Panama Current Account Balance

1998 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Panama Current Account Balance

  • Panama Current Account recorded a surplus of 93.7 USD mn in Dec 2025, compared with a deficit of 509.3 USD mn in the previous quarter.
  • Panama Current Account Balance: USD mn data is updated quarterly, available from Mar 1998 to Dec 2025, with an averaged value of -794.0 USD mn.
  • The data reached an all-time high of 542.4 USD mn in Mar 2023 and a record low of -2.5 USD bn in Dec 2023.
  • CEIC converts quarterly Current Account Balance into USD. The National Institute of Statistics and Census provides Current Account Balance in local currency based on BPM6. The International Monetary Fund average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2013 is based on BPM5 and prior to Q1 2003 is sourced from International Monetary Fund.
  • Foreign Direct Investment (FDI) increased by 803.8 USD mn in Dec 2025.
  • Panama Direct Investment Abroad expanded by 212.3 USD mn in Dec 2025.
  • Its Foreign Portfolio Investment fell by 11.7 USD mn in Dec 2025.
  • The country's Nominal GDP was reported at 20.1 USD bn in Jun 2025.

View Panama's Current Account Balance from Mar 1998 to Dec 2025 in the chart:

Panama Current Account Balance

What was Panama's Current Account Balance in Dec 2025?

Panama Current Account recorded a surplus of 93.7 USD mn in Dec 2025, compared with a deficit of 509.3 USD mn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
93.7 Dec 2025 -509.3 Sep 2025 -2,544.5 Dec 2023 542.4 Mar 2023 USD mn quarterly Mar 1998 - Dec 2025

