Panama Nominal GDP

2007 - 2020 | Quarterly | USD mn | CEIC Data

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Panama's Nominal GDP reached 16.5 USD bn in Mar 2020, compared with 17.5 USD bn in the previous quarter. Nominal GDP in Panama is updated quarterly, available from Mar 2007 to Mar 2020, with an average number of 11.5 USD bn. The data reached an all-time high of 17.5 USD bn in Dec 2019 and a record low of 5.0 USD bn in Mar 2007. CEIC converts quarterly Nominal GDP into USD. The National Institute of Statistics and Census provides Nominal GDP in local currency. The International Monetary Fund average market exchange rate is used for currency conversions.

In the latest reports, Panama's GDP expanded 3.3 % YoY in Dec 2019. Its GDP deflator (implicit price deflator) fell 0.8 % in Dec 2019. Its Gross Savings Rate was measured at 37.0 % in Dec 2018.

What was Panama's Nominal GDP in Mar 2020?

Last Previous Min Max Unit Frequency Range

16,473.8

USD mn Mar 2020 quarterly Mar 2007 - Mar 2020

17,544.2

USD mn Dec 2019 quarterly Mar 2007 - Mar 2020

4,972.8

Mar 2007

17,544.2

Dec 2019

USD mn

quarterly

Mar 2007 - Mar 2020

Updated on 19 Jun 2020

Nominal GDP by Country Comparison

Buy this table Includes Nominal GDP for ALL Countries/Regions: countries Instant access to full history data in excel
All Countries/Regions
Asia and Oceania
Europe and Central Asia
Middle East and Africa
North and South America
Country/Region Last Previous Frequency Range
Albania (USD mn)

3,764.2

Dec 2019

3,874.6

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-27
Algeria (USD mn)

174,580.3

2018

167,555.3

2017

yearly

1957 - 2018

Updated on 2019-07-05
Argentina (%)

51.6

Dec 2019

51.2

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-03-25
Armenia (USD mn)

2,627.2

Mar 2020

4,188.3

Dec 2019

quarterly

Dec 1994 - Mar 2020

Updated on 2020-05-21
Australia (USD mn)

343,632.9

Dec 2019

345,403.9

Sep 2019

quarterly

Sep 1959 - Dec 2019

Updated on 2020-03-04
Austria (USD mn)

107,936.1

Mar 2020

111,037.8

Dec 2019

quarterly

Mar 1988 - Mar 2020

Updated on 2020-05-29
Azerbaijan (USD mn)

12,072.9

Sep 2019

11,767.6

Jun 2019

quarterly

Mar 2001 - Sep 2019

Updated on 2020-02-04
Bahrain (USD mn)

9,522.0

Dec 2019

9,698.9

Sep 2019

quarterly

Mar 2007 - Dec 2019

Updated on 2020-04-01
Bangladesh (USD mn)

302,571.4

2019

274,047.6

2018

yearly

1960 - 2019

Updated on 2019-12-10
Belarus (USD mn)

13,502.0

Mar 2020

16,887.6

Dec 2019

quarterly

Mar 1994 - Mar 2020

Updated on 2020-04-16
Belgium (USD mn)

126,874.0

Mar 2020

132,791.5

Dec 2019

quarterly

Mar 1980 - Mar 2020

Updated on 2020-05-29
Bolivia (USD mn)

10,587.6

Dec 2019

10,332.7

Sep 2019

quarterly

Mar 1990 - Dec 2019

Updated on 2020-04-09
Bosnia and Herzegovina (USD mn)

5,065.9

Dec 2019

5,197.7

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-04-07
Botswana (USD mn)

4,553.7

Dec 2019

4,569.9

Sep 2019

quarterly

Sep 1993 - Dec 2019

Updated on 2020-04-24
Brazil (USD mn)

350,203.0

Mar 2020

467,868.0

Dec 2019

quarterly

Mar 1990 - Mar 2020

Updated on 2020-05-26
Brunei (USD mn)

3,531.3

Dec 2019

3,089.3

Sep 2019

quarterly

Mar 2003 - Dec 2019

Updated on 2020-03-18
Bulgaria (USD mn)

14,409.6

Mar 2020

18,502.4

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-06-04
Cambodia (%)

3.0

2018

3.3

2017

yearly

1994 - 2018

Updated on 2019-10-23
Canada (USD mn)

427,090.4

Mar 2020

442,423.3

Dec 2019

quarterly

Mar 1957 - Mar 2020

Updated on 2020-05-29
Chile (USD mn)

63,895.7

Mar 2020

68,201.8

Dec 2019

quarterly

Mar 1990 - Mar 2020

Updated on 2020-05-18
China (USD mn)

2,959,136.1

Mar 2020

3,947,330.5

Dec 2019

quarterly

Mar 1992 - Mar 2020

Updated on 2020-04-22
Colombia (USD mn)

75,528.1

Mar 2020

80,167.7

Dec 2019

quarterly

Mar 2000 - Mar 2020

Updated on 2020-05-15
Croatia (USD mn)

13,299.9

Mar 2020

14,682.4

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-05-29
Cyprus (USD mn)

6,078.6

Mar 2020

6,099.3

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-05-29
Czech Republic (USD mn)

60,659.0

Mar 2020

62,441.7

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-06-02
Denmark (USD mn)

85,327.6

Mar 2020

86,987.1

Dec 2019

quarterly

Mar 1990 - Mar 2020

Updated on 2020-05-29
Ecuador (USD mn)

26,817.7

Dec 2019

26,922.5

Sep 2019

quarterly

Mar 1991 - Dec 2019

Updated on 2020-04-01
Egypt (USD mn)

