Panama Economic Activity

Panama

Panama: Economic activity decelerates in February

May 11, 2012

In February, the economy expanded 8.8% over the same month last year, which was below the revised 9.7% increase recorded in January (previously reported: +7.7% year-on-year), according to the monthly indicator for economic activity (IMAE,


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Panama Economic Activity Chart


Panama Economic Activity April 2012

Note: Year-on-year changes and annual average variation of economic activity in %.
Source: National Comptroller


Panama Economic News

  • Panama: Economic activity continues to gain steam in September

    November 16, 2018

    The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) accelerated from 3.4% in August to 3.4% in September, its best showing since last April. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity from January to September came on the back of growth in the sectors of fishing; transportation, warehousing and communications (which includes activity in the Panama Canal); water and electricity supply; and commerce.

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    Consumer prices increased 0.1% month-on-month in October, contrasting September’s flat reading.

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  • Panama: Economic activity picks up markedly in August

    October 17, 2018

    The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) accelerated from 2.0% in July to 3.4% in August, its best showing since last April. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity from January to August came on the back of growth in the sectors of fishing; transportation, warehousing and communications (which includes activity in the Panama Canal); water and electricity supply; public administration; commerce; and financial intermediation.

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    Consumer prices were flat month-on-month in September, following the 0.1% month-on-month increase logged in August.

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  • Panama: Growth continues slowing to near decade-low in Q2, weighed on by construction strikes

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    According to data released by the National Comptroller’s Office (Contraloría General de la República), the economy continued to lose steam in the second quarter of 2018.

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