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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 led to the transfer of the Canal from the United States to Panama on December 31, 1999.Revenue from canal tolls continues to represent a significant portion of Panama's GDP, although commerce, ba... [More]
  • Last : 8,792.6
  • High : 9,078.9
  • Low : 8,673.9
  • Max Fluctuation : 131.5
  • Max Fluctuation % : 0.22%
  • Open : 9,017.7
  • Time : 07:20:10
  • Yesterday : 9,009.3
  • Change % : 2.46%
  • Change : 216.7
  • Last : 1,728.47 (PAB)
  • High : 1,734.84
  • Low : 1,726.22
  • Max Fluctuation : 1.48
  • Max Fluctuation % : 0.03%
  • Open : 1,734.84
  • Time : 07:20:45
  • Yesterday : 1,735.17
  • Change % : 0.39%
  • Change : 6.7
  • Last : 33.18 (PAB)
  • High : 33.42
  • Low : 32.55
  • Max Fluctuation : 0.26
  • Max Fluctuation % : 0.27%
  • Open : 33.42
  • Time : 07:20:45
  • Yesterday : 33.41
  • Change % : 0.69%
  • Change : 0.23
  • Last : 0.9182 (PAB)
  • High : 0.9184
  • Low : 0.9168
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9182
  • Time : 07:17:06
  • Yesterday : 0.9179
  • Change % : 0.03%
  • Change : 0.0003

Panama Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
PLN/PAB Ask 0.2413 0.2414 0.2412 0.2417 0.00 0.08% 2020/05/25 Time 7:14
SGD/PAB Ask 0.7014 0.7013 0.7012 0.7023 0.00 0.04% 2020/05/25 Time 7:14
NOK/PAB Ask 0.1 0.0999 0.0998 0.1 0.00 0.00% 2020/05/25 Time 7:07
NZD/PAB Ask 0.6098 0.6097 0.6088 0.6106 0.00 0.05% 2020/05/25 Time 7:07
TRY/PAB Ask 0.147 0.1469 0.1468 0.147 0.00 0.20% 2020/05/25 Time 7:07

