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Economy of Panama. Statistics, Data and Indicators

flag
Panama
60BBB Credit rank #48
N/A Quality of life #
111 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 -10.9 % 4Q/20
GDP per capita 11910 USD 2019
Inflation Rate YoY 0.3 % Mar/21
Interest Rate 1.36 % Jul/18
Unemployment Rate 7.1 % 2019
Wages 1209 PAB/Month | 1209 USD/Month 2019
Balance of Trade -700823 PAB Thousand | -0.701 B USD Feb/21
Current Account 450 PAB Million | 0.45 B USD 4Q/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 -10.9 % 4Q/20
GDP per capita 11910 USD 2019
GDP Constant Prices 9970 PAB Million | 9.97 B USD 4Q/20
GDP per capita PPP 31459 USD 2019
GDP From Agriculture  232 PAB Million | 0.232 B USD 4Q/20
GDP From Construction  807 PAB Million | 0.807 B USD 4Q/20
GDP From Manufacturing  478 PAB Million | 0.478 B USD 4Q/20
GDP From Mining  533 PAB Million | 0.533 B USD 4Q/20
GDP From Transport  1516 PAB Million | 1.516 B USD 4Q/20
GDP From Utilities  417 PAB Million | 0.417 B USD 4Q/20


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) 104 index points Mar/21
Food Inflation 1.35 % Feb/21
Gasoline Prices 0.83 USD/Liter Apr/21
Inflation Rate YoY 0.3 % Mar/21
Inflation Rate Mom 0.4 % Mar/21
CPI Housing Utilities 93.3 Index Points Mar/21
CPI Transportation 105 Index Points Mar/21


Trade Indicators

Indicator Data Period
Current Account to GDP -4.7 % 2019
Balance of Trade -700823 PAB Thousand | -0.701 USD Billion Feb/21
Capital Flows 177 PAB Million | 0.177 USD Billion 4Q/20
Current Account 450 PAB Million | 0.45 USD Billion 4Q/20
Exports 51655 PAB Thousand | 0.052 USD Billion Feb/21
Imports 752477 PAB Thousand | 0.752 USD Billion Feb/21


Money Indicators

Indicator Data Period
Interest Rate 1.36 % Jul/18
Deposit Interest Rate 2.05 % 2020
Foreign Direct Investment 462 USD Million | 0.462 B USD 3Q/20


Labor Indicators

Indicator Data Period
Unemployment Rate 7.1 % 2019
Wages 1209 PAB/Month | 1209 USD/Month 2019


Taxes



Production Indicators

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


Business Indicators

Indicator Data Period
Corruption Index 35 index points 2020
Corruption Rank 111 place 2020
Ease of Doing Business 86 place 2019
Competitiveness Index 61.64 Index Points 2019
Competitiveness Rank 66 2019
Leading Economic Index  -14.6 % Jan/21


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
0.3
%
#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
1209
USD/Month
#35 from 82 countries