Panama Motor Vehicles Sales Growth

2006 - 2025 | Monthly | % | CEIC Data

Key information about Panama Motor Vehicles Sales Growth

  • Panama Motor Vehicles Sales grew 16.0 % in Oct 2025, compared with a growth of 14.7 % in the previous month.
  • Panama Motor Vehicles Sales Growth rate is updated monthly, available from Jan 2006 to Oct 2025, with an average growth rate of -0.4 %.
  • The data reached an all-time high of 3,532.0 % in May 2021 and a record low of -97.5 % in May 2020.
  • Car Sales of Panama recorded 7,837.0 units in Oct 2025.

CEIC calculates monthly Motor Vehicles Sales Growth from monthly Motor Vehicles Sales. The National Institute of Statistics and Census provides Motor Vehicles Sales.

View Panama's Motor Vehicles Sales Growth from Jan 2006 to Oct 2025 in the chart:

Panama Motor Vehicles Sales Growth

What was Panama's Motor Vehicles Sales Growth in Oct 2025?

Panama Motor Vehicles Sales grew 16.0 % in Oct 2025, compared with a growth of 14.7 % in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
16.0 Oct 2025 14.7 Sep 2025 -97.5 May 2020 3,532.0 May 2021 % monthly Jan 2006 - Oct 2025

