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 1.3 USD bn in Mar 2026.
- Foreign Direct Investment (FDI) increased by 213.3 USD mn in Mar 2026.
- Panama Direct Investment Abroad expanded by 226.2 USD mn in Mar 2026.
- Its Foreign Portfolio Investment fell by 827.3 USD mn in Mar 2026.
- Panama External Debt: Short Term value stood at 39.8 USD bn in Dec 2021.
- The country's Nominal GDP was reported at 20.1 USD bn in Jun 2025.
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 2025 | yearly | 1991 - 2025 |
| Algeria (%) | 0.7 2024 | yearly | 1977 - 2024 |
| Argentina (%) | 12.5 2025 | yearly | 2003 - 2025 |
| Armenia (%) | 16.8 2025 | yearly | 2000 - 2025 |
| Australia (%) | 25.4 2025 | yearly | 1988 - 2025 |
| Austria (%) | 45.4 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 0.3 2024 | yearly | 1993 - 2024 |
| Bangladesh (%) | 3.2 2025 | yearly | 2012 - 2025 |
| Belarus (%) | 13.0 Mar 2026 | quarterly | Dec 2000 - Mar 2026 |
| Belgium (%) | 105.5 2025 | yearly | 2007 - 2025 |
| Bolivia (%) | 0.0 2019 | yearly | 2000 - 2019 |
| Bosnia and Herzegovina (%) | 10.3 2024 | yearly | 1999 - 2024 |
| Botswana (%) | 0.8 2024 | yearly | 1994 - 2024 |
| Brazil (%) | 4.9 2025 | yearly | 1999 - 2025 |
| Bulgaria (%) | 10.6 2025 | yearly | 1999 - 2025 |
| Canada (%) | 56.1 2025 | yearly | 1990 - 2025 |
| Chile (%) | 7.1 2024 | yearly | 1971 - 2024 |
| China (%) | 6.8 2025 | yearly | 1985 - 2025 |
| Colombia (%) | 7.4 2025 | yearly | 1970 - 2025 |
| Croatia (%) | 20.7 2022 | yearly | 1999 - 2022 |
| Cyprus (%) | 162.6 2025 | yearly | 2008 - 2025 |
| Czech Republic (%) | 32.9 2025 | yearly | 1995 - 2025 |
| Denmark (%) | 60.5 2025 | yearly | 2005 - 2025 |
| Ecuador (%) | 1.3 2025 | yearly | 1970 - 2025 |
| Egypt (%) | 8.5 2025 | yearly | 1990 - 2025 |
| Estonia (%) | 29.2 2025 | yearly | 1996 - 2025 |
| Finland (%) | 70.8 2025 | yearly | 1991 - 2025 |
| France (%) | 117.0 2025 | yearly | 2004 - 2025 |
| Georgia (%) | 13.9 2025 | yearly | 2006 - 2025 |
| Germany (%) | 54.8 2025 | yearly | 2004 - 2025 |
| Greece (%) | 73.7 2025 | yearly | 2003 - 2025 |
| Hong Kong SAR, China (%) | 289.2 2025 | yearly | 2001 - 2025 |
| Hungary (%) | 14.2 2025 | yearly | 1995 - 2025 |
| Iceland (%) | 7.4 2025 | yearly | 1989 - 2025 |
| India (%) | 4.0 2026 | yearly | 1990 - 2026 |
| Indonesia (%) | 4.3 2025 | yearly | 2003 - 2025 |
| Iran (%) | 0.5 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 235.6 2025 | yearly | 2002 - 2025 |
| Israel (%) | 9.2 2025 | yearly | 2000 - 2025 |
| Italy (%) | 40.3 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 4.9 2024 | yearly | 1970 - 2024 |
| Japan (%) | 78.2 2025 | yearly | 2003 - 2025 |
| Jordan (%) | 32.4 2025 | yearly | 2000 - 2025 |
| Kazakhstan (%) | 7.1 2025 | yearly | 1992 - 2025 |
| Kenya (%) | 1.7 2024 | yearly | 1996 - 2024 |
| South Korea (%) | 9.5 2025 | yearly | 1994 - 2025 |
| Kosovo (%) | 14.3 2024 | yearly | 2007 - 2024 |
| Kyrgyzstan (%) | 6.3 2025 | yearly | 2003 - 2025 |
| Latvia (%) | 40.4 2024 | yearly | 2000 - 2024 |
| Lithuania (%) | 51.8 2025 | yearly | 2004 - 2025 |
| Luxembourg (%) | 1,145.9 2025 | yearly | 2002 - 2025 |
| North Macedonia (%) | 19.4 2024 | yearly | 2004 - 2024 |
| Malawi (%) | 0.6 2019 | yearly | 2002 - 2019 |
| Malaysia (%) | 29.4 2025 | yearly | 2009 - 2025 |
| Malta (%) | 135.0 2025 | yearly | 2004 - 2025 |
| Mauritius (%) | 77.4 2025 | yearly | 2009 - 2025 |
| Mexico (%) | 3.4 2025 | yearly | 2002 - 2025 |
| Moldova (%) | 14.6 2025 | yearly | 2000 - 2025 |
| Mongolia (%) | 9.1 2025 | yearly | 1992 - 2025 |
