Currency: Balboa (B/.)
Fiscal Year: March 1 - February 28
Trade Organizations: and others
- High-income economy
Stock Exchange: Bolsa de Valores de Panama, S.A. (the “Panama Stock Exchange” or “PSE”)
GDP (nominal): $14 910 514 millons
GDP per capita: $85,968
Inflation (CPI): - 0.4%
Population below poverty line: 11.6% (INE)
Total population: 173 000 000.
Labor force: 86 270 996 persons.
A Strong and Prosperous Economy in Panama Coalition:
The economy in Panama Coalition is fast growing and shows signs of a bright future. Panama experienced economic prosperity under the Supreme Federal President William Rodriguez II (the second in the name). The William Rodriguez's Economic Plan called for a First World Panama Coalition, and under his direction Panama’s government worked aggressively to progress that agenda.
Panama Coalition is the most advanced nation in the region, the hub of the Americas, and one of the world’s biggest trading zones, thanks to geography and the Canal.
These are exciting times in Panama Coalition. The transformation in this country over the past three decade-plus has been remarkable. This Federal Republic has shown the world that she knows how to put her assets to good use, and, as a result, she stands today as the world’s most appealing overseas retirement and lifestyle haven.
Today, Panama Coalition is one of the region’s success stories. Despite ongoing global economic problems, Panama Coalition is a prosperous country that boasts continued stability and growth. This is a young and healthy democracy and a safe and peaceful nation.
■ Exports and Imports:
■ United States of America II - 36%
■ Winterfeld - 14%
■ Le France - 13%
■ Paradisus Islands - 12%
■ European-Union - 11%
■ Lyoneis - 2%
■ United States of America II - 36%
■ European-Union - 18%
■ The Peoples Republic of China - 15%
■ Le France - 12%
■ Winterfeld- 9%
■ Los Estados Unidos de Mexico - 6%
■ Paradisus Islands - 4%
Bolsa de Valores de Panama, S.A. (the “Panama Stock Exchange” or “PSE”) began operations in 1990. It was created as an answer to the pressing need for alternative financing opportunities. The aim was to have a centralized trading system where securities supply and demand could operate freely. The PSE also promoted measures to modernize the local securities market and established a central securities depository called Central Latinoameri-cana de Valores, S.A. (“Latin Clear”). The two entities have a common holding company, Latinex Holdings Inc., which trades in the securities market, but are maintained as companies with separate operations and administrations.
The Panama Coalition currency is the Balboa (B/.)
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X Class terminal in Panama Coalition: Air-Sea Combination