π΅π¦ Panama
PA / PAN #116
Nomad Score
59.0
Cities
14
π KEY INDICATORS
GDP per capita (PPP) (2031)
$59,078
GDP (2031)
$131.3B
GDP Growth (2031)
4.5%
β
Inflation (2031)
2.0%
β
Unemployment (2031)
6.0%
β
Population (2031)
4.8M
Pop. Growth (2031)
0.0%
β
Gini Index (2024)
49.7
Govt Debt (2031)
53.9% of GDP
Current Account (2031)
-2.5% of GDP
FDI Inflows (2024)
$3.2B
Life Expectancy (2024)
79.8 yrs
Health Spending (2023)
8.3% of GDP
Internet Users (2024)
72.8%
Mobile Subs (2023)
156.6/100
Trade Openness (2024)
83.7% of GDP
Exchange Rate (2024)
1.00/USD
Foreign Reserves (2024)
$6.9B
π° GDP OVERVIEW
π€ GDP PER CAPITA (PPP)
π INFLATION (CPI)
π· UNEMPLOYMENT
π₯ POPULATION
π FISCAL & TRADE
Govt Debt (2031)
53.9% of GDP
Current Account (2031)
-2.5% of GDP
FDI Inflows (2024)
$3.2B
βοΈ INCOME INEQUALITY (GINI)
Gini Index (2024)
0.50
Assessment
High inequality
π’ BUSINESS ENVIRONMENT
New Business Density (2022)
4.55/1k
Tax Revenue (2021)
7.5% of GDP
Services Sector (2024)
69.3% of GDP
π§ FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
72.6
Bank Branches per 100k (2023)
18.6
ICT Service Exports (2024)
2.9%
Goods & Services Tax (2021)
4.0%
π HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2031 * | $131.3B | $59,078 | 4.5% | 2.0% | 6.0% | 4.8M | - | 53.9% | -2.5% | - | - | - | - | - |
| 2030 * | $123.1B | $55,404 | 4.5% | 2.0% | 6.9% | 4.8M | - | 55.3% | -2.5% | - | - | - | - | - |
| 2029 * | $115.4B | $51,959 | 4.8% | 2.0% | 7.8% | 4.8M | - | 56.3% | -2.5% | - | - | - | - | - |
| 2028 * | $108.0B | $49,214 | 4.5% | 2.0% | 8.6% | 4.7M | - | 57.1% | -2.5% | - | - | - | - | - |
| 2027 * | $101.3B | $46,716 | 4.5% | 2.0% | 9.5% | 4.7M | - | 57.5% | -2.5% | - | - | - | - | - |
| 2026 * | $95.0B | $44,342 | 3.8% | 1.4% | 10.4% | 4.6M | - | 57.7% | -1.5% | - | - | - | - | - |
| 2025 | $90.5B | $42,722 | 4.4% | 0.0% | 10.4% | 4.6M | - | 56.6% | 0.3% | - | - | - | - | - |
| 2024 | $86.5B | $41,369 | 2.7% | 0.7% | 9.5% | 4.5M | 49.7 | 57.8% | 0.7% | $3.2B | 79.8 | - | 72.8% | 1.00 |
| 2023 | $83.8B | $39,813 | 7.2% | 1.5% | 7.4% | 4.5M | 48.9 | 54.4% | -3.1% | $2.4B | 79.6 | 8.3% | 68.6% | 1.00 |
| 2022 | $76.5B | $36,333 | 11.0% | 2.9% | 9.9% | 4.4M | - | 56.2% | 0.0% | $2.5B | 79.3 | 9.1% | 67.3% | 1.00 |
| 2021 | $67.4B | $30,933 | 16.5% | 1.6% | 11.3% | 4.3M | 50.9 | 58.0% | -1.2% | $1.8B | 77.0 | 9.1% | 66.0% | 1.00 |
| 2020 | $57.1B | $27,017 | -17.8% | -1.6% | 18.5% | 4.3M | - | 62.4% | 0.2% | -$1.6B | 76.3 | 10.2% | 64.8% | 1.00 |
| 2019 | $69.8B | $33,240 | 3.1% | -0.4% | 7.1% | 4.2M | 49.8 | 42.5% | -5.1% | $4.7B | 78.5 | 8.1% | 63.6% | 1.00 |
| 2018 | $67.3B | $32,464 | 3.9% | 0.8% | 6.0% | 4.2M | 49.2 | 36.3% | -7.9% | $4.3B | 78.3 | 7.6% | 61.8% | 1.00 |
| 2017 | $64.3B | $33,533 | 5.7% | 0.9% | 6.1% | 4.1M | 49.9 | 34.3% | -5.8% | $4.1B | 77.9 | 7.2% | 60.0% | 1.00 |
| 2016 | $59.8B | $30,277 | 4.6% | 0.7% | 5.5% | 4.0M | 50.4 | 34.0% | -7.5% | $5.2B | 77.8 | 7.1% | 54.0% | 1.00 |
| 2015 | $55.8B | $27,245 | 5.3% | 0.1% | 5.1% | 4.0M | 50.8 | 34.1% | -8.7% | $5.1B | 77.6 | 6.9% | 51.2% | 1.00 |
| 2014 | $51.4B | $24,376 | 4.6% | 2.6% | 4.8% | 3.9M | 50.5 | 32.9% | -13.0% | $5.0B | 77.4 | 6.9% | 44.9% | 1.00 |
| 2013 | $46.9B | $21,924 | 6.3% | 4.0% | 4.1% | 3.9M | 51.5 | 30.8% | -8.7% | $3.8B | 77.1 | 6.5% | 44.0% | 1.00 |
| 2012 | $41.6B | $19,473 | 9.6% | 5.7% | 4.1% | 3.8M | 51.7 | 31.3% | -9.0% | $3.4B | 76.9 | 6.5% | 40.3% | 1.00 |
| 2011 | $35.7B | $17,474 | 11.9% | 5.9% | 4.5% | 3.7M | 51.3 | 35.9% | -12.7% | $4.4B | 76.7 | 6.8% | 42.7% | 1.00 |
| 2010 | $30.2B | $15,573 | 6.1% | 3.5% | 6.5% | 3.7M | 51.6 | 38.5% | -10.3% | $2.5B | 76.4 | 7.2% | 40.1% | 1.00 |
| 2009 | $27.8B | $14,766 | 1.6% | 2.4% | 6.6% | 3.6M | 51.8 | 39.5% | -0.8% | $1.1B | 76.2 | 7.0% | 39.1% | 1.00 |
| 2008 | $25.7B | $14,705 | 10.2% | 8.8% | 5.6% | 3.5M | 52.7 | 40.6% | -8.9% | $2.4B | 75.9 | 6.8% | 33.8% | 1.00 |
| 2007 | $21.7B | $13,333 | 13.2% | 4.2% | 6.4% | 3.5M | 52.7 | 48.2% | -5.4% | $2.2B | 75.7 | 7.4% | 22.3% | 1.00 |
| 2006 | $18.7B | $11,685 | 9.9% | 2.5% | 8.7% | 3.4M | 54.6 | 56.1% | -2.5% | $2.9B | 75.4 | 6.6% | 17.4% | 1.00 |
| 2005 | $16.6B | $10,511 | 8.3% | 2.9% | 9.8% | 3.4M | 53.8 | 61.5% | -6.4% | $1.1B | 75.2 | 6.2% | 11.5% | 1.00 |
π§ CONTINUE EXPLORING PANAMA