Panama Investment: % of GDP

1996 - 2023 | Yearly | % | CEIC Data

Key information about Panama Investment: % of GDP

  • Panama Investment accounted for 37.7 % of its Nominal GDP in Dec 2023, compared with a ratio of 36.0 % in the previous year.
  • Panama investment share of Nominal GDP data is updated yearly, available from Dec 1996 to Dec 2023, with an average ratio of 33.7 %.
  • The data reached an all-time high of 44.3 % in Dec 2014 and a record low of 15.7 % in Dec 2002.

CEIC calculates Investment as % of Nominal GDP from annual Nominal Gross Capital Formation and annual Nominal GDP. The National Institute of Statistics and Census provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency, based on SNA 2008 benchmark year 2018. Investment as % of Nominal GDP prior to 2018 is based on SNA 1993 benchmark year 2007. Investment as % of Nominal GDP prior to 2007 is based on SNA 1993 benchmark year 1996.


Related information about Panama Investment: % of GDP

  • In the latest reports, Panama GDP expanded 9.5 % YoY in Sep 2022.
  • Panama Nominal GDP reached 18.1 USD bn in Sep 2022.
  • Its GDP deflator (implicit price deflator) increased 2.0 % in Sep 2022.
  • Its Gross Savings Rate was measured at 41.1 % in Dec 2023.

View Panama's Investment: % of GDP from 1996 to 2023 in the chart:

Panama Investment: % of GDP

What was Panama's Investment: % of GDP in 2023?

Panama Investment accounted for 37.7 % of its Nominal GDP in Dec 2023, compared with a ratio of 36.0 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
37.7 2023 36.0 2022 15.7 2002 44.3 2014 % yearly 1996 - 2023

