Online Forum
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 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 a signific... [More]
  • Last : 48,979.5
  • High : 49,398
  • Low : 48,166.8
  • Max Fluctuation : 181.7
  • Max Fluctuation % : 0.45%
  • Open : 49,197.6
  • Time : 11:38:55
  • Yesterday : 49,400.4
  • Change % : 0.86%
  • Change : 420.9
  • Last : 1,699.92 (PAB)
  • High : 1,701.69
  • Low : 1,697.73
  • Max Fluctuation : 1.15
  • Max Fluctuation % : 0%
  • Open : 1,698.42
  • Time : 01:30:12
  • Yesterday : 1,698.74
  • Change % : 0.07%
  • Change : 1.18
  • Last : 66.26 (PAB)
  • High : 66.35
  • Low : 66.15
  • Max Fluctuation : 0.05
  • Max Fluctuation % : 0.12%
  • Open : 66.15
  • Time : 01:30:12
  • Yesterday : 66.13
  • Change % : 0.2%
  • Change : 0.13
  • Last : 0.8392 (PAB)
  • High : 0.8396
  • Low : 0.8389
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8391
  • Time : 01:50:07
  • Yesterday : 0.8391
  • Change % : 0.01%
  • Change : 0.0001

Panama Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/PAB Ask 1.2023 - 1.2023 1.2023 0.00 0.00% 2021/03/05 Time 8:42
PAB/USD Ask 1 - 0.9981 1 0.00 0.00% 2021/03/05 Time 8:36
GBP/PAB Ask 1.3915 - 1.3915 1.3915 0.00 0.00% 2021/03/03 Time 8:42
NOK/PAB Ask 0.1179 - 0.1176 0.1179 0.00 0.00% 2021/02/27 Time 1:35
NZD/PAB Ask 0.7375 - 0.7375 0.7379 0.00 0.00% 2021/02/27 Time 1:35

