Why is the US interested in Panama

Gross domestic product (GDP) in Panama until 2026

Published by Bruno Urmersbach, April 22nd, 2021
In 2020, Panama's gross domestic product was estimated to be around $ 52.9 billion. For the year 2021, Panama's GDP is forecast at around 59.4 billion US dollars. The statistic shows the gross domestic product (GDP) of Panama from 1980 to 2019 and forecasts up to 2026.

What do the terms mean GDPESDE.G?

  • Gross domestic product (GDP)
  • GDP denotes the total value of all goods and services in the year in question within national borders (domestic concept) have been manufactured and are intended for end use. The nationality of the service provider is irrelevant as long as the service was generated in the national territory. It is an important indicator of a country's economic strength.
  • Gross National Income (GNI)
  • The GNI, on the other hand, describes the total value of all goods and services that were sold in the relevant year by