Panama Non Performing Loans Ratio

2008 - 2024 | Monthly | % | CEIC Data

Key information about Panama Non Performing Loans Ratio

  • Panama Non Performing Loans Ratio stood at 1.5 % in Dec 2024, compared with the ratio of 1.7 % in the previous month
  • Panama Non Performing Loans Ratio data is updated monthly, available from Dec 2008 to Dec 2024
  • The data reached an all-time high of 2.7 % in Aug 2021 and a record low of 0.9 % in Mar 2013

The Superintendency of Banks of Panama provides Non Performing Loans Ratio. Non Performing Loans are defined as loans overdue for more than 90 days or it haven't received any payment of debt services and/or interest within 30 days after the expiration of such payments.


Further information about Panama Non Performing Loans Ratio

  • In the latest reports, Money Supply M2 in Panama increased 8.4 % YoY in Nov 2024
  • Panama Foreign Exchange Reserves was measured at 6.3 USD bn in Dec 2024
  • The Foreign Exchange Reserves equaled 5.5 Months of Import in Dec 2024
  • The country's Domestic Credit reached 63.6 USD bn in Dec 2024, representing an increased of 4.9 % YoY
  • Household Debt of Panama reached 32.9 USD bn in Dec 2024, accounting for 38.3 % of the country's Nominal GDP

View Panama's Non Performing Loans Ratio from Dec 2008 to Dec 2024 in the chart:

Panama Non Performing Loans Ratio

What was Panama's Non Performing Loans Ratio in Dec 2024?

Panama Non Performing Loans Ratio stood at 1.5 % in Dec 2024, compared with the ratio of 1.7 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.5 Dec 2024 1.7 Nov 2024 0.9 Mar 2013 2.7 Aug 2021 % monthly Dec 2008 - Dec 2024

