Financial Institutions Index in Panama
Panama: Financial Institutions Index was 0.5243 in 2020. β² Rising
Financial Institutions Index in Panama, 1980β2020
Source: International Monetary Fund.
Analysis
Panama recorded 0.5243 for financial institutions index in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 10.4% over ten years.
Over the whole period, financial institutions index in Panama peaked at 0.5243 in 2020 and was at its lowest, 0.3335, in 1992.
That places Panama 54th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3608 | 0.3451 | 0.3859 | 10 |
| 1990s | 0.3664 | 0.3335 | 0.405 | 10 |
| 2000s | 0.3901 | 0.3408 | 0.4688 | 10 |
| 2010s | 0.4996 | 0.4743 | 0.517 | 10 |
| 2020s | 0.5243 | 0.5243 | 0.5243 | 1 |
Countries ranked near Panama
- 51 Jamaica 0.5485 compare
- 52 Antigua and Barbuda 0.5452 compare
- 53 Slovak Republic 0.5263 compare
- 55 Peru 0.5211 compare
- 56 Hungary 0.5193 compare
- 57 Costa Rica 0.5127 compare
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 index in Panama?
- Financial institutions index in Panama was 0.5243 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Panama?
- The highest recorded value was 0.5243 in 2020.
- What is the lowest financial institutions index recorded in Panama?
- The lowest recorded value was 0.3335 in 1992.
- How does Panama rank for financial institutions index?
- Panama ranks 54th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Panama?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions 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.