Number of Household Sector Borrowers at Commercial Banks per 1,000 in Panama
Panama: Number of Household Sector Borrowers at Commercial Banks per 1,000 was 384.86 in 2024. ▲ Rising
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Panama, 2014–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of household sector borrowers at commercial banks per 1,000 in Panama is 384.86, measured in 2024.
The figure is up 1.2% on the previous year and up 13.1% over ten years.
Over the whole period, number of household sector borrowers at commercial banks per 1,000 in Panama peaked at 408.97 in 2019 and was at its lowest, 340.25, in 2014.
That places Panama 22nd out of 89 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 340.25 | — |
| 2015 | 359.47 | +5.6% |
| 2016 | 359.84 | +0.1% |
| 2017 | 354.49 | -1.5% |
| 2018 | 382.06 | +7.8% |
| 2019 | 408.97 | +7.0% |
| 2020 | 358.08 | -12.4% |
| 2021 | 358.74 | +0.2% |
| 2022 | 365.93 | +2.0% |
| 2023 | 380.21 | +3.9% |
| 2024 | 384.86 | +1.2% |
Panama compared with similar countries
- Panama's 384.86 is above the median for high income countries, which is 346.83, 1.1× the median. (27 countries reporting)
- Panama's 384.86 is above the median for Latin America & Caribbean, which is 241.19, 1.6× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 367.51 | 340.25 | 408.97 | 6 |
| 2020s | 369.56 | 358.08 | 384.86 | 5 |
Countries ranked near Panama
- 19 Uzbekistan 396.56 compare
- 20 Hungary 395.23 compare
- 21 Maldives 392.75 compare
- 23 Bulgaria 379.17 compare
- 24 Azerbaijan 378.49 compare
- 25 North Macedonia 364.35 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 number of household sector borrowers at commercial banks per 1,000 in Panama?
- Number of household sector borrowers at commercial banks per 1,000 in Panama was 384.86 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at commercial banks per 1,000 recorded in Panama?
- The highest recorded value was 408.97 in 2019.
- What is the lowest number of household sector borrowers at commercial banks per 1,000 recorded in Panama?
- The lowest recorded value was 340.25 in 2014.
- How does Panama rank for number of household sector borrowers at commercial banks per 1,000?
- Panama ranks 22nd out of 89 countries with data for 2024.
- Is number of household sector borrowers at commercial banks per 1,000 rising or falling in Panama?
- Over the last ten years it is up 13.1%. 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 Number of Household Sector Borrowers at Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.