Panama M2 Growth
Key information about Panama M2 Growth
- Panama Money Supply M2 increased 8.7 % YoY in Jul 2024, compared with a growth of 8.0 % in the previous month
- Panama Money Supply M2 growth data is updated monthly, available from Dec 2003 to Jul 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 4.5 USD bn in Jul 2024
- The Foreign Exchange Reserves equaled 4.3 Months of Import in Jun 2024
- Panama Domestic Credit reached 62.8 USD bn in Jul 2024, representing an increased of 5.1 % YoY
- The country's Non Performing Loans Ratio stood at 1.7 % in Jul 2024, compared with the ratio of 1.6 % in the previous month
- Household Debt of Panama reached 32.4 USD bn in Jul 2024, accounting for 38.1 % of the country's Nominal GDP
View Panama's M2 Growth from Dec 2003 to Jul 2024 in the chart:
What was Panama's M2 Growth in Jul 2024?
Panama Money Supply M2 increased 8.7 % YoY in Jul 2024, compared with a growth of 8.0 % in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
8.7 Jul 2024 | 8.0 Jun 2024 | -17.8 Mar 2022 | 34.3 Dec 2014 | % | monthly | Dec 2003 - Jul 2024 |
M2 Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 5.9 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
Algeria (%) | 6.0 Dec 2023 | monthly | Jan 2002 - Dec 2023 |
Argentina (%) | 190.2 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
Armenia (%) | 15.1 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
Australia (%) | 5.4 Sep 2024 | monthly | Mar 1966 - Sep 2024 |
Austria (%) | 2.7 Aug 2024 | monthly | Sep 1998 - Aug 2024 |
Azerbaijan (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
Bahrain (%) | 5.3 Sep 2024 | monthly | Dec 1975 - Sep 2024 |
Bangladesh (%) | 7.9 Sep 2024 | monthly | Jun 1987 - Sep 2024 |
Belarus (%) | 28.9 Sep 2024 | monthly | Dec 1990 - Sep 2024 |
Belgium (%) | 6.0 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
Bolivia (%) | 15.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
Bosnia and Herzegovina (%) | 7.9 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Botswana (%) | 12.0 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Brazil (%) | 13.4 Sep 2024 | monthly | Jan 1971 - Sep 2024 |
Bulgaria (%) | 8.8 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
Cambodia (%) | 14.3 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
Canada (%) | 5.7 Aug 2024 | monthly | Jan 1969 - Aug 2024 |
Chile (%) | 6.2 Oct 2024 | monthly | Jan 1987 - Oct 2024 |
China (%) | 6.8 Sep 2024 | monthly | Mar 1997 - Sep 2024 |
Colombia (%) | 7.2 Sep 2024 | monthly | Dec 1980 - Sep 2024 |
Croatia (%) | 3.3 Sep 2024 | monthly | Jun 1995 - Sep 2024 |
Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
Czech Republic (%) | 6.2 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
Ecuador (%) | 8.4 Aug 2024 | monthly | Dec 2007 - Aug 2024 |
Egypt (%) | 29.6 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
Estonia (%) | 6.2 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
European Union (%) | 2.2 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
Finland (%) | -0.2 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
France (%) | 0.7 Aug 2024 | monthly | Dec 1978 - Aug 2024 |
Georgia (%) | 20.3 Sep 2024 | monthly | Oct 1996 - Sep 2024 |
Germany (%) | 2.9 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
Ghana (%) | 35.6 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Greece (%) | 2.0 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Hong Kong SAR, China (%) | 8.5 Sep 2024 | monthly | Dec 1981 - Sep 2024 |
Hungary (%) | 5.6 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Iceland (%) | 7.4 Aug 2024 | monthly | Sep 1987 - Aug 2024 |
India (%) | 8.1 Aug 2024 | monthly | Mar 1995 - Aug 2024 |
Indonesia (%) | 7.2 Sep 2024 | monthly | Feb 1969 - Sep 2024 |
Iran (%) | 26.8 Jun 2024 | monthly | Dec 2000 - Jun 2024 |
Ireland (%) | 5.1 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Israel (%) | 7.5 Jul 2024 | monthly | Apr 1982 - Jul 2024 |
Italy (%) | 1.1 Aug 2024 | monthly | Dec 1975 - Aug 2024 |
Ivory Coast (%) | 4.6 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
Japan (%) | 1.3 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
Jordan (%) | 6.0 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
Kazakhstan (%) | 18.9 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
Kenya (%) | 3.7 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
South Korea (%) | 6.2 Aug 2024 | monthly | Jan 1971 - Aug 2024 |
Kosovo (%) | 11.3 2023 | yearly | 2002 - 2023 |
Kuwait (%) | 3.7 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Kyrgyzstan (%) | 30.0 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Laos (%) | 34.6 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
Latvia (%) | 4.5 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
Lebanon (%) | -17.2 Feb 2024 | monthly | Dec 1980 - Feb 2024 |
Lithuania (%) | 8.3 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
Luxembourg (%) | 3.4 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Macau SAR, China (%) | 6.7 Sep 2024 | monthly | Jun 1985 - Sep 2024 |
North Macedonia (%) | 4.8 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
Malawi (%) | 36.0 Jun 2023 | monthly | Jan 1976 - Jun 2023 |
Malaysia (%) | 4.2 Sep 2024 | monthly | Dec 1970 - Sep 2024 |
Malta (%) | 4.1 Aug 2024 | monthly | Jan 2009 - Aug 2024 |
Mauritius (%) | 9.9 Jul 2024 | monthly | Jul 1977 - Jul 2024 |
Mexico (%) | 12.7 Sep 2024 | monthly | Dec 1986 - Sep 2024 |
Moldova (%) | 19.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
