Panama Trade Balance
Panama Trade Balance recorded a deficit of 580.0 USD mn in Oct 2020, compared with a deficit of 426.4 USD mn in the previous month. Panama Trade Balance data is updated monthly, available from Jan 1964 to Oct 2020, with an averaged value of -124.7 USD mn. The data reached an all-time high of 3.1 USD mn in Apr 1988 and a record low of -1.3 USD bn in Oct 2014. CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports and converts it into USD. The National Institute of Statistics and Census provides Total Exports and Total Imports in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Trade Balance prior to January 2000 is sourced from the International Monetary Fund.
In the latest reports, Panama Total Exports reached 146.9 USD mn in Oct 2020, a decrease of 34.3 % year on year. Total Imports recorded 711.8 USD mn in Nov 2020, a decrease of 23.9 % year on year.
View Panama's Trade Balance from Jan 1964 to Oct 2020 in the chart:
What was Panama's Trade Balance in Oct 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -580.0 Oct 2020 | -426.4 Sep 2020 | -1,274.3 Oct 2014 | 3.1 Apr 1988 | USD mn | monthly | Jan 1964 - Oct 2020 |
Trade Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -270.2 Nov 2020 | monthly | Oct 1998 - Nov 2020 |
| Algeria (USD mn) | -791.7 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Argentina (USD mn) | 141.2 Nov 2020 | monthly | Jan 1991 - Nov 2020 |
| Armenia (USD mn) | -197.4 Nov 2020 | monthly | Nov 1995 - Nov 2020 |
| Australia (USD mn) | 3,651.0 Nov 2020 | monthly | Jul 1971 - Nov 2020 |
| Austria (USD mn) | -377.4 Oct 2020 | monthly | Jan 1957 - Oct 2020 |
| Azerbaijan (USD mn) | 710.9 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Bahrain (USD mn) | 856.2 2019 | yearly | 1966 - 2019 |
| Bangladesh (USD mn) | -915.4 Oct 2020 | monthly | Jul 1986 - Oct 2020 |
| Belarus (USD mn) | 309.3 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.1 2019 | yearly | 2003 - 2019 |
| Consolidated Fiscal Balance (USD mn) | -2,100.700 2019 | yearly | 2003 - 2019 |
| Tax Revenue (USD mn) | 259.802 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Tax Revenue: % of GDP (%) | 6.3 Jun 2020 | quarterly | Mar 2007 - Jun 2020 |
| National Government Debt (USD mn) | 36,107.2 Sep 2020 | monthly | Jul 2004 - Sep 2020 |
| Government Debt: % of GDP (%) | 55.1 Jun 2020 | quarterly | Dec 2007 - Jun 2020 |
| Forecast: Government Expenditure (PAB bn) | 18.113 2025 | yearly | 1994 - 2025 |
| Forecast: Government Net Debt (PAB bn) | 45.294 2025 | yearly | 1994 - 2025 |
| Forecast: Government Revenue (PAB bn) | 16.898 2025 | yearly | 1994 - 2025 |
| Central Government Revenue: Current Revenue (PAB th) | 365,967.453 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 259,802.110 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 113,047.605 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Central Government Operations: Total Revenue (PAB th) | 12,335,110.903 2018 | yearly | 2000 - 2018 |
| Central Government Operations: Total Expenditure (PAB th) | 12,066,796.092 2018 | yearly | 2000 - 2018 |
| CGO: Expenditure: Current (USD mn) | 7,406.300 2019 | yearly | 1993 - 2019 |
| CGO: Expenditure: Capital (USD mn) | 3,521.800 2019 | yearly | 1993 - 2019 |
| CGO: Overall Balance, Accrual Basis (USD mn) | -2,504.800 2019 | yearly | 1993 - 2019 |
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