Panama External Debt: Short Term: % of GDP
1970 - 2021 | Yearly | % | CEIC Data
Key information about Panama External Debt: Short Term: % of GDP
- Panama External Debt: Short Term accounted for 59.0 % of the country's Nominal GDP in 2021, compared with the ratio of 62.5 % in the previous year.
- Panama External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 1970 to 2021.
- The data reached an all-time high of 104.1 % in 2008 and a record low of 0.0 % in 2007.
CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. The World Bank provides Short Term External Debt in USD. The National Institute of Statistics and Census provides Nominal GDP in local currency based on benchmark year 2018. The International Monetary Fund average market exchange rate is used for currency conversions. Short Term External Debt as % of Nominal GDP prior to 2018 is calculated from Nominal GDP based on SNA 2008. Short Term External Debt as % of Nominal GDP prior to 2014 is sourced from the World Bank.
Related information about Panama External Debt: Short Term: % of GDP
- In the latest reports of Panama, Current Account recorded a surplus of 824.1 USD mn in Sep 2024.
- Foreign Direct Investment (FDI) increased by 726.8 USD mn in Sep 2024.
- Panama Direct Investment Abroad expanded by 52.0 USD mn in Sep 2024.
- Its Foreign Portfolio Investment fell by 361.6 USD mn in Sep 2024.
- Panama External Debt: Short Term value stood at 39.8 USD bn in Dec 2021.
- The country's Nominal GDP was reported at 18.1 USD bn in Sep 2022.
View Panama's External Debt: Short Term: % of GDP from 1970 to 2021 in the chart:
What was Panama's External Debt: Short Term: % of GDP in 2021?
Panama External Debt: Short Term accounted for 59.0 % of the country's Nominal GDP in 2021, compared with the ratio of 62.5 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 59.0 2021 | 62.5 2020 | 0.0 2007 | 104.1 2008 | % | yearly | 1970 - 2021 |
External Debt: Short Term: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.0 2023 | yearly | 1991 - 2023 |
| Algeria (%) | 0.8 2023 | yearly | 1977 - 2023 |
| Argentina (%) | 16.5 2023 | yearly | 2003 - 2023 |
| Armenia (%) | 12.9 2023 | yearly | 2000 - 2023 |
| Australia (%) | 27.1 2024 | yearly | 1988 - 2024 |
| Austria (%) | 48.2 2023 | yearly | 1997 - 2023 |
| Azerbaijan (%) | 0.6 2022 | yearly | 1993 - 2022 |
| Bangladesh (%) | 3.2 2024 | yearly | 2012 - 2024 |
| Belarus (%) | 13.8 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Belgium (%) | 91.9 2023 | yearly | 2007 - 2023 |
| Bolivia (%) | 0.0 2019 | yearly | 2000 - 2019 |
| Bosnia and Herzegovina (%) | 10.5 2023 | yearly | 1999 - 2023 |
| Botswana (%) | 1.5 2023 | yearly | 1994 - 2023 |
| Brazil (%) | 3.8 2024 | yearly | 1999 - 2024 |
| Bulgaria (%) | 9.1 2024 | yearly | 1999 - 2024 |
| Canada (%) | 55.6 2024 | yearly | 1990 - 2024 |
| Chile (%) | 7.3 2023 | yearly | 1971 - 2023 |
| China (%) | 7.5 2023 | yearly | 1985 - 2023 |
| Colombia (%) | 7.8 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 20.4 2022 | yearly | 1999 - 2022 |
| Cyprus (%) | 197.5 2023 | yearly | 2008 - 2023 |
| Czech Republic (%) | 31.5 2023 | yearly | 1995 - 2023 |
| Denmark (%) | 58.5 2023 | yearly | 2005 - 2023 |
| Ecuador (%) | 1.5 2023 | yearly | 1970 - 2023 |
| Egypt (%) | 6.8 2024 | yearly | 1990 - 2024 |
| Estonia (%) | 26.2 2023 | yearly | 1996 - 2023 |
| Finland (%) | 57.9 2024 | yearly | 1991 - 2024 |
| France (%) | 109.7 2023 | yearly | 2004 - 2023 |
| Georgia (%) | 13.7 2023 | yearly | 2006 - 2023 |
| Germany (%) | 55.6 2023 | yearly | 2004 - 2023 |
| Greece (%) | 79.9 2023 | yearly | 2003 - 2023 |
| Hong Kong SAR, China (%) | 298.8 2023 | yearly | 2001 - 2023 |
| Hungary (%) | 14.4 2023 | yearly | 1995 - 2023 |
| Iceland (%) | 8.1 2024 | yearly | 1989 - 2024 |
| India (%) | 3.5 2024 | yearly | 1990 - 2024 |
| Indonesia (%) | 4.6 2024 | yearly | 2003 - 2024 |
| Iran (%) | 0.1 2023 | yearly | 1994 - 2023 |
| Ireland (%) | 230.9 2024 | yearly | 2002 - 2024 |
| Israel (%) | 9.1 2023 | yearly | 2000 - 2023 |
| Italy (%) | 59.6 2022 | yearly | 2002 - 2022 |
| Ivory Coast (%) | 2.4 2022 | yearly | 1970 - 2022 |
| Japan (%) | 81.2 2024 | yearly | 2003 - 2024 |
| Jordan (%) | 33.4 2023 | yearly | 2000 - 2023 |
| Kazakhstan (%) | 7.4 2023 | yearly | 1992 - 2023 |
| Kenya (%) | 2.6 2023 | yearly | 1996 - 2023 |
| South Korea (%) | 7.9 2024 | yearly | 1994 - 2024 |
| Kosovo (%) | 13.5 2023 | yearly | 2007 - 2023 |
| Kyrgyzstan (%) | 7.4 2023 | yearly | 2003 - 2023 |
| Latvia (%) | 40.9 2024 | yearly | 2000 - 2024 |
| Lithuania (%) | 33.7 2023 | yearly | 2004 - 2023 |
| Luxembourg (%) | 1,154.1 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 23.6 2022 | yearly | 2004 - 2022 |
| Malawi (%) | 0.6 2019 | yearly | 2002 - 2019 |
| Malaysia (%) | 29.8 2024 | yearly | 2009 - 2024 |
| Malta (%) | 163.8 2023 | yearly | 2004 - 2023 |
| Mauritius (%) | 65.2 2023 | yearly | 2009 - 2023 |
| Mexico (%) | 3.3 2023 | yearly | 2002 - 2023 |
