Panama’s GDP Grows 5.5% in the First Half of the Year

The National Institute of Statistics and Census (INEC) and the Ministry of Economy and Finance (MEF) announced that in the first half of 2026, Panama’s economy experienced a 5.5% rise in GDP.

In the second quarter, GDP reached $20,069.2 million, with the main boost coming from the transport, storage, and mail sector, which grew 12.8% between April and June.

The INEC attributed growth to Panama Canal operations, land transport, air transport, and port activities. Wholesale and retail trade, along with agriculture, were among the other sectors contributing to the growth.  

In an article with La Prensa, economist Carlos Araúz considered GDP growth good news for Panama, but warned that “economic growth does not translate into well-being .” 

 Araúz argues that the challenge is ensuring that this growth reaches households.

In his view, without structural changes, Panama will remain an incredibly rich country for an incredibly small number of people. ... A temporary applause, without necessary changes in sustainability and structure. Read the full article below.

Source: La Prensa - Panama’s GDP grows 5.5% in the first half of the year