Panama Domestic Credit

2001 - 2024 | Monthly | USD mn | CEIC Data

Key information about Panama Domestic Credit

  • Panama Domestic Credit reached 61.2 USD bn in Feb 2024, compared with a reported figure of 61.0 USD bn in the previous month
  • Panama Domestic Credit data is updated monthly
  • It is available from Dec 2001 to Feb 2024 and averaged 33.7 USD bn
  • The data reached an all-time high of 61.2 USD bn in Feb 2024 and a record low of 11.2 USD bn in Mar 2002

CEIC converts monthly Domestic Credit into USD. The Superintendency of Banks of Panama provides Domestic Credit in local currency. The International Monetary Fund period end market exchange rate is used for currency conversions. Domestic Credit prior to December 2002 is sourced from the International Monetary Fund.


Further information about Panama Domestic Credit

  • In the latest reports, Panama Domestic Credit represented an increased of 4.7 % YoY in Feb 2024
  • Money Supply M2 in Panama increased to 39.5 USD bn YoY in Dec 2023
  • Panama Foreign Exchange Reserves was measured at 8.1 USD bn in Feb 2024
  • The Foreign Exchange Reserves equaled 5.0 Months of Import in Jan 2024
  • The country's Non Performing Loans Ratio stood at 1.9 % in Feb 2024, compared with the ratio of 1.6 % in the previous month
  • Household Debt of Panama reached 38.0 % in Dec 2023, accounting for 38.0 % of the country's Nominal GDP

View Panama's Domestic Credit from Dec 2001 to Feb 2024 in the chart:

Panama Domestic Credit

What was Panama's Domestic Credit in Feb 2024?

Panama Domestic Credit reached 61.2 USD bn in Feb 2024, compared with a reported figure of 61.0 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
61,225.8 Feb 2024 60,991.9 Jan 2024 11,207.0 Mar 2002 61,225.8 Feb 2024 USD mn monthly Dec 2001 - Feb 2024

