Panama Household Debt

2005 - 2022 | Monthly | USD mn | CEIC Data

Key information about Panama Household Debt

  • Panama Household Debt reached 30.2 USD bn in Dec 2022, compared with the reported number of 30.1 USD bn in the previous month
  • Panama Household Debt: USD mn data is updated monthly, available from Oct 2005 to Dec 2022
  • The data reached an all-time high of 30.2 USD bn in Dec 2022 and a record low of 6.4 USD bn in Oct 2005

CEIC converts monthly Household Debt into USD. The Superintendency of Banks of Panama provides Household Debt in local currency. The International Monetary Fund period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Mortgages and Consumer Loans.


Further information about Panama Household Debt

  • In the latest reports, Panama Household Debt accounted for 42.6 % of the country's Nominal GDP in Sep 2022
  • Money Supply M2 in Panama increased 38.0 USD bn YoY in Dec 2022
  • Panama Foreign Exchange Reserves was measured at 7.7 USD bn in Sep 2021
  • The Foreign Exchange Reserves equaled 7.5 Months of Import in Sep 2021
  • Panama Domestic Credit reached 58.6 USD bn in Dec 2022, representing an increased of 6.3 % YoY

View Panama's Household Debt from Oct 2005 to Dec 2022 in the chart:

Panama Household Debt

What was Panama's Household Debt in Dec 2022?

Panama Household Debt reached 30.2 USD bn in Dec 2022, compared with the reported number of 30.1 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
30,154.0 Dec 2022 30,054.5 Nov 2022 6,420.5 Oct 2005 30,154.0 Dec 2022 USD mn monthly Oct 2005 - Dec 2022

