Panama Household Debt: % of GDP

Key information about Panama Household Debt: % of GDP

• Panama household debt accounted for 38.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 38.2 % in the previous quarter.
• Panama household debt to GDP ratio is updated quarterly, available from Dec 2007 to Sep 2024.
• The data reached an all-time high of 50.8 % in Mar 2021 and a record low of 33.1 % in Mar 2013.

• In the latest reports, Panama Household Debt reached 32.7 USD bn in Oct 2024.
• Money Supply M2 in Panama increased 8.7 % YoY in Jul 2024.
• Panama Foreign Exchange Reserves was measured at 5.7 USD bn in Oct 2024.
• The Foreign Exchange Reserves equaled 4.2 Months of Import in Oct 2024.
• Panama Domestic Credit reached 64.1 USD bn in Oct 2024, representing an increased of 5.8 % YoY.
• The country's Non Performing Loans Ratio stood at 1.6 % in Oct 2024, compared with the ratio of 1.6 % in the previous month.

View Panama's Household Debt: % of GDP from Dec 2007 to Sep 2024 in the chart:

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What was Panama's Household Debt: % of GDP in Sep 2024?

Panama household debt accounted for 38.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 38.2 % in the previous quarter. See the table below for more data.

Household Debt: % of GDP by Country Comparison

Panama Key Series

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