Imports$22.95 billion (2011 est.)
Exports$16.95 billion (2011 est.)
Inflation rate (consumer prices)5.9% (2011 est.)
Unemployment rate4.5% (2011 est.)
GDP - per capita (PPP)$14,300 (2011 est.)
National product real growth rate7.5% (2010 est.)
Internet users959,800 (2009)
Telephones - mobile cellular6.496 million (2009)
Population growth rate1.41% (2012 est.)
Population3,510,045 (July 2012 est.)
About this country
Popular search for Panama
Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia.
When the latter dissolved in 1830, Panama remained part of Colombia.
With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone)....
Panama's dollar-based economy rests primarily on a well-developed services sector that accounts for three-quarters of GDP.
Services include operating the Panama Canal, logistics, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism.
Economic growth will be bolstered by the Panama Canal expansion project that began in 2007 and is scheduled to be completed by 2014 at a cost of $5....
The Economist Intelligence Unit
Only five countries in the region (Costa Rica, Colombia, the Dominican Republic, Chile and Mexico) will boost their business environment rankings in 2013-17; the ranking for Brazil remains unchanged, ...
Dun and Bradstreet (Altares)
Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country's overall political, ...
Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...
This report contains detailed forecasts and analysis for Panama, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
Panama's economic prospects remain optimistic. GDP growth averaged 8% in the first three quarters of 2013 and we expect the economy to have grown by 7.8% in the year as a whole, a little below 10%+ in ...
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