| Montenegro (%) | 2.8 2024 | yearly | 2007 - 2024 |
| Morocco (%) | 7.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 5.3 2024 | yearly | 1984 - 2024 |
| Myanmar (%) | 0.1 2023 | yearly | 2018 - 2023 |
| Netherlands (%) | 82.6 2025 | yearly | 2003 - 2025 |
| New Zealand (%) | 32.0 2025 | yearly | 2000 - 2025 |
| Nigeria (%) | 0.2 2022 | yearly | 2008 - 2022 |
| Norway (%) | 54.4 2025 | yearly | 2012 - 2025 |
| Pakistan (%) | 0.8 2025 | yearly | 2006 - 2025 |
| Palestinian Territory (%) | 4.6 2024 | yearly | 2012 - 2024 |
| Panama (%) | 59.0 2021 | yearly | 1970 - 2021 |
| Paraguay (%) | 11.6 2021 | yearly | 2002 - 2021 |
| Peru (%) | 2.2 2025 | yearly | 1980 - 2025 |
| Philippines (%) | 4.2 2025 | yearly | 2005 - 2025 |
| Poland (%) | 7.3 2025 | yearly | 2004 - 2025 |
| Portugal (%) | 61.7 2025 | yearly | 1996 - 2025 |
| Romania (%) | 13.3 2024 | yearly | 2004 - 2024 |
| Russia (%) | 5.9 2025 | yearly | 2001 - 2025 |
| Serbia (%) | 1.2 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 248.1 2025 | yearly | 2003 - 2025 |
| Slovakia (%) | 38.6 2025 | yearly | 2006 - 2025 |
| Slovenia (%) | 33.0 2025 | yearly | 1995 - 2025 |
| South Africa (%) | 11.6 2025 | yearly | 1994 - 2025 |
| Spain (%) | 60.9 2024 | yearly | 2000 - 2024 |
| Sri Lanka (%) | 11.5 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 15.7 2021 | yearly | 1970 - 2021 |
| Sweden (%) | 50.6 2025 | yearly | 1997 - 2025 |
| Switzerland (%) | 115.1 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 24.1 2025 | yearly | 1999 - 2025 |
| Tajikistan (%) | 6.1 2024 | yearly | 1993 - 2024 |
| Thailand (%) | 15.3 2025 | yearly | 1980 - 2025 |
| Tunisia (%) | 33.9 2025 | yearly | 2002 - 2025 |
| Turkey (%) | 10.5 2025 | yearly | 1995 - 2025 |
| Ukraine (%) | 6.4 2025 | yearly | 2009 - 2025 |
| United Kingdom (%) | 192.0 2025 | yearly | 1979 - 2025 |
| United States (%) | 32.2 2025 | yearly | 2003 - 2025 |
| Uruguay (%) | 10.9 2025 | yearly | 1999 - 2025 |
| Venezuela (%) | 0.2 2017 | yearly | 1997 - 2017 |
| Vietnam (%) | 7.8 2024 | yearly | 1985 - 2024 |
| Yemen (%) | 1.8 2017 | yearly | 1991 - 2017 |
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Learn more about what we doPanama Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.7 2025 | yearly | 2003 - 2025 |
| Consolidated Fiscal Balance (USD mn) | -3,320.820 2025 | yearly | 2003 - 2025 |
| Tax Revenue (USD mn) | 446.235 May 2026 | monthly | Jan 1995 - May 2026 |
| Tax Revenue: % of GDP (%) | 6.9 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| National Government Debt (USD mn) | 59,349.3 Dec 2025 | monthly | Jul 2004 - Dec 2025 |
| Government Debt: % of GDP (%) | 65.6 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Forecast: Government Expenditure (PAB bn) | 27.414 2031 | yearly | 1994 - 2031 |
| Forecast: Government Net Debt (PAB bn) | 70.782 2031 | yearly | 1994 - 2031 |
| Forecast: Government Revenue (PAB bn) | 25.515 2031 | yearly | 1994 - 2031 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 446,234.956 May 2026 | monthly | Jan 1995 - May 2026 |
| Central Government Revenue: Current Revenue (PAB th) | 579,053.501 May 2026 | monthly | Jan 1995 - May 2026 |
| Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 216,833.914 May 2026 | monthly | Jan 1995 - May 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,350.7 May 2026 | monthly | Jan 1964 - May 2026 |
| Total Exports (USD mn) | 83.9 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Total Exports Growth (%) | 11.0 May 2026 | monthly | Jan 2001 - May 2026 |
