In April, the economy expanded 6.8% over the same month last year (March: +6.7% year-on-year), according to the monthly indicator of economic activity (IMAE, indice Mensual de Actividad Economica). According to the National Comptroller's Office (Contraloria General de la Republica), resilient expansion mainly reflected better performance of the transportation, trade and construction sectors. On a monthly basis, economic activity rose 0.76% over the previous month in seasonally adjusted terms, below March's 0.86% month-on-month increase. Annual average growth in economic activity was unchanged at 6.7% in April. That said, growth should remain strong going forward, fuelled by ongoing investment in a project that aims to double the capacity of the Panama Canal by 2014.
Panama Economic Activity
Economic activity remains resilient in April
June 24, 2011
Looking for forecasts related to Economic Activity in Panama? Download a sample report now.
Panama Economic News
October 13, 2016
Consumer prices in a month-on-month comparison increased 0.2% in September after a flat reading in August.
September 27, 2016
In July, the monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) decelerated from 4.1% in June to a seven-month low of 3.0% in July.
September 16, 2016
The Panamanian economy gained traction in the second quarter of the year.
September 13, 2016
In August, consumer prices were flat, down from July’s 0.10% print.
August 25, 2016
In June, the monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) decelerated from May’s over-one-year high of 5.2% to 4.1%.