Panama Market Capitalization

1993 - 2024 | Yearly | USD mn | CEIC Data

Key information about Panama Market Capitalization

  • Panama Market Capitalization accounted for 18.288 USD bn in Dec 2024, compared with a percentage of 20.354 USD bn in the previous year
  • Panama Market Capitalization is updated yearly, available from Dec 1993 to Dec 2024
  • The data reached an all-time high of 20.354 USD bn in Dec 2023 and a record low of 436.000 USD mn in Dec 1993

The World Bank provides annual Market Capitalization in USD. Market Capitalization includes domestic companies listed at the end of the year and excludes investment companies, mutual funds and other collective investment vehicles.

View Panama's Market Capitalization from 1993 to 2024 in the chart:

Panama Market Capitalization

What was Panama's Market Capitalization in 2024?

Panama Market Capitalization accounted for 18.288 USD bn in Dec 2024, compared with a percentage of 20.354 USD bn in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
18,288.000 2024 20,354.000 2023 436.000 1993 20,354.000 2023 USD mn yearly 1993 - 2024

Market Capitalization by Country Comparison

country/region Last Frequency Range
Algeria (USD mn) 5,744.458 Jan 2026 monthly Sep 1999 - Jan 2026
Argentina (USD mn) 103,135.076 Feb 2021 monthly Jan 1984 - Feb 2021
Armenia (USD mn) 1,206.098 Oct 2025 monthly Jan 2005 - Oct 2025
Australia (USD mn) 2,333,573.964 Jan 2026 monthly Jan 1985 - Jan 2026
Austria (USD mn) 224,451.767 Jan 2026 monthly Jan 2002 - Jan 2026
Bahrain (USD mn) 21,085.264 Jan 2026 monthly Jan 2004 - Jan 2026
Bangladesh (USD mn) 26,331.000 Dec 2025 monthly Jan 1998 - Dec 2025
Belgium (USD mn) 866,732.928 Nov 2025 monthly Jan 1990 - Nov 2025
Bosnia and Herzegovina (USD mn) 5,293.126 May 2023 monthly May 2008 - May 2023
Botswana (USD mn) 4,570.946 Dec 2025 monthly Jan 2003 - Dec 2025
Brazil (USD mn) 1,011,177.425 Jan 2026 monthly Jan 1995 - Jan 2026
Bulgaria (USD mn) 8,523.198 Dec 2025 monthly Jan 1998 - Dec 2025
Canada (USD mn) 4,573,355.817 Dec 2025 monthly Dec 2012 - Dec 2025
Chile (USD mn) 301,530.472 Jan 2026 monthly Jan 2003 - Jan 2026
China (USD mn) 16,335,460.068 Jan 2026 monthly Jul 1995 - Jan 2026
Colombia (USD mn) 156,105.857 Jan 2026 monthly Aug 2007 - Jan 2026
Croatia (USD mn) 39,003,516.420 Jan 2026 monthly Sep 2002 - Jan 2026
Cyprus (USD mn) 21,314.637 Dec 2025 monthly Sep 2004 - Dec 2025
Czech Republic (USD mn) 1,287,712.281 Jan 2026 monthly Jan 2000 - Jan 2026
Denmark (USD mn) 655,430.020 Jan 2026 monthly Jan 2006 - Jan 2026
Ecuador (USD mn) 11,363.258 2025 yearly 1990 - 2025
