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Economy of Panama. Statistics, Data and Indicators

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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 52.94 USD Billion 2020
GDP Annual Growth Rate 13.6 % 1Q/22
GDP per capita 12168 USD 2020
Inflation Rate YoY 4.22 % May/22
Interest Rate 1.36 % Jul/18
Unemployment Rate 18.5 % 2020
Wages 1249 PAB/Month | 1249.25 USD/Month 2020
Balance of Trade -922684 PAB Thousand | -0.923 B USD Apr/22
Current Account -651 PAB Million | -0.651 B USD 4Q/21


GDP Indicators

Indicator Data Period
GDP Value 52.94 USD Billion 2020
GDP Annual Growth Rate 13.6 % 1Q/22
GDP per capita 12168 USD 2020
GDP Constant Prices 11097 PAB Million | 11.099 B USD 1Q/22
GDP per capita PPP 25382 USD 2020
GDP From Agriculture  197 PAB Million | 0.197 B USD 1Q/22
GDP From Construction  1294 PAB Million | 1.294 B USD 1Q/22
GDP From Manufacturing  532 PAB Million | 0.532 B USD 1Q/22
GDP From Mining  817 PAB Million | 0.817 B USD 1Q/22
GDP From Transport  1558 PAB Million | 1.558 B USD 1Q/22
GDP From Utilities  438 PAB Million | 0.438 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 69.82 % 2020
Government Budget to GDP -9.23 % 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 109 index points May/22
Food Inflation 3.65 % Apr/22
Gasoline Prices 1.45 USD/Liter Jun/22
Inflation Rate YoY 4.22 % May/22
Inflation Rate Mom 0.6 % Apr/22
CPI Housing Utilities 95.16 Index Points May/22
CPI Transportation 124 Index Points May/22


Trade Indicators

Indicator Data Period
Current Account to GDP 2.3 % 2021
Balance of Trade -922684 PAB Thousand | -0.923 USD Billion Apr/22
Capital Flows -682 PAB Million | -0.682 USD Billion 4Q/21
Current Account -651 PAB Million | -0.651 USD Billion 4Q/21
Exports 275544 PAB Thousand | 0.276 USD Billion Apr/22
Imports 1198228 PAB Thousand | 1.198 USD Billion Apr/22


Money Indicators

Indicator Data Period
Interest Rate 1.36 % Jul/18
Deposit Interest Rate 2.05 % 2020
Foreign Direct Investment 454 USD Million | 0.454 B USD 1Q/21


Labor Indicators

Indicator Data Period
Unemployment Rate 18.5 % 2020
Wages 1249 PAB/Month | 1249.25 USD/Month 2020


Taxes



Production Indicators

Indicator Data Period
Industrial Production -44 % 2Q/20


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  6.2 % Apr/22