Mongolia (%) | 25.9 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
Montenegro (%) | 12.0 2023 | yearly | 2003 - 2023 |
Morocco (%) | 8.7 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
Mozambique (%) | 13.8 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Myanmar (%) | 15.9 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
Nepal (%) | 13.9 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Netherlands (%) | -0.0 Sep 2024 | monthly | Dec 1957 - Sep 2024 |
New Zealand (%) | 3.0 Sep 2024 | monthly | Mar 1989 - Sep 2024 |
Nigeria (%) | 63.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
Norway (%) | 2.6 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
Oman (%) | 12.4 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Pakistan (%) | 15.0 Sep 2024 | monthly | Jan 1989 - Sep 2024 |
Palestinian Territory (%) | 8.8 Sep 2024 | monthly | Jul 2003 - Sep 2024 |
Panama (%) | 8.7 Jul 2024 | monthly | Dec 2003 - Jul 2024 |
Paraguay (%) | 11.3 Sep 2024 | monthly | Dec 1989 - Sep 2024 |
Peru (%) | 11.4 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Philippines (%) | 7.8 Jul 2024 | monthly | Dec 1989 - Jul 2024 |
Poland (%) | 7.7 Aug 2024 | monthly | Dec 1997 - Aug 2024 |
Portugal (%) | 6.8 Sep 2024 | monthly | Dec 1980 - Sep 2024 |
Qatar (%) | 5.0 Sep 2024 | monthly | Jan 1983 - Sep 2024 |
Romania (%) | 9.0 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Russia (%) | 18.8 Sep 2024 | monthly | Dec 1992 - Sep 2024 |
Saudi Arabia (%) | 11.3 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Serbia (%) | 15.5 Sep 2024 | monthly | Aug 2002 - Sep 2024 |
Singapore (%) | 4.6 Sep 2024 | monthly | Mar 2005 - Sep 2024 |
Slovakia (%) | 5.6 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
Slovenia (%) | 2.5 Sep 2024 | monthly | Jan 2008 - Sep 2024 |
South Africa (%) | 6.8 Aug 2024 | monthly | Mar 1966 - Aug 2024 |
Spain (%) | 4.2 Sep 2024 | monthly | Jan 1963 - Sep 2024 |
Sri Lanka (%) | 10.6 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Sudan (%) | 43.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
Sweden (%) | 1.6 Sep 2024 | monthly | Jan 1999 - Sep 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) | 324.482 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Tax Revenue: % of GDP (%) | 6.7 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
National Government Debt (USD mn) | 52,374.4 Sep 2024 | monthly | Jul 2004 - Sep 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) | 324,482.432 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 126,490.852 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Central Government Revenue: Current Revenue (PAB th) | 416,985.014 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Public Debt: Domestic (USD mn) | 9,513.549 Sep 2024 | monthly | Jul 2004 - Sep 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -1,137.9 Aug 2024 | monthly | Jan 1964 - Aug 2024 |
Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
Total Exports Growth (%) | -78.5 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
Aluminum: Exports (USD th) | 6,067.531 2023 | yearly | 1995 - 2023 |
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) | 1,213.5 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Total Imports Growth (%) | -13.3 Aug 2024 | monthly | Jan 2001 - Aug 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) | 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) | 9,354.541 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Exports: FOB: Banana (PAB th) | 11,157.195 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Exports: FOB: Seafood Products (PAB th) | 10,858.852 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Exports: FOB (PAB th) | 75,636.141 Aug 2024 | monthly | Jan 2000 - Aug 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 |
Export Value Index (2015=100) | 115.979 2021 | yearly | 1981 - 2021 |
Import Value Index (2015=100) | 91.522 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) | 42,860.8 Sep 2024 | monthly | Jul 2004 - Sep 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 (PAB mn) | 3,793.233 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: Debit (PAB mn) | -1,204.292 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
BoP: CA: Income (PAB mn) | -699.429 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
BoP: CA: Income: Credit (PAB mn) | 1,040.920 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 (PAB mn) | 2.490 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: Financing: Reserve Assets (PAB mn) | 2,511.505 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
BoP: Financial Account (FA) (PAB mn) | -1,712.281 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 |
BoP: FA: Portfolio Investment: Liabilities (PAB mn) | 46.336 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) | 4,502.2 Jul 2024 | monthly | Oct 1969 - Jul 2024 |
Foreign Exchange Reserves: % of GDP (%) | 5.729 Jun 2024 | quarterly | Dec 2007 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 3.5 Aug 2024 | monthly | Jan 2000 - Aug 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) | 63,079.0 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
Domestic Credit Growth (%) | 5.0 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Household Debt (USD mn) | 32,516.0 Aug 2024 | monthly | Oct 2005 - Aug 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) | 20,911.483 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
More Indicators for Panama
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