Panama Household Debt: % of GDP

Key information about Panama Household Debt: % of GDP

• Panama household debt accounted for 38.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 38.2 % in the previous quarter.
• Panama household debt to GDP ratio is updated quarterly, available from Dec 2007 to Sep 2024.
• The data reached an all-time high of 50.8 % in Mar 2021 and a record low of 33.1 % in Mar 2013.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The Superintendency of Banks of Panama provides Household Debt in local currency. The National Institute of Statistics and Census provides Nominal GDP in local currency based on SNA 2008. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Mortgages and Consumer Loans. Nominal GDP prior to Q4 2018 is based on SNA 1993.


Related information about Panama Household Debt: % of GDP

• In the latest reports, Panama Household Debt reached 32.7 USD bn in Oct 2024.
• Money Supply M2 in Panama increased 8.7 % YoY in Jul 2024.
• Panama Foreign Exchange Reserves was measured at 5.7 USD bn in Oct 2024.
• The Foreign Exchange Reserves equaled 4.2 Months of Import in Oct 2024.
• Panama Domestic Credit reached 64.1 USD bn in Oct 2024, representing an increased of 5.8 % YoY.
• The country's Non Performing Loans Ratio stood at 1.6 % in Oct 2024, compared with the ratio of 1.6 % in the previous month.

View Panama's Household Debt: % of GDP from Dec 2007 to Sep 2024 in the chart:

What was Panama's Household Debt: % of GDP in Sep 2024?

Panama household debt accounted for 38.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 38.2 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
38.3 Sep 2024	38.2 Jun 2024	33.1 Mar 2013	50.8 Mar 2021	%	quarterly	Dec 2007 - Sep 2024

Household Debt: % of GDP by Country Comparison

Load more

Panama Key Series

Load more

More Indicators for Panama