Panama Nominal GDP

2007 - 2022 | Quarterly | USD mn | CEIC Data

Key information about Panama Nominal GDP

  • Panama Nominal GDP reached 17.6 USD bn in Mar 2022, compared with 18.6 USD bn in the previous quarter.
  • Nominal GDP in Panama is updated quarterly, available from Mar 2007 to Mar 2022, with an average number of 12.3 USD bn.
  • The data reached an all-time high of 18.6 USD bn in Dec 2021 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. The International Monetary Fund average market exchange rate is used for currency conversions.


Related information about Panama Nominal GDP

  • In the latest reports, Panama GDP expanded 13.6 % YoY in Mar 2022.
  • Its GDP deflator (implicit price deflator) increased 3.5 % in Mar 2022.
  • Its Gross Savings Rate was measured at 29.2 % in Dec 2020.
  • For Nominal GDP contributions, Investment accounted for 24.1 % in Dec 2020.
  • Public Consumption accounted for 16.9 % in Dec 2020.
  • Private Consumption accounted for 53.9 % in Dec 2020.

View Panama's Nominal GDP from Mar 2007 to Mar 2022 in the chart:

Panama Nominal GDP

What was Panama's Nominal GDP in Mar 2022?

Panama Nominal GDP reached 17.6 USD bn in Mar 2022, compared with 18.6 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
17,623.7 Mar 2022 18,559.5 Dec 2021 4,972.8 Mar 2007 18,559.5 Dec 2021 USD mn quarterly Mar 2007 - Mar 2022

