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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. The 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 US Army Corps of Engineers between 1904 and 1914. The 1977 Torrijos–Carter Treaties led to the transfer of the Canal from the United States to Panama on December 31, 1999. The surrounding territory was transferred in 1979.Revenue from canal tolls continues to represent a signifi... [More]
  • Last : 16,839.1
  • High : 19,020.1
  • Low : 16,433.1
  • Max Fluctuation : 465
  • Max Fluctuation % : 4.86%
  • Open : 18,758.5
  • Time : 18:23:47
  • Yesterday : 18,832.8
  • Change % : 11.84%
  • Change : 1,993.7
  • Last : 1,807.47 (PAB)
  • High : 1,818.28
  • Low : 1,805.05
  • Max Fluctuation : 1.86
  • Max Fluctuation % : 0.01%
  • Open : 1,806.51
  • Time : 18:24:29
  • Yesterday : 1,806.45
  • Change % : 0.06%
  • Change : 1.02
  • Last : 45.33 (PAB)
  • High : 46.09
  • Low : 44.79
  • Max Fluctuation : 0.11
  • Max Fluctuation % : 0.96%
  • Open : 45.65
  • Time : 18:23:27
  • Yesterday : 45.66
  • Change % : 0.73%
  • Change : 0.33
  • Last : 0.8415 (PAB)
  • High : 0.8415
  • Low : 0.8378
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8391
  • Time : 18:22:10
  • Yesterday : 0.8415
  • Change % : 0%
  • Change : 0

Panama Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
DKK/PAB Ask 0.1599 0.1598 0.1598 0.1604 0.00 0.13% 2020/11/26 Time 18:14
BRL/PAB Ask 0.1879 0.1877 0.1869 0.1881 0.00 0.11% 2020/11/26 Time 18:14
CAD/PAB Ask 0.7685 0.7689 0.7685 0.7698 0.00 0.10% 2020/11/26 Time 18:14
EUR/PAB Ask 1.19 1.1895 1.1894 1.194 0.00 0.14% 2020/11/26 Time 18:14
GBP/PAB Ask 1.3327 1.3334 1.3327 1.3398 0.01 0.42% 2020/11/26 Time 18:14

