panama gdp per capita

Panama gdp growth rate for 2019 was 3.01%, a 0.69% decline from 2018. Most Recent Value. See how Panama ranks in US News Best Countries. 2000 60 80 Panama GNI per capita, Atlas method (current US$) 2000 Thousand 0 16 Panama Statistical Capacity score (Overall average) Panama. The statistic shows gross domestic product (GDP) per capita in Panama from 1984 to 2024*. Carbon dioxide emissions, per capita (tonnes) n.a. This page provides - Panama GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news. ... Panama: 14,090 53 Panama has no house price statistics. The lowest data : 1980 is the lowest year for the indicator : GDP per capita (US $). Over the last 20 years, GDP per capita of Panama grew substantially from 4,112 to 15,834 US dollars rising at an increasing annual rate that reached a maximum of 16.05% in 2008 and then decreased to 1.11% in 2019. GDP is the total value of all goods and services produced in a country in a year. Download historical data for 20 million indicators using your browser. The Trading Economics Application Programming Interface (API) provides direct access to our data. Publish your articles and forecasts in our website. The analysed country is : Panama. Nominal GDP per capita in Panama was (in balboas or US dollars) 11,691 in 2002, 13,099 in 2004, 14,004 in 2005 (Prelim), 15,141.9 in 2006 (est), as reported by Office of Statistics and Census, Government of Panama. Panama’s economy has experienced consistent growth in the recent past, with the growth rate being highest in 2007 at 12.1%. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. Below you will find the last recordings for the indicator : GDP per capita (US $). Further, if Panama’s economy grows at potential over the next five years, Panama’s per capita GDP will reach US$35,400, which is similar to that of Lithuania, Slovak Republic and Slovenia—all advanced economies. GDP is the total value of all goods and services produced in a country in a year. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. Over the last 20 years, GDP per capita based on PPP of Panama grew substantially from 8,338 to 33,004 international dollars rising at an increasing annual rate that reached a maximum of 13.06% in 2007 and then decreased to 3.35% in 2019. The print marked the sharpest fall on record. GDP per capita levels and growth rates: Panama, 1960-2014 Fast economic growth has been accompanied by a significant reduction in poverty rates and a substantial expansion of the middle class (Figure 2). Carbon dioxide emissions (kg per 2010 US$ of GDP) n.a. Definition: GNI per capita is gross national income divided by midyear population. Also Show. World Bank national accounts data, and OECD National Accounts data files. Figure 1. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. GDP per capita (constant 2010 US$) GDP per capita (current LCU) GDP per capita (current US$) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. S&P Upgrades Panama's Credit Rating to 'BBB+', Oil Prices Slide on Friday, Book Weekly Gain, US Stocks Book Weekly Loss, S&P Links Third Fall, Senegal November Inflation Rate at 5-Month Low, Spanish Shares End Lower, Fall 3.1% on the Week. Panama - GDP per capita (U.S. Panama GDP Value was 66.8 USD Billion in 2020. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. Central America – Panama … Population 4,176,873. World Bank national accounts data, and OECD National Accounts data files. Panama GDP (Gross Domestic Product) was INT$93.85billion for 2019 in PPP terms. $25,400 (2017 est.) Therefore, these figures should be used with caution. North America – United States $65,112 , Canada $46,213. Most Recent Year. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. density (per km2, 2020) 58: Capital city : Panama City: Capital city pop. GDP per capita > PPP > Constant 2000 international $: GDP per capita based on purchasing power parity (PPP). Panama: GDP per capita, constant 2010 dollars: For that indicator, we provide data for Panama from 1960 to 2019. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. The reduction in poverty was driven by a IMF GDP PPP per capita estimate for 2019 for the different countries in the four regions of Americas is as follows. Panama: GDP/cap growth, 5 years (%). Panama has some very basic financial statistics at the Superintendencia de Bancos de Panam'. The Panama isthmus provided early Spanish traders with a short route of transporting minerals destined for Spain from Peru. 15,834 (US dollars) in 2019 In 2019, GDP per capita for Panama was 15,834 US dollars. The official currency used in the country is known as the Panamanian Balboa. Panama's dollar-based economy rests primarily on a well-developed services sector that accounts for more than three-quarters of GDP. While the average Panamanian made USD7,987 a year in 2010, this figure had reached USD13,268 in 2015, the most recent year recorded by the World Bank. Panama: GDP per capita. In 2019, GDP per capita based on PPP for Panama was 33,004 international dollars. Panama gni per capita for 2017 was $13,750, a 7.59% increase from 2016. Economic Structure (in terms of GDP composition, 2018) Services (65.13%) Industry (29.16%) Agriculture (2.18%) External Trade (% of GDP) 94.3 (2016) Currency (Period Average) Panamanian Balboa . 1.00 per US$ (2017) Political System. GDP - per capita (PPP): This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Online tool for visualization and analysis. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. The economy of Central America is the eleventh-largest economy in Latin America, behind Brazil, Mexico, Argentina and Colombia.According to the World Bank, the nominal GDP of Central America reached 204 billion US dollar in 2010, as recovery from the crisis of 2009, where gross domestic product (GDP) suffered a decline to 3.8%. This indicator has fluctuated between $ 15,575.07 in 2018 and $ 474.09 in 1960 per cápita, PPA $. Has the same purchasing power Parity rates area 15,834 ( US $ ) in Panama is Forecast amount... Statistics at the Superintendencia de Bancos de Panam ' as of 2018 power over GDP the... ( e.g to international dollars increase from 2016 isthmus provided early Spanish traders with a of! Caribbean islands along … Panama GDP growth rate for 2016 was $ as! $ 62.22B, a 7.45 % increase from 2016 past 58 years, the Colon Zone. Affect developing countries country ’ s economy has experienced consistent growth in Panama at 5 percent! 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