Panama, our choice
Panama represents more than a professional business venture for us, there is a strong personal bond that keeps us connected to this country: family, friends and long lasting professional relationships that motivate us every single day to actively participate in every aspect of life in Panama City.
General Information
GDP
$24.3 Billions (2009)
$25.8 Billions (2010 estimate)
GDP Annual growth rate
3.2 % (2009)
6.2 % (2010 estimate)
6.7 % (2011 estimate)
Inflation
4.3% (January - November 2010)
Competitiveness rank
(World Economic Forum)
#58 out of 134 countries (2008)
#59 out of 134 countries (2009)
#54 out of 134 countries (2010)
Panama is now the 2nd most competitive country in Latin America.
Investment Grade
Fitch’s rating: Upgraded from BB+ / positive perspective to BBB-/ positive perspective
Moody’s rating: Upgraded from Ba1 to Baa3 / stable outlook
S&P rating: Upgraded from BBB- to BB+ / outlook stable
Human Development Index
(United Nations)
#60 of 182 countries (2009) -- High Human Development.
#54 of 169 countries (2010) -- High Human Development.
Population
3.4 Million
Source: Panama, Where the World Meets.
Learn more about the advantages Panama offers you and your business.