Panama recorded a Current Account deficit of 0.40 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Panama averaged -3.66 percent of GDP from 1980 until 2024, reaching an all time high of 13.30 percent of GDP in 1988 and a record low of -12.90 percent of GDP in 2014. source: World Bank

Current Account to GDP in Panama is expected to reach -1.60 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Current Account to GDP is projected to trend around -2.40 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -1221907.19 -972520.16 PAB Thousand Dec 2025
Capital Flows 1731.20 1584.00 PAB Million Sep 2025
Current Account -502.90 522.50 PAB Million Sep 2025
Current Account to GDP 1.90 -3.10 percent of GDP Dec 2024
Exports 74680.51 70409.64 PAB Thousand Dec 2025
Exports by Category
Exports by Country
External Debt to GDP 51.00 46.80 percent of GDP Dec 2024
Foreign Direct Investment 676.40 -887.10 USD Million Sep 2025
Imports 1296587.70 1042929.80 PAB Thousand Dec 2025
Imports by Category
Imports by Country
Remittances 138426.20 144373.20 PAB Thousand Sep 2025
Terrorism Index 0.00 0.00 Points Dec 2024


Panama Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
1.90 -3.10 13.30 -12.90 1980 - 2024 percent of GDP Yearly