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World Economic and Financial Surveys

World Economic Outlook Database

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New Query

Report for Selected Countries and Subjects: October 2021

The downloads are presented in Tab Delimited Values format which is compatible with most statistical packages and Excel. Shaded blue cells indicate IMF staff estimates. Please scroll through table to see full content.

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Country Subject Descriptor Units Scale Country/Series-specific Notes 2019 2020 2021 2022 2023 2024 2025 2026
Panama Gross domestic product, constant prices National currency Billions

43.033 35.309 39.528 41.505 43.580 45.759 48.047 50.449
Panama Gross domestic product, constant prices Percent change

3.040 -17.949 11.951 5.000 5.000 5.000 5.000 5.000
Panama Gross domestic product, current prices National currency Billions

66.788 52.938 60.121 64.366 68.936 73.830 79.072 84.686
Panama Gross domestic product, current prices U.S. dollars Billions

66.788 52.938 60.121 64.366 68.936 73.830 79.072 84.686
Panama Gross domestic product, current prices Purchasing power parity; international dollars Billions

139.108 115.514 133.979 144.550 155.389 166.877 179.028 191.874
Panama Gross domestic product, deflator Index

155.202 149.929 152.096 155.081 158.183 161.346 164.573 167.865
Panama Gross domestic product per capita, constant prices National currency Units

10,200.222 8,252.587 9,113.349 9,442.731 9,787.037 10,147.165 10,523.769 10,917.444
Panama Gross domestic product per capita, constant prices Purchasing power parity; 2017 international dollar Units

31,637.967 25,596.998 28,266.819 29,288.459 30,356.394 31,473.398 32,641.511 33,862.568
Panama Gross domestic product per capita, current prices National currency Units

15,830.980 12,373.045 13,861.061 14,643.874 15,481.385 16,372.064 17,319.296 18,326.521
Panama Gross domestic product per capita, current prices U.S. dollars Units

15,830.980 12,373.045 13,861.061 14,643.874 15,481.385 16,372.064 17,319.296 18,326.521
Panama Gross domestic product per capita, current prices Purchasing power parity; international dollars Units

32,973.246 26,998.802 30,889.244 32,886.582 34,896.769 37,005.509 39,212.644 41,522.476
Panama Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent

0.103 0.088 0.093 0.093 0.094 0.096 0.097 0.099
Panama Implied PPP conversion rate National currency per current international dollar

0.480 0.458 0.449 0.445 0.444 0.442 0.442 0.441
Panama Total investment Percent of GDP

39.292 28.547 32.520 34.324 35.124 35.753 35.969 36.411
Panama Gross national savings Percent of GDP

34.302 30.876 28.831 30.871 31.856 32.719 33.150 33.764
Panama Inflation, average consumer prices Index

104.855 103.229 104.721 106.776 108.912 111.090 113.312 115.578
Panama Inflation, average consumer prices Percent change

-0.355 -1.550 1.445 1.962 2.000 2.000 2.000 2.000
Panama Inflation, end of period consumer prices Index

104.599 102.951 105.010 107.110 109.253 111.438 113.666 115.940
Panama Inflation, end of period consumer prices Percent change

-0.064 -1.575 2.000 2.000 2.000 2.000 2.000 2.000
Panama Volume of imports of goods and services Percent change

-8.091 -29.359 34.157 0.497 7.595 6.109 7.202 7.144
Panama Volume of Imports of goods Percent change

-9.888 -28.416 35.115 -0.421 7.527 5.624 7.530 7.278
Panama Volume of exports of goods and services Percent change

-0.299 -26.768 15.147 12.339 9.501 7.390 8.596 7.152
Panama Volume of exports of goods Percent change

-1.976 -15.336 11.156 8.085 7.455 6.709 11.292 8.803
Panama Unemployment rate Percent of total labor force

7.070 18.548 10.171 9.155 8.880 8.880 8.880 8.880
Panama Population Persons Millions

4.219 4.279 4.337 4.395 4.453 4.510 4.566 4.621
Panama General government revenue National currency Billions

12.383 9.808 11.396 13.547 14.664 15.911 17.113 18.214
Panama General government revenue Percent of GDP

18.541 18.527 18.955 21.047 21.272 21.551 21.642 21.508
Panama General government total expenditure National currency Billions

14.768 15.130 15.836 16.098 16.713 17.407 18.315 19.526
Panama General government total expenditure Percent of GDP