Egypt (USD mn) 67,324.799 Jan 2026 monthly Jan 1997 - Jan 2026
Estonia (USD mn) 5,842.311 Jan 2026 monthly Jan 2000 - Jan 2026
European Union (USD mn) 5,578,917.015 2018 yearly 1975 - 2018
Finland (USD mn) 384,946.098 Jan 2026 monthly Jan 1992 - Jan 2026
France (USD mn) 3,758,503.645 Jan 2026 monthly Dec 2004 - Jan 2026
Georgia (USD mn) 177.787 Jan 2026 monthly Jan 2015 - Jan 2026
Germany (USD mn) 2,949,950.980 Jan 2026 monthly Jan 1998 - Jan 2026
Ghana (USD mn) 16,332.017 Jan 2026 monthly Oct 2008 - Jan 2026
Greece (USD mn) 187,617.182 Jan 2026 monthly Feb 2008 - Jan 2026
Hong Kong SAR, China (USD mn) 6,490,557.636 Jan 2026 monthly Mar 1985 - Jan 2026
Hungary (USD mn) 84,105.864 Jan 2026 monthly Mar 2004 - Jan 2026
Iceland (USD mn) 21,402.671 Jan 2026 monthly Jan 2006 - Jan 2026
India (USD mn) 5,001,330.762 Jan 2026 monthly Jan 1993 - Jan 2026
Indonesia (USD mn) 942,505.507 Dec 2025 monthly Jan 1990 - Dec 2025
Iran (USD mn) 1,743,023.000 Sep 2023 monthly Nov 2006 - Sep 2023
Ireland (USD mn) 157,585.158 Feb 2023 monthly Dec 2000 - Feb 2023
Israel (USD mn) 507,400.000 Oct 2025 monthly Jan 2002 - Oct 2025
Italy (USD mn) 747,438.880 Feb 2023 monthly Jul 1998 - Feb 2023
Ivory Coast (USD mn) 23,878.984 Dec 2025 monthly Feb 2010 - Dec 2025
Japan (USD mn) 8,077,158.371 Jan 2026 monthly Jan 1957 - Jan 2026
Jordan (USD mn) 37,367.156 Dec 2025 monthly Jan 2000 - Dec 2025
Kazakhstan (USD mn) 87,332.623 Jan 2026 monthly Jan 2006 - Jan 2026
Kenya (USD mn) 23,894.211 Jan 2026 monthly Jan 2004 - Jan 2026
South Korea (USD mn) 3,426,192.741 Jan 2026 monthly Jan 1997 - Jan 2026
Kuwait (USD mn) 168,275.116 Jan 2026 monthly Apr 2005 - Jan 2026
Kyrgyzstan (USD mn) 2,517.491 Jan 2026 monthly Jan 2009 - Jan 2026
Laos (USD mn) 170.569 Jan 2026 monthly Jan 2011 - Jan 2026
Latvia (USD mn) 522.689 Jan 2026 monthly Jan 2000 - Jan 2026
Lebanon (USD mn) 17,667.872 Jan 2026 monthly Jan 1996 - Jan 2026
Lithuania (USD mn) 7,135.014 Jan 2026 monthly Jan 2000 - Jan 2026
Luxembourg (USD mn) 41,861.930 2024 yearly 1975 - 2024
North Macedonia (USD mn) 6,836.290 Jan 2026 monthly May 2004 - Jan 2026
Malawi (USD mn) 3,780.000 Jun 2024 monthly Jan 2004 - Jun 2024
Malaysia (USD mn) 508,833.148 Jan 2026 monthly Aug 2009 - Jan 2026
Malta (USD mn) 5,159.416 2023 yearly 2000 - 2023
Mauritius (USD mn) 6,725.631 Dec 2025 monthly Jan 2007 - Dec 2025
Mexico (USD mn) 611,147.916 Dec 2025 monthly Jan 1986 - Dec 2025
Mongolia (USD mn) 3,991.130 Jan 2026 monthly Feb 1998 - Jan 2026
Montenegro (USD mn) 2,376.312 Jan 2026 monthly Jan 2003 - Jan 2026
Morocco (USD mn) 114,997.192 Jan 2026 monthly Dec 1996 - Jan 2026
