Latin America & Caribbean (excluding high income) vs Panama: Domestic credit to private sector
Domestic credit to private sector over time
- Latin America & Caribbean (excluding high income)
- Panama
How they compare
Panama currently reports 100.2% against 50.1% in Latin America & Caribbean (excluding high income), a difference of 50.1%.
That makes Panama's figure about 2.0 times Latin America & Caribbean (excluding high income)'s.
Across all 11 years both countries report, Panama has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 27th and Panama ranks 25th of 47 groups.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 43.7% | 80.7% | 37.0% | Panama |
| 2020s | 49.9% | 100.2% | 50.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Latin America & Caribbean (excluding high income) or Panama?
- Panama, at 100.2% against 50.1% in Latin America & Caribbean (excluding high income) as of 2020.
- What is the difference in domestic credit to private sector between Latin America & Caribbean (excluding high income) and Panama?
- 50.1%, with Panama ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Panama?
- 11 years are reported by both, from 2010 to 2020.
- How do Latin America & Caribbean (excluding high income) and Panama rank globally for domestic credit to private sector?
- Latin America & Caribbean (excluding high income) ranks 27th and Panama ranks 25th of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), 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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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include 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.