Investment: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 21.7 Jun 2024 quarterly Mar 2008 - Jun 2024
Algeria (%) 37.7 2023 yearly 1950 - 2023
Argentina (%) 13.4 Jun 2024 quarterly Mar 1993 - Jun 2024
Armenia (%) 22.7 Jun 2024 quarterly Dec 1994 - Jun 2024
Australia (%) 25.8 Jun 2024 quarterly Sep 1959 - Jun 2024
Austria (%) 25.8 Jun 2024 quarterly Mar 1988 - Jun 2024
Azerbaijan (%) 19.1 Jun 2024 quarterly Mar 2001 - Jun 2024
Bahrain (%) 20.4 2022 yearly 1975 - 2022
Bangladesh (%) 31.0 2024 yearly 1960 - 2024
Belarus (%) 22.1 Jun 2024 quarterly Mar 1994 - Jun 2024
Belgium (%) 22.1 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 15.5 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 32.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (%) 36.7 Jun 2024 quarterly Mar 2006 - Jun 2024
Brazil (%) 17.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Brunei (%) 33.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Bulgaria (%) 20.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Cambodia (%) 16.0 2023 yearly 1960 - 2023
Canada (%) 21.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Chile (%) 22.2 Dec 2022 quarterly Mar 1996 - Dec 2022
China (%) 42.1 2023 yearly 1952 - 2023
Colombia (%) 14.7 Dec 2022 quarterly Mar 2005 - Dec 2022
Croatia (%) 26.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Cyprus (%) 15.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (%) 26.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (%) 26.0 Dec 2022 quarterly Mar 1990 - Dec 2022
Ecuador (%) 22.8 Sep 2022 quarterly Mar 1991 - Sep 2022
Egypt (%) 12.6 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (%) 25.2 Jun 2024 quarterly Mar 1993 - Jun 2024
European Union (%) 20.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 21.9 Mar 2023 quarterly Mar 1990 - Mar 2023
France (%) 21.3 Sep 2024 quarterly Mar 1980 - Sep 2024
Georgia (%) 22.8 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (%) 20.5 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 10.8 2023 yearly 2006 - 2023
Greece (%) 16.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Hong Kong SAR, China (%) 13.5 Jun 2024 quarterly Mar 1973 - Jun 2024
Hungary (%) 17.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Iceland (%) 25.1 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 32.8 Jun 2024 quarterly Jun 2004 - Jun 2024
Indonesia (%) 33.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Iran (%) 32.9 Mar 2022 quarterly Jun 1988 - Mar 2022
Ireland (%) 7.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Israel (%) 22.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (%) 21.8 Dec 2022 quarterly Mar 1980 - Dec 2022
Ivory Coast (%) 24.2 2023 yearly 1960 - 2023
Japan (%) 25.4 Jun 2024 quarterly Mar 1980 - Jun 2024
Jordan (%) 17.6 2023 yearly 1963 - 2023
Kazakhstan (%) 31.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Kenya (%) 16.4 2023 yearly 1964 - 2023
South Korea (%) 30.7 Jun 2024 quarterly Mar 1960 - Jun 2024
Kosovo (%) 32.7 Mar 2023 quarterly Mar 2010 - Mar 2023
Kuwait (%) 16.9 2022 yearly 1962 - 2022
Kyrgyzstan (%) 40.5 Sep 2023 quarterly Mar 2000 - Sep 2023
Laos (%) 29.0 2016 yearly 2000 - 2016
Latvia (%) 23.2 Jun 2024 quarterly Mar 1992 - Jun 2024
Lebanon (%) 21.8 2021 yearly 1990 - 2021
Lithuania (%) 23.1 Dec 2022 quarterly Mar 1995 - Dec 2022
Luxembourg (%) 15.6 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 13.2 Jun 2024 quarterly Mar 1998 - Jun 2024
North Macedonia (%) 21.8 Jun 2024 quarterly Mar 2000 - Jun 2024
Malawi (%) 12.3 2019 yearly 1960 - 2019
Malaysia (%) 25.3 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (%) 19.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Mauritius (%) 28.5 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (%) 21.9 Sep 2022 quarterly Mar 1993 - Sep 2022
Moldova (%) 24.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Mongolia (%) 25.6 Jun 2024 quarterly Mar 2005 - Jun 2024
Montenegro (%) 24.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (%) 30.9 Dec 2014 quarterly Mar 1998 - Dec 2014
Mozambique (%) 19.9 2023 yearly 1991 - 2022
Myanmar (%) 34.1 2018 yearly 1996 - 2018
Nepal (%) 30.5 2024 yearly 1965 - 2024
Netherlands (%) 20.7 Jun 2024 quarterly Mar 1987 - Jun 2024
New Zealand (%) 20.3 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (%) 36.1 2023 yearly 1981 - 2023
Norway (%) 22.4 Dec 2022 quarterly Mar 1978 - Dec 2022
Oman (%) 26.9 2022 yearly 1967 - 2022
Pakistan (%) 13.1 2024 yearly 1960 - 2024
Palestinian Territory (%) 27.3 Dec 2022 quarterly Mar 2011 - Dec 2022
Panama (%) 37.7 2023 yearly 1996 - 2023
Paraguay (%) 19.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (%) 18.2 Mar 2023 quarterly Mar 1980 - Mar 2023
Philippines (%) 23.7 Sep 2024 quarterly Jun 1972 - Sep 2024
Poland (%) 14.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 18.1 Mar 2024 quarterly Mar 1995 - Mar 2024
Qatar (%) 29.9 Sep 2022 quarterly Mar 2013 - Sep 2022
Romania (%) 23.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Russia (%) 23.5 Jun 2024 quarterly Mar 1993 - Jun 2024
Saudi Arabia (%) 26.3 Dec 2022 quarterly Mar 2003 - Dec 2022
Serbia (%) 23.9 Dec 2022 quarterly Mar 1995 - Dec 2022
Singapore (%) 21.0 2023 yearly 1960 - 2023
Slovakia (%) 19.6 Jun 2024 quarterly Mar 1990 - Jun 2024
Slovenia (%) 21.9 Dec 2022 quarterly Mar 1995 - Dec 2022
South Africa (%) 14.9 Jun 2024 quarterly Mar 1960 - Jun 2024
Spain (%) 19.6 Sep 2024 quarterly Mar 1980 - Sep 2024
Sri Lanka (%) 27.7 Jun 2024 quarterly Mar 2010 - Jun 2024
Sudan (%) 2.0 2023 yearly 1976 - 2023
Sweden (%) 24.0 Jun 2024 quarterly Mar 1980 - Jun 2024
Switzerland (%) 24.3 Jun 2024 quarterly Mar 1980 - Jun 2024