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

-600667.00 20 Sep -534038 -1274303 : -164179 Monthly Sep/20

CPI Transportation

93.18 20 May 92.14 92.14 : 108 Monthly

Capital Flows

-1160.61 20 Mar -770 -2441 : 2196 Quarterly

Car Registrations

0 20 Sep 484 11 : 4236 Monthly

Competitiveness Index

0 19 Dec 61.03 4.12 : 61.64 Yearly

Competitiveness Rank

0 19 Dec 64 40 : 66 Yearly

Consumer Price Index Cpi

102.70 20 May 103 101 : 106 Monthly

Coronavirus Cases

0 20 Nov 154783 0 : 155658 Daily Nov/20

Coronavirus Deaths

0 20 Nov 2973 1 : 2986 Daily Nov/20

Coronavirus Recovered

0 20 Nov 137004 0 : 138007 Daily Nov/20

Corporate Tax Rate

25.00 20 Dec 25 25 : 37 Yearly

Corruption Index

0 19 Dec 37 30 : 39 Yearly

Corruption Rank

0 19 Dec 93 51 : 102 Yearly

Cpi Housing Utilities

102.28 20 May 102 98.2 : 107 Monthly

Credit Rating

0 20 Nov : Monthly 63

Currency

1.00 20 Nov 1 1 : 1 Daily

Current Account

-26.40 20 Mar -351 -1707 : 247 Quarterly

Current Account to GDP

-4.70 19 Dec -8.2 -13.4 : 14.81 Yearly Dec/19

Deposit Interest Rate

2.16 17 Dec 2.12 2.12 : 8.49 Yearly

Ease of Doing Business

0 19 Dec 79 55 : 86 Yearly

Exports

51815.00 20 Sep 50176 40502 : 181465 Monthly

Food Inflation

-1.10 20 May -1 -1.7 : 15.6 Monthly

Foreign Direct Investment

1128.40 20 Mar 950 -307 : 1685 Quarterly

GDP

66.80 19 Dec 65.13 0.54 : 66.8 Yearly

GDP Annual Growth Rate

0.40 20 Mar 3.3 0.4 : 12.2 Quarterly

GDP Constant Prices

10634.33 20 Mar 11211 4959 : 11211 Quarterly

GDP From Agriculture

197.42 20 Mar 220 172 : 261 Quarterly

GDP From Construction

1634.64 20 Mar 1570 292 : 1755 Quarterly

GDP From Manufacturing

529.18 20 Mar 528 368 : 561 Quarterly

GDP From Mining

426.61 20 Mar 364 33.08 : 427 Quarterly

GDP From Transport

1537.25 20 Mar 1583 834 : 1583 Quarterly

GDP From Utilities

438.57 20 Mar 448 141 : 457 Quarterly

GDP Per Capita Ppp

31458.70 19 Dec 31049 10728 : 31459 Yearly

GDP per capita

11910.16 19 Dec 11755 2139 : 11910 Yearly

Gasoline Prices

0.63 20 Oct 0.62 0.41 : 1.1 Monthly

Government Budget

-3.80 19 Dec -3.2 -4.87 : 3.45 Yearly

Government Debt to GDP

46.43 19 Dec 39.44 34.69 : 116 Yearly Dec/19

IP Addresses

0 17 Mar 439307 155502 : 530598 Quarterly

Imports

652482.00 20 Sep 584214 226561 : 1349157 Monthly

Industrial Production

-0.70 19 Sep -6.6 -6.6 : 6.4 Quarterly

Inflation Rate

-2.50 20 May -2.4 -2.5 : 10.04 Monthly May/20

Inflation Rate Mom

0.00 20 May -1.3 -1.3 : 0.9 Monthly

Interest Rate

1.36 18 Jul 1.35 0.18 : 5.47 Monthly %

Internet Speed

0 17 Mar 5672 611 : 5900 Quarterly

Leading Economic Index

-40.90 20 May -34.65 -40.9 : 15.69 Monthly

Personal Income Tax Rate

25.00 20 Dec 25 25 : 33 Yearly

Population

4.22 19 Dec 4.16 1.13 : 4.22 Yearly Dec/19

Remittances

112565.00 20 Mar 127845 49352 : 200000 Quarterly

Sales Tax Rate

7.00 20 Dec 7 5 : 7 Yearly

Social Security Rate

22.25 19 Dec 22.25 20.75 : 23.75 Yearly

Social Security Rate For Companies

12.50 19 Dec 12.5 12.25 : 14.5 Yearly

Social Security Rate For Employees

9.75 19 Dec 9.75 8.5 : 10.25 Yearly

Stock Market

363.63 20 Nov 364 208 : 490 Daily

Terrorism Index

0 18 Dec 0.08 0 : 0.66 Yearly

Unemployment Rate

7.10 19 Dec 6 4.1 : 16.3 Yearly Dec/19

Wages

1422.00 18 Dec 1359 198 : 1422 Yearly Dec/18
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade -600667.00 -1085000 -1085000 -1085000 -1085000 -1114000 Sep/20
CPI Transportation 93.18 102 98.99 91.4 106 108
Capital Flows -1160.61 -1300 -1300 -1300 -1300 -1200
Consumer Price Index Cpi 102.70 103 103 102 109 111
Corporate Tax Rate 25.00 25 25 25 25 25
Cpi Housing Utilities 102.28 101 101 101 106 108
Currency 1.00 1 1 1 1 1
Current Account -26.40 -230 -350 -400 -150 -450
Current Account to GDP -4.70 -6 -6 -6 -5.5 -6 Dec/19
Deposit Interest Rate 2.16 1.9 1.9 1.9 2.8 2.8
Exports 51815.00 65000 65000 65000 65000 66000
Food Inflation -1.10 -0.2 0.1 0.3 -0.5 0.7
Foreign Direct Investment 1128.40 780 920 1100 650 1280
GDP 66.80 67 67 67 65.5 67
GDP Annual Growth Rate 0.40 0.6 16 6.8 -6.5 5
GDP Constant Prices 10634.33 10482 10698 12336 11819 12410
GDP From Agriculture 197.42 206 199 229 214 225
GDP From Construction 1634.64 1468 1644 1896 1786 1875
GDP From Manufacturing 529.18 494 532 614 575 604
GDP From Mining 426.61 340 429 495 232 244
GDP From Transport 1537.25 1480 1546 1783 1574 1653
GDP From Utilities 438.57 419 441 509 461 484
GDP Per Capita Ppp 31458.70 30600 30600 30600 29500 30600
GDP per capita 11910.16 11800 11800 11800 11400 11800
Gasoline Prices 0.63 0.55 0.52 0.5 0.62 0.59
Government Budget -3.80 -4.3 -4.3 -4.3 -4.7 -4.3
Government Debt to GDP 46.43 49 49 49 51 49 Dec/19
Imports 652482.00 1150000 1150000 1150000 1150000 1180000
Industrial Production -0.70 1.5 5 3.5 1.4 2
Inflation Rate -2.50 -1.1 -0.8 -0.6 -1.3 -0.2 May/20
Inflation Rate Mom 0.00 0.1 0.2 0.1 -0.1 0.2
Interest Rate 1.36 2 2 2.25 1.75 2.25 %
Leading Economic Index -40.90 2 18 4.5 -1.7 5.4
Personal Income Tax Rate 25.00 25 25 25 25 25
Population 4.22 4.28 4.28 4.28 4.28 4.34 Dec/19
Remittances 112565.00 119000 119000 119000 125000 127000
Sales Tax Rate 7.00 7 7 7 7 7
Social Security Rate 22.25 22.25 22.25 22.25 22.25 22.25
Social Security Rate For Companies 12.50 12.5 12.5 12.5 12.5 12.5
Social Security Rate For Employees 9.75 9.75 9.75 9.75 9.75 9.75
Stock Market 363.63 361 359 357 362 354
Unemployment Rate 7.10 8.5 8.5 8.5 10 8.5 Dec/19
Wages 1422.00 1600 1600 1600 1600 1600 Dec/18