Panama

Official Name: The Republic of Panama
Sovereign Status: Sovereign Country
Government Type: Presidential Republic
Official Name (Local Language): Republica de Panama
ISO Country Codes: PA : PAN
Internet Domain: .pa
Government Web Site: https://www.presidencia.gob.pa/
Capital: Panama City Main Airports: Northwest Florida Beaches International Airport
Language(s): Spanish Population: 3,928,646
Currency: Panamanian Balboa ISO Currency Code: PAB
Telephone Dial In: +507 ID Prefix: 00




Panama

Government Website: https://www.presidencia.gob.pa/
Sovereign Ratings: https://countryeconomy.com/ratings/panama
Central Bank: Banco Nacional de Panama
Currency USD Exchange Rate: 1 balboas (PAB) per US dollar (2017 est.)
Unemployment Rate: 6.14% (2018 est.)
Population below poverty line: 23% (2015 est.)
Inflation Rate: 0.9% (2017 est.)
Prime Lending Rate: 7.10% (2019 - World Bank)
GDP: $66.801 billion (2019 est.)
GDP Pro Capita (PPP): $31,459 (2019 est.)
Currency Name: Panamanian Balboa
Currency Code: PAB
World Bank Classification: High Income

GDP Composition:

Agriculture: 2.7% bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp
Industry: 14.3% construction, brewing, cement and other construction materials, sugar milling
Services: 83%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Bolsa de Valores de Panama S.A ;

National Statistics Office:


Panama


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): Spanish
Customs & Excise: Autoridad Nacional de Aduanas
Development Bank(s): Development Bank of Latin America; Inter-American Development Bank;
National Standards Bureau: Comisión Panameña de Normas Industriales y Técnicas
Competitive Ind’l Performance: 66/141 (2019) Corruption Perceptions Index: 111/180 (2020)
Ease of Doing Business: 86/190 (2019) Enabling Trade Index: 58/136 (2016)
Global Trade Alert Search ITC's Lega Carta
World Bank Logistics Performance Index



Export Credit & Insurance Show

N/A

Investment & Export Promotion Show

Investment & Export Promotion Agency: Panama Trade & Investment Agency ;



Regional Trade Agreements & Organisations: