Panama 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$57.06 billion
↓ 18.23% vs 2019GDP per Capita
$13,290.56
↓ 19.34% vs 2019GDP Growth (Annual %)
-17.82%
↓ 20.92pp vs 2019Inflation Rate (CPI %)
-1.55%
↓ 1.20pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $69.78 billion | $57.06 billion | -18.23% |
| GDP per Capita | $16,477.91 | $13,290.56 | -19.34% |
| GDP Growth (Annual %) | 3.10% | -17.82% | -20.92pp |
| Inflation (CPI %) | -0.36% | -1.55% | -1.20pp |
| Unemployment Rate (%) | 6.26% | 14.66% | +8.41pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $57.06 billion
- GDP per Capita
- $13,290.56
- GDP Growth (Annual %)
- -17.82%
- Gross National Income
- $55.31 billion
Prices & Employment
- Inflation (CPI %)
- -1.55%
- Inflation (GDP Deflator %)
- -0.49%
- Unemployment Rate (%)
- 14.66%
- Interest Rate (Real %)
- 7.54%
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)
- 0.68%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Panama's Gross Domestic Product (GDP) is $57.06 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Panama for 2020 is $13,290.56. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Panama for 2020 is -1.55%. This measures the annual percentage change in the cost of consumer goods and services.
Panama's annual GDP growth rate for 2020 is -17.82%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Panama for 2020 is 14.66%. This represents the percentage of the labor force that is unemployed and actively seeking employment.