Monetary Sector credit to private sector in Panama
Panama: Monetary Sector credit to private sector was 98.2% in 2020. ▲ Rising
Monetary Sector credit to private sector in Panama, 1960–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Panama is 98.2%, measured in 2020.
The figure is up 20.3% on the previous year and up 21.6% over ten years.
Over the whole period, monetary sector credit to private sector in Panama peaked at 104.6% in 2001 and was at its lowest, 16.2%, in 1961.
That places Panama 22nd out of 186 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 61 years of available data.
Monetary Sector credit to private sector in Panama, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 17.8% | — |
| 1961 | 16.2% | -9.3% |
| 1962 | 16.3% | +1.1% |
| 1963 | 17.1% | +4.5% |
| 1964 | 18.4% | +7.7% |
| 1965 | 20.1% | +9.3% |
| 1966 | 21.2% | +5.2% |
| 1967 | 22.7% | +7.3% |
| 1968 | 23.7% | +4.3% |
| 1969 | 23.1% | -2.7% |
| 1970 | 28.3% | +22.9% |
| 1971 | 33.4% | +17.9% |
| 1972 | 40.8% | +22.1% |
| 1973 | 45.6% | +11.8% |
| 1974 | 54.1% | +18.6% |
| 1975 | 52.8% | -2.2% |
| 1976 | 50.4% | -4.6% |
| 1977 | 50.0% | -0.9% |
| 1978 | 47.4% | -5.2% |
| 1979 | 49.6% | +4.8% |
| 1980 | 48.0% | -3.3% |
| 1981 | 50.2% | +4.7% |
| 1982 | 46.8% | -6.9% |
| 1983 | 45.6% | -2.6% |
| 1984 | 44.4% | -2.6% |
| 1985 | 43.3% | -2.5% |
| 1986 | 43.8% | +1.3% |
| 1987 | 44.4% | +1.3% |
| 1988 | 41.9% | -5.7% |
| 1989 | 41.7% | -0.5% |
| 1990 | 38.6% | -7.5% |
| 1991 | 42.6% | +10.6% |
| 1992 | 46.6% | +9.3% |
| 1993 | 53.0% | +13.8% |
| 1994 | 57.9% | +9.2% |
| 1995 | 64.5% | +11.4% |
| 1996 | 72.3% | +12.1% |
| 1997 | 75.4% | +4.3% |
| 1998 | 85.4% | +13.3% |
| 1999 | 95.1% | +11.3% |
| 2000 | 98.9% | +4.0% |
| 2001 | 104.6% | +5.7% |
| 2002 | 86.7% | -17.1% |
| 2003 | 82.8% | -4.5% |
| 2004 | 79.9% | -3.5% |
| 2005 | 81.0% | +1.4% |
| 2006 | 81.1% | +0.1% |
| 2007 | 82.5% | +1.7% |
| 2008 | 80.6% | -2.4% |
| 2009 | 76.2% | -5.4% |
| 2010 | 80.7% | +5.9% |
| 2011 | 78.9% | -2.3% |
| 2012 | 78.1% | -1.0% |
| 2013 | 64.2% | -17.8% |
| 2014 | 79.4% | +23.6% |
| 2015 | 81.1% | +2.2% |
| 2016 | 82.6% | +1.8% |
| 2017 | 82.9% | +0.4% |
| 2018 | 82.3% | -0.6% |
| 2019 | 81.6% | -0.9% |
| 2020 | 98.2% | +20.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.7% | 16.2% | 23.7% | 10 |
| 1970s | 45.2% | 28.3% | 54.1% | 10 |
| 1980s | 45.0% | 41.7% | 50.2% | 10 |
| 1990s | 63.1% | 38.6% | 95.1% | 10 |
| 2000s | 85.5% | 76.2% | 104.6% | 10 |
| 2010s | 79.2% | 64.2% | 82.9% | 10 |
| 2020s | 98.2% | 98.2% | 98.2% | 1 |
Countries ranked near Panama
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)
- Total reserves (gold at national valuation) (SDR), per capita 996.88 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -13.31 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 996.88 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Panama?
- Monetary sector credit to private sector in Panama was 98.2% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Panama?
- The highest recorded value was 104.6% in 2001.
- What is the lowest monetary sector credit to private sector recorded in Panama?
- The lowest recorded value was 16.2% in 1961.
- How does Panama rank for monetary sector credit to private sector?
- Panama ranks 22nd out of 186 countries with data for 2020.
- Is monetary sector credit to private sector rising or falling in Panama?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.