Country information

Panama

Area

75.517 km²

Capital

Panama City

Government

Laurentino Cortizo Cohen

Population

4,16 million

Contact

Tonatiuh Velázquez

Regional Manager for Mexico and Central America

t.velazquez@lateinamerikaverein.de

+49 (0)40 413 43 142

Economic data Panama

Basic data 2020 2021 2022
GDP growth in % -17,9 15,3 9,5 (sep)
Export in bn. US$ 21,38 32,48 24,65 (ago)
Import in bn. US$ 17,33 24,627 24,67 (ago)
Interest rate in % 2,1 4,7 4,4
Inflation rate in % -1,6 1,63 2,9
HDI (Human Development Index) 0,801 0,805  

Foreign Trade

Import products: Passenger and Cargo Ships, Refined Petroleum, Crude Petroleum
Import partner: China, USA, Japan

Export products: Refined Petroleum, Copper Ore
Export partner: Ecuador, Guatemala

Notes

Update: 13.02.2023
Sources: UNDP, Worldbank, CEPAL, OEC, INEC

Country Information