Good news on growth and prices, while the ACP increases transfers to the Treasury

PANAMA - Report 19 Dec 2025 by Marco Fernandez

The third-quarter GDP figure published this wekk (3.9%) exceeded our expectations and raises the possibility of full-year growth close to 4.0%, above our 3.6% estimate. Over the first three quarters, cumulative GDP growth reached 4.2%, driven by the same sectors that led the third quarter: transportation (15.3%), tourism (5.9%), and banking (5.5%). Consumer prices increased by an average of 0.2% year over year through November, helped by a decline in fuel prices.

At the start of the week, the Panama Canal made a transfer of B/. 2,965 million to the National Treasury, comprising operating profits (after expenses and reserves), per-ton transit fees, and public service fees (the latter are paid monthly). Of the total, B/. 2,372 million came from the operation’s economic surplus, B/. 591 million from per-ton fees, and B/. 2 million from service fees. In other news, the mining front remains quiet.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2025 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.