Panama recorded a Current Account deficit of 1713.40 PAB Million in the second quarter of 2019. Current Account in Panama averaged -770.34 PAB Million from 2003 until 2019, reaching an all time high of 247 PAB Million in the fourth quarter of 2009 and a record low of -2059.40 PAB Million in the first quarter of 2018.

Current Account in Panama is expected to be -1470.00 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 -900.00 in 12 months time. In the long-term, the Panama Current Account is projected to trend around -1200.00 PAB Million in 2020, according to our econometric models.

Panama Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-01-07 12:00 AM Current Account Q3 PAB -1435M PAB -838M PAB -1000M
2019-03-15 02:00 PM Current Account Q4 PAB -1042M PAB -1586M PAB -1300M
2019-07-03 02:30 PM Current Account Q1 PAB -1292M PAB -1042M PAB -1450M
2019-09-18 03:30 PM Current Account Q2 PAB -1713M PAB -1782M PAB -800M
2019-12-17 06:00 PM Current Account Q3 PAB -1713M PAB -1470M


Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -1036956.95 -1104990.45 -164179.00 -1274300.00 PAB Thousand [+]
Current Account -1713.40 -1782.00 247.00 -2059.40 PAB Million [+]
Current Account to GDP -8.50 -7.90 14.81 -13.50 percent [+]
Imports 1114362.10 1161410.80 1349156.80 226561.00 PAB Thousand [+]
Exports 77405.13 56420.40 181465.14 40502.29 PAB Thousand [+]
Capital Flows -1495.40 -920.00 2195.90 -2441.10 PAB Million [+]
Remittances 443.70 426.10 652.00 220.00 USD Million [+]
Terrorism Index 0.08 0.15 0.66 0.00 [+]
Foreign Direct Investment 18.20 1648.30 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1713.40 -1782.00 247.00 -2059.40 2003 - 2019 PAB Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 17215.95 Mar/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


Related

Latest