Deposit money banks'' assets to GDP in Panama

Panama: Deposit money banks'' assets to GDP was 88.9% in 2021. ▲ Rising

Latest (2021)
88.9%
Change on year
down 12.8%
World rank
49th
of 187 countries
All-time high
101.9%
in 2020
All-time low
8.9%
in 1961
Years of data
62
1960–2021

Deposit money banks'' assets to GDP in Panama, 1960–2021

020406080100196019902021

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

Analysis

The most recent figure for deposit money banks'' assets to gdp in Panama is 88.9%, measured in 2021.

Compared with earlier readings it is down 12.8% on the previous year and up 11.5% over ten years.

Over the whole period, deposit money banks'' assets to gdp in Panama peaked at 101.9% in 2020 and was at its lowest, 8.9%, in 1961.

That places Panama 49th out of 187 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 62 years of available data.

Deposit money banks'' assets to GDP in Panama, year by year

Annual values for Deposit money banks'' assets to GDP (%) in Panama, 1960 to 2021.
Year % Change
1960 9.0%
1961 8.9% -0.5%
1962 9.2% +3.4%
1963 9.6% +3.9%
1964 10.6% +10.7%
1965 12.3% +15.9%
1966 13.6% +10.5%
1967 15.3% +12.2%
1968 16.9% +10.6%
1969 19.7% +16.8%
1970 25.1% +27.1%
1971 29.6% +18.2%
1972 36.3% +22.6%
1973 40.7% +12.0%
1974 50.6% +24.4%
1975 55.1% +8.9%
1976 54.3% -1.4%
1977 55.1% +1.5%
1978 48.6% -11.8%
1979 48.3% -0.7%
1980 46.8% -3.0%
1981 48.8% +4.2%
1982 46.1% -5.6%
1983 45.8% -0.6%
1984 45.0% -1.6%
1985 43.7% -3.0%
1986 44.4% +1.7%
1987 43.0% -3.3%
1988 39.7% -7.7%
1989 39.3% -0.8%
1990 37.2% -5.5%
1991 41.6% +11.8%
1992 45.1% +8.5%
1993 50.5% +12.1%
1994 55.4% +9.7%
1995 61.8% +11.4%
1996 65.1% +5.4%
1997 69.0% +6.0%
1998 78.6% +13.9%
1999 87.8% +11.7%
2000 91.5% +4.2%
2001 95.8% +4.8%
2002 80.8% -15.7%
2003 77.1% -4.6%
2004 75.4% -2.2%
2005 78.4% +4.0%
2006 80.4% +2.5%
2007 80.9% +0.6%
2008 79.9% -1.2%
2009 75.8% -5.2%
2010 80.0% +5.5%
2011 79.7% -0.4%
2012 79.2% -0.6%
2013 64.3% -18.8%
2014 80.3% +24.8%
2015 82.5% +2.8%
2016 83.6% +1.3%
2017 83.8% +0.2%
2018 83.2% -0.6%
2019 82.7% -0.6%
2020 101.9% +23.2%
2021 88.9% -12.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 12.5% 8.9% 19.7% 10
1970s 44.4% 25.1% 55.1% 10
1980s 44.3% 39.3% 48.8% 10
1990s 59.2% 37.2% 87.8% 10
2000s 81.6% 75.4% 95.8% 10
2010s 79.9% 64.3% 83.8% 10
2020s 95.4% 88.9% 101.9% 2

Countries ranked near Panama

  1. 46 Oman 93.3% compare
  2. 47 Bahamas 93.2% compare
  3. 48 Chile 90.3% compare
  4. 50 Türkiye 88.8% compare
  5. 51 Tunisia 86.6% compare
  6. 52 Belgium 83.0% compare

See the full ranking of 187 places →

More financial sector data for Panama

All data for Panama →

Frequently asked questions

What is deposit money banks'' assets to gdp in Panama?
Deposit money banks'' assets to gdp in Panama was 88.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest deposit money banks'' assets to gdp recorded in Panama?
The highest recorded value was 101.9% in 2020.
What is the lowest deposit money banks'' assets to gdp recorded in Panama?
The lowest recorded value was 8.9% in 1961.
How does Panama rank for deposit money banks'' assets to gdp?
Panama ranks 49th out of 187 countries with data for 2021.
Is deposit money banks'' assets to gdp rising or falling in Panama?
Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.

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Deposit money banks'' assets to GDP in Panama. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 06 September 2026, from https://financial-sector.statizoid.com/stat/deposit-money-banks-assets-to-gdp-percent/panama/

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About this data

Indicator
Deposit money banks'' assets to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,670 data points, 1960–2021
Last refreshed

Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).