Panama Domestic Credit

2001 - 2024 | Monthly | USD mn | CEIC Data

Key information about Panama Domestic Credit

  • Panama Domestic Credit reached 63.8 USD bn in Sep 2024, compared with a reported figure of 63.1 USD bn in the previous month
  • Panama Domestic Credit data is updated monthly
  • It is available from Dec 2001 to Sep 2024 and averaged 34.5 USD bn
  • The data reached an all-time high of 63.8 USD bn in Sep 2024 and a record low of 11.2 USD bn in Mar 2002

CEIC converts monthly Domestic Credit into USD. The Superintendency of Banks of Panama provides Domestic Credit in local currency. The International Monetary Fund period end market exchange rate is used for currency conversions. Domestic Credit prior to December 2002 is sourced from the International Monetary Fund.


Further information about Panama Domestic Credit

  • In the latest reports, Panama Domestic Credit represented an increased of 5.4 % YoY in Sep 2024
  • Money Supply M2 in Panama increased to 41.3 USD bn YoY in Jul 2024
  • Panama Foreign Exchange Reserves was measured at 4.5 USD bn in Jul 2024
  • The Foreign Exchange Reserves equaled 3.5 Months of Import in Aug 2024
  • The country's Non Performing Loans Ratio stood at 1.6 % in Sep 2024, compared with the ratio of 1.6 % in the previous month
  • Household Debt of Panama reached 38.2 % in Jun 2024, accounting for 38.2 % of the country's Nominal GDP

View Panama's Domestic Credit from Dec 2001 to Sep 2024 in the chart:

Panama Domestic Credit

What was Panama's Domestic Credit in Sep 2024?

Panama Domestic Credit reached 63.8 USD bn in Sep 2024, compared with a reported figure of 63.1 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
63,835.8 Sep 2024 63,079.0 Aug 2024 11,207.0 Mar 2002 63,835.8 Sep 2024 USD mn monthly Dec 2001 - Sep 2024

