Panama recorded a Current Account surplus of 449.99 PAB Million in the fourth quarter of 2020. source: Instituto Nacional de Estadística y Censo - Panamá

Current Account in Panama averaged -657.92 PAB Million from 2003 until 2020, reaching an all time high of 988.73 PAB Million in the third quarter of 2020 and a record low of -1670.40 PAB Million in the third quarter of 2015. This page provides - Panama Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Current Account in Panama is expected to be -350.00 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 -450.00 in 12 months time. In the long-term, the Panama Current Account is projected to trend around -630.00 PAB Million in 2022, according to our econometric models.

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Panama Current Account

Actual Previous Highest Lowest Dates Unit Frequency
449.99 988.73 988.73 -1670.40 2003 - 2020 PAB Million Quarterly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2020-03-06 04:30 PM Q4 PAB -351M PAB -885M PAB -1320M
2020-08-03 11:00 PM Q1 PAB -26.4M PAB -351M PAB -400M
2020-12-10 03:00 PM Q2 PAB -2.2M PAB -26.4M PAB -50M
2021-05-07 03:20 PM Q4 PAB 450M PAB 17.8M PAB 40M
2021-08-06 09:00 PM Q1 PAB 450M PAB 60M
2021-11-17 11:00 PM Q2
2021-12-16 06:00 PM Q3

Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -918716.54 -827724.13 -164179.00 -1274303.28 PAB Thousand [+]
Current Account 449.99 988.73 988.73 -1670.40 PAB Million [+]
Current Account to GDP -4.70 -8.20 14.81 -13.40 percent of GDP [+]
Imports 987069.90 887233.90 1349156.80 226561.00 PAB Thousand [+]
Exports 68353.35 59509.80 181465.14 40502.29 PAB Thousand [+]
Capital Flows 176.55 1481.36 2195.90 -2441.10 PAB Million [+]
Remittances 107261.30 93216.10 200000.00 49352.00 PAB Thousand [+]
Terrorism Index 0.02 0.04 0.66 0.00 [+]
Foreign Direct Investment 461.80 385.70 2040.90 -306.70 USD Million [+]

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).