Financial Institutions Efficiency Index in Panama
Panama: Financial Institutions Efficiency Index was 0.6572 in 2020. βΌ Falling
Financial Institutions Efficiency Index in Panama, 1980β2020
Source: International Monetary Fund.
Analysis
Panama recorded 0.6572 for financial institutions efficiency index in 2020. That is the lowest value across all 41 years on record.
The figure is down 2.1% on the previous year and down 7.2% over ten years.
Over the whole period, financial institutions efficiency index in Panama peaked at 0.8758 in 1981 and was at its lowest, 0.6572, in 2020.
That places Panama 46th out of 183 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8489 | 0.831 | 0.8758 | 10 |
| 1990s | 0.7691 | 0.7179 | 0.8463 | 10 |
| 2000s | 0.6937 | 0.6618 | 0.7301 | 10 |
| 2010s | 0.6817 | 0.6701 | 0.708 | 10 |
| 2020s | 0.6572 | 0.6572 | 0.6572 | 1 |
Countries ranked near Panama
More financial sector data for Panama
- Net domestic credit (current LCU), per capita 11,791 current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 0.8872 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate -4.93 % change on previous year (2020)
- Reserves excluding gold, foreign exchange 4.12 billion SDR (2025)
- Reserves excluding gold 4.56 billion SDR (2025)
- Total reserves (gold at market value) 4.56 billion SDR (2025)
- Total reserves (gold at national valuation) 4.56 billion SDR (2025)
- Domestic credit to private sector by banks 66.8% (2025)
- Total reserves in months of imports 1.74 (2025)
- Net domestic credit 50.62 billion current LCU (2020)
Frequently asked questions
- What is financial institutions efficiency index in Panama?
- Financial institutions efficiency index in Panama was 0.6572 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Panama?
- The highest recorded value was 0.8758 in 1981.
- What is the lowest financial institutions efficiency index recorded in Panama?
- The lowest recorded value was 0.6572 in 2020.
- How does Panama rank for financial institutions efficiency index?
- Panama ranks 46th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Panama?
- Over the last ten years it is down 7.2%. 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 Financial Institutions Efficiency Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.