Domestic Credit by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 14,534.5 Sep 2024 monthly Dec 2002 - Sep 2024
Algeria (USD mn) 176,623.7 Jul 2024 monthly Dec 2001 - Jul 2024
Argentina (USD mn) 172,455.7 Aug 2024 monthly Jan 1990 - Aug 2024
Armenia (USD mn) 18,611.6 Aug 2024 monthly Dec 1993 - Aug 2024
Australia (USD mn) 3,928,501.8 Sep 2024 monthly Dec 2001 - Sep 2024
Austria (USD mn) 648,106.0 Aug 2024 monthly Jan 1999 - Aug 2024
Azerbaijan (USD mn) 20,502.0 Aug 2024 monthly Dec 2001 - Aug 2024
Bahrain (USD mn) 58,224.2 Sep 2024 monthly Sep 1991 - Sep 2024
Bangladesh (USD mn) 175,525.0 Sep 2024 monthly Jul 1987 - Sep 2024
Belarus (USD mn) 23,459.6 Oct 2024 monthly Dec 2006 - Oct 2024
Belgium (USD mn) 835,621.7 Aug 2024 monthly Jan 1999 - Aug 2024
Bolivia (USD mn) 48,098.3 Oct 2023 monthly Dec 2001 - Oct 2023
Bosnia and Herzegovina (USD mn) 14,329.8 Sep 2024 monthly Aug 1997 - Sep 2024
Botswana (USD mn) 6,007.9 Feb 2023 monthly Dec 2004 - Feb 2023
Brazil (USD mn) 2,845,878.8 Sep 2024 monthly Dec 2001 - Sep 2024
Brunei (USD mn) 5,246.8 Jul 2024 monthly Jan 1999 - Jul 2024
Bulgaria (USD mn) 60,657.3 Sep 2024 monthly Dec 1993 - Sep 2024
Cambodia (USD mn) 52,870.3 Sep 2024 monthly Dec 1994 - Sep 2024
Canada (USD mn) 4,745,833.0 Sep 2024 monthly Jan 1969 - Sep 2024
Chile (USD mn) 286,866.4 Aug 2024 monthly Dec 1978 - Aug 2024
China (USD mn) 48,958,307.2 Oct 2024 monthly Jun 1999 - Oct 2024
Colombia (USD mn) 208,887.9 Jul 2024 monthly Jan 1993 - Jul 2024
Croatia (USD mn) 62,442.6 Sep 2024 monthly Jun 1994 - Sep 2024
Cyprus (USD mn) 22,715.3 Sep 2024 monthly Nov 2005 - Sep 2024
Czech Republic (USD mn) 230,109.1 Sep 2024 monthly Jan 2002 - Sep 2024
Denmark (USD mn) 817,327.5 Aug 2024 monthly Dec 2001 - Aug 2024
Ecuador (USD mn) 72,401.5 Sep 2024 monthly Jan 2006 - Sep 2024
Egypt (USD mn) 256,113.3 Sep 2024 monthly Jan 1996 - Sep 2024
Estonia (USD mn) 28,776.2 Jul 2024 monthly Jun 1992 - Jul 2024
European Union (USD mn) 26,115,235.4 Aug 2024 monthly Jan 1999 - Aug 2024
Finland (USD mn) 400,625.3 Aug 2024 monthly Jan 1999 - Aug 2024
France (USD mn) 5,527,744.9 Aug 2024 monthly Jan 1999 - Aug 2024
Georgia (USD mn) 22,825.5 Sep 2024 monthly Oct 1995 - Sep 2024
Germany (USD mn) 6,419,883.7 Aug 2024 monthly Jan 1999 - Aug 2024
Ghana (USD mn) 17,262.9 Jul 2024 monthly Jan 1967 - Jul 2024
Greece (USD mn) 188,731.2 Aug 2024 monthly Jan 2001 - Aug 2024
Hong Kong SAR, China (USD mn) 1,007,705.8 Aug 2024 monthly Dec 1990 - Aug 2024
Hungary (USD mn) 120,744.7 Sep 2024 monthly Jan 1998 - Sep 2024
Iceland (USD mn) 34,204.2 Aug 2024 monthly Sep 1993 - Aug 2024
India (USD mn) 3,103,961.4 Aug 2024 monthly Mar 1999 - Aug 2024
Indonesia (USD mn) 579,656.2 Sep 2024 monthly Jan 2004 - Sep 2024
Iran (USD mn) 276,897.2 Feb 2017 monthly Jan 1964 - Feb 2017
Ireland (USD mn) 325,186.1 Aug 2024 monthly Jan 1999 - Aug 2024
Israel (USD mn) 730,257.2 Feb 2023 monthly Dec 1999 - Feb 2023
Italy (USD mn) 3,464,608.3 Aug 2024 monthly Jan 1999 - Aug 2024
Ivory Coast (USD mn) 31,451.0 Aug 2024 monthly Jan 1964 - Aug 2024
Japan (USD mn) 12,784,975.2 Sep 2024 monthly Apr 2003 - Sep 2024
Jordan (USD mn) 67,482.6 Dec 2023 monthly Jan 2002 - Dec 2023
Kazakhstan (USD mn) 97,799.6 Oct 2024 monthly Dec 2001 - Oct 2024
Kenya (USD mn) 48,136.4 Sep 2024 monthly Dec 1995 - Sep 2024
