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Macroeconomic Indicators

 
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GDP Growth Rate, Inflation Rate and Unemployment Rate
  2002 2003 2004 2005 2006

Real GDP Growth (%)

2.2

4.2

7.5

6.9

8.1

Nominal GDP Growth (%)

3.9

5.4

9.6

9.2

10.4

Inflation Rate (%)

1.0

1.4

0.5

3.3

2.3

Real per capita GDP (US $)

3,821

3,909

4,129

4,338

4,611

Unemployment rate (%)

14.1

13.0

11.8

9.8

8.7

 
Government (As % of GDP)
(% of GDP)
2002
2003
2004
2005 2006
Revenue and Grants

24.1

22.2

21.1

22.4

25.0

Expenditures

22.5

23.4

22.5

24.9

24.5

Current expenditures

19.3

19.2

19.0

17.5

17.1

Capital expenditures

3.3

4.1

3.5

3.0

3.1

Fiscal defict

-2.0

-4.8

-4.9

-3.2

0.5

Public external debt

51.7

50.3

50.8

49.1

45.6

(P) = Preliminar Figures

Available Structures (2008)

Social Security

Population protected by social security

2,400,000

New registration of insured people

550,000

Amount and number of professional risk subsidies

 

Amount:

US$5,509,046

Number

9,536

Health

Health infrastructures in the Republic of Panama

918

Hospitals

41

Health Institutions and Clinics

598

Centers and health outposts

183

Health staff practicing in the Republic of Panama
(Including physicians, odontologists, nurses, assistant nurses, X-Ray technicians, laboratory technicians.)

17,291

Educational Structure

Budget assigned to education

US$ 9,763 MM
3.2% of GDP

Illiteracy

2.0% - urban
16.0 - rural

Credits to higher education

1,490

At national level

1,223

At international level

267

Scholarships granted (2007)

43,305

At national level (2008)

42,973

At international level (2007)

332

Technical formation registered

13,807

Registered universities

62

Enrollment at national level

Elementary

436,945

High School

248,299

University

130,026

Enrollment at private universities (2008)
48,000
Matrícula de estudiantes extranjeros (estimada al 2010)
261,000

Graduated at national level

Elementary

57,504

High School

10,329

Programs offered in Private Universities:
Bachelors Degree: 42%
Masters Degree: 30%
Ph.D.: 2%
Specialization: 10%
Technical Level: 10%

For economic consulting, the BusinessPanama Group has teamed up with the leading Economic Consulting Group in Panama.  For more information, please click here to contact us.

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