22.112 28.580 26.340 25.011 24.244 23.577 23.163 23.057
Panama General government net lending/borrowing National currency Billions

-2.385 -5.322 -4.440 -2.551 -2.049 -1.496 -1.203 -1.312
Panama General government net lending/borrowing Percent of GDP

-3.572 -10.053 -7.385 -3.964 -2.972 -2.026 -1.521 -1.549
Panama General government structural balance National currency Billions

-3.231 -3.708 -3.691 -1.965 -1.706 -1.444 -1.203 -1.312
Panama General government structural balance Percent of potential GDP

-5.193 -6.187 -5.995 -3.043 -2.478 -1.956 -1.521 -1.549
Panama General government primary net lending/borrowing National currency Billions

-1.280 -4.064 -2.960 -1.046 -0.526 0.080 0.450 0.410
Panama General government primary net lending/borrowing Percent of GDP

-1.917 -7.677 -4.924 -1.625 -0.763 0.109 0.569 0.484
Panama General government net debt National currency Billions

19.451 22.995 27.435 29.987 32.035 33.531 34.734 36.046
Panama General government net debt Percent of GDP

29.124 43.438 45.634 46.588 46.471 45.416 43.926 42.564
Panama General government gross debt National currency Billions

28.184 35.087 37.389 39.367 41.799 43.655 45.250 46.957
Panama General government gross debt Percent of GDP

42.200 66.280 62.190 61.161 60.634 59.128 57.226 55.448
Panama Gross domestic product corresponding to fiscal year, current prices National currency Billions

66.788 52.938 60.121 64.366 68.936 73.830 79.072 84.686
Panama Current account balance U.S. dollars Billions

-3.333 1.233 -2.218 -2.223 -2.252 -2.240 -2.229 -2.242
Panama Current account balance Percent of GDP

