*Panama’s national statistics institute (Inec) has published its monthly index of economic activity, registering a 4.77% year-on-year increase in October. This was up from a 4.73% year-on-year increase
in September, and 1.61% year-on-year growth in August. Accumulated economic activity rose by 4.36% from January to October, up from 4.30% from January to September. Inec highlighted that most of the country’s productive sectors posted positive growth, singling out in particular: transport, storage and communications, financial intermediation, construction, and hotels and restaurants, among others. In its latest forecast released in October, the United Nations (UN) Economic Commission for Latin America and the Caribbean (Eclac) forecast that Panama will post 4.1% GDP growth in 2025, the highest in Central America, and up from 2.9% in 2024.
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