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

Panama Current Account Value and percent from GDP

Panama Current Account Data

Indicator Data Period
Current Account to GDP -4.1 % 2022
Current Account 1102 PAB Million | 1.104 B USD 1Q/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Panama - Historical Data (%)

What is ratio of Panama Current Account to GDP?

  • The deficit of Current Account to GDP in Panama decreased to 4.1 % in 2022. The maximum surplus was 14.81 % and deficit was -13.4 %
  • Data published Yearly by National Institute of Statistics and Census.

Historical Data (%) by years

Data
Period
Date
-4.1 2022 14.04.2023
-2.2 2021 05.09.2022
2.3 2021 06.08.2021
-4.7 2019 27.04.2020
-8.5 2018 16.04.2019
-6.1 2017 27.07.2018
-5.6 2016 11.08.2017
-7.3 2015 31.12.2015


Historical Chart by presidents (%)

Current Account to GDP in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Varela 01.07.2014 - -11.3000 -5.6000 -5.6000 -11.3000 -50.44%
Ricardo Martinelli 01.07.2009 - 01.07.2014 -0.7000 -9.8000 -0.7000 -11.1000 1300.00%
Martín Torrijos 01.09.2004 - 01.07.2009 -7.0700 -10.2000 -3.2000 -10.2000 44.27%
Mireya Moscoso 01.09.1999 - 01.09.2004 -10.1200 -4.4800 -0.7800 -10.1200 -55.73%
Ernesto Balladares 01.09.1994 - 01.09.1999 0.2700 -9.2900 0.2700 -9.2900 -3540.74%
Guillermo Endara 20.12.1989 - 01.09.1994 2.2800 -1.3100 3.8100 -4.1200 -157.46%


Latest data on Current Account (PAB Million)

Current Account
                     Panama - Historical Data (PAB Million)

What is Panama Current Account Deficit?

  • The surplus of Current Account in Panama increased to 1102 PAB Million (1.104 B USD) in the first quarter of 2023. The maximum value was 989 PAB Million and minimum was -1670 PAB Million.
  • Data published Quarterly by National Institute of Statistics and Census.

Historical Data (PAB Million) by years

Data
Period
Date
1102 1Q/23 26.09.2023
454 4Q/22 03.07.2023
-2980 3Q/22 29.04.2023
117 2Q/22 04.02.2023
-293 1Q/22 27.08.2022
-651 4Q/21 21.05.2022
-453 3Q/21 19.03.2022
-183 2Q/21 18.01.2022


Historical Chart by presidents (PAB Million)

Current Account in Panama by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Varela 01.07.2014 - -1512.3000 -547.4000 -379.1000 -1670.5000 -63.80%
Ricardo Martinelli 01.07.2009 - 01.07.2014 227.4000 -1066.6000 247.0000 -1564.4000 -569.04%
Martín Torrijos 01.09.2004 - 01.07.2009 -442.8000 -149.2000 165.0000 -1235.0000 -66.31%
Mireya Moscoso 01.09.1999 - 01.09.2004 -180.5000 -237.2000 109.3000 -237.2000 31.41%

Other trade indicators in Panama

Index Updated Actual Previous
Balance of Trade Jun/23 -1.164 B USD -1.275
Capital Flows 1Q/23 0.233 B USD -0.883
Exports Jun/23 0.085 B USD 0.085
Imports Jun/23 1.249 B USD 1.361

Current Account to GDP in other countries

Country Updated Actual Previous
Colombia 2022 -6.2 % -5.7
Panama 2022 -4.1 % -3.2
Honduras 2022 -3.4 % -5.3
Brazil 2022 -2.92 % -2.81
Chile 2022 -9 % -6.6
Paraguay 2022 -5.2 % 0.9
Argentina 2022 -0.7 % 1.4
Canada 2022 -0.4 % -0.3
Ecuador 2022 2.2 % 2.9
Mexico 2022 -0.9 % -0.6
Peru 2022 -4.5 % -2.9
United States 2022 -3.7 % -3.6
Uruguay 2022 -2.6 % -1.8
Jamaica 2022 -3.2 % 0.7
Suriname 2022 -1.7 % 5.2
Venezuela 2022 3.5 % -1.1
Belize 2022 -8.8 % -6.3
Cameroon 2022 -1.6 % -4.1
Cape Verde 2022 -3.4 % -11.8
Cuba 2020 0.9 % 1.9
Dominican Republic 2022 -5.8 % -2.8
El Salvador 2022 -8.3 % -5.1
Guyana 2022 27.3 % -25.6
Haiti 2022 -2.3 % 0.5
Nicaragua 2022 -1.4 % -3.1
Trinidad and Tobago 2022 19.9 % 9.9