External loans and deposits of reporting banks vis-à-vis the banking in Panama
Panama: External loans and deposits of reporting banks vis-à-vis the banking was 34.0% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Panama, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Panama recorded 34.0% for external loans and deposits of reporting banks vis-à-vis the banking in 2021.
That represents a change of up 11.8% on the previous year and down 14.6% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Panama peaked at 129.6% in 1997 and was at its lowest, 21.3%, in 2018.
That places Panama 29th out of 180 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the banking in Panama, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 119.1% | — |
| 1996 | 127.1% | +6.7% |
| 1997 | 129.6% | +2.0% |
| 1998 | 97.9% | -24.4% |
| 1999 | 96.8% | -1.1% |
| 2000 | 87.3% | -9.8% |
| 2001 | 75.8% | -13.2% |
| 2002 | 67.3% | -11.2% |
| 2003 | 61.2% | -9.1% |
| 2004 | 51.5% | -15.7% |
| 2005 | 51.0% | -1.0% |
| 2006 | 39.6% | -22.4% |
| 2007 | 56.9% | +43.8% |
| 2008 | 57.3% | +0.6% |
| 2009 | 52.7% | -8.0% |
| 2010 | 46.4% | -12.0% |
| 2011 | 39.8% | -14.3% |
| 2012 | 35.0% | -11.9% |
| 2013 | 37.5% | +6.9% |
| 2014 | 35.6% | -4.9% |
| 2015 | 36.1% | +1.3% |
| 2016 | 36.1% | +0.2% |
| 2017 | 23.4% | -35.2% |
| 2018 | 21.3% | -8.8% |
| 2019 | 25.4% | +19.1% |
| 2020 | 30.4% | +19.5% |
| 2021 | 34.0% | +11.8% |
Panama compared with similar countries
- Panama's 34.0% is above the median for high income countries, which is 11.8%, 2.9× the median. (59 countries reporting)
- Panama's 34.0% is above the median for Latin America & Caribbean, which is 14.4%, 2.4× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 114.1% | 96.8% | 129.6% | 5 |
| 2000s | 60.1% | 39.6% | 87.3% | 10 |
| 2010s | 33.7% | 21.3% | 46.4% | 10 |
| 2020s | 32.2% | 30.4% | 34.0% | 2 |
Countries ranked near Panama
- 26 Mozambique 35.6% compare
- 27 France 34.7% compare
- 28 Solomon Islands 34.1% compare
- 30 Samoa 33.8% compare
- 31 Gambia 33.7% compare
- 32 Switzerland 33.4% 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 external loans and deposits of reporting banks vis-à-vis the banking in Panama?
- External loans and deposits of reporting banks vis-à-vis the banking in Panama was 34.0% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Panama?
- The highest recorded value was 129.6% in 1997.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Panama?
- The lowest recorded value was 21.3% in 2018.
- How does Panama rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Panama ranks 29th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Panama?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.