Panama vs Sub-Saharan Africa (excluding high income): Domestic credit to private sector (% of GDP) (Domestic International)
Domestic credit to private sector (% of GDP) (Domestic International) over time
- Panama
- Sub-Saharan Africa (excluding high income)
How they compare
Panama currently reports 75.5% against 31.7% in Sub-Saharan Africa (excluding high income), a difference of 43.8%.
That makes Panama's figure about 2.4 times Sub-Saharan Africa (excluding high income)'s.
Across all 14 years both countries report, Panama has been ahead every year.
Panama ranks 36th and Sub-Saharan Africa (excluding high income) ranks 36th of 187 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 80.7% | 42.7% | 38.0% | Panama |
| 2020s | 86.4% | 31.4% | 55.0% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Panama or Sub-Saharan Africa (excluding high income)?
- Panama, at 75.5% against 31.7% in Sub-Saharan Africa (excluding high income) as of 2025.
- What is the difference in domestic credit to private sector between Panama and Sub-Saharan Africa (excluding high income)?
- 43.8%, with Panama ahead.
- How many years of comparable data are there for Panama and Sub-Saharan Africa (excluding high income)?
- 14 years are reported by both, from 2010 to 2023.
- How do Panama and Sub-Saharan Africa (excluding high income) rank globally for domestic credit to private sector?
- Panama ranks 36th and Sub-Saharan Africa (excluding high income) ranks 36th of 187 countries.
- 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.
Individual pages
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.