Broad money (% of GDP) in Panama
Panama: Broad money (% of GDP) was 76.2% in 2008. ◆ Volatile
Broad money in Panama, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2008, broad money in Panama stood at 76.2%.
Compared with earlier readings it is down 3.3% on the previous year and up 6.3% over ten years.
Over the whole period, broad money in Panama peaked at 82.5% in 2001 and was at its lowest, 12.6%, in 1961.
That places Panama 52nd out of 167 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (% of GDP) in Panama, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 13.1% | — |
| 1961 | 12.6% | -4.0% |
| 1962 | 13.3% | +6.0% |
| 1963 | 15.3% | +14.9% |
| 1964 | 13.5% | -11.8% |
| 1965 | 14.6% | +8.2% |
| 1966 | 16.0% | +9.6% |
| 1967 | 17.5% | +9.0% |
| 1968 | 18.6% | +6.2% |
| 1969 | 16.1% | -13.3% |
| 1970 | 19.0% | +17.9% |
| 1971 | 19.8% | +4.5% |
| 1972 | 23.5% | +18.4% |
| 1973 | 23.2% | -1.1% |
| 1974 | 24.3% | +4.4% |
| 1975 | 26.5% | +9.4% |
| 1976 | 26.7% | +0.6% |
| 1977 | 29.2% | +9.5% |
| 1978 | 29.4% | +0.7% |
| 1979 | 31.7% | +7.8% |
| 1980 | 31.9% | +0.5% |
| 1981 | 33.5% | +5.1% |
| 1982 | 34.1% | +1.9% |
| 1983 | 34.0% | -0.5% |
| 1984 | 34.9% | +2.8% |
| 1985 | 34.7% | -0.6% |
| 1986 | 35.2% | +1.6% |
| 1987 | 33.9% | -3.9% |
| 1988 | 28.6% | -15.4% |
| 1989 | 28.0% | -2.3% |
| 1990 | 35.2% | +25.7% |
| 1991 | 42.3% | +20.2% |
| 1992 | 46.7% | +10.5% |
| 1993 | 50.9% | +8.9% |
| 1994 | 55.2% | +8.6% |
| 1995 | 58.5% | +6.0% |
| 1996 | 65.4% | +11.7% |
| 1997 | 68.0% | +4.0% |
| 1998 | 71.7% | +5.5% |
| 1999 | 73.5% | +2.5% |
| 2000 | 78.3% | +6.5% |
| 2001 | 82.5% | +5.4% |
| 2002 | 77.6% | -5.9% |
| 2003 | 75.6% | -2.6% |
| 2004 | 73.6% | -2.7% |
| 2005 | 72.5% | -1.4% |
| 2006 | 79.0% | +8.9% |
| 2007 | 78.8% | -0.3% |
| 2008 | 76.2% | -3.3% |
Panama compared with similar countries
- Panama's 76.2% is below the median for high income countries, which is 83.3%, 91% of the median. (41 countries reporting)
- Panama's 76.2% is above the median for Latin America & Caribbean, which is 65.4%, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.1% | 12.6% | 18.6% | 10 |
| 1970s | 25.3% | 19.0% | 31.7% | 10 |
| 1980s | 32.9% | 28.0% | 35.2% | 10 |
| 1990s | 56.7% | 35.2% | 73.5% | 10 |
| 2000s | 77.1% | 72.5% | 82.5% | 9 |
Countries ranked near Panama
- 49 Belize 77.5% compare
- 50 Egypt 77.3% compare
- 51 South Africa 76.9% compare
- 53 Antigua and Barbuda 76.2% compare
- 54 Algeria 75.1% compare
- 55 Trinidad and Tobago 74.3% compare
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 76.2% 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 82.5% in 2001.
- What is the lowest broad money recorded in Panama?
- The lowest recorded value was 12.6% in 1961.
- How does Panama rank for broad money?
- Panama ranks 52nd out of 167 countries with data for 2008.
- Is broad money rising or falling in Panama?
- Over the last ten years it is up 6.3%. 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 (% of GDP). 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 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.