Panama

Hot drinks sales achieved strong growth in 2023. While the largest category coffee performed best, growth was not as strong as had been expected. In addition to category maturity, sales were also hampered by significant global price hikes. Economic…

Panama’s sales of staple foods are buoyed by extensive urbanisation, the rise of modern grocery retailers and wider product selection. However, in the wake of the COVID-19 pandemic, the resumption of pre-pandemic lifestyles, Russia’s invasion of…

Cooking ingredients and meals slowed in volume terms in 2023 while value sales rose strongly due to rising inflation. Substantial unit price increases put significant pressure on household incomes, resulting in a more conservative approach to…

High inflation led to significant unit price rises in dairy products and alternatives during 2023 putting pressure on household incomes. This in turn forced consumers to adopt a more conservative approach to their spending. Manufacturers were also…

The number of households is set to increase moderately in Panama over 2022-2027, with couples with children remaining the dominant household type. In 2022 household spending was affected by inflation, which stood at 2.9% elevating living costs. The…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Panama covers production and consumption trends in agricultural commodities, energy…

The report examines the economic landscape of Panama and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending,…

The population increase in Panama from 2021 to 2040 will be driven by positive natural change, with births outweighing deaths. Improved living standards and the arrival of retired migrants will drive ageing, with the rise of a senior demographic…

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…

This report assesses the business environment in Panama, focusing on the regulatory environment, stability of the financial system, FDI intake, labour market flexibility and skillset, trade openness, mobility infrastructure, ICT adoption and…