Panama one of the countries with lowest inflation - The Federal Reserve indicated that more restrictive monetary policy is in the cards amid strong employment gains. In Europe, while inflation has fallen, it is still far above the 2% target. Across the Euro area inflation is estimated to have reached 8.5% in January. At the sa... more

Fitch Affirms Panama at 'BBB-'; Outlook Stable - Panama's ratings are supported by its high per capita income, a track record of strong macroeconomic performance featuring high growth rates, and relatively low inflation, supported by a strategic location and asset (the Panama Canal). This is counterbalanced by a relatively n... more

15% Growth Economy of Panama in 2021 - During 2021, the production of goods and services in the Panamanian economy, measured through GDP, presented an increase of 15.3%, compared to the previous year, according to the Comptroller General of the Republic of Panama.  The figure for the Panamanian Internal Product st... more

Panama focuses on Vaccine Tourism - Panama approved a plan on Wednesday to vaccinate visitors in a bid to boost a tourism industry badly hit by the coronavirus pandemic, becoming the first Central American nation to offer vaccine doses to tourists. Many of Panama's neighbours have struggled to vaccinate lar... more

IMF says Panama’s economy will grow by 12.5% - The International Monetary Fund (IMF) described Panama’s economic “outlook” as “optimistic” and forecasts a 12% growth for 2021, after a 17.9% drop due to the pandemic last year, the Panamanian government informed on Wednesday. more

Promising forecast for economy of Panama - The World Bank has improved economic growth projections for all Central American economies for 2021, with Honduras, El Salvador and Panama having the most promising forecasts.  more

Panama Canal sees signs of rebound in global trade - The Panama Canal is seeing signs of a rebound in global trade as ship transits recover from the depressed levels caused by the pandemic. Total transits through the waterway rose to 933 in July, from 845 in June, which was the fewest since the canal opened an expanded set of lo... more

Panama Canal sees 10,000 transits of neo-panamax - On Monday the 10th of August the Panama Canal marked its 10,000 transits through the expanded locks of the canal. This has been achieved in the same week when the Panama Canal celebrates its 106 years of operations.  "Reaching this mark just over four years after the opening o... more

Panama to Speed Up Trade with Mexico - On July 22, the Panamanian and Mexican authorities signed Decision No. 3 of the free trade agreement between the two economies. The document will become effective 45 days after its signature. Mexico is the sixth most important trading partner of Panama, a country with which it... more

Panama: Manufacturing services for multinationals - Recently the Panamanian government proposed a new regime focused on attracting multinational companies involved in manufacturing, assembly, maintenance, remanufacturing and conditioning of products, R&D and logistics services to companies from within the same business grou... more