Panama Foreign Exchange Reserves

1969 - 2023 | Monthly | USD mn | CEIC Data

Key information about Panama Foreign Exchange Reserves

  • Panama Foreign Exchange Reserves was measured at 4.1 USD bn in Sep 2023, compared with 4.7 USD bn in the previous month
  • Panama Foreign Exchange Reserves: USD mn data is updated monthly, available from Oct 1969 to Sep 2023
  • The data reached an all-time high of 10.4 USD bn in Jan 2021 and a record low of 7.5 USD mn in Jul 1970

The International Monetary Fund provides monthly Foreign Exchange Reserves in USD.


Further information about Panama Foreign Exchange Reserves
  • In the latest reports, Panama Foreign Exchange Reserves equaled 4.3 Months of Import in Jun 2023.
  • Its Money Supply M2 increased 38.2 USD bn YoY in Aug 2023.
  • Panama Domestic Credit reached 60.0 USD bn in Aug 2023, representing an increased of 5.0 % YoY.
  • The country's Non Performing Loans Ratio stood at 1.5 % in Aug 2023, compared with the ratio of 1.6 % in the previous month.
  • Household Debt of Panama reached 42.6 % in Sep 2022, accounting for 42.6 % of the country's Nominal GDP.

View Panama's Foreign Exchange Reserves from Oct 1969 to Sep 2023 in the chart:

Panama Foreign Exchange Reserves

What was Panama's Foreign Exchange Reserves in Sep 2023?

Panama Foreign Exchange Reserves was measured at 4.1 USD bn in Sep 2023, compared with 4.7 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
4,118.4 Sep 2023 4,718.7 Aug 2023 7.5 Jul 1970 10,362.7 Jan 2021 USD mn monthly Oct 1969 - Sep 2023