94,376.3

Sep 2019

74,475.6

Jun 2019

quarterly

Sep 2001 - Sep 2019

Updated on 2020-01-26
Estonia (USD mn)

7,577.8

Mar 2020

7,922.2

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-05-29
European Union (USD mn)

3,768,714.9

Mar 2020

3,894,963.2

Dec 2019

quarterly

Mar 1999 - Mar 2020

Updated on 2020-06-09
Finland (USD mn)

66,015.2

Mar 2020

66,746.8

Dec 2019

quarterly

Mar 1990 - Mar 2020

Updated on 2020-06-18
France (USD mn)

643,264.7

Mar 2020

676,067.1

Dec 2019

quarterly

Mar 1957 - Mar 2020

Updated on 2020-06-04
Georgia (%)

6.1

Mar 2020

11.2

Dec 2019

quarterly

Mar 1998 - Mar 2020

Updated on 2020-06-19
Germany (USD mn)

941,544.3

Mar 2020

961,117.5

Dec 2019

quarterly

Mar 1960 - Mar 2020

Updated on 2020-05-25
Greece (USD mn)

49,939.2

Mar 2020

51,594.3

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-06-04
Hong Kong SAR, China (USD mn)

85,308.1

Mar 2020

95,108.4

Dec 2019

quarterly

Mar 1973 - Mar 2020

Updated on 2020-05-15
Hungary (USD mn)

35,153.7

Mar 2020

43,198.8

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-06-02
Iceland (USD mn)

5,627.4

Mar 2020

6,360.8

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-05-29
India (USD mn)

735,338.7

Mar 2020

726,375.4

Dec 2019

quarterly

Jun 1996 - Mar 2020

Updated on 2020-06-03
Indonesia (USD mn)

275,574.4

Mar 2020

285,674.6

Dec 2019

quarterly

Mar 1990 - Mar 2020

Updated on 2020-05-26
Iran (USD mn)

97,859.9

Jun 2018

108,879.7

Mar 2018

quarterly

Jun 1988 - Jun 2018

Updated on 2019-12-19
Ireland (USD mn)

99,033.2

Mar 2020

98,071.4

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-06-05
Israel (USD mn)

100,587.4

Mar 2020

104,053.9

Dec 2019

quarterly

Mar 1979 - Mar 2020

Updated on 2020-05-25
Italy (USD mn)

468,438.4

Mar 2020

496,459.5

Dec 2019

quarterly

Mar 1980 - Mar 2020

Updated on 2020-06-01
Ivory Coast (%)

0.4

2018

-1.7

2017

yearly

1966 - 2018

Updated on 2020-03-24
Japan (USD mn)

1,254,382.2

Mar 2020

1,263,885.8

Dec 2019

quarterly

Mar 1957 - Mar 2020

Updated on 2020-06-08
Jordan (USD mn)

11,710.7

Dec 2019

11,744.6

Sep 2019

quarterly

Mar 1992 - Dec 2019

Updated on 2020-05-11
Kazakhstan (USD mn)

38,700.9

Jun 2019

34,894.6

Mar 2019

quarterly

Mar 1994 - Jun 2019

Updated on 2019-12-19
Kenya (USD mn)

22,863.7

Dec 2019

23,509.9

Sep 2019

quarterly

Mar 2009 - Dec 2019

Updated on 2020-04-30
South Korea (USD mn)

410,931.7

Dec 2019

401,611.0

Sep 2019

quarterly

Mar 1960 - Dec 2019

Updated on 2020-03-02
Kosovo (USD mn)

2,067.5

Dec 2019

2,187.1

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-04-03
Kuwait (USD mn)

134,754.6

2019

140,667.6

2018

yearly

1962 - 2019

Updated on 2020-04-16
Kyrgyzstan (USD mn)

2,674.6

Dec 2019

2,416.9

Sep 2019

quarterly

Mar 2000 - Dec 2019

Updated on 2020-02-24
Laos (USD mn)

18,141.7

2018

17,063.4

2017

yearly

1980 - 2018

Updated on 2020-01-28
Latvia (USD mn)

8,291.6

Mar 2020

8,489.4

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-05-29
Lebanon (USD mn)

54,961.3

2018

53,140.6

2017

yearly

1997 - 2018

Updated on 2019-12-24
Lithuania (USD mn)

13,593.6

Mar 2020

13,781.4

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-06-01
Luxembourg (%)

3.0

Dec 2019

2.3

Sep 2019

quarterly

Mar 1996 - Dec 2019

Updated on 2020-03-20
Macau SAR, China (USD mn)

7,067.6

Mar 2020

14,077.8

Dec 2019

quarterly

Mar 1998 - Mar 2020

Updated on 2020-05-30
North Macedonia (USD mn)

2,964.9

Mar 2020

3,372.5

Dec 2019

quarterly

Mar 2000 - Mar 2020

Updated on 2020-06-08
Malawi (USD mn)

7,191.1

2018

6,347.7

2017

yearly

1960 - 2018

Updated on 2019-12-20
Malaysia (USD mn)

87,874.8

Mar 2020

95,082.0

Dec 2019

quarterly

Mar 1991 - Mar 2020

Updated on 2020-05-13
Malta (USD mn)

3,517.7

Mar 2020

3,726.1

Dec 2019

quarterly

Mar 1992 - Mar 2020

Updated on 2020-05-29
Mauritius (%)

-0.5

Dec 2019

1.5

Sep 2019

quarterly

Mar 2001 - Dec 2019

Updated on 2020-06-26
Mexico (USD mn)

