Real interest rate in Panama
Panama: Real interest rate was 4.6% in 2022. ◆ Volatile
Real interest rate in Panama, 1996–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Panama is 4.6%, measured in 2022.
The figure is down 15.3% on the previous year and up 248.7% over ten years.
Over the whole period, real interest rate in Panama peaked at 20.2% in 1996 and was at its lowest, 0.4%, in 2008.
Panama ranks 76th of 149 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 20.2% | — |
| 1997 | 9.3% | -54.0% |
| 1998 | 10.0% | +7.5% |
| 1999 | 9.8% | -2.5% |
| 2000 | 12.2% | +24.9% |
| 2001 | 9.4% | -22.8% |
| 2002 | 8.5% | -9.6% |
| 2003 | 8.7% | +2.4% |
| 2004 | 6.1% | -30.5% |
| 2005 | 6.9% | +13.6% |
| 2006 | 6.4% | -7.3% |
| 2007 | 5.8% | -9.4% |
| 2008 | 0.4% | -93.1% |
| 2009 | 1.2% | +204.4% |
| 2010 | 4.6% | +281.6% |
| 2011 | 1.9% | -58.5% |
| 2012 | 1.3% | -31.3% |
| 2013 | 1.2% | -11.3% |
| 2014 | 2.1% | +82.4% |
| 2015 | 3.4% | +57.8% |
| 2016 | 4.0% | +19.1% |
| 2017 | 4.9% | +21.4% |
| 2018 | 6.1% | +25.7% |
| 2019 | 6.5% | +6.1% |
| 2020 | 7.5% | +15.7% |
| 2021 | 5.4% | -27.8% |
| 2022 | 4.6% | -15.3% |
Panama compared with similar countries
- Panama's 4.6% is above the median for high income countries, which is 2.7%, 1.7× the median. (42 countries reporting)
- Panama's 4.6% is above the median for Latin America & Caribbean, which is 4.6%, 1.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Real interest rate 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 |
|---|---|---|---|
| 2010 | +281.6% | 1.2% | 4.6% |
| 2009 | +204.4% | 0.4% | 1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.3% | 9.3% | 20.2% | 4 |
| 2000s | 6.5% | 0.4% | 12.2% | 10 |
| 2010s | 3.6% | 1.2% | 6.5% | 10 |
| 2020s | 5.9% | 4.6% | 7.5% | 3 |
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 real interest rate in Panama?
- Real interest rate in Panama was 4.6% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Panama?
- The highest recorded value was 20.2% in 1996.
- What is the lowest real interest rate recorded in Panama?
- The lowest recorded value was 0.4% in 2008.
- How does Panama rank for real interest rate?
- Panama ranks 76th out of 149 countries with data for 2022.
- Is real interest rate rising or falling in Panama?
- Over the last ten years it is up 248.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.