Panama recorded a Current Account deficit of 1434.60 PAB Million in the third quarter of 2018. Current Account in Panama averaged -720.04 PAB Million from 2003 until 2018, 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 -1450.00 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 -1320.00 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.

Panama Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-20 10:00 PM Current Account PAB -547.4M PAB -972.4M PAB -877.8M
2018-09-17 11:00 PM Current Account PAB -748.0M PAB -1077.6M PAB -390M
2019-01-07 12:00 AM Current Account PAB -1435M PAB -838M PAB -1000M
2019-03-15 02:00 PM Current Account PAB -1042M PAB -1586M PAB -1300M
2019-06-20 10:00 PM Current Account PAB -1042M PAB -1450M
2019-09-17 11:00 PM Current Account PAB -800M
2019-12-17 06:00 PM Current Account PAB -1470M


Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -956672.00 -986229.84 -164179.00 -1274300.00 PAB Thousand [+]
Current Account -1041.80 -1585.60 247.00 -1670.40 PAB Million [+]
Current Account to GDP -8.50 -7.90 14.81 -13.50 percent [+]
Imports 1017323.00 1038882.90 1349156.80 226561.00 PAB Thousand [+]
Exports 60651.00 52653.09 181465.14 40502.29 PAB Thousand [+]
Capital Flows -920.00 -2791.00 2195.90 -2791.00 PAB Million [+]
Remittances 443.70 426.10 652.00 220.00 USD Million [+]
Terrorism Index 0.08 0.15 0.66 0.00 [+]
Foreign Direct Investment 1343.30 1520.10 1685.10 -306.70 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Panama Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Panama Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1041.80 -1585.60 247.00 -1670.40 2003 - 2018 PAB Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 2847.87 Mar/19
Mexico -5634.10 Mar/19
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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