Over the last 20 years, GDP per capita based on PPP of Panama grew substantially from 8,425 to 26,822 international dollars rising at an increasing annual rate that reached a maximum of 13.06% in 2007 and then decreased to 4.66% in 2019.GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. Panama has the highest GDP per capita in Central America and Uruguay has the highest GDP per capita in South America. GDP is the total value of all goods and services produced in a country in a year.
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Future growth will be bolstered by the Panama Canal expansion project that began in 2007 and was completed in 2016 at a cost of $5.3 billion - about 10-15% of current GDP. - … 1960-2019 Data | 2020-2022 Forecast | Historical | ChartDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. World and regional statistics, national data, maps and rankingsLatest releases of new datasets and data updates from different sources around the worldCurated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries.Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema.Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database.Search and explore the world’s largest statistical database to find data.Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data.Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives.In 2019, GDP per capita based on PPP for Panama was 26,822 international dollars. Graph and download economic data for Constant GDP per capita for Panama (NYGDPPCAPKDPAN) from 1960 to 2018 about Panama, per capita, real, and GDP. Panama - GDP per capita (U.S. Panama GDP - composition by sector. The Trading Economics Application Programming Interface (API) provides direct access to our data. GDP per capita in Panama averaged 5302.34 USD from 1960 until 2018, reaching an all time high of 11723.93 USD in 2018 and a record low of 2139.41 USD in 1960. Looking ahead, Panama’s Nominal GDP Per Capita is … The economy expanded 0.4% in the first quarter of 2020 compared to the same quarter a year earlier, down from the 3.3% expansion recorded in the fourth quarter of 2019 and marking the worst growth reading since Q4 2009. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. Knoema is the most comprehensive source of global decision-making data in the world. Factbook > Countries > Panama > Economy. ... GDP - per capita (PPP) GDP (official exchange rate) Tweet. CSV XML EXCEL. In 2019, GDP per capita based on PPP for Panama was 26,822 international dollars. IMF GDP per capita estimate for 2019 for the different … The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita.
NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2019. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. The statistic shows gross domestic product (GDP) per capita in Panama from 1984 to 2024*. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or “numeraire” currency.Live data and insights on Coronavirus outbreak around the world, including detailed statistics for the US, Italy, EU, and China. Panama GDP (Gross Domestic Product) was INT$93.85billion for 2019 in PPP terms. Online tool for visualization and analysis. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. All suggestions for corrections of any errors about GDP - per capita (PPP) should be addressed to the CIA. $3,000 in 2019. The description is composed by our digital data assistant.
Panama’s Nominal GDP Per Capita is forecasted to be 17,148.321 USD in Dec 2020 as reported by International Monetary Fund. The Bahamas has the highest GDP per capita among the Caribbean islands. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Facts and statistics about the GDP - composition by sector of Panama. GDP per capita (current US$) - Panama from The World Bank: Data. Confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more. The Gross Domestic Product per capita in Panama was last recorded at 11723.93 US dollars in 2018. The GDP per Capita in Panama is equivalent to 93 percent of the world's average.
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