304,130.9

Mar 2020

315,560.3

Dec 2019

quarterly

Mar 1993 - Mar 2020

Updated on 2020-05-26
Moldova (%)

3.9

Mar 2020

6.0

Dec 2019

quarterly

Mar 2011 - Mar 2020

Updated on 2020-06-15
Mongolia (USD mn)

2,700.4

Mar 2020

3,478.7

Dec 2019

quarterly

Mar 2000 - Mar 2020

Updated on 2020-05-20
Montenegro (USD mn)

1,006.1

Mar 2020

1,372.9

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-06-17
Morocco (USD mn)

29,881.0

Dec 2019

29,508.9

Sep 2019

quarterly

Mar 1990 - Dec 2019

Updated on 2020-03-31
Nepal (USD mn)

30,641.6

2019

29,173.4

2018

yearly

2001 - 2019

Updated on 2020-04-29
Netherlands (%)

2.6

Mar 2020

3.0

Dec 2019

quarterly

Mar 1997 - Mar 2020

Updated on 2020-05-15
New Zealand (USD mn)

50,176.3

Mar 2020

51,023.2

Dec 2019

quarterly

Jun 1987 - Mar 2020

Updated on 2020-06-18
Nigeria (USD mn)

113,884.7

Mar 2020

129,146.2

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
Norway (USD mn)

93,091.5

Mar 2020

98,992.4

Dec 2019

quarterly

Mar 1978 - Mar 2020

Updated on 2020-05-12
Oman (USD mn)

19,840.1

Dec 2019

19,760.5

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-05-26
Pakistan (USD mn)

283,332.7

2019

315,160.1

2018

yearly

2000 - 2019

Updated on 2019-07-10
Paraguay (USD mn)

10,242.6

Dec 2019

9,647.6

Sep 2019

quarterly

Mar 1994 - Dec 2019

Updated on 2020-03-27
Peru (USD mn)

51,380.2

Mar 2020

60,600.2

Dec 2019

quarterly

Mar 1979 - Mar 2020

Updated on 2020-05-22
Philippines (USD mn)

88,005.9

Mar 2020

107,985.2

Dec 2019

quarterly

Mar 1981 - Mar 2020

Updated on 2020-05-07
Poland (USD mn)

140,857.7

Mar 2020

164,801.6

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-05-29
Portugal (USD mn)

59,459.0

Dec 2019

59,201.1

Sep 2019

quarterly

Mar 1995 - Dec 2019

Updated on 2020-02-28
Qatar (USD mn)

46,087.4

Dec 2019

46,003.0

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-07
Romania (USD mn)

62,607.2

Mar 2020

63,762.1

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-06-09
Russia (USD mn)

382,045.0

Mar 2020

467,929.3

Dec 2019

quarterly

Mar 1993 - Mar 2020

Updated on 2020-06-18
Saudi Arabia (USD mn)

205,248.4

Dec 2019

198,765.2

Sep 2019

quarterly

Mar 2003 - Dec 2019

Updated on 2020-03-30
Serbia (USD mn)

12,158.1

Mar 2020

13,846.5

Dec 2019

quarterly

Mar 1996 - Mar 2020

Updated on 2020-06-02
Singapore (USD mn)

89,823.3

Mar 2020

91,737.7

Dec 2019

quarterly

Mar 1975 - Mar 2020

Updated on 2020-05-26
Slovakia (USD mn)

25,269.6

Mar 2020

26,537.0

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-06-05
Slovenia (USD mn)

12,893.0

Mar 2020

13,511.1

Dec 2019

quarterly

Mar 1995 - Mar 2020

Updated on 2020-05-29
South Africa (USD mn)

88,246.5

Dec 2019

87,167.1

Sep 2019

quarterly

Mar 1960 - Dec 2019

Updated on 2020-03-24
Spain (USD mn)

328,939.9

Mar 2020

349,625.5

Dec 2019

quarterly

Mar 1970 - Mar 2020

Updated on 2020-04-30
Sri Lanka (USD mn)

21,108.4

Dec 2019

21,514.2

Sep 2019

quarterly

Mar 2002 - Dec 2019

Updated on 2020-04-13
Sudan (USD mn)

50,262.3

2018

115,571.9

2017

yearly

1960 - 2018

Updated on 2019-07-22
Sweden (USD mn)

127,851.6

Mar 2020

136,542.7

Dec 2019

quarterly

Mar 1980 - Mar 2020

Updated on 2020-05-29
Switzerland (USD mn)

176,891.1

Mar 2020

177,450.2

Dec 2019

quarterly

Mar 1970 - Mar 2020

Updated on 2020-06-03
Syria (USD mn)

17,130.9

2017

13,409.9

2016

yearly

1980 - 2017

Updated on 2019-07-04
Taiwan (USD mn)

156,072.1

Mar 2020

157,404.0

Dec 2019

quarterly

Dec 1983 - Mar 2020

Updated on 2020-05-28
Tajikistan (USD mn)

325.1

Dec 2019

185.9

Sep 2019

quarterly

Mar 1993 - Dec 2019

Updated on 2020-05-05
Thailand (USD mn)

132,444.3

Mar 2020

140,069.6

Dec 2019

quarterly

Mar 1993 - Mar 2020

Updated on 2020-06-08
Tunisia (USD mn)

10,178.2

Dec 2019

10,104.3

Sep 2019

quarterly

Mar 2000 - Dec 2019

Updated on 2020-03-31
Turkey (USD mn)

175,651.9

Mar 2020

205,513.3

Dec 2019

quarterly

Mar 1987 - Mar 2020

Updated on 2020-05-29
Ukraine (USD mn)

