Panama

National Accounts Last Frequency Range
Nominal GDP (USD mn) 18,056.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Real GDP Growth (%) 9.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Nominal GDP Growth (%) 2.051 Sep 2024 quarterly Mar 2008 - Sep 2024
GDP per Capita (USD) 14,339.427 2016 yearly 1950 - 2016
GDP Deflator Growth (%) 2.0 Sep 2022 quarterly Mar 2008 - Sep 2022
Private Consumption Expenditure (USD mn) 37,153.342 2022 yearly 1969 - 2022
Private Consumption: % of GDP (%) 48.7 2022 yearly 1996 - 2022
Public Consumption Expenditure (USD mn) 10,154.666 2023 yearly 1950 - 2023
Public Consumption: % of GDP (%) 13.7 2021 yearly 1996 - 2021
Investment: % of GDP (%) 37.7 2023 yearly 1996 - 2023
Gross Fixed Capital Formation (USD mn) 26,894.290 2023 yearly 1996 - 2023
Gross National Product (GNP) (USD mn) 80,057.283 2023 yearly 1960 - 2023
Gross Savings Rate (%) 41.1 2023 yearly 1960 - 2023
Forecast: GDP PPP Per Capita (PPP Intl $) 47,426.990 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 21,973.697 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 5.000 2027 yearly 1980 - 2027
Total Trade of Goods & Services: % of Nominal GDP (%) 89.533 2023 yearly 1960 - 2023
Production Last Frequency Range
Industrial Production Index Growth (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Minerals Production (Metric Ton) 373,271.000 2022 yearly 2009 - 2022
Gold Production (kg) 4,400.000 2022 yearly 1990 - 2022
Silver Production (Metric Ton) 78.419 2021 yearly 1993 - 2021
Industrial Production Index (IPI): Volume: Manufacturing (2001=100) 118.122 Dec 2021 monthly Jan 2003 - Dec 2021
Production Index: Mining (2010=100) 58.346 2015 yearly 2009 - 2015
Production Index: Manufacturing (2010=100) 106.400 2015 yearly 2009 - 2015
Construction and Properties Last Frequency Range
Building Permits (Unit) 556.000 Oct 2024 monthly Jan 2012 - Oct 2024
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) 376.798 Oct 2024 monthly Jan 1995 - Oct 2024
Tax Revenue: % of GDP (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
National Government Debt (USD mn) 53,873.6 Nov 2024 monthly Jul 2004 - Nov 2024
Government Debt: % of GDP (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
Forecast: Government Expenditure (PAB bn) 23.007 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 59.883 2029 yearly 1994 - 2029
Forecast: Government Revenue (PAB bn) 21.105 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue (PAB th) 509,360.329 Oct 2024 monthly Jan 1995 - Oct 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 150,376.752 Oct 2024 monthly Jan 1995 - Oct 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 376,797.799 Oct 2024 monthly Jan 1995 - Oct 2024
Public Debt: Domestic (USD mn) 9,827.461 Nov 2024 monthly Jul 2004 - Nov 2024
Demographic and Labour Market Last Frequency Range
Population (Person mn) 4.5 2024 yearly 1950 - 2024
Labour Force Participation Rate (%) 62.4 2023 yearly 2003 - 2023
Employed Persons (Person) 1,063,250.000 Aug 2017 monthly Mar 2008 - Aug 2017
Unemployment Rate (%) 7.40 2023 yearly 2003 - 2023
Monthly Earnings (USD) 1,288 2023 yearly 1970 - 2023
Labour Productivity Growth (%) 4.33 2023 yearly 1992 - 2023
Forecast: Population (Person mn) 4.734 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.700 2029 yearly 1980 - 2029
Population: Estimate (Person) 4,509,530.000 2024 yearly 1950 - 2024
Population: Male (Person) 2,085,950.000 2018 yearly 1950 - 2018
Population: Female (Person) 2,072,833.000 2018 yearly 1950 - 2018
Labour Force: Male (Person) 1,208,630.000 2023 yearly 2003 - 2023
Labour Force: Female (Person) 885,611.000 2023 yearly 2003 - 2023
Labour Force (Person) 2,094,241.000 2023 yearly 2003 - 2023
Employment: Female (Person) 802,296.000 2023 yearly 2003 - 2023
Employment: Male (Person) 1,136,320.000 2023 yearly 2003 - 2023
Employment (Person) 1,938,616.000 2023 yearly 2003 - 2023
Unemployment (Person) 155,625.000 2023 yearly 2003 - 2023
Unemployment: Female (Person) 83,315.000 2023 yearly 2003 - 2023
Unemployment: Male (Person) 72,310.000 2023 yearly 2003 - 2023
