Panama Short Term Interest Rate

2006 - 2025 | Monthly | % pa | Superintendency of Banks of Panama

Key information about Panama Short Term Interest Rate

  • Panama Short Term Interest Rate: Month End: Interbank Reference Rate: 3 Months was reported at 4.05 % pa in Dec 2025, compared with 3.91 % pa in the previous month.
  • Panama Short Term Interest Rate data is updated monthly, available from Jan 2006 to Dec 2025.
  • The data reached an all-time high of 7.11 % pa in Nov 2006 and a record low of 0.12 % pa in Apr 2013.
  • Short Term Interest Rate is reported by reported by Superintendency of Banks of Panama.
  • Panama Exchange Rate against USD averaged 1.00 (USD/PAB) in Oct 2025.

View Panama's Short Term Interest Rate from Jan 2006 to Dec 2025 in the chart:

Panama Short Term Interest Rate

What was Panama's Short Term Interest Rate in Dec 2025?

Panama Short Term Interest Rate: Month End: Interbank Reference Rate: 3 Months was reported at 4.05 % pa in Dec 2025, compared with 3.91 % pa in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.05 Dec 2025 3.91 Nov 2025 0.12 Apr 2013 7.11 Nov 2006 % pa monthly Jan 2006 - Dec 2025

Short Term Interest Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 2.60 May 2025 monthly Jan 2002 - May 2025
Algeria (% pa) 1.89 Dec 2025 monthly Jan 2002 - Dec 2025
Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
Australia (% pa) 3.74 Dec 2025 monthly Jun 1969 - Dec 2025
Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Azerbaijan (% pa) 7.50 Mar 2024 monthly Dec 2002 - Mar 2024
Bahrain (% pa) 4.22 Sep 2025 quarterly Jun 2003 - Sep 2025
Bangladesh (% pa) 9.46 Oct 2025 monthly Sep 2003 - Oct 2025
Belarus (% pa) 7.00 Dec 2025 monthly Apr 2003 - Dec 2025
Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Bolivia (% pa) 6.73 Aug 2025 monthly Jan 1998 - Aug 2025
Botswana (% pa) 7.83 Nov 2025 monthly Jan 2003 - Nov 2025
Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
Cambodia (% pa) 0.50 Dec 2025 monthly Dec 2016 - Dec 2025
Canada (% pa) 2.15 Dec 2025 monthly Jan 1993 - Dec 2025
China (% pa) 1.60 Dec 2025 monthly Oct 2006 - Dec 2025
Colombia (% pa) 8.67 Oct 2025 monthly Jan 1986 - Oct 2025
Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Czech Republic (% pa) 3.52 Dec 2025 monthly Apr 1992 - Dec 2025
Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
Ecuador (% pa) 2.71 Nov 2025 monthly Apr 2000 - Nov 2025
Egypt (% pa) 21.34 Dec 2025 monthly Jan 2001 - Dec 2025
Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Georgia (% pa) 8.09 Dec 2025 monthly Feb 2008 - Dec 2025
Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Ghana (% pa) 14.74 Jun 2025 monthly Aug 1996 - Jun 2025
Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Hong Kong SAR, China (% pa) 2.93 Dec 2025 monthly Jul 1996 - Dec 2025
Hungary (% pa) 6.50 Nov 2025 monthly Aug 1996 - Nov 2025
Iceland (% pa) 7.56 Dec 2025 monthly Aug 1998 - Dec 2025
India (% pa) 6.12 Oct 2025 monthly Sep 2015 - Oct 2025
Indonesia (% pa) 5.46 Nov 2025 monthly Dec 1995 - Nov 2025
Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
Israel (% pa) 4.44 Jun 2025 monthly Mar 2007 - Jun 2025
Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Japan (% pa) 0.81 Nov 2025 monthly Jan 1997 - Nov 2025
Jordan (% pa) 6.25 Dec 2025 monthly Aug 2005 - Dec 2025
Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
Kenya (% pa) 7.79 Nov 2025 monthly Jul 1991 - Nov 2025
South Korea (% pa) 2.82 Dec 2025 monthly Jul 2004 - Dec 2025
Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Kuwait (% pa) 3.56 Dec 2025 monthly Nov 2001 - Dec 2025
Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Lebanon (% pa) 9.44 Sep 2025 monthly Mar 1972 - Sep 2025
Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Macau SAR, China (% pa) 3.13 Nov 2025 monthly Jun 1988 - Nov 2025
North Macedonia (% pa) 4.51 May 2025 monthly Jul 2007 - May 2025
Malawi (% pa) 16.00 Nov 2025 monthly Jan 1983 - Nov 2025
Malaysia (% pa) 3.28 Dec 2025 monthly Jan 1988 - Dec 2025
Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Mauritius (% pa) 4.16 Dec 2025 monthly Apr 1998 - Dec 2025
Mexico (% pa) 7.66 Nov 2025 monthly Jan 1997 - Nov 2025
Moldova (% pa) 9.41 Oct 2025 monthly Dec 2005 - Oct 2025
Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Morocco (% pa) 2.31 Dec 2025 monthly Jan 1995 - Dec 2025
Mozambique (% pa) 11.97 Dec 2025 monthly Nov 2005 - Dec 2025
Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
Nepal (% pa) 2.37 Nov 2025 monthly Feb 1993 - Nov 2025
Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
New Zealand (% pa) 2.45 Nov 2025 monthly Jan 1985 - Nov 2025
Nigeria (% pa) 24.16 Dec 2025 monthly Jan 2010 - Dec 2025
Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
Oman (% pa) 0.00 Oct 2025 monthly Jan 2004 - Oct 2025
Pakistan (% pa) 11.17 Oct 2025 monthly Nov 2004 - Oct 2025
Panama (% pa) 4.05 Dec 2025 monthly Jan 2006 - Dec 2025
Philippines (% pa) 4.72 Jan 2026 monthly Jan 1975 - Jan 2026
Poland (% pa) 3.99 Dec 2025 monthly Jan 1999 - Dec 2025
Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Qatar (% pa) 4.06 Nov 2025 monthly Jul 2004 - Nov 2025
Romania (% pa) 6.14 Dec 2025 monthly Aug 1995 - Dec 2025
Russia (% pa) 16.65 Oct 2025 monthly Aug 2000 - Oct 2025
Saudi Arabia (% pa) 4.97 Nov 2025 monthly Jan 2007 - Nov 2025
Serbia (% pa) 4.68 Dec 2025 monthly Aug 2005 - Dec 2025
Singapore (% pa) 3.30 Nov 2024 monthly Oct 1995 - Nov 2024
Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
South Africa (% pa) 6.77 Dec 2025 monthly Dec 1980 - Dec 2025
Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
Switzerland (% pa) -0.04 Jan 2026 monthly Jul 1999 - Jan 2026
Taiwan, China (% pa) 1.68 Dec 2025 monthly Oct 2005 - Dec 2025
Thailand (% pa) 1.63 Nov 2025 monthly Jan 2005 - Nov 2025
Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
Ukraine (% pa) 4.03 Apr 2025 monthly Jan 2006 - Apr 2025
United Arab Emirates (% pa) 3.70 Dec 2025 monthly Oct 2009 - Dec 2025
United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
United States (% pa) 3.57 Dec 2025 monthly Jan 1954 - Dec 2025
Uruguay (% pa) 7.34 Dec 2025 monthly Sep 2002 - Dec 2025
Venezuela (% pa) 1.53 Nov 2025 monthly Jan 1998 - Nov 2025
Vietnam (% pa) 8.42 Dec 2025 monthly Jul 2004 - Dec 2025
Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
Zambia (% pa) 11.50 Oct 2025 monthly Jan 2006 - Oct 2025

