GDP in USD PPP terms reached 111 USD bil in 2018 in Panama, according to the National Statistical Office. This is 10.9 % more than in the previous year.
Historically, GDP in USD PPP terms in Panama reached an all time high of 111 USD bil in 2018 and an all time low of 7.34 USD bil in 1980. When compared to Panama's main peers, GDP in USD PPP terms in Colombia amounted to 749 USD bil, 88.7 USD bil in Costa Rica, 49.0 USD bil in Honduras and 35.8 USD bil in Nicaragua in 2018.
Panama has been ranked 85th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 13 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.