45,953.1

Dec 2019

44,023.6

Sep 2019

quarterly

Mar 1996 - Dec 2019

Updated on 2020-03-25
United Arab Emirates (USD mn)

421,142.3

2019

422,215.0

2018

yearly

1972 - 2019

Updated on 2020-05-14
United Kingdom (USD mn)

703,258.0

Mar 2020

718,156.4

Dec 2019

quarterly

Mar 1957 - Mar 2020

Updated on 2020-05-13
United States (USD mn)

5,383,726.8

Mar 2020

5,432,281.0

Dec 2019

quarterly

Mar 1947 - Mar 2020

Updated on 2020-05-28
Uruguay (USD mn)

12,641.4

Mar 2020

14,166.1

Dec 2019

quarterly

Mar 2005 - Mar 2020

Updated on 2020-06-17
Venezuela (USD mn)

20,139,533.8

2017

3,035,878.4

2016

yearly

1995 - 2017

Updated on 2019-12-19
Vietnam (USD mn)

261,917.7

2019

245,213.4

2018

yearly

1983 - 2019

Updated on 2020-04-08

Panama Key Series

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All Indicators
National Accounts
Production
Government and Public Finance
Demographic and Labour Market
Domestic Trade and Household Survey
Inflation
Foreign Trade
Balance of Payments
Monetary
Interest and Foreign Exchange Rates
Tourism
Financial Market
Transport and Telecommunications
National Accounts Last Previous Frequency Range
Nominal GDP (USD mn)

16,473.8

Mar 2020

17,544.2

Dec 2019

quarterly

Mar 2007 - Mar 2020

Updated on 2020-06-19
Real GDP Growth (%)

3.3

Dec 2019

2.7

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-02
Nominal GDP Growth (%)

0.325

Mar 2020

2.477

Dec 2019

quarterly

Mar 2008 - Mar 2020

Updated on 2020-06-19
GDP Deflator Growth (%)

-0.8

Dec 2019

-0.4

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-02
Private Consumption Expenditure (USD mn)

34,401.112

2019

33,423.445

2018

yearly

1969 - 2019

Updated on 2020-06-23
Private Consumption: % of GDP (%)

-0.8

Dec 2019

-0.4

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-02
Public Consumption Expenditure (USD mn)

7,957.140

2019

7,609.755

2018

yearly

1950 - 2019

Updated on 2020-06-23
Public Consumption: % of GDP (%)

-0.8

Dec 2019

-0.4

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-02
Investment: % of GDP (%)

-0.8

Dec 2019

-0.4

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-02
Gross Fixed Capital Formation (USD mn)

25,125.509

2019

25,109.300

2018

yearly

1996 - 2019

Updated on 2020-06-23
Gross National Product (USD mn)

59,964.800

2018

56,477.557

2017

yearly

1960 - 2018

Updated on 2019-06-28
Gross Savings Rate (%)

-0.8

Dec 2019

-0.4

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-02
Forecast: GDP PPP Per Capita (PPP Intl $)

35,277.622

2024

33,434.321

2023

yearly

1980 - 2024

Updated on 2020-04-09
Forecast: Nominal GDP Per Capita (USD)

21,226.323

2024

20,119.737

2023

yearly

1980 - 2024

Updated on 2020-04-28
Forecast: Real GDP Growth (%)

4.027

2021

-2.050

2020

yearly

1980 - 2021

Updated on 2020-04-28
Production Last Previous Frequency Range
Industrial Production Index Growth (%)

-5.3

Sep 2019

-6.0

Aug 2019

monthly

Jan 2004 - Sep 2019

Updated on 2019-12-30
Minerals Production (Metric Ton)

18,637.000

2017

23,470.000

2016

yearly

2009 - 2017

Updated on 2019-04-29
Gold Production (kg)

400.000

2017

400.000

2016

yearly

1990 - 2017

Updated on 2019-11-29
Silver Production (Metric Ton)

2.000

2016

2.000

2015

yearly

1993 - 2016

Updated on 2019-09-02
Industrial Production Index (IPI): Volume: Manufacturing (2001=100)

118.931

Sep 2019

129.657

Aug 2019

monthly

Jan 2003 - Sep 2019

Updated on 2019-12-30
Government and Public Finance Last Previous Frequency Range
Consolidated Fiscal Balance: % of GDP (%)

-3.1

2019

-2.9

2018

yearly

2003 - 2019

Updated on 2020-03-02
Tax Revenue (USD mn)

177.646

Apr 2020

343.626

Mar 2020

monthly

Jan 1995 - Apr 2020

Updated on 2020-06-15
National Government Debt (USD mn)

32,750.3

May 2020

32,310.5

Apr 2020

monthly

Jul 2004 - May 2020

Updated on 2020-06-17
Government Debt: % of GDP (%)

39.4

2018

37.6

2017

yearly

1993 - 2018

Updated on 2019-12-16
Forecast: Government Expenditure (PAB bn)

19.139

2024

17.727

2023

yearly

1994 - 2024

Updated on 2020-04-28
Forecast: Government Net Debt (PAB bn)

38.646

2024

36.529

2023

yearly

1994 - 2024

Updated on 2020-04-16
Forecast: Government Revenue (PAB bn)

17.645

2024

16.347

2023

yearly

1994 - 2024

Updated on 2020-04-16
Central Government Revenue: Current Revenue (PAB th)

269,609.145

Apr 2020

411,855.303

Mar 2020

monthly

Jan 1995 - Apr 2020

Updated on 2020-06-15
Central Government Revenue: Current Revenue: Tax (PAB th)

