Panama External Debt

2004 - 2024 | Monthly | USD mn | Ministry of Economy and Finance

Key information about Panama External Debt

  • Panama External Debt reached 42.8 USD bn in Mar 2024, compared with 42.8 USD bn in the previous month.
  • Panama External Debt: USD mn data is updated monthly, available from Jul 2004 to Mar 2024.
  • The data reached an all-time high of 42.8 USD bn in Feb 2024 and a record low of 6.6 USD bn in Sep 2004.

External Debt covers Public sector only.


Related information about Panama External Debt
  • In the latest reports of Panama, Current Account recorded a deficit of 4.4 USD bn in Dec 2023.
  • Foreign Direct Investment (FDI) increased by 779.1 USD mn in Dec 2023.
  • Panama Direct Investment Abroad expanded by 150.6 USD mn in Dec 2023.
  • Its Foreign Portfolio Investment increased by 1.3 USD bn in Dec 2023.
  • The country's Nominal GDP was reported at 18.1 USD bn in Sep 2022.

View Panama's External Debt from Jul 2004 to Mar 2024 in the chart:

Panama External Debt

What was Panama's External Debt in Mar 2024?

Panama External Debt reached 42.8 USD bn in Mar 2024, compared with 42.8 USD bn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
42,843.7 Mar 2024 42,844.3 Feb 2024 6,586.2 Sep 2004 42,844.3 Feb 2024 USD mn monthly Jul 2004 - Mar 2024

