Benchmark Rate in Panama

Panama Benchmark Rate | Economic News & Forecasts

Panama - Benchmark Rate

In early June, the government announced its intention to amend existing fiscal expenditure laws that cap the fiscal deficit at 0.5% of GDP for 2018. The government plans to raise the fiscal deficit by one percentage point and inject USD 300 million into the construction of large-scale infrastructure projects to lessen the impact of the ongoing economic slowdown: Average monthly economic activity in Q1 dropped to a near three-year low; especially worrying was a contraction in construction activity in March. The construction sector is also expected to have a poor performance in the second quarter as a massive, month-long labor union that ended on 18 May brought the sector to a complete standstill. On the political scene, the U.S. government granted on 8 June the extradition of former president Ricardo Martinelli to face criminal prosecution in Panama. His return will unsettle the political landscape ahead of next year’s presidential election.

Panama - Benchmark Rate Data

2013  2014  2015  2016  2017  
Benchmark Interest Rate (%)6.74  7.12  7.49  7.61  -     

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Panama Benchmark Rate Chart

Panama Interest Rate
Note: 1-5 year nation commercial lending rate.
Source: Superintendency of Banks of Panama.

Panama Facts

Stock Market4780.0 %Jun 19
Stock Market4780.0 %Jun 19

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form