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Prel. |
|
|
1984 |
1985 |
1986 |
1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
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POPULATION |
|
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|
Thousands |
2122 |
2167 |
2212 |
2257 |
2303 |
2350 |
2398 |
2443 |
2488 |
2535 |
2583 |
2631 |
|
Growth Rate (%) |
2.1 |
2.1 |
2.1 |
2.0 |
2.0 |
2.0 |
2.0 |
1.9 |
1.8 |
1.9 |
1.9 |
1.9 |
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NATIONAL ACCOUNTS |
|
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|
|
|
GDP, current prices (m. balboas) |
4695 |
5006 |
5289 |
5454 |
4880 |
4973 |
5392 |
5919 |
6680 |
7103 |
7420 |
7637 |
|
GDP, 1982 prices (m. balboas) |
4252 |
4468 |
4667 |
4808 |
4176 |
4144 |
4451 |
4803 |
5150 |
5363 |
5562 |
5670 |
|
Real GDP Growth Rate (%) |
2.2 |
5.1 |
4.5 |
3.0 |
-13.1 |
-0.8 |
7.4 |
7.9 |
7.2 |
4.1 |
3.7 |
1.9 |
|
Real Per Cap. GDP (1982 balb.) |
2004 |
2062 |
2110 |
2130 |
1813 |
1763 |
1856 |
1966 |
2070 |
2116 |
2153 |
2155 |
|
Real Per Cap. GDP Growth Rate (%) |
0.0 |
2.9 |
2.3 |
0.9 |
-14.9 |
-2.8 |
5.3 |
5.9 |
5.3 |
2.2 |
1.8 |
0.0 |
|
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|
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|
Gross Dom. Investment/GDP (%) |
16.1 |
16.4 |
18.3 |
19.0 |
7.5 |
6.0 |
16.6 |
18.9 |
23.6 |
25.2 |
27.8 |
|
|
Private |
10.5 |
12.7 |
14.6 |
16.4 |
4.6 |
4.2 |
15.3 |
15.8 |
19.9 |
21.6 |
25.1 |
|
|
Public |
5.6 |
3.7 |
3.7 |
2.6 |
2.9 |
1.8 |
1.3 |
3.1 |
3.7 |
3.6 |
2.7 |
|
|
Gross National Savings/GDP (%) [a] |
-1.7 |
4.7 |
2.5 |
25.4 |
6.7 |
-19.4 |
4.2 |
-1.5 |
4.8 |
9.0 |
12.7 |
|
|
Private |
|
|
|
|
|
|
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|
|
|
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|
Public |
|
|
|
|
|
|
|
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|
|
|
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|
Foreign Savings/GDP (%) [a] |
17.8 |
11.7 |
15.8 |
-6.4 |
0.8 |
25.4 |
12.4 |
20.4 |
18.8 |
16.2 |
15.1 |
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PRICES |
|
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|
GDP Price Deflator (1982 = 100) |
110.4 |
112.0 |
113.3 |
113.4 |
116.9 |
120.0 |
121.1 |
123.2 |
129.7 |
132.4 |
133.4 |
134.7 |
|
Annual Change (%) |
3.5 |
1.4 |
1.2 |
0.1 |
3.1 |
2.7 |
0.9 |
1.7 |
5.3 |
2.1 |
0.8 |
1.0 |
|
Consumer Prices (1987 = 100) |
98.1 |
99.1 |
99.0 |
100.0 |
100.6 |
100.7 |
101.5 |
102.8 |
104.6 |
105.1 |
106.5 |
107.5 |
|
Annual Change (%) |
1.6 |
1.0 |
-0.1 |
1.0 |
0.6 |
0.1 |
0.8 |
1.3 |
1.8 |
0.5 |
1.3 |
0.9 |
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|
BALANCE OF PAYMENTS (US$ m.) [b] |
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Account Balance |
-1221 |
-918 |
-1180 |
20 |
-335 |
