Panama Nominal GDP

2007 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Panama Nominal GDP

  • Panama Nominal GDP reached 20.1 USD bn in Jun 2025, compared with 22.8 USD bn in the previous quarter.
  • Nominal GDP in Panama is updated quarterly, available from Mar 2007 to Jun 2025, with an average number of 13.8 USD bn.
  • The data reached an all-time high of 24.4 USD bn in Dec 2024 and a record low of 5.0 USD bn in Mar 2007.

CEIC converts quarterly Nominal GDP into USD. The National Institute of Statistics and Census provides Nominal GDP in local currency based on SNA 2008. The International Monetary Fund average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 2018 is based on SNA 1993.


Related information about Panama Nominal GDP

  • In the latest reports, Panama GDP expanded 3.4 % YoY in Jun 2025.
  • Its GDP deflator (implicit price deflator) fell 0.2 % in Jun 2025.
  • Its Gross Savings Rate was measured at 38.0 % in Dec 2023.
  • For Nominal GDP contributions, Investment accounted for 35.7 % in Dec 2024.
  • Public Consumption accounted for 13.2 % in Dec 2024.
  • Private Consumption accounted for 50.4 % in Dec 2022.

View Panama's Nominal GDP from Mar 2007 to Jun 2025 in the chart:

Panama Nominal GDP

What was Panama's Nominal GDP in Jun 2025?

Panama Nominal GDP reached 20.1 USD bn in Jun 2025, compared with 22.8 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
20,142.8 Jun 2025 22,846.1 Mar 2025 4,972.8 Mar 2007 24,350.4 Dec 2024 USD mn quarterly Mar 2007 - Jun 2025

