What was the economic growth of Panama in 2011 and 2012?

What was the economic growth of Panama in 2011 and 2012?

Fiscal policy Both revenue and total expenditure remained at very similar levels to 2011, at about 18.0% and 21.5% of GDP, respectively. Tax revenue totalled US$ 4.690 billion (equivalent to 12.9% of GDP) in 2012, a nominal increase of 26.4% on 2011, when it had represented 11.8% of GDP.

What was the highest GDP in 2011?

Bureau of Labor Statistics In 2011, among countries covered by the BLS international comparisons program, Norway had the highest GDP per capita ($61,900), followed by Singapore and the United States. Norway had the highest GDP per hour worked ($81.50), followed by Ireland and the United States.

What is the main industry in Panama?

Panama: Economy

Economic Trivia Panama has prosperous transportation and logistics service sectors that contribute to its economy’s high growth.
Top Industries Construction; Brewing; Cement and Other Construction Materials; Sugar Milling

What does Panama import and export?

Economy of Panama

Export goods fruit and nuts, fish, iron and steel waste, wood
Main export partners United States 18.9% Netherlands 16.6% China 6.5% Costa Rica 5.4% India 5.1% Vietnam 5% (2017)
Imports $21.91 billion (2017 est.) includes the Colon Free Zone

What is the richest country ever?

Luxembourg. Known for high-income levels and a low unemployment rate, Luxembourg is the richest country in the world. With its inflation rate at only 1.1%, its wealth is also extremely stable.

What was the richest country in history?

For 1850 years out of 2000 years, India was the richest country in the world and had the biggest economy in the world.

What is the economy’s GDP in billions of dollars?

GDP in the United States averaged 7680.13 USD Billion from 1960 until 2020, reaching an all time high of 21433.22 USD Billion in 2019 and a record low of 543.30 USD Billion in 1960. This page provides – United States GDP – actual values, historical data, forecast, chart, statistics, economic calendar and news.