Iceland vs Panama: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Iceland
- Panama
How they compare
Panama currently reports 98.2% against 89.2% in Iceland, a difference of 9.0%.
That makes Panama's figure about 1.1 times Iceland's.
The two have swapped places 4 times across 61 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 25th and Panama ranks 22nd of 187 countries.
Across the 7 decades both report, Iceland averaged higher in 4 and Panama in 3.
Head to head by decade
| Decade | Iceland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 36.2% | 19.7% | 16.6% | Iceland |
| 1970s | 27.2% | 45.2% | 18.1% | Panama |
| 1980s | 34.9% | 45.0% | 10.1% | Panama |
| 1990s | 49.9% | 63.1% | 13.2% | Panama |
| 2000s | 170.8% | 85.5% | 85.4% | Iceland |
| 2010s | 104.1% | 79.2% | 24.9% | Iceland |
| 2020s | 98.4% | 98.2% | 0.2% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Iceland or Panama?
- Panama, at 98.2% against 89.2% in Iceland as of 2020.
- What is the difference in monetary sector credit to private sector between Iceland and Panama?
- 9.0%, with Panama ahead.
- How many years of comparable data are there for Iceland and Panama?
- 61 years are reported by both, from 1960 to 2020.
- How do Iceland and Panama rank globally for monetary sector credit to private sector?
- Iceland ranks 25th and Panama ranks 22nd of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% 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, 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. 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.