Nominal GDP by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 7,641.7 Jun 2025 quarterly Mar 1995 - Jun 2025
Algeria (USD mn) 71,313.9 Jun 2025 quarterly Mar 1999 - Jun 2025
Argentina (USD mn) 182,517.3 Jun 2025 quarterly Mar 1993 - Jun 2025
Armenia (USD mn) 8,012.4 Sep 2025 quarterly Dec 1994 - Sep 2025
Australia (USD mn) 451,399.2 Jun 2025 quarterly Sep 1959 - Jun 2025
Austria (USD mn) 143,936.7 Jun 2025 quarterly Mar 1988 - Jun 2025
Azerbaijan (USD mn) 18,938.5 Jun 2025 quarterly Mar 2001 - Jun 2025
Bahrain (USD mn) 11,932.3 Jun 2025 quarterly Mar 2007 - Jun 2025
Bangladesh (USD mn) 459,601.6 2025 yearly 1960 - 2025
Belarus (USD mn) 22,290.3 Jun 2025 quarterly Mar 1994 - Jun 2025
Belgium (USD mn) 188,154.3 Sep 2025 quarterly Mar 1980 - Sep 2025
Bolivia (USD mn) 12,862.3 Dec 2024 quarterly Mar 1990 - Dec 2024
Bosnia and Herzegovina (USD mn) 8,074.6 Jun 2025 quarterly Mar 2008 - Jun 2025
Botswana (USD mn) 5,127.6 Jun 2025 quarterly Sep 1993 - Jun 2025
Brazil (USD mn) 587,698.0 Sep 2025 quarterly Mar 1990 - Sep 2025
Brunei (USD mn) 3,743.1 Jun 2025 quarterly Mar 2004 - Jun 2025
Bulgaria (USD mn) 37,031.9 Sep 2025 quarterly Mar 1995 - Sep 2025
Cambodia (USD mn) 46,300.3 2024 yearly 1993 - 2024
Canada (USD mn) 590,869.8 Sep 2025 quarterly Mar 1957 - Sep 2025
Chile (USD mn) 85,371.7 Sep 2025 quarterly Mar 1990 - Sep 2025
China (USD mn) 4,953,358.4 Sep 2025 quarterly Mar 1992 - Sep 2025
Colombia (USD mn) 117,535.8 Sep 2025 quarterly Mar 2000 - Sep 2025
Croatia (USD mn) 31,254.4 Sep 2025 quarterly Mar 1995 - Sep 2025
Cyprus (USD mn) 10,650.7 Sep 2025 quarterly Mar 1995 - Sep 2025
Czech Republic (USD mn) 102,597.1 Sep 2025 quarterly Mar 1995 - Sep 2025
Denmark (USD mn) 120,107.1 Sep 2025 quarterly Mar 1990 - Sep 2025
Ecuador (USD mn) 32,993.4 Jun 2025 quarterly Mar 1991 - Jun 2025
Egypt (USD mn) 87,010.9 Jun 2025 quarterly Sep 2001 - Jun 2025
Estonia (USD mn) 12,168.7 Sep 2025 quarterly Mar 1995 - Sep 2025
European Union (USD mn) 5,301,125.3 Jun 2025 quarterly Mar 1999 - Jun 2025
Finland (USD mn) 82,450.8 Sep 2025 quarterly Mar 1990 - Sep 2025
France (USD mn) 875,210.5 Sep 2025 quarterly Mar 1957 - Sep 2025
Georgia (USD mn) 9,328.5 Jun 2025 quarterly Mar 2010 - Jun 2025
Germany (USD mn) 1,310,045.7 Sep 2025 quarterly Mar 1960 - Sep 2025
Ghana (USD mn) 25,626.6 Jun 2025 quarterly Mar 2006 - Jun 2025
Greece (USD mn) 70,361.9 Jun 2025 quarterly Mar 1995 - Jun 2025
Hong Kong SAR, China (USD mn) 109,161.3 Sep 2025 quarterly Mar 1973 - Sep 2025
Hungary (USD mn) 61,281.5 Jun 2025 quarterly Mar 1995 - Jun 2025
Iceland (USD mn) 10,118.7 Sep 2025 quarterly Mar 1995 - Sep 2025
India (USD mn) 975,920.9 Sep 2025 quarterly Jun 1996 - Sep 2025
Indonesia (USD mn) 370,286.5 Sep 2025 quarterly Mar 1993 - Sep 2025
Iran (USD mn) 119,727.3 Jun 2025 quarterly Jun 1988 - Jun 2025
Ireland (USD mn) 185,768.9 Jun 2025 quarterly Mar 1995 - Jun 2025
Israel (USD mn) 159,218.8 Sep 2025 quarterly Mar 1995 - Sep 2025
Italy (USD mn) 659,738.5 Sep 2025 quarterly Mar 1980 - Sep 2025
Ivory Coast (USD mn) 19,144.9 Mar 2023 quarterly Mar 1997 - Mar 2023
Japan (USD mn) 1,077,560.8 Sep 2025 quarterly Mar 1957 - Sep 2025
Jordan (USD mn) 13,158.0 Jun 2025 quarterly Mar 1992 - Jun 2025
Kazakhstan (USD mn) 71,818.1 Jun 2025 quarterly Mar 1994 - Jun 2025
Kenya (USD mn) 34,879.7 Jun 2025 quarterly Mar 2009 - Jun 2025
South Korea (USD mn) 471,908.5 Jun 2025 quarterly Mar 1960 - Jun 2025
Kosovo (USD mn) 2,948.5 Jun 2025 quarterly Mar 2010 - Jun 2025
Kuwait (USD mn) 37,718.7 Jun 2025 quarterly Mar 2010 - Jun 2025
Kyrgyzstan (USD mn) 6,072.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Laos (USD mn) 16,129.9 2024 yearly 1984 - 2024
Latvia (USD mn) 12,499.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Lebanon (USD mn) 198,956.4 2023 yearly 1997 - 2023
Lithuania (USD mn) 24,775.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Luxembourg (USD mn) 24,858.5 Jun 2025 quarterly Mar 1995 - Jun 2025
Macau SAR, China (USD mn) 12,892.1 Sep 2025 quarterly Mar 1998 - Sep 2025
North Macedonia (USD mn) 4,562.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Malawi (USD mn) 10,862.6 2019 yearly 1960 - 2019
