Broad money to total reserves ratio (International Financial) in Panama
Panama: Broad money to total reserves ratio (International Financial) was 8.09 in 2008. ▼ Falling
Broad money to total reserves ratio in Panama, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Panama recorded 8.09 for broad money to total reserves ratio in 2008.
Compared with earlier readings it is down 8.5% on the previous year and down 2.3% over ten years.
Over the whole period, broad money to total reserves ratio in Panama peaked at 29.72 in 1987 and was at its lowest, 5.96, in 1997.
Panama ranks 20th of 159 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Broad money to total reserves ratio (International Financial) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 9.46 | — |
| 1961 | 15.27 | +61.4% |
| 1962 | 18.37 | +20.3% |
| 1963 | 14.9 | -18.9% |
| 1964 | 20.85 | +40.0% |
| 1965 | 21.76 | +4.4% |
| 1966 | 25.11 | +15.4% |
| 1967 | 26.85 | +6.9% |
| 1968 | 18.6 | -30.7% |
| 1969 | 13.94 | -25.1% |
| 1970 | 16.27 | +16.8% |
| 1971 | 14.38 | -11.7% |
| 1972 | 9.11 | -36.6% |
| 1973 | 10.66 | +17.0% |
| 1974 | 13.5 | +26.7% |
| 1975 | 18.76 | +38.9% |
| 1976 | 8.75 | -53.4% |
| 1977 | 11.29 | +29.1% |
| 1978 | 6.35 | -43.8% |
| 1979 | 9.9 | +56.0% |
| 1980 | 12.53 | +26.5% |
| 1981 | 14.58 | +16.4% |
| 1982 | 19.51 | +33.7% |
| 1983 | 9.73 | -50.1% |
| 1984 | 10.01 | +2.9% |
| 1985 | 23.17 | +131.5% |
| 1986 | 14.08 | -39.2% |
| 1987 | 29.72 | +111.1% |
| 1988 | 23.42 | -21.2% |
| 1989 | 13.87 | -40.8% |
| 1990 | 6.59 | -52.5% |
| 1991 | 5.99 | -9.0% |
| 1992 | 7.45 | +24.2% |
| 1993 | 7.48 | +0.4% |
| 1994 | 7.34 | -1.8% |
| 1995 | 7.17 | -2.3% |
| 1996 | 6.94 | -3.2% |
| 1997 | 5.96 | -14.1% |
| 1998 | 8.28 | +38.9% |
| 1999 | 10.42 | +25.8% |
| 2000 | 12.96 | +24.4% |
| 2001 | 9.25 | -28.6% |
| 2002 | 8.4 | -9.3% |
| 2003 | 10.17 | +21.1% |
| 2004 | 17.61 | +73.2% |
| 2005 | 9.96 | -43.4% |
| 2006 | 11.05 | +10.9% |
| 2007 | 8.84 | -20.0% |
| 2008 | 8.09 | -8.5% |
Panama compared with similar countries
- Panama's 8.09 is above the median for high income countries, which is 3.49, 2.3× the median. (41 countries reporting)
- Panama's 8.09 is above the median for Latin America & Caribbean, which is 3.56, 2.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.51 | 9.46 | 26.85 | 10 |
| 1970s | 11.9 | 6.35 | 18.76 | 10 |
| 1980s | 17.06 | 9.73 | 29.72 | 10 |
| 1990s | 7.36 | 5.96 | 10.42 | 10 |
| 2000s | 10.7 | 8.09 | 17.61 | 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 to total reserves ratio in Panama?
- Broad money to total reserves ratio in Panama was 8.09 in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Panama?
- The highest recorded value was 29.72 in 1987.
- What is the lowest broad money to total reserves ratio recorded in Panama?
- The lowest recorded value was 5.96 in 1997.
- How does Panama rank for broad money to total reserves ratio?
- Panama ranks 20th out of 159 countries with data for 2008.
- Is broad money to total reserves ratio rising or falling in Panama?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is falling.
- 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 to total reserves ratio. Statizoid updates them automatically from the source API.
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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. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).