| Moldova (%) | 16.2 2023 | yearly | 2000 - 2023 |
| Mongolia (%) | 9.9 2024 | yearly | 1992 - 2024 |
| Montenegro (%) | 3.2 2022 | yearly | 2007 - 2022 |
| Morocco (%) | 7.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 4.2 2022 | yearly | 1984 - 2022 |
| Myanmar (%) | 0.1 2020 | yearly | 2018 - 2020 |
| Netherlands (%) | 148.5 2023 | yearly | 2003 - 2023 |
| New Zealand (%) | 29.3 2023 | yearly | 2000 - 2023 |
| Nigeria (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Norway (%) | 46.6 2022 | yearly | 2012 - 2022 |
| Pakistan (%) | 0.9 2024 | yearly | 2006 - 2024 |
| Palestinian Territory (%) | 3.6 2023 | yearly | 2012 - 2023 |
| Panama (%) | 59.0 2021 | yearly | 1970 - 2021 |
| Paraguay (%) | 11.6 2021 | yearly | 2002 - 2021 |
| Peru (%) | 3.2 2024 | yearly | 1980 - 2024 |
| Philippines (%) | 3.9 2023 | yearly | 2005 - 2023 |
| Poland (%) | 8.6 2023 | yearly | 2004 - 2023 |
| Portugal (%) | 60.8 2023 | yearly | 1996 - 2023 |
| Romania (%) | 13.8 2024 | yearly | 2004 - 2024 |
| Russia (%) | 4.4 2023 | yearly | 2001 - 2023 |
| Serbia (%) | 1.0 2023 | yearly | 2000 - 2023 |
| Singapore (%) | 254.2 2023 | yearly | 2003 - 2023 |
| Slovakia (%) | 42.9 2023 | yearly | 2006 - 2023 |
| Slovenia (%) | 31.7 2024 | yearly | 1995 - 2024 |
| South Africa (%) | 8.4 2023 | yearly | 1994 - 2023 |
| Spain (%) | 64.4 2023 | yearly | 2000 - 2023 |
| Sri Lanka (%) | 11.5 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 15.7 2021 | yearly | 1970 - 2021 |
| Sweden (%) | 54.9 2024 | yearly | 1997 - 2024 |
| Switzerland (%) | 115.7 2023 | yearly | 1999 - 2023 |
| Taiwan (%) | 25.2 2024 | yearly | 1999 - 2024 |
| Tajikistan (%) | 6.8 2022 | yearly | 1993 - 2022 |
| Thailand (%) | 15.7 2023 | yearly | 1980 - 2023 |
| Tunisia (%) | 32.0 2023 | yearly | 2002 - 2023 |
| Turkey (%) | 15.9 2023 | yearly | 1989 - 2023 |
| Ukraine (%) | 5.4 2023 | yearly | 2009 - 2023 |
| United Kingdom (%) | 196.0 2023 | yearly | 1979 - 2023 |
| United States (%) | 29.6 2023 | yearly | 2003 - 2023 |
| Uruguay (%) | 10.4 2023 | yearly | 1999 - 2023 |
| Venezuela (%) | 0.2 2017 | yearly | 1997 - 2017 |
| Vietnam (%) | 8.2 2023 | yearly | 1985 - 2023 |
| Yemen (%) | 1.8 2017 | yearly | 1991 - 2017 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doPanama Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.4 2024 | yearly | 2003 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -6,416.100 2024 | yearly | 2003 - 2024 |
| 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 (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 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 693,972.524 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) | 13.974 Nov 2024 | monthly | Jan 1970 - Nov 2024 |
| Total Imports from USA (USD mn) | 172.879 Nov 2024 | monthly | Jan 1967 - Nov 2024 |
| Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
| Total Imports from China (USD mn) | 166.517 Nov 2024 | monthly | Mar 1989 - Nov 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: Raw Wood (PAB th) | 7,428.13 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
| Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) | 6,147.94 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: Services: Credit (PAB mn) | 5,032.566 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: Goods (PAB mn) | -1,502.437 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 (PAB mn) | 2.333 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: Debit (PAB mn) | -1,348.937 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: Credit (PAB mn) | 1,000.008 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Financial Account (FA) (PAB mn) | 1,446.866 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income: Debit (PAB mn) | -2,297.497 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: Financing: Reserve Assets (PAB mn) | -5.330 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Direct Investment (PAB mn) | 674.772 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account: Credit (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods: Credit (PAB mn) | 4,331.072 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| International Investment Position (IIP) (USD mn) | -78,418.321 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| IIP: Liabilities (USD mn) | 181,645.968 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| IIP: Assets (USD mn) | 103,227.647 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) | 9,218.690 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Money Supply M2 (USD mn) | 43,274.380 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| M2 Growth (%) | 9.5 Dec 2024 | monthly | Dec 2003 - Dec 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) | 43,274.380 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| LC: National Banking System: Private Sector: Mortgage (PAB mn) | 21,113.420 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
More Indicators for Panama
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.