Panama recorded a Current Account deficit of 748 PAB Million in the second quarter of 2018. Current Account in Panama averaged -699.64 PAB Million from 2003 until 2018, reaching an all time high of 247 PAB Million in the fourth quarter of 2009 and a record low of -1670.50 PAB Million in the third quarter of 2015.

Current Account in Panama is expected to be -1000.00 PAB Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Panama to stand at -800.00 in 12 months time. In the long-term, the Panama Current Account is projected to trend around -700.00 PAB Million in 2020, according to our econometric models.

Panama Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-04 11:50 PM Current Account PAB -1,552.6M PAB -960.7M PAB -630M
2018-03-15 04:05 PM Current Account PAB -972.4M PAB -1135.3M PAB -973.4M
2018-06-20 10:00 PM Current Account PAB -547.4M PAB -972.4M PAB -877.8M
2018-09-17 11:00 PM Current Account PAB -748.0M PAB -1077.6M PAB -390M
2018-12-17 06:00 PM Current Account PAB -748.0M PAB -1000M
2019-01-04 11:50 PM Current Account
2019-03-15 04:05 PM Current Account PAB -900M


Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -952396.00 -1038700.00 -164179.00 -1274300.00 PAB Thousand [+]
Exports 43588.00 59040.59 181465.14 43588.00 PAB Thousand [+]
Imports 995984.00 1097741.00 1349156.80 226561.00 PAB Thousand [+]
Current Account -748.00 -1077.60 247.00 -1670.50 PAB Million [+]
Current Account to GDP -6.10 -5.50 14.81 -13.10 percent [+]
Capital Flows -1562.00 -956.60 2195.90 -2342.50 PAB Million [+]
Remittances 443.70 426.10 652.00 220.00 USD Million [+]
Terrorism Index 0.15 0.00 0.66 0.00 [+]
Foreign Direct Investment 1365.90 954.90 1685.10 -306.70 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Panama Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Panama Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Current Account - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-748.00 -1077.60 247.00 -1670.50 2003 - 2018 PAB Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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