Panamanian Economy to Grow 8%-9% in 2011

President Martinelli remarked that Panama will be the most dynamic Latin American economy in 2011, growing between 8% and 9%.

Monday, January 3, 2011


While presenting a state of the nation report to Congress, he noted that the country’s growth projections are higher than those of Chile and Peru.

Martinelli explained that this performance will be achieved on the back of $13 billion in state investment (excluding the Canal), creating 34.000 jobs in three years.

More on this topic

Panama's growth to be between 7% and 8%

July 2008

The consulting firms Indesa and Deloitte estimate that Panama's economy will grow by seven to eight percent this year.

This is slower than the 11.2 percent growth in 2007, with a pattern similar to that of the period 2004-2006.
Some international firms, like the Economist Intelligence Unit, are forecasting even higher growth and are predicting that Panama will again be the fastest-growing economy in Latin America this year.

Nicaraguan Economy Grows by 5%

July 2011

Government authorities have announced that in the first quarter of 2011 there was growth of 5.3% compared to the same period in 2010.

The rise according to a report by the Council of Communication and Citizenship is a result of growth in private and public investment and the value of exports (14.6%).

Panama's Economy Growing at Double-Digits

September 2011

During the second quarter of 2011, Panama's economic growth was 11.4%, reaching 10.3% during the first six months of the year.

A statement from the Panamanian Ministry of Economy and Finance reads:

Panama's economic growth for the second quarter of 2011 was 11.4% and in the first half was 10.3%, as reported by the minister of Economy and Finance, Frank De Lima, citing figures from the Controller General of the Republic.

Panamá As Seen by the IMF in March 2013

April 2013

Panama’s economy continues to grow strongly, buoyed by the Panama Canal expansion and large public infrastructure projects.

With average annual growth rates of 8.5 percent, Panama’s per capita GDP has more than doubled over the past decade. This impressive growth performance has been driven by a steady rise in public and private investment in a stable economic environment buttressed by prudent policies.

 close (x)

Receive more news about Economic outlook

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Ecoanálisis S.A.

Organization that operates in Costa Rica.
Phone: (506) 2291-7600

Company Profile

Stock Indexes

(Oct 25)
Dow Jones
S&P 500


(Oct 25)
Brent Crude Oil
Coffee "C"