Panama recorded a Current Account deficit of 2.20 percent of the country's Gross Domestic Product in 2021. source: World Bank

Current Account to GDP in Panama averaged -4.12 percent of GDP from 1980 until 2021, reaching an all time high of 14.81 percent of GDP in 1988 and a record low of -13.40 percent of GDP in 2014. This page provides - Panama Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Current Account to GDP - values, historical data and charts - was last updated on September of 2022.

Current Account to GDP in Panama is expected to reach -6.50 percent of GDP by the end of 2022, 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 -6.50 percent of GDP in 2023, according to our econometric models.

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Panama Current Account to GDP



Related Last Previous Unit Reference
Current Account to GDP -2.20 2.20 percent of GDP Dec 2021

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
-2.20 2.20 14.81 -13.40 1980 - 2021 percent of GDP Yearly