Italy vs Panama: Private credit by deposit money banks to GDP

Italy
77.7%
in 2021
Panama
83.1%
in 2021
Italy rank
42nd
Panama rank
39th

Private credit by deposit money banks to GDP over time

  • Italy
  • Panama
020406080100196019902021

How they compare

Panama currently reports 83.1% against 77.7% in Italy, a difference of 5.4%.

That makes Panama's figure about 1.1 times Italy's.

The two have swapped places 3 times across 57 shared years of data; in 1963 it was Italy ahead.

Italy ranks 42nd and Panama ranks 39th of 187 countries.

Across the 7 decades both report, Italy averaged higher in 5 and Panama in 2.

Head to head by decade

Decade Italy Panama Difference Ahead
1960s 59.8% 13.9% 45.9% Italy
1970s 66.5% 40.1% 26.4% Italy
1980s 49.2% 39.8% 9.5% Italy
1990s 54.8% 54.7% 0.1% Italy
2000s 72.6% 77.3% 4.7% Panama
2010s 86.0% 75.4% 10.6% Italy
2020s 79.9% 89.4% 9.5% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Italy or Panama?
Panama, at 83.1% against 77.7% in Italy as of 2021.
What is the difference in private credit by deposit money banks to gdp between Italy and Panama?
5.4%, with Panama ahead.
How many years of comparable data are there for Italy and Panama?
57 years are reported by both, from 1963 to 2021.
How do Italy and Panama rank globally for private credit by deposit money banks to gdp?
Italy ranks 42nd and Panama ranks 39th of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Panama: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/italy/panama/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).