Lending Rate, Percent per annum in Panama
Panama: Lending Rate, Percent per annum was 6.91 in 2022. ▼ Falling
Lending Rate, Percent per annum in Panama, 1996–2022
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Panama is 6.91, measured in 2022.
Compared with earlier readings it is down 0.4% on the previous year and down 10.6% over ten years.
Over the whole period, lending rate, percent per annum in Panama peaked at 11.19 in 1998 and was at its lowest, 6.5, in 2015.
That places Panama 94th out of 144 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Lending Rate, Percent per annum in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 10.99 | — |
| 1997 | 10.99 | +0.0% |
| 1998 | 11.19 | +1.8% |
| 1999 | 10.39 | -7.1% |
| 2000 | 10.48 | +0.9% |
| 2001 | 10.97 | +4.7% |
| 2002 | 10.58 | -3.5% |
| 2003 | 9.93 | -6.2% |
| 2004 | 8.82 | -11.1% |
| 2005 | 8.66 | -1.8% |
| 2006 | 8.68 | +0.2% |
| 2007 | 8.79 | +1.3% |
| 2008 | 7.91 | -10.1% |
| 2009 | 7.63 | -3.5% |
| 2010 | 7.31 | -4.1% |
| 2011 | 7.52 | +2.8% |
| 2012 | 7.72 | +2.7% |
| 2013 | 7.4 | -4.2% |
| 2014 | 6.93 | -6.3% |
| 2015 | 6.5 | -6.3% |
| 2016 | 6.6 | +1.6% |
| 2017 | 6.77 | +2.5% |
| 2018 | 6.88 | +1.7% |
| 2019 | 7.09 | +3.0% |
| 2020 | 7.01 | -1.2% |
| 2021 | 6.94 | -1.0% |
| 2022 | 6.91 | -0.4% |
Panama compared with similar countries
- Panama's 6.91 is above the median for high income countries, which is 5.18, 1.3× the median. (37 countries reporting)
- Panama's 6.91 is below the median for Latin America & Caribbean, which is 9.16, 75% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.89 | 10.39 | 11.19 | 4 |
| 2000s | 9.25 | 7.63 | 10.97 | 10 |
| 2010s | 7.07 | 6.5 | 7.72 | 10 |
| 2020s | 6.95 | 6.91 | 7.01 | 3 |
Countries ranked near Panama
- 91 Trinidad and Tobago 7.5 compare
- 92 Philippines 7.1 compare
- 93 Saint Vincent and the Grenadines 7.06 compare
- 95 Costa Rica 6.88 compare
- 96 Grenada 6.86 compare
- 97 Kosovo 6.65 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 lending rate, percent per annum in Panama?
- Lending rate, percent per annum in Panama was 6.91 in 2022, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Panama?
- The highest recorded value was 11.19 in 1998.
- What is the lowest lending rate, percent per annum recorded in Panama?
- The lowest recorded value was 6.5 in 2015.
- How does Panama rank for lending rate, percent per annum?
- Panama ranks 94th out of 144 countries with data for 2022.
- Is lending rate, percent per annum rising or falling in Panama?
- Over the last ten years it is down 10.6%. 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 Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.