It is important to note that the final demand components are crucial to measure the growth of the Gross Domestic Product, so the objective of this research is to quantify the quarterly and annual contribution of private consumption, public consumption, gross capital formation and the external sector. In the methodology adopted, the application of input-output tables is intertwined with regard to the estimation of the components of final demand in domestic terms; with valuation techniques whose purpose is to achieve its evolution in terms of its quarterly and annual growth; at the same time to obtain the respective contributions of the final demand components.
The results show that the Panamanian economy is in the process of stabilization, by getting gross capital formation to return to the pre-pandemic position and strongly boost the growth of the Gross Domestic Product; at the same time as changing the trend in favor of the external sector, mainly by exports of services resulting from the expansion of the Panama Canal; All this displaces the position of international organizations that project a growth of 2.5% downwards.
