Country information

Panamá

Area

75.517 km²

Capital

Panama City

Government

Laurentino Cortizo Cohen

Population

4,16 million

Contact

Tonatiuh Velázquez

Regional Manager Mexico and Central America

t.velazquez@lateinamerikaverein.de

+49 (0)40 413 43 142

Economic data

Basic data 2022 2023 2024
GDP growth in % 10,8 7,4 2,9
Export in billion US$ 15,28 16,75 12,67
Import in billion US$ 29,25 34,28 26,61
Key interest rate in % 4,4 - -
Inflation rate in % 2,17 1,7 -
HDI (Human Development Index) 0,835 0,839 -

Foreign Trade

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

Export products: Metal Ores, Agricultural Products
Export partner: USA, Netherlands, India

Notes

Update: 27.05.2025
Sources: UNDP, Worldbank, CEPAL, OEC, INEC, Statista, Trading Economics