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Panama Panama
Panama

Panama

Panama ( (listen) PAN-ə-mah, pan-ə-MAH; Spanish: Panamá IPA: [panaˈma] (listen)), officially the Republic of Panama (Spanish: República de Panamá), is a transcontinental country in Central America and South America, bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. Its capital and largest city is Panama City, whose metropolitan area is home to nearly half the country's 4 million people.Panama was inhabited by indigenous tribes before Spanish colonists arrived in the 16th century. It broke away from Spain in 1821 and joined the Republic of Gran Colombia, a union of Nueva Granada, Ecuador, and Venezuela. After Gran Colombia dissolved in 1831, Panama and Nueva Granada eventually became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the construction of the Panama Canal to be completed by the United States Army Corps of Engineers between 1904 and 1914. The 1977 Torrijos–Carter Treaties agreed to transfer the canal from the United States to Panama on December 31, 1999. The surrounding territory was first returned in 1979.Revenue from canal tolls continues to represent... [More]
  • Last : 24,307.87
  • High : 24,413.95
  • Low : 24,231.07
  • Max Fluctuation : 55.92
  • Max Fluctuation % : 0.11%
  • Open : 24,282.46
  • Time : 04:38:51
  • Yesterday : 24,282.46
  • Change % : 0.1%
  • Change : 25.41
  • Last : 1,799.19 (PAB)
  • High : 1,802.3
  • Low : 1,798.83
  • Max Fluctuation : 1.1
  • Max Fluctuation % : 0.1%
  • Open : 1,802.2
  • Time : 04:39:01
  • Yesterday : 1,803.64
  • Change % : 0.25%
  • Change : 4.45
  • Last : 91.66 (PAB)
  • High : 91.94
  • Low : 91.22
  • Max Fluctuation : 0.64
  • Max Fluctuation % : 0.48%
  • Open : 91.27
  • Time : 04:37:13
  • Yesterday : 91.88
  • Change % : 0.24%
  • Change : 0.22
  • Last : 0.9752 (PAB)
  • High : 0.9754
  • Low : 0.9747
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9748
  • Time : 04:38:33
  • Yesterday : 0.9747
  • Change % : 0.05%
  • Change : 0.0005

Panama Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
NZD/PAB Ask 0.6576 - 0.6575 0.6583 0.00 0.12% 2022/08/15 Time 4:38
SGD/PAB Ask 0.7438 - 0.7433 0.7439 0.00 0.03% 2022/08/15 Time 4:38
GBP/PAB Ask 1.2372 - 1.2372 1.2377 0.00 0.05% 2022/08/15 Time 4:38
EUR/PAB Ask 1.0257 - 1.0257 1.0263 0.00 0.05% 2022/08/15 Time 4:38
DKK/PAB Ask 0.1406 - 0.1406 0.1407 0.00 0.07% 2022/08/15 Time 4:38
CHF/PAB Ask 1.0826 - 1.0826 1.0835 0.00 0.06% 2022/08/15 Time 4:38

