025 |
| Money Supply M2 (USD mn) | 45,621.300 Sep 2025 | monthly | Dec 2002 - Sep 2025 |
| M2 Growth (%) | 9.7 Sep 2025 | monthly | Dec 2003 - Sep 2025 |
| Foreign Exchange Reserves (USD mn) | 4,972.0 Oct 2025 | monthly | Oct 1969 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 4.744 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.1 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Sep 1969 - Mar 2024 |
| Total Deposits (USD mn) | 115,289.651 Oct 2025 | monthly | Dec 1998 - Oct 2025 |
| Total Deposits Growth (%) | 5.9 Oct 2025 | monthly | Dec 1999 - Oct 2025 |
| Domestic Credit (USD mn) | 65,123.3 Oct 2025 | monthly | Dec 2001 - Oct 2025 |
| Domestic Credit Growth (%) | 1.6 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Household Debt (USD mn) | 33,838.9 Oct 2025 | monthly | Oct 2005 - Oct 2025 |
| Total Loans (USD mn) | 102,246.063 Oct 2025 | monthly | Dec 1998 - Oct 2025 |
| Total Loans Growth (%) | 5.29 Oct 2025 | monthly | Dec 1999 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 68.25 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Money Supply: M3 (PAB mn) | 45,621.300 Sep 2025 | monthly | Dec 2002 - Sep 2025 |
| LC: National Banking System: Private Sector: Mortgage (PAB mn) | 21,436.337 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
More Indicators for Panama
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.