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 (%) 9.468 Sep 2023 quarterly Mar 2008 - Sep 2023
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) 34,049.753 2021 yearly 1969 - 2021
Private Consumption: % of GDP (%) 50.5 2021 yearly 1996 - 2021
Public Consumption Expenditure (USD mn) 9,209.802 2021 yearly 1950 - 2021
Public Consumption: % of GDP (%) 13.7 2021 yearly 1996 - 2021
Investment: % of GDP (%) 32.4 2021 yearly 1996 - 2021
Gross Fixed Capital Formation (USD mn) 21,821.981 2021 yearly 1996 - 2021
Gross National Product (GNP) (USD mn) 73,112.965 2022 yearly 1960 - 2022
Gross Savings Rate (%) 35.8 2021 yearly 1960 - 2021
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 (%) 78.763 2021 yearly 1960 - 2021
Production Last Frequency Range
Industrial Production Index Growth (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Minerals Production (Metric Ton) 354,675.000 2021 yearly 2009 - 2021
Gold Production (kg) 4,400.000 2022 yearly 1990 - 2022
Silver Production (Metric Ton) 2.000 2016 yearly 1993 - 2016
Industrial Production Index (IPI): Volume: Manufacturing (2001=100) 118.122 Dec 2021 monthly Jan 2003 - Dec 2021
Construction and Properties Last Frequency Range
Building Permits (Unit) 1,238.000 Jan 2024 monthly Jan 2012 - Jan 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 2022 yearly 2003 - 2022
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 762.604 Dec 2023 monthly Jan 1995 - Dec 2023
Tax Revenue: % of GDP (%) 7.2 Sep 2023 quarterly Mar 2007 - Sep 2023
National Government Debt (USD mn) 46,894.6 Jan 2024 monthly Jul 2004 - Jan 2024
Government Debt: % of GDP (%) 56.0 Sep 2023 quarterly Dec 2007 - Sep 2023
Forecast: Government Expenditure (PAB bn) 22.880 2028 yearly 1994 - 2028
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 21.239 2028 yearly 1994 - 2028
Central Government Revenue: Current Revenue: Tax (PAB th) 762,604.057 Dec 2023 monthly Jan 1995 - Dec 2023
Central Government Revenue: Current Revenue (PAB th) 3,105,099.378 Dec 2023 monthly Jan 1995 - Dec 2023
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 553,673.642 Dec 2023 monthly Jan 1995 - Dec 2023
Public Debt: Domestic (USD mn) 7,004.936 Jan 2024 monthly Jul 2004 - Jan 2024
Demographic and Labour Market Last Frequency Range
Population (Person mn) 4.5 2023 yearly 1950 - 2023
Labour Force Participation Rate (%) 60.4 2021 yearly 2003 - 2021
Employed Persons (Person) 1,063,250.000 Aug 2017 monthly Mar 2008 - Aug 2017
Unemployment Rate (%) 11.30 2021 yearly 2003 - 2021
Monthly Earnings (USD) 1,281 2022 yearly 1970 - 2022
Labour Productivity Growth (%) 5.30 2022 yearly 1992 - 2022
Forecast: Population (Person mn) 4.734 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 8.000 2028 yearly 1980 - 2028
Population: Estimate (Person) 4,395,414.000 2022 yearly 1950 - 2022
Population: Female (Person) 2,072,833.000 2018 yearly 1950 - 2018
Population: Male (Person) 2,085,950.000 2018 yearly 1950 - 2018
Average Monthly Earning (PAB) 1,280.926 2022 yearly 1970 - 2022
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit) 4,080 Dec 2023 monthly Jan 2005 - Dec 2023
Motor Vehicles Sales Growth (%) 5.0 Dec 2023 monthly Jan 2006 - Dec 2023
Motor Vehicle Sales: Commercial Cars (Unit) 7,851.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 39,049.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Inflation Last Frequency Range
Consumer Price Index CPI Growth (%) 1.2 Jan 2024 monthly Jul 1975 - Jan 2024
CPI: Food and Non Alcoholic Beverage Change (%) 1.489 Jan 2024 monthly Oct 2015 - Jan 2024
Producer Price Index Growth (%) 1.5 Nov 2023 quarterly Feb 2018 - Nov 2023
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
CPI: National Urban: Food & Non Alcoholic Beverages (2013=100) 111.587 Jan 2024 monthly Oct 2014 - Jan 2024
CPI: National Urban: Alcoholic Beverages & Tobacco (2013=100) 116.980 Jan 2024 monthly Oct 2014 - Jan 2024
Consumer Price Index: National Urban (2013=100) 110.192 Jan 2024 monthly Jan 2014 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,100.0 Dec 2023 monthly Jan 1964 - Dec 2023
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -79.6 Dec 2023 monthly Jan 2001 - Dec 2023
Aluminum: Exports (USD th) 1,490.770 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,171.0 Dec 2023 monthly Jan 2000 - Dec 2023
Total Imports Growth (%) -6.6 Dec 2023 monthly Jan 2001 - Dec 2023
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 14.124 Nov 2023 monthly Jan 1970 - Nov 2023
Total Imports from USA (USD mn) 179.004 Nov 2023 monthly Jan 1967 - Nov 2023
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 149.250 Nov 2023 monthly Mar 1989 - Nov 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
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 122.2 Sep 2023 quarterly Mar 2013 - Sep 2023
Current Account Balance (USD mn) -5,854.6 Sep 2023 quarterly Mar 1998 - Sep 2023
Current Account Balance: % of GDP (%) -28.8 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Direct Investment (USD mn) -176.4 Sep 2023 quarterly Mar 1998 - Sep 2023
Foreign Direct Investment: % of GDP (%) -0.9 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment (USD mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 0.2 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
