Total current account credit/revenue, Credit/Revenue (US dollar) in Panama
Panama: Total current account credit/revenue, Credit/Revenue (US dollar) was 42.52 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Panama, 2005–2024
Source: International Monetary Fund.
Analysis
Panama recorded 42.52 billion for total current account credit/revenue, credit/revenue in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 0.2% on the previous year and up 36.1% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Panama peaked at 42.52 billion in 2024 and was at its lowest, 11.96 billion, in 2005.
Panama ranks 74th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue (US dollar) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.96 billion | — |
| 2006 | 14.37 billion | +20.1% |
| 2007 | 18.14 billion | +26.2% |
| 2008 | 22.59 billion | +24.6% |
| 2009 | 21.11 billion | -6.6% |
| 2010 | 23.04 billion | +9.2% |
| 2011 | 30.12 billion | +30.7% |
| 2012 | 33.63 billion | +11.6% |
| 2013 | 33.20 billion | -1.3% |
| 2014 | 31.23 billion | -5.9% |
| 2015 | 28.78 billion | -7.8% |
| 2016 | 28.00 billion | -2.7% |
| 2017 | 30.20 billion | +7.9% |
| 2018 | 31.34 billion | +3.8% |
| 2019 | 31.22 billion | -0.4% |
| 2020 | 21.81 billion | -30.1% |
| 2021 | 29.63 billion | +35.8% |
| 2022 | 38.69 billion | +30.6% |
| 2023 | 42.43 billion | +9.7% |
| 2024 | 42.52 billion | +0.2% |
Panama compared with similar countries
- Panama's 42.52 billion is below the median for high income countries, which is 74.29 billion, 57% of the median. (72 countries reporting)
- Panama's 42.52 billion is above the median for Latin America & Caribbean, which is 13.69 billion, 3.1× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.63 billion | 11.96 billion | 22.59 billion | 5 |
| 2010s | 30.08 billion | 23.04 billion | 33.63 billion | 10 |
| 2020s | 35.01 billion | 21.81 billion | 42.52 billion | 5 |
Countries ranked near Panama
- 71 Ecuador 45.94 billion compare
- 72 Uzbekistan 43.44 billion compare
- 73 Guatemala 43.29 billion compare
- 75 Dominican Republic 41.89 billion compare
- 76 Libya 41.86 billion compare
- 77 Costa Rica 39.49 billion 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 total current account credit/revenue, credit/revenue in Panama?
- Total current account credit/revenue, credit/revenue in Panama was 42.52 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Panama?
- The highest recorded value was 42.52 billion in 2024.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Panama?
- The lowest recorded value was 11.96 billion in 2005.
- How does Panama rank for total current account credit/revenue, credit/revenue?
- Panama ranks 74th out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Panama?
- Over the last ten years it is up 36.1%. 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 Total current account credit/revenue, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.