Household Debt by Country Comparison

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Includes Household Debt on 89 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 2,349.0 Dec 2022 monthly Jul 2007 - Dec 2022
Argentina (USD mn) 18,580.5 Feb 2023 monthly Jul 2002 - Feb 2023
Armenia (USD mn) 5,135.3 Jan 2023 monthly Jan 2000 - Jan 2023
Australia (USD mn) 1,835,502.8 Sep 2022 quarterly Jun 1988 - Sep 2022
Austria (USD mn) 215,047.0 Sep 2022 quarterly Mar 1999 - Sep 2022
Azerbaijan (USD mn) 6,710.0 Jan 2023 monthly Jan 2005 - Jan 2023
Belarus (USD mn) 6,563.0 Jan 2023 monthly Dec 2006 - Jan 2023
Belgium (USD mn) 329,354.5 Sep 2022 quarterly Dec 1992 - Sep 2022
Bolivia (USD mn) 4,951.5 Dec 2022 quarterly Jun 1999 - Dec 2022
Bosnia and Herzegovina (USD mn) 6,115.8 Jan 2023 monthly Aug 1997 - Jan 2023
Botswana (USD mn) 3,743.8 Dec 2022 monthly Dec 2002 - Dec 2022
Brunei (USD mn) 2,079.2 Dec 2022 quarterly Mar 2011 - Dec 2022
Bulgaria (USD mn) 23,680.7 2021 yearly 1995 - 2021
Cambodia (USD mn) 10,580.1 Dec 2022 monthly Jul 2008 - Dec 2022
Canada (USD mn) 2,082,980.5 Nov 2022 monthly Jan 1969 - Nov 2022
Chile (USD mn) 132,483.2 Jan 2023 monthly Jan 2009 - Jan 2023
China (USD mn) 11,256,024.0 Jan 2023 monthly Jan 2007 - Jan 2023
Colombia (USD mn) 64,298.7 Nov 2022 monthly Apr 1995 - Nov 2022
Croatia (USD mn) 21,372.4 Sep 2022 quarterly Mar 2012 - Sep 2022
Cyprus (USD mn) 27,517.3 2021 yearly 1995 - 2021
Czech Republic (USD mn) 101,166.0 Sep 2022 quarterly Mar 2004 - Sep 2022
Denmark (USD mn) 446,738.4 2020 yearly 1994 - 2020
Ecuador (USD mn) 17,904.3 Feb 2023 monthly Oct 2006 - Feb 2023
Egypt (USD mn) 25,974.4 Jan 2023 monthly Dec 2002 - Jan 2023
Estonia (USD mn) 13,050.5 Sep 2022 quarterly Dec 2003 - Sep 2022
European Union (USD mn) 7,218,243.0 Jan 2023 monthly Jan 1999 - Jan 2023
Finland (USD mn) 227,646.9 2021 yearly 1995 - 2021
France (USD mn) 1,910,161.2 Sep 2022 quarterly Dec 1995 - Sep 2022
Georgia (USD mn) 9,009.7 Jan 2023 monthly Oct 2003 - Jan 2023
Germany (USD mn) 2,072,235.1 Sep 2022 quarterly Mar 1991 - Sep 2022
Greece (USD mn) 118,906.6 Jun 2022 quarterly Dec 1997 - Jun 2022
Hong Kong SAR, China (USD mn) 346,191.9 Dec 2022 quarterly Mar 1982 - Dec 2022
Hungary (USD mn) 38,398.7 Dec 2022 quarterly Dec 1989 - Dec 2022
Iceland (USD mn) 20,903.2 Dec 2022 quarterly Dec 1991 - Dec 2022
India (USD mn) 440,993.6 2022 yearly 1998 - 2022
Indonesia (USD mn) 116,629.4 Dec 2022 monthly Jan 2002 - Dec 2022
Ireland (USD mn) 157,995.7 Dec 2021 quarterly Mar 2002 - Dec 2021
Israel (USD mn) 223,730.6 Nov 2022 monthly Sep 1992 - Nov 2022
Italy (USD mn) 990,270.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Japan (USD mn) 2,872,581.7 Dec 2022 quarterly Dec 1997 - Dec 2022
Jordan (USD mn) 41,114.5 Jan 2023 monthly Jan 2002 - Jan 2023
Kazakhstan (USD mn) 32,337.6 Feb 2023 monthly Dec 1997 - Feb 2023
South Korea (USD mn) 1,622,355.0 Sep 2022 quarterly Dec 2002 - Sep 2022