177,645.671

Apr 2020

343,625.595

Mar 2020

monthly

Jan 1995 - Apr 2020

Updated on 2020-06-15
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th)

103,424.912

Apr 2020

192,556.157

Mar 2020

monthly

Jan 1995 - Apr 2020

Updated on 2020-06-15
Central Government Operations: Total Revenue (PAB th)

12,335,110.903

2018

11,838,781.652

2017

yearly

2000 - 2018

Updated on 2019-12-12
Central Government Operations: Total Expenditure (PAB th)

12,066,796.092

2018

11,838,363.669

2017

yearly

2000 - 2018

Updated on 2019-12-12
CGO: Expenditure: Current (USD mn)

7,406.300

2019

7,265.700

2018

yearly

1993 - 2019

Updated on 2020-02-06
CGO: Expenditure: Capital (USD mn)

3,521.800

2019

3,815.900

2018

yearly

1993 - 2019

Updated on 2020-02-06
CGO: Overall Balance, Accrual Basis (USD mn)

-2,504.800

2019

-2,071.300

2018

yearly

1993 - 2019

Updated on 2020-02-06
Public Debt: Domestic (USD mn)

6,799.974

May 2020

6,819.814

Apr 2020

monthly

Jul 2004 - May 2020

Updated on 2020-06-18
Demographic and Labour Market Last Previous Frequency Range
Population (Person mn)

4.2

2019

4.2

2018

yearly

1950 - 2019

Updated on 2020-01-02
Labour Force Participation Rate (%)

66.5

2019

65.4

2018

yearly

2003 - 2019

Updated on 2019-11-28
Employed Persons (Person)

1,063,250.000

Aug 2017

1,799,520.000

Mar 2017

monthly

Mar 2008 - Aug 2017

Updated on 2018-12-18
Unemployment Rate (%)

7.10

2019

6.00

2018

yearly

2003 - 2019

Updated on 2019-11-28
Monthly Earnings (USD)

1,422

2018

1,359

2017

yearly

1970 - 2018

Updated on 2019-05-31
Labour Productivity Growth (%)

-1.06

2018

4.53

2017

yearly

1992 - 2018

Updated on 2020-05-22
Forecast: Population (Person mn)

4.631

2024

4.540

2023

yearly

1980 - 2024

Updated on 2020-04-28
Forecast: Unemployment Rate (%)

8.432

2021

8.798

2020

yearly

1980 - 2021

Updated on 2020-04-22
Population: Estimate (Person)

4,218,808.000

2019

4,158,783.000

2018

yearly

1950 - 2019

Updated on 2020-01-02
Population: Male (Person)

2,085,950.000

2018

2,056,085.000

2017

yearly

1950 - 2018

Updated on 2019-03-21
Population: Male (Person)

2,085,950.000

2018

2,056,085.000

2017

yearly

1950 - 2018

Updated on 2019-03-21
Population: Male (Person)

2,085,950.000

2018

2,056,085.000

2017

yearly

1950 - 2018

Updated on 2019-03-21
Population: Male (Person)

2,085,950.000

2018

2,056,085.000

2017

yearly

1950 - 2018

Updated on 2019-03-21
Population: Female (Person)

2,072,833.000

2018

2,042,050.000

2017

yearly

1950 - 2018

Updated on 2019-03-21
Population: Female (Person)

2,072,833.000

2018

2,042,050.000

2017

yearly

1950 - 2018

Updated on 2019-03-21
Population: Female (Person)

2,072,833.000

2018

2,042,050.000

2017

yearly

1950 - 2018

Updated on 2019-03-21
Population: Female (Person)

2,072,833.000

2018

2,042,050.000

2017

yearly

1950 - 2018

Updated on 2019-03-21
Labour Force (Person)

2,066,753.000

2019

1,986,940.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Labour Force: Male (Person)

1,188,127.000

2019

1,159,462.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Labour Force: Female (Person)

878,626.000

2019

827,478.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Employment (Person)

1,920,642.000

2019

1,868,602.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Employment: Male (Person)

1,118,961.000

2019

1,103,601.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Employment: Female (Person)

801,681.000

2019

765,001.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Employment: Manufacturing (Person)

144,786.000

2019

141,842.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Employment: Construction (Person)

172,877.000

2019

189,839.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Employment: Wholesale & Retail Trade & Motor Vehicle Repair (Person)

349,279.000

2019

341,692.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Unemployment (Person)

146,111.000

2019

118,338.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Unemployment: Male (Person)

69,166.000

2019

55,861.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Unemployment: Female (Person)

76,945.000

2019

62,477.000

2018

yearly

2003 - 2019

Updated on 2019-11-28
Average Monthly Earning (PAB)

1,422.029

2018

1,358.506

2017

yearly

1970 - 2018

Updated on 2019-05-31
Domestic Trade and Household Survey Last Previous Frequency Range
Motor Vehicles Sales (Unit)

117

Apr 2020

2,099

Mar 2020

monthly

Jan 2005 - Apr 2020

Updated on 2020-06-01
Motor Vehicles Sales Growth (%)

-97.4

Apr 2020

-41.2

Mar 2020

monthly

Jan 2006 - Apr 2020

Updated on 2020-06-01
Motor Vehicle Sales: Commercial Cars (Unit)

7,851.000

Dec 2019

8,995.000

Dec 2018

semiannually

Dec 2005 - Dec 2019

Updated on 2020-03-13
Motor Vehicle Sales: Passenger Cars (Unit)

39,049.000

Dec 2019

36,401.000

Dec 2018

semiannually

Dec 2005 - Dec 2019

Updated on 2020-03-13
Inflation Last Previous Frequency Range
Consumer Price Index CPI Growth (%)

