Panama Motor Vehicles Sales Growth
2006 - 2024 | Monthly | % | CEIC Data
Key information about Panama Motor Vehicles Sales Growth
- Panama Motor Vehicles Sales grew 16.4 % in Jan 2024, compared with a growth of 5.0 % in the previous month.
- Panama Motor Vehicles Sales Growth rate is updated monthly, available from Jan 2006 to Jan 2024, with an average growth rate of 6.5 %.
- The data reached an all-time high of 3,532.0 % in May 2021 and a record low of -97.5 % in May 2020.
- Car Sales of Panama recorded 4,106.0 units in Jan 2024.
CEIC calculates monthly Motor Vehicles Sales Growth from monthly Motor Vehicles Sales. The National Institute of Statistics and Census provides Motor Vehicles Sales.
View Panama's Motor Vehicles Sales Growth from Jan 2006 to Jan 2024 in the chart:
What was Panama's Motor Vehicles Sales Growth in Jan 2024?
Panama Motor Vehicles Sales grew 16.4 % in Jan 2024, compared with a growth of 5.0 % in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 16.4 Jan 2024 | 5.0 Dec 2023 | -97.5 May 2020 | 3,532.0 May 2021 | % | monthly | Jan 2006 - Jan 2024 |
Motor Vehicles Sales Growth by Country Comparison
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Includes Motor Vehicles Sales Growth on 110 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 38.9 2019 | yearly | 2006 - 2019 |
| Algeria (%) | -1.8 2019 | yearly | 2006 - 2019 |
| Argentina (%) | -20.8 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | 12.7 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Austria (%) | -20.1 2022 | yearly | 2006 - 2022 |
| Azerbaijan (%) | 67.5 2019 | yearly | 2006 - 2019 |
| Bahrain (%) | -16.0 2019 | yearly | 2006 - 2019 |
| Bangladesh (%) | 5.4 2019 | yearly | 2006 - 2019 |
| Belarus (%) | 20.9 2019 | yearly | 2006 - 2019 |
| Belgium (%) | -6.9 2022 | yearly | 2006 - 2022 |
| Bolivia (%) | -12.1 2019 | yearly | 2006 - 2019 |
| Bosnia and Herzegovina (%) | -52.5 2019 | yearly | 2006 - 2019 |
| Botswana (%) | -87.1 2019 | yearly | 2006 - 2019 |
| Brazil (%) | -5.6 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Brunei (%) | 20.1 Nov 2020 | monthly | Jan 2011 - Nov 2020 |
| Bulgaria (%) | 8.8 2022 | yearly | 2006 - 2022 |
| Cambodia (%) | 12.6 2019 | yearly | 2006 - 2019 |
| Canada (%) | 13.1 Jan 2024 | monthly | Jan 1947 - Jan 2024 |
| Chile (%) | -36.9 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| China (%) | -19.9 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Colombia (%) | -28.7 Jan 2024 | monthly | Jan 2004 - Jan 2024 |
| Croatia (%) | -5.5 2022 | yearly | 2006 - 2022 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | -18.4 2022 | yearly | 2006 - 2022 |
| Ecuador (%) | 14.9 2022 | yearly | 2006 - 2022 |
| Egypt (%) | -37.0 2022 | yearly | 2006 - 2022 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | -16.2 2022 | yearly | 2006 - 2022 |
| France (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Georgia (%) | -3.4 2019 | yearly | 2006 - 2019 |
| Germany (%) | -0.3 2022 | yearly | 2006 - 2022 |
| Ghana (%) | -19.4 2019 | yearly | 2006 - 2019 |
| Greece (%) | 3.1 2022 | yearly | 2006 - 2022 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | -18.8 Feb 2024 | monthly | Jan 1990 - Feb 2024 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | -3.5 2022 | yearly | 2006 - 2022 |
| Israel (%) | -7.5 2022 | yearly | 2006 - 2022 |
| Italy (%) | -9.8 2022 | yearly | 2006 - 2022 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | -21.1 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | -10.6 2022 | yearly | 2006 - 2022 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | -21.3 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Kuwait (%) | 9.9 2022 | yearly | 2006 - 2022 |
| Kyrgyzstan (%) | -35.8 2019 | yearly | 2006 - 2019 |
| Laos (%) | 16.8 2019 | yearly | 2006 - 2019 |
| Latvia (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Lebanon (%) | -33.8 2019 | yearly | 2006 - 2019 |
| Lithuania (%) | 30.7 2019 | yearly | 2006 - 2019 |
| Luxembourg (%) | 4.4 2019 | yearly | 2006 - 2019 |
| North Macedonia (%) | 5.9 2019 | yearly | 2006 - 2019 |
| Malawi (%) | 1.6 2019 | yearly | 2006 - 2019 |
| Malaysia (%) | -1.1 Feb 2024 | monthly | Jul 1995 - Feb 2024 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 11.7 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | -8.0 2022 | yearly | 2006 - 2022 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | -4.1 2022 | yearly | 2006 - 2022 |
| New Zealand (%) | -9.5 2023 | yearly | 1976 - 2023 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | -3.4 2022 | yearly | 2006 - 2022 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 44.5 Feb 2024 | monthly | Jul 2006 - Feb 2024 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | 16.4 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | 6.0 2022 | yearly | 2006 - 2022 |
| Philippines (%) | 15.5 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
| Poland (%) | -6.6 2022 | yearly | 2006 - 2022 |
| Portugal (%) | 26.7 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 4.5 2022 | yearly | 2006 - 2022 |
| Russia (%) | 104.3 Mar 2024 | monthly | Jan 2009 - Mar 2024 |
| Saudi Arabia (%) | 10.8 2022 | yearly | 2006 - 2022 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | -7.4 Feb 2024 | monthly | Jan 2011 - Feb 2024 |
| Slovakia (%) | 3.1 2022 | yearly | 2006 - 2022 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | -11.5 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Spain (%) | -7.3 2022 | yearly | 2006 - 2022 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | -4.1 2022 | yearly | 2006 - 2022 |
| Switzerland (%) | -6.3 2022 | yearly | 2006 - 2022 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan (%) | -16.9 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | -26.1 Feb 2024 | monthly | Dec 1992 - Feb 2024 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
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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: Direct: Total (PAB th) | 183,964.393 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 (PAB th) | 402,771.625 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: Waste & Scrap of Steel, Copper & Aluminum (PAB th) | 6,147.94 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
| Exports: FOB: Raw Wood (PAB th) | 7,428.13 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) | 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) | -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: Goods: Debit (PAB mn) | -13,112.495 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Goods: Credit (PAB mn) | 4,746.572 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Services (PAB mn) | 3,487.795 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Services: Credit (PAB mn) | 4,976.487 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: Debit (PAB mn) | 0.000 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: 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: Capital Account (PAB mn) | 2.380 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: Financial Account (FA) (PAB mn) | 723.337 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 540.810 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: Direct Investment (PAB mn) | -298.620 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Goods (PAB mn) | -8,365.923 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| International Investment Position (IIP) (USD mn) | -73,105.081 Sep 2023 | quarterly | Mar 2015 - Sep 2023 |
| IIP: Assets (USD mn) | 97,645.344 Sep 2023 | quarterly | Mar 2015 - Sep 2023 |
| IIP: Liabilities (USD mn) | 170,750.425 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 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 |
More Indicators for Panama
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