Panama Forecast: Real GDP Growth
1980 - 2027 | Yearly | % | International Monetary Fund
Key information about Panama Forecast: Real GDP Growth
- Panama Real GDP Growth is forecasted to be 7.516 % in Dec 2022 as reported by International Monetary Fund.
- It records no change from the last reported number of 15.336 % in Dec 2021.
- Looking ahead, Panama Real GDP Growth is projected to stand at 5.000 % in Dec 2027.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Panama's Forecast: Real GDP Growth from 1980 to 2027 in the chart:
What is Panama's Forecast: Real GDP Growth in 2027?
Panama Real GDP Growth is forecasted to be 7.516 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 5.000 2027 | 5.000 2026 | -17.945 2020 | 15.336 2021 | % | yearly | 1980 - 2027 |
Forecast: Real GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 3.004 2026 | yearly | 2004 - 2026 |
| Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
| Andorra (%) | 1.500 2031 | yearly | 2001 - 2031 |
| Angola (%) | 4.230 2028 | yearly | 1980 - 2028 |
| Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 |
| Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
| Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 |
| Aruba (%) | 1.329 2031 | yearly | 1987 - 2031 |
| Australia (%) | 2.279 2027 | yearly | 1980 - 2027 |
| Austria (%) | 1.527 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 |
| Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
| Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 |
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
| Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
| Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 |
| Belize (%) | 2.012 2027 | yearly | 1980 - 2027 |
| Benin (%) | 5.934 2028 | yearly | 1980 - 2028 |
| Bhutan (%) | 5.557 2031 | yearly | 1980 - 2031 |
| Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
| Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 |
| Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 |
| Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 |
| Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
| Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 |
| Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 |
| Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 |
| Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
| Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 |
| Canada (%) | 1.754 2031 | yearly | 1980 - 2031 |
| Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
| Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 |
| Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
| Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
| China (%) | 3.437 2028 | yearly | 1980 - 2028 |
| Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
| Congo (%) | 3.980 2028 | yearly | 1980 - 2028 |
| Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 |
| Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 |
| Cyprus (%) | 3.000 2031 | yearly | 1980 - 2031 |
| Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 |
| Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 |
| Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
| Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 |
| Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 |
| Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 |
| Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 |
| Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 |
| El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
| Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
| Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 |
| Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
| Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
| Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 |
| Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 |
| Finland (%) | 1.173 2031 | yearly | 1980 - 2031 |
| France (%) | 1.450 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 |
| Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 |
| Germany (%) | 1.134 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 |
| Greece (%) | 1.355 2027 | yearly | 1980 - 2027 |
| Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 |
| Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 |
| Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
| Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 |
| Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 |
| Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 |
| Iceland (%) | 2.375 2031 | yearly | 1980 - 2031 |
| India (%) | 6.042 2029 | yearly | 1981 - 2029 |
| Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 |
| Iran (%) | 2.047 2029 | yearly | 1981 - 2029 |
| Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
| Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 |
| Israel (%) | 3.499 2027 | yearly | 1980 - 2027 |
| Italy (%) | 0.882 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 |
| Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
| Japan (%) | 0.409 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
| Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 |
| Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 |
| Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
| South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 |
| Kosovo (%) | 3.960 2031 | yearly | 2001 - 2031 |
| Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
| Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 |
| Laos (%) | 4.496 2028 | yearly | 1980 - 2028 |
| Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 |
| Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 1.512 2032 | yearly | 1981 - 2032 |
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doPanama 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) | 420.760 Feb 2026 | monthly | Jan 1995 - Feb 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) | 420,759.706 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 207,575.084 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Central Government Revenue: Current Revenue (PAB th) | 525,756.409 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -952.4 Feb 2026 | monthly | Jan 1964 - Feb 2026 |
| Total Exports (USD mn) | 83.9 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Total Exports Growth (%) | -14.6 Feb 2026 | monthly | Jan 2001 - Feb 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) | 1,018.8 Feb 2026 | monthly | Jan 2000 - Feb 2026 |
| Total Imports Growth (%) | -10.9 Feb 2026 | monthly | Jan 2001 - Feb 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) | 6,920.533 Feb 2026 | monthly | Jan 2000 - Feb 2026 |
| Exports: FOB: Banana (PAB th) | 2,954.330 Feb 2026 | monthly | Jan 2000 - Feb 2026 |
| Exports: FOB: Seafood Products (PAB th) | 5,811.298 Feb 2026 | monthly | Jan 2002 - Feb 2026 |
| Exports: FOB (PAB th) | 66,412.864 Feb 2026 | monthly | Jan 2000 - Feb 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: NAFTA: USA (PAB th) | 2,729,967.000 2023 | yearly | 1999 - 2023 |
| Imports: CIF: America: LAIA: MERCOSUR: Brazil (PAB th) | 299,244.000 2023 | yearly | 1999 - 2023 |
| Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) | 47,260.000 2023 | yearly | 1999 - 2023 |
| 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 |
| 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: Goods (PAB mn) | -3,313.938 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: CA: Services (PAB mn) | 4,152.366 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: CA: Income (PAB mn) | -646.384 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: Services: Credit (PAB mn) | 5,628.539 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: CA: Goods: Debit (PAB mn) | -7,282.947 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: Income: Debit (PAB mn) | -1,757.686 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: CA: Services: Debit (PAB mn) | -1,476.172 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: Capital Account (PAB mn) | 1.007 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: Capital Account: Credit (PAB mn) | 1.007 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: Financing: Reserve Assets (PAB mn) | 248.795 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | -11.668 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: Financial Account (FA) (PAB mn) | 2,121.850 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: FA: Direct Investment (PAB mn) | 591.506 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 13.787 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) | 9,755.360 Feb 2026 | monthly | Dec 2002 - Feb 2026 |
| Money Supply M2 (USD mn) | 46,841.810 Feb 2026 | monthly | Dec 2002 - Feb 2026 |
| M2 Growth (%) | 6.7 Feb 2026 | monthly | Dec 2003 - Feb 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) | 4.7 Feb 2026 | monthly | Jan 2000 - Feb 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) | 46,841.810 Feb 2026 | monthly | Dec 2002 - Feb 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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