Domestic credit provided by financial sector (% of GDP) in Panama
Panama: Domestic credit provided by financial sector (% of GDP) was 74.3% in 2025. ▬ Flat
Domestic credit provided by financial sector in Panama, 2010–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit provided by financial sector in Panama stood at 74.3%.
Compared with earlier readings it is up 2.1% on the previous year and down 5.3% over ten years.
Over the whole period, domestic credit provided by financial sector in Panama peaked at 89.8% in 2020 and was at its lowest, 62.1%, in 2013.
Panama ranks 27th of 65 countries on this measure, in the middle of the range.
Domestic credit provided by financial sector (% of GDP) in Panama, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 78.3% | — |
| 2011 | 78.8% | +0.7% |
| 2012 | 78.2% | -0.8% |
| 2013 | 62.1% | -20.5% |
| 2014 | 75.7% | +22.0% |
| 2015 | 78.4% | +3.6% |
| 2016 | 78.6% | +0.2% |
| 2017 | 80.4% | +2.3% |
| 2018 | 80.2% | -0.2% |
| 2019 | 77.0% | -4.0% |
| 2020 | 89.8% | +16.6% |
| 2021 | 81.1% | -9.8% |
| 2022 | 75.0% | -7.5% |
| 2023 | 71.3% | -4.9% |
| 2024 | 72.8% | +2.1% |
| 2025 | 74.3% | +2.1% |
Panama compared with similar countries
- Panama's 74.3% is below the median for high income countries, which is 77.2%, 96% of the median. (14 countries reporting)
- Panama's 74.3% is above the median for Latin America & Caribbean, which is 65.9%, 1.1× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 76.8% | 62.1% | 80.4% | 10 |
| 2020s | 77.4% | 71.3% | 89.8% | 6 |
Countries ranked near Panama
- 24 Brunei 76.3% compare
- 25 Georgia 75.7% compare
- 26 Bahamas 75.3% compare
- 28 Costa Rica 73.4% compare
- 29 Cape Verde 70.0% compare
- 30 Kosovo 68.9% compare
- 30 Kosovo (UNSCR 1244) 68.9% 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 domestic credit provided by financial sector in Panama?
- Domestic credit provided by financial sector in Panama was 74.3% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit provided by financial sector recorded in Panama?
- The highest recorded value was 89.8% in 2020.
- What is the lowest domestic credit provided by financial sector recorded in Panama?
- The lowest recorded value was 62.1% in 2013.
- How does Panama rank for domestic credit provided by financial sector?
- Panama ranks 27th out of 65 countries with data for 2025.
- Is domestic credit provided by financial sector rising or falling in Panama?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is flat.
- Where does this Panama data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit provided by financial sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.