South Korea (USD mn) 3,624,438.3 Sep 2024 monthly Dec 2001 - Sep 2024
Kosovo (USD mn) 5,574.2 Sep 2024 monthly Dec 2000 - Sep 2024
Kuwait (USD mn) 132,219.5 Sep 2024 monthly Jan 1994 - Sep 2024
Kyrgyzstan (USD mn) 3,226.4 Oct 2024 monthly Dec 2002 - Oct 2024
Laos (USD mn) 10,487.5 Jun 2024 quarterly Dec 1991 - Jun 2024
Latvia (USD mn) 18,329.7 Aug 2024 monthly Jul 2003 - Aug 2024
Lebanon (USD mn) 105,909.1 Jan 2018 monthly Mar 1965 - Jan 2018
Lithuania (USD mn) 33,621.3 Aug 2024 monthly Dec 1993 - Aug 2024
Luxembourg (USD mn) 158,092.7 Aug 2024 monthly Jan 1999 - Aug 2024
Macau SAR, China (USD mn) 34,623.8 Jul 2024 monthly Jun 1984 - Jul 2024
North Macedonia (USD mn) 9,974.3 Sep 2024 monthly Jan 2003 - Sep 2024
Malawi (USD mn) 3,880.8 Aug 2024 monthly Jan 1975 - Aug 2024
Malaysia (USD mn) 670,813.2 Sep 2024 monthly Jan 1987 - Sep 2024
Malta (USD mn) 22,351.6 Aug 2024 monthly Jan 2008 - Aug 2024
Mauritius (USD mn) 20,286.0 Sep 2024 monthly Jun 2005 - Sep 2024
Mexico (USD mn) 741,717.4 Sep 2024 monthly Dec 2001 - Sep 2024
Moldova (USD mn) 5,379.5 Sep 2024 monthly Jan 2000 - Sep 2024
Mongolia (USD mn) 10,083.4 Sep 2024 monthly Dec 1992 - Sep 2024
Montenegro (USD mn) 3,687.7 Sep 2024 monthly Jan 2005 - Sep 2024
Morocco (USD mn) 177,737.8 Sep 2024 monthly Dec 2001 - Sep 2024
Mozambique (USD mn) 8,085.4 Sep 2024 monthly Dec 2001 - Sep 2024
Myanmar (USD mn) 45,836.4 Jan 2021 monthly Apr 2012 - Jan 2021
Nepal (USD mn) 49,601.8 Oct 2024 monthly Jan 2001 - Oct 2024
Netherlands (USD mn) 1,809,817.5 Aug 2024 monthly Dec 2001 - Aug 2024
New Zealand (USD mn) 382,408.7 Sep 2024 monthly Mar 1988 - Sep 2024
Nigeria (USD mn) 73,616.6 Sep 2024 monthly Nov 1992 - Sep 2024
Norway (USD mn) 707,393.3 Sep 2024 monthly Dec 1985 - Sep 2024
Oman (USD mn) 70,974.5 Sep 2024 monthly Dec 1999 - Sep 2024
Pakistan (USD mn) 165,549.3 Sep 2024 monthly Jun 2008 - Sep 2024
Palestinian Territory (USD mn) 11,962.3 Sep 2024 monthly Dec 1998 - Sep 2024
Panama (USD mn) 63,835.8 Sep 2024 monthly Dec 2001 - Sep 2024
Paraguay (USD mn) 21,145.7 Sep 2024 monthly Dec 2001 - Sep 2024
Peru (USD mn) 60,739.9 Jul 2024 monthly Jan 1992 - Jul 2024
Philippines (USD mn) 346,939.4 Sep 2024 monthly Dec 2001 - Sep 2024
Poland (USD mn) 494,617.2 Aug 2024 monthly Dec 1996 - Aug 2024
Portugal (USD mn) 364,390.9 Sep 2024 monthly Dec 1979 - Sep 2024
Qatar (USD mn) 390,458.2 Sep 2024 monthly Jan 2007 - Sep 2024
Romania (USD mn) 143,001.3 Sep 2024 monthly Dec 2004 - Sep 2024
Russia (USD mn) 1,432,636.3 Sep 2024 monthly Dec 2000 - Sep 2024
Saudi Arabia (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Serbia (USD mn) 30,819.1 Sep 2024 monthly Dec 2003 - Sep 2024
Singapore (USD mn) 903,795.2 Sep 2024 monthly Mar 2004 - Sep 2024
Slovakia (USD mn) 119,347.5 Aug 2024 monthly Jan 2006 - Aug 2024
Slovenia (USD mn) 39,193.1 Aug 2024 monthly Jan 2004 - Aug 2024
South Africa (USD mn) 315,602.0 Aug 2024 monthly Mar 1965 - Aug 2024
Spain (USD mn) 2,322,852.2 Aug 2024 monthly Jan 1999 - Aug 2024
Sri Lanka (USD mn) 55,643.1 Sep 2024 monthly Jan 1996 - Sep 2024
Sudan (USD mn) 5,482.7 Mar 2022 quarterly Mar 2002 - Mar 2022
Sweden (USD mn) 1,000,402.7 Aug 2024 monthly Dec 2001 - Aug 2024
Switzerland (USD mn) 1,657,799.3 Sep 2024 monthly Dec 1987 - Sep 2024

