Panama—Current Account Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #92 of 191Series years: 2000–2031
Latest Value
-2.5%
2031
YoY Change
+0.0%
2030 → 2031
Global Rank
#92
of 191 countries
Maximum
0.7%
2024
Minimum
-13.0%
2014
Last
-2.5%
Previous
-2.5%
Highest
0.7%
Lowest
-13.0%
Unit
percent of GDP
Source
IMF World Economic Outlook
Panama's current account balance (% of GDP) was -1.5% in 2026, ranking #92 out of 191 countries. This represents a +0.0% change from 2030. Over the past 27 years, the highest recorded value was 0.7% (2024) and the lowest was -13.0% (2014). The IMF WEO projects -2.5% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -2.5% | +0.0% |
| 2030 | -2.5% | +0.0% |
| 2029 | -2.5% | +0.0% |
| 2028 | -2.5% | +0.0% |
| 2027 | -2.5% | -66.7% |
| 2026 | -1.5% | -600.0% |
| 2025 | 0.3% | -57.1% |
| 2024 | 0.7% | +122.6% |
| 2023 | -3.1% | |
| 2022 | 0.0% | +100.0% |
| 2021 | -1.2% | -700.0% |
| 2020 | 0.2% | +103.9% |
| 2019 | -5.1% | +35.4% |
| 2018 | -7.9% | -36.2% |
| 2017 | -5.8% | +22.7% |
| 2016 | -7.5% | +13.8% |
| 2015 | -8.7% | +33.1% |
| 2014 | -13.0% | -49.4% |
| 2013 | -8.7% | +3.3% |
| 2012 | -9.0% | +29.1% |
| 2011 | -12.7% | -23.3% |
| 2010 | -10.3% | -1187.5% |
| 2009 | -0.8% | +91.0% |
| 2008 | -8.9% | -64.8% |
| 2007 | -5.4% | -116.0% |
| 2006 | -2.5% | +60.9% |
| 2005 | -6.4% | +7.2% |
| 2004 | -6.9% | -64.3% |
| 2003 | -4.2% | -366.7% |
| 2002 | -0.9% | +43.8% |
| 2001 | -1.6% | +72.4% |
| 2000 | -5.8% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -1.5% | -600.0% |
| 2027Forecast | -2.5% | -66.7% |
| 2028Forecast | -2.5% | +0.0% |
| 2029Forecast | -2.5% | +0.0% |
| 2030Forecast | -2.5% | +0.0% |
| 2031Forecast | -2.5% | +0.0% |
Top Countries — Current Account Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 35.0% | 2026 |
| 2 | Kuwait | 26.0% | 2026 |
| 3 | Guyana | 21.5% | 2026 |
| 4 | San Marino | 17.1% | 2026 |
| 5 | Singapore | 16.6% | 2026 |
| 6 | Andorra | 16.0% | 2026 |
| 7 | Brunei Darussalam | 14.5% | 2026 |
| 8 | Norway | 14.3% | 2026 |
| 9 | Papua New Guinea | 13.7% | 2026 |
| 10 | Liechtenstein | 12.7% | 2026 |
About This Indicator
Definition
Current-account balance relative to GDP.
Methodology
Based on balance of payments data. Includes trade balance, net income from abroad, and net current transfers.
Unit
percent of GDP
Source: International Monetary Fund (World Economic Outlook)Available series: 2000–2031View original source →