Motor Vehicles Sales Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 38.9 2019 yearly 2006 - 2019
Algeria (%) -1.8 2019 yearly 2006 - 2019
Argentina (%) 2.7 Oct 2025 monthly Jan 1997 - Oct 2025
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) -2.1 Nov 2025 monthly Jan 1995 - Nov 2025
Austria (%) 6.0 2024 yearly 2006 - 2024
Azerbaijan (%) 67.5 2019 yearly 2006 - 2019
Bahrain (%) -16.0 2019 yearly 2006 - 2019
Bangladesh (%) 5.4 2019 yearly 2006 - 2019
Belarus (%) 20.9 2019 yearly 2006 - 2019
Belgium (%) -5.6 2024 yearly 2006 - 2024
Bolivia (%) -12.1 2019 yearly 2006 - 2019
Bosnia and Herzegovina (%) -52.5 2019 yearly 2006 - 2019
Botswana (%) -87.1 2019 yearly 2006 - 2019
Brazil (%) -5.9 Nov 2025 monthly Jan 2003 - Nov 2025
Brunei (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Bulgaria (%) 17.2 2024 yearly 2006 - 2024
Cambodia (%) 12.6 2019 yearly 2006 - 2019
Canada (%) 1.2 Sep 2025 monthly Jan 1947 - Sep 2025
Chile (%) 4.3 Nov 2025 monthly Jan 2015 - Nov 2025
China (%) 8.8 Oct 2025 monthly Jan 2001 - Oct 2025
Colombia (%) 44.2 Sep 2025 monthly Jan 2004 - Sep 2025
Croatia (%) 12.5 2024 yearly 2006 - 2024
Cyprus (%) -3.9 2019 yearly 2006 - 2019
Czech Republic (%) 10.2 Dec 2020 monthly Jan 2012 - Dec 2020
Denmark (%) 1.3 2024 yearly 2006 - 2024
Ecuador (%) -24.4 2024 yearly 2006 - 2024
Egypt (%) 12.6 2024 yearly 2006 - 2024
Estonia (%) 18.6 2019 yearly 2006 - 2019
Finland (%) -14.5 2024 yearly 2006 - 2024
France (%) -2.4 2024 yearly 2006 - 2024
Georgia (%) -3.4 2019 yearly 2006 - 2019
Germany (%) -0.4 2024 yearly 2006 - 2024
Ghana (%) -19.4 2019 yearly 2006 - 2019
Greece (%) 2.2 2024 yearly 2006 - 2024
Hong Kong SAR, China (%) -12.8 2019 yearly 2006 - 2019
Hungary (%) 12.1 2024 yearly 2006 - 2024
Iceland (%) -34.2 2019 yearly 2006 - 2019
India (%) 2.8 Mar 2022 monthly May 2002 - Mar 2022
Indonesia (%) -4.4 Oct 2025 monthly Jan 1990 - Oct 2025
Iran (%) -31.7 2019 yearly 2006 - 2019
Ireland (%) 0.8 2024 yearly 2006 - 2024
Israel (%) -0.3 2024 yearly 2006 - 2024
Italy (%) -0.3 2024 yearly 2006 - 2024
Ivory Coast (%) 15.8 2019 yearly 2006 - 2019
Japan (%) -1.8 Oct 2025 monthly Jan 1992 - Oct 2025
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) 0.7 2024 yearly 2006 - 2024
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) -12.9 Oct 2025 monthly Jan 1995 - Oct 2025
Kuwait (%) -0.9 2024 yearly 2006 - 2024
Kyrgyzstan (%) -35.8 2019 yearly 2006 - 2019
Laos (%) 16.8 2019 yearly 2006 - 2019
Latvia (%) 0.8 2019 yearly 2006 - 2019
Lebanon (%) -33.8 2019 yearly 2006 - 2019
Lithuania (%) 30.7 2019 yearly 2006 - 2019
Luxembourg (%) 4.4 2019 yearly 2006 - 2019
North Macedonia (%) 5.9 2019 yearly 2006 - 2019
Malawi (%) 1.6 2019 yearly 2006 - 2019
Malaysia (%) 6.0 Oct 2025 monthly Jul 1995 - Oct 2025
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 3.8 Oct 2025 monthly Jan 1996 - Oct 2025
Moldova (%) 7.7 2019 yearly 2006 - 2019
Mongolia (%) -41.0 2019 yearly 2006 - 2019
Morocco (%) 9.2 2024 yearly 2006 - 2024
Myanmar (%) 43.8 2019 yearly 2006 - 2019
Nepal (%) 3.5 2019 yearly 2006 - 2019
Netherlands (%) 16.5 2024 yearly 2006 - 2024
New Zealand (%) -13.5 2024 yearly 1976 - 2024
Nigeria (%) -42.4 2019 yearly 2006 - 2019
Norway (%) 0.1 2024 yearly 2006 - 2024
Oman (%) -0.2 2019 yearly 2006 - 2019
Pakistan (%) 34.8 Oct 2025 monthly Jul 2006 - Oct 2025
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) 16.0 Oct 2025 monthly Jan 2006 - Oct 2025
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) -11.1 2024 yearly 2006 - 2024
Philippines (%) 0.0 Oct 2025 monthly Jan 1997 - Oct 2025
Poland (%) 12.5 2024 yearly 2006 - 2024
Portugal (%) 6.6 Oct 2025 monthly Jan 2001 - Oct 2025
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 6.1 2024 yearly 2006 - 2024
Russia (%) -0.3 Nov 2025 monthly Jan 2009 - Nov 2025
Saudi Arabia (%) 6.1 2024 yearly 2006 - 2024
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) 44.7 Nov 2024 monthly Jan 2011 - Nov 2024
Slovakia (%) 4.2 2024 yearly 2006 - 2024
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) 16.0 Oct 2025 monthly Jan 2004 - Oct 2025
Spain (%) 8.1 2024 yearly 2006 - 2024
Sri Lanka (%) -27.0 2019 yearly 2006 - 2019
Sudan (%) -13.8 2019 yearly 2006 - 2019
Sweden (%) -8.0 2024 yearly 2006 - 2024
Switzerland (%) -4.2 2024 yearly 2006 - 2024
Syria (%) 62.8 2019 yearly 2006 - 2019
Taiwan (%) -16.7 Oct 2025 monthly Jan 1998 - Oct 2025
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) 25.0 Oct 2025 monthly Dec 1992 - Oct 2025
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.9 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue (USD mn) 740.274 Sep 2025 monthly Jan 1995 - Sep 2025
Tax Revenue: % of GDP (%) 8.0 Jun 2025 quarterly Mar 2007 - Jun 2025
