Tuesday, October 7, 2008
About Panama: The Economy
Investor confidence is based
on a unique economic and free-trade platform. Unlike any other Latin nation, service industries account for approximately
75% of Panama’s GNP and Panama has the exclusive right to use the U.S. dollar as its par-value currency.
This combination produced an economy registering an inflation rate of merely 2.3% in 2005.
For complete information, please go to Economic Fundamentals.
Most photos are courtesy of IPAT and Alfredo Maíquez