Panama M2 Growth
Key information about Panama M2 Growth
- Panama Money Supply M2 increased 8.4 % YoY in Nov 2024, compared with a growth of 9.9 % in the previous month
- Panama Money Supply M2 growth data is updated monthly, available from Dec 2003 to Nov 2024
- The data reached an all-time high of 34.3 % in Dec 2014 and a record low of -17.8 % in Mar 2022
CEIC calculates M2 Growth Rate from monthly M2. The Superintendency of Banks of Panama provides M2 in local currency.
Further information about Panama M2 Growth
- In the latest reports, Panama Foreign Exchange Reserves was measured at 6.3 USD bn in Dec 2024
- The Foreign Exchange Reserves equaled 5.0 Months of Import in Nov 2024
- Panama Domestic Credit reached 64.2 USD bn in Nov 2024, representing an increased of 5.3 % YoY
- The country's Non Performing Loans Ratio stood at 1.7 % in Nov 2024, compared with the ratio of 1.6 % in the previous month
- Household Debt of Panama reached 32.8 USD bn in Nov 2024, accounting for 38.3 % of the country's Nominal GDP
View Panama's M2 Growth from Dec 2003 to Nov 2024 in the chart:
What was Panama's M2 Growth in Nov 2024?
Panama Money Supply M2 increased 8.4 % YoY in Nov 2024, compared with a growth of 9.9 % in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
8.4 Nov 2024 | 9.9 Oct 2024 | -17.8 Mar 2022 | 34.3 Dec 2014 | % | monthly | Dec 2003 - Nov 2024 |
M2 Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 5.8 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
Algeria (%) | 4.0 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
Argentina (%) | 222.6 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
Armenia (%) | 16.9 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Australia (%) | 5.5 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
Austria (%) | 2.9 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
Azerbaijan (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
Bahrain (%) | 2.2 Nov 2024 | monthly | Dec 1975 - Nov 2024 |
Bangladesh (%) | 8.0 Nov 2024 | monthly | Jun 1987 - Nov 2024 |
Belarus (%) | 28.6 Dec 2024 | monthly | Dec 1990 - Dec 2024 |
Belgium (%) | 6.9 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Bolivia (%) | 15.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
Bosnia and Herzegovina (%) | 9.3 Dec 2024 | monthly | Aug 1998 - Dec 2024 |
Botswana (%) | 7.7 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Brazil (%) | 11.6 Dec 2024 | monthly | Jan 1971 - Dec 2024 |
Bulgaria (%) | 8.7 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
Cambodia (%) | 16.8 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
Canada (%) | 5.8 Nov 2024 | monthly | Jan 1969 - Nov 2024 |
Chile (%) | 5.1 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
China (%) | 7.3 Dec 2024 | monthly | Mar 1997 - Dec 2024 |
Colombia (%) | 8.6 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
Croatia (%) | 4.2 Dec 2024 | monthly | Jun 1995 - Dec 2024 |
Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
Czech Republic (%) | 7.7 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
Ecuador (%) | 10.6 Nov 2024 | monthly | Dec 2007 - Nov 2024 |
Egypt (%) | 31.1 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
Estonia (%) | 7.4 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
European Union (%) | 3.1 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
Finland (%) | -0.8 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
France (%) | 0.4 Dec 2024 | monthly | Dec 1978 - Dec 2024 |
Georgia (%) | 10.4 Dec 2024 | monthly | Oct 1996 - Dec 2024 |
Germany (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Ghana (%) | 44.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Greece (%) | 2.5 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Hong Kong SAR, China (%) | 7.3 Dec 2024 | monthly | Dec 1981 - Dec 2024 |
Hungary (%) | 7.7 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Iceland (%) | 12.9 Dec 2024 | monthly | Sep 1987 - Dec 2024 |
India (%) | 7.9 Nov 2024 | monthly | Mar 1995 - Nov 2024 |
Indonesia (%) | 4.4 Dec 2024 | monthly | Feb 1969 - Dec 2024 |
Iran (%) | 26.8 Jun 2024 | monthly | Dec 2000 - Jun 2024 |
Ireland (%) | 7.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Israel (%) | 9.3 Oct 2024 | monthly | Apr 1982 - Oct 2024 |
Italy (%) | 3.6 Nov 2024 | monthly | Dec 1975 - Nov 2024 |
Ivory Coast (%) | 4.6 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
Japan (%) | 1.3 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