External Debt by Country Comparison

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Includes External Debt on 109 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 11,224.8 Dec 2023 quarterly Dec 2003 - Dec 2023
Algeria (USD mn) 3,838.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 285,951.3 Dec 2023 quarterly Mar 2006 - Dec 2023
Armenia (USD mn) 6,427.8 Mar 2024 monthly Dec 2012 - Mar 2024
Australia (USD mn) 1,958,183.0 Dec 2023 quarterly Sep 1988 - Dec 2023
Austria (USD mn) 744,396.0 Sep 2023 quarterly Mar 1997 - Sep 2023
Azerbaijan (USD mn) 8,135.7 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (USD mn) 100,639.4 Dec 2023 quarterly Sep 2011 - Dec 2023
Belarus (USD mn) 36,875.3 Dec 2023 quarterly Dec 1995 - Dec 2023
Belgium (USD mn) 1,531,740.1 Dec 2023 quarterly Mar 2007 - Dec 2023
Bolivia (USD mn) 15,544.2 Sep 2023 quarterly Mar 2006 - Sep 2023
Bosnia and Herzegovina (USD mn) 5,020.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Botswana (USD mn) 1,431.8 2023 yearly 1994 - 2023
Brazil (USD mn) 575,357.5 Dec 2022 quarterly Dec 1999 - Dec 2022
Bulgaria (USD mn) 48,002.4 Feb 2024 monthly Jan 1999 - Feb 2024
Cambodia (USD mn) 22,625.6 Dec 2023 quarterly Mar 2010 - Dec 2023
Canada (USD mn) 2,912,639.8 Sep 2023 quarterly Mar 1990 - Sep 2023
Chile (USD mn) 241,658.7 Feb 2024 monthly Dec 1995 - Feb 2024
China (USD mn) 2,447,537.5 Dec 2023 quarterly Jun 2003 - Dec 2023
Colombia (USD mn) 198,034.1 Jan 2024 monthly Jan 2001 - Jan 2024
Croatia (USD mn) 52,854.6 Dec 2022 monthly Dec 1998 - Dec 2022
Cyprus (USD mn) 189,930.8 Dec 2023 quarterly Mar 2008 - Dec 2023
Czech Republic (USD mn) 206,569.6 Dec 2023 quarterly Dec 1993 - Dec 2023
Denmark (USD mn) 540,007.1 Dec 2023 quarterly Dec 2005 - Dec 2023
Ecuador (USD mn) 57,327.9 Feb 2024 monthly Jan 1994 - Feb 2024
Egypt (USD mn) 168,034.0 Dec 2023 quarterly Jun 1997 - Dec 2023
Estonia (USD mn) 37,602.9 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (USD mn) 17,422,123.8 Dec 2023 quarterly Mar 2008 - Dec 2023
Finland (USD mn) 660,514.2 Dec 2023 quarterly Mar 1991 - Dec 2023
France (USD mn) 7,650,849.8 Dec 2023 quarterly Jun 2004 - Dec 2023
Georgia (USD mn) 23,373.2 Sep 2023 quarterly Dec 1999 - Sep 2023
Germany (USD mn) 6,758,013.6 Dec 2023 quarterly Jun 1999 - Dec 2023
Ghana (USD mn) 29,185.2 Nov 2022 monthly Jan 2012 - Nov 2022
Greece (USD mn) 611,538.4 Dec 2023 quarterly Dec 2003 - Dec 2023
Hong Kong SAR, China (USD mn) 1,838,766.3 Dec 2023 quarterly Mar 2001 - Dec 2023
Hungary (USD mn) 279,807.9 Dec 2023 quarterly Mar 2006 - Dec 2023
Iceland (USD mn) 22,508.6 Dec 2023 quarterly Dec 1989 - Dec 2023
India (USD mn) 648,192.0 Dec 2023 quarterly Sep 1999 - Dec 2023
Indonesia (USD mn) 407,273.9 Feb 2024 monthly Jan 2008 - Feb 2024
Iran (USD mn) 6,281.7 2023 yearly 1994 - 2023
Ireland (USD mn) 3,147,735.2 Dec 2023 quarterly Dec 2002 - Dec 2023
Israel (USD mn) 154,690.5 Dec 2023 quarterly Mar 2011 - Dec 2023
Italy (USD mn) 2,808,395.1 Dec 2023 quarterly Dec 2002 - Dec 2023
Ivory Coast (USD mn) 29,752.4 2021 yearly 1970 - 2021
Japan (USD mn) 4,487,872.6 Dec 2023 quarterly Mar 2003 - Dec 2023
Jordan (USD mn) 41,188.6 Dec 2023 quarterly Dec 2006 - Dec 2023
Kazakhstan (USD mn) 162,697.5 Dec 2023 quarterly Dec 2000 - Dec 2023
Kenya (USD mn) 38,664.5 Dec 2023 monthly Sep 1999 - Dec 2023
South Korea (USD mn) 663,631.1 Dec 2023 quarterly Dec 1994 - Dec 2023