0.0

Feb 2020

0.4

Jan 2020

monthly

Jul 1975 - Feb 2020

Updated on 2020-03-13
Forecast: Consumer Price Index Growth (%)

0.498

2021

-0.906

2020

yearly

1980 - 2021

Updated on 2020-04-28
Consumer Price Index: National Urban (2013=100)

104.026

Mar 2020

104.490

Feb 2020

monthly

Jan 2014 - Mar 2020

Updated on 2020-06-26
CPI: National Urban: Food & Non Alcoholic Beverages (2013=100)

100.596

Mar 2020

100.769

Feb 2020

monthly

Oct 2014 - Mar 2020

Updated on 2020-06-26
CPI: National Urban: Alcoholic Beverages & Tobacco (2013=100)

110.771

Feb 2020

110.910

Jan 2020

monthly

Oct 2014 - Feb 2020

Updated on 2020-03-13
Foreign Trade Last Previous Frequency Range
Trade Balance (USD mn)

-718.3

Mar 2020

-696.5

Feb 2020

monthly

Jan 1964 - Mar 2020

Updated on 2020-06-01
Total Exports (USD mn)

69.4

Mar 2020

54.2

Feb 2020

monthly

Jan 2000 - Mar 2020

Updated on 2020-06-01
Total Exports Growth (%)

14.4

Mar 2020

3.0

Feb 2020

monthly

Jan 2001 - Mar 2020

Updated on 2020-06-01
Aluminum: Exports (USD th)

7,667.796

2018

8,781.945

2017

yearly

1995 - 2018

Updated on 2019-11-28
Forecast: Exports of Goods Growth (%)

3.917

2024

5.476

2023

yearly

1980 - 2024

Updated on 2020-04-09
Exports: Medicament (USD th)

1,353,105.783

2018

1,267,537.125

2017

yearly

1995 - 2018

Updated on 2019-10-25
Exports: Medicinal and Pharmaceutical Product (USD th)

83,151.916

2018

70,975.855

2017

yearly

1995 - 2018

Updated on 2019-10-25
Total Imports (USD mn)

533.2

Apr 2020

787.7

Mar 2020

monthly

Jan 2000 - Apr 2020

Updated on 2020-06-15
Total Imports Growth (%)

-54.1

Apr 2020

-22.6

Mar 2020

monthly

Jan 2001 - Apr 2020

Updated on 2020-06-15
Imports: Medicament (USD th)

1,078,494.800

2018

938,045.040

2017

yearly

1995 - 2018

Updated on 2019-10-25
Imports: Medicinal and Pharmaceutical Product (USD th)

179,747.232

2018

206,834.488

2017

yearly

1995 - 2018

Updated on 2019-10-25
Exports: FOB (PAB th)

54,227.437

Feb 2020

51,503.478

Jan 2020

monthly

Jan 2000 - Feb 2020

Updated on 2020-05-20
Exports: FOB: Banana (PAB th)

10,307.321

Feb 2020

9,293.421

Jan 2020

monthly

Jan 2000 - Feb 2020

Updated on 2020-05-20
Exports: FOB: Prawn (PAB th)

1,208.586

Feb 2020

3,000.458

Jan 2020

monthly

Jan 2000 - Feb 2020

Updated on 2020-05-20
Exports: FOB: Seafood Products (PAB th)

3,432.725

Feb 2020

4,529.165

Jan 2020

monthly

Jan 2002 - Feb 2020

Updated on 2020-05-20
Exports: FOB: America: NAFTA: USA (PAB th)

112,882.000

2018

120,588.000

2017

yearly

1999 - 2018

Updated on 2020-03-16
Exports: FOB: America: NAFTA: Mexico (PAB th)

8,293.000

2018

6,365.000

2017

yearly

1999 - 2018

Updated on 2020-03-16
Exports: FOB: Asia: Rest of Asia: South Korea (PAB th)

49,411.000

2018

42,662.000

2017

yearly

1999 - 2018

Updated on 2020-03-16
Exports: FOB: Asia: Rest of Asia: China (PAB th)

30,644.000

2018

36,282.000

2017

yearly

1999 - 2018

Updated on 2020-03-16
Exports: FOB: Asia: Rest of Asia: Taiwan (PAB th)

7,417.000

2018

7,822.000

2017

yearly

1999 - 2018

Updated on 2020-03-16
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th)

6,147.94

Apr 2018

5,930.78

Mar 2018

monthly

Jan 2017 - Apr 2018

Updated on 2018-06-19
Exports: FOB: Raw Wood (PAB th)

7,428.13

Apr 2018

8,604.04

Mar 2018

monthly

Jan 2017 - Apr 2018

Updated on 2018-06-19
Imports: CIF: Asia: ASEAN: Thailand (PAB th)

120,467.000

2018

165,290.000

2017

yearly

1999 - 2018

Updated on 2020-03-09
Imports: CIF: Asia: Rest of Asia: China (PAB th)

57,989.000

2018

67,816.000

2017

yearly

1999 - 2018

Updated on 2020-03-09
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th)

195,501.000

2018

473,980.000

2017

yearly

1999 - 2018

Updated on 2020-03-09
Imports: CIF: America: LAIA: MERCOSUR: Brazil (PAB th)

243,990.000

2018

290,011.000

2017

yearly

1999 - 2018

Updated on 2020-03-09
Imports: CIF: America: NAFTA: USA (PAB th)

3,281,120.000

2018

3,081,036.000

2017

yearly

1999 - 2018

Updated on 2020-03-09
Balance of Payments Last Previous Frequency Range
Current Account Balance (USD mn)

