Panama
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2005-2006 , pp 249-255
- Publication Date: April 2006
- DOI: https://doi.org/10.18356/2824feb8-en
- Language: English
Panama’s economy continued to register a high level of growth (6.4%) thanks to favourable external conditions and buoyant domestic demand. The unemployment rate came down to 9.6% and the fiscal deficit narrowed to 2.5% of GDP. The balance-of-payments current account deficit also shrank to the equivalent of 5.3% of GDP, while inflation exceeded usual levels with an increase of 3.4%.
© United Nations
ISBN (PDF):
9789211561036
Book DOI:
https://doi.org/10.18356/05f76052-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Panama
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