Total natural resource rents in Panama

Panama: Total natural resource rents was 3.7% in 2021. ◆ Volatile

Latest (2021)
3.7%
Change on year
up 584.9%
World rank
86th
of 211 countries
All-time high
3.7%
in 2021
All-time low
0.1%
in 2005
Years of data
52
1970–2021

Total natural resource rents in Panama, 1970–2021

01234197019952021

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Panama recorded 3.7% for total natural resource rents in 2021. That is the highest value across all 52 years on record.

The figure is up 584.9% on the previous year and up 1,258.0% over ten years.

Over the whole period, total natural resource rents in Panama peaked at 3.7% in 2021 and was at its lowest, 0.1%, in 2005.

Panama ranks 86th of 211 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.4% 0.2% 0.5% 10
1980s 0.3% 0.1% 0.7% 10
1990s 0.2% 0.1% 0.3% 10
2000s 0.1% 0.1% 0.2% 10
2010s 0.2% 0.1% 0.3% 10
2020s 2.1% 0.5% 3.7% 2

Countries ranked near Panama

  1. 83 Namibia 4.0% compare
  2. 84 Rwanda 4.0% compare
  3. 85 Nicaragua 3.8% compare
  4. 87 Mexico 3.6% compare
  5. 88 India 3.2% compare
  6. 89 Eswatini 3.0% compare

See the full ranking of 211 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is total natural resource rents in Panama?
Total natural resource rents in Panama was 3.7% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Panama?
The highest recorded value was 3.7% in 2021.
What is the lowest total natural resource rents recorded in Panama?
The lowest recorded value was 0.1% in 2005.
How does Panama rank for total natural resource rents?
Panama ranks 86th out of 211 countries with data for 2021.
Is total natural resource rents rising or falling in Panama?
Over the last ten years it is up 1,258.0%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

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CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.