Fact Sheet: Panama - Canada's Priority Market

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Fast Facts

  • Capital: Panama City
  • Population (millions): 3.7
  • Total area: 74,340 km2
  • Currency: Balboa
  • Language (s): Spanish

Economic Facts 2012

  • GDP ($ billions): 36.2
  • GDP per capita ($): 9,915
  • GDP growth (%): 10.7
  • Inflation (%): 5.7
  • Unemployment (%): 4.2

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)
 20122007
Canada’s merchandise exports to Panama$91.9$86.3
Canada’s merchandise imports from Panama$122$28.7
Canadian investment in PanamaCommercially sensitive informationCommercially sensitive information
Panamanian investment in CanadaCommercially sensitive information$357