Current Account Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -298.3 Jun 2025 quarterly Mar 1993 - Jun 2025
Algeria (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 2,294.2 Dec 2025 quarterly Mar 1976 - Dec 2025
Armenia (USD mn) -633.7 Dec 2025 quarterly Mar 1993 - Dec 2025
Australia (USD mn) -13,844.3 Dec 2025 quarterly Sep 1959 - Dec 2025
Austria (USD mn) -2,343.9 Jun 2025 quarterly Mar 1970 - Jun 2025
Azerbaijan (USD mn) 474.8 Dec 2025 quarterly Mar 2013 - Dec 2025
Bahrain (USD mn) 831.3 Dec 2025 quarterly Mar 2018 - Dec 2025
Bangladesh (USD mn) -262.2 Jan 2026 monthly Jul 1997 - Jan 2026
Belarus (USD mn) 13.2 Jun 2025 quarterly Mar 1996 - Jun 2025
Belgium (USD mn) -1,678.2 Jun 2025 monthly Jan 1995 - Jun 2025
Bolivia (USD mn) -190.5 Dec 2025 quarterly Mar 1988 - Dec 2025
Bosnia and Herzegovina (USD mn) -265.1 Dec 2025 quarterly Mar 2001 - Dec 2025
Botswana (USD mn) 495.2 Jun 2025 quarterly Mar 2004 - Jun 2025
Brazil (USD mn) -6,036.3 Mar 2026 monthly Jan 1995 - Mar 2026
Brunei (USD mn) 589.6 Dec 2025 quarterly Mar 2001 - Dec 2025
Bulgaria (USD mn) -930.8 Sep 2025 monthly Jan 1996 - Sep 2025
Cambodia (USD mn) -1,880.9 Dec 2025 quarterly Mar 1994 - Dec 2025
Canada (USD mn) -7,027.7 Sep 2025 quarterly Mar 1957 - Sep 2025
Chile (USD mn) 1,882.7 Mar 2026 quarterly Mar 2003 - Mar 2026
China (USD mn) 184,100.0 Mar 2026 quarterly Mar 1998 - Mar 2026
Colombia (USD mn) -1,573.1 Mar 2026 quarterly Mar 1996 - Mar 2026
Croatia (USD mn) -1,465.3 Dec 2022 quarterly Mar 1993 - Dec 2022
Cyprus (USD mn) -292.0 Jun 2025 quarterly Mar 2001 - Jun 2025
Czech Republic (USD mn) 1,414.6 Sep 2025 monthly Jan 2003 - Sep 2025
Denmark (USD mn) 6,659.1 Sep 2025 monthly Jan 2005 - Sep 2025
Ecuador (USD mn) 1,979.6 Dec 2025 quarterly Mar 1993 - Dec 2025
Egypt (USD mn) -6,215.0 Dec 2025 quarterly Dec 1993 - Dec 2025
Estonia (USD mn) -92.0 Sep 2025 monthly Jan 1999 - Sep 2025
European Union (USD mn) 121,364.1 Dec 2025 quarterly Mar 1999 - Dec 2025
Finland (USD mn) 58.7 Sep 2025 monthly Jan 1980 - Sep 2025
France (USD mn) -1,357.9 Mar 2026 monthly Jan 1999 - Mar 2026
Georgia (USD mn) -272.8 Jun 2025 quarterly Mar 1995 - Jun 2025
Germany (USD mn) 16,191.4 Mar 2026 monthly Jan 1991 - Mar 2026
Ghana (USD mn) 4,666.0 Dec 2025 quarterly Mar 2003 - Dec 2025
Greece (USD mn) -2,709.5 Mar 2026 monthly Jan 2000 - Mar 2026
Hong Kong SAR, China (USD mn) 12,214.7 Dec 2025 quarterly Mar 1999 - Dec 2025
Hungary (USD mn) 374.2 Dec 2025 quarterly Dec 1989 - Dec 2025
Iceland (USD mn) -644.2 Jun 2025 quarterly Mar 1976 - Jun 2025
India (USD mn) -13,172.1 Dec 2025 quarterly Jun 1949 - Dec 2025
Indonesia (USD mn) -4,007.7 Mar 2026 quarterly Mar 1981 - Mar 2026
Iran (USD mn) 13,232.0 2025 yearly 1997 - 2025
Ireland (USD mn) 22,116.2 Jun 2025 quarterly Mar 1981 - Jun 2025
Israel (USD mn) 3,437.3 Dec 2025 quarterly Mar 1992 - Dec 2025
Italy (USD mn) 4,005.0 Sep 2025 monthly Jan 1970 - Sep 2025
Ivory Coast (USD mn) -661.2 2025 yearly 1975 - 2025
Japan (USD mn) 29,402.7 Sep 2025 monthly Jan 1996 - Sep 2025
Jordan (USD mn) -859.7 Jun 2025 quarterly Mar 1977 - Jun 2025
Kazakhstan (USD mn) -1,790.6 Mar 2026 quarterly Dec 1997 - Mar 2026
Kenya (USD mn) -386.0 Sep 2025 monthly Jan 2002 - Sep 2025
