Gross capital formation rose 14.6% to USD 31,436 bil in Panama in 2023, according to the National Statistical Office.
Historically, gross capital formation in Panama reached an all time high of USD 31,436 bil in 2023 and an all time low of USD 114 bil in 1960. When compared to Panama's main peers, gross capital formation in Colombia amounted to USD 60,217 bil, USD 13,197 bil in Costa Rica, USD 7,622 bil in Honduras and USD 3,944 bil in Nicaragua in 2023.
Panama has been ranked 60th within the group of 153 countries we follow in terms of gross capital formation, 7 places above the position seen 10 years ago.
| Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Belize | USD bil | 379 | 403 | 380 | 529 | 640 | ... | |||||||||||||||
| Brazil | USD bil | 289,362 | 290,674 | 237,887 | 326,142 | 353,068 | ||||||||||||||||
| Colombia | USD bil | 70,835 | 69,066 | 51,713 | 60,255 | 68,391 | ||||||||||||||||
| Costa Rica | USD bil | 11,466 | 10,348 | 10,085 | 12,071 | 12,254 | ||||||||||||||||
| El Salvador | USD bil | 4,780 | 4,931 | 4,289 | 6,783 | 7,799 | ||||||||||||||||
| Guatemala | USD bil | 10,112 | 11,059 | 10,493 | 14,497 | 15,846 | ||||||||||||||||
| Honduras | USD bil | 6,395 | 5,715 | 4,593 | 6,820 | 8,273 | ||||||||||||||||
| Mexico | USD bil | 294,948 | 288,841 | 226,866 | 285,794 | 334,020 | ||||||||||||||||
| Nicaragua | USD bil | 3,136 | 2,264 | 2,588 | 3,381 | 3,401 | ||||||||||||||||
| Panama | USD bil | 27,734 | 26,563 | 13,668 | 21,094 | 27,422 | ... | |||||||||||||||
| Peru | USD bil | 47,438 | 47,573 | 36,639 | 50,505 | 55,036 | ||||||||||||||||
| USA | USD bil | 4,455,419 | 4,667,673 | 4,573,797 | 5,051,971 | 5,708,454 | ||||||||||||||||
| Venezuela | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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