Iceland vs Panama: Bank credit to bank deposits
Iceland
146.2%
in 2021
Panama
144.9%
in 2021
Iceland rank
9th
Panama rank
10th
Bank credit to bank deposits over time
- Iceland
- Panama
How they compare
Iceland currently reports 146.2% against 144.9% in Panama, a difference of 1.3%.
The two have swapped places 4 times across 62 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 9th and Panama ranks 10th of 186 countries.
Across the 7 decades both report, Iceland averaged higher in 5 and Panama in 2.
Head to head by decade
| Decade | Iceland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 113.2% | 130.3% | 17.1% | Panama |
| 1970s | 108.5% | 175.1% | 66.6% | Panama |
| 1980s | 152.0% | 133.4% | 18.6% | Iceland |
| 1990s | 139.7% | 109.6% | 30.1% | Iceland |
| 2000s | 255.5% | 106.8% | 148.6% | Iceland |
| 2010s | 145.2% | 115.3% | 29.8% | Iceland |
| 2020s | 145.1% | 131.4% | 13.7% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank credit to bank deposits, Iceland or Panama?
- Iceland, at 146.2% against 144.9% in Panama as of 2021.
- What is the difference in bank credit to bank deposits between Iceland and Panama?
- 1.3%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Panama?
- 62 years are reported by both, from 1960 to 2021.
- How do Iceland and Panama rank globally for bank credit to bank deposits?
- Iceland ranks 9th and Panama ranks 10th of 186 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank credit to bank deposits (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).