The LatAm Thread

Countries

Panama

Country profile. Every number links to its source and shows its date.

Panama uses the US dollar, so there is no national policy rate or exchange rate to show. Monetary conditions follow the US Federal Reserve. We show no policy rate on purpose.

Profile

Central bankNo central bank. Banco Nacional de Panamá is a state bank; banking is supervised by the Superintendencia de Bancos
CurrencyUS dollar (USD) is legal tender; the balboa is pegged one to one
Exchange regimeDollarized: no policy rate
Inflation targetNone: dollarized
Statistics officeINEC Panamá

Live indicators

No free official live feed is wired up for this country yet. Annual figures are below.

Annual indicators

Real GDP growth4.4 % y/y, 2025World Bank WDI, NY.GDP.MKTP.KD.ZG via World Bank · updated 2026-10-08
Inflation, consumer prices, annual average-0.2 %, 2025World Bank WDI, FP.CPI.TOTL.ZG via World Bank · updated 2026-10-08
Total reserves incl. gold6.2 USD bn, 2025World Bank WDI, FI.RES.TOTL.CD via World Bank · updated 2026-10-08
General government gross debt56.6 % of GDP, 2025 (IMF WEO, may be an estimate)IMF World Economic Outlook, GGXWDG_NGDP via IMF · updated 2026-10-25 (fetched)

Next central bank meeting

Shown only once checked against the central bank's own calendar. Not verified yet.

Doing business

Our guide to doing business in Panama is in progress. Nothing is published yet, and we will not post content until it is sourced to official law and regulation.

Methods and sources

Live figures come from official central bank or statistics APIs, or from the BIS where the official API needs registration, and refresh every 30 minutes. Annual figures come from the World Bank World Development Indicators and the IMF World Economic Outlook public APIs, fetched on 2026-10-25. Tags: official means taken straight from the national source, via BIS, World Bank or IMF means a recognized aggregator, unverified means a third party we have not yet matched to the official source. Our own calculations are labeled as such. Blanks mean we could not fetch a value; we never fill them in.