Panama Foreign Direct Investment

1998 - 2023 | Quarterly | USD mn | CEIC Data

Key information about Panama Foreign Direct Investment

  • Panama Foreign Direct Investment (FDI) increased by 779.1 USD mn in Dec 2023, compared with a drop of 72.0 USD mn in the previous quarter.
  • Panama Foreign Direct Investment: USD mn net flows data is updated quarterly, available from Mar 1998 to Dec 2023.
  • The data reached an all-time high of 2.0 USD bn in Jun 2018 and a record low of -651.3 USD mn in Dec 2020.

CEIC converts quarterly Foreign Direct Investment into USD. The National Institute of Statistics and Census provides Foreign Direct Investment in local currency based on BPM6. The International Monetary Fund average market exchange rate is used for currency conversions. Foreign Direct Investment prior to Q1 2013 is based on BPM5 and prior to Q1 2003 is sourced from the International Monetary Fund.


Related information about Panama Foreign Direct Investment

  • In the latest reports of Panama, Current Account recorded a deficit of 4.4 USD bn in Dec 2023.
  • Panama Direct Investment Abroad expanded by 150.6 USD mn in Dec 2023.
  • Its Foreign Portfolio Investment increased by 1.3 USD bn in Dec 2023.
  • The country's Nominal GDP was reported at 18.1 USD bn in Sep 2022.

View Panama's Foreign Direct Investment from Mar 1998 to Dec 2023 in the chart:

Panama Foreign Direct Investment

What was Panama's Foreign Direct Investment in Dec 2023?

Panama Foreign Direct Investment (FDI) increased by 779.1 USD mn in Dec 2023, compared with a drop of 72.0 USD mn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
779.1 Dec 2023 -72.0 Sep 2023 -651.3 Dec 2020 2,040.9 Jun 2018 USD mn quarterly Mar 1998 - Dec 2023

