Economy of Panama

E393612

The economy of Panama is a high-income, service-based economy centered on the Panama Canal, logistics, banking, and trade, leveraging its strategic geographic position as a global transportation and financial hub.

All labels observed (1)

Label Occurrences
Economy of Panama canonical 1

How this entity was disambiguated

Statements (51)

Predicate Object
instanceOf national economy
affectedBy Panama Canal expansion
global trade volumes
international financial regulation
continent North America
country Panama
currency Panamanian balboa
US dollar
surface form: United States dollar
dominantSector services
economicSystem mixed economy
financialRole offshore banking center
regional financial center
governedBy Government of Panama
importantSector agriculture
banking
construction
logistics
manufacturing
maritime services
offshore financial services
real estate
tourism
trade
incomeLevel high-income economy
infrastructureRole global logistics hub
global transportation hub
keyActivity bunkering services
canal toll collection
container transshipment
offshore banking
re-exports
ship registry services
keyAsset Colón Free Zone
Panama Canal
Panama Canal railway system
surface form: Panama Canal Railway

Panama City
surface form: Panama City financial district

Tocumen International Airport
laborMarketFeature informal sector presence
large services employment share
majorExportCategory re-exported goods
services
majorTradingPartner Central American countries
China
European Union
United States of America
surface form: United States
monetaryPolicyAuthority no independent central bank with full monetary policy
regionalOrganizationMembership Central American Integration System
Latin American Integration Association
subregion Central America
tradeOrientation export-oriented services economy
open economy

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Panamanian balboa category Economy of Panama