Panama’s Growing Pains

Panama’s Growing Pains

Panama Central America China Economy & Policy Corporate & Sovereign Strategy

by Sean Mattson Panama is expected to remain near the top of LatAm’s GDP growth leaders list in 2011 with growth expected to surpass 7%, according to government and independent economist projections. It could be LatAm’s top GDP performer for the next decade, Banamex economist Sergio Luna said at a recent Council of the Americas conference in Panama City. He says Panama is projected to lead LatAm for the next decade with 6.9% average annual GDP expansion, after leading LatAm over the last decade with 6.1% growth. Panama ended 2010 with a 7.5% expansion, according the government’s initial estimate. FDI is pouring in, with the small Central American nation of 3.4 mi

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