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Panama

Panama · PAN · North America

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Panama is a Central American nation strategically located due to the Panama Canal, which is a cornerstone of its economy. The country boasts a robust services sector, including banking, insurance, and logistics, and is a stable presidential republic, though it faces challenges related to inequality and climate change.

Leadership

José Raúl Mulino

President

GOVERNMENT: Presidential republic

José Raúl Mulino

Javier Martínez Acha

Carlos Alberto González

Economy

GDP

$90.0B

GDP per Capita

$20.0K

GDP Growth

+4.5%

Inflation

2.5%

Unemployment

7.0%

Services (Panama Canal, banking, tourism)ConstructionMiningAgriculture

Trade

Key Exports

BananasShrimpSugarGoldCoffee

Key Imports

Machinery and equipmentFuelsVehiclesChemicalsFoodstuffs

Top Partners

United StatesChinaEcuadorColombiaCosta Rica

Headlines (8)

WJLAAug 9

Two men charged after machete, hatchet fight outside Florida Publix

DecryptAug 7

OLY Announces August 28 Mint Built Around Long

The TribuneAug 6

Indian Ambassador Sumit Seth bids farewell to Panama President Jose Raul Mulino, discusses scholarships, development projects and bilateral ties

Lokmat TimesAug 6

Indian Ambassador meets President of Panama, discusses ideas to boost relationship

Al-MonitorAug 6

Gulf shipping traffic down after Houthis say they attacked Saudi tanker

The Japan Times Aug 6

Japan and Panama agree to deepen cooperation on canal

ReutersAug 5

Panama Canal again tightens draft limits as water levels under pressure

The Manila TimesAug 5