Nominal GDP by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 4,763.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Algeria (USD mn) 42,572.7 Dec 2021 quarterly Mar 1999 - Dec 2021
Argentina (USD mn) 138,555.9 Mar 2022 quarterly Mar 1993 - Mar 2022
Armenia (USD mn) 3,051.7 Mar 2022 quarterly Dec 1994 - Mar 2022
Australia (USD mn) 420,831.4 Mar 2022 quarterly Sep 1959 - Mar 2022
Austria (USD mn) 119,900.2 Mar 2022 quarterly Mar 1988 - Mar 2022
Azerbaijan (USD mn) 17,562.3 Mar 2022 quarterly Mar 2001 - Mar 2022
Bahrain (USD mn) 10,806.5 Mar 2022 quarterly Mar 2007 - Mar 2022
Bangladesh (USD mn) 460,749.7 2022 yearly 1960 - 2022
Belarus (USD mn) 15,525.0 Mar 2022 quarterly Mar 1994 - Mar 2022
Belgium (USD mn) 153,432.8 Mar 2022 quarterly Mar 1980 - Mar 2022
Bolivia (USD mn) 11,251.1 Dec 2021 quarterly Mar 1990 - Dec 2021
Bosnia and Herzegovina (USD mn) 4,904.4 Mar 2022 quarterly Mar 2008 - Mar 2022
Botswana (USD mn) 4,650.1 Mar 2022 quarterly Sep 1993 - Mar 2022
Brazil (USD mn) 501,450.0 Jun 2022 quarterly Mar 1990 - Jun 2022
Brunei (USD mn) 3,853.9 Dec 2021 quarterly Mar 2004 - Dec 2021
Bulgaria (USD mn) 18,822.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Cambodia (USD mn) 26,985.6 2021 yearly 1993 - 2021
Canada (USD mn) 532,603.6 Mar 2022 quarterly Mar 1957 - Mar 2022
Chile (USD mn) 79,926.2 Mar 2022 quarterly Mar 1990 - Mar 2022
China (USD mn) 4,425,637.1 Jun 2022 quarterly Mar 1992 - Jun 2022
Colombia (USD mn) 86,226.8 Mar 2022 quarterly Mar 2000 - Mar 2022
Croatia (USD mn) 15,810.7 Mar 2022 quarterly Mar 1995 - Mar 2022
Cyprus (USD mn) 6,955.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Czech Republic (USD mn) 74,656.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Denmark (USD mn) 101,212.2 Mar 2022 quarterly Mar 1990 - Mar 2022
Ecuador (USD mn) 28,396.6 Mar 2022 quarterly Mar 1991 - Mar 2022
Egypt (USD mn) 96,155.5 Jun 2021 quarterly Sep 2001 - Jun 2021
Estonia (USD mn) 9,635.6 Mar 2022 quarterly Mar 1995 - Mar 2022
European Union (USD mn) 4,273,111.9 Mar 2022 quarterly Mar 1999 - Mar 2022
Finland (USD mn) 74,163.5 Mar 2022 quarterly Mar 1990 - Mar 2022
France (USD mn) 720,979.7 Mar 2022 quarterly Mar 1957 - Mar 2022
Georgia (USD mn) 4,610.4 Mar 2022 quarterly Mar 2010 - Mar 2022
Germany (USD mn) 1,015,177.8 Jun 2022 quarterly Mar 1960 - Jun 2022
Ghana (USD mn) 21,594.6 Mar 2022 quarterly Mar 2006 - Mar 2022
Greece (USD mn) 55,947.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Hong Kong SAR, China (USD mn) 86,893.9 Mar 2022 quarterly Mar 1973 - Mar 2022
Hungary (USD mn) 42,058.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Iceland (USD mn) 6,926.9 Mar 2022 quarterly Mar 1995 - Mar 2022
India (USD mn) 879,815.8 Mar 2022 quarterly Jun 1996 - Mar 2022
Indonesia (USD mn) 314,608.3 Mar 2022 quarterly Mar 1993 - Mar 2022
Iran (USD mn) 393,335.2 Dec 2021 quarterly Jun 1988 - Dec 2021
Ireland (USD mn) 131,137.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Israel (USD mn) 128,146.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Italy (USD mn) 516,458.7 Mar 2022 quarterly Mar 1980 - Mar 2022
Ivory Coast (USD mn) 10,091.2 Sep 2018 quarterly Mar 1997 - Sep 2018
Japan (USD mn) 1,165,764.4 Mar 2022 quarterly Mar 1957 - Mar 2022
Jordan (USD mn) 10,972.4 Mar 2022 quarterly Mar 1992 - Mar 2022
Kazakhstan (USD mn) 43,278.1 Mar 2022 quarterly Mar 1994 - Mar 2022