Mozambique (USD mn) 3,175.250 Nov 2025 monthly Oct 1999 - Nov 2025
Myanmar (USD mn) 372.102 Jan 2026 monthly Mar 2016 - Jan 2026
Nepal (USD mn) 31,577.607 Jan 2026 monthly Jul 2003 - Jan 2026
Netherlands (USD mn) 1,910,680.563 Dec 2025 monthly Jan 2002 - Dec 2025
New Zealand (USD mn) 92,866.710 2024 yearly 1985 - 2024
Nigeria (USD mn) 76,586.659 Jan 2026 monthly Jan 1985 - Jan 2026
Norway (USD mn) 462,812.523 Jan 2026 monthly Jan 2018 - Jan 2026
Oman (USD mn) 73,200.729 Jan 2026 monthly Jan 2003 - Jan 2026
Pakistan (USD mn) 74,449.245 Jan 2026 monthly Mar 1999 - Jan 2026
Palestinian Territory (USD mn) 5,009.187 Jan 2026 monthly Jan 2002 - Jan 2026
Panama (USD mn) 18,288.000 2024 yearly 1993 - 2024
Peru (USD mn) 336,186.398 Jan 2026 monthly Jan 1992 - Jan 2026
Philippines (USD mn) 330,830.791 Jan 2026 monthly Jan 1987 - Jan 2026
Poland (USD mn) 722,933.076 Jan 2026 monthly Aug 2007 - Jan 2026
Portugal (USD mn) 108,414.685 Dec 2025 monthly Mar 2005 - Dec 2025
Qatar (USD mn) 185,620.366 Jan 2026 monthly Oct 2003 - Jan 2026
Romania (USD mn) 134,614.000 Jan 2026 monthly Sep 1997 - Jan 2026
Russia (USD mn) 96,193.135 Jan 2026 monthly Apr 1997 - Jan 2026
Saudi Arabia (USD mn) 2,550,562.573 Jan 2026 monthly Dec 2005 - Jan 2026
Serbia (USD mn) 5,154.793 Jan 2026 monthly Apr 2004 - Jan 2026
Singapore (USD mn) 823,759.157 Dec 2025 monthly Jan 1999 - Dec 2025
Slovakia (USD mn) 2,902.178 Dec 2025 monthly Apr 2001 - Dec 2025
Slovenia (USD mn) 23,244.488 Jan 2026 monthly Jan 2008 - Jan 2026
South Africa (USD mn) 1,230,120.002 Jul 2023 monthly Jun 1992 - Jul 2023
Spain (USD mn) 1,868,425.599 Dec 2025 monthly Nov 2007 - Dec 2025
Sri Lanka (USD mn) 27,483.247 Jan 2026 monthly Jul 1991 - Jan 2026
Sudan (USD mn) 231.299 2021 yearly 2002 - 2021
Sweden (USD mn) 1,414,026.526 Jan 2026 monthly Apr 2006 - Jan 2026
Switzerland (USD mn) 2,195,124.428 Dec 2025 monthly Jan 2000 - Dec 2025
Syria (USD mn) 2,198.205 Jan 2026 monthly Jan 2010 - Jan 2026
Taiwan, China (USD mn) 3,317,139.214 Jan 2026 monthly Oct 1983 - Jan 2026
Thailand (USD mn) 559,222.711 Jul 2023 monthly Jan 1995 - Jul 2023
Tunisia (USD mn) 13,041.384 Jan 2026 monthly Jul 2004 - Jan 2026
Turkey (USD mn) 477,904.544 Jan 2026 monthly Jan 1986 - Jan 2026
Ukraine (USD mn) 4,415.440 2018 yearly 2010 - 2018
United Arab Emirates (USD mn) 1,143,441.709 Dec 2025 monthly Jan 2003 - Dec 2025
United Kingdom (USD mn) 4,175,311.890 Jan 2026 monthly Apr 1999 - Jan 2026
United States (USD mn) 62,185,685.320 2024 yearly 1975 - 2024
Uzbekistan (USD mn) 24,523.804 Jan 2026 monthly Jan 2010 - Jan 2026

