Panama vs Spain: Domestic credit to private sector

Panama
105.9%
in 2020
Spain
108.5%
in 2020
Panama rank
28th
Spain rank
26th

Domestic credit to private sector over time

  • Panama
  • Spain
050100150200120102020

How they compare

Spain currently reports 108.5% against 105.9% in Panama, a difference of 2.6%.

Across all 11 years both countries report, Spain has been ahead every year.

Panama ranks 28th and Spain ranks 26th of 187 countries.

Spain has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Panama Spain Difference Ahead
2010s 83.3% 130.6% 47.3% Spain
2020s 105.9% 108.5% 2.6% Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector, Panama or Spain?
Spain, at 108.5% against 105.9% in Panama as of 2020.
What is the difference in domestic credit to private sector between Panama and Spain?
2.6%, with Spain ahead.
How many years of comparable data are there for Panama and Spain?
11 years are reported by both, from 2010 to 2020.
How do Panama and Spain rank globally for domestic credit to private sector?
Panama ranks 28th and Spain ranks 26th of 187 countries.
Where does this data come from?
World Development Indicators (WDI), World Bank, published as Domestic credit to private sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Spain: Domestic credit to private sector. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 14 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-percent-of-gdp-2/panama/spain/

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About this data

Indicator
Domestic credit to private sector (% of GDP)
Unit
% of GDP
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 6,721 data points, 1960–2020
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.