Kenya (USD mn) 28,077.8 Dec 2021 quarterly Mar 2009 - Dec 2021
South Korea (USD mn) 442,007.2 Mar 2022 quarterly Mar 1960 - Mar 2022
Kosovo (USD mn) 1,954.1 Mar 2022 quarterly Mar 2010 - Mar 2022
Kuwait (USD mn) 27,984.3 Dec 2020 quarterly Mar 2010 - Dec 2020
Kyrgyzstan (USD mn) 1,626.7 Mar 2022 quarterly Mar 2000 - Mar 2022
Laos (USD mn) 19,074.4 2021 yearly 1984 - 2021
Latvia (USD mn) 10,431.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Lebanon (USD mn) 63,482.3 2020 yearly 1997 - 2020
Lithuania (USD mn) 17,394.5 Mar 2022 quarterly Mar 1995 - Mar 2022
Luxembourg (USD mn) 22,327.9 Mar 2022 quarterly Mar 1995 - Mar 2022
Macau SAR, China (USD mn) 6,655.4 Mar 2022 quarterly Mar 1998 - Mar 2022
North Macedonia (USD mn) 3,290.8 Mar 2022 quarterly Mar 2000 - Mar 2022
Malawi (USD mn) 10,862.6 2019 yearly 1960 - 2019
Malaysia (USD mn) 100,790.2 Mar 2022 quarterly Mar 1991 - Mar 2022
Malta (USD mn) 4,248.6 Mar 2022 quarterly Mar 1992 - Mar 2022
Mauritius (USD mn) 2,906.6 Mar 2022 quarterly Mar 1999 - Mar 2022
Mexico (USD mn) 340,362.7 Mar 2022 quarterly Mar 1993 - Mar 2022
Moldova (USD mn) 3,110.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Mongolia (USD mn) 3,329.9 Mar 2022 quarterly Mar 2000 - Mar 2022
Montenegro (USD mn) 1,152.6 Mar 2022 quarterly Mar 2010 - Mar 2022
Morocco (USD mn) 34,565.6 Mar 2022 quarterly Mar 1990 - Mar 2022
Mozambique (USD mn) 15,777.0 2021 yearly 1963 - 2021
Myanmar (USD mn) 66,719.6 2018 yearly 2001 - 2018
Nepal (USD mn) 36,288.8 2021 yearly 2001 - 2021
Netherlands (USD mn) 255,069.4 Mar 2022 quarterly Mar 1988 - Mar 2022
New Zealand (USD mn) 61,582.6 Mar 2022 quarterly Jun 1987 - Mar 2022
Nigeria (USD mn) 109,066.7 Mar 2022 quarterly Mar 2010 - Mar 2022
Norway (USD mn) 139,600.3 Mar 2022 quarterly Mar 1978 - Mar 2022
Oman (USD mn) 22,836.9 Dec 2021 quarterly Mar 2005 - Dec 2021
Pakistan (USD mn) 377,286.3 2022 yearly 2000 - 2022
Palestinian Territory (USD mn) 4,898.6 Mar 2022 quarterly Mar 2000 - Mar 2022
Panama (USD mn) 17,623.7 Mar 2022 quarterly Mar 2007 - Mar 2022
Paraguay (USD mn) 10,335.3 Mar 2022 quarterly Mar 1994 - Mar 2022
Peru (USD mn) 56,146.1 Mar 2022 quarterly Mar 1979 - Mar 2022
Philippines (USD mn) 95,679.9 Mar 2022 quarterly Mar 1981 - Mar 2022
Poland (USD mn) 166,745.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Portugal (USD mn) 63,994.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Qatar (USD mn) 54,323.6 Mar 2022 quarterly Mar 2010 - Mar 2022
Romania (USD mn) 77,990.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Russia (USD mn) 404,404.3 Mar 2022 quarterly Mar 1993 - Mar 2022
Saudi Arabia (USD mn) 251,950.4 Mar 2022 quarterly Mar 2003 - Mar 2022
Serbia (USD mn) 14,696.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Singapore (USD mn) 106,889.7 Mar 2022 quarterly Mar 1975 - Mar 2022
Slovakia (USD mn) 28,404.6 Mar 2022 quarterly Mar 1995 - Mar 2022
Slovenia (USD mn) 15,667.3 Mar 2022 quarterly Mar 1995 - Mar 2022
South Africa (USD mn) 102,855.7 Dec 2021 quarterly Mar 1960 - Dec 2021
Spain (USD mn) 341,008.7 Jun 2022 quarterly Mar 1970 - Jun 2022
Sri Lanka (USD mn) 23,186.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Sudan (USD mn) 73,427.7 2020 yearly 1960 - 2020
Sweden (USD mn) 146,923.1 Mar 2022 quarterly Mar 1980 - Mar 2022
Switzerland (USD mn) 208,270.1 Mar 2022 quarterly Mar 1980 - Mar 2022

