Armenia vs Panama: Domestic credit provided by financial sector
Domestic credit provided by financial sector over time
- Armenia
- Panama
How they compare
Panama currently reports 89.8% against 83.0% in Armenia, a difference of 6.8%.
That makes Panama's figure about 1.1 times Armenia's.
Across all 11 years both countries report, Panama has been ahead every year.
Armenia ranks 19th and Panama ranks 17th of 65 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 48.9% | 76.8% | 27.9% | Panama |
| 2020s | 83.4% | 89.8% | 6.4% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit provided by financial sector, Armenia or Panama?
- Panama, at 89.8% against 83.0% in Armenia as of 2020.
- What is the difference in domestic credit provided by financial sector between Armenia and Panama?
- 6.8%, with Panama ahead.
- How many years of comparable data are there for Armenia and Panama?
- 11 years are reported by both, from 2010 to 2020.
- How do Armenia and Panama rank globally for domestic credit provided by financial sector?
- Armenia ranks 19th and Panama ranks 17th of 65 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit provided by financial sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.