Domestic Credit by Country Comparison

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Includes Domestic Credit on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 13,028.6 Feb 2024 monthly Dec 2002 - Feb 2024
Algeria (USD mn) 165,608.6 Jan 2024 monthly Dec 2001 - Jan 2024
Argentina (USD mn) 173,155.4 Jan 2024 monthly Jan 1990 - Jan 2024
Armenia (USD mn) 16,066.8 Jan 2024 monthly Dec 1993 - Jan 2024
Australia (USD mn) 3,696,968.0 Jan 2024 monthly Dec 2001 - Jan 2024
Austria (USD mn) 636,320.1 Jan 2024 monthly Jan 1999 - Jan 2024
Azerbaijan (USD mn) 17,784.7 Jan 2024 monthly Dec 2001 - Jan 2024
Bahrain (USD mn) 55,341.2 Jan 2024 monthly Sep 1991 - Jan 2024
Bangladesh (USD mn) 182,191.7 Feb 2024 monthly Jul 1987 - Feb 2024
Belarus (USD mn) 23,402.0 Feb 2024 monthly Dec 2006 - Feb 2024
Belgium (USD mn) 818,048.0 Jan 2024 monthly Jan 1999 - Jan 2024
Bolivia (USD mn) 48,098.3 Oct 2023 monthly Dec 2001 - Oct 2023
Bosnia and Herzegovina (USD mn) 13,023.8 Feb 2024 monthly Aug 1997 - Feb 2024
Botswana (USD mn) 6,007.9 Feb 2023 monthly Dec 2004 - Feb 2023
Brazil (USD mn) 2,878,514.2 Feb 2024 monthly Dec 2001 - Feb 2024
Brunei (USD mn) 5,051.4 Nov 2023 monthly Jan 1999 - Nov 2023
Bulgaria (USD mn) 53,963.8 Jan 2024 monthly Dec 1993 - Jan 2024
Cambodia (USD mn) 51,606.4 Feb 2024 monthly Dec 1994 - Feb 2024
Canada (USD mn) 4,683,925.6 Jan 2024 monthly Jan 1969 - Jan 2024
Chile (USD mn) 276,433.7 Jan 2024 monthly Dec 1978 - Jan 2024
China (USD mn) 46,220,915.5 Jan 2024 monthly Jun 1999 - Jan 2024
Colombia (USD mn) 215,262.9 Jan 2024 monthly Jan 1993 - Jan 2024
Croatia (USD mn) 57,914.6 Feb 2024 monthly Jun 1994 - Feb 2024
Cyprus (USD mn) 22,353.8 Jan 2024 monthly Nov 2005 - Jan 2024
Czech Republic (USD mn) 217,026.9 Jan 2024 monthly Jan 2002 - Jan 2024
Denmark (USD mn) 815,962.2 Jan 2024 monthly Dec 2001 - Jan 2024
Ecuador (USD mn) 71,061.9 Feb 2024 monthly Jan 2006 - Feb 2024
Egypt (USD mn) 335,228.7 Feb 2024 monthly Jan 1996 - Feb 2024
Estonia (USD mn) 28,823.3 Jan 2024 monthly Jun 1992 - Jan 2024
European Union (USD mn) 25,578,872.0 Jan 2024 monthly Jan 1999 - Jan 2024
Finland (USD mn) 402,297.2 Jan 2024 monthly Jan 1999 - Jan 2024
France (USD mn) 5,335,759.0 Jan 2024 monthly Jan 1999 - Jan 2024
Georgia (USD mn) 20,648.5 Feb 2024 monthly Oct 1995 - Feb 2024
Germany (USD mn) 6,568,151.9 Jan 2024 monthly Jan 1999 - Jan 2024
Ghana (USD mn) 19,989.0 Dec 2023 monthly Jan 1967 - Dec 2023
Greece (USD mn) 184,412.3 Jan 2024 monthly Jan 2001 - Jan 2024
Hong Kong SAR, China (USD mn) 1,000,734.2 Dec 2023 monthly Dec 1990 - Dec 2023
Hungary (USD mn) 111,367.9 Feb 2024 monthly Jan 1998 - Feb 2024
Iceland (USD mn) 32,182.7 Feb 2024 monthly Sep 1993 - Feb 2024
India (USD mn) 2,946,511.8 Jan 2024 monthly Mar 1999 - Jan 2024
Indonesia (USD mn) 527,944.3 Feb 2024 monthly Jan 2004 - Feb 2024
Iran (USD mn) 276,897.2 Feb 2017 monthly Jan 1964 - Feb 2017
Ireland (USD mn) 318,761.4 Jan 2024 monthly Jan 1999 - Jan 2024
Israel (USD mn) 730,257.2 Feb 2023 monthly Dec 1999 - Feb 2023