-4.990 2.329 -3.689 -3.453 -3.268 -3.035 -2.819 -2.648
Country Subject Descriptor Units Scale Country/Series-specific Notes 2019 2020 2021 2022 2023 2024 2025 2026 Estimates Start After
Panama Gross domestic product, constant prices National currency Billions Source: National Statistics Office Latest actual data: 2020 National accounts manual used: System of National Accounts (SNA) 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2007. The deflator in base year 2007 is not exactly 100 because of data splicing. In October 2015 the authorities published new national accounts with a base year of 2007. The new methodology uses chain-linked volume measures as opposed to constant prices. Data for years before 2007 currently do not exist for the re-based series. Chain-weighted: Yes, from 2007 Primary domestic currency: US dollar Data last updated: 09/2021 43.033 35.309 39.528 41.505 43.580 45.759 48.047 50.449 2020
Panama Gross domestic product, constant prices Percent change See notes for: Gross domestic product, constant prices (National currency). 3.040 -17.949 11.951 5.000 5.000 5.000 5.000 5.000 2020
Panama Gross domestic product, current prices National currency Billions Source: National Statistics Office Latest actual data: 2020 National accounts manual used: System of National Accounts (SNA) 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2007. The deflator in base year 2007 is not exactly 100 because of data splicing. In October 2015 the authorities published new national accounts with a base year of 2007. The new methodology uses chain-linked volume measures as opposed to constant prices. Data for years before 2007 currently do not exist for the re-based series. Chain-weighted: Yes, from 2007 Primary domestic currency: US dollar Data last updated: 09/2021 66.788 52.938 60.121 64.366 68.936 73.830 79.072 84.686 2020
Panama Gross domestic product, current prices U.S. dollars Billions See notes for: Gross domestic product, current prices (National currency). 66.788 52.938 60.121 64.366 68.936 73.830 79.072 84.686 2020
Panama Gross domestic product, current prices Purchasing power parity; international dollars Billions See notes for: Gross domestic product, current prices (National currency). 139.108 115.514 133.979 144.550 155.389 166.877 179.028 191.874 2020
Panama Gross domestic product, deflator Index See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency). 155.202 149.929 152.096 155.081 158.183 161.346 164.573 167.865 2020
Panama Gross domestic product per capita, constant prices National currency Units See notes for: Gross domestic product, constant prices (National currency) Population (Persons). 10,200.222 8,252.587 9,113.349 9,442.731 9,787.037 10,147.165 10,523.769 10,917.444 2020
Panama Gross domestic product per capita, constant prices Purchasing power parity; 2017 international dollar Units See notes for: Gross domestic product, constant prices (National currency) Population (Persons). 31,637.967 25,596.998 28,266.819 29,288.459 30,356.394 31,473.398 32,641.511 33,862.568 2020
Panama Gross domestic product per capita, current prices National currency Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 15,830.980 12,373.045 13,861.061 14,643.874 15,481.385 16,372.064 17,319.296 18,326.521 2020
Panama Gross domestic product per capita, current prices U.S. dollars Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 15,830.980 12,373.045 13,861.061 14,643.874 15,481.385 16,372.064 17,319.296 18,326.521 2020
Panama Gross domestic product per capita, current prices Purchasing power parity; international dollars Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 32,973.246 26,998.802 30,889.244 32,886.582 34,896.769 37,005.509 39,212.644 41,522.476 2020
Panama Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent See notes for: Gross domestic product, current prices (National currency). 0.103 0.088 0.093 0.093 0.094 0.096 0.097 0.099 2020
Panama Implied PPP conversion rate National currency per current international dollar See notes for: Gross domestic product, current prices (National currency). 0.480 0.458 0.449 0.445 0.444 0.442 0.442 0.441 2020
Panama Total investment Percent of GDP Source: National Statistics Office Latest actual data: 2020 National accounts manual used: System of National Accounts (SNA) 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2007. The deflator in base year 2007 is not exactly 100 because of data splicing. In October 2015 the authorities published new national accounts with a base year of 2007. The new methodology uses chain-linked volume measures as opposed to constant prices. Data for years before 2007 currently do not exist for the re-based series. Chain-weighted: Yes, from 2007 Primary domestic currency: US dollar Data last updated: 09/2021 39.292 28.547 32.520 34.324 35.124 35.753 35.969 36.411 2020
Panama Gross national savings Percent of GDP Source: National Statistics Office Latest actual data: 2020 National accounts manual used: System of National Accounts (SNA) 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2007. The deflator in base year 2007 is not exactly 100 because of data splicing. In October 2015 the authorities published new national accounts with a base year of 2007. The new methodology uses chain-linked volume measures as opposed to constant prices. Data for years before 2007 currently do not exist for the re-based series. Chain-weighted: Yes, from 2007 Primary domestic currency: US dollar Data last updated: 09/2021 34.302 30.876 28.831 30.871 31.856 32.719 33.150 33.764 2020
Panama Inflation, average consumer prices Index Source: National Statistics Office Latest actual data: 2020 Harmonized prices: No Frequency of source data: Monthly Base year: 2013 Primary domestic currency: US dollar Data last updated: 09/2021 104.855 103.229 104.721 106.776 108.912 111.090 113.312 115.578 2020
Panama Inflation, average consumer prices Percent change See notes for: Inflation, average consumer prices (Index). -0.355 -1.550 1.445 1.962 2.000 2.000 2.000 2.000 2020
