Panama Non Performing Loans Ratio

2008 - 2023 | Monthly | % | CEIC Data

Key information about Panama Non Performing Loans Ratio

  • Panama Non Performing Loans Ratio stood at 1.5 % in Aug 2023, compared with the ratio of 1.6 % in the previous month
  • Panama Non Performing Loans Ratio data is updated monthly, available from Dec 2008 to Aug 2023
  • The data reached an all-time high of 2.7 % in Aug 2021 and a record low of 0.9 % in Mar 2013

The Superintendency of Banks of Panama provides Non Performing Loans Ratio. Non Performing Loans are defined as loans overdue for more than 90 days or it haven't received any payment of debt services and/or interest within 30 days after the expiration of such payments.


Further information about Panama Non Performing Loans Ratio

  • In the latest reports, Money Supply M2 in Panama dropped 1.8 % YoY in Jun 2023
  • Panama Foreign Exchange Reserves was measured at 4.7 USD bn in Aug 2023
  • The Foreign Exchange Reserves equaled 4.3 Months of Import in Jun 2023
  • The country's Domestic Credit reached 60.0 USD bn in Aug 2023, representing an increased of 5.0 % YoY
  • Household Debt of Panama reached 31.1 USD bn in Jul 2023, accounting for 42.6 % of the country's Nominal GDP

View Panama's Non Performing Loans Ratio from Dec 2008 to Aug 2023 in the chart:

Panama Non Performing Loans Ratio

What was Panama's Non Performing Loans Ratio in Aug 2023?

Panama Non Performing Loans Ratio stood at 1.5 % in Aug 2023, compared with the ratio of 1.6 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.5 Aug 2023 1.6 Jul 2023 0.9 Mar 2013 2.7 Aug 2021 % monthly Dec 2008 - Aug 2023

