Panama Motor Vehicles Sales Growth
2006 - 2024 | Monthly | % | CEIC Data
Key information about Panama Motor Vehicles Sales Growth
- Panama Motor Vehicles Sales dropped 6.6 % in Mar 2024, compared with a growth of 8.3 % in the previous month.
- Panama Motor Vehicles Sales Growth rate is updated monthly, available from Jan 2006 to Mar 2024, with an average growth rate of 6.5 %.
- The data reached an all-time high of 3,532.0 % in May 2021 and a record low of -97.5 % in May 2020.
- Car Sales of Panama recorded 4,251.0 units in Mar 2024.
CEIC calculates monthly Motor Vehicles Sales Growth from monthly Motor Vehicles Sales. The National Institute of Statistics and Census provides Motor Vehicles Sales.
View Panama's Motor Vehicles Sales Growth from Jan 2006 to Mar 2024 in the chart:
What was Panama's Motor Vehicles Sales Growth in Mar 2024?
Panama Motor Vehicles Sales dropped 6.6 % in Mar 2024, compared with a growth of 8.3 % in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -6.6 Mar 2024 | 8.3 Feb 2024 | -97.5 May 2020 | 3,532.0 May 2021 | % | monthly | Jan 2006 - Mar 2024 |
Motor Vehicles Sales Growth by Country Comparison
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Includes Motor Vehicles Sales Growth on 110 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 38.9 2019 | yearly | 2006 - 2019 |
| Algeria (%) | -1.8 2019 | yearly | 2006 - 2019 |
| Argentina (%) | -33.6 Apr 2024 | monthly | Jan 1997 - Apr 2024 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | 18.3 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
| Austria (%) | -20.1 2022 | yearly | 2006 - 2022 |
| Azerbaijan (%) | 67.5 2019 | yearly | 2006 - 2019 |
| Bahrain (%) | -16.0 2019 | yearly | 2006 - 2019 |
| Bangladesh (%) | 5.4 2019 | yearly | 2006 - 2019 |
| Belarus (%) | 20.9 2019 | yearly | 2006 - 2019 |
| Belgium (%) | -6.9 2022 | yearly | 2006 - 2022 |
| Bolivia (%) | -12.1 2019 | yearly | 2006 - 2019 |
| Bosnia and Herzegovina (%) | -52.5 2019 | yearly | 2006 - 2019 |
| Botswana (%) | -87.1 2019 | yearly | 2006 - 2019 |
| Brazil (%) | 37.4 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Brunei (%) | 20.1 Nov 2020 | monthly | Jan 2011 - Nov 2020 |
| Bulgaria (%) | 8.8 2022 | yearly | 2006 - 2022 |
| Cambodia (%) | 12.6 2019 | yearly | 2006 - 2019 |
| Canada (%) | 25.4 Feb 2024 | monthly | Jan 1947 - Feb 2024 |
| Chile (%) | 29.8 Apr 2024 | monthly | Jan 2010 - Apr 2024 |
| China (%) | 9.9 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Colombia (%) | -30.1 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| Croatia (%) | -5.5 2022 | yearly | 2006 - 2022 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | -18.4 2022 | yearly | 2006 - 2022 |
| Ecuador (%) | 14.9 2022 | yearly | 2006 - 2022 |
| Egypt (%) | -37.0 2022 | yearly | 2006 - 2022 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | -16.2 2022 | yearly | 2006 - 2022 |
| France (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Georgia (%) | -3.4 2019 | yearly | 2006 - 2019 |
| Germany (%) | -0.3 2022 | yearly | 2006 - 2022 |
| Ghana (%) | -19.4 2019 | yearly | 2006 - 2019 |
| Greece (%) | 3.1 2022 | yearly | 2006 - 2022 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | -26.2 Mar 2024 | monthly | Jan 1990 - Mar 2024 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | -3.5 2022 | yearly | 2006 - 2022 |
| Israel (%) | -7.5 2022 | yearly | 2006 - 2022 |
| Italy (%) | -9.8 2022 | yearly | 2006 - 2022 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | -21.1 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | -10.6 2022 | yearly | 2006 - 2022 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | -11.6 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Kuwait (%) | 9.9 2022 | yearly | 2006 - 2022 |
| Kyrgyzstan (%) | -35.8 2019 | yearly | 2006 - 2019 |
| Laos (%) | 16.8 2019 | yearly | 2006 - 2019 |
| Latvia (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Lebanon (%) | -33.8 2019 | yearly | 2006 - 2019 |
| Lithuania (%) | 30.7 2019 | yearly | 2006 - 2019 |
| Luxembourg (%) | 4.4 2019 | yearly | 2006 - 2019 |
| North Macedonia (%) | 5.9 2019 | yearly | 2006 - 2019 |
| Malawi (%) | 1.6 2019 | yearly | 2006 - 2019 |
| Malaysia (%) | -9.9 Mar 2024 | monthly | Jul 1995 - Mar 2024 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 4.4 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | -8.0 2022 | yearly | 2006 - 2022 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | -4.1 2022 | yearly | 2006 - 2022 |
