Domestic credit to private sector in Panama
Panama: Domestic credit to private sector was 105.9% in 2020. ▲ Rising
Domestic credit to private sector in Panama, 2010–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Panama is 105.9%, measured in 2020. That is the highest value across all 11 years on record.
That represents a change of up 22.0% on the previous year and up 25.6% over ten years.
Over the whole period, domestic credit to private sector in Panama peaked at 105.9% in 2020 and was at its lowest, 67.4%, in 2013.
That places Panama 28th out of 187 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Domestic credit to private sector in Panama, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 84.3% | — |
| 2011 | 82.6% | -1.9% |
| 2012 | 81.9% | -0.9% |
| 2013 | 67.4% | -17.7% |
| 2014 | 83.3% | +23.7% |
| 2015 | 85.5% | +2.6% |
| 2016 | 86.9% | +1.6% |
| 2017 | 87.3% | +0.5% |
| 2018 | 87.0% | -0.3% |
| 2019 | 86.8% | -0.3% |
| 2020 | 105.9% | +22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 83.3% | 67.4% | 87.3% | 10 |
| 2020s | 105.9% | 105.9% | 105.9% | 1 |
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 domestic credit to private sector in Panama?
- Domestic credit to private sector in Panama was 105.9% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Panama?
- The highest recorded value was 105.9% in 2020.
- What is the lowest domestic credit to private sector recorded in Panama?
- The lowest recorded value was 67.4% in 2013.
- How does Panama rank for domestic credit to private sector?
- Panama ranks 28th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Panama?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.