Current Account in Panama

Panama Current Account | Economic News & Forecasts

Panama - Current Account

The latest available data indicates that economic growth likely remained sluggish in the second quarter, after hitting an over seven-year low in Q1 due to weak showings from the construction and trade-related sectors, which likely continued in Q2. In May, the Economic Activity Index (Indice Mensual de Actividad Economica) reached a nine-year low, hampered by a month-long union strike that ended on 18 May and brought the construction sector to a virtual standstill. Furthermore, social unrest remained high heading into Q3: There were widespread protests in June and July against a planned hike of electricity prices—backed by the IMF—which has for now been suspended.

Panama - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-9.7  -13.4  -7.9  -5.5  -4.9  

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Panama Current Account Chart


Panama Current Account
Note: Current account balance as % of GDP.
Source: General Controllership of the Republic of Panama and Met the why particular calculations.

Panama Facts

ValueChangeDate
Stock Market4790.0 %Aug 07

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