Kosovo (USD mn) 4,256.7 Dec 2023 quarterly Dec 2011 - Dec 2023
Kuwait (USD mn) 59,638.5 Sep 2023 quarterly Mar 2018 - Sep 2023
Kyrgyzstan (USD mn) 10,113.8 Dec 2023 quarterly Dec 2005 - Dec 2023
Laos (USD mn) 10,234.8 2022 yearly 1996 - 2022
Latvia (USD mn) 43,947.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Lebanon (USD mn) 34,577.0 Sep 2023 quarterly Dec 2007 - Sep 2023
Lithuania (USD mn) 54,461.9 Dec 2023 quarterly Dec 1996 - Dec 2023
Luxembourg (USD mn) 3,791,246.5 Dec 2023 quarterly Dec 2002 - Dec 2023
North Macedonia (USD mn) 12,666.2 Dec 2023 quarterly Dec 2005 - Dec 2023
Malawi (MWK mn) 2,812,733.5 2021 yearly 1984 - 2021
Malaysia (USD mn) 270,687.1 Dec 2023 quarterly Mar 2009 - Dec 2023
Malta (USD mn) 222,092.9 Dec 2023 quarterly Mar 2004 - Dec 2023
Mauritius (USD mn) 196,972.0 Mar 2024 quarterly Dec 2009 - Mar 2024
Mexico (USD mn) 447,827.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Moldova (USD mn) 10,465.6 Dec 2023 quarterly Mar 2009 - Dec 2023
Mongolia (USD mn) 34,569.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Montenegro (USD mn) 8,815.2 2022 yearly 2006 - 2022
Morocco (USD mn) 63,124.2 Sep 2022 quarterly Dec 2006 - Sep 2022
Mozambique (USD mn) 10,073.2 2022 yearly 1985 - 2022
Myanmar (USD mn) 12,537.5 2022 yearly 1970 - 2022
Nepal (USD mn) 9,585.8 Sep 2023 quarterly Mar 2012 - Sep 2023
Netherlands (USD mn) 3,871,910.2 Dec 2023 quarterly Jun 2003 - Dec 2023
New Zealand (USD mn) 223,600.4 Dec 2023 quarterly Mar 1993 - Dec 2023
Nigeria (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
Norway (USD mn) 772,516.8 Dec 2023 quarterly Mar 2003 - Dec 2023
Pakistan (USD mn) 131,159.1 Dec 2023 quarterly Jun 2006 - Dec 2023
Palestinian Territory (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
Panama (USD mn) 42,843.7 Mar 2024 monthly Jul 2004 - Mar 2024
Paraguay (USD mn) 21,762.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Peru (USD mn) 102,172.1 Dec 2022 quarterly Mar 2012 - Dec 2022
Philippines (USD mn) 125,393.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Poland (USD mn) 426,901.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Portugal (USD mn) 441,811.0 Dec 2023 quarterly Mar 1996 - Dec 2023
Qatar (USD mn) 194,500.0 2018 yearly 2000 - 2018
Romania (USD mn) 169,046.9 Apr 2023 monthly Dec 2004 - Apr 2023
Russia (USD mn) 304,007.0 Mar 2024 quarterly Dec 2000 - Mar 2024
Serbia (USD mn) 50,196.9 Dec 2023 quarterly Mar 2003 - Dec 2023
Singapore (USD mn) 1,995,943.0 Dec 2023 quarterly Jun 2003 - Dec 2023
Slovakia (USD mn) 130,380.1 Dec 2023 quarterly Mar 1993 - Dec 2023
Slovenia (USD mn) 60,664.8 Apr 2023 monthly Jan 2001 - Apr 2023
South Africa (USD mn) 158,081.0 Dec 2023 quarterly Dec 1985 - Dec 2023
Spain (USD mn) 2,676,056.0 Dec 2023 quarterly Mar 1993 - Dec 2023
Sri Lanka (USD mn) 54,831.6 Dec 2023 quarterly Dec 2012 - Dec 2023
Sudan (USD mn) 62,400.0 2021 yearly 2001 - 2021
Sweden (USD mn) 1,041,898.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Switzerland (USD mn) 2,281,043.7 Dec 2023 quarterly Dec 1999 - Dec 2023
Taiwan (USD mn) 206,499.0 Dec 2023 quarterly Jun 1999 - Dec 2023
Tajikistan (USD mn) 6,228.3 Dec 2023 quarterly Jun 2015 - Dec 2023
Thailand (USD mn) 193,212.3 Dec 2023 quarterly Mar 1999 - Dec 2023
Tunisia (USD mn) 40,844.1 Sep 2023 quarterly Dec 2009 - Sep 2023
Turkey (USD mn) 499,885.7 Dec 2023 quarterly Dec 1989 - Dec 2023

