Panama’s current account deficit widened to PAB 292.6 million in the first quarter of 2022 from PAB 153.8 million in the same period of the previous year. source: Instituto Nacional de Estadística y Censo - Panamá

Current Account in Panama averaged -639.11 PAB Million from 2003 until 2022, reaching an all time high of 584.98 PAB Million in the fourth quarter of 2020 and a record low of -1670.40 PAB Million in the third quarter of 2015. 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 November of 2022.

Current Account in Panama is expected to be -530.00 PAB Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Current Account is projected to trend around -650.00 PAB Million in 2023 and -700.00 PAB Million in 2024, according to our econometric models.

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Panama Current Account

Calendar GMT Actual Previous Consensus TEForecast
2022-06-14 05:30 PM Q4 PAB-651M PAB-521M PAB -700M
2022-09-21 09:00 PM Q1 PAB-292.6M PAB-651M PAB -300M
2022-12-23 09:00 PM Q2 PAB-292.6M PAB -500M

Related Last Previous Unit Reference
Balance of Trade -1212770.31 -1396284.83 PAB Thousand Sep 2022
Current Account -292.56 -650.77 PAB Million Mar 2022
Imports 1287807.80 1482134.50 PAB Thousand Sep 2022
Exports 75037.48 85849.69 PAB Thousand Sep 2022
Capital Flows -2618.70 -682.00 PAB Million Mar 2022
Remittances 114059.80 135228.20 PAB Thousand Mar 2022
Foreign Direct Investment 716.08 697.31 USD Million Mar 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
-292.56 -650.77 584.98 -1670.40 2003 - 2022 PAB Million Quarterly
Current Prices, NSA