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Publication Date:
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June 09, 2014
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Electronic Access:
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Free Full text
(PDF file size is 1,433KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
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Summary:
This 2014 Article IV Consultation highlights that Panama’s economic performance remains buoyant. Real GDP growth averaged about 8.5 percent over the past decade, the highest in Latin America, supported by an ambitious public investment program, and accompanied by strong reduction in unemployment, poverty, and income inequality. After exceeding 10 percent in 2011–2012, growth slowed to 8.4 percent in 2013 reflecting mainly a decline in Colon Free Zone activity and in Canal traffic. Growth is expected to remain strong over the medium term. Inflation is moderating, owing to the deceleration of international food and oil prices. The baseline outlook is favorable, with moderate risks.
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Order a print copy
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Series:
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Country Report No. 14/157
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Subject(s):
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Article IV consultation reports | Economic growth | Fiscal policy | Budget deficits | Fiscal reforms | Banking sector | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Panama
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English
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Publication Date:
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June 09, 2014
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ISBN/ISSN:
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9781498397209/1934-7685
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Format:
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Paper
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Stock No:
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1PANEA2014003
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Pages:
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68
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Price:
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US$18.00 )
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Please address any questions about this title to
publications@imf.org
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