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Monday February 27 2017
Panama Interest Rate at 0.58 percent  
The benchmark interest rate in Panama was last recorded at 0.58 percent.
Wednesday February 22 2017
Panama Imports at 1055018.40 PAB Thousand  
Imports to Panama remained broadly unchanged year-on-year at PAB 1055 million in December 2016. Considering whole 2016, purchases declined 3.6 percent to PAB 11.7 billion, driven by intermediate goods (-12.4 percent) and capital goods (-4 percent) while increased for consumer goods (2.2 percent).
Wednesday February 22 2017
Panama Balance of Trade at -1009640.52 PAB Thousand  
Panama recorded a trade deficit of PAB 1009.6 million in December of 2016, almost unchanged from a PAB 1009.9 million gap in the same period of 2015. Exports edged down 0.1 percent year-on-year to PAB 45.38 million and imports remained broadly unchanged at PAB 1055 million. Considering whole 2016, the trade deficit narrowed 3.3 percent year-on-year to PAB 11.1 billion. Sales tumbled 8.5 percent to PAB 0.6 billion, dragged down by fruit, namely bananas (-7.4 percent), melons (-20.1 percent), pineapple (-34.9 percent); fresh and frozen fish (-19.1 percent) and beef cattle (-24.4 percent). Imports declined at a slower 3.6 percent to PAB 11.7 billion, driven by intermediate goods (-12.4 percent) and capital goods (-4 percent) while increased for consumer goods (2.2 percent).
Wednesday February 22 2017
Panama Exports at 45377.87 PAB Thousand  
Exports from Panama edged down 0.1 percent year-on-year to PAB 45.38 million in December 2016. Considering whole 2016, sales tumbled 8.5 percent to PAB 0.6 billion, dragged down by fruit, namely bananas (-7.4 percent), melons (-20.1 percent), pineapple (-34.9 percent); fresh and frozen fish (-19.1 percent) and beef cattle (-24.4 percent).
Monday February 20 2017
Panama Population at 3.98 Million  
The total population in Panama was estimated at 4.0 million people in 2015, according to the latest census figures.
Sunday February 19 2017
Panama Inflation Rate at 1.60 percent  
Consumer prices in Panama rose 1.6 percent year-on-year in January of 2017, following a 1.5 percent increase in the prior month. It was the highest inflation rate since January of 2015 as prices went up faster for transport (4.8 percent vs 3.2 percent in December), miscellaneous goods and services (1.9 percent vs 1.8 percent) and housing and utilities (2.7 percent vs 0.5 percent). Additional upward pressure came from: food and non-alcoholic beverages (0.7 percent, the same pace as in prior month), restaurants and hotels (2.3 percent vs 3.3 percent), recreation and culture (0.1 percent vs 0.3 percent) and clothing and footwear (0.9 percent, the same as in prior month). On a monthly basis, consumer prices went up 0.3 percent compared to a 0.1 percent rise in December.
Sunday February 19 2017
Panama Inflation Rate MoM at 0.30 percent  
The Consumer Price Index in Panama increased 0.30 percent in January of 2017 over the previous month.
Sunday February 19 2017
Panama Food Inflation at 0.70 percent  
Cost of food in Panama increased 0.70 percent in January of 2017 over the same month in the previous year.
Sunday February 19 2017
Panama Consumer Price Index Cpi at 104.30 Index Points  
Consumer Price Index Cpi in Panama increased to 104.30 Index Points in January from 104 Index Points in December of 2016.
Sunday February 19 2017
Panama Cpi Transportation at 103.60 Index Points  
The transportation sub-index of the CPI basket in Panama increased to 103.60 Index Points in January of 2016 from 102.30 Index Points in December of 2016.
Thursday February 16 2017
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.
Tuesday February 14 2017
Panama Industrial Production at -3.60 percent  
Industrial Production in Panama decreased 3.60 percent in the third quarter of 2016 over the same quarter in the previous year.
Tuesday January 31 2017
Panama Gasoline Prices at 0.73 USD/Liter  
Gasoline Prices in Panama increased to 0.73 USD/Liter in January from 0.71 USD/Liter in December of 2016.
Tuesday January 31 2017
Panama Economic Activity Index YoY Change at 4.64 percent  
Economic activity in Panama increased 4.64 percent year-on-year in November of 2016.
Thursday January 26 2017
Panama Corruption Rank at 87.00  
Panama is the 87 least corrupt nation out of 175 countries, according to the 2016 Corruption Perceptions Index reported by Transparency International.
Tuesday January 24 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.
Monday January 23 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.
Thursday January 19 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.
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.
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 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 equivalent to 39.10 percent of the country's Gross Domestic Product in 2015.
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 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 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 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 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  
Panama is ranked 70 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Panama deteriorated to 70 in 2016 from 67 in 2015.
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.
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.
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