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

-696545.23 20 Feb -861618 -1274303 : -164179 Monthly Feb/20

CPI Transportation

102.26 20 Feb 104 96 : 108 Monthly

Capital Flows

-769.96 19 Dec -1370 -2441 : 2196 Quarterly Dec/19

Car Registrations

0 20 Mar 1219 692 : 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

104.49 20 Feb 105 101 : 106 Monthly Feb/20

Coronavirus Cases

0 20 May 10116 1 : 10116 Daily May/20

Coronavirus Deaths

0 20 May 287 0 : 295 Daily May/20

Coronavirus Recovered

0 20 May 6194 0 : 6275 Daily May/20

Corporate Tax Rate

25.00 20 Dec 25 25 : 37 Yearly Dec/20

Corruption Index

0 19 Dec 37 30 : 39 Yearly

Corruption Rank

0 19 Dec 93 51 : 102 Yearly

Cpi Housing Utilities

102.79 20 Feb 103 98.2 : 107 Monthly

Credit Rating

0 20 May : Monthly 63

Currency

1.00 20 May 1 1 : 1 Daily

Current Account

-350.70 19 Dec -885 -1707 : 247 Quarterly Dec/19

Current Account to GDP

-4.70 19 Dec -8.2 -13.4 : 14.81 Yearly Dec/19

Deposit Interest Rate

2.16 17 Dec 2.12 2.12 : 8.49 Yearly Dec/17

Ease of Doing Business

0 19 Dec 79 55 : 86 Yearly

Exports

54227.44 20 Feb 51503 40502 : 181465 Monthly Feb/20

Food Inflation

-0.90 20 Feb -0.5 -1.7 : 15.6 Monthly Feb/20

Foreign Direct Investment

949.90 19 Dec 1456 -307 : 1685 Quarterly Dec/19

GDP

70.00 19 Dec 65.06 0.54 : 70 Yearly Dec/19

GDP Annual Growth Rate

3.30 19 Dec 2.7 2.7 : 12.2 Quarterly Dec/19

GDP Constant Prices

11210.52 19 Dec 10731 4959 : 11211 Quarterly Dec/19

GDP From Agriculture

220.16 19 Dec 261 172 : 261 Quarterly Dec/19

GDP From Construction

1569.62 19 Dec 1565 292 : 1755 Quarterly Dec/19

GDP From Manufacturing

527.98 19 Dec 505 368 : 561 Quarterly

GDP From Mining

364.14 19 Dec 327 33.08 : 364 Quarterly

GDP From Transport

1583.32 19 Dec 1549 834 : 1583 Quarterly

GDP From Utilities

448.12 19 Dec 457 141 : 457 Quarterly

GDP Per Capita Ppp

22674.40 18 Dec 22244 7855 : 22674 Yearly

GDP per capita

11723.93 18 Dec 11501 2139 : 11724 Yearly

Gasoline Prices

0.68 20 Apr 0.68 0.41 : 1.1 Monthly Apr/20

Government Budget

-3.80 19 Dec -3.2 -4.87 : 3.45 Yearly Dec/19

Government Debt to GDP

39.48 18 Dec 37.53 35 : 116 Yearly Dec/18

IP Addresses

0 17 Mar 439307 155502 : 530598 Quarterly

Imports

750772.70 20 Feb 913122 226561 : 1349157 Monthly Feb/20

Industrial Production

-0.70 19 Sep -6.5 -6.5 : 6.4 Quarterly

Inflation Rate

0.00 20 Feb 0.4 -0.7 : 10.04 Monthly Feb/20

Inflation Rate Mom

-0.30 20 Feb 0.1 -0.9 : 0.9 Monthly Feb/20

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

2.68 20 Jan 2.53 -2.26 : 15.69 Monthly

Personal Income Tax Rate

25.00 20 Dec 25 25 : 33 Yearly Dec/20

Population

4.22 19 Dec 4.16 1.13 : 4.22 Yearly Dec/19

Remittances

127845.00 19 Dec 122285 49352 : 200000 Quarterly Dec/19

Sales Tax Rate

7.00 20 Dec 7 5 : 7 Yearly Dec/20

Social Security Rate

22.25 19 Dec 22.25 20.75 : 23.75 Yearly Dec/19

Social Security Rate For Companies

12.50 19 Dec 12.5 12.25 : 14.5 Yearly Dec/19

Social Security Rate For Employees

9.75 19 Dec 9.75 8.5 : 10.25 Yearly Dec/19

Stock Market

382.02 20 May 382 208 : 490 Daily

Terrorism Index

0 18 Dec 0.08 0 : 0.66 Yearly

Unemployment Rate

7.10 19 Dec 6 4.1 : 16.3 Yearly Dec/19

Wages

1422.00 18 Dec 1359 198 : 1422 Yearly Dec/18
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade -696545.23 -1098800 -1035000 -1085000 -1057700 -1035000 Feb/20
CPI Transportation 102.26 103 103 103 104 105
Capital Flows -769.96 -1500 -1300 -1300 -1200 -1200 Dec/19
Consumer Price Index Cpi 104.49 105 105 105 105 106 Feb/20
Corporate Tax Rate 25.00 25 25 25 25 25 Dec/20
Cpi Housing Utilities 102.79 102 102 103 101 104
Currency 1.00 1 1 1 1 1
Current Account -350.70 -1560 -1250 -950 -900 -1200 Dec/19
Current Account to GDP -4.70 -5.5 -5.5 -6 -5.5 -6 Dec/19
Deposit Interest Rate 2.16 2 2.8 2.8 2.8 2.8 Dec/17
Exports 54227.44 61200 65000 65000 62300 66000 Feb/20
Food Inflation -0.90 0.1 0.5 0.6 -0.5 1 Feb/20
Foreign Direct Investment 949.90 1200 1465 1300 1100 1500 Dec/19
GDP 70.00 71 71 71.5 71 71.5 Dec/19
GDP Annual Growth Rate 3.30 -2.5 -1.7 0.6 -3.5 3.9 Dec/19
GDP Constant Prices 11210.52 10596 11020 11278 10349 11450 Dec/19
GDP From Agriculture 220.16 257 216 221 206 225 Dec/19
GDP From Construction 1569.62 1545 1543 1579 1438 1603 Dec/19
GDP From Manufacturing 527.98 499 519 531 545 539
GDP From Mining 364.14 323 358 366 174 372
GDP From Transport 1583.32 1529 1556 1593 1480 1617
GDP From Utilities 448.12 451 440 451 446 458
GDP Per Capita Ppp 22674.40 25500 25500 22593 22593 23192
GDP per capita 11723.93 12600 12600 13200 12600 11991
Gasoline Prices 0.68 0.61 0.58 0.55 0.65 0.53 Apr/20
Government Budget -3.80 -4.7 -4.7 -4.3 -4.7 -4.3 Dec/19
Government Debt to GDP 39.48 43 43 41 43 41 Dec/18
Imports 750772.70 1160000 1150000 1150000 1120000 1180000 Feb/20
Industrial Production -0.70 1.2 1.4 1.5 1 1.6
Inflation Rate 0.00 -0.1 0.3 0.5 -0.3 1.1 Feb/20
Inflation Rate Mom -0.30 0.1 0.5 0.3 0.3 0.4 Feb/20
Interest Rate 1.36 2 2 2.25 1.75 2.25 %
Leading Economic Index 2.68 -2.5 -1.7 2 -3.6 5.4
Personal Income Tax Rate 25.00 25 25 25 25 25 Dec/20
Population 4.22 4.27 4.28 4.28 4.27 4.34 Dec/19
Remittances 127845.00 120000 125000 119000 123000 127000 Dec/19
Sales Tax Rate 7.00 7 7 7 7 7 Dec/20
Social Security Rate 22.25 22.25 22.25 22.25 22.25 22.25 Dec/19
Social Security Rate For Companies 12.50 12.5 12.5 12.5 12.5 12.5 Dec/19
Social Security Rate For Employees 9.75 9.75 9.75 9.75 9.75 9.75 Dec/19
Stock Market 382.02 379 377 375 380 372
Unemployment Rate 7.10 8.1 8.1 7.9 8.1 7.9 Dec/19
Wages 1422.00 1500 1600 1600 1500 1600 Dec/18