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

-787827.53 20 Dec -659793 -1274303 : -164179 Monthly Dec/20

CPI Transportation

98.20 20 Dec 96.7 92.14 : 108 Monthly

Capital Flows

1481.36 20 Sep 363 -2441 : 2196 Quarterly

Car Registrations

0 20 Dec 737 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

102.74 20 Oct 103 101 : 106 Monthly

Coronavirus Cases

0 21 Mar 342019 0 : 342741 Daily Mar/21

Coronavirus Deaths

0 21 Mar 5884 1 : 5895 Daily Mar/21

Coronavirus Recovered

0 21 Mar 328945 0 : 329709 Daily Mar/21

Corporate Tax Rate

25.00 20 Dec 25 25 : 37 Yearly

Corruption Index

0 20 Dec 36 30 : 39 Yearly

Corruption Rank

0 20 Dec 101 51 : 111 Yearly

Cpi Housing Utilities

92.50 20 Dec 92.4 92.4 : 107 Monthly

Credit Rating

0 21 Mar : Monthly 61

Currency

1.00 21 Mar 1 1 : 1 Daily

Current Account

17.82 20 Sep 2.18 -1670 : 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

55561.38 20 Dec 51968 40502 : 181465 Monthly

Food Inflation

-0.60 20 Jul -0.8 -1.7 : 15.6 Monthly

Foreign Direct Investment

461.80 20 Sep 386 -307 : 2041 Quarterly

GDP

66.80 19 Dec 65.13 0.54 : 66.8 Yearly

GDP Annual Growth Rate

-10.90 20 Dec -23.6 -38.2 : 12.2 Quarterly

GDP Constant Prices

9970.30 20 Dec 8192 4959 : 11211 Quarterly

GDP From Agriculture

232.50 20 Dec 270 172 : 270 Quarterly

GDP From Construction

807.00 20 Dec 463 157 : 1755 Quarterly

GDP From Manufacturing

478.20 20 Dec 357 304 : 561 Quarterly

GDP From Mining

532.80 20 Dec 362 33.08 : 533 Quarterly

GDP From Transport

1516.20 20 Dec 1362 834 : 1583 Quarterly

GDP From Utilities

417.10 20 Dec 414 141 : 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

0.74 21 Feb 0.7 0.41 : 1.1 Monthly

Government Budget

-9.23 20 Dec -3.8 -9.23 : 3.45 Yearly

Government Debt to GDP

69.82 20 Dec 46.44 34.69 : 116 Yearly Dec/20

IP Addresses

0 17 Mar 439307 155502 : 530598 Quarterly

Imports

843388.90 20 Dec 711761 226561 : 1349157 Monthly

Industrial Production

-0.70 19 Sep -6.6 -6.6 : 6.4 Quarterly

Inflation Rate

-1.95 20 Oct -1.86 -2.5 : 10.04 Monthly Oct/20

Inflation Rate Mom

-0.40 20 Jul 0.52 -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

-17.80 20 Nov -18.15 -18.3 : 15.69 Monthly

Personal Income Tax Rate

25.00 20 Dec 25 25 : 33 Yearly

Population

4.30 20 Dec 4.22 1.13 : 4.3 Yearly Dec/20

Remittances

93216.10 20 Sep 85182 49352 : 200000 Quarterly

Sales Tax Rate

7.00 20 Dec 7 5 : 7 Yearly

Social Security Rate

22.25 20 Dec 22.25 20.75 : 23.75 Yearly

Social Security Rate For Companies

12.50 20 Dec 12.5 12.25 : 14.5 Yearly

Social Security Rate For Employees

9.75 20 Dec 9.75 8.5 : 10.25 Yearly

Stock Market

357.30 21 Mar 357 208 : 490 Daily

Terrorism Index

0 19 Dec 0.04 0 : 0.66 Yearly

Unemployment Rate

7.10 19 Dec 6 4.1 : 16.3 Yearly Dec/19

Wages

1209.00 19 Dec 1422 198 : 1422 Yearly Dec/19
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade -787827.53 -1085000 -1085000 -1035000 -1035000 -1035000 Dec/20
CPI Transportation 98.20 101 96.77 108 102 102
Capital Flows 1481.36 -1300 -1300 -1200 -1300 -1200
Consumer Price Index Cpi 102.74 105 104 111 103 103
Corporate Tax Rate 25.00 25 25 25 25 25
Cpi Housing Utilities 92.50 103 103 108 101 101
Currency 1.00 1 1 1 1 1
Current Account 17.82 -350 -400 -450 -230 -630
Current Account to GDP -4.70 -6 -6 -6 -6 -6.5 Dec/19
Deposit Interest Rate 2.16 1.9 1.9 2.8 2.8 2.8
Exports 55561.38 65000 65000 66000 65000 66000
Food Inflation -0.60 0.1 0.3 0.7 -0.2 0.7
Foreign Direct Investment 461.80 920 1100 1280 780 1500
GDP 66.80 67 67 67 67 68.5
GDP Annual Growth Rate -10.90 26 16.8 5 2.6 3.7
GDP Constant Prices 9970.30 8186 9568 8601 10926 8920
GDP From Agriculture 232.50 276 256 230 203 239
GDP From Construction 807.00 198 184 165 1677 171
GDP From Manufacturing 478.20 383 355 319 543 331
GDP From Mining 532.80 105 96.88 87.1 438 90.32
GDP From Transport 1516.20 1620 1502 1350 1577 1400
GDP From Utilities 417.10 514 477 428 450 444
GDP Per Capita Ppp 31458.70 30600 30600 30600 30600 31120
GDP per capita 11910.16 11800 11800 11800 11800 12000
Gasoline Prices 0.74 0.63 0.6 0.57 0.67 0.54
Government Budget -9.23 -4.3 -4.3 -4.3 -4.3 -3.5
Government Debt to GDP 69.82 52 52 52 52 50 Dec/20
Imports 843388.90 1150000 1150000 1180000 1150000 1180000
Industrial Production -0.70 5 3.5 2 1.5 1.3
Inflation Rate -1.95 0.8 0.7 -0.2 0.5 0.8 Oct/20
Inflation Rate Mom -0.40 0.2 0.1 0.2 0.1 0.2
Interest Rate 1.36 2 2 2.25 1.75 2.25 %
Leading Economic Index -17.80 18 4.5 5.4 2 5.6
Personal Income Tax Rate 25.00 25 25 25 25 25
Population 4.30 4.28 4.28 4.34 4.28 4.4 Dec/20
Remittances 93216.10 119000 119000 127000 119000 129000
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 357.30 354 353 351 356 348
Unemployment Rate 7.10 8.5 8.5 8.5 8.5 7.5 Dec/19
Wages 1209.00 1600 1600 1600 1600 1600 Dec/19