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Economy of Panama. Statistics, Data and Indicators

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


Panama Major Economic Indicators

Indicator Data Period
GDP Value 66.8 USD Billion 2019
GDP Annual Growth Rate 0.4 % 1Q/20
GDP per capita 11910 USD 2019
Inflation Rate YoY -2.4 % Apr/20
Interest Rate 1.36 % Jul/18
Unemployment Rate 7.1 % 2019
Wages 1422 PAB/Month | 1412.115 USD/Month 2018
Balance of Trade -504138 PAB Thousand | -0.501 B USD Jul/20
Current Account -26.4 PAB Million | -0.026 B USD 1Q/20


GDP
vvp
66.8
USD Billion
#79 from 174 countries
GDP per capita
vvp
11910
USD
#59 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 66.8 USD Billion 2019
GDP Annual Growth Rate 0.4 % 1Q/20
GDP per capita 11910 USD 2019
GDP Constant Prices 10634 PAB Million | 10.56 B USD 1Q/20
GDP per capita PPP 31459 USD 2019
GDP From Agriculture  197 PAB Million | 0.196 B USD 1Q/20
GDP From Construction  1635 PAB Million | 1.624 B USD 1Q/20
GDP From Manufacturing  529 PAB Million | 0.525 B USD 1Q/20
GDP From Mining  427 PAB Million | 0.424 B USD 1Q/20
GDP From Transport  1537 PAB Million | 1.526 B USD 1Q/20
GDP From Utilities  439 PAB Million | 0.436 B USD 1Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 39.48 % 2018
Government Budget to GDP -3.8 % 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 103 index points Apr/20
Food Inflation -1 % Apr/20
Gasoline Prices 0.62 USD/Liter Aug/20
Inflation Rate YoY -2.4 % Apr/20
Inflation Rate Mom -1.3 % Apr/20
CPI Housing Utilities 102 Index Points Apr/20
CPI Transportation 92.14 Index Points Apr/20


Trade Indicators

Indicator Data Period
Current Account to GDP -4.7 % 2019
Balance of Trade -504138 PAB Thousand | -0.501 USD Billion Jul/20
Capital Flows -1161 PAB Million | -1.153 USD Billion 1Q/20
Current Account -26.4 PAB Million | -0.026 USD Billion 1Q/20
Exports 52641 PAB Thousand | 0.052 USD Billion Jul/20
Imports 556780 PAB Thousand | 0.553 USD Billion Jul/20


Money Indicators

Indicator Data Period
Interest Rate 1.36 % Jul/18
Deposit Interest Rate 2.16 % 2017
Foreign Direct Investment 950 USD Million | 0.95 B USD 4Q/19


Labor Indicators

Indicator Data Period
Unemployment Rate 7.1 % 2019
Wages 1422 PAB/Month | 1412.115 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Industrial Production -0.7 % 3Q/19


Business Indicators

Indicator Data Period
Corruption Index 36 index points 2019
Corruption Rank 101 place 2019
Ease of Doing Business 86 place 2019
Competitiveness Index 61.64 Index Points 2019
Competitiveness Rank 66 2019
Leading Economic Index  -40.9 % May/20


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
-2.4
%
#162 from 174 countries


Interest Rate
discount_rate_icon
1.36
%
#124 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
7.1
%
#86 from 171 countries
Wages
salary_icon
1412.115
USD/Month
#35 from 82 countries