Leading Economic Index Panama decreased 40.90 percent in May of 2020 over the same month in the previous year.

Leading Economic Index in Panama averaged 5.48 percent from 2007 until 2020, reaching an all time high of 15.69 percent in April of 2008 and a record low of -40.90 percent in May of 2020. This page provides the latest reported value for - Panama Economic Activity Index YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Panama Economic Activity Index YoY Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: INEC, Panama

Leading Economic Index in Panama is expected to be -5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Panama to stand at 18.00 in 12 months time. In the long-term, the Panama Economic Activity Index YoY Change is projected to trend around 5.40 percent in 2021 and 5.60 percent in 2022, according to our econometric models.

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Panama Economic Activity Index YoY Change

Actual Previous Highest Lowest Dates Unit Frequency
-40.90 -34.65 15.69 -40.90 2007 - 2020 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2020-06-12 11:00 PM Feb 1.68% 2.68% 4.4%
2020-06-12 11:00 PM Mar 1.42% 1.68% -2%
2020-07-08 02:30 PM Apr -34.65% 0.58% -4%
2020-08-06 05:00 PM May -40.9% -34.65% -28%
2020-11-20 11:15 PM Sep -5%
2020-12-21 08:00 PM Oct


News Stream
Panama Economic Activity Loses Steam
The economy of Panama advanced 1.42 percent year-on-year in March 2020 following a 1.68 percent expansion in the previous month, reaching a 22-month low. Growth was mainly boosted by transport & communications, mainly due to operations in Panama Canal;agriculture, mainly nudged by banana exports, and utilities driven by thermal energy and natural gas. For the whole 2019, the economy expanded 3.23 percent.
2020-06-12
Panama Economic Activity Grows Further
The economy of Panama advanced 2.68 percent year-on-year in January 2020 following a 2.53 percent expansion in the previous month. Growth was mainly boosted by wholesale & retail trade; transport & communications, mainly due to operations in Panama Canal;agriculture, mainly nudged by banana exports, and utilities driven by thermal energy and natural gas. For the whole 2019, the economy expanded 3.23 percent.
2020-03-20
Panama Economic Activity Expands 3.6% YoY
The economy of Panama advanced 3.61 percent year-on-year in November 2019, following a 3.39 percent expansion in the previous month. Growth was mainly boosted by wholesale & retail trade; transport & communications, mainly due to operations in Panama Canal; public administration & financial intermediation; agriculture; utilities driven by thermal energy and natural gas; mining; and domestic services.
2020-01-21
Panama Economic Activity Climbs 3.4% YoY in October
The IMAE economic activity index of Panama advanced 3.39 percent year-on-year in October 2019, following a 3.98 percent expansion in the previous month. Growth was nudged by trade; transport, storage & communications; financial services; public administration; primary activity; construction; utilities; mining and domestic services. Considering the first ten months of the year, economic activity advanced 3.27 percent compared to the same period 2018.
2019-12-20

Panama Economic Activity Index YoY Change
In Panama, the Monthly Economic Activity Index - IMAE - estimates the activity of the different economic sectors in a given month, anticipating future movements in GDP. It aggregates the 14 different sectors included in the GDP calculation: agriculture, livestock, hunting and forestry; fishing; mining and quarrying; manufacturing; electricity and water supply; construction; wholesale and retail trade; hotels and restaurants; transport, storage, and communications; financial services; real estate; education; health and social services and public administration. The index has a base value of 100 as of 1996. .