Annual change in GDP and CO₂ emissions in Panama
Panama: Annual change in GDP and CO₂ emissions was 4.4% in 2025. ◆ Volatile
Annual change in GDP and CO₂ emissions in Panama, 1961–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
In 2025, annual change in gdp and co₂ emissions in Panama stood at 4.4%.
The figure is up 58.3% on the previous year and down 17.4% over ten years.
Over the whole period, annual change in gdp and co₂ emissions in Panama peaked at 16.5% in 2021 and was at its lowest, -17.8%, in 2020.
That places Panama 71st out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual change in GDP and CO₂ emissions in Panama, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 10.9% | — |
| 1962 | 8.2% | -24.5% |
| 1963 | 8.5% | +3.6% |
| 1964 | 4.4% | -48.1% |
| 1965 | 9.2% | +106.7% |
| 1966 | 7.6% | -17.2% |
| 1967 | 8.6% | +12.8% |
| 1968 | 7.0% | -18.4% |
| 1969 | 8.4% | +21.0% |
| 1970 | 7.0% | -17.6% |
| 1971 | 9.6% | +38.2% |
| 1972 | 4.6% | -52.3% |
| 1973 | 5.4% | +17.1% |
| 1974 | 2.4% | -54.4% |
| 1975 | 1.7% | -28.9% |
| 1976 | 1.7% | -4.4% |
| 1977 | 1.1% | -34.3% |
| 1978 | 9.8% | +795.1% |
| 1979 | 4.5% | -53.9% |
| 1980 | 13.1% | +189.8% |
| 1981 | 9.2% | -29.6% |
| 1982 | 5.3% | -41.9% |
| 1983 | -4.5% | -184.0% |
| 1984 | 2.7% | -160.3% |
| 1985 | 4.9% | +82.4% |
| 1986 | 3.6% | -27.8% |
| 1987 | -1.8% | -150.7% |
| 1988 | -13.4% | +639.6% |
| 1989 | 1.6% | -111.7% |
| 1990 | 8.1% | +418.4% |
| 1991 | 9.4% | +16.3% |
| 1992 | 8.2% | -12.9% |
| 1993 | 5.5% | -33.5% |
| 1994 | 2.9% | -47.8% |
| 1995 | 1.8% | -38.5% |
| 1996 | 4.1% | +132.9% |
| 1997 | 7.7% | +89.0% |
| 1998 | 8.4% | +8.8% |
| 1999 | 5.2% | -37.9% |
| 2000 | 4.2% | -19.2% |
| 2001 | 0.9% | -77.4% |
| 2002 | 2.5% | +164.1% |
| 2003 | 5.1% | +103.2% |
| 2004 | 8.2% | +60.4% |
| 2005 | 8.3% | +1.2% |
| 2006 | 9.9% | +19.1% |
| 2007 | 13.2% | +33.4% |
| 2008 | 10.2% | -22.5% |
| 2009 | 1.6% | -84.2% |
| 2010 | 6.1% | +276.8% |
| 2011 | 11.9% | +96.1% |
| 2012 | 9.6% | -19.2% |
| 2013 | 6.3% | -34.3% |
| 2014 | 4.6% | -26.9% |
| 2015 | 5.3% | +13.9% |
| 2016 | 4.6% | -13.2% |
| 2017 | 5.7% | +25.6% |
| 2018 | 3.9% | -31.8% |
| 2019 | 3.1% | -20.8% |
| 2020 | -17.8% | -674.3% |
| 2021 | 16.5% | -192.4% |
| 2022 | 11.0% | -33.0% |
| 2023 | 7.2% | -35.1% |
| 2024 | 2.7% | -61.7% |
| 2025 | 4.4% | +58.3% |
Panama compared with similar countries
- Panama's 4.4% is above the median for high income countries, which is 2.1%, 2.0× the median. (83 countries reporting)
- Panama's 4.4% is above the median for Latin America & Caribbean, which is 3.4%, 1.3× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual change in GDP and CO₂ emissions 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 |
|---|---|---|---|
| 1978 | +795.1% | 1.1% | 9.8% |
| 2020 | -674.3% | 3.1% | -17.8% |
| 1988 | -639.6% | -1.8% | -13.4% |
| 1990 | +418.4% | 1.6% | 8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.1% | 4.4% | 10.9% | 9 |
| 1970s | 4.8% | 1.1% | 9.8% | 10 |
| 1980s | 2.1% | -13.4% | 13.1% | 10 |
| 1990s | 6.1% | 1.8% | 9.4% | 10 |
| 2000s | 6.4% | 0.9% | 13.2% | 10 |
| 2010s | 6.1% | 3.1% | 11.9% | 10 |
| 2020s | 4.0% | -17.8% | 16.5% | 6 |
Countries ranked near Panama
More climate change data for Panama
- Nutrient nitrogen N (total) — Synthetic fertilizers (Agricultural) 36.85 million kg (2050)
- Emissions from livestock — Emissions (CO2eq) 4,728 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from N2O 1,100 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from CH4 3,628 kt (2050)
- Emissions from livestock — Emissions 4.15 kt (2050)
- Emissions from livestock — Emissions 129.58 kt (2050)
- Emissions from crops — Emissions (CO2eq) 304.48 kt (2050)
- Emissions from crops — Emissions (CO2eq) from N2O 247.11 kt (2050)
- Emissions from crops — Emissions (CO2eq) from CH4 57.37 kt (2050)
- Emissions from crops — Emissions 0.9325 kt (2050)
Frequently asked questions
- What is annual change in gdp and co₂ emissions in Panama?
- Annual change in gdp and co₂ emissions in Panama was 4.4% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual change in gdp and co₂ emissions recorded in Panama?
- The highest recorded value was 16.5% in 2021.
- What is the lowest annual change in gdp and co₂ emissions recorded in Panama?
- The lowest recorded value was -17.8% in 2020.
- How does Panama rank for annual change in gdp and co₂ emissions?
- Panama ranks 71st out of 212 countries with data for 2025.
- Is annual change in gdp and co₂ emissions rising or falling in Panama?
- Over the last ten years it is down 17.4%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual change in GDP and CO₂ emissions. Statizoid updates them automatically from the source API.
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About this data
Percentage change in gross domestic product (GDP) and carbon dioxide (CO₂) emissions.