Non Performing Loans Ratio by Country Comparison

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country/region Last Frequency Range
Albania (%) 5.3 Jul 2023 monthly Jul 2007 - Jul 2023
Algeria (%) 20.3 2022 yearly 2009 - 2022
Argentina (%) 2.9 Sep 2023 monthly Dec 2002 - Sep 2023
Armenia (%) 2.6 Oct 2023 monthly Jan 2005 - Oct 2023
Australia (%) 0.9 Jun 2023 quarterly Jun 2004 - Jun 2023
Austria (%) 1.8 Jun 2022 semiannually Dec 2009 - Jun 2022
Azerbaijan (%) 5.9 Mar 2015 quarterly Dec 2009 - Mar 2015
Bahrain (%) 3.0 Mar 2023 semiannually Mar 2013 - Mar 2023
Bangladesh (%) 10.1 Jun 2023 quarterly Mar 2003 - Jun 2023
Belarus (%) 1.0 Dec 2018 monthly Dec 2003 - Dec 2018
Belgium (%) 0.6 Jun 2023 quarterly Mar 2007 - Jun 2023
Bolivia (%) 2.9 Sep 2023 monthly Aug 2014 - Sep 2023
Bosnia and Herzegovina (%) 4.1 Jun 2023 quarterly Dec 2000 - Jun 2023
Botswana (%) 3.4 Jun 2023 quarterly Dec 2002 - Jun 2023
Brazil (%) 3.5 Sep 2023 monthly Mar 2011 - Sep 2023
Brunei (%) 2.9 Jun 2023 quarterly Mar 2011 - Jun 2023
Bulgaria (%) 2.9 Mar 2023 quarterly Mar 2015 - Mar 2023
Cambodia (%) 2.1 2020 yearly 2009 - 2020
Canada (%) 0.4 Jun 2023 quarterly Mar 2005 - Jun 2023
Chile (%) 2.0 Aug 2023 monthly Jan 2009 - Aug 2023
China (%) 1.6 Sep 2023 quarterly Mar 2005 - Sep 2023
Colombia (%) 4.9 Aug 2023 monthly Apr 1995 - Aug 2023
Croatia (%) 3.0 Jun 2023 quarterly Dec 2001 - Jun 2023
Cyprus (%) 8.6 Aug 2023 monthly Dec 2014 - Aug 2023
Czech Republic (%) 1.8 Jun 2023 monthly Jan 2002 - Jun 2023
Denmark (%) 1.0 Jun 2023 quarterly Dec 2010 - Jun 2023
Ecuador (%) 5.4 Oct 2023 monthly Jan 2006 - Oct 2023
Egypt (%) 3.3 Jun 2023 quarterly Mar 2011 - Jun 2023
Estonia (%) 0.2 Oct 2023 monthly Dec 2000 - Oct 2023
European Union (%) 3.7 2017 yearly 2008 - 2017
Finland (%) 1.2 Jun 2023 quarterly Dec 2014 - Jun 2023
France (%) 2.4 2021 yearly 2008 - 2021
Georgia (%) 1.7 Jun 2023 monthly Dec 2003 - Jun 2023
Germany (%) 1.1 2019 yearly 2005 - 2019
Ghana (%) 20.0 Aug 2023 monthly Dec 2005 - Aug 2023
Greece (%) 31.9 Dec 2013 quarterly Mar 2005 - Dec 2013
Hong Kong SAR, China (%) 1.5 Jun 2023 quarterly Mar 1997 - Jun 2023
Hungary (%) 2.0 Jun 2023 quarterly Dec 2015 - Jun 2023
Iceland (%) 7.8 2021 yearly 2009 - 2021
India (%) 5.8 2022 yearly 1998 - 2022
Indonesia (%) 2.5 Apr 2023 monthly Jan 2003 - Apr 2023
Iran (%) 6.9 Mar 2023 monthly Jan 2011 - Mar 2023
Ireland (%) 1.6 Mar 2023 quarterly Mar 2010 - Mar 2023
Israel (%) 0.8 Jun 2023 quarterly Mar 2011 - Jun 2023
Italy (%) 3.0 Jun 2023 quarterly Jun 2008 - Jun 2023
Japan (%) 1.2 Sep 2022 semiannually Mar 1999 - Sep 2022
Jordan (%) 4.5 2022 yearly 2001 - 2022
Kazakhstan (%) 3.3 Sep 2023 monthly Apr 2008 - Sep 2023
Kenya (%) 11.1 Dec 2021 quarterly Mar 2016 - Dec 2021
South Korea (%) 0.3 Mar 2023 quarterly Jun 2001 - Mar 2023
Kosovo (%) 1.9 Feb 2023 monthly Jul 2010 - Feb 2023
Kuwait (%) 1.7 Sep 2023 quarterly Mar 2012 - Sep 2023
Kyrgyzstan (%) 10.0 Sep 2023 monthly Dec 2000 - Sep 2023
Laos (%) 1.9 Jun 2023 quarterly Dec 2017 - Jun 2023
Latvia (%) 1.2 Mar 2023 quarterly Dec 2004 - Mar 2023
Lebanon (%) 23.8 Jun 2020 quarterly Jun 2011 - Jun 2020
Lithuania (%) 0.6 Jun 2023 quarterly Mar 2009 - Jun 2023
Luxembourg (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Macau SAR, China (%) 2.4 Sep 2023 monthly Jan 1990 - Sep 2023
North Macedonia (%) 2.8 Jun 2023 quarterly Dec 2005 - Jun 2023
Malawi (%) 4.2 Jun 2022 quarterly Dec 2003 - Jun 2022
Malaysia (%) 1.7 Sep 2023 monthly Dec 2005 - Sep 2023
Malta (%) 2.5 2022 yearly 2003 - 2022
Mauritius (%) 5.6 Jun 2023 quarterly Mar 2009 - Jun 2023
Mexico (%) 2.1 Sep 2023 quarterly Dec 1994 - Sep 2023
Moldova (%) 6.2 Oct 2023 monthly Sep 2002 - Oct 2023
