Panama External Debt

2004 - 2025 | Monthly | USD mn | Ministry of Economy and Finance

Key information about Panama External Debt

  • Panama External Debt reached 44.2 USD bn in Jan 2025, compared with 44.3 USD bn in the previous month.
  • Panama External Debt: USD mn data is updated monthly, available from Jul 2004 to Jan 2025.
  • The data reached an all-time high of 44.3 USD bn in Dec 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 surplus of 824.1 USD mn in Sep 2024.
  • Foreign Direct Investment (FDI) increased by 726.8 USD mn in Sep 2024.
  • Panama Direct Investment Abroad expanded by 52.0 USD mn in Sep 2024.
  • Its Foreign Portfolio Investment fell by 361.6 USD mn in Sep 2024.
  • The country's Nominal GDP was reported at 18.1 USD bn in Sep 2022.

View Panama's External Debt from Jul 2004 to Jan 2025 in the chart:

Panama External Debt

What was Panama's External Debt in Jan 2025?

Panama External Debt reached 44.2 USD bn in Jan 2025, compared with 44.3 USD bn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
44,194.4 Jan 2025 44,275.9 Dec 2024 6,586.2 Sep 2004 44,275.9 Dec 2024 USD mn monthly Jul 2004 - Jan 2025

External Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 11,148.0 Sep 2024 quarterly Dec 2003 - Sep 2024
Algeria (USD mn) 3,838.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 282,752.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Armenia (USD mn) 6,454.2 Dec 2024 monthly Dec 2012 - Dec 2024
Australia (USD mn) 1,892,215.4 Dec 2024 quarterly Sep 1988 - Dec 2024
Austria (USD mn) 755,851.7 Sep 2024 quarterly Mar 1997 - Sep 2024
Azerbaijan (USD mn) 5,299.1 Sep 2024 quarterly Dec 2001 - Sep 2024
Bangladesh (USD mn) 103,788.9 Jun 2024 quarterly Sep 2011 - Jun 2024
Belarus (USD mn) 36,402.2 Sep 2024 quarterly Dec 1995 - Sep 2024
Belgium (USD mn) 1,652,556.1 Sep 2024 quarterly Mar 2007 - Sep 2024
Bolivia (USD mn) 15,262.4 Sep 2024 quarterly Mar 2006 - Sep 2024
Bosnia and Herzegovina (USD mn) 4,956.2 Sep 2024 quarterly Mar 2000 - Sep 2024
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) 50,739.7 Dec 2024 monthly Jan 1999 - Dec 2024
Cambodia (USD mn) 20,952.4 Sep 2024 quarterly Mar 2010 - Sep 2024
Canada (USD mn) 3,170,999.2 Sep 2024 quarterly Mar 1990 - Sep 2024
Chile (USD mn) 247,368.6 Jan 2025 monthly Dec 1995 - Jan 2025
China (USD mn) 2,516,921.4 Sep 2024 quarterly Jun 2003 - Sep 2024
Colombia (USD mn) 200,735.3 Nov 2024 monthly Jan 2001 - Nov 2024
Croatia (USD mn) 52,854.6 Dec 2022 monthly Dec 1998 - Dec 2022
Cyprus (USD mn) 291,479.6 Sep 2024 quarterly Mar 2008 - Sep 2024
Czech Republic (USD mn) 225,613.0 Sep 2024 quarterly Dec 1993 - Sep 2024
Denmark (USD mn) 589,783.1 Sep 2024 quarterly Dec 2005 - Sep 2024
Ecuador (USD mn) 57,662.3 Dec 2024 monthly Jan 1994 - Dec 2024
Egypt (USD mn) 155,204.3 Sep 2024 quarterly Jun 1997 - Sep 2024
Estonia (USD mn) 41,661.3 Sep 2024 quarterly Mar 1996 - Sep 2024
European Union (USD mn) 18,601,546.0 Sep 2024 quarterly Mar 2008 - Sep 2024
Finland (USD mn) 686,771.6 Sep 2024 quarterly Mar 1991 - Sep 2024
France (USD mn) 8,194,595.3 Sep 2024 quarterly Jun 2004 - Sep 2024
Georgia (USD mn) 25,307.3 Sep 2024 quarterly Dec 1999 - Sep 2024
Germany (USD mn) 7,116,790.2 Sep 2024 quarterly Jun 1999 - Sep 2024
Ghana (USD mn) 27,908.7 Oct 2024 monthly Jan 2012 - Oct 2024
Greece (USD mn) 617,780.2 Sep 2024 quarterly Dec 2003 - Sep 2024
Hong Kong SAR, China (USD mn) 1,925,470.5 Sep 2024 quarterly Mar 2001 - Sep 2024
Hungary (USD mn) 342,515.2 Sep 2024 quarterly Mar 2006 - Sep 2024
Iceland (USD mn) 23,639.8 Dec 2024 quarterly Dec 1989 - Dec 2024
India (USD mn) 711,807.7 Sep 2024 quarterly Sep 1999 - Sep 2024
Indonesia (USD mn) 424,848.6 Dec 2024 monthly Jan 2008 - Dec 2024
Iran (USD mn) 6,281.7 2023 yearly 1994 - 2023