South Korea (USD mn) 37,327.1 Mar 2026 monthly Jan 1980 - Mar 2026
Kosovo (USD mn) -456.3 Dec 2025 quarterly Mar 2009 - Dec 2025
Kuwait (USD mn) 7,200.8 Dec 2025 quarterly Mar 2012 - Dec 2025
Kyrgyzstan (USD mn) -1,813.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Laos (USD mn) 308.6 Dec 2025 quarterly Mar 1994 - Dec 2025
Latvia (USD mn) -209.0 Sep 2025 monthly Jan 2000 - Sep 2025
Lebanon (USD mn) -958.5 Sep 2025 monthly Jan 2002 - Sep 2025
Lithuania (USD mn) 574.6 Mar 2026 monthly Jan 2001 - Mar 2026
Luxembourg (USD mn) -54.9 Dec 2025 quarterly Mar 1995 - Dec 2025
Macau SAR, China (USD mn) 16,687.2 2024 yearly 2002 - 2024
North Macedonia (USD mn) 37.6 Sep 2025 monthly Jan 2001 - Sep 2025
Malawi (USD mn) -2,276.0 2023 yearly 1977 - 2023
Malaysia (USD mn) 3,826.4 Mar 2026 quarterly Mar 1999 - Mar 2026
Malta (USD mn) 650.5 Dec 2025 quarterly Mar 1995 - Dec 2025
Mauritius (USD mn) -330.0 Jun 2025 quarterly Mar 2017 - Jun 2025
Mexico (USD mn) 2,325.0 Sep 2025 quarterly Mar 1980 - Sep 2025
Moldova (USD mn) -1,099.7 Dec 2025 quarterly Mar 1994 - Dec 2025
Mongolia (USD mn) 128.9 Apr 2026 monthly Jan 2009 - Apr 2026
Montenegro (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Morocco (USD mn) -1,453.2 Dec 2025 quarterly Mar 2014 - Dec 2025
Mozambique (USD mn) -942.0 Dec 2025 quarterly Mar 1996 - Dec 2025
Myanmar (USD mn) 728.3 Sep 2025 quarterly Mar 1976 - Sep 2025
Nepal (USD mn) 1,345.6 Jan 2026 quarterly Oct 2000 - Jan 2026
Netherlands (USD mn) 15,020.9 Jun 2025 quarterly Mar 1967 - Jun 2025
New Zealand (USD mn) -2,045.3 Jun 2025 quarterly Jun 1971 - Jun 2025
Nigeria (USD mn) 1,397.2 Dec 2025 quarterly Mar 2014 - Dec 2025
Norway (USD mn) 21,146.8 Jun 2025 quarterly Mar 1981 - Jun 2025
Oman (USD mn) 3,068.7 2024 yearly 1974 - 2024
Pakistan (USD mn) -458.0 Dec 2025 quarterly Mar 1976 - Dec 2025
Palestinian Territory (USD mn) -337.0 Dec 2025 quarterly Mar 2011 - Dec 2025
Panama (USD mn) 93.7 Dec 2025 quarterly Mar 1998 - Dec 2025
Paraguay (USD mn) -663.9 Dec 2025 quarterly Mar 2008 - Dec 2025
Peru (USD mn) 4,463.2 Mar 2026 quarterly Mar 1977 - Mar 2026
Philippines (USD mn) -379.1 Dec 2025 monthly Jan 1999 - Dec 2025
Poland (USD mn) -270.0 Mar 2026 monthly Jan 2000 - Mar 2026
Portugal (USD mn) 135.7 Feb 2026 monthly Jan 1996 - Feb 2026
Qatar (USD mn) 4,981.6 Dec 2025 quarterly Mar 2011 - Dec 2025
Romania (USD mn) -2,745.5 Feb 2026 monthly Jun 2002 - Feb 2026
Russia (USD mn) 10,600.0 Mar 2026 monthly Jan 2012 - Mar 2026
Saudi Arabia (USD mn) -8,235.9 Dec 2025 quarterly Mar 2006 - Dec 2025
Serbia (USD mn) -410.6 Mar 2026 monthly Jan 2013 - Mar 2026
Singapore (USD mn) 32,225.6 Mar 2026 quarterly Mar 1986 - Mar 2026
Slovakia (USD mn) -191.9 Mar 2026 monthly Jan 1997 - Mar 2026
Slovenia (USD mn) 521.5 Sep 2025 monthly Jan 1994 - Sep 2025
South Africa (USD mn) -1,131.9 Jun 2025 quarterly Mar 1960 - Jun 2025
Spain (USD mn) 5,328.9 Mar 2026 monthly Jan 1990 - Mar 2026
Sri Lanka (USD mn) -133.9 Dec 2025 quarterly Mar 1977 - Dec 2025
Sudan (USD mn) -1,008.7 Jun 2025 quarterly Mar 1977 - Jun 2025
Sweden (USD mn) 8,300.5 Dec 2025 quarterly Mar 1975 - Dec 2025
Switzerland (USD mn) 12,320.4 Jun 2025 quarterly Mar 1983 - Jun 2025

