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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 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 : 39,788.2
  • High : 40,364.5
  • Low : 39,481.1
  • Max Fluctuation : 232.8
  • Max Fluctuation % : 1.05%
  • Open : 39,486
  • Time : 11:16:13
  • Yesterday : 39,486
  • Change % : 0.77%
  • Change : 302.2
  • Last : 1,828.01 (PAB)
  • High : 1,831.24
  • Low : 1,826.78
  • Max Fluctuation : 1.59
  • Max Fluctuation % : 0.02%
  • Open : 1,829.36
  • Time : 11:17:15
  • Yesterday : 1,829.36
  • Change % : 0.07%
  • Change : 1.35
  • Last : 73.06 (PAB)
  • High : 73.62
  • Low : 72.95
  • Max Fluctuation : 0.1
  • Max Fluctuation % : 0.34%
  • Open : 73.62
  • Time : 11:17:15
  • Yesterday : 73.62
  • Change % : 0.77%
  • Change : 0.56
  • Last : 0.8416 (PAB)
  • High : 0.8422
  • Low : 0.8408
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8413
  • Time : 11:15:15
  • Yesterday : 0.8412
  • Change % : 0.05%
  • Change : 0.0004

Panama Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
NZD/PAB Ask 0.7131 0.7134 0.7131 0.7156 0.00 0.28% 2021/07/30 Time 11:08
PLN/PAB Ask 0.2649 0.265 0.2649 0.2654 0.00 0.19% 2021/07/30 Time 11:08
SGD/PAB Ask 0.7534 0.7536 0.7533 0.7542 0.00 0.11% 2021/07/30 Time 11:08
TRY/PAB Ask 0.1204 0.1202 0.1202 0.1206 0.00 0.17% 2021/07/30 Time 11:08
MXN/PAB Ask 0.0512 0.0513 0.0512 0.0513 0.00 0.39% 2021/07/30 Time 11:08

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

-918716.54 21 May -827724 -1274303 : -164179 Monthly May/21

CPI Transportation

107.64 21 Jun 107 92.14 : 108 Monthly

Capital Flows

176.55 20 Dec 1481 -2441 : 2196 Quarterly

Car Registrations

0 21 May 1019 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

104.86 21 Jun 105 101 : 106 Monthly

Coronavirus Cases

0 21 Jul 430444 0 : 431554 Daily Jul/21

Coronavirus Deaths

0 21 Jul 6781 1 : 6791 Daily Jul/21

Coronavirus Recovered

0 21 Jul 382671 0 : 383656 Daily Jul/21

Coronavirus Vaccination Rate

0 21 Jul 52.19 0 : 52.19 Daily Jul/21

Coronavirus Vaccination Total

0 21 Jul 2252051 0 : 2252051 Daily Jul/21

Corporate Tax Rate

25.00 21 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

93.51 21 Jun 93.28 92.4 : 107 Monthly

Credit Rating

0 21 Jul : Monthly 60

Currency

1.00 21 Jul 1 1 : 1 Daily

Current Account

449.99 20 Dec 989 -1670 : 989 Quarterly

Current Account to GDP

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

Deposit Interest Rate

2.05 20 Dec 2.17 1.72 : 8.49 Yearly

Ease of Doing Business

0 19 Dec 79 55 : 86 Yearly

Exports

68353.35 21 May 59510 40502 : 181465 Monthly

Food Inflation

1.34 21 Apr 1.44 -1.7 : 15.6 Monthly

Foreign Direct Investment

461.80 20 Sep 386 -307 : 2041 Quarterly

GDP

52.94 20 Dec 66.79 0.54 : 66.79 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

25381.85 20 Dec 31432 10726 : 31432 Yearly

GDP per capita

9611.29 20 Dec 11902 2139 : 11902 Yearly

Gasoline Prices

0.90 21 Jun 0.86 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

987069.90 21 May 887234 226561 : 1349157 Monthly

Industrial Production

-0.70 19 Sep -6.6 -6.6 : 6.4 Quarterly

Inflation Rate

1.58 21 Jun 1.92 -2.5 : 10.04 Monthly Jun/21

Inflation Rate Mom

0.20 21 Apr 0.4 -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

12.09 21 Apr -6.03 -30.62 : 15.69 Monthly

Military Expenditure

0.00 20 Dec 0 0 : 192 Yearly

Personal Income Tax Rate

25.00 21 Dec 25 25 : 33 Yearly

Population

4.30 20 Dec 4.22 1.13 : 4.3 Yearly Dec/20

Remittances

107261.30 20 Dec 93216 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

386.54 21 Jul 386 208 : 490 Daily

Terrorism Index

0 19 Dec 0.04 0 : 0.66 Yearly

Unemployment Rate

18.50 20 Dec 7.1 4.1 : 18.5 Yearly Dec/20

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 -918716.54 -1114000 -1114000 -1114000 -1085000 -1114000 May/21
CPI Transportation 107.64 99.77 107 109 100 101
Capital Flows 176.55 -1200 -1200 -1200 -1300 -1200
Consumer Price Index Cpi 104.86 105 106 106 105 106
Corporate Tax Rate 25.00 25 25 25 25 25
Cpi Housing Utilities 93.51 93.98 95.07 94.63 94.3 95.39
Currency 1.00 1 1 1 1 1
Current Account 449.99 -450 -450 -450 -400 -630
Current Account to GDP -4.70 -6 -6 -6 -6 -6.5 Dec/19
Deposit Interest Rate 2.05 2.8 2.8 2.8 2.8 2.8
Exports 68353.35 66000 66000 66000 65000 66000
Food Inflation 1.34 0.7 0.7 0.7 0.3 0.7
Foreign Direct Investment 461.80 1280 1280 1280 1100 1500
GDP 52.94 67 67 67 67 68.5
GDP Annual Growth Rate -10.90 11 7 3.5 16.8 6
GDP Constant Prices 9970.30 11067 10668 10319 9568 11731
GDP From Agriculture 232.50 258 249 241 315 274
GDP From Construction 807.00 896 863 835 540 950
GDP From Manufacturing 478.20 531 512 495 417 563
GDP From Mining 532.80 591 570 551 423 627
GDP From Transport 1516.20 1683 1622 1569 1590 1784
GDP From Utilities 417.10 463 446 432 483 491
GDP Per Capita Ppp 25381.85 30600 30600 30600 30600 31120
GDP per capita 9611.29 11800 11800 11800 11800 12000
Gasoline Prices 0.90 0.81 0.77 0.73 0.86 0.7
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 987069.90 1180000 1180000 1180000 1150000 1180000
Industrial Production -0.70 2 2 2 3.5 1.3
Inflation Rate 1.58 1.6 1.9 1.2 1.8 1.5 Jun/21
Inflation Rate Mom 0.20 0.2 0.2 0.2 0.1 0.2
Interest Rate 1.36 2 2 2.25 1.75 2.25 %
Leading Economic Index 12.09 5.4 5.4 5.4 4.5 5.6
Military Expenditure 0.00 0 0 0 0 0
Personal Income Tax Rate 25.00 25 25 25 25 25
Population 4.30 4.34 4.34 4.34 4.28 4.4 Dec/20
Remittances 107261.30 127000 127000 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 386.54 376 371 366 381 356
Unemployment Rate 18.50 12 8.4 8.4 12 8.4 Dec/20
Wages 1209.00 1600 1600 1600 1600 1600 Dec/19