Panama Short Term Interest Rate

2006 - 2024 | Monthly | % pa | Superintendency of Banks of Panama

Key information about Panama Short Term Interest Rate

  • Panama Short Term Interest Rate: Month End: Interbank Reference Rate: 3 Months was reported at 4.98 % pa in Sep 2024, compared with 5.33 % pa in the previous month.
  • Panama Short Term Interest Rate data is updated monthly, available from Jan 2006 to Sep 2024.
  • The data reached an all-time high of 7.11 % pa in Nov 2006 and a record low of 0.12 % pa in Apr 2013.
  • Short Term Interest Rate is reported by reported by Superintendency of Banks of Panama.
  • Panama Exchange Rate against USD averaged 1.00 (USD/PAB) in May 2023.

View Panama's Short Term Interest Rate from Jan 2006 to Sep 2024 in the chart:

Panama Short Term Interest Rate

What was Panama's Short Term Interest Rate in Sep 2024?

Panama Short Term Interest Rate: Month End: Interbank Reference Rate: 3 Months was reported at 4.98 % pa in Sep 2024, compared with 5.33 % pa in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.98 Sep 2024 5.33 Aug 2024 0.12 Apr 2013 7.11 Nov 2006 % pa monthly Jan 2006 - Sep 2024

Short Term Interest Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 3.05 Apr 2024 monthly Jan 2002 - Apr 2024
Algeria (% pa) 2.93 Dec 2023 monthly Jun 2006 - Dec 2023
Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
Australia (% pa) 4.42 Oct 2024 monthly Jun 1969 - Oct 2024
Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Azerbaijan (% pa) 7.50 Mar 2024 monthly Dec 2002 - Mar 2024
Bahrain (% pa) 5.12 Sep 2024 quarterly Jun 2003 - Sep 2024
Bangladesh (% pa) 6.63 May 2023 monthly Sep 2003 - May 2023
Belarus (% pa) 10.50 Jul 2024 monthly Apr 2003 - Jul 2024
Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Bolivia (% pa) 6.17 Sep 2024 monthly Jan 1998 - Sep 2024
Botswana (% pa) -0.89 Sep 2024 monthly Jan 2003 - Sep 2024
Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
Cambodia (% pa) 1.10 Oct 2024 monthly Dec 2016 - Oct 2024
Canada (% pa) 3.51 Oct 2024 monthly Jan 1993 - Oct 2024
China (% pa) 1.88 Oct 2024 monthly Oct 2006 - Oct 2024
Colombia (% pa) 13.02 Jun 2023 monthly Jan 1986 - Jun 2023
Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Czech Republic (% pa) 4.36 Aug 2024 monthly Apr 1992 - Aug 2024
Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
Ecuador (% pa) 4.64 May 2023 monthly Apr 2000 - May 2023
Egypt (% pa) 27.43 Oct 2024 monthly Jan 2001 - Oct 2024
Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Georgia (% pa) 7.56 Oct 2024 monthly Feb 2008 - Oct 2024
Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Ghana (% pa) 24.85 Aug 2024 monthly Aug 1996 - Aug 2024
Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Hong Kong SAR, China (% pa) 4.31 Oct 2024 monthly Jul 1996 - Oct 2024
Hungary (% pa) 6.47 Oct 2024 monthly Aug 1996 - Oct 2024
Iceland (% pa) 9.21 Oct 2024 monthly Aug 1998 - Oct 2024
India (% pa) 7.14 May 2023 monthly Sep 2015 - May 2023
Indonesia (% pa) 6.76 May 2023 monthly Dec 1995 - May 2023
Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
Israel (% pa) 4.52 Oct 2024 monthly Mar 2007 - Oct 2024
Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Japan (% pa) 0.45 Oct 2024 monthly Jan 1997 - Oct 2024
Jordan (% pa) 7.80 Oct 2024 monthly Aug 2005 - Oct 2024
Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
Kenya (% pa) 15.85 Aug 2024 monthly Jul 1991 - Aug 2024
South Korea (% pa) 3.40 Oct 2024 monthly Jul 2004 - Oct 2024
Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Kuwait (% pa) 3.94 Oct 2024 monthly Nov 2001 - Oct 2024
Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Lebanon (% pa) 120.00 Jul 2023 monthly Mar 1972 - Jul 2023
Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Macau SAR, China (% pa) 4.97 Jun 2023 monthly Jun 1988 - Jun 2023
North Macedonia (% pa) 4.52 Oct 2024 monthly Jul 2007 - Oct 2024
Malawi (% pa) 16.00 Aug 2024 monthly Jan 1983 - Aug 2024
Malaysia (% pa) 3.58 Oct 2024 monthly Jan 1988 - Oct 2024
Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Mauritius (% pa) 2.75 Sep 2024 monthly Apr 1998 - Sep 2024
Mexico (% pa) 10.92 Oct 2024 monthly Jan 1997 - Oct 2024
Moldova (% pa) 8.08 Oct 2024 monthly Dec 2005 - Oct 2024
Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Morocco (% pa) 2.76 Oct 2024 monthly Jan 1995 - Oct 2024
Mozambique (% pa) 14.99 Sep 2024 monthly Nov 2005 - Sep 2024
Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
Nepal (% pa) 2.96 Oct 2024 monthly Feb 1993 - Oct 2024
Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
New Zealand (% pa) 5.71 Jun 2023 monthly Jan 1985 - Jun 2023
Nigeria (% pa) 26.37 Oct 2024 monthly Jan 2010 - Oct 2024
Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
Oman (% pa) 0.00 Sep 2024 monthly Jan 2004 - Sep 2024
Pakistan (% pa) 22.91 Jun 2023 monthly Nov 2004 - Jun 2023
Panama (% pa) 4.98 Sep 2024 monthly Jan 2006 - Sep 2024
Philippines (% pa) 5.48 Oct 2024 monthly Jan 1975 - Oct 2024
Poland (% pa) 5.85 Oct 2024 monthly Jan 1999 - Oct 2024
Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Qatar (% pa) 5.25 Sep 2024 monthly Jul 2004 - Sep 2024
Romania (% pa) 5.55 Oct 2024 monthly Aug 1995 - Oct 2024
Russia (% pa) 9.71 Jul 2023 monthly Aug 2000 - Jul 2023
Saudi Arabia (% pa) 6.11 Aug 2024 monthly Jan 2007 - Aug 2024
Serbia (% pa) 4.80 Oct 2024 monthly Aug 2005 - Oct 2024
Singapore (% pa) 3.30 Oct 2024 monthly Oct 1995 - Oct 2024
Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
South Africa (% pa) 7.98 Oct 2024 monthly Dec 1980 - Oct 2024
Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
Switzerland (% pa) 0.91 Oct 2024 monthly Jul 1999 - Oct 2024
Taiwan (% pa) 1.67 Oct 2024 monthly Oct 2005 - Oct 2024
Thailand (% pa) 2.40 Oct 2024 monthly Jan 2005 - Oct 2024
Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
Ukraine (% pa) 7.24 Aug 2024 monthly Jan 2006 - Aug 2024
United Arab Emirates (% pa) 4.61 Oct 2024 monthly Oct 2009 - Oct 2024
United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
United States (% pa) 4.44 Oct 2024 monthly Jan 1954 - Oct 2024
Uruguay (% pa) 8.94 Oct 2024 monthly Sep 2002 - Oct 2024
Venezuela (% pa) 43.78 Jun 2023 monthly Jan 1998 - Jun 2023
Vietnam (% pa) 4.61 Oct 2024 monthly Jul 2004 - Oct 2024
Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
Zambia (% pa) 10.10 Apr 2023 monthly Jan 2006 - Apr 2023

