There are several major economic factors that determine the long-run level and growth of a country’s economy. Assets
such as natural resources, larger well-educated populations and energy resources are critical. However, all other things
being equal, the level of air connectivity can also have an impact on long-run economic performance. IATA estimates that
Panama would receive a US$12 million per annum increase in its GDP from each 10% increase in connectivity, relative
to GDP. This highlights not only the constraint that relatively low connectivity can place on economic growth, but also
the substantial economic benefits that have been generated through increases in Panama’s connectivity levels.