Panama Inflation, end of period consumer prices Index Source: National Statistics Office Latest actual data: 2020 Harmonized prices: No Frequency of source data: Monthly Base year: 2013 Primary domestic currency: US dollar Data last updated: 09/2021 104.599 102.951 105.010 107.110 109.253 111.438 113.666 115.940 2020
Panama Inflation, end of period consumer prices Percent change See notes for: Inflation, end of period consumer prices (Index). -0.064 -1.575 2.000 2.000 2.000 2.000 2.000 2.000 2020
Panama Volume of imports of goods and services Percent change Source: National Statistics Office Latest actual data: 2020 Base year: 1996 Methodology used to derive volumes: Deflation by unit value indexes (from customs data) Formula used to derive volumes: Laspeyres-type Chain-weighted: No Trade System: General trade Oil coverage: Secondary or refined products; Valuation of exports: Free on board (FOB) Valuation of imports: National Statistical Office reports that Imports are FOB, except for those of the Colon Free Zone (which are CIF) Primary domestic currency: US dollar Data last updated: 09/2021 -8.091 -29.359 34.157 0.497 7.595 6.109 7.202 7.144 2020
Panama Volume of Imports of goods Percent change Source: National Statistics Office Latest actual data: 2020 Base year: 1996 Methodology used to derive volumes: Deflation by unit value indexes (from customs data) Formula used to derive volumes: Laspeyres-type Chain-weighted: No Trade System: General trade Oil coverage: Secondary or refined products; Valuation of exports: Free on board (FOB) Valuation of imports: National Statistical Office reports that Imports are FOB, except for those of the Colon Free Zone (which are CIF) Primary domestic currency: US dollar Data last updated: 09/2021 -9.888 -28.416 35.115 -0.421 7.527 5.624 7.530 7.278 2020
Panama Volume of exports of goods and services Percent change Source: National Statistics Office Latest actual data: 2020 Base year: 1996 Methodology used to derive volumes: Deflation by unit value indexes (from customs data) Formula used to derive volumes: Laspeyres-type Chain-weighted: No Trade System: General trade Oil coverage: Secondary or refined products; Valuation of exports: Free on board (FOB) Valuation of imports: National Statistical Office reports that Imports are FOB, except for those of the Colon Free Zone (which are CIF) Primary domestic currency: US dollar Data last updated: 09/2021 -0.299 -26.768 15.147 12.339 9.501 7.390 8.596 7.152 2020
Panama Volume of exports of goods Percent change Source: National Statistics Office Latest actual data: 2020 Base year: 1996 Methodology used to derive volumes: Deflation by unit value indexes (from customs data) Formula used to derive volumes: Laspeyres-type Chain-weighted: No Trade System: General trade Oil coverage: Secondary or refined products; Valuation of exports: Free on board (FOB) Valuation of imports: National Statistical Office reports that Imports are FOB, except for those of the Colon Free Zone (which are CIF) Primary domestic currency: US dollar Data last updated: 09/2021 -1.976 -15.336 11.156 8.085 7.455 6.709 11.292 8.803 2020
Panama Unemployment rate Percent of total labor force Source: National Statistics Office Latest actual data: 2020 Employment type: National definition Primary domestic currency: US dollar Data last updated: 09/2021 7.070 18.548 10.171 9.155 8.880 8.880 8.880 8.880 2020
Panama Population Persons Millions Source: National Statistics Office Latest actual data: 2020 Primary domestic currency: US dollar Data last updated: 09/2021 4.219 4.279 4.337 4.395 4.453 4.510 4.566 4.621 2020
Panama General government revenue National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2020 Notes: Net debt is calculated as the difference between gross debt of the NFPS and assets of Panama's Sovereign Wealth Fund. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Cash General government includes: Central Government; State Government; Local Government; Social Security Funds; Nonfinancial Public Corporation; Valuation of public debt: Nominal value Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net public debt follows the national definition of net debt, so it is defined as gross debt minus the assets of Panama's sovereign wealth fund (Fondo de Ahorro de Panama). Primary domestic currency: US dollar Data last updated: 09/2021 12.383 9.808 11.396 13.547 14.664 15.911 17.113 18.214 2020
Panama General government revenue Percent of GDP See notes for: General government revenue (National currency). 18.541 18.527 18.955 21.047 21.272 21.551 21.642 21.508 2020
Panama General government total expenditure National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2020 Notes: Net debt is calculated as the difference between gross debt of the NFPS and assets of Panama's Sovereign Wealth Fund. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Cash General government includes: Central Government; State Government; Local Government; Social Security Funds; Nonfinancial Public Corporation; Valuation of public debt: Nominal value Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net public debt follows the national definition of net debt, so it is defined as gross debt minus the assets of Panama's sovereign wealth fund (Fondo de Ahorro de Panama). Primary domestic currency: US dollar Data last updated: 09/2021 14.768 15.130 15.836 16.098 16.713 17.407 18.315 19.526 2020
Panama General government total expenditure Percent of GDP See notes for: General government total expenditure (National currency). 22.112 28.580 26.340 25.011 24.244 23.577 23.163 23.057 2020
Panama General government net lending/borrowing National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2020 Notes: Net debt is calculated as the difference between gross debt of the NFPS and assets of Panama's Sovereign Wealth Fund. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Cash General government includes: Central Government; State Government; Local Government; Social Security Funds; Nonfinancial Public Corporation; Valuation of public debt: Nominal value Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net public debt follows the national definition of net debt, so it is defined as gross debt minus the assets of Panama's sovereign wealth fund (Fondo de Ahorro de Panama). Primary domestic currency: US dollar Data last updated: 09/2021 -2.385 -5.322 -4.440 -2.551 -2.049 -1.496 -1.203 -1.312 2020
