Numbers of the Internal Gross Product of The Republic of Panama at current and constant prices: year: 2007
I. GDP AT CURRENT PRICES (NOMINAL) ANNUAL:
Construction
The added annual value of the construction, it presented a joint increase of 19.6 per cent, composed by the production of market of works of construction that 19.8 per cent increased and for the construction for final proper use, which brought a rise of 15.5 per cent.
The supported growth of the sector, is an effect of the execution of investments public and private roads in residential, not residential projects and other works of civil engineering, which understand the works of the second phase of the north broker, the advance in the construction of the second stretch of the freeway Panama - Columbus, the investments realized by the Authority of the Canal of Panama, the projects of enlargement and rehabilitation of road infrastructures that there takes forward the Government and the expansion of the principal ports of the country.
Of the most important indicators linked to this activity, the permissions of construction increased in 29.3 per cent and the production of concrete premixed in 15.6 per cent.
Financial intermediation:
The category of financial intermediation showed an annual growth of 18.7 per cent, explained by the high performance of the bank activities and of co-operatives of saving and credit (other types of monetary intermediation), which climbed in 21.5 per cent.
The added value of the bank activity benefited for the dynamism of the financing of the general and official banking of licenses, principally for the increase of the services given to the external sector; in addition to the increase in the activity of other financial, such intermediaries as the financiers, with a good performance of the credit portfolio, fundamentally the mortgage one, that of personal consumption and TV/radio commercial.
The insurance activity during the year grew 3.8 per cent, for the increase in the branches of life, automobile, fire, health and deposits; in turn, an increase registered in the indemnifications for catastrophes.
Real estate, managerial activities and of rent:
this category presented a global annual increase of 7.3 per cent, for the increase of the production of market and that of final proper use, which allowed a major offer of residential units.
The real estate activity of market, he benefited in 9.4 per cent, for the selling of houses, apartments and for the rent of commercial places, for different levels of income. For his{your} part, the real estate activity of final proper use (property of housing), increased in 5.9 per cent, favored by the impulse of the buildings in the years previous.
Assets of the Bank Center promote to B/70,458 million during the first trimester of 2008 The consolidated assets of the Bank Center climb to B/70,458 million, what they represent an increase of 33.6 %, in accordance with executive report of the first trimester of 2008.
The favorable performance of the bank activity during this first trimester turns out to be reflected also with the growth of 29.1 % of the clear consolidated utility, product of the good financial condition of the system. In this period, the increase of the internal credit to the sector deprived (18 %) keeps on sustaining in the increase of the base of local saving (17.8 %), whereas the commercial credit (21.5 %), I consume (16.0 %), temporary financing (38.6 %) and the mortgage one (6.5 %), they are supported as the principal engines of growth.
The indicators on quality of portfolio do not show deteriorations and the tendency supports print and substantive progress stands out in case of the official banks. In accordance with the report, the liquidity supports a positive tendency and the individuals' receptions of the local market increase in 17.8 %. Also, the level of capital adequacy is supported in 14 %, with special fortitude in the banks of private Panamanian capital.
The valuations of interest present a tendency towards the fall, especially the passive valuations, which corresponds to the international valuations and they consolidate the financial margin of the system. The international operation of the Center has not turned out to be affected by the restrictions of liquidity on a global scale.
The external credit (37.1 %) and the external receptions (30.4 %) they support a positive tendency to the first trimester.
For major information about the results of the bank center Node visits our Web page www.superbancos.gob.pa: General, Economic and Statistical information / Statistical / Statistical Reports / Reports EstadÃsticos/Año2008





