pa Panama 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$76.28 billion

↑ 13.18% vs 2021
GDP per Capita

$17,332.44

↑ 11.75% vs 2021
GDP Growth (Annual %)

10.77%

↓ 5.70pp vs 2021
Inflation Rate (CPI %)

2.86%

↑ 1.23pp vs 2021

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $67.40 billion $76.28 billion +13.18%
GDP per Capita $15,509.81 $17,332.44 +11.75%
GDP Growth (Annual %) 16.47% 10.77% -5.70pp
Inflation (CPI %) 1.63% 2.86% +1.23pp
Unemployment Rate (%) 10.18% 8.09% -2.09pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$76.28 billion
GDP per Capita
$17,332.44
GDP Growth (Annual %)
10.77%
Gross National Income
$72.81 billion
Prices & Employment
Inflation (CPI %)
2.86%
Inflation (GDP Deflator %)
2.17%
Unemployment Rate (%)
8.09%
Interest Rate (Real %)
4.64%
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)
-0.62%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2022, Panama's Gross Domestic Product (GDP) is $76.28 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Panama for 2022 is $17,332.44. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Panama for 2022 is 2.86%. This measures the annual percentage change in the cost of consumer goods and services.

Panama's annual GDP growth rate for 2022 is 10.77%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Panama for 2022 is 8.09%. This represents the percentage of the labor force that is unemployed and actively seeking employment.