Financial Institutions Index in Panama
Panama: Financial Institutions Index was 0.5243 in 2020. ▲ Rising
Financial Institutions Index in Panama, 1980–2020
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.
Financial Institutions Index in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.3732 | — |
| 1981 | 0.3859 | +3.4% |
| 1982 | 0.3666 | -5.0% |
| 1983 | 0.3616 | -1.3% |
| 1984 | 0.3568 | -1.3% |
| 1985 | 0.3538 | -0.9% |
| 1986 | 0.3575 | +1.0% |
| 1987 | 0.3622 | +1.3% |
| 1988 | 0.3458 | -4.5% |
| 1989 | 0.3451 | -0.2% |
| 1990 | 0.3442 | -0.3% |
| 1991 | 0.3409 | -1.0% |
| 1992 | 0.3335 | -2.2% |
| 1993 | 0.3461 | +3.8% |
| 1994 | 0.3724 | +7.6% |
| 1995 | 0.3813 | +2.4% |
| 1996 | 0.3762 | -1.3% |
| 1997 | 0.3851 | +2.3% |
| 1998 | 0.3796 | -1.4% |
| 1999 | 0.405 | +6.7% |
| 2000 | 0.3912 | -3.4% |
| 2001 | 0.3765 | -3.8% |
| 2002 | 0.3493 | -7.2% |
| 2003 | 0.3408 | -2.4% |
| 2004 | 0.3502 | +2.8% |
| 2005 | 0.3495 | -0.2% |
| 2006 | 0.3628 | +3.8% |
| 2007 | 0.4589 | +26.5% |
| 2008 | 0.4529 | -1.3% |
| 2009 | 0.4688 | +3.5% |
| 2010 | 0.4748 | +1.3% |
| 2011 | 0.4743 | -0.1% |
| 2012 | 0.4805 | +1.3% |
| 2013 | 0.4876 | +1.5% |
| 2014 | 0.513 | +5.2% |
| 2015 | 0.517 | +0.8% |
| 2016 | 0.5167 | -0.0% |
| 2017 | 0.5127 | -0.8% |
| 2018 | 0.5108 | -0.4% |
| 2019 | 0.5081 | -0.5% |
| 2020 | 0.5243 | +3.2% |
Panama compared with similar countries
- Panama's 0.5243 is below the median for high income countries, which is 0.601, 87% of the median. (62 countries reporting)
- Panama's 0.5243 is above the median for Latin America & Caribbean, which is 0.4608, 1.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Index in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +26.5% | 0.3628 | 0.4589 |
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
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 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 · JSON — 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.