What is the GDP of Panama?

Panama's GDP is approximately $86.5 billion USD. The GDP growth rate is 2.7%.

What is the population of Panama?

Panama has a population of approximately 4.5 million people. The population growth rate is 1.3%.

What is the inflation rate in Panama?

The inflation rate in Panama is 0.7%.

What is the unemployment rate in Panama?

The unemployment rate in Panama is 8.4%.

What is the GDP per capita of Panama?

Panama's GDP per capita is approximately $19,161 USD.

Is Panama a good country to invest in?

Panama has an investment score of 65/100, classified as "Moderate" risk. Key sectors include Logistics & Canal, Financial Services, Construction. Credit rating: NR.

How open is Panama's economy to trade?

Panama's trade openness (trade as % of GDP) is 84%. Exports total approximately $38.4B and imports $34B.

How much foreign investment does Panama attract?

Foreign direct investment (FDI) in Panama is 3.7% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Panama?

Panama's economy is composed of services (69% of GDP), industry (26% of GDP), and agriculture (3% of GDP).

Can I start a business in Panama as a foreigner?

Panama offers various options for foreign entrepreneurs. Visit our business setup guide for Panama for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Panama's economy growing?

Panama's GDP growth rate is 2.7%. The economy is growing at a moderate pace.

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Panama Economy Overview

Name: Panama Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Latin America & CaribbeanHigh IncomeCapital: Panama CityPAN

Moderate

Growing

86.5B USD

GDP (Nominal)

Growing at 2.7%

$19,161

GDP Per Capita

High income level

4.5M

Population

+1.3% annual growth

Stable

0.7%

Inflation

Price stability

84%of GDP

Trade Openness

Strong

3.7%of GDP

FDI Inflows

Public Debt

High

8.4%

Unemployment

Surplus

+$4.4B

Trade Balance

GDP

Billion USD, nominal

$86.5B

2024+2.7B

GDP Growth

Annual %

2.7%

2024-4.5%

Inflation

Consumer prices, annual %

0.7%

2024-0.8%

Population

Millions

4.5M

2024+0.1M

Economic Structure

Services69%

Industry26%

Agriculture3%

Investment Score Breakdown

Economic Health (30%)65

Political Safety (25%)58

Business Climate (20%)70

Financial Strength (15%)68

Growth Potential (10%)58

Key Sectors

Logistics & Canal

18% of GDP

stable

Financial Services

14% of GDP

stable

Construction

10% of GDP

growing

Tourism

8% of GDP

growing

Should I Invest in Panama?

BuySetup: ComplexROI: Moderate

Panama scores 65/100 on the NationsData Investment Index, rated "Moderate". Growth is healthy at 3.5%. Business setup takes approximately 38 days with a corporate tax rate of 25%.

Investment Score65/100

GDP Growth3.5%

Inflation2%

FDI/GDP5.5%

Public Debt55%

Political Stability0.3

Corporate Tax25%

Ease of Business#86

Strengths

+Favorable business climate with reasonable regulation
+Healthy GDP growth at 3.5%
+High FDI inflows (5.5% of GDP) - investors are actively entering
+Low inflation (2%) - stable pricing environment
+100% foreign ownership allowed - no local partner required

Risks

Also Consider

Uruguay

Same region, similar income level

Chile

Same region, similar income level

Barbados

Same region, similar income level

Costa Rica

Same region, similar income level

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