| New Zealand (%) | -9.5 2023 | yearly | 1976 - 2023 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | -3.4 2022 | yearly | 2006 - 2022 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | -3.0 Mar 2024 | monthly | Jul 2006 - Mar 2024 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | -6.6 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | 6.0 2022 | yearly | 2006 - 2022 |
| Philippines (%) | 1.6 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Poland (%) | -6.6 2022 | yearly | 2006 - 2022 |
| Portugal (%) | 6.7 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 4.5 2022 | yearly | 2006 - 2022 |
| Russia (%) | 132.4 Apr 2024 | monthly | Jan 2009 - Apr 2024 |
| Saudi Arabia (%) | 10.8 2022 | yearly | 2006 - 2022 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | 6.7 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
| Slovakia (%) | 3.1 2022 | yearly | 2006 - 2022 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | -11.5 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Spain (%) | -7.3 2022 | yearly | 2006 - 2022 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | -4.1 2022 | yearly | 2006 - 2022 |
| Switzerland (%) | -6.3 2022 | yearly | 2006 - 2022 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan (%) | -6.8 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | -29.8 Mar 2024 | monthly | Dec 1992 - Mar 2024 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
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Includes 179 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.0 2023 | yearly | 2003 - 2023 |
| Consolidated Fiscal Balance (USD mn) | -2,462.500 2023 | yearly | 2003 - 2023 |
| Tax Revenue (USD mn) | 284.531 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Tax Revenue: % of GDP (%) | 9.6 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| National Government Debt (USD mn) | 49,769.7 Mar 2024 | monthly | Jul 2004 - Mar 2024 |
| Government Debt: % of GDP (%) | 56.4 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Forecast: Government Expenditure (PAB bn) | 22.672 2029 | yearly | 1994 - 2029 |
| Forecast: Government Net Debt (PAB bn) | 53.964 2028 | yearly | 1994 - 2028 |
| Forecast: Government Revenue (PAB bn) | 20.911 2029 | yearly | 1994 - 2029 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 284,531.441 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 103,975.899 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Central Government Revenue: Current Revenue (PAB th) | 483,346.123 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Public Debt: Domestic (USD mn) | 6,925.984 Mar 2024 | monthly | Jul 2004 - Mar 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,081.5 Mar 2024 | monthly | Jan 1964 - Mar 2024 |
| Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
| Total Exports Growth (%) | -82.8 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Aluminum: Exports (USD th) | 1,490.770 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 807,995.942 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 145,164.399 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,146.8 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Total Imports Growth (%) | -15.3 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Imports: Medicament (USD th) | 1,054,288.448 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 448,064.045 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 9.601 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Total Imports from USA (USD mn) | 163.543 Jan 2024 | monthly | Jan 1967 - Jan 2024 |
| Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
| Total Imports from China (USD mn) | 131.133 Jan 2024 | monthly | Mar 1989 - Jan 2024 |
| Exports: FOB: Prawn (PAB th) | 6,414.853 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Exports: FOB: Banana (PAB th) | 10,015.729 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Exports: FOB: Seafood Products (PAB th) | 5,052.523 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Exports: FOB (PAB th) | 65,314.055 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Exports: FOB: America: NAFTA: Mexico (PAB th) | 30,335.000 2021 | yearly | 1999 - 2021 |
| Exports: FOB: Raw Wood (PAB th) | 7,428.13 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
| Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) | 6,147.94 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
| Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) | 48,718.000 2021 | yearly | 1999 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 150.6 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Current Account Balance (USD mn) | -4,356.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Current Account Balance: % of GDP (%) | -18.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 779.1 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 3.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 5.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| External Debt (USD mn) | 42,843.7 Mar 2024 | monthly | Jul 2004 - Mar 2024 |
| External Debt: % of GDP (%) | 167.4 2021 | yearly | 2014 - 2021 |
| External Debt: Short Term (USD mn) | 39,768.7 Dec 2021 | quarterly | Sep 2014 - Dec 2021 |
| External Debt: Short Term: % of GDP (%) | 59.0 2021 | yearly | 1970 - 2021 |
| Forecast: Current Account Balance (USD bn) | -2.777 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -72,069.421 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: Net Errors and Omissions (PAB mn) | 4,238.808 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Goods (PAB mn) | -6,856.914 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Goods: Credit (PAB mn) | 3,968.015 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Services (PAB mn) | 3,312.902 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Services: Credit (PAB mn) | 4,899.518 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Balance of Payment (BoP): Current Account (CA) (PAB mn) | -4,356.507 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Goods: Debit (PAB mn) | -10,824.928 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Services: Debit (PAB mn) | -1,586.616 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Income: Credit (PAB mn) | 1,015.783 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Capital Account (PAB mn) | 2.055 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Income: Debit (PAB mn) | -1,767.175 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Income (PAB mn) | -751.392 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Financing: Reserve Assets (PAB mn) | -2,018.107 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: FA: Direct Investment (PAB mn) | 628.537 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 772.109 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Financial Account (FA) (PAB mn) | 1,689.751 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Capital Account: Credit (PAB mn) | 2.055 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| International Investment Position (IIP) (USD mn) | -72,069.421 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
| IIP: Assets (USD mn) | 102,675.995 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
| IIP: Liabilities (USD mn) | 174,745.416 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
| Foreign Direct Investment (FDI) (PAB mn) | 779.107 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.9 Mar 2024 | monthly | Dec 2008 - Mar 2024 |
| Household Debt: % of GDP (%) | 38.0 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Non-Performing Loans (USD mn) | 1,740.361 Mar 2024 | monthly | Dec 2008 - Mar 2024 |
| Money Supply M1 (USD mn) | 9,318.060 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
| Money Supply M2 (USD mn) | 39,528.840 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
| M2 Growth (%) | 3.9 Dec 2023 | monthly | Dec 2003 - Dec 2023 |
| Foreign Exchange Reserves (USD mn) | 7,338.0 Mar 2024 | monthly | Oct 1969 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 7.368 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.4 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Sep 1969 - Mar 2024 |
| Total Deposits (USD mn) | 106,373.899 Mar 2024 | monthly | Dec 1998 - Mar 2024 |
| Total Deposits Growth (%) | 6.0 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
| Domestic Credit (USD mn) | 61,380.4 Mar 2024 | monthly | Dec 2001 - Mar 2024 |
| Domestic Credit Growth (%) | 5.0 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Household Debt (USD mn) | 32,043.7 Mar 2024 | monthly | Oct 2005 - Mar 2024 |
| Total Loans (USD mn) | 91,334.462 Mar 2024 | monthly | Dec 1998 - Mar 2024 |
| Total Loans Growth (%) | 5.01 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 68.65 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Money Supply: M3 (PAB mn) | 39,528.840 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
| LC: National Banking System: Private Sector: Mortgage (PAB mn) | 20,735.868 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
More Indicators for Panama
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