Panama recorded a Current Account deficit of 1291.57 PAB Million in the first quarter of 2019. Current Account in Panama averaged -737.09 PAB Million from 2003 until 2019, reaching an all time high of 247 PAB Million in the fourth quarter of 2009 and a record low of -1670.40 PAB Million in the third quarter of 2015.
Current Account in Panama is expected to be -1470.00 PAB Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Panama to stand at -900.00 in 12 months time. In the long-term, the Panama Current Account is projected to trend around -1200.00 PAB Million in 2020, according to our econometric models.