Loans from nonresident banks (net) to GDP (%) in Panama
Panama: Loans from nonresident banks (net) to GDP (%) was 2.1% in 2021. ◆ Volatile
Loans from nonresident banks (net) to GDP in Panama, 1976–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (net) to gdp in Panama is 2.1%, measured in 2021.
That represents a change of down 44.2% on the previous year and up 502.4% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Panama peaked at 7.8% in 2005 and was at its lowest, -5.3%, in 1998.
Panama ranks 12th of 98 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (net) to GDP (%) in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1976 | 0.5% | — |
| 1978 | 1.3% | +139.3% |
| 1985 | -0.9% | -166.1% |
| 1986 | -0.2% | -79.4% |
| 1996 | -0.0% | -88.5% |
| 1997 | -0.1% | +223.6% |
| 1998 | -5.3% | +7990.8% |
| 2001 | -2.8% | -46.6% |
| 2002 | 0.2% | -107.9% |
| 2004 | 4.6% | +1983.2% |
| 2005 | 7.8% | +68.7% |
| 2006 | 2.3% | -71.0% |
| 2007 | 1.5% | -33.8% |
| 2009 | 3.7% | +145.4% |
| 2010 | -0.5% | -113.8% |
| 2012 | 6.4% | -1362.2% |
| 2013 | 0.0% | -99.7% |
| 2014 | 0.4% | +1726.9% |
| 2015 | 3.4% | +837.8% |
| 2016 | 1.4% | -58.4% |
| 2017 | -1.6% | -217.3% |
| 2018 | 2.0% | -219.4% |
| 2019 | 2.0% | -0.0% |
| 2020 | 3.7% | +86.7% |
| 2021 | 2.1% | -44.2% |
Panama compared with similar countries
- Panama's 2.1% is above the median for high income countries, which is 0.3%, 6.0× the median. (55 countries reporting)
- Panama's 2.1% is above the median for Latin America & Caribbean, which is 0.0%, 399.6× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Loans from nonresident banks (net) to GDP (%) 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 |
|---|---|---|---|
| 1998 | -7990.8% | -0.1% | -5.3% |
| 2004 | +1983.2% | 0.2% | 4.6% |
| 2014 | +1726.9% | 0.0% | 0.4% |
| 2012 | +1362.2% | -0.5% | 6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9% | 0.5% | 1.3% | 2 |
| 1980s | -0.5% | -0.9% | -0.2% | 2 |
| 1990s | -1.8% | -5.3% | -0.0% | 3 |
| 2000s | 2.5% | -2.8% | 7.8% | 7 |
| 2010s | 1.5% | -1.6% | 6.4% | 9 |
| 2020s | 2.9% | 2.1% | 3.7% | 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 (net) to gdp in Panama?
- Loans from nonresident banks (net) to gdp in Panama was 2.1% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Panama?
- The highest recorded value was 7.8% in 2005.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Panama?
- The lowest recorded value was -5.3% in 1998.
- How does Panama rank for loans from nonresident banks (net) to gdp?
- Panama ranks 12th out of 98 countries with data for 2021.
- Is loans from nonresident banks (net) to gdp rising or falling in Panama?
- Over the last ten years it is up 502.4%. 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 (net) to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of net 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 12A (Net Issues): International debt securities - all issuers.