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Panama Key Series

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Includes 179 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 284.531 Feb 2024 monthly Jan 1995 - Feb 2024
Tax Revenue: % of GDP (%) 9.6 Dec 2023 quarterly Mar 2007 - Dec 2023
National Government Debt (USD mn) 49,769.7 Mar 2024 monthly Jul 2004 - Mar 2024
Government Debt: % of GDP (%) 56.4 Dec 2023 quarterly Dec 2007 - Dec 2023
Forecast: Government Expenditure (PAB bn) 22.672 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 20.911 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue: Tax (PAB th) 284,531.441 Feb 2024 monthly Jan 1995 - Feb 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 103,975.899 Feb 2024 monthly Jan 1995 - Feb 2024
Central Government Revenue: Current Revenue (PAB th) 483,346.123 Feb 2024 monthly Jan 1995 - Feb 2024
Public Debt: Domestic (USD mn) 6,925.984 Mar 2024 monthly Jul 2004 - Mar 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,081.5 Mar 2024 monthly Jan 1964 - Mar 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -82.8 Mar 2024 monthly Jan 2001 - Mar 2024
Aluminum: Exports (USD th) 1,490.770 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,146.8 Mar 2024 monthly Jan 2000 - Mar 2024
Total Imports Growth (%) -15.3 Mar 2024 monthly Jan 2001 - Mar 2024
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 9.601 Jan 2024 monthly Jan 1970 - Jan 2024
Total Imports from USA (USD mn) 163.543 Jan 2024 monthly Jan 1967 - Jan 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 131.133 Jan 2024 monthly Mar 1989 - Jan 2024
Exports: FOB: Banana (PAB th) 10,015.729 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: FOB (PAB th) 65,314.055 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: FOB: Seafood Products (PAB th) 5,052.523 Mar 2024 monthly Jan 2002 - Mar 2024
Exports: FOB: Prawn (PAB th) 6,414.853 Mar 2024 monthly Jan 2000 - Mar 2024
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 150.6 Dec 2023 quarterly Mar 2013 - Dec 2023
Current Account Balance (USD mn) -4,356.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance: % of GDP (%) -18.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment (USD mn) 779.1 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment: % of GDP (%) 3.4 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment (USD mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 5.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2023 quarterly Mar 2013 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
External Debt (USD mn) 42,843.7 Mar 2024 monthly Jul 2004 - Mar 2024
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -72,069.421 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: Net Errors and Omissions (PAB mn) 4,238.808 Dec 2023 quarterly Mar 2013 - Dec 2023
Balance of Payment (BoP): Current Account (CA) (PAB mn) -4,356.507 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services: Debit (PAB mn) -1,586.616 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods: Debit (PAB mn) -10,824.928 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods: Credit (PAB mn) 3,968.015 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income (PAB mn) -751.392 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income: Credit (PAB mn) 1,015.783 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services: Credit (PAB mn) 4,899.518 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income: Debit (PAB mn) -1,767.175 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Financing: Reserve Assets (PAB mn) -2,018.107 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods (PAB mn) -6,856.914 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) 772.109 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Direct Investment (PAB mn) 628.537 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services (PAB mn) 3,312.902 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Financial Account (FA) (PAB mn) 1,689.751 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account (PAB mn) 2.055 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account: Credit (PAB mn) 2.055 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account: Debit (PAB mn) 0.000 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
International Investment Position (IIP) (USD mn) -72,069.421 Dec 2023 quarterly Mar 2015 - Dec 2023
IIP: Assets (USD mn) 102,675.995 Dec 2023 quarterly Mar 2015 - Dec 2023
IIP: Liabilities (USD mn) 174,745.416 Dec 2023 quarterly Mar 2015 - Dec 2023
Foreign Direct Investment (FDI) (PAB mn) 779.107 Dec 2023 quarterly Mar 2013 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Mar 2024 monthly Dec 2008 - Mar 2024
Household Debt: % of GDP (%) 38.0 Dec 2023 quarterly Dec 2007 - Dec 2023
Non-Performing Loans (USD mn) 1,740.361 Mar 2024 monthly Dec 2008 - Mar 2024
Money Supply M1 (USD mn) 9,318.060 Dec 2023 monthly Dec 2002 - Dec 2023
Money Supply M2 (USD mn) 39,528.840 Dec 2023 monthly Dec 2002 - Dec 2023
M2 Growth (%) 3.9 Dec 2023 monthly Dec 2003 - Dec 2023
Foreign Exchange Reserves (USD mn) 7,338.0 Mar 2024 monthly Oct 1969 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 7.368 Dec 2023 quarterly Dec 2007 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 6.4 Mar 2024 monthly Jan 2000 - Mar 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 106,373.899 Mar 2024 monthly Dec 1998 - Mar 2024
Total Deposits Growth (%) 6.0 Mar 2024 monthly Dec 1999 - Mar 2024
Domestic Credit (USD mn) 61,380.4 Mar 2024 monthly Dec 2001 - Mar 2024
Domestic Credit Growth (%) 5.0 Mar 2024 monthly Dec 2002 - Mar 2024
Household Debt (USD mn) 32,043.7 Mar 2024 monthly Oct 2005 - Mar 2024
Total Loans (USD mn) 91,334.462 Mar 2024 monthly Dec 1998 - Mar 2024
Total Loans Growth (%) 5.01 Mar 2024 monthly Dec 1999 - Mar 2024
Private Debt: % of Nominal GDP (%) 68.65 Dec 2023 quarterly Dec 2007 - Dec 2023
Money Supply: M3 (PAB mn) 39,528.840 Dec 2023 monthly Dec 2002 - Dec 2023
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,735.868 Mar 2024 monthly Dec 2002 - Mar 2024

More Indicators for Panama

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