IMAE increases 9% in Panama
The IMAE for the Jan-Sept 2008 period increased by 9.2% compared to the same period in 2007.
Tuesday, November 25, 2008
This is thanks to the drive from sectors such as mining, construction, hotels and restaurants, transportation, storage and communication, real estate services, fishing, trade and other community, social and personal services, according to a quarterly report from the office of the Comptroller General of the Republic.
The sectors that grew during the first month of the year were fishing, construction, mining and quarrying, and the manufacturing industries.
In the first eight months, economic activity increased by 5.23% over the same period in 2009.
The most active sectors were: fishing, construction, mining and quarrying, community activities, electricity and water, transport, storage and communications, financial services, agriculture and manufacturing industries.
Led by the construction industry, Panama's Leading Economic Indicators showed a growth rate of 7.0 percent for the first quarter of 2008, down from 10.4 percent in the same period of 2007.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar