RELATED NEWS

Tuesday January 17 2017
Panama Imports at 1011852.00 PAB Thousand  
Imports to Panama went up 5.3 percent year-on-year to 1012 million in November of 2016. Considering the first eleven months of the year, purchases shrank 3.9 percent to PAB 10.6 billion, driven by intermediate goods (-12.9 percent) and capital goods (-2.6 percent) while increased for consumer goods (+0.9 percent).
Tuesday January 17 2017
Panama Balance of Trade at -961388.00 PAB Thousand  
Panama recorded a trade deficit of PAB 961.4 million in November of 2016, higher than a PAB 912.4 million shortfall a year ago. Exports rose 3.7 percent year-on-year to PAB 50.46 million, while imports increased at a faster 5.3 percent to PAB 1012 million. Considering the first eleven months of the year, the trade deficit narrowed by 3.6 percent year-on-year to PAB 10.1 billion. Sales decreased 9.1 percent to PAB 0.6 billion, dragged down by cattle (-73.6 percent), leather products (-45.8 percent); fruits, namely pineapple (-36.5 percent) and fuels and lubricants (-13.1 percent). Imports declined at a slower 3.9 percent to PAB 10.6 billion, driven by intermediate goods (-12.9 percent) and capital goods (-2.6 percent) while increased for consumer goods (+0.9 percent).
Tuesday January 17 2017
Panama Exports at 50463.00 PAB Thousand  
Exports from Panama rose 3.7 percent year-on-year to PAB 50.46 million in November of 2016. Considering the first eleven months of the year, sales decreased 9.1 percent to PAB 0.6 billion, dragged down by cattle (-73.6 percent), leather products (-45.8 percent); fruits, namely pineapple (-36.5 percent) and fuels and lubricants (-13.1 percent).
Thursday January 12 2017
Panama Inflation Rate at 1.50 percent  
Consumer prices in Panama rose 1.5 percent year-on-year in December of 2016, following a 1.3 percent increase in the previous month. It was the highest inflation since January of 2015 as prices advanced faster for transport (+4.0 percent compared with +2 percent in November) and clothing and footwear (+0.9 percent from +0.8 percent). Additional upward pressure came from restaurants and hotels (+3.3 percent from +3.4 percent), food and non-alcoholic beverages (+0.7, the same pace as in the previous month) and miscellaneous goods and services (+1.8 percent, the same pace as in previous month). By contrast, cost of communications declined 2.7 percent (the same as in November). On a monthly basis, consumer prices went up 0.1 percent after a 0.1 percent drop in November.
Thursday January 12 2017
Panama Consumer Price Index Cpi at 104.00 Index Points  
Consumer Price Index Cpi in Panama increased to 104 Index Points in December from 103.90 Index Points in November of 2016.
Thursday January 12 2017
Panama Cpi Transportation at 102.30 Index Points  
Cpi Transportation in Panama increased to 102.30 Index Points in December from 101.70 Index Points in November of 2016.
Thursday January 12 2017
Panama Inflation Rate MoM at 0.10 percent  
The Consumer Price Index in Panama increased 0.10 percent in December of 2016 over the previous month.
Thursday January 12 2017
Panama Food Inflation at 0.70 percent  
Cost of food in Panama increased 0.70 percent in December of 2016 over the same month in the previous year.
Sunday January 08 2017
Panama Average Monthly Wages at 1238.00 PAB/Month  
Wages in Panama increased to 1238 PAB/Month in 2016 from 1115 PAB/Month in 2015.
Friday January 06 2017
Panama Interest Rate at 0.48 percent  
The benchmark interest rate in Panama was last recorded at 0.48 percent.
Friday January 06 2017
Panama Gasoline Prices at 0.71 USD/Liter  
Gasoline Prices in Panama increased to 0.71 USD/Liter in December from 0.64 USD/Liter in November of 2016.
Wednesday January 04 2017
Panama Terrorism Index at 0.00  
Terrorism Index in Panama remained unchanged at 0 in 2015 from 0 in 2014.
Wednesday January 04 2017
Panama Unemployment Rate at 5.60 percent  
Unemployment Rate in Panama increased to 5.60 percent in 2016 from 5.20 percent in 2015.
Wednesday January 04 2017
Panama Remittances at 794.00 USD Million  
Remittances in Panama increased to 794 USD Million in 2013 from 601 USD Million in 2012.
Wednesday January 04 2017
Panama Sales Tax Rate | VAT at 7.00 percent  
The Sales Tax Rate in Panama stands at 7 percent.
Wednesday January 04 2017
Panama Social Security Rate at 22.25 percent  
The Social Security Rate in Panama stands at 22.25 percent.
Wednesday January 04 2017
Panama Social Security Rate For Companies at 12.50 percent  
The Social Security Rate For Companies in Panama stands at 12.50 percent.
Wednesday January 04 2017
Panama Social Security Rate For Employees at 9.75 percent  
The Social Security Rate For Employees in Panama stands at 9.75 percent.
