Panama | Economic Indicators

Markets Last Previous Average Unit Reference Frequency
Stock Market 417.08 423.64 156.21 Index points 2014-04-22 Daily [+]
Currency 1.00 1.00 1.00 2014-04-22 Daily [+]
GDP Last Previous Average Unit Reference Frequency
GDP 36.25 31.32 7.79 USD Billion 2012-12-31 Yearly [+]
GDP Annual Growth Rate 8.40 8.90 9.31 Percent 2013-12-31 Quarterly [+]
GDP per capita 7460.42 6852.81 3642.56 USD 2012-12-31 Yearly [+]
GDP per capita PPP 14320.16 13153.87 8032.37 USD 2012-12-31 Yearly [+]
Labour Last Previous Average Unit Reference Frequency
Population 3.72 3.62 2.28 Million 2012-12-31 Yearly [+]
Unemployment Rate 4.10 4.00 11.07 Percent 2013-12-31 Yearly [+]
Prices Last Previous Average Unit Reference Frequency
Inflation Rate 3.30 3.40 5.00 Percent 2014-03-31 Monthly [+]
Money Last Previous Average Unit Reference Frequency
Interest Rate 1.00 0.75 4.67 Percent 2013-11-15 Monthly [+]
Trade Last Previous Average Unit Reference Frequency
Remittances 601.00 592.00 366.60 USD Million 2012-12-31 Yearly [+]
Balance of Trade -1990.70 -2295.80 -1840.21 PAB Million 2013-12-31 Quarterly [+]
Current Account -1001.60 -1391.00 -508.20 PAB Million 2013-11-15 Quarterly [+]
Current Account to GDP -9.00 -12.63 -3.56 Percent 2012-12-31 Yearly [+]
Exports 3733.90 4149.70 3366.64 PAB Million 2013-12-31 Quarterly [+]
Imports 5724.60 6445.50 5210.24 PAB Million 2013-12-31 Quarterly [+]
Government Last Previous Average Unit Reference Frequency
Government Debt To GDP 35.90 37.83 66.20 Percent 2012-12-31 Yearly [+]
Government Budget -4.40 -2.90 -1.18 Percent of GDP 2013-12-31 Yearly [+]
Credit Rating 60.00 Monthly [+]
Business Last Previous Average Unit Reference Frequency
Industrial Production 4.70 3.40 2.67 Percent 2012-12-31 Yearly [+]
Taxes Last Previous Average Unit Reference Frequency
Corporate Tax Rate 25.00 25.00 27.50 percent 2014-01-01 Yearly [+]
Personal Income Tax Rate 25.00 25.00 26.80 percent 2013-01-01 Yearly [+]
Sales Tax Rate 7.00 7.00 6.11 Percent 2014-01-01 Yearly [+]





RELATED NEWS

Panama Current Account at -1001.60 PAB Million  
Panama recorded a Current Account deficit of 1001.60 PAB Million in the fourth quarter of 2013. Current Account in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Interest Rate at 1.00 Percent  
The benchmark interest rate in Panama was last recorded at 1 percent.
Panama Unemployment Rate at 4.10 Percent  
Unemployment Rate in Panama increased to 4.10 percent in 2013 from 4 percent in 2012. Unemployment Rate in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama GDP Annual Growth Rate at 8.40 Percent  
The Gross Domestic Product (GDP) in Panama expanded 8.40 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Panama is reported by the INCE, Panama.
Panama Inflation Rate at 3.30 Percent  
The inflation rate in Panama was recorded at 3.30 percent in March of 2014. Inflation Rate in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Imports at 5724.60 PAB Million  
Imports in Panama decreased to 5724.60 PAB Million in the fourth quarter of 2013 from 6445.50 PAB Million in the third quarter of 2013. Imports in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Exports at 3733.90 PAB Million  
Exports in Panama decreased to 3733.90 PAB Million in the fourth quarter of 2013 from 4149.70 PAB Million in the third quarter of 2013. Exports in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Balance of Trade at -1990.70 PAB Million  
Panama recorded a trade deficit of 1990.70 PAB Million in the fourth quarter of 2013. Balance of Trade in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá.
Panama Personal Income Tax Rate at 25.00 percent  
The Personal Income Tax Rate in Panama stands at 25 percent. Personal Income Tax Rate in Panama is reported by the General Directorate of Revenues, Panama.
Panama Corporate Tax Rate at 25.00 percent  
The Corporate Tax Rate in Panama stands at 25 percent. Corporate Tax Rate in Panama is reported by the General Directorate of Revenues, Panama.
MORE RELATED NEWS

LATEST NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
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This page includes a list of indicators for Panama. Panama | Economic Indicators - provides data from several countries including actual values, consensus figures, forecasts, historical time series and news. 4/23/2014