Home / Countries / Central America
Panama economy
Panama’s economy grew 4.3% in 2025, faster than the world as a whole (2.9%). Consumer prices fell 0.2% in 2025, and 8.4% of the labour force was out of work.
| Indicator | Latest | Year |
|---|---|---|
| Real GDP growth | 4.3% | 2025 |
| Inflation (consumer prices) | −0.2% | 2025 |
| Unemployment | 8.4% | 2025 |
| GDP (US dollars) | $90.5 bn | 2025 |
| GDP per person (US dollars) | $19,790 | 2025 |
| GDP per person (PPP, international dollars) | $41,369 | 2024 |
| Current account balance, % of GDP | −0.2% | 2025 |
| Budget balance, % of GDP | −8.2% | 2024 |
| Extreme poverty, % of people below $3.00 a day | 3.1% | 2024 |
| Population | 4.6 m | 2025 |
Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.