Wednesday January 04 2017
Panama Economic Activity Index YoY Change at 3.72 percent  
Panama's economic activity rose by 3.72 percent year-on-year in October 2016, following a 4.09 percent gain in September.
Wednesday January 04 2017
Panama Personal Income Tax Rate at 25.00 percent  
The Personal Income Tax Rate in Panama stands at 25 percent.
Wednesday January 04 2017
Panama Population at 3.91 Million  
The total population in Panama was estimated at 3.9 million people in 2014, according to the latest census figures.
Wednesday January 04 2017
Panama Foreign Direct Investment - Inflows at 4309.47 PAB Million  
Foreign Direct Investment in Panama increased by 4309.47 PAB Million in 2014.
Wednesday January 04 2017
Panama Industrial Production at -2.80 percent  
Industrial Production in Panama decreased 2.80 percent in the first quarter of 2016 over the same quarter in the previous year.
Wednesday January 04 2017
Panama GDP at 52.13 USD Billion  
The Gross Domestic Product (GDP) in Panama was worth 52.13 billion US dollars in 2015. The GDP value of Panama represents 0.08 percent of the world economy.
Wednesday January 04 2017
Panama GDP Annual Growth Rate at 4.80 percent  
Panama's gross domestic product expanded by 4.8 percent year-on-year in the third quarter of 2016, easing from a 5.2 percent growth in the previous period. Output rose at a slower pace for: Mining and quarrying (+5.8 percent from +8.8 percent in Q2); construction (+5.8 percent from +8.8 percent); retail trade (+4.3 percent from +6.4 percent); financial intermediation (+7.9 percent from +9 percent); real estate, business and rental activities (+4.5 percent from +8.3 percent); and social and private health service activities (+2 percent from +4.9 percent). Meanwhile, activity rebounded for: industry (+0.9 percent from -2.3 percent in Q2); transportation, storage and communication (+2.8 percent from -0.7 percent); and agriculture (+1.1 percent from -1.4 percent). By contrast, fishing contracted further (-7.2 percent from -11.9 percent in Q2).
Wednesday January 04 2017
Panama GDP per capita at 10750.94 USD  
The Gross Domestic Product per capita in Panama was last recorded at 10750.94 US dollars in 2015. The GDP per Capita in Panama is equivalent to 85 percent of the world's average.
Wednesday January 04 2017
Panama GDP per capita PPP at 20885.34 USD  
The Gross Domestic Product per capita in Panama was last recorded at 20885.34 US dollars in 2015, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Panama, when adjusted by Purchasing Power Parity is equivalent to 118 percent of the world's average.
Wednesday January 04 2017
Panama Government Budget at -3.90 percent of GDP  
Panama recorded a Government Budget deficit equal to 3.90 percent of the country's Gross Domestic Product in 2015.
Wednesday January 04 2017
Panama Government Debt to GDP at 39.10 percent  
Panama recorded a Government Debt to GDP of 39.10 percent of the country's Gross Domestic Product in 2015.
Wednesday January 04 2017
Panama Current Account to GDP at -6.50 percent  
Panama recorded a Current Account deficit of 6.50 percent of the country's Gross Domestic Product in 2015.
Wednesday January 04 2017
Deposit Interest Rate in Panama at 2.14 percent  
Deposit Interest Rate in Panama decreased to 2.14 percent in 2015 from 2.16 percent in 2014.
Wednesday January 04 2017
Ease of Doing Business in Panama at 70.00  
Ease of Doing Business in Panama deteriorated to 70 in 2016 from 67 in 2015.
Wednesday January 04 2017
Panama Corporate Tax Rate at 25.00 percent  
The Corporate Tax Rate in Panama stands at 25 percent.
Wednesday January 04 2017
Panama Corruption Index at 39.00 Points  
Panama scored 39 points out of 100 on the 2015 Corruption Perceptions Index reported by Transparency International.
Wednesday January 04 2017
Panama Corruption Rank at 72.00  
Panama is the 72 least corrupt nation out of 175 countries, according to the 2015 Corruption Perceptions Index reported by Transparency International.
Wednesday January 04 2017
Panama Capital Flows at 2137.10 PAB Million  
Panama recorded a capital and financial account surplus of 2137.10 PAB Million in the third quarter of 2016.
Wednesday January 04 2017
Panama Competitiveness Index at 4.51 Points  
Panama scored 4.51 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum.
Wednesday January 04 2017
Panama Competitiveness Rank at 42.00  
Panama is the 42 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum.
Monday December 26 2016
Panama Current Account at -1279.80 PAB Million  
Panama recorded a Current Account deficit of 1279.80 PAB Million in the third quarter of 2016.
Wednesday November 23 2016
Panama | Credit Rating at 60.00  
Standard & Poor's credit rating for Panama stands at BBB with stable outlook. Moody's credit rating for Panama was last set at Baa2 with stable outlook. Fitch's credit rating for Panama was last reported at BBB with stable outlook.
MORE RELATED NEWS