Panama Nominal GDP Growth
Key information about Panama Nominal GDP Growth
- Panama Nominal GDP Growth was reported at 7.326 % in Dec 2023.
- This records a decrease from the previous number of 9.468 % for Sep 2023.
- Panama Nominal GDP Growth data is updated quarterly, averaging 8.951 % from Mar 2008 to Dec 2023, with 64 observations.
- The data reached an all-time high of 48.125 % in Jun 2021 and a record low of -37.211 % in Jun 2020.
- Panama Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Institute of Statistics and Census provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 2019 is based on SNA 1993.
View Panama's Nominal GDP Growth from Mar 2008 to Dec 2023 in the chart:
What was Panama's Nominal GDP Growth in Dec 2023?
Panama Nominal GDP Growth was reported at 7.326 % in Dec 2023. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
7.326 Dec 2023 | 9.468 Sep 2023 | -37.211 Jun 2020 | 48.125 Jun 2021 | % | quarterly | Mar 2008 - Dec 2023 |
Nominal GDP Growth by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 7.894 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
Algeria (%) | 9.089 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Argentina (%) | 169.925 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Armenia (%) | 9.822 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
Australia (%) | 4.423 Dec 2023 | quarterly | Sep 1960 - Dec 2023 |
Austria (%) | 6.545 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Azerbaijan (%) | -11.065 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Bahrain (%) | 1.243 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
Bangladesh (%) | 12.507 2022 | yearly | 2007 - 2022 |
Belarus (%) | 13.678 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Belgium (%) | 3.901 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Bolivia (%) | 0.912 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
Bosnia and Herzegovina (%) | 4.068 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
Botswana (%) | -4.803 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
Brazil (%) | 7.187 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Brunei (%) | -13.343 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
Bulgaria (%) | 5.061 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Cambodia (%) | 9.523 2022 | yearly | 1994 - 2022 |
Canada (%) | 3.973 Dec 2023 | quarterly | Mar 1958 - Dec 2023 |
Chile (%) | 3.969 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
China (%) | 4.162 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Colombia (%) | 4.957 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Croatia (%) | 8.099 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Cyprus (%) | 6.785 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Czech Republic (%) | 6.200 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Denmark (%) | -2.051 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ecuador (%) | -1.089 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Egypt (%) | 36.681 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
Estonia (%) | 2.955 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
European Union (%) | 5.666 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Finland (%) | 1.184 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
France (%) | 5.671 Dec 2023 | quarterly | Mar 1950 - Dec 2023 |
Georgia (%) | 7.641 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Germany (%) | 6.266 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Ghana (%) | 39.349 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
Greece (%) | 5.196 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Hong Kong SAR, China (%) | 8.548 Dec 2023 | quarterly | Mar 1974 - Dec 2023 |
Hungary (%) | 13.247 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Iceland (%) | 6.613 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
India (%) | 10.075 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
Indonesia (%) | 3.671 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Iran (%) | 36.289 Sep 2023 | quarterly | Jun 1989 - Sep 2023 |
Ireland (%) | -5.150 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Israel (%) | -0.107 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Italy (%) | 4.615 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
Japan (%) | 5.357 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Jordan (%) | 4.082 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Kazakhstan (%) | 11.192 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Kenya (%) | 11.651 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
South Korea (%) | 5.780 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Kosovo (%) | 9.548 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Kuwait (%) | -11.726 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Laos (%) | 16.562 2022 | yearly | 1985 - 2022 |
Latvia (%) | 5.716 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 4.718 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Luxembourg (%) | 1.823 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Macau SAR, China (%) | 99.802 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
North Macedonia (%) | 7.165 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
Malaysia (%) | 1.911 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Malta (%) | 9.267 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Mauritius (%) | 13.075 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Mexico (%) | 8.034 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Moldova (%) | 11.774 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Mongolia (%) | 24.672 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Montenegro (%) | 10.574 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Morocco (%) | 6.729 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Mozambique (%) | 11.040 2022 | yearly | 1964 - 2022 |
Nepal (%) | 13.427 2022 | yearly | 2002 - 2022 |
Netherlands (%) | 6.236 Dec 2023 | quarterly | Mar 1989 - Dec 2023 |
New Zealand (%) | 3.784 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
Nigeria (%) | 16.080 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
Norway (%) | -3.659 Dec 2023 | quarterly | Mar 1979 - Dec 2023 |
Oman (%) | -10.834 Jun 2023 | quarterly | Mar 2006 - Jun 2023 |
Pakistan (%) | 19.992 2022 | yearly | 2001 - 2022 |
Palestinian Territory (%) | -30.860 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Panama (%) | 7.326 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Paraguay (%) | 5.865 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
Philippines (%) | 9.280 Dec 2023 | quarterly | Mar 1982 - Dec 2023 |
Poland (%) | 6.938 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Qatar (%) | -15.018 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
Romania (%) | 14.314 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Russia (%) | 15.443 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
Saudi Arabia (%) | -0.728 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Serbia (%) | 12.351 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Singapore (%) | 2.511 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
Slovakia (%) | 11.483 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Slovenia (%) | 11.395 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
South Africa (%) | 5.946 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Spain (%) | 7.081 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
Sri Lanka (%) | 11.992 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
Sweden (%) | 3.373 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Syria (%) | 50.215 2021 | yearly | 1971 - 2021 |
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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: 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 |
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 (PAB mn) | -8,365.923 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: Credit (PAB mn) | 4,746.572 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: Services: Debit (PAB mn) | -1,488.692 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: Credit (PAB mn) | 2.380 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
BoP: Capital Account (PAB mn) | 2.380 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: Debit (PAB mn) | 0.000 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: Financial Account (FA) (PAB mn) | 723.337 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
BoP: FA: Portfolio Investment: Liabilities (PAB mn) | 44.032 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
BoP: FA: Portfolio Investment: Assets (PAB mn) | 540.810 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 |
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