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.7 2025 yearly 2003 - 2025
Consolidated Fiscal Balance (USD mn) -3,320.820 2025 yearly 2003 - 2025
Tax Revenue (USD mn) 573.024 Apr 2026 monthly Jan 1995 - Apr 2026
Tax Revenue: % of GDP (%) 6.4 Dec 2025 quarterly Mar 2007 - Dec 2025
National Government Debt (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Government Debt: % of GDP (%) 65.6 Dec 2025 quarterly Dec 2007 - Dec 2025
Forecast: Government Expenditure (PAB bn) 27.414 2031 yearly 1994 - 2031
Forecast: Government Net Debt (PAB bn) 70.782 2031 yearly 1994 - 2031
Forecast: Government Revenue (PAB bn) 25.515 2031 yearly 1994 - 2031
Central Government Revenue: Current Revenue: Tax (PAB th) 573,023.700 Apr 2026 monthly Jan 1995 - Apr 2026
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 326,884.400 Apr 2026 monthly Jan 1995 - Apr 2026
Central Government Revenue: Current Revenue (PAB th) 704,745.941 Apr 2026 monthly Jan 1995 - Apr 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,233.3 Mar 2026 monthly Jan 1964 - Mar 2026
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) 25.5 Mar 2026 monthly Jan 2001 - Mar 2026
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,351.8 Mar 2026 monthly Jan 2000 - Mar 2026
Total Imports Growth (%) 28.5 Mar 2026 monthly Jan 2001 - Mar 2026
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 19.098 Jan 2026 monthly Jan 1970 - Jan 2026
Total Imports from USA (USD mn) 185.777 Jan 2026 monthly Jan 1967 - Jan 2026
Total Exports to China (USD mn) 1,311.685 2023 yearly 1999 - 2023
Total Imports from China (USD mn) 145.073 Jan 2026 monthly Mar 1989 - Jan 2026
Exports: FOB: Asia: Rest of Asia: South Korea (PAB th) 233,057.000 2023 yearly 1999 - 2023
Exports: FOB: America: NAFTA: USA (PAB th) 145,828.000 2023 yearly 1999 - 2023
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,311,685.000 2023 yearly 1999 - 2023
Exports: FOB: Asia: Rest of Asia: Taiwan (PAB th) 66,371.000 2023 yearly 1999 - 2023
Exports: FOB: America: NAFTA: Mexico (PAB th) 46,106.000 2023 yearly 1999 - 2023
Exports: FOB: Prawn (PAB th) 12,910.964 Mar 2026 monthly Jan 2000 - Mar 2026
Exports: FOB: Banana (PAB th) 4,341.308 Mar 2026 monthly Jan 2000 - Mar 2026
Exports: FOB: Seafood Products (PAB th) 6,326.466 Mar 2026 monthly Jan 2002 - Mar 2026
Exports: FOB (PAB th) 118,481.445 Mar 2026 monthly Jan 2000 - Mar 2026
Imports: CIF: Asia: ASEAN: Thailand (PAB th) 108,126.000 2023 yearly 1999 - 2023
Imports: CIF: Asia: Rest of Asia: China (PAB th) 1,755,621.000 2023 yearly 1999 - 2023
Imports: CIF: America: LAIA: MERCOSUR: Brazil (PAB th) 299,244.000 2023 yearly 1999 - 2023
Imports: CIF: America: NAFTA: USA (PAB th) 2,729,967.000 2023 yearly 1999 - 2023
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 47,260.000 2023 yearly 1999 - 2023
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Export Value Index (2015=100) 147.500 2023 yearly 1981 - 2023
Import Value Index (2015=100) 152.300 2023 yearly 1981 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 212.3 Dec 2025 quarterly Mar 2013 - Dec 2025
Current Account Balance (USD mn) 93.7 Dec 2025 quarterly Mar 1998 - Dec 2025
Current Account Balance: % of GDP (%) 0.4 Dec 2025 quarterly Mar 2007 - Dec 2025
Foreign Direct Investment (USD mn) 803.8 Dec 2025 quarterly Mar 1998 - Dec 2025
Foreign Direct Investment: % of GDP (%) 3.1 Dec 2025 quarterly Mar 2007 - Dec 2025
Foreign Portfolio Investment (USD mn) -11.668 Dec 2025 quarterly Mar 2013 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) -0.0 Dec 2025 quarterly Mar 2007 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2025 quarterly Mar 2013 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -11.668 Dec 2025 quarterly Mar 2013 - Dec 2025
