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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 : 59,084.4
  • High : 59,084.4
  • Low : 59,084.4
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 59,084.4
  • Time : 00:21:44
  • Yesterday : 59,084.8
  • Change % : 0%
  • Change : 0.4
  • Last : 1,831.13 (PAB)
  • High : 1,832.26
  • Low : 1,830.26
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 8 May
  • Yesterday : 1,831.13
  • Change % : 0%
  • Change : 0
  • Last : 64.84 (PAB)
  • High : 64.9
  • Low : 64.68
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 8 May
  • Yesterday : 64.84
  • Change % : 0%
  • Change : 0
  • Last : 0.8222 (PAB)
  • High : 0.8224
  • Low : 0.8217
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 8 May
  • Yesterday : 0.8222
  • Change % : 0%
  • Change : 0

Panama Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
NZD/PAB Ask 0.7425 - 0.7425 0.7429 0.00 0.00% 2021/05/08 Time 1:42
SEK/PAB Ask 0.1228 - 0.1227 0.1228 0.00 0.00% 2021/05/08 Time 1:42
SGD/PAB Ask 0.7698 - 0.7698 0.7703 0.00 0.00% 2021/05/08 Time 1:42
TRY/PAB Ask 0.1238 - 0.1237 0.1238 0.00 0.00% 2021/05/08 Time 1:42
TWD/PAB Ask 0.0367 - 0.0367 0.0368 0.00 0.00% 2021/05/08 Time 1:42

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

-700822.56 21 Feb -629829 -1274303 : -164179 Monthly Feb/21

CPI Transportation

105.10 21 Mar 103 92.14 : 108 Monthly

Capital Flows

176.55 20 Dec 1481 -2441 : 2196 Quarterly

Car Registrations

0 21 Feb 490 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

104.30 21 Mar 104 101 : 106 Monthly

Coronavirus Cases

0 21 May 365619 0 : 365975 Daily May/21

Coronavirus Deaths

0 21 May 6252 1 : 6255 Daily May/21

Coronavirus Recovered

0 21 May 355828 0 : 356144 Daily May/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

93.30 21 Mar 92.86 92.4 : 107 Monthly

Credit Rating

0 21 May : Monthly 60

Currency

1.00 21 May 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

51654.51 21 Feb 42195 40502 : 181465 Monthly

Food Inflation

1.35 21 Feb 0.65 -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

0.83 21 Apr 0.85 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

752477.10 21 Feb 672024 226561 : 1349157 Monthly

Industrial Production

-0.70 19 Sep -6.6 -6.6 : 6.4 Quarterly

Inflation Rate

0.30 21 Mar -0.59 -2.5 : 10.04 Monthly Mar/21

Inflation Rate Mom

0.40 21 Mar 0.6 -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

-14.60 21 Jan -9.2 -20.92 : 15.69 Monthly

Military Expenditure

0.00 19 Dec 0 0 : 193 Yearly

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

376.19 21 May 376 208 : 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 -700822.56 -1085000 -1035000 -1035000 -1035000 -1035000 Feb/21
CPI Transportation 105.10 97.15 108 99.77 99.29 101
Capital Flows 176.55 -1300 -1200 -1200 -1300 -1200
Consumer Price Index Cpi 104.30 104 111 105 103 106
Corporate Tax Rate 25.00 25 25 25 25 25
Cpi Housing Utilities 93.30 104 108 93.98 102 95.39
Currency 1.00 1 1 1 1 1
Current Account 449.99 -400 -450 -450 -350 -630
Current Account to GDP -4.70 -6 -6 -6 -6 -6.5 Dec/19
Deposit Interest Rate 2.05 1.9 2.8 2.8 2.8 2.8
Exports 51654.51 65000 66000 66000 65000 66000
Food Inflation 1.35 0.3 0.7 0.7 0.1 0.7
Foreign Direct Investment 461.80 1100 1280 1280 920 1500
GDP 66.80 67 67 67 67 68.5
GDP Annual Growth Rate -10.90 16.8 12 7 26 5
GDP Constant Prices 9970.30 9568 11167 10668 8186 11725
GDP From Agriculture 232.50 315 260 249 276 273
GDP From Construction 807.00 540 904 863 198 949
GDP From Manufacturing 478.20 417 536 512 383 562
GDP From Mining 532.80 423 597 570 105 627
GDP From Transport 1516.20 1590 1698 1622 1620 1783
GDP From Utilities 417.10 483 467 446 514 491
GDP Per Capita Ppp 31458.70 30600 30600 30600 30600 31120
GDP per capita 11910.16 11800 11800 11800 11800 12000
Gasoline Prices 0.83 0.63 0.59 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 752477.10 1150000 1180000 1180000 1150000 1180000
Industrial Production -0.70 3.5 2 2 5 1.3
Inflation Rate 0.30 1.8 1.6 1.9 1.2 1.5 Mar/21
Inflation Rate Mom 0.40 0.1 0.2 0.2 0.2 0.2
Interest Rate 1.36 2 2 2.25 1.75 2.25 %
Leading Economic Index -14.60 4.5 5.4 5.4 18 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 4.28 4.34 4.34 4.28 4.4 Dec/20
Remittances 93216.10 119000 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 376.19 373 371 370 375 366
Unemployment Rate 7.10 9 9 8.4 9 8.4 Dec/19
Wages 1209.00 1600 1600 1600 1600 1600 Dec/19