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.9 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue (USD mn) 443.232 Nov 2025 monthly Jan 1995 - Nov 2025
Tax Revenue: % of GDP (%) 6.6 Sep 2025 quarterly Mar 2007 - Sep 2025
National Government Debt (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Central Government Revenue: Current Revenue: Tax (PAB th) 443,231.781 Nov 2025 monthly Jan 1995 - Nov 2025
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 219,865.927 Nov 2025 monthly Jan 1995 - Nov 2025
Central Government Revenue: Current Revenue (PAB th) 574,666.447 Nov 2025 monthly Jan 1995 - Nov 2025
Public Debt: Domestic (USD mn) 10,668.532 Dec 2025 monthly Jul 2004 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -972.5 Nov 2025 monthly Jan 1964 - Nov 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) 1.3 Nov 2025 monthly Jan 2001 - Nov 2025
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,042.9 Nov 2025 monthly Jan 2000 - Nov 2025
Total Imports Growth (%) -2.0 Nov 2025 monthly Jan 2001 - Nov 2025
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 32.781 Sep 2025 monthly Jan 1970 - Sep 2025
Total Imports from USA (USD mn) 246.281 Sep 2025 monthly Jan 1967 - Sep 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 192.320 Sep 2025 monthly Mar 1989 - Sep 2025
Exports: FOB: Seafood Products (PAB th) 4,864.801 Nov 2025 monthly Jan 2002 - Nov 2025
Exports: FOB: Prawn (PAB th) 12,896.144 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Banana (PAB th) 2,293.212 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB (PAB th) 70,409.644 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
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
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 128.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Current Account Balance (USD mn) -502.9 Sep 2025 quarterly Mar 1998 - Sep 2025
Current Account Balance: % of GDP (%) -2.3 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Direct Investment (USD mn) 676.4 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Direct Investment: % of GDP (%) 3.1 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.0 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
External Debt (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
External Debt: % of GDP (%) 169.8 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 (%) 59.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.079 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -75,811.580 Sep 2025 quarterly Mar 2002 - Sep 2025
BoP: CA: Services: Debit (PAB mn) -1,502.052 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Credit (PAB mn) 1,103.205 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income (PAB mn) -1,457.621 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Debit (PAB mn) -2,560.827 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Credit (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
Balance of Payment (BoP): Current Account (CA) (PAB mn) -502.946 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Credit (PAB mn) 4,179.957 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Net Errors and Omissions (PAB mn) -1,228.288 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Direct Investment (PAB mn) 548.322 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods (PAB mn) -3,116.496 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Debit (PAB mn) -7,296.453 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Assets (PAB mn) -2,194.910 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Credit (PAB mn) 5,634.327 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services (PAB mn) 4,132.275 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financial Account (FA) (PAB mn) 1,301.970 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financing: Reserve Assets (PAB mn) 466.385 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
International Investment Position (IIP) (USD mn) -75,811.580 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Liabilities (USD mn) 193,078.165 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Assets (USD mn) 117,266.585 Sep 2025 quarterly Mar 2015 - Sep 2025
Foreign Direct Investment (FDI) (PAB mn) 676.356 Sep 2025 quarterly Mar 2013 - Sep 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Nov 2025 monthly Dec 2008 - Nov 2025
Household Debt: % of GDP (%) 37.7 Sep 2025 quarterly Dec 2007 - Sep 2025
Non-Performing Loans (USD mn) 1,598.833 Nov 2025 monthly Dec 2008 - Nov 2025
Money Supply M1 (USD mn) 9,066.270 Nov 2025 monthly Dec 2002 - Nov 2025
Money Supply M2 (USD mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
M2 Growth (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Foreign Exchange Reserves (USD mn) 5,644.2 Dec 2025 monthly Oct 1969 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 4.178 Sep 2025 quarterly Dec 2007 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 5.2 Nov 2025 monthly Jan 2000 - Nov 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 115,131.706 Nov 2025 monthly Dec 1998 - Nov 2025
Total Deposits Growth (%) 7.2 Nov 2025 monthly Dec 1999 - Nov 2025
Domestic Credit (USD mn) 64,958.0 Nov 2025 monthly Dec 2001 - Nov 2025
Domestic Credit Growth (%) 1.2 Nov 2025 monthly Dec 2002 - Nov 2025
Household Debt (USD mn) 33,969.4 Nov 2025 monthly Oct 2005 - Nov 2025
Total Loans (USD mn) 102,722.968 Nov 2025 monthly Dec 1998 - Nov 2025
Total Loans Growth (%) 5.67 Nov 2025 monthly Dec 1999 - Nov 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,458.796 Nov 2025 monthly Dec 2002 - Nov 2025

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