Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Economy of Panama. Statistics, Data and Indicators

flag
Panama
60BBB Credit rank #48
N/A Quality of life #
105 Corruption rank#87
86 Ease of doing business#78
Panama


Panama Major Economic Indicators

Indicator Data Period
GDP Value 63.61 USD Billion 2021
GDP Annual Growth Rate 9.8 % 2Q/22
GDP per capita 13825 USD 2021
Inflation Rate YoY 1.67 % Oct/22
Interest Rate 1.36 % Jul/18
Unemployment Rate 14.5 % 2021
Wages 1279 PAB/Month | 1279.128 USD/Month 2021
Balance of Trade -1212770 PAB Thousand | -1.213 B USD Sep/22
Current Account -293 PAB Million | -0.293 B USD 1Q/22


GDP Indicators

Indicator Data Period
GDP Value 63.61 USD Billion 2021
GDP Annual Growth Rate 9.8 % 2Q/22
GDP per capita 13825 USD 2021
GDP Constant Prices 9926 PAB Million | 9.927 B USD 2Q/22
GDP per capita PPP 28837 USD 2021
GDP From Agriculture  242 PAB Million | 0.242 B USD 2Q/22
GDP From Construction  1057 PAB Million | 1.057 B USD 2Q/22
GDP From Manufacturing  433 PAB Million | 0.433 B USD 2Q/22
GDP From Mining  580 PAB Million | 0.58 B USD 2Q/22
GDP From Transport  1666 PAB Million | 1.666 B USD 2Q/22
GDP From Utilities  448 PAB Million | 0.448 B USD 2Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 63.66 % 2021
Government Budget to GDP -7.12 % 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 108 index points Oct/22
Food Inflation 4.59 % Oct/22
Gasoline Prices 1.12 USD/Liter Nov/22
Inflation Rate YoY 1.67 % Oct/22
Inflation Rate Mom 0 % Oct/22
CPI Housing Utilities 96.18 Index Points Oct/22
CPI Transportation 109 Index Points Oct/22


Trade Indicators

Indicator Data Period
Current Account to GDP -2.2 % 2021
Balance of Trade -1212770 PAB Thousand | -1.213 USD Billion Sep/22
Capital Flows -2619 PAB Million | -2.619 USD Billion 1Q/22
Current Account -293 PAB Million | -0.293 USD Billion 1Q/22
Exports 75037 PAB Thousand | 0.075 USD Billion Sep/22
Imports 1287808 PAB Thousand | 1.288 USD Billion Sep/22


Money Indicators

Indicator Data Period
Interest Rate 1.36 % Jul/18
Deposit Interest Rate 1.76 % 2021
Foreign Direct Investment 716 USD Million | 0.716 B USD 1Q/22


Labor Indicators

Indicator Data Period
Unemployment Rate 14.5 % 2021
Wages 1279 PAB/Month | 1279.128 USD/Month 2021


Taxes



Production Indicators

Indicator Data Period
Industrial Production 4.07 % 2Q/22


Business Indicators

Indicator Data Period
Corruption Index 36 index points 2021
Corruption Rank 105 place 2021
Ease of Doing Business 86 place 2019
Competitiveness Index 61.64 Index Points 2019
Competitiveness Rank 66 2019
Leading Economic Index  12.23 % Sep/22