Foreign Exchange Reserves by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 5,600.3 Sep 2023 monthly Dec 1993 - Sep 2023
Algeria (USD mn) 63,761.8 Sep 2023 monthly Jan 1968 - Sep 2023
Argentina (USD mn) 21,369.1 Sep 2023 monthly Dec 1956 - Sep 2023
Armenia (USD mn) 3,761.5 Oct 2023 monthly Dec 1993 - Oct 2023
Australia (USD mn) 35,809.4 Oct 2023 monthly Jul 1969 - Oct 2023
Austria (USD mn) 4,270.6 Sep 2023 monthly Jan 1957 - Sep 2023
Azerbaijan (USD mn) 10,104.1 Sep 2023 monthly Dec 1992 - Sep 2023
Bahrain (USD mn) 4,406.0 Feb 2023 monthly Oct 1965 - Feb 2023
Bangladesh (USD mn) 26,152.4 May 2023 monthly Dec 1972 - May 2023
Belarus (USD mn) 3,331.5 Oct 2023 monthly Dec 2002 - Oct 2023
Belgium (USD mn) 8,000.0 Oct 2023 monthly Jan 1999 - Oct 2023
Bolivia (USD mn) 372.4 Jan 2023 monthly Jan 1999 - Jan 2023
Bosnia and Herzegovina (USD mn) 8,531.4 Sep 2023 monthly Aug 1997 - Sep 2023
Botswana (USD mn) 5,165.9 Apr 2021 monthly Jan 1992 - Apr 2021
Brazil (USD mn) 309,006.2 Oct 2023 monthly Nov 2000 - Oct 2023
Brunei (USD mn) 3,033.0 Jul 2023 monthly Dec 1999 - Jul 2023
Bulgaria (USD mn) 34,117.5 Oct 2023 monthly Sep 2003 - Oct 2023
Cambodia (USD mn) 15,643.0 Jul 2023 monthly Dec 1993 - Jul 2023
Canada (USD mn) 85,070.0 Oct 2023 monthly Jun 1999 - Oct 2023
Chile (USD mn) 38,573.2 Oct 2023 monthly Jan 1982 - Oct 2023
China (USD mn) 3,101,224.0 Oct 2023 monthly Jan 1989 - Oct 2023
Colombia (USD mn) 52,733.5 Sep 2023 monthly Dec 1956 - Sep 2023
Croatia (USD mn) 28,293.0 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (USD mn) 185.2 Sep 2023 monthly Jan 2002 - Sep 2023
Czech Republic (USD mn) 130,987.5 Oct 2023 monthly Mar 2000 - Oct 2023
Denmark (USD mn) 76,268.1 Sep 2023 monthly Jan 2002 - Sep 2023
Ecuador (USD mn) 3,647.3 Oct 2023 monthly Dec 1956 - Oct 2023
Egypt (USD mn) 24,267.6 Oct 2023 monthly Dec 2004 - Oct 2023
Estonia (USD mn) 2,205.1 Oct 2023 monthly Jan 2001 - Oct 2023
European Union (USD mn) 290,838.5 Aug 2023 monthly Dec 1999 - Aug 2023
Finland (USD mn) 7,906.2 Sep 2023 monthly Jan 2000 - Sep 2023
France (USD mn) 27,860.9 Oct 2023 monthly Feb 2004 - Oct 2023
Georgia (USD mn) 4,665.8 Oct 2023 monthly Oct 1995 - Oct 2023
Germany (USD mn) 35,794.9 Oct 2023 monthly Jan 1957 - Oct 2023
Ghana (USD mn) 5,867.6 Jun 2022 monthly Jan 1965 - Jun 2022
Greece (USD mn) 3,743.6 Sep 2023 monthly Jan 2004 - Sep 2023
Hong Kong SAR, China (USD mn) 418,232.0 Aug 2023 monthly Apr 2000 - Aug 2023
Hungary (USD mn) 33,574.2 Sep 2023 monthly Jan 1998 - Sep 2023
Iceland (USD mn) 4,781.9 Oct 2023 monthly Oct 2000 - Oct 2023
India (USD mn) 521,366.0 Sep 2023 monthly Apr 1989 - Sep 2023
Indonesia (USD mn) 119,758.1 Oct 2023 monthly Apr 2000 - Oct 2023
Ireland (USD mn) 5,052.7 Oct 2023 monthly Jan 1999 - Oct 2023
Israel (USD mn) 193,966.7 Sep 2023 monthly Dec 2001 - Sep 2023
Italy (USD mn) 47,507.8 Oct 2023 monthly Dec 1999 - Oct 2023
Ivory Coast (USD mn) 5.4 Sep 2023 monthly Jul 1962 - Sep 2023
Japan (USD mn) 1,117,193.0 Oct 2023 monthly Apr 2000 - Oct 2023
Jordan (USD mn) 13,386.5 Sep 2023 monthly Jan 1958 - Sep 2023
Kazakhstan (USD mn) 11,079.2 Sep 2023 monthly Dec 2002 - Sep 2023
Kenya (USD mn) 7,919.2 Jul 2023 monthly Dec 2000 - Jul 2023