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.6 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -3,320.820 2025 yearly 2003 - 2025
Tax Revenue (USD mn) 443.232 Nov 2025 monthly Jan 1995 - Nov 2025
Tax Revenue: % of GDP (%) 6.6 Sep 2025 quarterly Mar 2007 - Sep 2025
National Government Debt (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Central Government Revenue: Current Revenue: Tax (PAB th) 443,231.781 Nov 2025 monthly Jan 1995 - Nov 2025
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 219,865.927 Nov 2025 monthly Jan 1995 - Nov 2025
Central Government Revenue: Current Revenue (PAB th) 574,666.447 Nov 2025 monthly Jan 1995 - Nov 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -972.5 Nov 2025 monthly Jan 1964 - Nov 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) 1.3 Nov 2025 monthly Jan 2001 - Nov 2025
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,042.9 Nov 2025 monthly Jan 2000 - Nov 2025
Total Imports Growth (%) -2.0 Nov 2025 monthly Jan 2001 - Nov 2025
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 12.518 Oct 2025 monthly Jan 1970 - Oct 2025
Total Imports from USA (USD mn) 217.715 Oct 2025 monthly Jan 1967 - Oct 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 170.014 Oct 2025 monthly Mar 1989 - Oct 2025
Exports: FOB: Prawn (PAB th) 12,896.144 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Banana (PAB th) 2,293.212 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Seafood Products (PAB th) 4,864.801 Nov 2025 monthly Jan 2002 - Nov 2025
Exports: FOB (PAB th) 70,409.644 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 128.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Current Account Balance (USD mn) -502.9 Sep 2025 quarterly Mar 1998 - Sep 2025
Current Account Balance: % of GDP (%) -2.3 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Direct Investment (USD mn) 676.4 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Direct Investment: % of GDP (%) 3.1 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.0 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
External Debt (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
External Debt: % of GDP (%) 169.8 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.036 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -75,811.580 Sep 2025 quarterly Mar 2002 - Sep 2025
BoP: Net Errors and Omissions (PAB mn) -1,228.288 Sep 2025 quarterly Mar 2013 - Sep 2025
Balance of Payment (BoP): Current Account (CA) (PAB mn) -502.946 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Credit (PAB mn) 5,634.327 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods (PAB mn) -3,116.496 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Debit (PAB mn) -1,502.052 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income (PAB mn) -1,457.621 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Credit (PAB mn) 4,179.957 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Debit (PAB mn) -7,296.453 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services (PAB mn) 4,132.275 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financing: Reserve Assets (PAB mn) 466.385 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Debit (PAB mn) -2,560.827 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Credit (PAB mn) 1,103.205 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Credit (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Assets (PAB mn) -2,194.910 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Direct Investment (PAB mn) 548.322 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financial Account (FA) (PAB mn) 1,301.970 Sep 2025 quarterly Mar 2013 - Sep 2025
International Investment Position (IIP) (USD mn) -75,811.580 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Assets (USD mn) 117,266.585 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Liabilities (USD mn) 193,078.165 Sep 2025 quarterly Mar 2015 - Sep 2025
Foreign Direct Investment (FDI) (PAB mn) 676.356 Sep 2025 quarterly Mar 2013 - Sep 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Nov 2025 monthly Dec 2008 - Nov 2025
Household Debt: % of GDP (%) 37.7 Sep 2025 quarterly Dec 2007 - Sep 2025
Non-Performing Loans (USD mn) 1,598.833 Nov 2025 monthly Dec 2008 - Nov 2025
Money Supply M1 (USD mn) 9,066.270 Nov 2025 monthly Dec 2002 - Nov 2025
Money Supply M2 (USD mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
M2 Growth (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Foreign Exchange Reserves (USD mn) 5,644.2 Dec 2025 monthly Oct 1969 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 4.178 Sep 2025 quarterly Dec 2007 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 5.2 Nov 2025 monthly Jan 2000 - Nov 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 115,131.706 Nov 2025 monthly Dec 1998 - Nov 2025
Total Deposits Growth (%) 7.2 Nov 2025 monthly Dec 1999 - Nov 2025
Domestic Credit (USD mn) 64,958.0 Nov 2025 monthly Dec 2001 - Nov 2025
Domestic Credit Growth (%) 1.2 Nov 2025 monthly Dec 2002 - Nov 2025
Household Debt (USD mn) 33,969.4 Nov 2025 monthly Oct 2005 - Nov 2025
Total Loans (USD mn) 102,722.968 Nov 2025 monthly Dec 1998 - Nov 2025
Total Loans Growth (%) 5.67 Nov 2025 monthly Dec 1999 - Nov 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,458.796 Nov 2025 monthly Dec 2002 - Nov 2025

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