National Government Debt (USD mn) 58,832.7 Oct 2025 monthly Jul 2004 - Oct 2025
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Central Government Revenue: Current Revenue (PAB th) 2,942,813.523 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 693,972.524 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 487,361.403 Dec 2024 monthly Jan 1995 - Dec 2024
Public Debt: Domestic (USD mn) 9,460.795 Jan 2025 monthly Jul 2004 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,108.4 Sep 2025 monthly Jan 1964 - Sep 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) 0.6 Sep 2025 monthly Jan 2001 - Sep 2025
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,192.3 Sep 2025 monthly Jan 2000 - Sep 2025
Total Imports Growth (%) 2.0 Sep 2025 monthly Jan 2001 - Sep 2025
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 35.282 Aug 2025 monthly Jan 1970 - Aug 2025
Total Imports from USA (USD mn) 211.345 Aug 2025 monthly Jan 1967 - Aug 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 165.039 Aug 2025 monthly Mar 1989 - Aug 2025
Exports: FOB: Banana (PAB th) 19,938.525 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB (PAB th) 84,431.775 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Seafood Products (PAB th) 7,601.984 Dec 2024 monthly Jan 2002 - Dec 2024
Exports: FOB: Prawn (PAB th) 11,096.530 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -1,419.8 Jun 2025 quarterly Mar 2013 - Jun 2025
Current Account Balance (USD mn) 522.5 Jun 2025 quarterly Mar 1998 - Jun 2025
Current Account Balance: % of GDP (%) 2.6 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Direct Investment (USD mn) -887.1 Jun 2025 quarterly Mar 1998 - Jun 2025
Foreign Direct Investment: % of GDP (%) -4.4 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment (USD mn) 434.124 Jun 2025 quarterly Mar 2013 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.2 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2025 quarterly Mar 2013 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 434.124 Jun 2025 quarterly Mar 2013 - Jun 2025
External Debt (USD mn) 48,132.1 Oct 2025 monthly Jul 2004 - Oct 2025
External Debt: % of GDP (%) 169.8 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.079 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -76,500.694 Jun 2025 quarterly Mar 2002 - Jun 2025
Balance of Payment (BoP): Current Account (CA) (PAB mn) 824.140 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Credit (PAB mn) 4,331.072 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financial Account (FA) (PAB mn) 1,446.866 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Credit (PAB mn) 1,000.008 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Direct Investment (PAB mn) 674.772 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Net Errors and Omissions (PAB mn) -2,237.755 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Debit (PAB mn) -5,833.509 Sep 2024 quarterly Mar 2013 - Sep 2024
International Investment Position (IIP) (USD mn) -78,418.321 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 Sep 2024 quarterly Mar 2015 - Sep 2024
Foreign Direct Investment (FDI) (PAB mn) 726.814 Sep 2024 quarterly Mar 2013 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Oct 2025 monthly Dec 2008 - Oct 2025
Household Debt: % of GDP (%) 37.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Non-Performing Loans (USD mn) 1,501.738 Oct 2025 monthly Dec 2008 - Oct 2025
Money Supply M1 (USD mn) 9,045.180 Sep 2025 monthly Dec 2002 - Sep 2025
Money Supply M2 (USD mn) 45,621.300 Sep 2025 monthly Dec 2002 - Sep 2025
M2 Growth (%) 9.7 Sep 2025 monthly Dec 2003 - Sep 2025
Foreign Exchange Reserves (USD mn) 4,972.0 Oct 2025 monthly Oct 1969 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 4.744 Jun 2025 quarterly Dec 2007 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 3.1 Sep 2025 monthly Jan 2000 - Sep 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 115,289.651 Oct 2025 monthly Dec 1998 - Oct 2025
Total Deposits Growth (%) 5.9 Oct 2025 monthly Dec 1999 - Oct 2025
Domestic Credit (USD mn) 65,123.3 Oct 2025 monthly Dec 2001 - Oct 2025
Domestic Credit Growth (%) 1.6 Oct 2025 monthly Dec 2002 - Oct 2025
Household Debt (USD mn) 33,838.9 Oct 2025 monthly Oct 2005 - Oct 2025
Total Loans (USD mn) 102,246.063 Oct 2025 monthly Dec 1998 - Oct 2025
Total Loans Growth (%) 5.29 Oct 2025 monthly Dec 1999 - Oct 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 45,621.300 Sep 2025 monthly Dec 2002 - Sep 2025
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,436.337 Oct 2025 monthly Dec 2002 - Oct 2025

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