Broad money in Panama
Panama: Broad money was 19.60 billion current LCU in 2008. ◆ Volatile
Broad money in Panama, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2008, broad money in Panama stood at 19.60 billion current LCU. That is the highest value across all 49 years on record.
That represents a change of up 14.6% on the previous year and up 148.0% over ten years.
Over the whole period, broad money in Panama peaked at 19.60 billion current LCU in 2008 and was at its lowest, 70.30 million current LCU, in 1960.
That places Panama 139th out of 167 countries with data for 2008, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 70.30 million current LCU | — |
| 1961 | 75.30 million current LCU | +7.1% |
| 1962 | 86.90 million current LCU | +15.4% |
| 1963 | 110.70 million current LCU | +27.4% |
| 1964 | 104.90 million current LCU | -5.2% |
| 1965 | 124.70 million current LCU | +18.9% |
| 1966 | 148.90 million current LCU | +19.4% |
| 1967 | 180.70 million current LCU | +21.4% |
| 1968 | 206.50 million current LCU | +14.3% |
| 1969 | 196.50 million current LCU | -4.8% |
| 1970 | 256.30 million current LCU | +30.4% |
| 1971 | 302.20 million current LCU | +17.9% |
| 1972 | 392.90 million current LCU | +30.0% |
| 1973 | 444.50 million current LCU | +13.1% |
| 1974 | 530.80 million current LCU | +19.4% |
| 1975 | 646.10 million current LCU | +21.7% |
| 1976 | 690.60 million current LCU | +6.9% |
| 1977 | 800.30 million current LCU | +15.9% |
| 1978 | 954.70 million current LCU | +19.3% |
| 1979 | 1.18 billion current LCU | +23.1% |
| 1980 | 1.47 billion current LCU | +25.1% |
| 1981 | 1.75 billion current LCU | +18.9% |
| 1982 | 1.97 billion current LCU | +12.6% |
| 1983 | 2.01 billion current LCU | +2.1% |
| 1984 | 2.16 billion current LCU | +7.3% |
| 1985 | 2.27 billion current LCU | +5.2% |
| 1986 | 2.40 billion current LCU | +5.5% |
| 1987 | 2.31 billion current LCU | -3.5% |
| 1988 | 1.69 billion current LCU | -26.9% |
| 1989 | 1.66 billion current LCU | -2.1% |
| 1990 | 2.26 billion current LCU | +36.7% |
| 1991 | 2.99 billion current LCU | +32.2% |
| 1992 | 3.76 billion current LCU | +25.6% |
| 1993 | 4.47 billion current LCU | +18.9% |
| 1994 | 5.17 billion current LCU | +15.8% |
| 1995 | 5.60 billion current LCU | +8.4% |
| 1996 | 6.01 billion current LCU | +7.3% |
| 1997 | 6.84 billion current LCU | +13.7% |
| 1998 | 7.90 billion current LCU | +15.5% |
| 1999 | 8.57 billion current LCU | +8.5% |
| 2000 | 9.37 billion current LCU | +9.3% |
| 2001 | 10.10 billion current LCU | +7.9% |
| 2002 | 9.93 billion current LCU | -1.7% |
| 2003 | 10.28 billion current LCU | +3.5% |
| 2004 | 11.11 billion current LCU | +8.0% |
| 2005 | 12.06 billion current LCU | +8.6% |
| 2006 | 14.75 billion current LCU | +22.3% |
| 2007 | 17.11 billion current LCU | +16.0% |
| 2008 | 19.60 billion current LCU | +14.6% |
Panama compared with similar countries
- Panama's 19.60 billion current LCU is below the median for high income countries, which is 1.81 trillion current LCU, 1% of the median. (41 countries reporting)
- Panama's 19.60 billion current LCU is below the median for Latin America & Caribbean, which is 220.40 billion current LCU, 9% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 130.54 million current LCU | 70.30 million current LCU | 206.50 million current LCU | 10 |
| 1970s | 619.40 million current LCU | 256.30 million current LCU | 1.18 billion current LCU | 10 |
| 1980s | 1.97 billion current LCU | 1.47 billion current LCU | 2.40 billion current LCU | 10 |
| 1990s | 5.36 billion current LCU | 2.26 billion current LCU | 8.57 billion current LCU | 10 |
| 2000s | 12.70 billion current LCU | 9.37 billion current LCU | 19.60 billion current LCU | 9 |
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 broad money in Panama?
- Broad money in Panama was 19.60 billion current LCU in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Panama?
- The highest recorded value was 19.60 billion current LCU in 2008.
- What is the lowest broad money recorded in Panama?
- The lowest recorded value was 70.30 million current LCU in 1960.
- How does Panama rank for broad money?
- Panama ranks 139th out of 167 countries with data for 2008.
- Is broad money rising or falling in Panama?
- Over the last ten years it is up 148.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.