Foreign Direct Investment by Country Comparison

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Includes Foreign Direct Investment on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 432.6 Dec 2023 quarterly Mar 1993 - Dec 2023
Algeria (USD mn) 190.0 Jun 2023 quarterly Mar 2007 - Jun 2023
Argentina (USD mn) 6,815.7 Dec 2023 quarterly Mar 1977 - Dec 2023
Armenia (USD mn) -163.5 Dec 2023 quarterly Mar 1993 - Dec 2023
Australia (USD mn) 17,043.1 Dec 2023 quarterly Sep 1959 - Dec 2023
Austria (USD mn) 3,220.1 Dec 2023 quarterly Mar 1970 - Dec 2023
Azerbaijan (USD mn) -569.8 Dec 2023 quarterly Mar 2013 - Dec 2023
Bahrain (USD mn) 532.1 2022 yearly 2012 - 2022
Bangladesh (USD mn) 913.3 Sep 2023 quarterly Sep 2003 - Sep 2023
Belarus (USD mn) 71.1 Dec 2023 quarterly Mar 1996 - Dec 2023
Belgium (USD mn) 3,191.9 Mar 2023 monthly Jan 2007 - Mar 2023
Bolivia (USD mn) 53.0 Sep 2023 quarterly Mar 1977 - Sep 2023
Bosnia and Herzegovina (USD mn) 160.7 Dec 2023 quarterly Mar 2001 - Dec 2023
Botswana (USD mn) 50.1 Sep 2023 quarterly Mar 2004 - Sep 2023
Brazil (USD mn) 5,380.2 May 2023 monthly Jan 1995 - May 2023
Brunei (USD mn) -315.6 Dec 2020 quarterly Mar 2001 - Dec 2020
Bulgaria (USD mn) 60.2 Apr 2023 monthly Jan 2007 - Apr 2023
Cambodia (USD mn) 1,008.3 Dec 2023 quarterly Mar 2010 - Dec 2023
Canada (USD mn) 8,333.3 Dec 2023 quarterly Mar 1957 - Dec 2023
Chile (USD mn) 1,641.4 Feb 2024 monthly Jan 2003 - Feb 2024
China (USD mn) 17,668.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Colombia (USD mn) 3,946.2 Dec 2023 quarterly Mar 1996 - Dec 2023
Croatia (USD mn) 673.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Cyprus (USD mn) 1,353.9 Dec 2023 quarterly Mar 2008 - Dec 2023
Czech Republic (USD mn) 965.8 Apr 2023 monthly Jan 2004 - Apr 2023
Denmark (USD mn) -2,688.4 Feb 2024 monthly Jan 1999 - Feb 2024
Ecuador (USD mn) 87.4 Dec 2023 quarterly Mar 1993 - Dec 2023
Egypt (USD mn) 2,321.7 Sep 2023 quarterly Dec 1993 - Sep 2023
Estonia (USD mn) 184.6 Apr 2023 monthly Jan 2008 - Apr 2023
European Union (USD mn) 2,335.3 Feb 2024 monthly Apr 1999 - Feb 2024
Finland (USD mn) 1,191.3 Jan 2024 monthly Jan 2006 - Jan 2024
France (USD mn) -581.7 Feb 2024 monthly Jan 1997 - Feb 2024
Georgia (USD mn) 302.0 Dec 2023 quarterly Mar 1997 - Dec 2023
Germany (USD mn) 987.5 Feb 2024 monthly Jan 1971 - Feb 2024
Ghana (USD mn) 324.8 Dec 2022 quarterly Mar 2011 - Dec 2022
Greece (USD mn) 304.2 Apr 2023 monthly Jan 2000 - Apr 2023
Hong Kong SAR, China (USD mn) 23,324.3 Sep 2023 quarterly Mar 1999 - Sep 2023
Hungary (USD mn) -89,140.4 Dec 2023 quarterly Mar 1991 - Dec 2023
Iceland (USD mn) -13.9 Dec 2023 quarterly Mar 1976 - Dec 2023
India (USD mn) 7,352.2 Jun 2023 quarterly Jun 1990 - Jun 2023
Indonesia (USD mn) 4,857.7 Dec 2023 quarterly Mar 1981 - Dec 2023
Iran (USD mn) 838.3 2021 yearly 1997 - 2021
Ireland (USD mn) 7,145.1 Dec 2023 quarterly Mar 1981 - Dec 2023
Israel (USD mn) 3,942.7 Dec 2023 quarterly Mar 1972 - Dec 2023
Italy (USD mn) 7,940.2 Jan 2024 monthly Jan 1988 - Jan 2024
Ivory Coast (USD mn) 1,599.1 2022 yearly 1970 - 2022
Japan (USD mn) -1,518.6 Feb 2024 monthly Jan 1996 - Feb 2024
Jordan (USD mn) 154.3 Dec 2023 quarterly Mar 1977 - Dec 2023
Kazakhstan (USD mn) -355.4 Dec 2023 quarterly Dec 1997 - Dec 2023
