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 2023 2024 2025
GDP growth in % 7,4 2,9 4,4
Export in billion US$ 3,36 1,15 1,6
Import in billion US$ 14,52 13,98 14,15
Key interest rate in % - - -
Inflation rate in % 1,7 0,7 -0,2
HDI (Human Development Index) 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: 18.08.2026
Sources: UNDP, Worldbank, CEPAL, OEC, INEC, Statista, Trading Economics