Market capitalization of listed domestic companies in Panama
Panama: Market capitalization of listed domestic companies was 30.0% in 2025. ▲ Rising
Market capitalization of listed domestic companies in Panama, 1993–2025
Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in % of GDP.
Analysis
The most recent figure for market capitalization of listed domestic companies in Panama is 30.0%, measured in 2025.
Compared with earlier readings it is up 42.2% on the previous year and up 27.2% over ten years.
Over the whole period, market capitalization of listed domestic companies in Panama peaked at 38.3% in 2006 and was at its lowest, 5.0%, in 1993.
That places Panama 55th out of 99 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Market capitalization of listed domestic companies in Panama, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 5.0% | — |
| 1994 | 8.1% | +63.8% |
| 1995 | 8.7% | +6.7% |
| 1996 | 13.9% | +60.3% |
| 1997 | 21.6% | +55.4% |
| 1998 | 34.6% | +60.2% |
| 1999 | 29.9% | -13.8% |
| 2000 | 23.3% | -21.8% |
| 2001 | 21.2% | -9.0% |
| 2002 | 24.2% | +13.8% |
| 2003 | 23.7% | -2.1% |
| 2004 | 27.8% | +17.6% |
| 2005 | 35.9% | +28.9% |
| 2006 | 38.3% | +6.8% |
| 2007 | 33.2% | -13.5% |
| 2008 | 27.5% | -17.2% |
| 2009 | 27.8% | +1.2% |
| 2010 | 27.6% | -0.6% |
| 2011 | 29.9% | +8.4% |
| 2012 | 30.2% | +0.8% |
| 2013 | 26.8% | -11.2% |
| 2014 | 26.7% | -0.1% |
| 2015 | 23.6% | -11.7% |
| 2016 | 22.7% | -3.9% |
| 2017 | 23.4% | +2.9% |
| 2018 | 23.2% | -0.5% |
| 2019 | 24.8% | +6.5% |
| 2020 | 24.4% | -1.3% |
| 2021 | 22.9% | -6.1% |
| 2022 | 20.4% | -10.9% |
| 2023 | 24.3% | +18.8% |
| 2024 | 21.1% | -13.0% |
| 2025 | 30.0% | +42.2% |
Panama compared with similar countries
- Panama's 30.0% is below the median for high income countries, which is 54.4%, 55% of the median. (50 countries reporting)
- Panama's 30.0% is above the median for Latin America & Caribbean, which is 30.0%, 1.0× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.4% | 5.0% | 34.6% | 7 |
| 2000s | 28.3% | 21.2% | 38.3% | 10 |
| 2010s | 25.9% | 22.7% | 30.2% | 10 |
| 2020s | 23.9% | 20.4% | 30.0% | 6 |
Countries ranked near Panama
More financial sector data for Panama
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 16.3 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 11.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 16.3 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is market capitalization of listed domestic companies in Panama?
- Market capitalization of listed domestic companies in Panama was 30.0% 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 38.3% in 2006.
- What is the lowest market capitalization of listed domestic companies recorded in Panama?
- The lowest recorded value was 5.0% in 1993.
- How does Panama rank for market capitalization of listed domestic companies?
- Panama ranks 55th 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 27.2%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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.