Non Performing Loans Ratio by Country Comparison

country/region Last Frequency Range
Albania (%) 4.5 Nov 2024 monthly Jul 2007 - Nov 2024
Algeria (%) 20.3 2022 yearly 2009 - 2022
Argentina (%) 1.6 Dec 2024 monthly Dec 2002 - Dec 2024
Armenia (%) 1.2 Dec 2024 monthly Jan 2005 - Dec 2024
Australia (%) 1.1 Sep 2024 quarterly Jun 2004 - Sep 2024
Austria (%) 2.7 Jun 2024 semiannually Dec 2009 - Jun 2024
Azerbaijan (%) 5.9 Mar 2015 quarterly Dec 2009 - Mar 2015
Bahrain (%) 3.1 Sep 2023 semiannually Mar 2013 - Sep 2023
Bangladesh (%) 16.9 Sep 2024 quarterly Mar 2003 - Sep 2024
Belarus (%) 1.0 Dec 2018 monthly Dec 2003 - Dec 2018
Belgium (%) 0.6 Mar 2024 quarterly Mar 2007 - Mar 2024
Bolivia (%) 3.1 Dec 2024 monthly Aug 2014 - Dec 2024
Bosnia and Herzegovina (%) 3.5 Sep 2024 quarterly Dec 2000 - Sep 2024
Botswana (%) 3.2 Dec 2024 quarterly Dec 2002 - Dec 2024
Brazil (%) 3.0 Dec 2024 monthly Mar 2011 - Dec 2024
Brunei (%) 2.3 Sep 2024 quarterly Mar 2011 - Sep 2024
Bulgaria (%) 2.9 Mar 2023 quarterly Mar 2015 - Mar 2023
Cambodia (%) 2.1 2020 yearly 2009 - 2020
Canada (%) 0.6 Sep 2024 quarterly Mar 2005 - Sep 2024
Chile (%) 2.4 Dec 2024 monthly Jan 2009 - Dec 2024
China (%) 1.5 Dec 2024 quarterly Mar 2005 - Dec 2024
Colombia (%) 4.7 Dec 2024 monthly Apr 1995 - Dec 2024
Croatia (%) 2.5 Sep 2024 quarterly Dec 2001 - Sep 2024
Cyprus (%) 6.6 Oct 2024 monthly Dec 2014 - Oct 2024
Czech Republic (%) 1.7 Jan 2025 monthly Jan 2002 - Jan 2025
Denmark (%) 0.9 Sep 2024 quarterly Dec 2010 - Sep 2024
Ecuador (%) 5.3 Jan 2025 monthly Jan 2006 - Jan 2025
Egypt (%) 2.4 Sep 2024 quarterly Mar 2011 - Sep 2024
Estonia (%) 0.3 Jan 2025 monthly Dec 2000 - Jan 2025
European Union (%) 3.7 2017 yearly 2008 - 2017
Finland (%) 1.4 Jun 2024 quarterly Dec 2014 - Jun 2024
France (%) 2.4 2021 yearly 2008 - 2021
Georgia (%) 1.7 Jun 2023 monthly Dec 2003 - Jun 2023
Germany (%) 1.2 2022 yearly 2005 - 2022
Ghana (%) 24.3 Aug 2024 monthly Dec 2005 - Aug 2024
Greece (%) 31.9 Dec 2013 quarterly Mar 2005 - Dec 2013
Hong Kong SAR, China (%) 2.2 Sep 2024 quarterly Mar 1997 - Sep 2024
Hungary (%) 1.7 Sep 2024 quarterly Dec 2015 - Sep 2024
Iceland (%) 7.8 2021 yearly 2009 - 2021
India (%) 2.8 2024 yearly 1998 - 2024
Indonesia (%) 2.5 Apr 2023 monthly Jan 2003 - Apr 2023
Iran (%) 8.3 Dec 2023 monthly Jan 2011 - Dec 2023
Ireland (%) 1.2 Sep 2024 quarterly Mar 2010 - Sep 2024
Israel (%) 0.8 Sep 2024 quarterly Mar 2011 - Sep 2024
Italy (%) 3.0 Sep 2024 quarterly Jun 2008 - Sep 2024
Japan (%) 1.2 Sep 2024 semiannually Mar 1999 - Sep 2024
Jordan (%) 5.1 2023 yearly 2001 - 2023
Kazakhstan (%) 3.2 Jan 2025 monthly Apr 2008 - Jan 2025
Kenya (%) 11.1 Dec 2021 quarterly Mar 2016 - Dec 2021
South Korea (%) 0.4 Sep 2024 quarterly Jun 2001 - Sep 2024
Kosovo (%) 1.8 Dec 2024 monthly Jul 2010 - Dec 2024
Kuwait (%) 1.7 Sep 2024 quarterly Mar 2011 - Sep 2024
Kyrgyzstan (%) 10.7 Dec 2024 monthly Dec 2000 - Dec 2024
Laos (%) 1.7 Mar 2024 quarterly Dec 2017 - Mar 2024
Latvia (%) 1.2 Sep 2024 quarterly Dec 2004 - Sep 2024
Lebanon (%) 23.8 Jun 2020 quarterly Jun 2011 - Jun 2020
Lithuania (%) 0.6 Jun 2024 quarterly Mar 2009 - Jun 2024
Luxembourg (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Macau SAR, China (%) 5.5 Nov 2024 monthly Jan 1990 - Nov 2024
North Macedonia (%) 3.0 Jun 2024 quarterly Dec 2005 - Jun 2024
Malawi (%) 8.3 Jun 2024 quarterly Dec 2003 - Jun 2024
Malaysia (%) 1.5 Jan 2025 monthly Dec 2005 - Jan 2025
Malta (%) 2.2 2023 yearly 2003 - 2023
Mauritius (%) 3.8 Sep 2024 quarterly Mar 2009 - Sep 2024
Mexico (%) 1.9 Dec 2024 quarterly Dec 1994 - Dec 2024
Moldova (%) 4.2 Dec 2024 monthly Sep 2002 - Dec 2024
Mongolia (%) 5.2 Jan 2025 monthly Dec 1996 - Jan 2025
Montenegro (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Morocco (%) 8.3 Dec 2024 monthly Dec 2001 - Dec 2024
Nepal (%) 2.5 2015 yearly 2003 - 2015
Netherlands (%) 1.6 Sep 2024 quarterly Mar 2008 - Sep 2024
New Zealand (%) 0.5 Dec 2017 quarterly Mar 1996 - Dec 2017
Nigeria (%) 6.1 2019 yearly 2003 - 2019
Norway (%) 0.4 2022 yearly 1990 - 2022
Oman (%) 4.5 Sep 2024 quarterly Jun 2008 - Sep 2024
Pakistan (%) 8.4 Sep 2024 quarterly Mar 2006 - Sep 2024
Palestinian Territory (%) 3.4 Jun 2024 quarterly Dec 2008 - Jun 2024
Panama (%) 1.5 Dec 2024 monthly Dec 2008 - Dec 2024
Paraguay (%) 2.3 Jan 2025 monthly Jan 1999 - Jan 2025
Peru (%) 3.3 Dec 2024 monthly Dec 2004 - Dec 2024
Philippines (%) 3.3 Dec 2024 monthly Mar 2008 - Dec 2024
Poland (%) 5.2 Nov 2024 monthly Dec 1996 - Nov 2024
Portugal (%) 1.2 Jan 2025 monthly Dec 1997 - Jan 2025
Qatar (%) 3.7 2022 yearly 2000 - 2022
Romania (%) 2.5 Jan 2025 monthly Sep 2014 - Jan 2025
Russia (%) 16.8 Nov 2020 monthly Jun 2009 - Nov 2020
Saudi Arabia (%) 1.3 Sep 2024 quarterly Mar 2009 - Sep 2024
Serbia (%) 2.7 Sep 2024 quarterly Sep 2008 - Sep 2024
Singapore (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Slovakia (%) 2.0 Jan 2025 monthly Jan 2009 - Jan 2025
Slovenia (%) 0.7 Dec 2024 monthly Mar 2008 - Dec 2024
South Africa (%) 5.2 Dec 2024 monthly Jan 2008 - Dec 2024
Spain (%) 3.3 Dec 2024 monthly Jan 1962 - Dec 2024
Sri Lanka (%) 4.5 2021 yearly 1998 - 2021
Sudan (%) 3.7 2021 yearly 2000 - 2021
Sweden (%) 0.4 Jun 2024 quarterly Mar 2012 - Jun 2024
Switzerland (%) 0.7 2022 yearly 2005 - 2022
Taiwan (%) 0.1 Dec 2024 monthly Jan 2004 - Dec 2024
Tajikistan (%) 20.6 Apr 2019 monthly Jan 2000 - Apr 2019
Thailand (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019

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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) 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: Tax (PAB th) 693,972.524 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue (PAB th) 2,942,813.523 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) 13.703 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) 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
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) 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: CA: Goods: Credit (PAB mn) 4,331.072 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: CA: Goods: Debit (PAB mn) -5,833.509 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: 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
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Direct Investment (PAB mn) 674.772 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 (PAB mn) 2.333 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: Portfolio Investment: Liabilities (PAB mn) -361.598 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 (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 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: Goods (PAB mn) -1,502.437 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 (%) 1.5 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) 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) 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) 42,168.740 Nov 2024 monthly Dec 2002 - Nov 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,113.420 Dec 2024 monthly Dec 2002 - Dec 2024

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