ANNUAL DATA · BASE 2025 Sources ↗

Disasters & your money →

Understand one economy at a time

PAN Panama

Start with a short summary, then explore what matters to you

Screening overviewLower pressure in available data?

Start here · no economics background needed

Panama in 1 minute

Data years 2025
Economic overview?

The economy is still expanding

Still growing, with a higher growth rate than in 2024

Growth 4.4%year 2025
Prices?

Average prices fell

This does not mean every item became cheaper. Income and employment matter too.

Inflation -0.2%year 2025
An area to explore next?

Currency and external liquidity

Explore external balances and reserves to understand selected pressures on external stability.

Area score: 47.7 /100

The highest pressure score is not the most likely event · Indicator years may differ, and some figures may be estimates

What might this mean for everyday life?

Possible connections, not outcomes for everyone

Cost of living ?

This does not mean every item became cheaper. Income and employment matter too.

Jobs and income ?

Year 2025 unemployment was 8.4% of the labor force. This does not tell us how your own job or income will change.

Borrowing and debt ?

The simulator below covers government debt, not your mortgage or car payment. Its interest rate is an assumption, not an actual rate.

i

Based on annual data, not live data. These results cannot confirm a crisis year or probability.

How to read this ↗

Look back

Is the economy growing or shrinking? ?

Year 2025 growth was 4.4% compared with 2.7% in 2024 · Still growing, with a higher growth rate than in 2024

-23.0%-8.1%6.8%21.6% 2016: 4.57%2016 2017: 5.74% 2018: 3.92%2018 2019: 3.10% 2020: -17.82%2020 2021: 16.47% 2022: 11.04%2022 2023: 7.17% 2024: 2.75%2024 2025: 4.35%2025

The line shows the growth rate, not the size of the economy · Above 0 means expansion; below 0 means contraction · Some years may be revised

Change a condition and explore the result

What could happen to government debt? ?

Choose a scenario, or open “Set your own values”. These are simulations, not predictions of a crisis year.

  1. Choose an example or set your values
  2. Run the simulation
  3. Read the new result and its applied values
Ready. Choose a scenario to begin.

Interest and primary balance in these examples are trial assumptions, not actual country rates or promises of what a government can achieve.

Set your own values For readers who want to explore further
?

For example, 5 means an assumed annual interest rate of 5%.

?

−2 reduces growth by two percentage points. 0 leaves it unchanged.

?

A comparison threshold, not a confirmed crisis trigger.

?

Choose 1–10 years from the base year.

?

Positive means a surplus; negative means a deficit, before interest.

?

Growth volatility. Other modeled sources of uncertainty remain.

Reset to the reference example
Values used for this resultReference example
assumed interest rate
5%
growth adjustment
0 percentage points
simulation horizon
5
primary surplus or deficit
0% GDP
debt threshold
150% GDP
volatility
3

Reference example

Under these assumptions · year 2030

Government debt relative to the economy

59.0%

Median in 2030

Equivalent to 59.0 units of debt for every 100 units of economic output

Simulated outcome, not crisis probability
Starting debt observation ?
56.6% year 2025
Reference example in the same year ?
59.0%

Read the result in plain language

Debt relative to the economy is close to the reference example

In 2030 the median in this scenario is 59.0%, compared with 59.0% in the reference example

The simulated debt ratio rises from its starting value. Actual outcomes may differ if conditions change.

The reference assumes 5% interest, no growth adjustment, and a 0% primary balance, using the same horizon, debt threshold, and volatility as your scenario.

?0 out of 1,000 simulated paths

reached a debt threshold of 150% by 2030 (0.0%)

Crossing a threshold is not the same as a crisis

Debt paths in this scenario

?
0%24%48%73%Start 2026 2027 2028 2029 2030
Selected scenarioDashed line: reference example

Line: median · Shading: central 80% of simulated outcomes, not guaranteed future bounds · Starting debt observation year: 2025

See annual values and simulation limits

Starting growth used: 4.3503046062773% · starting inflation: -0.18795014649563%. These initialize the simulation; they are not next-year forecasts. Some inputs are limited to the model's supported range.

Simulated yearLower debtMedianHigher debtCumulative paths reaching threshold ?
202654.7%57.1%59.5%0%
202754.2%57.5%60.9%0%
202853.8%58.2%62.3%0%
202953.8%58.7%63.7%0%
203053.8%59%64.9%0%

Starting debt may predate the base year. The model omits factors such as exchange rates, policy changes, and asset revaluations. Lower and upper values cover the central 80% of simulated outcomes, not guaranteed bounds for actual outcomes.

See all scores and economic figures For readers who want the supporting evidence

Overall pressure score ?

19.3/100

Data coverage ?

100%

Not a measure of accuracy · base year 2025

Explore pressure by area ?

↘13.8/100

Economic contraction

Track economic growth and the labor market to explore pressure on income and economic activity.

Screening score, not event probability
≈0.0/100

Inflation pressure

Explore changes in goods and services prices that may affect living costs and purchasing power.

Screening score, not event probability
⇄47.7/100

Currency and external liquidity

Explore external balances and reserves to understand selected pressures on external stability.

Screening score, not event probability
▥13.1/100

Government debt pressure

Read government debt alongside growth. High debt alone does not imply default.

Screening score, not event probability
▤9.0/100

Credit vulnerability

Track credit levels and economic conditions to explore selected financial-system pressures.

Screening score, not event probability

Figures and observation years

Sources and credits ↗
Indicator ?ValueObservation year ?Status ?
Real GDP growth ?4.35% per year2025Used in assessment
CPI inflation ?-0.19% per year2025Used in assessment
Current account balance ?-0.19% GDP2025Used in assessment
Reserves in months of imports ?1.74months2025Used in assessment
Private sector credit ?75.47% GDP2025Used in assessment
Unemployment ?8.36% of labor force2025Used in assessment
General government debt ?56.60% GDP2025Used in assessmentMay be an estimate
Understand this in a few lines

For example

General explanation, not an assessment of your individual situation