Malaysia (USD mn) 122,142.0 Sep 2025 quarterly Mar 1991 - Sep 2025
Malta (USD mn) 7,414.9 Sep 2025 quarterly Mar 1992 - Sep 2025
Mauritius (USD mn) 3,803.7 Jun 2025 quarterly Mar 1999 - Jun 2025
Mexico (USD mn) 473,560.8 Sep 2025 quarterly Mar 1993 - Sep 2025
Moldova (USD mn) 4,758.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Mongolia (USD mn) 5,532.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Montenegro (USD mn) 2,278.2 Jun 2025 quarterly Mar 2006 - Jun 2025
Morocco (USD mn) 45,506.2 Jun 2025 quarterly Mar 1990 - Jun 2025
Mozambique (USD mn) 22,746.2 2024 yearly 1963 - 2024
Myanmar (USD mn) 66,719.6 2018 yearly 2001 - 2018
Nepal (USD mn) 44,810.1 2025 yearly 2001 - 2025
Netherlands (USD mn) 346,529.9 Sep 2025 quarterly Mar 1988 - Sep 2025
New Zealand (USD mn) 65,657.8 Jun 2025 quarterly Jun 1987 - Jun 2025
Nigeria (USD mn) 63,773.0 Jun 2025 quarterly Mar 2010 - Jun 2025
Norway (USD mn) 136,434.8 Sep 2025 quarterly Mar 1978 - Sep 2025
Oman (USD mn) 26,453.9 Jun 2025 quarterly Mar 2005 - Jun 2025
Pakistan (USD mn) 407,188.6 2025 yearly 2000 - 2025
Palestinian Territory (USD mn) 3,017.5 Jun 2025 quarterly Mar 2000 - Jun 2025
Panama (USD mn) 20,142.8 Jun 2025 quarterly Mar 2007 - Jun 2025
Paraguay (USD mn) 11,299.1 Jun 2025 quarterly Mar 1994 - Jun 2025
Peru (USD mn) 86,584.5 Sep 2025 quarterly Mar 1979 - Sep 2025
Philippines (USD mn) 114,881.0 Sep 2025 quarterly Mar 1981 - Sep 2025
Poland (USD mn) 266,139.9 Sep 2025 quarterly Mar 1995 - Sep 2025
Portugal (USD mn) 90,787.1 Sep 2025 quarterly Mar 1995 - Sep 2025
Qatar (USD mn) 52,993.4 Jun 2025 quarterly Mar 2010 - Jun 2025
Romania (USD mn) 105,391.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Russia (USD mn) 612,639.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Saudi Arabia (USD mn) 311,512.3 Jun 2025 quarterly Mar 2003 - Jun 2025
Serbia (USD mn) 26,047.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Singapore (USD mn) 147,763.7 Sep 2025 quarterly Mar 1975 - Sep 2025
Slovakia (USD mn) 38,372.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Slovenia (USD mn) 20,681.0 Sep 2025 quarterly Mar 1995 - Sep 2025
South Africa (USD mn) 103,116.2 Jun 2025 quarterly Mar 1960 - Jun 2025
Spain (USD mn) 493,961.7 Sep 2025 quarterly Mar 1970 - Sep 2025
Sri Lanka (USD mn) 24,613.2 Jun 2025 quarterly Mar 2002 - Jun 2025
Sudan (USD mn) 30,863.0 2021 yearly 1960 - 2021
Sweden (USD mn) 169,118.0 Sep 2025 quarterly Mar 1980 - Sep 2025
Switzerland (USD mn) 270,043.0 Sep 2025 quarterly Mar 1980 - Sep 2025

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Panama 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) 20.512 Jul 2025 monthly Jan 1970 - Jul 2025
Total Imports from USA (USD mn) 209.282 Jul 2025 monthly Jan 1967 - Jul 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 163.428 Jul 2025 monthly Mar 1989 - Jul 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 (PAB th) 84,431.775 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: 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: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 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
Balance of Payment (BoP): Current Account (CA) (PAB mn) 824.140 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: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 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: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (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: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Debit (PAB mn) -5,833.509 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 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: Debit (PAB mn) 0.000 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 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) 8,864.380 Aug 2025 monthly Dec 2002 - Aug 2025
Money Supply M2 (USD mn) 45,263.270 Aug 2025 monthly Dec 2002 - Aug 2025
M2 Growth (%) 9.0 Aug 2025 monthly Dec 2003 - Aug 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) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,436.337 Oct 2025 monthly Dec 2002 - Oct 2025

More Indicators for Panama

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