-350.7

Dec 2019

-885.1

Sep 2019

quarterly

Mar 1998 - Dec 2019

Updated on 2020-03-05
Current Account Balance: % of GDP (%)

-2.0

Dec 2019

-5.3

Sep 2019

quarterly

Mar 2007 - Dec 2019

Updated on 2020-03-05
Foreign Direct Investment (USD mn)

949.9

Dec 2019

1,456.3

Sep 2019

quarterly

Mar 1998 - Dec 2019

Updated on 2020-03-05
Direct Investment Abroad (USD mn)

174.2

Dec 2019

97.0

Sep 2019

quarterly

Mar 2013 - Dec 2019

Updated on 2020-03-05
Foreign Direct Investment: % of GDP (%)

5.4

Dec 2019

8.8

Sep 2019

quarterly

Mar 2007 - Dec 2019

Updated on 2020-03-05
Foreign Portfolio Investment (USD mn)

1,239.051

Dec 2019

1,999.213

Sep 2019

quarterly

Mar 2013 - Dec 2019

Updated on 2020-03-05
External Debt (USD mn)

25,950.4

May 2020

25,490.7

Apr 2020

monthly

Jul 2004 - May 2020

Updated on 2020-06-17
External Debt: % of GDP (%)

156.5

2019

151.8

2018

yearly

2014 - 2019

Updated on 2020-04-16
External Debt: Short Term (USD mn)

36,828.7

2019

38,905.9

2018

yearly

1970 - 2019

Updated on 2020-04-16
External Debt: Short Term: % of GDP (%)

55.1

2019

59.7

2018

yearly

1970 - 2019

Updated on 2020-04-16
Forecast: Current Account Balance (USD bn)

-5.413

2024

-4.925

2023

yearly

1980 - 2024

Updated on 2020-04-09
Monetary Last Previous Frequency Range
Non-Performing Loans (USD mn)

1,429.075

Mar 2020

1,299.040

Dec 2019

quarterly

Dec 2001 - Mar 2020

Updated on 2020-05-11
Money Supply M1 (USD mn)

8,114.683

Mar 2020

7,833.045

Feb 2020

monthly

Dec 2002 - Mar 2020

Updated on 2020-05-25
Money Supply M2 (USD mn)

42,533.903

Mar 2020

42,322.231

Feb 2020

monthly

Dec 2002 - Mar 2020

Updated on 2020-05-25
Non Performing Loans Ratio (%)

1.8

Mar 2020

1.7

Dec 2019

quarterly

Dec 2001 - Mar 2020

Updated on 2020-05-11
Household Debt: % of GDP (%)

41.0

2019

39.9

2018

yearly

2005 - 2019

Updated on 2020-03-05
M2 Growth (%)

3.8

Mar 2020

3.1

Feb 2020

monthly

Dec 2003 - Mar 2020

Updated on 2020-05-25
Foreign Exchange Reserves (USD mn)

4,918.7

Apr 2020

2,493.7

Mar 2020

monthly

Oct 1969 - Apr 2020

Updated on 2020-05-26
Foreign Exchange Reserves: % of GDP (%)

3.730

Mar 2020

4.748

Dec 2019

quarterly

Dec 2007 - Mar 2020

Updated on 2020-06-19
Foreign Exchange Reserves: Months of Import (NA)

9.2

Apr 2020

3.2

Mar 2020

monthly

Jan 2000 - Apr 2020

Updated on 2020-06-15
Gold Reserves (USD mn)

0.000

Apr 2020

0.000

Mar 2020

monthly

Sep 1969 - Apr 2020

Updated on 2020-05-26
Total Deposits (USD mn)

89,164.428

Apr 2020

87,093.048

Mar 2020

monthly

Dec 1998 - Apr 2020

Updated on 2020-06-10
Domestic Credit (USD mn)

55,771.2

Apr 2020

55,756.1

Mar 2020

monthly

Dec 2001 - Apr 2020

Updated on 2020-06-10
Domestic Credit Growth (%)

1.9

Apr 2020

1.6

Mar 2020

monthly

Dec 2002 - Apr 2020

Updated on 2020-06-10
Household Debt (USD mn)

27,595.8

Apr 2020

27,711.0

Mar 2020

monthly

Oct 2005 - Apr 2020

Updated on 2020-06-10
Total Loans (USD mn)

77,527.303

Mar 2020

76,835.454

Feb 2020

monthly

Dec 1998 - Mar 2020

Updated on 2020-05-11
Money Supply: M1 (PAB mn)

8,114.683

Mar 2020

7,833.045

Feb 2020

monthly

Dec 2002 - Mar 2020

Updated on 2020-05-25
Money Supply: M3 (PAB mn)

42,533.903

Mar 2020

42,322.231

Feb 2020

monthly

Dec 2002 - Mar 2020

Updated on 2020-05-25
Money Supply: M2 (PAB mn)

42,533.903

Mar 2020

42,322.231

Feb 2020

monthly

Dec 2002 - Mar 2020

Updated on 2020-05-25
LC: National Banking System: Private Sector: Mortgage (PAB mn)

17,960.164

Apr 2020

17,981.351

Mar 2020

monthly

Dec 2002 - Apr 2020

Updated on 2020-06-10
Interest and Foreign Exchange Rates Last Previous Frequency Range
Exchange Rate against USD (PAB/USD)

1.000

May 2020

1.000

Apr 2020

monthly

Jan 1940 - May 2020

Updated on 2020-06-08
Lending Rate: Prime Rate (% pa)

