Panama: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Panama

Publication Date: June 09, 2014
Electronic Access: Free Full text (PDF file size is 1,433KB).
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Summary: This 2014 Article IV Consultation highlights that Panama’s economic performance remains buoyant. Real GDP growth averaged about 8.5 percent over the past decade, the highest in Latin America, supported by an ambitious public investment program, and accompanied by strong reduction in unemployment, poverty, and income inequality. After exceeding 10 percent in 2011–2012, growth slowed to 8.4 percent in 2013 reflecting mainly a decline in Colon Free Zone activity and in Canal traffic. Growth is expected to remain strong over the medium term. Inflation is moderating, owing to the deceleration of international food and oil prices. The baseline outlook is favorable, with moderate risks.
Series: Country Report No. 14/157
Subject(s): Article IV consultation reports | Economic growth | Fiscal policy | Budget deficits | Fiscal reforms | Banking sector | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Panama

Publication Date: June 09, 2014
ISBN/ISSN: 9781498397209/1934-7685 Format: Paper
Stock No: 1PANEA2014003 Pages: 68
US$18.00 (Academic Rate:
US$18.00 )
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