Panama General government net lending/borrowing Percent of GDP See notes for: General government net lending/borrowing (National currency). -3.572 -10.053 -7.385 -3.964 -2.972 -2.026 -1.521 -1.549 2020
Panama General government structural balance National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2020 Notes: Net debt is calculated as the difference between gross debt of the NFPS and assets of Panama's Sovereign Wealth Fund. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Cash General government includes: Central Government; State Government; Local Government; Social Security Funds; Nonfinancial Public Corporation; Valuation of public debt: Nominal value Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net public debt follows the national definition of net debt, so it is defined as gross debt minus the assets of Panama's sovereign wealth fund (Fondo de Ahorro de Panama). Primary domestic currency: US dollar Data last updated: 09/2021 -3.231 -3.708 -3.691 -1.965 -1.706 -1.444 -1.203 -1.312 2020
Panama General government structural balance Percent of potential GDP See notes for: General government structural balance (National currency). -5.193 -6.187 -5.995 -3.043 -2.478 -1.956 -1.521 -1.549 2020
Panama General government primary net lending/borrowing National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2020 Notes: Net debt is calculated as the difference between gross debt of the NFPS and assets of Panama's Sovereign Wealth Fund. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Cash General government includes: Central Government; State Government; Local Government; Social Security Funds; Nonfinancial Public Corporation; Valuation of public debt: Nominal value Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net public debt follows the national definition of net debt, so it is defined as gross debt minus the assets of Panama's sovereign wealth fund (Fondo de Ahorro de Panama). Primary domestic currency: US dollar Data last updated: 09/2021 -1.280 -4.064 -2.960 -1.046 -0.526 0.080 0.450 0.410 2020
Panama General government primary net lending/borrowing Percent of GDP See notes for: General government primary net lending/borrowing (National currency). -1.917 -7.677 -4.924 -1.625 -0.763 0.109 0.569 0.484 2020
Panama General government net debt National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2020 Notes: Net debt is calculated as the difference between gross debt of the NFPS and assets of Panama's Sovereign Wealth Fund. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Cash General government includes: Central Government; State Government; Local Government; Social Security Funds; Nonfinancial Public Corporation; Valuation of public debt: Nominal value Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net public debt follows the national definition of net debt, so it is defined as gross debt minus the assets of Panama's sovereign wealth fund (Fondo de Ahorro de Panama). Primary domestic currency: US dollar Data last updated: 09/2021 19.451 22.995 27.435 29.987 32.035 33.531 34.734 36.046 2020
Panama General government net debt Percent of GDP See notes for: General government net debt (National currency). 29.124 43.438 45.634 46.588 46.471 45.416 43.926 42.564 2020
Panama General government gross debt National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2020 Notes: Net debt is calculated as the difference between gross debt of the NFPS and assets of Panama's Sovereign Wealth Fund. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Cash General government includes: Central Government; State Government; Local Government; Social Security Funds; Nonfinancial Public Corporation; Valuation of public debt: Nominal value Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net public debt follows the national definition of net debt, so it is defined as gross debt minus the assets of Panama's sovereign wealth fund (Fondo de Ahorro de Panama). Primary domestic currency: US dollar Data last updated: 09/2021 28.184 35.087 37.389 39.367 41.799 43.655 45.250 46.957 2020
Panama General government gross debt Percent of GDP See notes for: General government gross debt (National currency). 42.200 66.280 62.190 61.161 60.634 59.128 57.226 55.448 2020
Panama Gross domestic product corresponding to fiscal year, current prices National currency Billions Source: Ministry of Finance or Treasury Latest actual data: 2020 Notes: Net debt is calculated as the difference between gross debt of the NFPS and assets of Panama's Sovereign Wealth Fund. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Cash General government includes: Central Government; State Government; Local Government; Social Security Funds; Nonfinancial Public Corporation; Valuation of public debt: Nominal value Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net public debt follows the national definition of net debt, so it is defined as gross debt minus the assets of Panama's sovereign wealth fund (Fondo de Ahorro de Panama). Primary domestic currency: US dollar Data last updated: 09/2021 66.788 52.938 60.121 64.366 68.936 73.830 79.072 84.686 2020
Panama Current account balance U.S. dollars Billions Source: National Statistics Office Latest actual data: 2020 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6). IMF Staff reports identify public sector flows in the financial account Primary domestic currency: US dollar Data last updated: 09/2021 -3.333 1.233 -2.218 -2.223 -2.252 -2.240 -2.229 -2.242 2020
Panama Current account balance Percent of GDP See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars). -4.990 2.329 -3.689 -3.453 -3.268 -3.035 -2.819 -2.648 2020
International Monetary Fund, World Economic Outlook Database October 2021
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