4.75

May 2018

4.75

Apr 2018

monthly

Dec 1999 - May 2018

Updated on 2018-06-27
Deposit Rate: Current Savings (% pa)

0.87

Jul 2018

0.88

Jun 2018

monthly

Dec 2001 - Jul 2018

Updated on 2018-09-11
Deposit Rate: Current Savings (% pa)

0.87

Jul 2018

0.88

Jun 2018

monthly

Dec 2001 - Jul 2018

Updated on 2018-09-11
Deposit Rate: Current Savings (% pa)

0.87

Jul 2018

0.88

Jun 2018

monthly

Dec 2001 - Jul 2018

Updated on 2018-09-11
Deposit Rate: Current Savings (% pa)

0.87

Jul 2018

0.88

Jun 2018

monthly

Dec 2001 - Jul 2018

Updated on 2018-09-11
Lending Rate: Consumer: Personal Loans (% pa)

8.720

Apr 2020

8.720

Mar 2020

monthly

Dec 2001 - Apr 2020

Updated on 2020-05-26
Lending Rate: Local Banks: Mortgage: Reference (% pa)

5.750

Jun 2020

5.750

Mar 2020

quarterly

Sep 1985 - Jun 2020

Updated on 2020-04-07
Exchange Rate against US$: Monthly Average (PAB/USD)

1.000

May 2020

1.000

Apr 2020

monthly

Jan 1940 - May 2020

Updated on 2020-06-08
Short Term Interest Rate: Month End: Interbank Reference Rate: 3 Months (% pa)

2.82

May 2018

1.25

Mar 2018

monthly

Jan 2006 - May 2018

Updated on 2018-06-06
Tourism Last Previous Frequency Range
Visitor Arrivals (Person)

155,442

Jan 2020

121,494

Nov 2019

monthly

Jan 2005 - Jan 2020

Updated on 2020-06-15
Visitor Arrivals Growth (%)

-31.5

Jan 2020

-17.9

Nov 2019

monthly

Jan 2006 - Jan 2020

Updated on 2020-06-15
Tourism Revenue (USD mn)

5,615

2018

6,824

2017

yearly

1995 - 2018

Updated on 2020-02-28
Tourism Revenue Growth (%)

-17.7

2018

8.7

2017

yearly

1996 - 2018

Updated on 2020-02-28
Passengers Arrival: Visitors (Person th)

215.457

Jan 2020

162.642

Nov 2019

monthly

Jan 2005 - Jan 2020

Updated on 2020-06-15
Number of Hotel Rooms (Unit)

10,205.000

Nov 2019

10,205.000

Oct 2019

monthly

Jan 2000 - Nov 2019

Updated on 2020-02-03
Hotel Room Occupancy Rate (%)

43.052

Nov 2019

43.677

Oct 2019

monthly

Jan 2000 - Nov 2019

Updated on 2020-02-03
Financial Market Last Previous Frequency Range
Equity Market Index (Dec2002=100)

375.5

May 2020

403.3

Apr 2020

monthly

Jan 1999 - May 2020

Updated on 2020-05-29
Market Capitalization: % of GDP (%)

24.1

2018

24.1

2017

yearly

1993 - 2018

Updated on 2019-06-28
Equity Market Index: Month End: Panama Stock Exchange: BVPSI (Dec2002=100)

375.500

May 2020

403.340

Apr 2020

monthly

Jan 1999 - May 2020

Updated on 2020-05-29
Panama Stock Exchange: Turnover Value: Total Market (PAB)

203,517,574.230

Apr 2020

430,095,691.440

Mar 2020

monthly

Jan 1999 - Apr 2020

Updated on 2020-05-05
Panama Stock Exchange: Turnover Value: Stock Market (USD)

4,207,492.410

Apr 2020

12,396,468.920

Mar 2020

monthly

Jan 1999 - Apr 2020

Updated on 2020-05-05
Transport and Telecommunications Last Previous Frequency Range
Motor Vehicle Registered (Unit th)

677.356

2015

606.583

2014

yearly

2005 - 2015

Updated on 2020-03-09
Container Port Throughput (TEU)

6,872,400.000

2018

6,899,000.000

2017

yearly

2008 - 2018

Updated on 2019-10-31
Number of Subscriber Fixed Line (Unit)

728,379.000

2018

662,588.000

2017

yearly

1978 - 2018

Updated on 2020-02-28
Number of Subscriber Mobile (Person)

5,722,370.000

2018

5,280,195.000

2017

yearly

1960 - 2018

Updated on 2020-03-24
Teledensity: Fixed Line (Number)

17.438

2018

16.134

2017

yearly

1978 - 2018

Updated on 2020-04-17
Teledensity: Mobile (Number)

137.001

2018

128.573

2017

yearly

1960 - 2018

Updated on 2020-05-20
Exports: ICT Goods (USD th)

974,691.030

2016

819,332.514

2015

yearly

2000 - 2016

Updated on 2018-04-25
Exports: Telecommunication Equipment (USD th)

324,524.879

2018

237,303.998

2017

yearly

1995 - 2018

Updated on 2019-11-05
Exports: Television (USD th)

84,198.421

2018

100,380.665

2017

yearly

1995 - 2018

Updated on 2019-11-05
Imports: ICT Goods (USD th)

854,878.258

2016

839,405.335

2015

yearly

2000 - 2016

Updated on 2018-04-25
Imports: Telecommunication Equipment (USD th)

491,573.997

2018

406,309.814

2017

yearly

1995 - 2018

Updated on 2019-11-05
Imports: Television (USD th)

148,425.734

2018

151,382.530

2017

yearly

1995 - 2018

Updated on 2019-11-05
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