Jordan (%) | 6.1 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
Kazakhstan (%) | 19.7 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
Kenya (%) | 7.0 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
South Korea (%) | 6.2 Nov 2024 | monthly | Jan 1971 - Nov 2024 |
Kosovo (%) | 11.3 2023 | yearly | 2002 - 2023 |
Kuwait (%) | 4.3 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Kyrgyzstan (%) | 31.5 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Laos (%) | 23.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Latvia (%) | 6.7 Dec 2024 | monthly | Jan 2015 - Dec 2024 |
Lebanon (%) | 7.4 Nov 2024 | monthly | Dec 1980 - Nov 2024 |
Lithuania (%) | 11.8 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
Luxembourg (%) | 7.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Macau SAR, China (%) | 8.0 Dec 2024 | monthly | Jun 1985 - Dec 2024 |
North Macedonia (%) | 6.5 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
Malawi (%) | 36.0 Jun 2023 | monthly | Jan 1976 - Jun 2023 |
Malaysia (%) | 3.7 Dec 2024 | monthly | Dec 1970 - Dec 2024 |
Malta (%) | 5.6 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
Mauritius (%) | 13.4 Nov 2024 | monthly | Jul 1977 - Nov 2024 |
Mexico (%) | 14.3 Dec 2024 | monthly | Dec 1986 - Dec 2024 |
Moldova (%) | 14.6 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Mongolia (%) | 15.2 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Montenegro (%) | 12.0 2023 | yearly | 2003 - 2023 |
Morocco (%) | 8.1 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
Mozambique (%) | 14.9 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Myanmar (%) | 15.9 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
Nepal (%) | 10.2 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Netherlands (%) | 1.5 Dec 2024 | monthly | Dec 1957 - Dec 2024 |
New Zealand (%) | 4.1 Dec 2024 | monthly | Mar 1989 - Dec 2024 |
Nigeria (%) | 52.7 Nov 2024 | monthly | Nov 1993 - Nov 2024 |
Norway (%) | 3.4 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
Oman (%) | 11.0 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Pakistan (%) | 8.0 Dec 2024 | monthly | Jan 1989 - Dec 2024 |
Palestinian Territory (%) | 7.1 Dec 2024 | monthly | Jul 2003 - Dec 2024 |
Panama (%) | 8.4 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
Paraguay (%) | 12.0 Dec 2024 | monthly | Dec 1989 - Dec 2024 |
Peru (%) | 11.6 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Philippines (%) | 8.2 Nov 2024 | monthly | Dec 1989 - Nov 2024 |
Poland (%) | 8.5 Nov 2024 | monthly | Dec 1997 - Nov 2024 |
Portugal (%) | 6.7 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
Qatar (%) | -0.6 Dec 2024 | monthly | Jan 1983 - Dec 2024 |
Romania (%) | 11.3 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Russia (%) | 19.2 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
Saudi Arabia (%) | 9.7 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Serbia (%) | 17.7 Dec 2024 | monthly | Aug 2002 - Dec 2024 |
Singapore (%) | 6.7 Dec 2024 | monthly | Mar 2005 - Dec 2024 |
Slovakia (%) | 5.4 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
Slovenia (%) | 1.3 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
South Africa (%) | 6.1 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
Spain (%) | 4.9 Dec 2024 | monthly | Jan 1963 - Dec 2024 |
Sri Lanka (%) | 10.2 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Sudan (%) | 43.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
Sweden (%) | 1.1 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Switzerland (%) | -10.4 Jun 2023 | monthly | Dec 1985 - Jun 2023 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doPanama 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) | 383.621 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Tax Revenue: % of GDP (%) | 5.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
National Government Debt (USD mn) | 53,736.7 Dec 2024 | monthly | Jul 2004 - Dec 2024 |
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: Tax (PAB th) | 383,621.030 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Central Government Revenue: Current Revenue (PAB th) | 473,743.679 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 185,808.129 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Public Debt: Domestic (USD mn) | 9,460.795 Dec 2024 | monthly | Jul 2004 - Dec 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -994.3 Nov 2024 | monthly | Jan 1964 - Nov 2024 |
Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
Total Exports Growth (%) | 38.3 Nov 2024 | monthly | Jan 2001 - Nov 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) | 1,063.8 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Total Imports Growth (%) | 3.6 Nov 2024 | monthly | Jan 2001 - Nov 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) | 13.703 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
Total Imports from USA (USD mn) | 213.108 Oct 2024 | monthly | Jan 1967 - Oct 2024 |
Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
Total Imports from China (USD mn) | 239.808 Oct 2024 | monthly | Mar 1989 - Oct 2024 |
Exports: FOB: Prawn (PAB th) | 8,396.849 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Exports: FOB: Banana (PAB th) | 16,543.621 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Exports: FOB: Seafood Products (PAB th) | 7,133.573 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Exports: FOB (PAB th) | 69,486.736 Nov 2024 | monthly | Jan 2000 - Nov 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) | 44,275.9 Dec 2024 | monthly | Jul 2004 - Dec 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) | -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: CA: Services (PAB mn) | 3,683.629 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Goods: Debit (PAB mn) | -5,833.509 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Services: Debit (PAB mn) | -1,348.937 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Capital Account: Credit (PAB mn) | 2.333 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: Goods: Credit (PAB mn) | 4,331.072 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Capital Account (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Goods (PAB mn) | -1,502.437 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Income (PAB mn) | -1,297.490 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: FA: Portfolio Investment: Liabilities (PAB mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Financial Account (FA) (PAB mn) | 1,446.866 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: FA: Direct Investment (PAB mn) | 674.772 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: Capital Account: Debit (PAB mn) | 0.000 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Financing: Reserve Assets (PAB mn) | -5.330 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Services: Credit (PAB mn) | 5,032.566 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: FA: Portfolio Investment: Assets (PAB mn) | 924.830 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: Assets (USD mn) | 103,227.647 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
IIP: Liabilities (USD mn) | 181,645.968 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 (%) | 1.7 Nov 2024 | monthly | Dec 2008 - Nov 2024 |
Household Debt: % of GDP (%) | 38.3 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Non-Performing Loans (USD mn) | 1,663.330 Nov 2024 | monthly | Dec 2008 - Nov 2024 |
Money Supply M1 (USD mn) | 8,808.100 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Money Supply M2 (USD mn) | 42,168.740 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
M2 Growth (%) | 8.4 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
Foreign Exchange Reserves (USD mn) | 6,280.1 Dec 2024 | monthly | Oct 1969 - Dec 2024 |
Foreign Exchange Reserves: % of GDP (%) | 5.697 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 5.0 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Sep 1969 - Mar 2024 |
Total Deposits (USD mn) | 107,402.904 Nov 2024 | monthly | Dec 1998 - Nov 2024 |
Total Deposits Growth (%) | 3.1 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
Domestic Credit (USD mn) | 64,183.2 Nov 2024 | monthly | Dec 2001 - Nov 2024 |
Domestic Credit Growth (%) | 5.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Household Debt (USD mn) | 32,823.9 Nov 2024 | monthly | Oct 2005 - Nov 2024 |
Total Loans (USD mn) | 97,213.172 Nov 2024 | monthly | Dec 1998 - Nov 2024 |
Total Loans Growth (%) | 8.23 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
Private Debt: % of Nominal GDP (%) | 69.77 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Money Supply: M3 (PAB mn) | 42,168.740 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
LC: National Banking System: Private Sector: Mortgage (PAB mn) | 21,071.440 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
More Indicators for Panama
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