Panama 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$67.40 billion
↑ 18.12% vs 2020GDP per Capita
$15,509.81
↑ 16.70% vs 2020GDP Growth (Annual %)
16.47%
↑ 34.29pp vs 2020Inflation Rate (CPI %)
1.63%
↑ 3.18pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $57.06 billion | $67.40 billion | +18.12% |
| GDP per Capita | $13,290.56 | $15,509.81 | +16.70% |
| GDP Growth (Annual %) | -17.82% | 16.47% | +34.29pp |
| Inflation (CPI %) | -1.55% | 1.63% | +3.18pp |
| Unemployment Rate (%) | 14.66% | 10.18% | -4.49pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $67.40 billion
- GDP per Capita
- $15,509.81
- GDP Growth (Annual %)
- 16.47%
- Gross National Income
- $63.40 billion
Prices & Employment
- Inflation (CPI %)
- 1.63%
- Inflation (GDP Deflator %)
- 1.42%
- Unemployment Rate (%)
- 10.18%
- Interest Rate (Real %)
- 5.44%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -1.16%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Panama's Gross Domestic Product (GDP) is $67.40 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Panama for 2021 is $15,509.81. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Panama for 2021 is 1.63%. This measures the annual percentage change in the cost of consumer goods and services.
Panama's annual GDP growth rate for 2021 is 16.47%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Panama for 2021 is 10.18%. This represents the percentage of the labor force that is unemployed and actively seeking employment.