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
-2240864 22 May -922684 PAB Thousand
CPI Housing Utilities
95.17 22 Jun 95.16 points
CPI Transportation
130 22 Jun 124 points
Capital Flows
-682 21 Dec -849 PAB Million
Car Registrations
1129 21 Dec 656 Units
Competitiveness Index
61.64 19 Dec 61.03 Points
Competitiveness Rank
66 19 Dec 64
Consumer Price Index CPI
110 22 Jun 109 points
Coronavirus Cases
960300 22 Aug 954369 Persons
Coronavirus Deaths
8382 22 Jul 8373 Persons
Coronavirus Vaccination Rate
196 22 Aug 195 doses per 100 people
Coronavirus Vaccination Total
8517984 22 Aug 8484779 doses
Corporate Tax Rate
25 21 Dec 25 percent
Corruption Index
36 21 Dec 35 Points
Corruption Rank
105 21 Dec 111
Credit Rating
58 22 Aug
Currency
1 22 Aug 1
Current Account
-651 21 Dec -521 PAB Million
Current Account to GDP
2.3 21 Mar -4.9 percent of GDP
Deposit Interest Rate
2.05 20 Dec 2.17 percent
Ease of Doing Business
86 19 Dec 79
Exports
358939 22 May 275544 PAB Thousand
Food Inflation
5.2 22 Jun 4.22 percent
Foreign Direct Investment
454 21 Mar -153 USD Million
GDP
63.61 21 Dec 53.98 USD Billion
GDP Annual Growth Rate
13.6 22 Mar 16.3 percent
GDP Constant Prices
11097 22 Mar 11590 PAB Million
GDP From Agriculture
197 22 Mar 241 PAB Million
GDP From Construction
1294 22 Mar 1172 PAB Million
GDP From Manufacturing
532 22 Mar 543 PAB Million
GDP From Mining
817 22 Mar 788 PAB Million
GDP From Transport
1558 22 Mar 1674 PAB Million
GDP From Utilities
438 22 Mar 459 PAB Million
GDP per capita
13825 21 Dec 12172 USD
GDP per capita PPP
28837 21 Dec 25390 USD
Gasoline Prices
1.21 22 Jul 1.45 USD/Liter
Government Budget
-9.23 20 Dec -3.8 percent of GDP
Government Debt to GDP
69.82 20 Dec 46.44 percent of GDP
IP Addresses
463691 17 Mar 439307 IP
Imports
2599803 22 May 1198228 PAB Thousand
Industrial Production
5.31 22 Mar 10.55 percent
Inflation Rate
5.2 22 Jun 4.22 percent
Inflation Rate Mom
1.1 22 Jun 0.8 percent
Internet Speed
5900 17 Mar 5672 KBps
Leading Economic Index
26.3 22 May 6.2 percent
Military Expenditure
0 20 Dec 0 USD Million
Personal Income Tax Rate
25 21 Dec 25 percent
Population
4.38 21 Dec 4.3 Million
Remittances
106528 21 Mar 107261 PAB Thousand
Stock Market
391 22 Aug 391 points
Terrorism Index
0.02 19 Dec 0.04
Unemployment Rate
18.5 20 Dec 7.1 percent
Wages
1249 20 Dec 1185 PAB/Month
Indicator Actual Q1 Q2 Q3 Q4 Metric
Balance of Trade -2240864 -932000 -942106 -952374 -962640 PAB Thousand
CPI Housing Utilities 95.17 98.43 98.09 98.13 98.03 points
CPI Transportation 130 131 131 132 132 points
Capital Flows -682 -1200 -1200 -1200 PAB Million PAB Million
Consumer Price Index CPI 110 110 110 111 114 points
Corporate Tax Rate 25 25 25 25 percent
Currency 1 1 1 1 1
Current Account -651 -450 -630 -630 -630 PAB Million
Current Account to GDP 2.3 -6.5 -6.5 -6.5 percent of GDP
Deposit Interest Rate 2.05 2.8 2.8 2.8 2.8 percent
Exports 358939 399521 399809 400096 400384 PAB Thousand
Food Inflation 5.2 5.1 5.5 4 2 percent
Foreign Direct Investment 454 1280 1500 1500 1500 USD Million
GDP 63.61 68.5 68.5 68.5 USD Billion USD Billion
GDP Annual Growth Rate 13.6 4.5 6 3.1 3.5 percent
GDP Constant Prices 11097 12286 12900 13506 PAB Million PAB Million
GDP From Agriculture 197 255 268 280 PAB Million PAB Million
GDP From Construction 1294 1242 1304 1365 PAB Million PAB Million
GDP From Manufacturing 532 575 604 632 PAB Million PAB Million
GDP From Mining 817 835 877 918 PAB Million PAB Million
GDP From Transport 1558 1774 1863 1951 PAB Million PAB Million
GDP From Utilities 438 487 511 535 PAB Million PAB Million
GDP per capita 13825 14862 15605 16385 USD USD
GDP per capita PPP 28837 31120 31120 31120 USD USD
Gasoline Prices 1.21 1.26 1.3 1.35 1.4 USD/Liter
Government Budget -9.23 -4.3 -3.5 -3.5 -3.5 percent of GDP
Government Debt to GDP 69.82 50 50 50 percent of GDP
Imports 2599803 1331360 1341915 1352470 1363024 PAB Thousand
Industrial Production 5.31 2 1.3 1.3 1.3 percent
Inflation Rate 5.2 4.2 3.7 3.5 3 percent
Inflation Rate Mom 1.1 0.8 0.6 0.4 0.3 percent
Leading Economic Index 26.3 26 1.7 1.6 2.3 percent
Military Expenditure 0 0 0 0 0 USD Million
Personal Income Tax Rate 25 25 25 25 percent
Population 4.38 4.46 4.53 4.61 Million Million
Remittances 106528 127000 129000 129000 129000 PAB Thousand
Stock Market 391 388 386 384 382 points
Unemployment Rate 18.5 8.4 8.4 8.4 8.4 percent
Wages 1249 1600 1600 1600 1600 PAB/Month