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 do

Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 324.482 Aug 2024 monthly Jan 1995 - Aug 2024
Tax Revenue: % of GDP (%) 6.7 Jun 2024 quarterly Mar 2007 - Jun 2024
National Government Debt (USD mn) 52,374.4 Sep 2024 monthly Jul 2004 - Sep 2024
Government Debt: % of GDP (%) 61.2 Jun 2024 quarterly Dec 2007 - Jun 2024
Forecast: Government Expenditure (PAB bn) 23.007 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 59.883 2029 yearly 1994 - 2029
Forecast: Government Revenue (PAB bn) 21.105 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue: Tax (PAB th) 324,482.432 Aug 2024 monthly Jan 1995 - Aug 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 126,490.852 Aug 2024 monthly Jan 1995 - Aug 2024
Central Government Revenue: Current Revenue (PAB th) 416,985.014 Aug 2024 monthly Jan 1995 - Aug 2024
Public Debt: Domestic (USD mn) 9,513.549 Sep 2024 monthly Jul 2004 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,137.9 Aug 2024 monthly Jan 1964 - Aug 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -78.5 Aug 2024 monthly Jan 2001 - Aug 2024
Aluminum: Exports (USD th) 6,067.531 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,213.5 Aug 2024 monthly Jan 2000 - Aug 2024
Total Imports Growth (%) -13.3 Aug 2024 monthly Jan 2001 - Aug 2024
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 43.777 Jul 2024 monthly Jan 1970 - Jul 2024
Total Imports from USA (USD mn) 3.675 Jul 2024 monthly Jan 1967 - Jul 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 8.220 Jul 2024 monthly Mar 1989 - Jul 2024
Exports: FOB: Prawn (PAB th) 9,354.541 Aug 2024 monthly Jan 2000 - Aug 2024
Exports: FOB: Seafood Products (PAB th) 10,858.852 Aug 2024 monthly Jan 2002 - Aug 2024
Exports: FOB (PAB th) 75,636.141 Aug 2024 monthly Jan 2000 - Aug 2024
Exports: FOB: Banana (PAB th) 11,157.195 Aug 2024 monthly Jan 2000 - Aug 2024
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
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) 94.7 Jun 2024 quarterly Mar 2013 - Jun 2024
Current Account Balance (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Current Account Balance: % of GDP (%) 2.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Direct Investment (USD mn) 731.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment: % of GDP (%) 3.8 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
External Debt (USD mn) 42,860.8 Sep 2024 monthly Jul 2004 - Sep 2024
External Debt: % of GDP (%) 167.4 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 (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.904 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -74,373.797 Jun 2024 quarterly Mar 2002 - Jun 2024
BoP: Net Errors and Omissions (PAB mn) -1,074.780 Jun 2024 quarterly Mar 2013 - Jun 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 434.679 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Debit (PAB mn) -1,204.292 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Debit (PAB mn) -6,501.463 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financial Account (FA) (PAB mn) -1,712.281 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Debit (PAB mn) -1,740.348 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,071.876 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Direct Investment (PAB mn) 637.235 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods (PAB mn) -2,641.439 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financing: Reserve Assets (PAB mn) 2,511.505 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Credit (PAB mn) 4,997.525 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income (PAB mn) -699.429 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Credit (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Credit (PAB mn) 3,860.024 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services (PAB mn) 3,793.233 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Credit (PAB mn) 1,040.920 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
IIP: Assets (USD mn) 104,112.057 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Liabilities (USD mn) 178,485.854 Jun 2024 quarterly Mar 2015 - Jun 2024
International Investment Position (IIP) (USD mn) -74,373.797 Jun 2024 quarterly Mar 2015 - Jun 2024
Foreign Direct Investment (FDI) (PAB mn) 731.906 Jun 2024 quarterly Mar 2013 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Sep 2024 monthly Dec 2008 - Sep 2024
Household Debt: % of GDP (%) 38.2 Jun 2024 quarterly Dec 2007 - Jun 2024
Non-Performing Loans (USD mn) 1,550.659 Sep 2024 monthly Dec 2008 - Sep 2024
Money Supply M1 (USD mn) 8,749.080 Jul 2024 monthly Dec 2002 - Jul 2024
Money Supply M2 (USD mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
M2 Growth (%) 8.7 Jul 2024 monthly Dec 2003 - Jul 2024
Foreign Exchange Reserves (USD mn) 4,502.2 Jul 2024 monthly Oct 1969 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 5.729 Jun 2024 quarterly Dec 2007 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 3.5 Aug 2024 monthly Jan 2000 - Aug 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 107,351.873 Sep 2024 monthly Dec 1998 - Sep 2024
Total Deposits Growth (%) 6.8 Sep 2024 monthly Dec 1999 - Sep 2024
Domestic Credit (USD mn) 63,079.0 Aug 2024 monthly Dec 2001 - Aug 2024
Domestic Credit Growth (%) 5.0 Aug 2024 monthly Dec 2002 - Aug 2024
Household Debt (USD mn) 32,516.0 Aug 2024 monthly Oct 2005 - Aug 2024
Total Loans (USD mn) 96,404.929 Sep 2024 monthly Dec 1998 - Sep 2024
Total Loans Growth (%) 8.77 Sep 2024 monthly Dec 1999 - Sep 2024
Private Debt: % of Nominal GDP (%) 69.20 Jun 2024 quarterly Dec 2007 - Jun 2024
Money Supply: M3 (PAB mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,911.483 Aug 2024 monthly Dec 2002 - Aug 2024

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.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data