Posted on 2018-01-15
From a report by the Comptroller General of the Republic:
The Monthly Index of Economic Activity (IMAE) in the Republic, for the accumulated period of January - October 2017, grew by 5.42%, compared to the same period in 2016.
The categories of economic activity that showed favorable performances were: transport, storage and communications (includes canal, ports and aviation), construction, mining and quarrying, electricity and water, and public administration. Other branches that showed a favorable incidence, but at a lower rate, were the manufacturing industry, private education, legal services and community activities (including casinos and games of luck and chance). Having slight growth in the period were the categories trade, hotels and restaurants and agricultural activities. On the other hand, private health and fishing registered decreases.
The interannual monthly variation in October 2017, compared to the same month in 2016, was 4.06%.
Source: Central America Data
Pardini & Asociados offers you the Guide to Doing Business in Panama 2023 completely FREE! Download here!Get it now