Panama is a small and open economy in which investment is normally well in excess of savings. In 2014 the current account deficit amounted to some $5.3bn, or 12% of GDP, according to the IMF.
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Articles & Analysis | Despite fiscal slippage Panama is on a firm footing from The Report: Panama 2015
Articles & Analysis | Despite Panama's current account deficit, the economy seeing solid expansion from The Report: Panama 2015
Diversified across various sectors, over recent years Panama’s economy has been notable for its resilience in face of problems in key trading partners such as Venezuela and comparatively rapid growth in a regional context. In 2014 Panama’s GDP was $43.8bn, while its per capita income reached $11,147, according to the IMF. Panama’s real GDP expanded by 7.8% annually over...
Interviews & Viewpoints | Melitón Arrocha, Minister of Commerce and Industry: Interview from The Report: Panama 2015
Articles & Analysis | Panama is at a crossroads of history and culture from The Report: Panama 2015
For millions of years the Isthmus of Panama has been the bridge adjoining the Americas, shaping the development of life on the continent. Its importance has been magnified in recent centuries, as it is also the shortest land route for maritime goods crossing from the Atlantic to the Pacific and vice-versa. As a result, the isthmus has played a vital role in enabling the...
Interviews & Viewpoints | Isabel de Saint Malo de Alvarado, Vice-President and Minister of Foreign Affairs: Interview from The Report: Panama 2015
How can Panama manage public resources to contribute to its long-term national development goals?