Fact Sheet: Panama - Canada's Priority Market

Fast Facts

  • Capital: Panama City
  • Population (millions): 3.9
  • Total area: 74,340 km2
  • Currency: Balboa
  • Language (s): Spanish

Economic Facts 2014

  • GDP ($ billions): 48.4
  • GDP per capita ($): 12,311
  • GDP growth (%): 6,2
  • Inflation (%): 2.6
  • Unemployment (%): 4.1

Key Opportunities

  • Agriculture, food and beverages
  • Infrastructure, building products and related services
  • Mining

Major Negotiations and Agreements

Support Services

Trade Commissioner Service of Canada

Trade and Investment
Value (in millions of dollars)
 2014
Canada’s merchandise exports to Panama$95.3
Canada’s merchandise imports from Panama$11.2
Canadian investment in PanamaCommercially sensitive information
Panamanian investment in CanadaCommercially sensitive information