The economy of Panama advanced 2.94 percent year-on-year in March 2019, edging down from a 2.96 percent expansion in the previous month. Growth was mainly boosted by transport and communications, mostly in Panama Canal; utilities driven by thermal energy and natural gas; public administration and financial intermediation. Leading Economic Index in Panama averaged 6.27 percent from 2007 until 2019, reaching an all time high of 15.69 percent in April of 2008 and a record low of -2.26 percent in August of 2009.

Leading Economic Index in Panama is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Panama to stand at 4.80 in 12 months time. In the long-term, the Panama Economic Activity Index YoY Change is projected to trend around 5.30 percent in 2020, according to our econometric models.

Panama Economic Activity Index YoY Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-22 08:00 PM IMAE Economic Activity YoY 3.80% 3.49% 3.8%
2019-04-23 02:10 PM IMAE Economic Activity YoY 3.74% 3.57% 3.7%
2019-05-21 02:30 PM IMAE Economic Activity YoY 2.96% 3.74% 4%
2019-06-21 11:00 PM IMAE Economic Activity YoY 2.94% 2.96% 3.3%
2019-07-17 10:00 PM IMAE Economic Activity YoY 2.94% 3.2%
2019-08-16 10:00 PM IMAE Economic Activity YoY 4.7%
2019-09-17 11:00 PM IMAE Economic Activity YoY


Panama Business Last Previous Highest Lowest Unit
Industrial Production -3.90 1.30 6.40 -5.10 percent [+]
Leading Economic Index 2.94 2.96 15.69 -2.26 percent [+]
Internet Speed 5900.46 5672.43 5900.46 610.73 KBps [+]
IP Addresses 463691.00 439307.00 530598.00 155502.00 IP [+]
Ease of Doing Business 79.00 79.00 83.00 55.00 [+]
Car Registrations 1362.00 1452.00 4236.00 692.00 Units [+]
Competitiveness Index 61.03 61.64 61.64 4.12 Points [+]
Competitiveness Rank 64.00 55.00 64.00 40.00 [+]
Corruption Index 37.00 37.00 39.00 30.00 Points [+]
Corruption Rank 93.00 96.00 102.00 51.00 [+]


Panama Economic Activity Index YoY Change

In Panama, the Monthly Economic Activity Index - IMAE - estimates the activity of the different economic sectors in a given month, anticipating future movements in GDP. It aggregates the 14 different sectors included in the GDP calculation: agriculture, livestock, hunting and forestry; fishing; mining and quarrying; manufacturing; electricity and water supply; construction; wholesale and retail trade; hotels and restaurants; transport, storage, and communications; financial services; real estate; education; health and social services and public administration. The index has a base value of 100 as of 1996. . This page provides the latest reported value for - Panama Economic Activity Index YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Panama Economic Activity Index YoY Change - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.94 2.96 15.69 -2.26 2007 - 2019 percent Monthly
2013=100




Country Last Previous
Argentina 0.90 May/19
Australia -0.08 May/19
Brazil 0.54 May/19
Canada 0.30 Apr/19
Japan 95.20 May/19
Mexico -1.40 Apr/19
Russia 0.20 May/19
Singapore 109.30 Mar/19
South Africa 0.70 Apr/19
South Korea 114.40 May/19
Turkey 1.73 May/19
United Kingdom 0.30 May/19
United States 127.88 May/19


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