South Korea (USD mn) 388,859.5 Oct 2023 monthly Dec 1956 - Oct 2023
Kosovo (USD mn) 1,262.6 Sep 2023 monthly Dec 2000 - Sep 2023
Kuwait (USD mn) 42,022.1 Sep 2023 monthly Jan 1964 - Sep 2023
Kyrgyzstan (USD mn) 1,087.3 Sep 2023 monthly Jul 1995 - Sep 2023
Laos (USD mn) 1,529.1 Jun 2023 monthly Dec 1988 - Jun 2023
Latvia (USD mn) 3,625.0 Sep 2023 monthly Jan 1997 - Sep 2023
Lebanon (USD mn) 15,430.8 Jan 2023 monthly Jun 1990 - Jan 2023
Lithuania (USD mn) 4,546.1 Oct 2023 monthly Jun 1993 - Oct 2023
Luxembourg (USD mn) 226.3 Oct 2023 monthly Jan 1999 - Oct 2023
Macau SAR, China (USD mn) 27,448.0 Oct 2023 monthly Jun 1984 - Oct 2023
North Macedonia (USD mn) 3,694.9 Oct 2023 monthly Dec 1993 - Oct 2023
Malawi (USD mn) 413.8 Oct 2021 monthly Jun 1965 - Oct 2021
Malaysia (USD mn) 99,200.0 Oct 2023 monthly Apr 2000 - Oct 2023
Malta (USD mn) 767.2 Oct 2023 monthly Jan 1960 - Oct 2023
Mauritius (USD mn) 5,678.7 Aug 2023 monthly Mar 1960 - Aug 2023
Mexico (USD mn) 183,004.7 Sep 2023 monthly Jan 2000 - Sep 2023
Moldova (USD mn) 5,041.3 Oct 2023 monthly Jan 2000 - Oct 2023
Mongolia (USD mn) 3,611.8 Sep 2023 monthly Dec 1992 - Sep 2023
Montenegro (USD mn) 1,720.0 Aug 2023 monthly Dec 2002 - Aug 2023
Morocco (USD mn) 31,013.3 Sep 2023 monthly Dec 2001 - Sep 2023
Mozambique (USD mn) 3,080.9 Aug 2023 monthly Mar 1984 - Aug 2023
Myanmar (USD mn) 7,704.9 Mar 2021 quarterly Dec 1950 - Mar 2021
Nepal (USD mn) 10,757.0 Oct 2023 monthly Jan 2002 - Oct 2023
Netherlands (USD mn) 7,124.1 Sep 2023 monthly Sep 1999 - Sep 2023
New Zealand (USD mn) 13,816.1 Sep 2023 monthly Sep 2005 - Sep 2023
Nigeria (USD mn) 34,390.0 May 2023 monthly Jan 1960 - May 2023
Norway (USD mn) 69,196.1 Oct 2023 monthly Jan 1999 - Oct 2023
Oman (USD mn) 14,819.5 Sep 2023 monthly Apr 1970 - Sep 2023
Pakistan (USD mn) 12,469.7 Sep 2023 monthly Jan 1959 - Sep 2023
Palestinian Territory (USD mn) 201.8 Oct 2023 monthly Jan 2006 - Oct 2023
Panama (USD mn) 4,118.4 Sep 2023 monthly Oct 1969 - Sep 2023
Paraguay (USD mn) 9,170.0 Oct 2023 monthly Dec 1956 - Oct 2023
Peru (USD mn) 65,494.0 Oct 2023 monthly Dec 1956 - Oct 2023
Philippines (USD mn) 85,964.8 Oct 2023 monthly Jan 1960 - Oct 2023
Poland (USD mn) 155,439.9 Aug 2023 monthly Jan 1998 - Aug 2023
Portugal (USD mn) 5,371.0 Sep 2023 monthly Dec 1999 - Sep 2023
Qatar (USD mn) 43,276.0 Sep 2023 monthly Dec 1966 - Sep 2023
Romania (USD mn) 57,923.3 Oct 2023 monthly Apr 2005 - Oct 2023
Russia (USD mn) 399,420.0 Oct 2023 monthly Dec 1996 - Oct 2023
Saudi Arabia (USD mn) 414,806.9 Sep 2023 monthly Jan 2001 - Sep 2023
Serbia (USD mn) 23,227.5 Sep 2023 monthly Jan 2004 - Sep 2023
Singapore (USD mn) 324,194.0 Oct 2023 monthly Apr 2000 - Oct 2023
Slovakia (USD mn) 5,797.4 Oct 2023 monthly Dec 1999 - Oct 2023
Slovenia (USD mn) 875.3 Sep 2023 monthly Jan 1994 - Sep 2023
South Africa (USD mn) 46,905.0 Sep 2023 monthly Jan 2001 - Sep 2023
Spain (USD mn) 59,933.0 Oct 2023 monthly Jan 1987 - Oct 2023
Sri Lanka (USD mn) 3,492.7 Sep 2023 monthly Dec 1956 - Sep 2023
Sudan (USD mn) 0.0 Dec 2017 monthly Jul 1960 - Dec 2017
Sweden (USD mn) 41,042.0 Aug 2023 monthly Mar 2000 - Aug 2023
Switzerland (USD mn) 741,365.6 Sep 2023 monthly Jun 1999 - Sep 2023
Syria (USD mn) 16,221.1 Jun 2011 monthly Dec 1950 - Jun 2011