Kosovo (USD mn) 1,782.8 Jan 2023 monthly Sep 2002 - Jan 2023
Kuwait (USD mn) 990.0 Jan 2023 monthly Jan 2002 - Jan 2023
Kyrgyzstan (USD mn) 666.4 Jan 2023 monthly Jan 1996 - Jan 2023
Latvia (USD mn) 7,552.5 Sep 2022 quarterly Mar 2004 - Sep 2022
Lithuania (USD mn) 17,729.0 Sep 2022 quarterly Mar 1995 - Sep 2022
Luxembourg (USD mn) 49,844.4 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (USD mn) 41,763.3 Dec 2022 quarterly Dec 1998 - Dec 2022
North Macedonia (USD mn) 3,801.6 Jan 2023 monthly Jan 2003 - Jan 2023
Malawi (USD mn) 17.7 Dec 2011 monthly Jan 2006 - Dec 2011
Malaysia (USD mn) 329,628.7 2021 yearly 2002 - 2021
Malta (USD mn) 8,349.0 Jan 2023 monthly Oct 2003 - Jan 2023
Mexico (USD mn) 241,975.9 Dec 2022 quarterly Dec 2000 - Dec 2022
Mongolia (USD mn) 3,478.8 Jan 2023 monthly Jan 2004 - Jan 2023
Montenegro (USD mn) 1,692.4 Jan 2023 monthly Dec 2004 - Jan 2023
Morocco (USD mn) 33,011.3 Jan 2023 monthly Dec 2001 - Jan 2023
Netherlands (USD mn) 914,339.7 Sep 2022 quarterly Mar 1999 - Sep 2022
New Zealand (USD mn) 232,712.6 Jan 2023 monthly Dec 1990 - Jan 2023
Norway (USD mn) 459,547.2 Dec 2022 quarterly Dec 1995 - Dec 2022
Panama (USD mn) 30,154.0 Dec 2022 monthly Oct 2005 - Dec 2022
Peru (USD mn) 41,644.3 Jan 2023 monthly Jan 2001 - Jan 2023
Philippines (USD mn) 39,805.4 Dec 2022 quarterly Mar 2009 - Dec 2022
Poland (USD mn) 171,878.7 Sep 2022 quarterly Dec 2003 - Sep 2022
Portugal (USD mn) 173,059.7 Sep 2022 quarterly Dec 1994 - Sep 2022
Romania (USD mn) 45,409.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Russia (USD mn) 415,890.0 Jan 2023 monthly Dec 2000 - Jan 2023
Saudi Arabia (USD mn) 126,565.6 Dec 2022 quarterly Mar 1998 - Dec 2022
Serbia (USD mn) 13,449.7 Jan 2023 monthly Dec 2003 - Jan 2023
Singapore (USD mn) 281,135.5 Jan 2023 monthly Mar 2004 - Jan 2023
Slovakia (USD mn) 55,665.1 Mar 2022 quarterly Mar 2004 - Mar 2022
Slovenia (USD mn) 16,367.9 Sep 2022 quarterly Mar 2004 - Sep 2022
South Africa (USD mn) 146,654.8 Sep 2022 quarterly Mar 1969 - Sep 2022
Spain (USD mn) 738,235.8 Sep 2022 quarterly Dec 1989 - Sep 2022
Sri Lanka (USD mn) 5,478.6 Sep 2022 quarterly Jun 2010 - Sep 2022
Sweden (USD mn) 483,990.5 Sep 2022 quarterly Mar 1996 - Sep 2022
Switzerland (USD mn) 1,056,850.0 2021 yearly 1999 - 2021
Syria (USD mn) 8,543.6 Dec 2011 monthly Dec 2006 - Dec 2011
Taiwan (USD mn) 710,001.8 2021 yearly 2000 - 2021
Thailand (USD mn) 394,996.4 Sep 2022 quarterly Mar 2003 - Sep 2022
Tunisia (USD mn) 14.4 Mar 2021 monthly Jan 2007 - Mar 2021
Turkey (USD mn) 78,622.6 Dec 2022 monthly Jan 1986 - Dec 2022
Ukraine (USD mn) 6,060.0 Jan 2023 monthly Dec 2002 - Jan 2023
United Arab Emirates (USD mn) 449,676.5 Dec 2022 monthly Dec 2013 - Dec 2022
United Kingdom (USD mn) 2,440,115.2 Sep 2022 quarterly Mar 1987 - Sep 2022
United States (USD mn) 16,899,000.0 Dec 2022 quarterly Mar 1999 - Dec 2022
Uruguay (USD mn) 6,856.5 May 2022 monthly Jun 2005 - May 2022
Venezuela (USD mn) 28.1 Dec 2022 monthly Jan 2004 - Dec 2022