Kenya (USD mn) 393.6 2022 yearly 1970 - 2022
South Korea (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Kosovo (USD mn) 240.0 Dec 2023 quarterly Mar 2009 - Dec 2023
Kuwait (USD mn) 196.3 Sep 2023 quarterly Mar 2012 - Sep 2023
Kyrgyzstan (USD mn) -75.1 Mar 2023 quarterly Mar 1993 - Mar 2023
Laos (USD mn) 780.0 Sep 2023 quarterly Mar 2001 - Sep 2023
Latvia (USD mn) 14.3 Apr 2023 monthly Jan 2000 - Apr 2023
Lebanon (USD mn) 35.3 Dec 2022 monthly Jan 2002 - Dec 2022
Lithuania (USD mn) 370.0 Jan 2024 monthly Jan 2001 - Jan 2024
Luxembourg (USD mn) -131,420.3 Dec 2023 quarterly Mar 2002 - Dec 2023
Macau SAR, China (USD mn) 2,933.1 2022 yearly 1985 - 2022
North Macedonia (USD mn) -187.1 Dec 2023 monthly Jan 2001 - Dec 2023
Malawi (USD mn) 46.4 2021 yearly 1970 - 2021
Malaysia (USD mn) 2,569.3 Dec 2023 quarterly Mar 2005 - Dec 2023
Malta (USD mn) 22,429.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Mauritius (USD mn) 2,477.0 Sep 2023 quarterly Mar 2017 - Sep 2023
Mexico (USD mn) -1,169.4 Dec 2023 quarterly Mar 1980 - Dec 2023
Moldova (USD mn) 109.8 Dec 2023 quarterly Mar 1994 - Dec 2023
Mongolia (USD mn) 267.1 Feb 2024 monthly Jan 2009 - Feb 2024
Montenegro (USD mn) 150.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Morocco (USD mn) 24.4 Dec 2023 quarterly Mar 2014 - Dec 2023
Mozambique (USD mn) 632.9 Dec 2023 quarterly Mar 1996 - Dec 2023
Myanmar (USD mn) 169.1 Jun 2023 quarterly Mar 1976 - Jun 2023
Nepal (USD mn) 8.7 Jan 2024 quarterly Oct 2000 - Jan 2024
Netherlands (USD mn) -332,969.8 Dec 2023 quarterly Jun 2003 - Dec 2023
New Zealand (USD mn) 1,680.3 Dec 2023 quarterly Jun 2000 - Dec 2023
Nigeria (USD mn) 752.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Norway (USD mn) -566.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Oman (USD mn) 5,479.8 2022 yearly 1970 - 2022
Pakistan (USD mn) 131.2 Feb 2024 monthly Jul 1997 - Feb 2024
Palestinian Territory (USD mn) -17.8 Sep 2023 quarterly Mar 2011 - Sep 2023
Panama (USD mn) 779.1 Dec 2023 quarterly Mar 1998 - Dec 2023
Paraguay (USD mn) 172.2 Mar 2022 quarterly Mar 2008 - Mar 2022
Peru (USD mn) 30.2 Dec 2023 quarterly Mar 1977 - Dec 2023
Philippines (USD mn) 826.1 Dec 2023 monthly Jan 2005 - Dec 2023
Poland (USD mn) 4,383.0 Feb 2024 monthly Jan 2000 - Feb 2024
Portugal (USD mn) 904.4 Apr 2023 monthly Jan 1996 - Apr 2023
Qatar (USD mn) 29.1 Dec 2023 quarterly Mar 2011 - Dec 2023
Romania (USD mn) 725.9 Jan 2024 monthly Jan 2005 - Jan 2024
Russia (USD mn) -3,075.1 Dec 2023 quarterly Mar 1994 - Dec 2023
Saudi Arabia (USD mn) 3,516.5 Dec 2023 quarterly Mar 2006 - Dec 2023
Serbia (USD mn) 597.1 Jan 2024 monthly Jan 2013 - Jan 2024
Singapore (USD mn) 56,128.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Slovakia (USD mn) -42.2 Apr 2023 monthly Jan 2008 - Apr 2023
Slovenia (USD mn) 147.7 Apr 2023 monthly Jan 1994 - Apr 2023
South Africa (USD mn) 864.4 Dec 2023 quarterly Mar 1985 - Dec 2023
Spain (USD mn) -1,186.1 Apr 2023 monthly Jan 1990 - Apr 2023
Sri Lanka (USD mn) 250.9 Dec 2023 quarterly Mar 1977 - Dec 2023
Sudan (USD mn) 152.4 Dec 2022 quarterly Dec 1996 - Dec 2022
Sweden (USD mn) 8,177.7 Dec 2023 quarterly Mar 1975 - Dec 2023
Switzerland (USD mn) -15,764.0 Dec 2023 quarterly Mar 1985 - Dec 2023

