Panama Household Debt: % of GDP

Key information about Panama Household Debt: % of GDP

• Panama household debt accounted for 37.7 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 37.7 % in the previous quarter.
• Panama household debt to GDP ratio is updated quarterly, available from Dec 2007 to Sep 2025.
• 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 33.8 USD bn in Oct 2025.
• Money Supply M2 in Panama increased 9.7 % YoY in Sep 2025.
• Panama Foreign Exchange Reserves was measured at 5.4 USD bn in Nov 2025.
• The Foreign Exchange Reserves equaled 3.5 Months of Import in Oct 2025.
• Panama Domestic Credit reached 65.1 USD bn in Oct 2025, representing an increased of 1.6 % YoY.
• The country's Non Performing Loans Ratio stood at 1.5 % in Oct 2025, compared with the ratio of 1.5 % in the previous month.

View Panama's Household Debt: % of GDP from Dec 2007 to Sep 2025 in the chart:

What was Panama's Household Debt: % of GDP in Sep 2025?

Panama household debt accounted for 37.7 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 37.7 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
37.7 Sep 2025	37.7 Jun 2025	33.1 Mar 2013	50.8 Mar 2021	%	quarterly	Dec 2007 - Sep 2025

Household Debt: % of GDP by Country Comparison

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