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Panama Key Series

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Includes 162 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.9 2022 yearly 2003 - 2022
Consolidated Fiscal Balance (USD mn) -3,005.500 2022 yearly 2003 - 2022
Tax Revenue (USD mn) 518.547 Aug 2023 monthly Jan 1995 - Aug 2023
Tax Revenue: % of GDP (%) 6.9 Sep 2022 quarterly Mar 2007 - Sep 2022
National Government Debt (USD mn) 47,406.2 Oct 2023 monthly Jul 2004 - Oct 2023
Government Debt: % of GDP (%) 62.3 Sep 2022 quarterly Dec 2007 - Sep 2022
Forecast: Government Expenditure (PAB bn) 22.880 2028 yearly 1994 - 2028
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 21.239 2028 yearly 1994 - 2028
Central Government Revenue: Current Revenue: Tax (PAB th) 518,546.926 Aug 2023 monthly Jan 1995 - Aug 2023
Central Government Revenue: Current Revenue (PAB th) 630,946.588 Aug 2023 monthly Jan 1995 - Aug 2023
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 296,000.396 Aug 2023 monthly Jan 1995 - Aug 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,047.8 Aug 2023 monthly Jan 1964 - Aug 2023
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) 1.5 Aug 2023 monthly Jan 2001 - Aug 2023
Aluminum: Exports (USD th) 5,167.980 2022 yearly 1995 - 2022
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) 1,399.0 Aug 2023 monthly Jan 2000 - Aug 2023
Total Imports Growth (%) -5.6 Aug 2023 monthly Jan 2001 - Aug 2023
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) 16.323 Jul 2023 monthly Jan 1970 - Jul 2023
Total Imports from USA (USD mn) 183.828 Jul 2023 monthly Jan 1967 - Jul 2023
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 122.307 Jul 2023 monthly Mar 1989 - Jul 2023
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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -78.4 Mar 2023 quarterly Mar 2013 - Mar 2023
Current Account Balance (USD mn) 1,101.8 Mar 2023 quarterly Mar 1998 - Mar 2023
Current Account Balance: % of GDP (%) -16.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Foreign Direct Investment (USD mn) 828.1 Mar 2023 quarterly Mar 1998 - Mar 2023
Foreign Direct Investment: % of GDP (%) 3.9 Sep 2022 quarterly Mar 2007 - Sep 2022
Foreign Portfolio Investment (USD mn) 1,626.219 Mar 2023 quarterly Mar 2013 - Mar 2023
Foreign Portfolio Investment: % of GDP (%) -0.0 Sep 2022 quarterly Mar 2007 - Sep 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2023 quarterly Mar 2013 - Mar 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 1,626.219 Mar 2023 quarterly Mar 2013 - Mar 2023
External Debt (USD mn) 40,008.0 Oct 2023 monthly Jul 2004 - Oct 2023
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) -2.743 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -70,928.394 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: Net Errors and Omissions (PAB mn) -873.539 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Goods (PAB mn) -1,303.278 Mar 2023 quarterly Mar 2013 - Mar 2023
Balance of Payment (BoP): Current Account (CA) (PAB mn) 1,101.789 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Goods: Credit (PAB mn) 5,115.466 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Services (PAB mn) 3,447.793 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Services: Debit (PAB mn) -1,310.072 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Income (PAB mn) -1,043.127 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Goods: Debit (PAB mn) -6,418.744 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Income: Debit (PAB mn) -1,996.892 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Services: Credit (PAB mn) 4,757.866 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Income: Credit (PAB mn) 953.765 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: Financing: Reserve Assets (PAB mn) 1.632 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: Capital Account (PAB mn) 2.216 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: Capital Account: Credit (PAB mn) 2.216 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: Financial Account (FA) (PAB mn) -436.615 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: FA: Direct Investment (PAB mn) 906.491 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: Capital Account: Debit (PAB mn) 0.000 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 1,626.219 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,885.224 Mar 2023 quarterly Mar 2013 - Mar 2023
International Investment Position (IIP) (USD mn) -70,928.394 Mar 2023 quarterly Mar 2015 - Mar 2023
IIP: Assets (USD mn) 99,523.854 Mar 2023 quarterly Mar 2015 - Mar 2023
IIP: Liabilities (USD mn) 170,452.248 Mar 2023 quarterly Mar 2015 - Mar 2023
Foreign Direct Investment (FDI) (PAB mn) 828.124 Mar 2023 quarterly Mar 2013 - Mar 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Aug 2023 monthly Dec 2008 - Aug 2023
Household Debt: % of GDP (%) 42.6 Sep 2022 quarterly Dec 2007 - Sep 2022
Non-Performing Loans (USD mn) 1,359.501 Aug 2023 monthly Dec 2008 - Aug 2023
Money Supply M1 (USD mn) 8,815.110 Aug 2023 monthly Dec 2002 - Aug 2023
Money Supply M2 (USD mn) 38,175.510 Aug 2023 monthly Dec 2002 - Aug 2023
M2 Growth (%) 0.0 Aug 2023 monthly Dec 2003 - Aug 2023
Foreign Exchange Reserves (USD mn) 4,118.4 Sep 2023 monthly Oct 1969 - Sep 2023
Foreign Exchange Reserves: % of GDP (%) 8.199 Sep 2022 quarterly Dec 2007 - Sep 2022
Foreign Exchange Reserves: Months of Import (NA) 3.4 Aug 2023 monthly Jan 2000 - Aug 2023
Gold Reserves (USD mn) 0.000 Sep 2023 monthly Sep 1969 - Sep 2023
Total Deposits (USD mn) 100,516.919 Sep 2023 monthly Dec 1998 - Sep 2023
Total Deposits Growth (%) 3.8 Sep 2023 monthly Dec 1999 - Sep 2023
Domestic Credit (USD mn) 60,572.6 Sep 2023 monthly Dec 2001 - Sep 2023
Domestic Credit Growth (%) 4.2 Sep 2023 monthly Dec 2002 - Sep 2023
Household Debt (USD mn) 31,050.8 Jul 2023 monthly Oct 2005 - Jul 2023
Total Loans (USD mn) 88,632.773 Sep 2023 monthly Dec 1998 - Sep 2023
Total Loans Growth (%) 3.72 Sep 2023 monthly Dec 1999 - Sep 2023
Private Debt: % of Nominal GDP (%) 78.23 Sep 2022 quarterly Dec 2007 - Sep 2022
Money Supply: M3 (PAB mn) 38,175.510 Aug 2023 monthly Dec 2002 - Aug 2023

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