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Panama: Economy Overview

Panama: Economy Overview. GDP (2012): $36.25% billion USD Represents 0.06% of the world economy. Population (2012): 3.802 million people GDP per capita (2012): $15,900 USD Labor Force (2012): 1.517 million people Unemployment rate (2012): 4.4% Life expectancy (2011): 77 years

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Panama: Economy Overview

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  1. Panama: Economy Overview • GDP (2012): $36.25% billion USD • Represents 0.06% of the world economy. • Population (2012): 3.802 million people • GDP per capita (2012): $15,900 USD • Labor Force (2012): 1.517 million people • Unemployment rate(2012): 4.4% • Life expectancy (2011): 77 years • Inflation rate (2012): 5.7% • Stock market: Bolsa de Valores de Panamá, S.A. (BVP). • Currency: Balboa (PAB) and American Dollar (USD) • Exchange rate (01.17.2014): 1 USD – 1 PAB • Industrial production growth rate (2012): 15.7% Sources: Banco Nacional de Panamá (2014); TheWorld Bank (2014); Central Intelligence Agency (CIA) (2014); TradeMap (2014) Updated: January, 2014.

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