Deposit interest rate in Panama

Panama: Deposit interest rate was 2.8% in 2006. ▼ Falling

Latest (2006)
2.8%
Change on year
up 3.9%
World rank
84th
of 152 countries
All-time high
8.5%
in 1989
All-time low
2.2%
in 2004
Years of data
21
1986–2006

Deposit interest rate in Panama, 1986–2006

24681986199620061986: 6.5 %1987: 6.6 %1988: 7.5 %1989: 8.5 %1990: 8.4 %1991: 7.7 %1992: 5.7 %1993: 5.9 %1994: 6.1 %1995: 7.2 %1996: 7.2 %1997: 7 %1998: 6.8 %1999: 6.9 %2000: 7.1 %2001: 6.8 %2002: 5 %2003: 4 %2004: 2.2 %2005: 2.7 %2006: 2.8 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

In 2006, deposit interest rate in Panama stood at 2.8%.

That represents a change of up 3.9% on the previous year and down 61.1% over ten years.

Over the whole period, deposit interest rate in Panama peaked at 8.5% in 1989 and was at its lowest, 2.2%, in 2004.

Panama ranks 84th of 152 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.3% 6.5% 8.5% 4
1990s 6.9% 5.7% 8.4% 10
2000s 4.4% 2.2% 7.1% 7

Countries ranked near Panama

  1. 81 Guinea 3.3% compare
  2. 82 Norway 3.2% compare
  3. 83 Laos 3.0% compare
  4. 84 Aruba 2.8% compare
  5. 86 South Korea 2.7% compare
  6. 87 North Macedonia 2.7% compare

See the full ranking of 152 places →

More financial sector data for Panama

All data for Panama →

Frequently asked questions

What is deposit interest rate in Panama?
Deposit interest rate in Panama was 2.8% in 2006, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest deposit interest rate recorded in Panama?
The highest recorded value was 8.5% in 1989.
What is the lowest deposit interest rate recorded in Panama?
The lowest recorded value was 2.2% in 2004.
How does Panama rank for deposit interest rate?
Panama ranks 84th out of 152 countries with data for 2006.
Is deposit interest rate rising or falling in Panama?
Over the last ten years it is down 61.1%. 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 Deposit interest rate (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Deposit interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 4,967 data points, 1960–2025
Last refreshed

Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.