Panama Economic Indicators

Balance of Trade

Last: -1,212,770.31

Units In: PAB Thousand

Panama's lack of mineral resources such as crude oil results in a trade deficits on a consistent basis. The imports of mineral products alone are larger than the country's total exports. Panama mainly exports salmon, banana and gold. Panama's major trade partner is the United States (30 percent of t...

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Consumer Price Index CPI

Last: 111

Units In: Points

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Current Account to GDP

Last: -2.2

Units In: % of GDP

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GDP Annual Growth Rate

Last: 9.5

Units In: %

Panama is one of the fastest growing economies in the Americas, greatly influenced by the famous canal connecting Atlantic and Pacific Ocean and business-friendly regulations. As a result service sector with insurance, finance, legal industries and flagship registry accounts for 80 percent of GDP.

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Government Debt to GDP