The study quantifies the total economic contribution (direct, indirect and induced) of the Panama Canal to the Panamanian economy and evaluates the effects of different demand and investment scenarios that could affect the Canal's operations. For this, a version of the Social Accounting Matrix for Panama is estimated for the year 2022, an Employment Satellite Account, and an Input-Output model is developed. 

The results indicate that the Canal contributes 7.7% to the total annual GDP and represents 15.9% of the total annual exports, taking into account the combined direct, indirect and induced effects. 23.6% of the government's annual income is explained by the total contribution of the Canal's activity, with dividends received being the most relevant source of public income. 

In terms of employment, the Canal and its indirect and induced interactions with other sectors and economic agents generate almost 55 thousand jobs, equivalent to 2.9% of total employment in the base year. 

According to projections on the demand of the Canal, it is estimated that its activity will increase Panama's GDP by 3.45% in 2030, compared to 2022. Likewise, due to the activity of the Canal in the future, exports could increase by 5.78% and employment at 2.12% during the same period. 

Finally, the increase in public income, both from the payment of transit fares and other maritime services, is estimated to be 8.26% between 2023 and 2030.

Only available in Spanish.