Panama 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$59.76 billion
↑ 7.16% vs 2015GDP per Capita
$14,832.36
↑ 5.32% vs 2015GDP Growth (Annual %)
4.57%
↓ 0.69pp vs 2015Inflation Rate (CPI %)
0.74%
↑ 0.60pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $55.77 billion | $59.76 billion | +7.16% |
| GDP per Capita | $14,082.65 | $14,832.36 | +5.32% |
| GDP Growth (Annual %) | 5.27% | 4.57% | -0.69pp |
| Inflation (CPI %) | 0.14% | 0.74% | +0.60pp |
| Unemployment Rate (%) | 4.34% | 4.72% | +0.38pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $59.76 billion
- GDP per Capita
- $14,832.36
- GDP Growth (Annual %)
- 4.57%
- Gross National Income
- $55.62 billion
Prices & Employment
- Inflation (CPI %)
- 0.74%
- Inflation (GDP Deflator %)
- 2.48%
- Unemployment Rate (%)
- 4.72%
- Interest Rate (Real %)
- 4.02%
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)
- -7.54%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Panama's Gross Domestic Product (GDP) is $59.76 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Panama for 2016 is $14,832.36. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Panama for 2016 is 0.74%. This measures the annual percentage change in the cost of consumer goods and services.
Panama's annual GDP growth rate for 2016 is 4.57%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Panama for 2016 is 4.72%. This represents the percentage of the labor force that is unemployed and actively seeking employment.