Bank Z-score in Panama
Panama: Bank Z-score was 40.39 in 2021. ▬ Flat
Bank Z-score in Panama, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
The most recent figure for bank z-score in Panama is 40.39, measured in 2021.
The figure is up 6.1% on the previous year and up 13.4% over ten years.
Over the whole period, bank z-score in Panama peaked at 43.74 in 2003 and was at its lowest, 29.7, in 2013.
Panama ranks 6th of 170 countries on this measure, in the top 10%.
Bank Z-score in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 35.93 | — |
| 2001 | 36.81 | +2.5% |
| 2002 | 39.84 | +8.2% |
| 2003 | 43.74 | +9.8% |
| 2004 | 41.28 | -5.6% |
| 2005 | 40.05 | -3.0% |
| 2006 | 37.03 | -7.5% |
| 2007 | 41.26 | +11.4% |
| 2008 | 38.53 | -6.6% |
| 2009 | 34.15 | -11.4% |
| 2010 | 34.57 | +1.2% |
| 2011 | 35.61 | +3.0% |
| 2012 | 31.79 | -10.7% |
| 2013 | 29.7 | -6.6% |
| 2014 | 31.21 | +5.1% |
| 2015 | 38.63 | +23.8% |
| 2016 | 38.68 | +0.1% |
| 2017 | 40.27 | +4.1% |
| 2018 | 41.44 | +2.9% |
| 2019 | 43.1 | +4.0% |
| 2020 | 38.07 | -11.7% |
| 2021 | 40.39 | +6.1% |
Panama compared with similar countries
- Panama's 40.39 is above the median for high income countries, which is 15.34, 2.6× the median. (63 countries reporting)
- Panama's 40.39 is above the median for Latin America & Caribbean, which is 15.48, 2.6× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.86 | 34.15 | 43.74 | 10 |
| 2010s | 36.5 | 29.7 | 43.1 | 10 |
| 2020s | 39.23 | 38.07 | 40.39 | 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 z-score in Panama?
- Bank z-score in Panama was 40.39 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Panama?
- The highest recorded value was 43.74 in 2003.
- What is the lowest bank z-score recorded in Panama?
- The lowest recorded value was 29.7 in 2013.
- How does Panama rank for bank z-score?
- Panama ranks 6th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in Panama?
- Over the last ten years it is up 13.4%. The long-run trend across the full record is flat.
- Where does this Panama data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.