Growth rate of real gdp per employed person in Panama
Panama: Growth rate of real gdp per employed person was 2.15 in 2025. ◆ Volatile
Growth rate of real gdp per employed person in Panama, 2000–2025
Source: Our World in Data.
Analysis
In 2025, growth rate of real gdp per employed person in Panama stood at 2.15.
The figure is up 76.2% on the previous year and down 30.6% over ten years.
Over the whole period, growth rate of real gdp per employed person in Panama peaked at 15.05 in 2021 and was at its lowest, -8.57, in 2020.
Panama ranks 72nd of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Growth rate of real gdp per employed person in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.1 | — |
| 2001 | -1.93 | -275.5% |
| 2002 | -0.47 | -75.6% |
| 2003 | 2.34 | -597.9% |
| 2004 | 4.43 | +89.3% |
| 2005 | 5.36 | +21.0% |
| 2006 | 8.54 | +59.3% |
| 2007 | 9.83 | +15.1% |
| 2008 | 5.16 | -47.5% |
| 2009 | 2.98 | -42.2% |
| 2010 | 1.61 | -46.0% |
| 2011 | 10.66 | +562.1% |
| 2012 | 3.74 | -64.9% |
| 2013 | 2.86 | -23.5% |
| 2014 | 3.3 | +15.4% |
| 2015 | 3.1 | -6.1% |
| 2016 | 1.98 | -36.1% |
| 2017 | 4.73 | +138.9% |
| 2018 | -0.96 | -120.3% |
| 2019 | 0.79 | -182.3% |
| 2020 | -8.57 | -1184.8% |
| 2021 | 15.05 | -275.6% |
| 2022 | 0.96 | -93.6% |
| 2023 | 5.34 | +456.2% |
| 2024 | 1.22 | -77.2% |
| 2025 | 2.15 | +76.2% |
Panama compared with similar countries
- Panama's 2.15 is above the median for high income countries, which is 1.52, 1.4× the median. (62 countries reporting)
- Panama's 2.15 is above the median for Latin America & Caribbean, which is 1.23, 1.7× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Growth rate of real gdp per employed person in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1184.8% | 0.79 | -8.57 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.73 | -1.93 | 9.83 | 10 |
| 2010s | 3.18 | -0.96 | 10.66 | 10 |
| 2020s | 2.69 | -8.57 | 15.05 | 6 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is growth rate of real gdp per employed person in Panama?
- Growth rate of real gdp per employed person in Panama was 2.15 in 2025, according to Our World in Data.
- What is the highest growth rate of real gdp per employed person recorded in Panama?
- The highest recorded value was 15.05 in 2021.
- What is the lowest growth rate of real gdp per employed person recorded in Panama?
- The lowest recorded value was -8.57 in 2020.
- How does Panama rank for growth rate of real gdp per employed person?
- Panama ranks 72nd out of 187 countries with data for 2025.
- Is growth rate of real gdp per employed person rising or falling in Panama?
- Over the last ten years it is down 30.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Growth rate of real gdp per employed person. Statizoid updates them automatically from the source API.
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