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Panama Key Series

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Includes 176 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 (%) -6.4 2021 yearly 2003 - 2021
Consolidated Fiscal Balance (USD mn) -3,005.500 2022 yearly 2003 - 2022
Tax Revenue (USD mn) 566.943 Sep 2022 monthly Jan 1995 - Sep 2022
Tax Revenue: % of GDP (%) 6.9 Sep 2022 quarterly Mar 2007 - Sep 2022
National Government Debt (USD mn) 44,218.6 Jan 2023 monthly Jul 2004 - Jan 2023
Government Debt: % of GDP (%) 62.3 Sep 2022 quarterly Dec 2007 - Sep 2022
Forecast: Government Expenditure (PAB bn) 22.307 2027 yearly 1994 - 2027
Forecast: Government Net Debt (PAB bn) 50.254 2027 yearly 1994 - 2027
Forecast: Government Revenue (PAB bn) 20.797 2027 yearly 1994 - 2027
Central Government Revenue: Current Revenue: Tax (PAB th) 566,943.148 Sep 2022 monthly Jan 1995 - Sep 2022
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 364,031.226 Sep 2022 monthly Jan 1995 - Sep 2022
Central Government Revenue: Current Revenue (PAB th) 697,331.162 Sep 2022 monthly Jan 1995 - Sep 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.974 2027 yearly 1980 - 2027
Trade Balance (USD mn) -941.5 Sep 2022 monthly Jan 1964 - Sep 2022
Total Exports (USD mn) 346.3 Sep 2022 monthly Jan 2000 - Sep 2022
Total Exports Growth (%) 8.8 Sep 2022 monthly Jan 2001 - Sep 2022
Aluminum: Exports (USD th) 1,874.582 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 320,569.927 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 145,066.287 2021 yearly 1995 - 2021
Total Imports (USD mn) 1,287.8 Sep 2022 monthly Jan 2000 - Sep 2022
Total Imports Growth (%) 25.5 Sep 2022 monthly Jan 2001 - Sep 2022
Imports: Medicament (USD th) 1,131,885.680 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 157,218.886 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 17.333 Nov 2022 monthly Jan 1970 - Nov 2022
Total Imports from USA (USD mn) 390.694 Nov 2022 monthly Jan 1967 - Nov 2022
Total Exports to China (USD mn) 370.063 2020 yearly 1999 - 2020
Total Imports from China (USD mn) 182.863 Nov 2022 monthly Mar 1989 - Nov 2022
Exports: FOB: Prawn (PAB th) 4,767.414 Jul 2022 monthly Jan 2000 - Jul 2022
Exports: FOB: Asia: Rest of Asia: South Korea (PAB th) 136,247.000 2020 yearly 1999 - 2020
Exports: FOB: Asia: Rest of Asia: China (PAB th) 370,063.000 2020 yearly 1999 - 2020
Exports: FOB: Asia: Rest of Asia: Taiwan (PAB th) 19,716.000 2020 yearly 1999 - 2020
Exports: FOB: America: NAFTA: Mexico (PAB th) 20,957.000 2020 yearly 1999 - 2020
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: ASEAN: Thailand (PAB th) 68,032.000 2020 yearly 1999 - 2020
Imports: CIF: Asia: Rest of Asia: China (PAB th) 851,030.000 2020 yearly 1999 - 2020
Imports: CIF: America: LAIA: MERCOSUR: Brazil (PAB th) 123,450.000 2020 yearly 1999 - 2020
Imports: CIF: America: NAFTA: USA (PAB th) 2,070,087.000 2020 yearly 1999 - 2020
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 35,242.000 2020 yearly 1999 - 2020
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -263.8 Jun 2022 quarterly Mar 2013 - Jun 2022
Current Account Balance (USD mn) 116.8 Jun 2022 quarterly Mar 1998 - Jun 2022
Current Account Balance: % of GDP (%) 0.7 Jun 2022 quarterly Mar 2007 - Jun 2022
Foreign Direct Investment (USD mn) 536.1 Jun 2022 quarterly Mar 1998 - Jun 2022
Foreign Direct Investment: % of GDP (%) 3.4 Jun 2022 quarterly Mar 2007 - Jun 2022
Foreign Portfolio Investment (USD mn) 19.047 Jun 2022 quarterly Mar 2013 - Jun 2022
Foreign Portfolio Investment: % of GDP (%) 0.1 Jun 2022 quarterly Mar 2007 - Jun 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2022 quarterly Mar 2013 - Jun 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 19.047 Jun 2022 quarterly Mar 2013 - Jun 2022