External Debt (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
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) -3.282 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -77,745.917 Dec 2025 quarterly Mar 2002 - Dec 2025
BoP: Net Errors and Omissions (PAB mn) -2,721.267 Dec 2025 quarterly Mar 2013 - Dec 2025
Balance of Payment (BoP): Current Account (CA) (PAB mn) 93.682 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Services: Credit (PAB mn) 5,628.539 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Services: Debit (PAB mn) -1,476.172 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Goods: Debit (PAB mn) -7,282.947 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: Financial Account (FA) (PAB mn) 2,121.850 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Goods (PAB mn) -3,313.938 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Income: Credit (PAB mn) 1,111.303 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Goods: Credit (PAB mn) 3,969.010 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Services (PAB mn) 4,152.366 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: Capital Account: Debit (PAB mn) 0.000 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -11.668 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Income (PAB mn) -646.384 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: Financing: Reserve Assets (PAB mn) 248.795 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: CA: Income: Debit (PAB mn) -1,757.686 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: Capital Account: Credit (PAB mn) 1.007 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: FA: Portfolio Investment: Assets (PAB mn) 13.787 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: Capital Account (PAB mn) 1.007 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: FA: Direct Investment (PAB mn) 591.506 Dec 2025 quarterly Mar 2013 - Dec 2025
International Investment Position (IIP) (USD mn) -77,745.917 Dec 2025 quarterly Mar 2015 - Dec 2025
IIP: Liabilities (USD mn) 195,504.785 Dec 2025 quarterly Mar 2015 - Dec 2025
IIP: Assets (USD mn) 117,758.868 Dec 2025 quarterly Mar 2015 - Dec 2025
Foreign Direct Investment (FDI) (PAB mn) 803.813 Dec 2025 quarterly Mar 2013 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Feb 2026 monthly Dec 2008 - Feb 2026
Household Debt: % of GDP (%) 37.8 Dec 2025 quarterly Dec 2007 - Dec 2025
Non-Performing Loans (USD mn) 1,648.210 Feb 2026 monthly Dec 2008 - Feb 2026
Money Supply M1 (USD mn) 9,601.780 Mar 2026 monthly Dec 2002 - Mar 2026
Money Supply M2 (USD mn) 46,607.870 Mar 2026 monthly Dec 2002 - Mar 2026
M2 Growth (%) 5.8 Mar 2026 monthly Dec 2003 - Mar 2026
Foreign Exchange Reserves (USD mn) 5,310.0 Apr 2026 monthly Oct 1969 - Apr 2026
Foreign Exchange Reserves: % of GDP (%) 6.239 Dec 2025 quarterly Dec 2007 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 3.0 Mar 2026 monthly Jan 2000 - Mar 2026
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 118,521.639 Mar 2026 monthly Dec 1998 - Mar 2026
Total Deposits Growth (%) 6.6 Mar 2026 monthly Dec 1999 - Mar 2026
Domestic Credit (USD mn) 64,257.9 Mar 2026 monthly Dec 2001 - Mar 2026
Domestic Credit Growth (%) -0.1 Mar 2026 monthly Dec 2002 - Mar 2026
Household Debt (USD mn) 34,223.1 Feb 2026 monthly Oct 2005 - Feb 2026
Total Loans (USD mn) 103,530.063 Mar 2026 monthly Dec 1998 - Mar 2026
Total Loans Growth (%) 3.68 Mar 2026 monthly Dec 1999 - Mar 2026
Private Debt: % of Nominal GDP (%) 67.13 Dec 2025 quarterly Dec 2007 - Dec 2025
Money Supply: M3 (PAB mn) 46,607.870 Mar 2026 monthly Dec 2002 - Mar 2026
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,538.593 Mar 2026 monthly Dec 2002 - Mar 2026

More Indicators for Panama

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