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Panama Key Series

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Includes 180 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.5 2021 yearly 2003 - 2021
Consolidated Fiscal Balance (USD mn) -3,522.800 2021 yearly 2003 - 2021
Tax Revenue (USD mn) 338.353 May 2022 monthly Jan 1995 - May 2022
Tax Revenue: % of GDP (%) 7.8 Mar 2022 quarterly Mar 2007 - Mar 2022
National Government Debt (USD mn) 43,175.3 Jun 2022 monthly Jul 2004 - Jun 2022
Government Debt: % of GDP (%) 64.6 Mar 2022 quarterly Dec 2007 - Mar 2022
Forecast: Government Expenditure (PAB bn) 22.756 2027 yearly 1994 - 2027
Forecast: Government Net Debt (PAB bn) 50.211 2027 yearly 1994 - 2027
Forecast: Government Revenue (PAB bn) 21.252 2027 yearly 1994 - 2027
Central Government Revenue: Current Revenue (PAB th) 469,732.158 May 2022 monthly Jan 1995 - May 2022
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 164,995.109 May 2022 monthly Jan 1995 - May 2022
Central Government Revenue: Current Revenue: Tax (PAB th) 338,353.082 May 2022 monthly Jan 1995 - May 2022
Central Government Operations: Total Revenue (PAB th) 14,209,596.569 2020 yearly 2000 - 2020
Central Government Operations: Total Expenditure (PAB th) 14,206,764.625 2020 yearly 2000 - 2020
CGO: Expenditure: Capital (USD mn) 2,877.800 2021 yearly 1993 - 2021
CGO: Overall Balance, Accrual Basis (USD mn) -4,007.800 2021 yearly 1993 - 2021
CGO: Expenditure: Current (USD mn) 8,921.000 2021 yearly 1993 - 2021
Public Debt: Domestic (USD mn) 7,653.724 May 2022 monthly Jul 2004 - May 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.996 2027 yearly 1980 - 2027
Trade Balance (USD mn) -941.0 May 2022 monthly Jan 1964 - May 2022
Total Exports (USD mn) 275.5 Apr 2022 monthly Jan 2000 - Apr 2022
Total Exports Growth (%) 126.2 May 2022 monthly Jan 2001 - May 2022
Aluminum: Exports (USD th) 6,565.346 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 1,464,149.845 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 155,615.515 2021 yearly 1995 - 2021
Total Imports (USD mn) 1,299.9 May 2022 monthly Jan 2000 - May 2022
Total Imports Growth (%) 31.7 May 2022 monthly Jan 2001 - May 2022
Imports: Medicament (USD th) 900,612.720 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 316,198.972 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 16.224 Apr 2022 monthly Jan 1970 - Apr 2022
Total Imports from USA (USD mn) 373.600 Apr 2022 monthly Jan 1967 - Apr 2022
Total Exports to China (USD mn) 370.063 2020 yearly 1999 - 2020
Total Imports from China (USD mn) 149.092 Apr 2022 monthly Mar 1989 - Apr 2022
Exports: FOB: Banana (PAB th) 12,084.975 Apr 2022 monthly Jan 2000 - Apr 2022
Exports: FOB: Seafood Products (PAB th) 4,045.981 Apr 2022 monthly Jan 2002 - Apr 2022
Exports: FOB: Asia: Rest of Asia: China (PAB th) 370,063.000 2020 yearly 1999 - 2020
Exports: FOB: Asia: Rest of Asia: Taiwan (PAB th) 19,716.000 2020 yearly 1999 - 2020
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: America: LAIA: MERCOSUR: Brazil (PAB th) 123,450.000 2020 yearly 1999 - 2020
Imports: CIF: America: NAFTA: USA (PAB th) 2,070,087.000 2020 yearly 1999 - 2020
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 27.2 Dec 2021 quarterly Mar 2013 - Dec 2021
Current Account Balance (USD mn) -650.7 Dec 2021 quarterly Mar 1998 - Dec 2021
Current Account Balance: % of GDP (%) -3.5 Dec 2021 quarterly Mar 2007 - Dec 2021
Foreign Direct Investment (USD mn) 697.3 Dec 2021 quarterly Mar 1998 - Dec 2021
Foreign Direct Investment: % of GDP (%) 3.8 Dec 2021 quarterly Mar 2007 - Dec 2021
Foreign Portfolio Investment (USD mn) -31.873 Dec 2021 quarterly Mar 2013 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -0.2 Dec 2021 quarterly Mar 2007 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2021 quarterly Mar 2013 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) -31.873 Dec 2021 quarterly Mar 2013 - Dec 2021