External Debt (USD mn) 36,797.2 Jan 2023 monthly Jul 2004 - Jan 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) -2.462 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -69,708.276 Jun 2022 quarterly Mar 2002 - Jun 2022
BoP: Net Errors and Omissions (PAB mn) -1,758.203 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Goods (PAB mn) -2,213.762 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Goods: Debit (PAB mn) -6,823.835 Jun 2022 quarterly Mar 2013 - Jun 2022
Balance of Payment (BoP): Current Account (CA) (PAB mn) 116.770 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Services (PAB mn) 3,136.073 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Services: Credit (PAB mn) 4,438.933 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Income: Credit (PAB mn) 385.282 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Income (PAB mn) -808.811 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Goods: Credit (PAB mn) 4,610.073 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Services: Debit (PAB mn) -1,302.859 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: CA: Income: Debit (PAB mn) -1,194.093 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Capital Account (PAB mn) 2.466 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Financing: Reserve Assets (PAB mn) 780.969 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Capital Account: Credit (PAB mn) 2.466 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: Financial Account (FA) (PAB mn) 576.640 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: FA: Direct Investment (PAB mn) 799.860 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: FA: Portfolio Investment: Assets (PAB mn) -503.955 Jun 2022 quarterly Mar 2013 - Jun 2022
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 19.047 Jun 2022 quarterly Mar 2013 - Jun 2022
International Investment Position (IIP) (USD mn) -69,708.276 Jun 2022 quarterly Mar 2015 - Jun 2022
IIP: Assets (USD mn) 93,419.953 Jun 2022 quarterly Mar 2015 - Jun 2022
IIP: Liabilities (USD mn) 163,128.229 Jun 2022 quarterly Mar 2015 - Jun 2022
Foreign Direct Investment (FDI) (PAB mn) 536.072 Jun 2022 quarterly Mar 2013 - Jun 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Dec 2022 monthly Dec 2008 - Dec 2022
Household Debt: % of GDP (%) 42.6 Sep 2022 quarterly Dec 2007 - Sep 2022
Non-Performing Loans (USD mn) 1,317.974 Dec 2022 monthly Dec 2008 - Dec 2022
Money Supply M1 (USD mn) 9,213.710 Dec 2022 monthly Dec 2002 - Dec 2022
Money Supply M2 (USD mn) 38,027.920 Dec 2022 monthly Dec 2002 - Dec 2022
M2 Growth (%) 0.2 Dec 2022 monthly Dec 2003 - Dec 2022
Foreign Exchange Reserves (USD mn) 7,651.6 Sep 2021 monthly Oct 1969 - Sep 2021
Foreign Exchange Reserves: % of GDP (%) 12.674 Sep 2021 quarterly Dec 2007 - Sep 2021
Foreign Exchange Reserves: Months of Import (NA) 7.5 Sep 2021 monthly Jan 2000 - Sep 2021
Gold Reserves (USD mn) 0.000 Sep 2021 monthly Sep 1969 - Sep 2021
Total Deposits (USD mn) 98,379.614 Dec 2022 monthly Dec 1998 - Dec 2022
Total Deposits Growth (%) 1.4 Dec 2022 monthly Dec 1999 - Dec 2022
Domestic Credit (USD mn) 58,586.1 Dec 2022 monthly Dec 2001 - Dec 2022
Domestic Credit Growth (%) 6.3 Dec 2022 monthly Dec 2002 - Dec 2022
Household Debt (USD mn) 30,154.0 Dec 2022 monthly Oct 2005 - Dec 2022
Total Loans (USD mn) 85,802.443 Dec 2022 monthly Dec 1998 - Dec 2022
Total Loans Growth (%) 11.49 Dec 2022 monthly Dec 1999 - Dec 2022
Private Debt: % of Nominal GDP (%) 78.23 Sep 2022 quarterly Dec 2007 - Sep 2022
Money Supply: M3 (PAB mn) 38,027.920 Dec 2022 monthly Dec 2002 - Dec 2022
LC: National Banking System: Private Sector: Mortgage (PAB mn) 19,797.243 Dec 2022 monthly Dec 2002 - Dec 2022

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