Panama recorded a Current Account deficit of 350.70 PAB Million in the fourth quarter of 2019.

Current Account in Panama averaged -722.93 PAB Million from 2003 until 2019, reaching an all time high of 247 PAB Million in the fourth quarter of 2009 and a record low of -1706.86 PAB Million in the third quarter of 2018. This page provides - Panama Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Instituto Nacional de Estadística y Censo - Panamá

Current Account in Panama is expected to be -900.00 PAB Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Panama to stand at -950.00 in 12 months time. In the long-term, the Panama Current Account is projected to trend around -1200.00 PAB Million in 2021 and -1150.00 PAB Million in 2022, according to our econometric models.

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Panama Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-350.70 -885.10 247.00 -1706.86 2003 - 2019 PAB Million Quarterly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-07-03 02:30 PM Q1 PAB -1292M PAB -1042M PAB -1450M
2019-09-18 03:30 PM Q2 PAB -1713M PAB -1782M PAB -800M
2019-12-20 11:00 PM Q3 PAB 2223M PAB -1342M PAB -1800M
2020-03-06 04:30 PM Q4 PAB -351M PAB -885M PAB -1320M
2020-06-16 02:30 PM Q1 PAB -351M PAB -840M
2020-09-16 03:30 PM Q2 PAB -900M
2020-12-16 06:00 PM Q3 PAB -1560M

Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -696545.23 -861618.17 -164179.00 -1274303.00 PAB Thousand [+]
Current Account -350.70 -885.10 247.00 -1706.86 PAB Million [+]
Current Account to GDP -4.70 -8.20 14.81 -13.40 percent [+]
Imports 750772.70 913121.60 1349156.80 226561.00 PAB Thousand [+]
Exports 54227.44 51503.48 181465.14 40502.29 PAB Thousand [+]
Capital Flows -769.96 -1369.98 2195.90 -2441.10 PAB Million [+]
Remittances 127845.00 122285.00 200000.00 49352.00 PAB Thousand [+]
Terrorism Index 0.04 0.08 0.66 0.00 [+]
Foreign Direct Investment 949.90 1456.30 1685.10 -306.70 USD Million [+]


Panama Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).