Market capitalization of listed domestic companies in Panama

Panama: Market capitalization of listed domestic companies was 27.18 billion current US$ in 2025. ◆ Volatile

Latest (2025)
27.18 billion current US$
Change on year
up 48.6%
World rank
60th
of 99 countries
All-time high
27.18 billion current US$
in 2025
All-time low
436.00 million current US$
in 1993
Years of data
33
1993–2025

Market capitalization of listed domestic companies in Panama, 1993–2025

010.0B20.0B30.0B1993200920251993: 436.0M current US$1994: 761.6M current US$1995: 831.0M current US$1996: 1.3B current US$1997: 2.2B current US$1998: 3.8B current US$1999: 3.5B current US$2000: 2.8B current US$2001: 2.6B current US$2002: 3.1B current US$2003: 3.2B current US$2004: 4.2B current US$2005: 6.0B current US$2006: 7.2B current US$2007: 7.2B current US$2008: 7.1B current US$2009: 7.7B current US$2010: 8.3B current US$2011: 10.7B current US$2012: 12.5B current US$2013: 12.6B current US$2014: 13.8B current US$2015: 13.2B current US$2016: 13.6B current US$2017: 15.0B current US$2018: 15.6B current US$2019: 17.3B current US$2020: 13.9B current US$2021: 15.5B current US$2022: 15.6B current US$2023: 20.4B current US$2024: 18.3B current US$2025: 27.2B current US$

Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in current US$.

Analysis

Panama recorded 27.18 billion current US$ for market capitalization of listed domestic companies in 2025. That is the highest value across all 33 years on record.

That represents a change of up 48.6% on the previous year and up 106.3% over ten years.

Over the whole period, market capitalization of listed domestic companies in Panama peaked at 27.18 billion current US$ in 2025 and was at its lowest, 436.00 million current US$, in 1993.

That places Panama 60th out of 99 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.

Market capitalization of listed domestic companies in Panama, year by year

Annual values for Market capitalization of listed domestic companies (current US$) in Panama, 1993 to 2025.
Year current US$ Change
1993 436.00 million current US$
1994 761.60 million current US$ +74.7%
1995 831.00 million current US$ +9.1%
1996 1.28 billion current US$ +54.0%
1997 2.18 billion current US$ +70.0%
1998 3.82 billion current US$ +75.5%
1999 3.48 billion current US$ -8.8%
2000 2.79 billion current US$ -19.8%
2001 2.60 billion current US$ -6.9%
2002 3.09 billion current US$ +18.9%
2003 3.22 billion current US$ +4.1%
2004 4.20 billion current US$ +30.5%
2005 5.96 billion current US$ +41.9%
2006 7.15 billion current US$ +19.9%
2007 7.20 billion current US$ +0.7%
2008 7.07 billion current US$ -1.9%
2009 7.72 billion current US$ +9.3%
2010 8.35 billion current US$ +8.1%
2011 10.68 billion current US$ +28.0%
2012 12.54 billion current US$ +17.4%
2013 12.57 billion current US$ +0.2%
2014 13.76 billion current US$ +9.4%
2015 13.17 billion current US$ -4.2%
2016 13.56 billion current US$ +3.0%
2017 15.02 billion current US$ +10.8%
2018 15.65 billion current US$ +4.2%
2019 17.27 billion current US$ +10.4%
2020 13.94 billion current US$ -19.3%
2021 15.46 billion current US$ +10.9%
2022 15.63 billion current US$ +1.1%
2023 20.35 billion current US$ +30.2%
2024 18.29 billion current US$ -10.2%
2025 27.18 billion current US$ +48.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.83 billion current US$ 436.00 million current US$ 3.82 billion current US$ 7
2000s 5.10 billion current US$ 2.60 billion current US$ 7.72 billion current US$ 10
2010s 13.26 billion current US$ 8.35 billion current US$ 17.27 billion current US$ 10
2020s 18.47 billion current US$ 13.94 billion current US$ 27.18 billion current US$ 6

Countries ranked near Panama

  1. 57 Croatia 37.90 billion current US$ compare
  2. 58 Jordan 37.37 billion current US$ compare
  3. 59 Cyprus 27.93 billion current US$ compare
  4. 61 Bangladesh 26.22 billion current US$ compare
  5. 62 Sri Lanka 26.11 billion current US$ compare
  6. 63 Uzbekistan 23.70 billion current US$ compare

See the full ranking of 137 places →

More financial sector data for Panama

All data for Panama →

Frequently asked questions

What is market capitalization of listed domestic companies in Panama?
Market capitalization of listed domestic companies in Panama was 27.18 billion current US$ in 2025, according to World Federation of Exchanges database, World Federation of Exchanges (WFE).
What is the highest market capitalization of listed domestic companies recorded in Panama?
The highest recorded value was 27.18 billion current US$ in 2025.
What is the lowest market capitalization of listed domestic companies recorded in Panama?
The lowest recorded value was 436.00 million current US$ in 1993.
How does Panama rank for market capitalization of listed domestic companies?
Panama ranks 60th out of 99 countries with data for 2025.
Is market capitalization of listed domestic companies rising or falling in Panama?
Over the last ten years it is up 106.3%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from World Federation of Exchanges database, World Federation of Exchanges (WFE), published as part of Market capitalization of listed domestic companies (current US$). Statizoid updates them automatically from the source API.

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Market capitalization of listed domestic companies in Panama. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 07 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-of-listed-domestic-companies-current-us/panama/

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About this data

Indicator
Market capitalization of listed domestic companies (current US$)
Unit
current US$
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 3,776 data points, 1975–2025
Last refreshed

Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.