Bank credit to bank deposits (%) in Panama
Panama: Bank credit to bank deposits (%) was 144.9% in 2021. ▼ Falling
Bank credit to bank deposits in Panama, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in Panama is 144.9%, measured in 2021.
Compared with earlier readings it is up 22.9% on the previous year and up 41.6% over ten years.
Over the whole period, bank credit to bank deposits in Panama peaked at 217.5% in 1974 and was at its lowest, 94.3%, in 2009.
That places Panama 10th out of 186 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently falling across the 62 years of available data.
Bank credit to bank deposits (%) in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 134.3% | — |
| 1961 | 131.8% | -1.9% |
| 1962 | 124.1% | -5.8% |
| 1963 | 113.1% | -8.9% |
| 1964 | 138.0% | +22.1% |
| 1965 | 138.8% | +0.5% |
| 1966 | 132.1% | -4.8% |
| 1967 | 130.4% | -1.3% |
| 1968 | 122.6% | -6.0% |
| 1969 | 137.7% | +12.3% |
| 1970 | 145.9% | +6.0% |
| 1971 | 164.9% | +13.0% |
| 1972 | 177.3% | +7.6% |
| 1973 | 193.3% | +9.0% |
| 1974 | 217.5% | +12.5% |
| 1975 | 192.1% | -11.7% |
| 1976 | 186.3% | -3.0% |
| 1977 | 169.8% | -8.8% |
| 1978 | 155.2% | -8.6% |
| 1979 | 149.2% | -3.9% |
| 1980 | 142.5% | -4.5% |
| 1981 | 144.0% | +1.1% |
| 1982 | 129.6% | -10.0% |
| 1983 | 128.7% | -0.7% |
| 1984 | 123.2% | -4.3% |
| 1985 | 121.4% | -1.5% |
| 1986 | 124.2% | +2.3% |
| 1987 | 130.9% | +5.4% |
| 1988 | 142.8% | +9.1% |
| 1989 | 146.5% | +2.6% |
| 1990 | 108.3% | -26.0% |
| 1991 | 100.5% | -7.2% |
| 1992 | 98.2% | -2.2% |
| 1993 | 102.7% | +4.6% |
| 1994 | 104.4% | +1.6% |
| 1995 | 110.0% | +5.3% |
| 1996 | 111.3% | +1.2% |
| 1997 | 112.3% | +0.9% |
| 1998 | 119.8% | +6.7% |
| 1999 | 128.2% | +7.0% |
| 2000 | 124.4% | -3.0% |
| 2001 | 124.3% | -0.1% |
| 2002 | 107.8% | -13.3% |
| 2003 | 103.4% | -4.0% |
| 2004 | 102.6% | -0.8% |
| 2005 | 108.2% | +5.5% |
| 2006 | 99.3% | -8.2% |
| 2007 | 101.6% | +2.3% |
| 2008 | 102.4% | +0.7% |
| 2009 | 94.3% | -7.9% |
| 2010 | 96.2% | +2.0% |
| 2011 | 102.3% | +6.4% |
| 2012 | 106.0% | +3.6% |
| 2013 | 109.2% | +3.0% |
| 2014 | 111.9% | +2.5% |
| 2015 | 119.5% | +6.8% |
| 2016 | 123.7% | +3.5% |
| 2017 | 127.2% | +2.8% |
| 2018 | 128.2% | +0.8% |
| 2019 | 129.0% | +0.6% |
| 2020 | 117.9% | -8.6% |
| 2021 | 144.9% | +22.9% |
Panama compared with similar countries
- Panama's 144.9% is above the median for high income countries, which is 81.6%, 1.8× the median. (61 countries reporting)
- Panama's 144.9% is above the median for Latin America & Caribbean, which is 76.2%, 1.9× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 130.3% | 113.1% | 138.8% | 10 |
| 1970s | 175.1% | 145.9% | 217.5% | 10 |
| 1980s | 133.4% | 121.4% | 146.5% | 10 |
| 1990s | 109.6% | 98.2% | 128.2% | 10 |
| 2000s | 106.8% | 94.3% | 124.4% | 10 |
| 2010s | 115.3% | 96.2% | 129.0% | 10 |
| 2020s | 131.4% | 117.9% | 144.9% | 2 |
Countries ranked near Panama
More financial sector data for Panama
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 16.3 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 11.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 16.3 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Panama?
- Bank credit to bank deposits in Panama was 144.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Panama?
- The highest recorded value was 217.5% in 1974.
- What is the lowest bank credit to bank deposits recorded in Panama?
- The lowest recorded value was 94.3% in 2009.
- How does Panama rank for bank credit to bank deposits?
- Panama ranks 10th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Panama?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).