External Debt (USD mn) 35,519.6 Jun 2022 monthly Jul 2004 - Jun 2022
External Debt: % of GDP (%) 177.4 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 (%) 62.5 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.741 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -66,638.781 Dec 2021 quarterly Mar 2002 - Dec 2021
BoP: CA: Goods (PAB mn) -1,794.516 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Services: Debit (PAB mn) -1,264.051 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Net Errors and Omissions (PAB mn) -33.408 Dec 2021 quarterly Mar 2013 - Dec 2021
Balance of Payment (BoP): Current Account (CA) (PAB mn) -650.733 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Services: Credit (PAB mn) 3,362.215 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Capital Account (PAB mn) 1.078 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: FA: Direct Investment (PAB mn) 670.116 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Capital Account: Credit (PAB mn) 1.078 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: FA: Portfolio Investment: Assets (PAB mn) -917.845 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Services (PAB mn) 2,098.163 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Income: Debit (PAB mn) -1,318.890 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Financial Account (FA) (PAB mn) 1,085.360 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Goods: Debit (PAB mn) -6,111.848 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Income: Credit (PAB mn) 253.278 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Financing: Reserve Assets (PAB mn) -430.365 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Goods: Credit (PAB mn) 4,317.332 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Income (PAB mn) -1,065.612 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Capital Account: Debit (PAB mn) 0.000 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -31.873 Dec 2021 quarterly Mar 2013 - Dec 2021
IIP: Assets (USD mn) 83,221.854 Dec 2021 quarterly Mar 2015 - Dec 2021
International Investment Position (IIP) (USD mn) -66,638.781 Dec 2021 quarterly Mar 2015 - Dec 2021
IIP: Liabilities (USD mn) 149,860.635 Dec 2021 quarterly Mar 2015 - Dec 2021
Foreign Direct Investment (FDI) (PAB mn) 697.314 Dec 2021 quarterly Mar 2013 - Dec 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Jun 2022 monthly Dec 2008 - Jun 2022
Household Debt: % of GDP (%) 44.0 Mar 2022 quarterly Dec 2007 - Mar 2022
Non-Performing Loans (USD mn) 1,324.227 Jun 2022 monthly Dec 2008 - Jun 2022
Money Supply M1 (USD mn) 9,187.160 May 2022 monthly Dec 2002 - May 2022
Money Supply M2 (USD mn) 38,302.740 May 2022 monthly Dec 2002 - May 2022
M2 Growth (%) 5.5 May 2022 monthly Dec 2003 - May 2022
Foreign Exchange Reserves (USD mn) 7,651.6 Sep 2021 monthly Oct 1969 - Sep 2021
Foreign Exchange Reserves: % of GDP (%) 12.674 Sep 2021 quarterly Dec 2007 - Sep 2021
Foreign Exchange Reserves: Months of Import (NA) 7.5 Sep 2021 monthly Jan 2000 - Sep 2021
Gold Reserves (USD mn) 0.000 Sep 2021 monthly Sep 1969 - Sep 2021
Total Deposits (USD mn) 98,824.375 Jun 2022 monthly Dec 1998 - Jun 2022
Total Deposits Growth (%) 3.7 Jun 2022 monthly Dec 1999 - Jun 2022
Domestic Credit (USD mn) 56,590.0 Jun 2022 monthly Dec 2001 - Jun 2022
Domestic Credit Growth (%) 4.4 Jun 2022 monthly Dec 2002 - Jun 2022
Household Debt (USD mn) 29,471.5 Jun 2022 monthly Oct 2005 - Jun 2022
Total Loans (USD mn) 82,456.385 Jun 2022 monthly Dec 1998 - Jun 2022
Total Loans Growth (%) 12.24 Jun 2022 monthly Dec 1999 - Jun 2022
Private Debt: % of Nominal GDP (%) 80.20 Mar 2022 quarterly Dec 2007 - Mar 2022
Money Supply: M3 (PAB mn) 38,302.740 May 2022 monthly Dec 2002 - May 2022

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