Panama
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2006-2007 , pp 215-220
- Publication Date: April 2007
- DOI: https://doi.org/10.18356/0707e5bf-en
- Language: English
In 2006 the Panamanian economy grew rapidly for the third consecutive year. GDP rose by 8.1% (6.9% in 2005) while per capita GDP expanded by 6.3% during the year and 17% over the last three years. Favourable international conditions boosted exports of goods and services, while domestic demand remained very buoyant, bolstered by the abundance of credit. The public sector posted a surplus, and the balance-of-payments deficit was halved. Open unemployment continued to fall, and real wages edged up slightly, in part because of the moderating inflation.
© United Nations
ISBN (PDF):
9789211561111
Book DOI:
https://doi.org/10.18356/109b6df0-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Panama
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