Mongolia (%) 8.3 Oct 2023 monthly Dec 1996 - Oct 2023
Montenegro (%) 5.2 Jul 2023 monthly Aug 2010 - Jul 2023
Morocco (%) 8.8 Sep 2023 monthly Dec 2001 - Sep 2023
Nepal (%) 2.5 2015 yearly 2003 - 2015
Netherlands (%) 1.6 Jun 2023 quarterly Mar 2008 - Jun 2023
New Zealand (%) 0.5 Dec 2017 quarterly Mar 1996 - Dec 2017
Nigeria (%) 6.1 2019 yearly 2003 - 2019
Norway (%) 0.4 2022 yearly 1990 - 2022
Oman (%) 4.4 Jun 2023 quarterly Jun 2008 - Jun 2023
Pakistan (%) 7.7 Sep 2023 quarterly Mar 2006 - Sep 2023
Palestinian Territory (%) 4.2 Mar 2022 quarterly Dec 2008 - Mar 2022
Panama (%) 1.5 Aug 2023 monthly Dec 2008 - Aug 2023
Paraguay (%) 3.4 Sep 2023 monthly Jan 1999 - Sep 2023
Peru (%) 3.7 Sep 2023 monthly Dec 2004 - Sep 2023
Philippines (%) 3.4 Sep 2023 monthly Mar 2008 - Sep 2023
Poland (%) 5.7 Sep 2023 monthly Dec 1996 - Sep 2023
Portugal (%) 1.3 Sep 2023 monthly Dec 1997 - Sep 2023
Qatar (%) 3.7 2022 yearly 2000 - 2022
Romania (%) 2.6 Aug 2023 monthly Sep 2014 - Aug 2023
Russia (%) 16.8 Nov 2020 monthly Jun 2009 - Nov 2020
Saudi Arabia (%) 1.7 Jun 2023 quarterly Mar 2009 - Jun 2023
Serbia (%) 3.2 Jun 2023 quarterly Sep 2008 - Jun 2023
Singapore (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Slovakia (%) 2.0 Sep 2023 monthly Jan 2009 - Sep 2023
Slovenia (%) 0.7 Aug 2023 monthly Mar 2008 - Aug 2023
South Africa (%) 5.5 Oct 2023 monthly Jan 2008 - Oct 2023
Spain (%) 3.6 Aug 2023 monthly Jan 1962 - Aug 2023
Sri Lanka (%) 4.5 2021 yearly 1998 - 2021
Sudan (%) 3.7 2021 yearly 2000 - 2021
Sweden (%) 0.3 Mar 2023 quarterly Mar 2012 - Mar 2023
Switzerland (%) 0.7 2021 yearly 2005 - 2021
Taiwan (%) 0.1 Sep 2023 monthly Jan 2004 - Sep 2023
Tajikistan (%) 20.6 Apr 2019 monthly Jan 2000 - Apr 2019
Thailand (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019

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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: Tax: Direct: Total (PAB th) 296,000.396 Aug 2023 monthly Jan 1995 - Aug 2023
Central Government Revenue: Current Revenue (PAB th) 630,946.588 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: 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
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
Balance of Payment (BoP): Current Account (CA) (PAB mn) 1,101.789 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Goods (PAB mn) -1,303.278 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: Services: Debit (PAB mn) -1,310.072 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: Capital Account (PAB mn) 2.216 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 (PAB mn) 3,447.793 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Goods: Credit (PAB mn) 5,115.466 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,885.224 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Goods: Debit (PAB mn) -6,418.744 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: Debit (PAB mn) 0.000 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Income: Credit (PAB mn) 953.765 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: Capital Account: Credit (PAB mn) 2.216 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: CA: Income (PAB mn) -1,043.127 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: Direct Investment (PAB mn) 906.491 Mar 2023 quarterly Mar 2013 - Mar 2023
BoP: Financial Account (FA) (PAB mn) -436.615 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) 4,782.4 Oct 2023 monthly Oct 1969 - Oct 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 Oct 2023 monthly Sep 1969 - Oct 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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