The economy of Panama advanced 2.96 percent year-on-year in October of 2018, slower than a 3.82 percent rise in the prior month. Considering the January to October period of 2018, the economy advanced 3.14 percent (vs 3.17 percent through September), mainly driven by growth in transport (mainly in Panama Canal), storage and communications, electricity and water (mainly renewable energy: hydraulic, wind and solar), and commerce (Zona Libre de Colon). On the other hand, entertainment and fun, construction, mining and fishing registered declines. Leading Economic Index in Panama averaged 6.39 percent from 2007 until 2018, reaching an all time high of 15.69 percent in April of 2008 and a record low of -2.26 percent in August of 2009.

Leading Economic Index in Panama is expected to be 4.40 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 5.20 in 12 months time. In the long-term, the Panama Economic Activity Index YoY Change is projected to trend around 5.30 percent in 2020, according to our econometric models.

Panama Economic Activity Index YoY Change
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-17 11:00 PM IMAE Economic Activity YoY 1.98% 2.83% 1.7%
2018-10-17 03:40 PM IMAE Economic Activity YoY 3.37% 1.98% 3.2%
2018-11-16 11:00 PM IMAE Economic Activity YoY 3.82% 3.37% 4.0%
2018-12-17 10:00 PM IMAE Economic Activity YoY 2.96% 3.82% 3.8%
2019-01-25 09:00 PM IMAE Economic Activity YoY 2.96%
2019-02-20 08:00 PM IMAE Economic Activity YoY 4.4%
2019-03-19 08:00 PM IMAE Economic Activity YoY


Panama Business Last Previous Highest Lowest Unit
Industrial Production 0.30 1.10 6.40 -5.10 percent [+]
Leading Economic Index 2.96 3.82 15.69 -2.26 percent [+]
Internet Speed 5900.46 5672.43 5900.46 610.73 KBps [+]
IP Addresses 463691.00 439307.00 530598.00 155502.00 IP [+]
Ease of Doing Business 79.00 79.00 83.00 55.00 [+]
Car Registrations 1628.00 1380.00 4236.00 692.00 Units [+]
Competitiveness Index 61.03 61.64 61.64 4.12 Points [+]
Competitiveness Rank 64.00 55.00 64.00 40.00 [+]
Corruption Index 37.00 38.00 39.00 30.00 Points [+]
Corruption Rank 96.00 87.00 102.00 51.00 [+]


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. . 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.96 3.82 15.69 -2.26 2007 - 2018 percent Monthly
2013=100




Country Last Previous
Argentina -4.20 Nov/18
Australia -0.10 Nov/18
Brazil 0.02 Oct/18
Canada 0.30 Oct/18
Japan 99.30 Nov/18
Mexico 2.90 Oct/18
Russia 1.80 Nov/18
Singapore 112.00 Sep/18
South Africa -0.20 Sep/18
South Korea 113.50 Nov/18
Turkey -0.29 Nov/18
United Kingdom 0.30 Nov/18
United States 124.80 Nov/18


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