Robust Export Growth Will Narrow Panamanian Current Account Deficit

Strengthening export growth and robust foreign investment will narrow Panama's current account deficit and support its external position. Increasing import demand and capital repatriation by foreign companies will largely offset the spike in exports. We forecast Panama's current account deficit at 5.1% of GDP in 2018 and 4.1% of GDP in 2019, respectively. 

Source: Fitch