GDP per employed person in Panama

Panama: GDP per employed person was 81,808 constant 2021 PPP $ in 2025. ▲ Rising

Latest (2025)
81,808 constant 2021 PPP $
Change on year
up 2.5%
World rank
51st
of 177 countries
All-time high
81,808 constant 2021 PPP $
in 2025
All-time low
31,600 constant 2021 PPP $
in 1991
Years of data
35
1991–2025

GDP per employed person in Panama, 1991–2025

020.0k40.0k60.0k80.0k1991200820251991: 31.6k constant 2021 PPP $1992: 32.6k constant 2021 PPP $1993: 32.8k constant 2021 PPP $1994: 32.7k constant 2021 PPP $1995: 32.1k constant 2021 PPP $1996: 32.5k constant 2021 PPP $1997: 34.0k constant 2021 PPP $1998: 35.2k constant 2021 PPP $1999: 36.1k constant 2021 PPP $2000: 36.5k constant 2021 PPP $2001: 35.8k constant 2021 PPP $2002: 35.6k constant 2021 PPP $2003: 36.4k constant 2021 PPP $2004: 38.0k constant 2021 PPP $2005: 40.1k constant 2021 PPP $2006: 43.5k constant 2021 PPP $2007: 47.8k constant 2021 PPP $2008: 50.2k constant 2021 PPP $2009: 51.7k constant 2021 PPP $2010: 52.6k constant 2021 PPP $2011: 58.2k constant 2021 PPP $2012: 60.4k constant 2021 PPP $2013: 62.1k constant 2021 PPP $2014: 64.1k constant 2021 PPP $2015: 66.1k constant 2021 PPP $2016: 67.4k constant 2021 PPP $2017: 70.6k constant 2021 PPP $2018: 69.9k constant 2021 PPP $2019: 70.5k constant 2021 PPP $2020: 64.4k constant 2021 PPP $2021: 74.1k constant 2021 PPP $2022: 74.9k constant 2021 PPP $2023: 78.9k constant 2021 PPP $2024: 79.8k constant 2021 PPP $2025: 81.8k constant 2021 PPP $

Source: World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data. Measured in constant 2021 PPP $.

Analysis

The most recent figure for gdp per employed person in Panama is 81,808 constant 2021 PPP $, measured in 2025. That is the highest value across all 35 years on record.

The figure is up 2.5% on the previous year and up 23.7% over ten years.

Over the whole period, gdp per employed person in Panama peaked at 81,808 constant 2021 PPP $ in 2025 and was at its lowest, 31,600 constant 2021 PPP $, in 1991.

That places Panama 51st out of 177 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

GDP per employed person in Panama, year by year

Annual values for GDP per employed person in Panama, 1991 to 2025.
Year constant 2021 PPP $ Change
1991 31,600 constant 2021 PPP $
1992 32,578 constant 2021 PPP $ +3.1%
1993 32,849 constant 2021 PPP $ +0.8%
1994 32,744 constant 2021 PPP $ -0.3%
1995 32,070 constant 2021 PPP $ -2.1%
1996 32,520 constant 2021 PPP $ +1.4%
1997 34,006 constant 2021 PPP $ +4.6%
1998 35,154 constant 2021 PPP $ +3.4%
1999 36,069 constant 2021 PPP $ +2.6%
2000 36,464 constant 2021 PPP $ +1.1%
2001 35,760 constant 2021 PPP $ -1.9%
2002 35,593 constant 2021 PPP $ -0.5%
2003 36,425 constant 2021 PPP $ +2.3%
2004 38,038 constant 2021 PPP $ +4.4%
2005 40,078 constant 2021 PPP $ +5.4%
2006 43,500 constant 2021 PPP $ +8.5%
2007 47,775 constant 2021 PPP $ +9.8%
2008 50,238 constant 2021 PPP $ +5.2%
2009 51,736 constant 2021 PPP $ +3.0%
2010 52,571 constant 2021 PPP $ +1.6%
2011 58,174 constant 2021 PPP $ +10.7%
2012 60,350 constant 2021 PPP $ +3.7%
2013 62,074 constant 2021 PPP $ +2.9%
2014 64,125 constant 2021 PPP $ +3.3%
2015 66,114 constant 2021 PPP $ +3.1%
2016 67,423 constant 2021 PPP $ +2.0%
2017 70,613 constant 2021 PPP $ +4.7%
2018 69,935 constant 2021 PPP $ -1.0%
2019 70,488 constant 2021 PPP $ +0.8%
2020 64,449 constant 2021 PPP $ -8.6%
2021 74,147 constant 2021 PPP $ +15.0%
2022 74,858 constant 2021 PPP $ +1.0%
2023 78,854 constant 2021 PPP $ +5.3%
2024 79,813 constant 2021 PPP $ +1.2%
2025 81,808 constant 2021 PPP $ +2.5%

Panama compared with similar countries

  • Panama's 81,808 constant 2021 PPP $ is below the median for high income countries, which is 108,203 constant 2021 PPP $, 76% of the median. (59 countries reporting)
  • Panama's 81,808 constant 2021 PPP $ is above the median for Latin America & Caribbean, which is 44,224 constant 2021 PPP $, 1.8× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 33,288 constant 2021 PPP $ 31,600 constant 2021 PPP $ 36,069 constant 2021 PPP $ 9
2000s 41,561 constant 2021 PPP $ 35,593 constant 2021 PPP $ 51,736 constant 2021 PPP $ 10
2010s 64,187 constant 2021 PPP $ 52,571 constant 2021 PPP $ 70,613 constant 2021 PPP $ 10
2020s 75,655 constant 2021 PPP $ 64,449 constant 2021 PPP $ 81,808 constant 2021 PPP $ 6

Countries ranked near Panama

  1. 48 Kazakhstan 82,765 constant 2021 PPP $ compare
  2. 49 Estonia 82,213 constant 2021 PPP $ compare
  3. 50 Kuwait 81,972 constant 2021 PPP $ compare
  4. 52 Latvia 80,906 constant 2021 PPP $ compare
  5. 53 Bulgaria 76,237 constant 2021 PPP $ compare
  6. 54 Gabon 73,046 constant 2021 PPP $ compare

See the full ranking of 177 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is gdp per employed person in Panama?
Gdp per employed person in Panama was 81,808 constant 2021 PPP $ in 2025, according to World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data.
What is the highest gdp per employed person recorded in Panama?
The highest recorded value was 81,808 constant 2021 PPP $ in 2025.
What is the lowest gdp per employed person recorded in Panama?
The lowest recorded value was 31,600 constant 2021 PPP $ in 1991.
How does Panama rank for gdp per employed person?
Panama ranks 51st out of 177 countries with data for 2025.
Is gdp per employed person rising or falling in Panama?
Over the last ten years it is up 23.7%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data, published as part of GDP per employed person. Statizoid updates them automatically from the source API.

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GDP per employed person in Panama. Statizoid, drawing on World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data. Retrieved 24 September 2026, from https://labour.statizoid.com/stat/gdp-per-person-employed-constant-ppp/panama/

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About this data

Indicator
GDP per employed person
Unit
constant 2021 PPP $
Source
World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
177 places, 6,119 data points, 1991–2025
Last refreshed

Gross domestic product (GDP) divided by the total number of people employed in the economy. This data is adjusted for inflation and differences in living costs between countries.