External Debt in Panama
Panama - External DebtThe economy continued to recover in the fourth quarter, gaining steam thanks largely to a ramp-up of activity in the construction sector, but nevertheless bringing to a close an overall subdued annual performance in 2018. Indeed, although the mining and financial services sectors also performed quite well and construction activity benefited from the government’s public infrastructure push in the quarter, a slowdown in trade and shipping—the country’s core growth engine—weighed heavily on the Q4 print. Looking at Q1, although no hard data is available yet, the narrative is likely to be similar: Infrastructure spending is set to pick up, while construction should power the economy again. Growth in mining should also accelerate following the start of operations at the Cobre Panama mine in mid-February. However, signs of a slowdown in China, Europe and the U.S. could bode ill for the trade sector.
Panama - External Debt Data
|External Debt (% of GDP)||150||156||163||155||-|
5 years of economic forecasts for more than 30 economic indicators.
Panama External Debt Chart
Source: International Monetary Fund and Met the why particular calculations.
|Stock Market||439||0.0 %||Mar 08|
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March 15, 2019
Consumer prices rose 0.1% month-on-month in February, contrasting the 0.3% fall in January.
Panama: Growth accelerates in Q4 despite weaker trade flows on pick-up in construction, finance and mining
March 4, 2019
According to data released by the National Comptroller’s Office, the economy continued to regain steam in the last quarter of 2018 after rebounding from Q2’s decade-low performance in Q3.
February 15, 2019
Consumer prices fell 0.3% month-on-month in January, up from December’s 0.4% decline.
January 21, 2019
The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) rose from 3.0% in October to 3.5% in November. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity from January to November was largely due to growth in the sectors of transportation, warehousing and communications (which includes activity in the Panama Canal); water and electricity supply; and commerce—notably in the Colón Free Trade Zone.
January 15, 2019
Consumer prices fell 0.4% month-on-month in December, matching November’s print.