The skyline in Panama City, Panama

Panama Economic Activity November 2018

Panama: Economic activity picks up in November

The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) rose from 3.0% in October to 3.5% in November.

According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity from January to November was largely due to growth in the sectors of transportation, warehousing and communications (which includes activity in the Panama Canal); water and electricity supply; and commerce—notably in the Colón Free Trade Zone. On the other hand, activity in manufacturing; agriculture; fishing; and recreation and culture shrank in the period.

On a month-on-month, seasonally-adjusted basis, growth in economic activity inched up from 0.5% in October to 0.6% in November. Meanwhile, average annual growth in economic activity inched down from 3.3% in October to 3.2% in November.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest