On December 1, 2023, the Executive Board of the International Monetary Fund concluded the Financial Sector Assessment Program (FSAP) with Panama, without convening formal discussion. The FSAP, established in 1999, is a comprehensive and in-depth assessment of a country’s financial sector.
The key findings of an FSAP are summarized in a report called the Financial System Stability Assessment (FSSA). The authorities have not consented to the publication of the FSSA.
The last Article IV Consultation was concluded by the Executive Board of the IMF on February 22, 2023. Listed below are items related to Panama.
At a Glance
- 2024 Projected Real GDP (% Change) : 2.5
- 2024 Projected Consumer Prices (% Change): 1.7
- Country Population: 4.510 million
- Date of Membership: March 14, 1946
- Article IV/Country Report: March 24, 2023
- Outstanding Purchases and Loans (SDR): 235.5 million (March 31, 2024)
- Special Drawing Rights (SDR): 397.58 million
- Quota (SDR): 376.8 million
- Number of Arrangements since membership: 22