Ireland (USD mn) 3,176,621.5 Dec 2024 quarterly Dec 2002 - Dec 2024
Israel (USD mn) 147,057.6 Sep 2024 quarterly Mar 2011 - Sep 2024
Italy (USD mn) 2,926,787.3 Sep 2024 quarterly Dec 2002 - Sep 2024
Ivory Coast (USD mn) 36,547.9 2023 yearly 1970 - 2023
Japan (USD mn) 4,634,842.5 Sep 2024 quarterly Mar 2003 - Sep 2024
Jordan (USD mn) 42,279.3 Jun 2024 quarterly Dec 2006 - Jun 2024
Kazakhstan (USD mn) 165,848.9 Sep 2024 quarterly Dec 2000 - Sep 2024
Kenya (USD mn) 40,159.2 Sep 2024 monthly Sep 1999 - Sep 2024
South Korea (USD mn) 670,025.3 Dec 2024 quarterly Dec 1994 - Dec 2024
Kosovo (USD mn) 4,431.5 Sep 2024 quarterly Dec 2011 - Sep 2024
Kuwait (USD mn) 62,095.2 Sep 2024 quarterly Mar 2018 - Sep 2024
Kyrgyzstan (USD mn) 11,656.7 Sep 2024 quarterly Dec 2005 - Sep 2024
Laos (USD mn) 10,253.1 2023 yearly 1996 - 2023
Latvia (USD mn) 41,153.5 Dec 2024 quarterly Mar 2000 - Dec 2024
Lebanon (USD mn) 34,590.0 Jun 2024 quarterly Dec 2007 - Jun 2024
Lithuania (USD mn) 62,836.5 Sep 2024 quarterly Dec 1996 - Sep 2024
Luxembourg (USD mn) 3,929,684.1 Sep 2024 quarterly Dec 2002 - Sep 2024
North Macedonia (USD mn) 12,712.2 Jun 2024 quarterly Dec 2005 - Jun 2024
Malawi (MWK mn) 2,812,733.5 2021 yearly 1984 - 2021
Malaysia (USD mn) 301,013.7 Dec 2024 quarterly Mar 2009 - Dec 2024
Malta (USD mn) 207,454.0 Sep 2024 quarterly Mar 2004 - Sep 2024
Mauritius (USD mn) 189,047.7 Dec 2024 quarterly Dec 2009 - Dec 2024
Mexico (USD mn) 447,827.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Moldova (USD mn) 10,173.2 Sep 2024 quarterly Mar 2009 - Sep 2024
Mongolia (USD mn) 37,117.3 Dec 2024 quarterly Mar 2000 - Dec 2024
Montenegro (USD mn) 8,616.5 2023 yearly 2006 - 2023
Morocco (USD mn) 64,781.6 Dec 2022 quarterly Dec 2006 - Dec 2022
Mozambique (USD mn) 10,292.0 2023 yearly 1985 - 2023
Myanmar (USD mn) 12,162.1 2023 yearly 1970 - 2023
Nepal (USD mn) 10,519.7 Sep 2024 quarterly Mar 2012 - Sep 2024
Netherlands (USD mn) 4,398,654.0 Sep 2024 quarterly Jun 2003 - Sep 2024
New Zealand (USD mn) 246,390.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Nigeria (USD mn) 43,026.6 Sep 2024 quarterly Dec 2006 - Sep 2024
Norway (USD mn) 733,078.4 Dec 2024 quarterly Mar 2003 - Dec 2024
Pakistan (USD mn) 131,069.2 Dec 2024 quarterly Jun 2006 - Dec 2024
Palestinian Territory (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
Panama (USD mn) 44,194.4 Jan 2025 monthly Jul 2004 - Jan 2025
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) 139,643.3 Sep 2024 quarterly Mar 2005 - Sep 2024
Poland (USD mn) 467,286.0 Sep 2024 quarterly Mar 1999 - Sep 2024
Portugal (USD mn) 434,192.7 Dec 2024 quarterly Mar 1996 - Dec 2024
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) 290,393.0 Dec 2024 quarterly Dec 2000 - Dec 2024
Serbia (USD mn) 54,025.3 Sep 2024 quarterly Mar 2003 - Sep 2024
Singapore (USD mn) 2,153,029.1 Sep 2024 quarterly Jun 2003 - Sep 2024
Slovakia (USD mn) 144,870.4 Sep 2024 quarterly Mar 1993 - Sep 2024
Slovenia (USD mn) 60,664.8 Apr 2023 monthly Jan 2001 - Apr 2023
South Africa (USD mn) 163,852.0 Jun 2024 quarterly Dec 1985 - Jun 2024
Spain (USD mn) 2,865,762.9 Sep 2024 quarterly Mar 1993 - Sep 2024
Sri Lanka (USD mn) 56,594.5 Sep 2024 quarterly Dec 2012 - Sep 2024
Sudan (USD mn) 62,400.0 2021 yearly 2001 - 2021
Sweden (USD mn) 980,447.4 Dec 2024 quarterly Mar 1999 - Dec 2024
Switzerland (USD mn) 2,324,031.9 Sep 2024 quarterly Dec 1999 - Sep 2024
Taiwan (USD mn) 219,947.0 Dec 2024 quarterly Jun 1999 - Dec 2024
Tajikistan (USD mn) 6,347.1 Sep 2024 quarterly Jun 2015 - Sep 2024
Thailand (USD mn) 200,924.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Tunisia (USD mn) 42,561.7 Sep 2024 quarterly Dec 2009 - Sep 2024
Turkey (USD mn) 525,799.9 Sep 2024 quarterly Dec 1989 - Sep 2024

