Panama recorded a Current Account deficit of 8.50 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Panama averaged -4.40 percent from 1980 until 2018, reaching an all time high of 14.81 percent in 1988 and a record low of -13.50 percent in 2014.

Current Account to GDP in Panama is expected to be -5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Current Account to GDP is projected to trend around -4.10 percent in 2020, according to our econometric models.

Panama Current Account to GDP
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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 to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Panama Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8.50 -7.90 14.81 -13.50 1980 - 2018 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 3.00 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -3.00 Dec/17
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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