Average Monthly Earning (PAB) 1,287.851 2023 yearly 1970 - 2023
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit) 6,755 Oct 2024 monthly Jan 2005 - Oct 2024
Motor Vehicles Sales Growth (%) 42.8 Oct 2024 monthly Jan 2006 - Oct 2024
Motor Vehicle Sales: Commercial Cars (Unit) 7,851.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 39,049.000 2019 yearly 2005 - 2019
Inflation Last Frequency Range
Consumer Price Index CPI Growth (%) -0.3 Nov 2024 monthly Jul 1975 - Nov 2024
CPI: Food and Non Alcoholic Beverage Change (%) -0.502 Nov 2024 monthly Oct 2015 - Nov 2024
Producer Price Index Growth (%) -0.1 Aug 2024 quarterly Feb 2018 - Aug 2024
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
CPI: National Urban: Food & Non Alcoholic Beverages (2013=100) 111.082 Nov 2024 monthly Oct 2014 - Nov 2024
CPI: National Urban: Alcoholic Beverages & Tobacco (2013=100) 120.532 Nov 2024 monthly Oct 2014 - Nov 2024
Consumer Price Index: National Urban (2013=100) 109.506 Nov 2024 monthly Jan 2014 - Nov 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,259.9 Oct 2024 monthly Jan 1964 - Oct 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -71.9 Oct 2024 monthly Jan 2001 - Oct 2024
Aluminum: Exports (USD th) 6,067.531 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 329,464.345 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 10,079.101 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,349.5 Oct 2024 monthly Jan 2000 - Oct 2024
Total Imports Growth (%) 8.2 Oct 2024 monthly Jan 2001 - Oct 2024
Imports: Medicament (USD th) 1,071,085.390 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 333,744.579 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 15.472 Aug 2024 monthly Jan 1970 - Aug 2024
Total Imports from USA (USD mn) 212.491 Aug 2024 monthly Jan 1967 - Aug 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 233.776 Aug 2024 monthly Mar 1989 - Aug 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
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 94.7 Jun 2024 quarterly Mar 2013 - Jun 2024
Current Account Balance (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Current Account Balance: % of GDP (%) 2.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Direct Investment (USD mn) 731.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment: % of GDP (%) 3.8 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
External Debt (USD mn) 44,046.2 Nov 2024 monthly Jul 2004 - Nov 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) -2.904 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -74,373.797 Jun 2024 quarterly Mar 2002 - Jun 2024
BoP: Net Errors and Omissions (PAB mn) -1,074.780 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Debit (PAB mn) -6,501.463 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods (PAB mn) -2,641.439 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Credit (PAB mn) 4,997.525 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Debit (PAB mn) -1,204.292 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Credit (PAB mn) 1,040.920 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Debit (PAB mn) -1,740.348 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financial Account (FA) (PAB mn) -1,712.281 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Direct Investment (PAB mn) 637.235 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income (PAB mn) -699.429 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Credit (PAB mn) 3,860.024 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services (PAB mn) 3,793.233 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financing: Reserve Assets (PAB mn) 2,511.505 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,071.876 Jun 2024 quarterly Mar 2013 - Jun 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 434.679 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Credit (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