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.4 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue (USD mn) 693.973 Dec 2024 monthly Jan 1995 - Dec 2024
Tax Revenue: % of GDP (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
National Government Debt (USD mn) 53,655.2 Jan 2025 monthly Jul 2004 - Jan 2025
Government Debt: % of GDP (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 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 (PAB th) 2,942,813.523 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 693,972.524 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 487,361.403 Dec 2024 monthly Jan 1995 - Dec 2024
Public Debt: Domestic (USD mn) 9,460.795 Jan 2025 monthly Jul 2004 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,059.7 Dec 2024 monthly Jan 1964 - Dec 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) 20.8 Dec 2024 monthly Jan 2001 - Dec 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) 1,144.1 Dec 2024 monthly Jan 2000 - Dec 2024
Total Imports Growth (%) -1.9 Dec 2024 monthly Jan 2001 - Dec 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) 13.974 Nov 2024 monthly Jan 1970 - Nov 2024
Total Imports from USA (USD mn) 172.879 Nov 2024 monthly Jan 1967 - Nov 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 166.517 Nov 2024 monthly Mar 1989 - Nov 2024
Exports: FOB: Prawn (PAB th) 11,096.530 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Banana (PAB th) 19,938.525 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Seafood Products (PAB th) 7,601.984 Dec 2024 monthly Jan 2002 - Dec 2024
Exports: FOB (PAB th) 84,431.775 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
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
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) 52.0 Sep 2024 quarterly Mar 2013 - Sep 2024
Current Account Balance (USD mn) 824.1 Sep 2024 quarterly Mar 1998 - Sep 2024
Current Account Balance: % of GDP (%) 3.9 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Direct Investment (USD mn) 726.8 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Direct Investment: % of GDP (%) 3.5 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment (USD mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.7 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
External Debt (USD mn) 44,194.4 Jan 2025 monthly Jul 2004 - Jan 2025
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) -78,418.321 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: Net Errors and Omissions (PAB mn) -2,237.755 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financial Account (FA) (PAB mn) 1,446.866 Sep 2024 quarterly Mar 2013 - Sep 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 824.140 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Direct Investment (PAB mn) 674.772 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Credit (PAB mn) 4,331.072 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Debit (PAB mn) -5,833.509 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Credit (PAB mn) 1,000.008 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
International Investment Position (IIP) (USD mn) -78,418.321 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 Sep 2024 quarterly Mar 2015 - Sep 2024
Foreign Direct Investment (FDI) (PAB mn) 726.814 Sep 2024 quarterly Mar 2013 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Dec 2024 monthly Dec 2008 - Dec 2024
Household Debt: % of GDP (%) 38.3 Sep 2024 quarterly Dec 2007 - Sep 2024
Non-Performing Loans (USD mn) 1,468.720 Dec 2024 monthly Dec 2008 - Dec 2024
Money Supply M1 (USD mn) 9,218.690 Dec 2024 monthly Dec 2002 - Dec 2024
Money Supply M2 (USD mn) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
M2 Growth (%) 9.5 Dec 2024 monthly Dec 2003 - Dec 2024
Foreign Exchange Reserves (USD mn) 5,610.8 Jan 2025 monthly Oct 1969 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 5.697 Sep 2024 quarterly Dec 2007 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 5.5 Dec 2024 monthly Jan 2000 - Dec 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 110,484.526 Dec 2024 monthly Dec 1998 - Dec 2024
Total Deposits Growth (%) 5.1 Dec 2024 monthly Dec 1999 - Dec 2024
Domestic Credit (USD mn) 63,585.5 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) 4.9 Dec 2024 monthly Dec 2002 - Dec 2024
Household Debt (USD mn) 32,866.2 Dec 2024 monthly Oct 2005 - Dec 2024
Total Loans (USD mn) 97,419.720 Dec 2024 monthly Dec 1998 - Dec 2024
Total Loans Growth (%) 8.86 Dec 2024 monthly Dec 1999 - Dec 2024
Private Debt: % of Nominal GDP (%) 69.77 Sep 2024 quarterly Dec 2007 - Sep 2024
Money Supply: M3 (PAB mn) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,113.420 Dec 2024 monthly Dec 2002 - Dec 2024

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