Panama's net capital account (BoP, current US$) was US$2.31 million in 2025, the latest year in the World Bank's World Development Indicators. That is down 91.41% from US$26.9 million in 2015 (21.77% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$2.31 million | 2025 |
| Five years earlier | US$11.09 million | 2020 |
| Ten years earlier | US$26.9 million | 2015 |
| Highest | US$130 million | 1992 |
| Lowest | −US$10 million | 2003 |
| Average since 2016 | US$13.24 million | 2016–2025 |
| First recorded | US$130 million |
What the numbers say
In 2025, Panama's net capital account (BoP, current US$) fell US$336,468 on 2024 (from US$2.65 million to US$2.31 million).
Across the 25 yearly changes before that (1996 to 2024), the average change was −US$802,122 and a typical year strayed about US$20.81 million from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$70.2 million in 1997 and the biggest yearly fall was US$47.9 million in 1999. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about US$2.83 million a year. A straight line explains 85% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about −US$5.83 million for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was US$3.34 million, against US$4.36 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Panama had the 80th highest value of the 122 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Panama in the 2025 ranking
What this measures
Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 30 values
| Year | Net capital account (BoP, current US$) |
|---|---|
| 2025 | 2,310,487 |
| 2024 | 2,646,955 |
| 2023 | 9,166,149 |
| 2022 | 8,864,160 |
| 2021 | 4,313,800 |
| 2020 | 11,094,357 |
| 2019 | 22,118,535 |
| 2018 | 22,650,278 |
| 2017 | 25,209,500 |
| 2016 | 24,014,200 |
| 2015 |
Net capital account (BoP, current US$) in nearby economies
- Antigua and Barbuda — US$58.66 million (2025)
- Argentina — US$454.14 million (2025)
- Aruba — −US$560,199 (2023)
- Barbados — −US$3.73 million (2017)
- Belize — US$10.63 million (2025)
- Bolivia — US$1.97 million (2025)
- Brazil — −US$216.06 million (2025)
- Chile — US$3.57 million (2025)
- Costa Rica — US$23.73 million (2025)
- Curaçao — US$6.33 million (2023)
- Dominica
More economic policy & debt data for Panama
- Total reserves, including gold (current US$) — US$6.24 billion (2025)
- Total reserves, excluding gold (current US$) — US$6.24 billion (2025)
- Gross Value Added (GVA) at basic prices (current US$) — US$88.24 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 88.24 billion (2025)
- GDP (current US$) — US$90.46 billion (2025)
- GDP (current LCU) — 90.46 billion (2025)
- GDP (constant 2015 US$) — US$80.68 billion (2025)
- GDP (constant LCU) — 84.75 billion (2025)
- GDP per capita (current US$) — US$19,790 (2025)
- GDP per capita (current LCU) — 19,790 (2025)
Reading data like this
Questions people ask
- What is Panama's net capital account (BoP, current US$)?
- US$2.31 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1992?
- It is down 98.22% from US$130 million in 1992 (11.5% a year on average, compounded). The highest value was US$130 million in 1992 and the lowest −US$10 million in 2003.
Source
World Bank, World Development Indicators, indicator BN.TRF.KOGT.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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