Deposit Rate, Percent per annum in Panama
Panama: Deposit Rate, Percent per annum was 2.8 in 2006. ▼ Falling
Deposit Rate, Percent per annum in Panama, 1986–2006
Source: International Monetary Fund.
Analysis
Panama recorded 2.8 for deposit rate, percent per annum in 2006.
The figure is up 3.9% on the previous year and down 61.1% over ten years.
Over the whole period, deposit rate, percent per annum in Panama peaked at 8.49 in 1989 and was at its lowest, 2.23, in 2004.
That places Panama 79th out of 143 countries with data for 2006, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Deposit Rate, Percent per annum in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1986 | 6.5 | — |
| 1987 | 6.59 | +1.4% |
| 1988 | 7.54 | +14.4% |
| 1989 | 8.49 | +12.6% |
| 1990 | 8.4 | -1.1% |
| 1991 | 7.73 | -8.0% |
| 1992 | 5.67 | -26.6% |
| 1993 | 5.9 | +4.0% |
| 1994 | 6.11 | +3.6% |
| 1995 | 7.17 | +17.4% |
| 1996 | 7.2 | +0.3% |
| 1997 | 7.03 | -2.3% |
| 1998 | 6.76 | -3.8% |
| 1999 | 6.92 | +2.4% |
| 2000 | 7.07 | +2.1% |
| 2001 | 6.83 | -3.4% |
| 2002 | 4.96 | -27.3% |
| 2003 | 3.98 | -19.9% |
| 2004 | 2.23 | -43.8% |
| 2005 | 2.69 | +20.6% |
| 2006 | 2.8 | +3.9% |
Panama compared with similar countries
- Panama's 2.8 is above the median for high income countries, which is 1.58, 1.8× the median. (34 countries reporting)
- Panama's 2.8 is below the median for Latin America & Caribbean, which is 3.43, 82% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Deposit Rate, Percent per annum in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | -43.8% | 3.98 | 2.23 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.28 | 6.5 | 8.49 | 4 |
| 1990s | 6.89 | 5.67 | 8.4 | 10 |
| 2000s | 4.37 | 2.23 | 7.07 | 7 |
Countries ranked near Panama
- 76 Paraguay 3.42 compare
- 77 Guinea 3.33 compare
- 78 Norway 3.21
- 80 South Korea 2.73 compare
- 81 North Macedonia 2.72
- 82 Morocco 2.68 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 deposit rate, percent per annum in Panama?
- Deposit rate, percent per annum in Panama was 2.8 in 2006, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Panama?
- The highest recorded value was 8.49 in 1989.
- What is the lowest deposit rate, percent per annum recorded in Panama?
- The lowest recorded value was 2.23 in 2004.
- How does Panama rank for deposit rate, percent per annum?
- Panama ranks 79th out of 143 countries with data for 2006.
- Is deposit rate, percent per annum 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 Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.