| Aluminum: Exports (USD th) | 29,822.596 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 323,272.727 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 17,017.382 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 1,442.8 May 2026 | monthly | Jan 2000 - May 2026 |
| Total Imports Growth (%) | 24.7 May 2026 | monthly | Jan 2001 - May 2026 |
| Imports: Medicament (USD th) | 1,218,666.412 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 319,206.805 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 20.645 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Total Imports from USA (USD mn) | 207.067 Feb 2026 | monthly | Jan 1967 - Feb 2026 |
| Total Exports to China (USD mn) | 1,311.685 2023 | yearly | 1999 - 2023 |
| Total Imports from China (USD mn) | 161.698 Feb 2026 | monthly | Mar 1989 - Feb 2026 |
| Exports: FOB: Asia: Rest of Asia: South Korea (PAB th) | 233,057.000 2023 | yearly | 1999 - 2023 |
| Exports: FOB: Asia: Rest of Asia: China (PAB th) | 1,311,685.000 2023 | yearly | 1999 - 2023 |
| Exports: FOB: America: NAFTA: USA (PAB th) | 145,828.000 2023 | yearly | 1999 - 2023 |
| Exports: FOB: Asia: Rest of Asia: Taiwan (PAB th) | 66,371.000 2023 | yearly | 1999 - 2023 |
| Exports: FOB: America: NAFTA: Mexico (PAB th) | 46,106.000 2023 | yearly | 1999 - 2023 |
| Exports: FOB: Banana (PAB th) | 10,901.687 May 2026 | monthly | Jan 2000 - May 2026 |
| Exports: FOB: Prawn (PAB th) | 10,596.844 May 2026 | monthly | Jan 2000 - May 2026 |
| Exports: FOB: Seafood Products (PAB th) | 5,933.478 May 2026 | monthly | Jan 2002 - May 2026 |
| Exports: FOB (PAB th) | 92,138.748 May 2026 | monthly | Jan 2000 - May 2026 |
| Imports: CIF: Asia: Rest of Asia: China (PAB th) | 1,755,621.000 2023 | yearly | 1999 - 2023 |
| Imports: CIF: America: NAFTA: USA (PAB th) | 2,729,967.000 2023 | yearly | 1999 - 2023 |
| Imports: CIF: Asia: ASEAN: Thailand (PAB th) | 108,126.000 2023 | yearly | 1999 - 2023 |
| Imports: CIF: America: LAIA: MERCOSUR: Brazil (PAB th) | 299,244.000 2023 | yearly | 1999 - 2023 |
| Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) | 47,260.000 2023 | yearly | 1999 - 2023 |
| 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 |
| Import Value Index (2015=100) | 118.600 2024 | yearly | 2005 - 2024 |
| Export Value Index (2015=100) | 116.200 2024 | yearly | 2005 - 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 212.3 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| Current Account Balance (USD mn) | 1,289.6 Mar 2026 | quarterly | Mar 1998 - Mar 2026 |
| Current Account Balance: % of GDP (%) | 5.3 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Foreign Direct Investment (USD mn) | 213.3 Mar 2026 | quarterly | Mar 1998 - Mar 2026 |
| Foreign Direct Investment: % of GDP (%) | 0.9 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Foreign Portfolio Investment (USD mn) | -827.293 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| Foreign Portfolio Investment: % of GDP (%) | -3.4 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -827.293 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| External Debt (USD mn) | 48,680.8 Dec 2025 | monthly | Jul 2004 - Dec 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) | -3.282 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | -80,772.587 Mar 2026 | quarterly | Mar 2002 - Mar 2026 |
