Nominal GDP is USD 76,522.5 million, a growth of 13.5%

He GDP it nominally reached the amount of 76,522.5 million dollars, with a growth rate of 13.5% compared to the previous year, which corresponds to an annual increase of 9,115.8 million dollars.

During the year, economic activities continued with the recovery process, thanks to the control of the pandemic, enabling the full opening of the economy, despite the fact that initially the fourth wave of covid-19; in addition to external factors, such as rising fuel prices, it also caused protests in the country in the middle of the year.

However, despite the affects, these activities continue to return to their usual behavior.

This achieved growth makes it possible to assess the relationship Debt/GDPthat is, the weight of public debt on the production of wealth at current prices, which show a downward trend, establishing a relationship Debt/GDP by 57.8 percent.

During 2022, the production of goods and services in the Panamanian economymeasured through GDP in constant prices, recorded a growth of 10.8% compared to the previous year.

He GDPestimated at constant 2018 prices, recorded an amount of USD 73,449.3 million, corresponding to an increase of USD 7,164.9 million.

Among the internal activities that performed positively in this period are: The manufacturing industry, power industry, construction, commercial activities, real estate and business and other personal services. However, activities related to private education are declining.

Among the added values ​​generated by activities related to the rest of the world, there was an increase in: Panama Canal, with an increase in tolls, air traffic and the Colon Free Zone. While income from the activities of mines and quarries, related to the export of copper and its concentrates and port services, decreased.