International Investment Position (IIP) (USD mn) -74,373.797 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Assets (USD mn) 104,112.057 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Liabilities (USD mn) 178,485.854 Jun 2024 quarterly Mar 2015 - Jun 2024
Foreign Direct Investment (FDI) (PAB mn) 731.906 Jun 2024 quarterly Mar 2013 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Oct 2024 monthly Dec 2008 - Oct 2024
Household Debt: % of GDP (%) 38.3 Sep 2024 quarterly Dec 2007 - Sep 2024
Non-Performing Loans (USD mn) 1,559.690 Oct 2024 monthly Dec 2008 - Oct 2024
Money Supply M1 (USD mn) 8,471.220 Sep 2024 monthly Dec 2002 - Sep 2024
Money Supply M2 (USD mn) 41,589.720 Sep 2024 monthly Dec 2002 - Sep 2024
M2 Growth (%) 9.8 Sep 2024 monthly Dec 2003 - Sep 2024
Foreign Exchange Reserves (USD mn) 5,684.4 Oct 2024 monthly Oct 1969 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 5.697 Sep 2024 quarterly Dec 2007 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 4.2 Oct 2024 monthly Jan 2000 - Oct 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 107,351.873 Sep 2024 monthly Dec 1998 - Sep 2024
Total Deposits Growth (%) 6.8 Sep 2024 monthly Dec 1999 - Sep 2024
Domestic Credit (USD mn) 64,079.3 Oct 2024 monthly Dec 2001 - Oct 2024
Domestic Credit Growth (%) 5.8 Oct 2024 monthly Dec 2002 - Oct 2024
Household Debt (USD mn) 32,710.8 Oct 2024 monthly Oct 2005 - Oct 2024
Total Loans (USD mn) 96,404.929 Sep 2024 monthly Dec 1998 - Sep 2024
Total Loans Growth (%) 8.77 Sep 2024 monthly Dec 1999 - Sep 2024
Private Debt: % of Nominal GDP (%) 69.77 Sep 2024 quarterly Dec 2007 - Sep 2024
Money Supply: M3 (PAB mn) 41,589.720 Sep 2024 monthly Dec 2002 - Sep 2024
Banking Statistics Last Frequency Range
Liquid Assets Ratio (%) 11.8 Oct 2024 monthly Jan 2003 - Oct 2024
Capital Adequacy Ratio (%) 15.3 Jun 2024 quarterly Mar 2005 - Jun 2024
Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa) 4.750 Jun 2018 monthly Dec 1999 - Jun 2018
Exchange Rate against USD (USD/PAB) 1.000 May 2023 monthly Jan 1940 - May 2023
Short Term Interest Rate (% pa) 4.85 Nov 2024 monthly Jan 2006 - Nov 2024
Lending Rate: Prime Rate (% pa) 4.75 May 2018 monthly Dec 1999 - May 2018
Deposit Rate: Current Savings (% pa) 0.87 Jul 2018 monthly Dec 2001 - Jul 2018
Energy Last Frequency Range
Electricity Production (GWh) 1,133 Oct 2024 monthly Jan 2016 - Oct 2024
Tourism Last Frequency Range
Visitor Arrivals (Person) 151,067 Sep 2024 monthly Jan 2005 - Sep 2024
Visitor Arrivals Growth (%) 4.2 Sep 2024 monthly Jan 2006 - Sep 2024
Tourism Revenue (USD mn) 1,841 2020 yearly 1995 - 2020
Tourism Revenue Growth (%) -73.9 2020 yearly 1996 - 2020
Financial Market Last Frequency Range
Equity Market Index (Dec2002=100) 448.6 Nov 2024 monthly Jan 1999 - Nov 2024
Market Capitalization: % of GDP (%) 20.4 2022 yearly 1993 - 2022
Market Capitalization (USD mn) 15,628.000 2022 yearly 1993 - 2022
Panama Stock Exchange: Turnover Value: Stock Market (USD) 31,472,376.000 Oct 2024 monthly Jan 1999 - Oct 2024
Panama Stock Exchange: Turnover Value: Total Market (PAB) 843,526,369.850 Oct 2024 monthly Jan 1999 - Oct 2024
Transport and Telecommunications Last Frequency Range
Registered Motor Vehicles (Unit th) 677.356 2015 yearly 2005 - 2015
Container Port Throughput (TEU) 8,518,425.000 2022 yearly 2008 - 2022
Liner Shipping Connectivity Index (2004=100) 56.570 2018 yearly 2004 - 2018
Number of Subscriber Fixed Line (Unit) 811,350.000 2023 yearly 1978 - 2023
Number of Subscriber Mobile (Person) 6,980,000.000 2023 yearly 1960 - 2023
Teledensity: Fixed Line (Number) 18.200 2023 yearly 1978 - 2023
Teledensity: Mobile (Number) 156.307 2022 yearly 1960 - 2022
Exports: ICT Goods (USD th) 1,543,414.093 2020 yearly 2000 - 2020
Exports: Telecommunication Equipment (USD th) 160,518.116 2023 yearly 1995 - 2023
Exports: Television (USD th) 17,681.993 2023 yearly 1995 - 2023
Imports: ICT Goods (USD th) 607,076.310 2022 yearly 2000 - 2022
Imports: Telecommunication Equipment (USD th) 438,459.187 2023 yearly 1995 - 2023
Imports: Television (USD th) 174,632.423 2023 yearly 1995 - 2023

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