Panama recorded a Current Account surplus of 17.82 PAB Million in the third quarter of 2020. source: Instituto Nacional de Estadística y Censo - Panamá

Current Account in Panama averaged -687.77 PAB Million from 2003 until 2020, 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. This page provides - Panama Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Current Account - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Current Account in Panama is expected to be -230.00 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 -450.00 in 12 months time. In the long-term, the Panama Current Account is projected to trend around -630.00 PAB Million in 2022, according to our econometric models.

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Panama Current Account

Actual Previous Highest Lowest Dates Unit Frequency
17.82 2.18 247.00 -1670.40 2003 - 2020 PAB Million Quarterly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-12-20 11:00 PM Q3 PAB 2223M PAB -1342M PAB -1800M
2020-03-06 04:30 PM Q4 PAB -351M PAB -885M PAB -1320M
2020-08-03 11:00 PM Q1 PAB -26.4M PAB -351M PAB -400M
2020-12-10 03:00 PM Q2 PAB -2.2M PAB -26.4M PAB -50M
2021-04-30 05:00 PM Q4 PAB 17.8M PAB 40M
2021-08-03 11:00 PM Q1
2021-11-17 11:00 PM Q2
2021-12-16 06:00 PM Q3

Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -700822.56 -629828.96 -164179.00 -1274303.28 PAB Thousand [+]
Current Account 17.82 2.18 247.00 -1670.40 PAB Million [+]
Current Account to GDP -4.70 -8.20 14.81 -13.40 percent [+]
Imports 752477.10 672023.80 1349156.80 226561.00 PAB Thousand [+]
Exports 51654.51 42194.89 181465.14 40502.29 PAB Thousand [+]
Capital Flows 1481.36 363.24 2195.90 -2441.10 PAB Million [+]
Remittances 93216.10 85182.10 200000.00 49352.00 PAB Thousand [+]
Foreign Direct Investment 461.80 385.70 2040.90 -306.70 USD Million [+]
Terrorism Index 0.02 0.04 0.66 0.00 [+]

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).