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Panama Key Series

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Includes 164 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 402.772 Jan 2024 monthly Jan 1995 - Jan 2024
Tax Revenue: % of GDP (%) 9.6 Dec 2023 quarterly Mar 2007 - Dec 2023
National Government Debt (USD mn) 49,808.0 Feb 2024 monthly Jul 2004 - Feb 2024
Government Debt: % of GDP (%) 56.4 Dec 2023 quarterly Dec 2007 - Dec 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) 402,771.625 Jan 2024 monthly Jan 1995 - Jan 2024
Central Government Revenue: Current Revenue (PAB th) 493,810.833 Jan 2024 monthly Jan 1995 - Jan 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 183,964.393 Jan 2024 monthly Jan 1995 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,031.9 Jan 2024 monthly Jan 1964 - Jan 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -75.7 Jan 2024 monthly Jan 2001 - Jan 2024
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) 1,094.8 Jan 2024 monthly Jan 2000 - Jan 2024
Total Imports Growth (%) -4.5 Jan 2024 monthly Jan 2001 - Jan 2024
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) 17.278 Dec 2023 monthly Jan 1970 - Dec 2023
Total Imports from USA (USD mn) 182.677 Dec 2023 monthly Jan 1967 - Dec 2023
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 146.475 Dec 2023 monthly Mar 1989 - Dec 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) 150.6 Dec 2023 quarterly Mar 2013 - Dec 2023
Current Account Balance (USD mn) -4,356.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance: % of GDP (%) -18.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment (USD mn) 779.1 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment: % of GDP (%) 3.4 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment (USD mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 5.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2023 quarterly Mar 2013 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
External Debt (USD mn) 42,844.3 Feb 2024 monthly Jul 2004 - Feb 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) -72,069.421 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: Net Errors and Omissions (PAB mn) 4,238.808 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods (PAB mn) -6,856.914 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods: Credit (PAB mn) 3,968.015 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services: Debit (PAB mn) -1,586.616 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account (PAB mn) 2.055 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income: Debit (PAB mn) -1,767.175 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account: Debit (PAB mn) 0.000 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Financial Account (FA) (PAB mn) 1,689.751 Dec 2023 quarterly Mar 2013 - Dec 2023
Balance of Payment (BoP): Current Account (CA) (PAB mn) -4,356.507 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services: Credit (PAB mn) 4,899.518 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services (PAB mn) 3,312.902 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income: Credit (PAB mn) 1,015.783 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account: Credit (PAB mn) 2.055 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods: Debit (PAB mn) -10,824.928 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Financing: Reserve Assets (PAB mn) -2,018.107 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Direct Investment (PAB mn) 628.537 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) 772.109 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income (PAB mn) -751.392 Dec 2023 quarterly Mar 2013 - Dec 2023
International Investment Position (IIP) (USD mn) -72,069.421 Dec 2023 quarterly Mar 2015 - Dec 2023
IIP: Liabilities (USD mn) 174,745.416 Dec 2023 quarterly Mar 2015 - Dec 2023
IIP: Assets (USD mn) 102,675.995 Dec 2023 quarterly Mar 2015 - Dec 2023
Foreign Direct Investment (FDI) (PAB mn) 779.107 Dec 2023 quarterly Mar 2013 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Feb 2024 monthly Dec 2008 - Feb 2024
Household Debt: % of GDP (%) 38.0 Dec 2023 quarterly Dec 2007 - Dec 2023
Non-Performing Loans (USD mn) 1,686.854 Feb 2024 monthly Dec 2008 - Feb 2024
Money Supply M1 (USD mn) 9,318.060 Dec 2023 monthly Dec 2002 - Dec 2023
Money Supply M2 (USD mn) 39,528.840 Dec 2023 monthly Dec 2002 - Dec 2023
M2 Growth (%) 3.9 Dec 2023 monthly Dec 2003 - Dec 2023
Foreign Exchange Reserves (USD mn) 8,144.7 Feb 2024 monthly Oct 1969 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 7.368 Dec 2023 quarterly Dec 2007 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 5.0 Jan 2024 monthly Jan 2000 - Jan 2024
Gold Reserves (USD mn) 0.000 Feb 2024 monthly Sep 1969 - Feb 2024
Total Deposits (USD mn) 104,069.234 Jan 2024 monthly Dec 1998 - Jan 2024
Total Deposits Growth (%) 9.0 Feb 2024 monthly Dec 1999 - Feb 2024
Domestic Credit (USD mn) 61,225.8 Feb 2024 monthly Dec 2001 - Feb 2024
Domestic Credit Growth (%) 4.7 Feb 2024 monthly Dec 2002 - Feb 2024
Household Debt (USD mn) 32,052.6 Feb 2024 monthly Oct 2005 - Feb 2024
Total Loans (USD mn) 90,529.510 Jan 2024 monthly Dec 1998 - Jan 2024
Total Loans Growth (%) 5.98 Feb 2024 monthly Dec 1999 - Feb 2024
Private Debt: % of Nominal GDP (%) 68.65 Dec 2023 quarterly Dec 2007 - Dec 2023
Money Supply: M3 (PAB mn) 39,528.840 Dec 2023 monthly Dec 2002 - Dec 2023
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,690.512 Feb 2024 monthly Dec 2002 - Feb 2024

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