Domestic credit to private sector in Panama
Panama: Domestic credit to private sector was 100.2% in 2020. ▲ Rising
Domestic credit to private sector in Panama, 2010–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Panama recorded 100.2% for domestic credit to private sector in 2020. That is the highest value across all 11 years on record.
That represents a change of up 20.2% on the previous year and up 22.0% over ten years.
Over the whole period, domestic credit to private sector in Panama peaked at 100.2% in 2020 and was at its lowest, 65.4%, in 2013.
Panama ranks 25th of 187 countries on this measure, 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 | 82.1% | — |
| 2011 | 80.3% | -2.1% |
| 2012 | 79.6% | -0.9% |
| 2013 | 65.4% | -17.8% |
| 2014 | 80.9% | +23.6% |
| 2015 | 82.9% | +2.5% |
| 2016 | 84.2% | +1.5% |
| 2017 | 84.4% | +0.3% |
| 2018 | 84.0% | -0.6% |
| 2019 | 83.3% | -0.7% |
| 2020 | 100.2% | +20.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 80.7% | 65.4% | 84.4% | 10 |
| 2020s | 100.2% | 100.2% | 100.2% | 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 100.2% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Panama?
- The highest recorded value was 100.2% in 2020.
- What is the lowest domestic credit to private sector recorded in Panama?
- The lowest recorded value was 65.4% in 2013.
- How does Panama rank for domestic credit to private sector?
- Panama ranks 25th 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 22.0%. The long-run trend across the full record is rising.
- 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 to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include 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.