-1430 |
-1363 |
-1753 |
-1973 |
-1894 |
-1966 |
-1715 |
|
Exports, FOB |
294 |
333 |
359 |
371 |
320 |
324 |
355 |
376 |
546 |
557 |
586 |
620 |
|
Imports, FOB |
1276 |
1239 |
1122 |
1158 |
732 |
890 |
1345 |
1524 |
1825 |
1992 |
2172 |
2337 |
|
Trade Balance |
-982 |
-906 |
-763 |
-787 |
-412 |
-566 |
-990 |
-1148 |
-1279 |
-1435 |
-1586 |
-1717 |
|
Petroleum Trade, net |
-173 |
-199 |
-122 |
-125 |
-82 |
-109 |
-149 |
-168 |
-186 |
-155 |
-169 |
-105 |
|
Services, net |
-34 |
197 |
-286 |
950 |
180 |
-733 |
-220 |
-435 |
-501 |
-297 |
-203 |
111 |
|
Private Transfers, net |
-32 |
-10 |
-9 |
-18 |
-21 |
-22 |
-4 |
-2 |
-7 |
-7 |
-8 |
-4 |
|
Capital Account Balance [a] |
321 |
273 |
230 |
-1283 |
-1124 |
-5 |
-405 |
314 |
933 |
-630 |
1115 |
299 |
|
Official Transfers, net |
204 |
204 |
199 |
194 |
146 |
119 |
282 |
290 |
402 |
278 |
228 |
232 |
|
Direct Investment, net |
-60 |
124 |
172 |
-782 |
263 |
1026 |
-121 |
138 |
172 |
-301 |
85 |
-60 |
|
Direct Private Borrowing, net |
-9 |
-195 |
24 |
-14 |
106 |
-132 |
-337 |
6 |
-55 |
-672 |
415 |
-115 |
|
Priv. Banks' Mon. Mvmts., net |
73 |
0 |
0 |
308 |
281 |
-69 |
-577 |
-491 |
-384 |
-208 |
-405 |
-500 |
|
Official, net |
99 |
-191 |
-276 |
-419 |
-1073 |
-580 |
27 |
-175 |
213 |
-182 |
-221 |
-234 |
|
Other Off. Bank Trans., net |
17 |
-13 |
-5 |
-44 |
-11 |
-20 |
-9 |
-7 |
-17 |
-13 |
-12 |
-11 |
|
Other Private, incl. E&O, net |
-3 |
344 |
116 |
-526 |
-836 |
-349 |
330 |
553 |
602 |
468 |
1025 |
987 |
|
Overall Balance |
-900 |
-645 |
-950 |
-1263 |
-1459 |
-1435 |
-1768 |
-1439 |
-1040 |
-2524 |
-851 |
-1416 |
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|
EXTERNAL PUBLIC DEBT |
|
|
|
|
|
|
|
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|
Debt Outstanding, 12/31 (US$ m.) [c] |
|
|
|
|
|
|
3795 |
3699 |
3548 |
3494 |
3663 |
3710 |
|
Debt Outstanding/GDP |
|
|
|
|
|
|
70.4 |
62.5 |
53.1 |
49.2 |
49.4 |
48.6 |
|
Debt Service/Exports [d] |
|
|
|
|
|
|
28.1 |
32.7 |
67.2 |
20.1 |
25.5 |
|
[a] Savings data, and in particular the high share of savings classified as foreign savings, have been affected by the changes in the balance-of-payments format described in footnote [b].
[b] The government has recently radically revised its balance of payments format. The major change is to regard all economic units carrying out productive activities in Panama as resident firms, including nonfinancial enterprises in the Colon free Zone an
d general-license and international banks. The major effects of this change appear in net services exports (a sharp reduction) and in net monetary movements of private banks.
[c] Includes short-term debt, IMF, and arrears.
[d] Medium- and long-term debt.
U.S. Agency for International Development
Washington D.C. 1996.
Back to Country Economic Data
Back to US AID 1996
LANIC |