Loans from nonresident banks (amounts outstanding) to GDP in Panama
Panama: Loans from nonresident banks (amounts outstanding) to GDP was 87.9% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Panama, 1972–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in Panama is 87.9%, measured in 2021. That is the highest value across all 50 years on record.
That represents a change of up 5.6% on the previous year and up 164.4% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Panama peaked at 87.9% in 2021 and was at its lowest, 0.1%, in 1995.
That places Panama 11th out of 136 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (amounts outstanding) to GDP in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1972 | 2.4% | — |
| 1973 | 2.1% | -12.6% |
| 1974 | 2.2% | +7.1% |
| 1975 | 2.0% | -10.1% |
| 1976 | 2.4% | +21.0% |
| 1977 | 3.3% | +35.0% |
| 1978 | 9.3% | +184.1% |
| 1979 | 9.8% | +4.9% |
| 1980 | 8.3% | -14.8% |
| 1981 | 7.2% | -14.2% |
| 1982 | 5.7% | -20.6% |
| 1983 | 5.4% | -5.0% |
| 1984 | 4.7% | -13.2% |
| 1985 | 4.0% | -14.3% |
| 1986 | 3.9% | -3.4% |
| 1987 | 4.3% | +9.7% |
| 1988 | 3.2% | -24.5% |
| 1989 | 2.9% | -9.7% |
| 1990 | 2.1% | -27.3% |
| 1991 | 2.1% | -1.7% |
| 1992 | 1.8% | -12.0% |
| 1993 | 1.3% | -26.5% |
| 1994 | 0.1% | -91.3% |
| 1995 | 0.1% | -2.2% |
| 1996 | 32.8% | +28469.2% |
| 1997 | 42.6% | +29.8% |
| 1998 | 36.6% | -14.1% |
| 1999 | 39.0% | +6.7% |
| 2000 | 41.1% | +5.3% |
| 2001 | 44.2% | +7.6% |
| 2002 | 41.2% | -6.8% |
| 2003 | 40.5% | -1.9% |
| 2004 | 42.8% | +5.7% |
| 2005 | 48.5% | +13.5% |
| 2006 | 50.5% | +4.1% |
| 2007 | 47.0% | -7.1% |
| 2008 | 38.2% | -18.6% |
| 2009 | 40.5% | +5.9% |
| 2010 | 36.5% | -9.8% |
| 2011 | 33.3% | -8.8% |
| 2012 | 33.8% | +1.7% |
| 2013 | 32.8% | -2.9% |
| 2014 | 33.4% | +1.8% |
| 2015 | 34.3% | +2.6% |
| 2016 | 37.1% | +8.2% |
| 2017 | 37.0% | -0.2% |
| 2018 | 39.6% | +6.8% |
| 2019 | 43.8% | +10.8% |
| 2020 | 83.3% | +90.1% |
| 2021 | 87.9% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.2% | 2.0% | 9.8% | 8 |
| 1980s | 5.0% | 2.9% | 8.3% | 10 |
| 1990s | 15.9% | 0.1% | 42.6% | 10 |
| 2000s | 43.5% | 38.2% | 50.5% | 10 |
| 2010s | 36.2% | 32.8% | 43.8% | 10 |
| 2020s | 85.6% | 83.3% | 87.9% | 2 |
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 loans from nonresident banks (amounts outstanding) to gdp in Panama?
- Loans from nonresident banks (amounts outstanding) to gdp in Panama was 87.9% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Panama?
- The highest recorded value was 87.9% in 2021.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Panama?
- The lowest recorded value was 0.1% in 1995.
- How does Panama rank for loans from nonresident banks (amounts outstanding) to gdp?
- Panama ranks 11th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Panama?
- Over the last ten years it is up 164.4%. 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 Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.