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Panama Key Series

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) 524.792 Sep 2024 monthly Jan 1995 - Sep 2024
Tax Revenue: % of GDP (%) 6.7 Jun 2024 quarterly Mar 2007 - Jun 2024
National Government Debt (USD mn) 53,809.6 Oct 2024 monthly Jul 2004 - Oct 2024
Government Debt: % of GDP (%) 61.2 Jun 2024 quarterly Dec 2007 - Jun 2024
Forecast: Government Expenditure (PAB bn) 23.007 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 59.883 2029 yearly 1994 - 2029
Forecast: Government Revenue (PAB bn) 21.105 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue: Tax (PAB th) 524,791.719 Sep 2024 monthly Jan 1995 - Sep 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 318,580.301 Sep 2024 monthly Jan 1995 - Sep 2024
Central Government Revenue: Current Revenue (PAB th) 608,086.752 Sep 2024 monthly Jan 1995 - Sep 2024
Public Debt: Domestic (USD mn) 9,723.943 Oct 2024 monthly Jul 2004 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,085.6 Sep 2024 monthly Jan 1964 - Sep 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -77.9 Sep 2024 monthly Jan 2001 - Sep 2024
Aluminum: Exports (USD th) 6,067.531 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 329,464.345 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 10,079.101 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,169.0 Sep 2024 monthly Jan 2000 - Sep 2024
Total Imports Growth (%) -5.5 Sep 2024 monthly Jan 2001 - Sep 2024
Imports: Medicament (USD th) 1,071,085.390 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 333,744.579 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 43.777 Jul 2024 monthly Jan 1970 - Jul 2024
Total Imports from USA (USD mn) 3.675 Jul 2024 monthly Jan 1967 - Jul 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 8.220 Jul 2024 monthly Mar 1989 - Jul 2024
Exports: FOB: Prawn (PAB th) 10,636.669 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: FOB: Seafood Products (PAB th) 8,710.581 Sep 2024 monthly Jan 2002 - Sep 2024
Exports: FOB (PAB th) 83,394.847 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: FOB: Banana (PAB th) 16,814.717 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 94.7 Jun 2024 quarterly Mar 2013 - Jun 2024
Current Account Balance (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Current Account Balance: % of GDP (%) 2.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Direct Investment (USD mn) 731.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment: % of GDP (%) 3.8 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
External Debt (USD mn) 44,085.7 Oct 2024 monthly Jul 2004 - Oct 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) -2.904 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -74,373.797 Jun 2024 quarterly Mar 2002 - Jun 2024
BoP: Net Errors and Omissions (PAB mn) -1,074.780 Jun 2024 quarterly Mar 2013 - Jun 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 434.679 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods (PAB mn) -2,641.439 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Credit (PAB mn) 3,860.024 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Debit (PAB mn) -6,501.463 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Credit (PAB mn) 4,997.525 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services (PAB mn) 3,793.233 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income (PAB mn) -699.429 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Debit (PAB mn) -1,204.292 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Debit (PAB mn) -1,740.348 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Credit (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financial Account (FA) (PAB mn) -1,712.281 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financing: Reserve Assets (PAB mn) 2,511.505 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Credit (PAB mn) 1,040.920 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Direct Investment (PAB mn) 637.235 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,071.876 Jun 2024 quarterly Mar 2013 - Jun 2024
International Investment Position (IIP) (USD mn) -74,373.797 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Assets (USD mn) 104,112.057 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Liabilities (USD mn) 178,485.854 Jun 2024 quarterly Mar 2015 - Jun 2024
Foreign Direct Investment (FDI) (PAB mn) 731.906 Jun 2024 quarterly Mar 2013 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Sep 2024 monthly Dec 2008 - Sep 2024
Household Debt: % of GDP (%) 38.2 Jun 2024 quarterly Dec 2007 - Jun 2024
Non-Performing Loans (USD mn) 1,550.659 Sep 2024 monthly Dec 2008 - Sep 2024
Money Supply M1 (USD mn) 8,749.080 Jul 2024 monthly Dec 2002 - Jul 2024
Money Supply M2 (USD mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
M2 Growth (%) 8.7 Jul 2024 monthly Dec 2003 - Jul 2024
Foreign Exchange Reserves (USD mn) 5,684.4 Oct 2024 monthly Oct 1969 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 5.729 Jun 2024 quarterly Dec 2007 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.1 Sep 2024 monthly Jan 2000 - Sep 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 107,351.873 Sep 2024 monthly Dec 1998 - Sep 2024
Total Deposits Growth (%) 6.8 Sep 2024 monthly Dec 1999 - Sep 2024
Domestic Credit (USD mn) 63,835.8 Sep 2024 monthly Dec 2001 - Sep 2024
Domestic Credit Growth (%) 5.4 Sep 2024 monthly Dec 2002 - Sep 2024
Household Debt (USD mn) 32,565.1 Sep 2024 monthly Oct 2005 - Sep 2024
Total Loans (USD mn) 96,404.929 Sep 2024 monthly Dec 1998 - Sep 2024
Total Loans Growth (%) 8.77 Sep 2024 monthly Dec 1999 - Sep 2024
Private Debt: % of Nominal GDP (%) 69.20 Jun 2024 quarterly Dec 2007 - Jun 2024
Money Supply: M3 (PAB mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,904.228 Sep 2024 monthly Dec 2002 - Sep 2024

More Indicators for Panama

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