Capital account balance (credit less debit), Net (credits less) in Panama
Panama: Capital account balance (credit less debit), Net (credits less) was 2.65 million in 2024. ◆ Volatile
Capital account balance (credit less debit), Net (credits less debits) in Panama, 2005–2024
Source: International Monetary Fund.
Analysis
Panama recorded 2.65 million for capital account balance (credit less debit), net (credits less debits) in 2024. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 71.1% on the previous year and down 89.1% over ten years.
Over the whole period, capital account balance (credit less debit), net (credits less debits) in Panama peaked at 56.90 million in 2008 and was at its lowest, 2.65 million, in 2024.
That places Panama 126th out of 193 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Capital account balance (credit less debit), Net (credits less) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 15.80 million | — |
| 2006 | 15.20 million | -3.8% |
| 2007 | 43.70 million | +187.5% |
| 2008 | 56.90 million | +30.2% |
| 2009 | 30.00 million | -47.3% |
| 2010 | 42.50 million | +41.7% |
| 2011 | 22.10 million | -48.0% |
| 2012 | 16.50 million | -25.3% |
| 2013 | 26.40 million | +60.0% |
| 2014 | 24.20 million | -8.3% |
| 2015 | 26.90 million | +11.2% |
| 2016 | 24.01 million | -10.7% |
| 2017 | 25.21 million | +5.0% |
| 2018 | 22.65 million | -10.2% |
| 2019 | 22.12 million | -2.3% |
| 2020 | 11.09 million | -49.8% |
| 2021 | 4.31 million | -61.1% |
| 2022 | 8.86 million | +105.5% |
| 2023 | 9.17 million | +3.4% |
| 2024 | 2.65 million | -71.1% |
Panama compared with similar countries
- Panama's 2.65 million is above the median for high income countries, which is 1.17 million, 2.3× the median. (69 countries reporting)
- Panama's 2.65 million is below the median for Latin America & Caribbean, which is 6.26 million, 42% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.32 million | 15.20 million | 56.90 million | 5 |
| 2010s | 25.26 million | 16.50 million | 42.50 million | 10 |
| 2020s | 7.22 million | 2.65 million | 11.09 million | 5 |
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 capital account balance (credit less debit), net (credits less debits) in Panama?
- Capital account balance (credit less debit), net (credits less debits) in Panama was 2.65 million in 2024, according to International Monetary Fund.
- What is the highest capital account balance (credit less debit), net (credits less debits) recorded in Panama?
- The highest recorded value was 56.90 million in 2008.
- What is the lowest capital account balance (credit less debit), net (credits less debits) recorded in Panama?
- The lowest recorded value was 2.65 million in 2024.
- How does Panama rank for capital account balance (credit less debit), net (credits less debits)?
- Panama ranks 126th out of 193 countries with data for 2024.
- Is capital account balance (credit less debit), net (credits less debits) rising or falling in Panama?
- Over the last ten years it is down 89.1%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Capital account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.