Economic Activity Recovers

After May, economic activity in Panama recorded a slight year-on-year increase of 1.4%, in June it reported an increase of almost 3% compared to the same month in 2017.

Wednesday, August 29, 2018

From a statement issued by the General Comptroller of the Republic:

The Monthly Index of Economic Activity (IMAE) in the Republic, for January-June 2018, grew by 3.21%, compared to the same period in 2017. The interannual monthly variation in June 2018 was 2.86%, compared to the same month in the previous year.

In the period of January-June, the main categories of economic activity that showed favorable behavior were: transport, storage and communications, electricity and water, financial intermediation, fisheries, public administration and trade. 

Transportation and communications services performed well, mainly because of the Panama Canal, international passenger transport by air, and telecommunications. The supply of electricity and water remained positive due to the greater generation of renewable energy, from hydroelectric, wind and solar sources.

See full report (in Spanish).

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Economic Activity Slows Down

September 2018

After economic activity in Panama registered an interannual increase of 3% in June, in July an increase of almost 2% was reported with respect to the same month in 2017.

From a statement issued by the General Comptroller of the Republic:

Panama: Economic Activity Slows Down

July 2018

After registering average increases of almost 4% in the first four months of the year, during May the IMAE reported a weak increase of 0.76% compared to the same month in 2017.

From a statement issued by the General Comptroller of the Republic:

Panama: Economic Activity Up 5%

June 2018

For the second consecutive month, Commerce and Transport were the sectors that contributed most to the year-on-year increase of 5% recorded in economic activity up to the month of April.

From a statement issued by the General Comptroller of the Republic:

Panama: Economic Situation Report - January 2015

March 2015

In the first month of the year, the economy grew by 5.8%, driven mainly by the sectors of fisheries, transport, storage and communications and construction.

From a report issued by the Comptroller General of the Republic:

The Monthly Economic Activity Index (IMAE) in the Republic, up to January 2015, measured in terms of the original series in 1996, saw prices grow by 5.8% compared to the same period in 2014.

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