Or 292 passenger planes enough for a global fleet.
DebtClock.io
National Debt of Panama
43,851,336,944 B/.
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
50.84%
Latest year: 2024
Debt (nominal)
43,851,336,944 B/.
PAB / USD toggle below
GDP (nominal)
86,260,400,000 B/.
Latest year: 2024
Population
4,314,768
Latest year: 2024
Interest per Year
1,315,540,108 B/.
≈ 42 B/. / second
Debt per Citizen
10,163 B/.
Based on latest pop
Inflation (CPI, %)
0.69%
Year: 2024
GDP growth (%, real)
2.86%
Year: 2024
Unemployment (%)
6.52%
Year: 2024
Budget balance (% GDP)
-6.64%
Year: 2021
Display currency
Toggle between local currency (PAB) and USD using latest snapshot FX.
Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Panama Economy Snapshot
The economy of Panama shows steady performance, with a nominal GDP of 86.3 billion B/. and average income of about 19,992 B/. per person. Low inflation at 0.69%, while the economy posted modest growth of 2.86%. Low unemployment around 6.52%, and the government runs a substantial 6.64% fiscal deficit. The current exchange rate is 1.00 USD/PAB.
| GDP (nominal) | 86,260,400,000 B/. |
|---|---|
| GDP per capita | 19,992 B/. |
| Inflation | 0.69% |
| GDP growth | 2.86% |
| Unemployment | 6.52% |
| Budget balance | -6.64% |
| FX (USD/PAB) | 1.00 |
Panama Economy Facts
Equal to 23.1 million ounces of gold at ~$1,900 per ounce.
Equivalent to 654 Falcon 9 rocket launches if you prefer space exploration.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Trinidad and Tobago | 49.81% | $ 26.4B |
 Cyprus | 49.97% | $ 36.3B |
| Panama | 50.84% | $ 86.3B |
 Philippines | 51.02% | $ 461.6B |
 Dominican Republic | 51.30% | $ 124.3B |