| BoP: Net Errors and Omissions (PAB mn) | -3,725.983 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Goods (PAB mn) | -2,346.809 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| Balance of Payment (BoP): Current Account (CA) (PAB mn) | 1,289.579 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: Capital Account: Credit (PAB mn) | 1.600 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Goods: Debit (PAB mn) | -7,038.145 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Income (PAB mn) | -1,006.464 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Services: Credit (PAB mn) | 5,998.538 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: FA: Direct Investment (PAB mn) | -12.889 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Services (PAB mn) | 4,646.733 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: Financing: Reserve Assets (PAB mn) | 1,614.738 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Goods: Credit (PAB mn) | 4,691.336 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Income: Credit (PAB mn) | 1,072.184 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Services: Debit (PAB mn) | -1,351.805 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: CA: Income: Debit (PAB mn) | -2,078.648 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | -827.293 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: Capital Account (PAB mn) | 1.600 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 909.219 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| BoP: Financial Account (FA) (PAB mn) | 820.065 Mar 2026 | quarterly | Mar 2013 - Mar 2026 |
| International Investment Position (IIP) (USD mn) | -80,772.587 Mar 2026 | quarterly | Mar 2015 - Mar 2026 |
| IIP: Assets (USD mn) | 118,737.905 Mar 2026 | quarterly | Mar 2015 - Mar 2026 |
| IIP: Liabilities (USD mn) | 199,510.492 Mar 2026 | quarterly | Mar 2015 - Mar 2026 |
| Foreign Direct Investment (FDI) (PAB mn) | 803.813 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.5 Apr 2026 | monthly | Dec 2008 - Apr 2026 |
| Household Debt: % of GDP (%) | 37.8 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Non-Performing Loans (USD mn) | 1,572.629 Apr 2026 | monthly | Dec 2008 - Apr 2026 |
| Money Supply M1 (USD mn) | 9,470.440 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Money Supply M2 (USD mn) | 46,864.940 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| M2 Growth (%) | 6.0 Apr 2026 | monthly | Dec 2003 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 5,346.1 May 2026 | monthly | Oct 1969 - May 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 6.239 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.7 May 2026 | monthly | Jan 2000 - May 2026 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Sep 1969 - Mar 2024 |
| Total Deposits (USD mn) | 120,742.505 Apr 2026 | monthly | Dec 1998 - Apr 2026 |
| Total Deposits Growth (%) | 7.3 Apr 2026 | monthly | Dec 1999 - Apr 2026 |
| Domestic Credit (USD mn) | 65,254.4 Apr 2026 | monthly | Dec 2001 - Apr 2026 |
| Domestic Credit Growth (%) | 1.2 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Household Debt (USD mn) | 34,307.6 Apr 2026 | monthly | Oct 2005 - Apr 2026 |
| Total Loans (USD mn) | 104,817.978 Apr 2026 | monthly | Dec 1998 - Apr 2026 |
| Total Loans Growth (%) | 4.57 Apr 2026 | monthly | Dec 1999 - Apr 2026 |
| Private Debt: % of Nominal GDP (%) | 67.13 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Money Supply: M3 (PAB mn) | 46,864.940 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| LC: National Banking System: Private Sector: Mortgage (PAB mn) | 21,435.075 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
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