External Debt (USD mn) 39,889.6 Jan 2024 monthly Jul 2004 - Jan 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) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -73,105.081 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: Net Errors and Omissions (PAB mn) 3,834.392 Sep 2023 quarterly Mar 2013 - Sep 2023
Balance of Payment (BoP): Current Account (CA) (PAB mn) -5,854.602 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Services (PAB mn) 3,487.795 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods: Debit (PAB mn) -13,112.495 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods (PAB mn) -8,365.923 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income (PAB mn) -920.422 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income: Credit (PAB mn) 935.134 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account: Credit (PAB mn) 2.380 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Services: Debit (PAB mn) -1,488.692 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods: Credit (PAB mn) 4,746.572 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Direct Investment (PAB mn) -298.620 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Financial Account (FA) (PAB mn) 723.337 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income: Debit (PAB mn) -1,855.556 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) 540.810 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Financing: Reserve Assets (PAB mn) 1,266.187 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account (PAB mn) 2.380 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Services: Credit (PAB mn) 4,976.487 Sep 2023 quarterly Mar 2013 - Sep 2023
International Investment Position (IIP) (USD mn) -73,105.081 Sep 2023 quarterly Mar 2015 - Sep 2023
IIP: Liabilities (USD mn) 170,750.425 Sep 2023 quarterly Mar 2015 - Sep 2023
IIP: Assets (USD mn) 97,645.344 Sep 2023 quarterly Mar 2015 - Sep 2023
Foreign Direct Investment (FDI) (PAB mn) -176.394 Sep 2023 quarterly Mar 2013 - Sep 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Nov 2023 monthly Dec 2008 - Nov 2023
Household Debt: % of GDP (%) 38.3 Sep 2023 quarterly Dec 2007 - Sep 2023
Non-Performing Loans (USD mn) 1,670.620 Nov 2023 monthly Dec 2008 - Nov 2023
Money Supply M1 (USD mn) 9,005.520 Nov 2023 monthly Dec 2002 - Nov 2023
Money Supply M2 (USD mn) 38,886.890 Nov 2023 monthly Dec 2002 - Nov 2023
M2 Growth (%) 2.9 Nov 2023 monthly Dec 2003 - Nov 2023
Foreign Exchange Reserves (USD mn) 5,420.6 Jan 2024 monthly Oct 1969 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 5.035 Sep 2023 quarterly Dec 2007 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 5.2 Dec 2023 monthly Jan 2000 - Dec 2023
Gold Reserves (USD mn) 0.000 Jan 2024 monthly Sep 1969 - Jan 2024
Total Deposits (USD mn) 104,202.564 Nov 2023 monthly Dec 1998 - Nov 2023
Total Deposits Growth (%) 5.2 Nov 2023 monthly Dec 1999 - Nov 2023
Domestic Credit (USD mn) 60,945.5 Nov 2023 monthly Dec 2001 - Nov 2023
Domestic Credit Growth (%) 3.4 Nov 2023 monthly Dec 2002 - Nov 2023
Household Debt (USD mn) 31,588.9 Nov 2023 monthly Oct 2005 - Nov 2023
Total Loans (USD mn) 89,824.234 Nov 2023 monthly Dec 1998 - Nov 2023
Total Loans Growth (%) 4.14 Nov 2023 monthly Dec 1999 - Nov 2023
Private Debt: % of Nominal GDP (%) 69.44 Sep 2023 quarterly Dec 2007 - Sep 2023
Money Supply: M3 (PAB mn) 38,886.890 Nov 2023 monthly Dec 2002 - Nov 2023
Banking Statistics Last Frequency Range
Liquid Assets Ratio (%) 13.2 Nov 2023 monthly Jan 2003 - Nov 2023
Capital Adequacy Ratio (%) 15.3 Sep 2023 quarterly Mar 2005 - Sep 2023
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) 6.30 Jan 2024 monthly Jan 2006 - Jan 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) 1,043 Dec 2023 monthly Jan 2016 - Dec 2023
Tourism Last Frequency Range
Visitor Arrivals (Person) 137,480 Nov 2023 monthly Jan 2005 - Nov 2023
Visitor Arrivals Growth (%) -2.1 Nov 2023 monthly Jan 2006 - Nov 2023
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) 409.7 Feb 2024 monthly Jan 1999 - Feb 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) 22,876,164.450 Jan 2024 monthly Jan 1999 - Jan 2024
Panama Stock Exchange: Turnover Value: Total Market (PAB) 337,019,620.620 Jan 2024 monthly Jan 1999 - Jan 2024
Transport and Telecommunications Last Frequency Range
Registered Motor Vehicles (Unit th) 677.356 2015 yearly 2005 - 2015
Container Port Throughput (TEU) 8,623,927.000 2021 yearly 2008 - 2021
Liner Shipping Connectivity Index (2004=100) 56.570 2018 yearly 2004 - 2018
Number of Subscriber Fixed Line (Unit) 811,488.000 2022 yearly 1978 - 2022
Number of Subscriber Mobile (Person) 6,890,901.000 2022 yearly 1960 - 2022
Teledensity: Fixed Line (Number) 18.167 2021 yearly 1978 - 2021
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) 253,542.706 2022 yearly 1995 - 2022
Exports: Television (USD th) 55,442.200 2022 yearly 1995 - 2022
Imports: ICT Goods (USD th) 688,886.839 2021 yearly 2000 - 2021
Imports: Telecommunication Equipment (USD th) 253,542.706 2022 yearly 1995 - 2022
Imports: Television (USD th) 55,442.200 2022 yearly 1995 - 2022

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