Panama
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2009-2010 , pp 186-191
- Publication Date: July 2010
- DOI: https://doi.org/10.18356/f91959d1-en
- Language: English
Panama’s economy posted GDP growth of 2.4% in 2009. The international financial crisis led to this break in the growth rate, which had averaged 9.6% in 2005-2008. The non-financial public sector recorded a slight deficit equivalent to 1.0% of GDP, as against a 0.4% surplus in 2008. The current account was balanced at the end of 2009, compared with a deficit equivalent to 11.5% of GDP in 2008. Unlike 2008, when inflation reached 6.8%, the annual rate for 2009 was more in line with historical levels, at 1.9%.
© United Nations
ISBN (PDF):
9789210545808
Book DOI:
https://doi.org/10.18356/e4980ff6-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Panama
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