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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) 524.792 Sep 2024 monthly Jan 1995 - Sep 2024
Tax Revenue: % of GDP (%) 6.7 Jun 2024 quarterly Mar 2007 - Jun 2024
National Government Debt (USD mn) 53,809.6 Oct 2024 monthly Jul 2004 - Oct 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) 524,791.719 Sep 2024 monthly Jan 1995 - Sep 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 318,580.301 Sep 2024 monthly Jan 1995 - Sep 2024
Central Government Revenue: Current Revenue (PAB th) 608,086.752 Sep 2024 monthly Jan 1995 - Sep 2024
Public Debt: Domestic (USD mn) 9,723.943 Oct 2024 monthly Jul 2004 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,085.6 Sep 2024 monthly Jan 1964 - Sep 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -77.9 Sep 2024 monthly Jan 2001 - Sep 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) 1,169.0 Sep 2024 monthly Jan 2000 - Sep 2024
Total Imports Growth (%) -5.5 Sep 2024 monthly Jan 2001 - Sep 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) 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) 10,636.669 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: FOB: Banana (PAB th) 16,814.717 Sep 2024 monthly Jan 2000 - Sep 2024
Exports: FOB: Seafood Products (PAB th) 8,710.581 Sep 2024 monthly Jan 2002 - Sep 2024
Exports: FOB (PAB th) 83,394.847 Sep 2024 monthly Jan 2000 - Sep 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) 44,085.7 Oct 2024 monthly Jul 2004 - Oct 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
BoP: CA: Goods (PAB mn) -2,641.439 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: 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: Income (PAB mn) -699.429 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: Income: Debit (PAB mn) -1,740.348 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: Services: Debit (PAB mn) -1,204.292 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: Capital Account (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financial Account (FA) (PAB mn) -1,712.281 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financing: Reserve Assets (PAB mn) 2,511.505 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) 5,684.4 Oct 2024 monthly Oct 1969 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 5.729 Jun 2024 quarterly Dec 2007 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.1 Sep 2024 monthly Jan 2000 - Sep 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) 63,835.8 Sep 2024 monthly Dec 2001 - Sep 2024
Domestic Credit Growth (%) 5.4 Sep 2024 monthly Dec 2002 - Sep 2024
Household Debt (USD mn) 32,565.1 Sep 2024 monthly Oct 2005 - Sep 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) 20,904.228 Sep 2024 monthly Dec 2002 - Sep 2024

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