Italy (USD mn) 3,280,167.3 Jan 2024 monthly Jan 1999 - Jan 2024
Ivory Coast (USD mn) 27,153.2 Jan 2024 monthly Jan 1964 - Jan 2024
Japan (USD mn) 12,213,991.3 Feb 2024 monthly Apr 2003 - Feb 2024
Jordan (USD mn) 68,198.4 Nov 2023 monthly Jan 2002 - Nov 2023
Kazakhstan (USD mn) 94,787.2 Feb 2024 monthly Dec 2001 - Feb 2024
Kenya (USD mn) 40,483.0 Oct 2023 monthly Dec 1995 - Oct 2023
South Korea (USD mn) 3,462,458.6 Feb 2024 monthly Dec 2001 - Feb 2024
Kosovo (USD mn) 5,111.6 Feb 2024 monthly Dec 2000 - Feb 2024
Kuwait (USD mn) 128,049.4 Jan 2024 monthly Jan 1994 - Jan 2024
Kyrgyzstan (USD mn) 2,370.1 Jan 2024 monthly Dec 2002 - Jan 2024
Laos (USD mn) 9,997.4 Dec 2023 quarterly Dec 1991 - Dec 2023
Latvia (USD mn) 18,298.3 Jan 2024 monthly Jul 2003 - Jan 2024
Lebanon (USD mn) 105,909.1 Jan 2018 monthly Mar 1965 - Jan 2018
Lithuania (USD mn) 33,843.7 Jan 2024 monthly Dec 1993 - Jan 2024
Luxembourg (USD mn) 149,821.8 Jan 2024 monthly Jan 1999 - Jan 2024
Macau SAR, China (USD mn) 35,695.5 Feb 2024 monthly Jun 1984 - Feb 2024
North Macedonia (USD mn) 8,949.0 Feb 2024 monthly Jan 2003 - Feb 2024
Malawi (USD mn) 2,762.2 Jan 2024 monthly Jan 1975 - Jan 2024
Malaysia (USD mn) 572,641.0 Feb 2024 monthly Jan 1987 - Feb 2024
Malta (USD mn) 21,242.9 Feb 2024 monthly Jan 2008 - Feb 2024
Mauritius (USD mn) 19,135.7 Feb 2024 monthly Jun 2005 - Feb 2024
Mexico (USD mn) 771,518.5 Jan 2024 monthly Dec 2001 - Jan 2024
Moldova (USD mn) 4,795.2 Feb 2024 monthly Jan 2000 - Feb 2024
Mongolia (USD mn) 8,409.9 Feb 2024 monthly Dec 1992 - Feb 2024
Montenegro (USD mn) 3,867.8 Feb 2024 monthly Jan 2005 - Feb 2024
Morocco (USD mn) 163,347.1 Feb 2024 monthly Dec 2001 - Feb 2024
Mozambique (USD mn) 6,996.3 Jan 2024 monthly Dec 2001 - Jan 2024
Myanmar (USD mn) 45,836.4 Jan 2021 monthly Apr 2012 - Jan 2021
Nepal (USD mn) 48,516.8 Mar 2024 monthly Jan 2001 - Mar 2024
Netherlands (USD mn) 1,788,475.2 Jan 2024 monthly Dec 2001 - Jan 2024
New Zealand (USD mn) 361,531.0 Feb 2024 monthly Mar 1988 - Feb 2024
Nigeria (USD mn) 74,341.2 Feb 2024 monthly Nov 1992 - Feb 2024
Norway (USD mn) 688,972.4 Feb 2024 monthly Dec 1985 - Feb 2024
Oman (USD mn) 67,496.7 Jan 2024 monthly Dec 1999 - Jan 2024
Pakistan (USD mn) 150,734.8 Feb 2024 monthly Jun 2008 - Feb 2024
Palestinian Territory (USD mn) 11,851.7 Feb 2024 monthly Dec 1998 - Feb 2024
Panama (USD mn) 61,225.8 Feb 2024 monthly Dec 2001 - Feb 2024
Paraguay (USD mn) 20,746.2 Dec 2023 monthly Dec 2001 - Dec 2023
Peru (USD mn) 52,632.6 Nov 2023 monthly Jan 1992 - Nov 2023
Philippines (USD mn) 324,291.8 Jan 2024 monthly Dec 2001 - Jan 2024
Poland (USD mn) 474,750.8 Feb 2024 monthly Dec 1996 - Feb 2024
Portugal (USD mn) 347,355.6 Jan 2024 monthly Dec 1979 - Jan 2024
Qatar (USD mn) 382,380.1 Feb 2024 monthly Jan 2007 - Feb 2024
Romania (USD mn) 131,527.6 Feb 2024 monthly Dec 2004 - Feb 2024
Russia (USD mn) 1,320,578.6 Feb 2024 monthly Dec 2000 - Feb 2024
Saudi Arabia (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Serbia (USD mn) 28,916.8 Feb 2024 monthly Dec 2003 - Feb 2024
Singapore (USD mn) 841,946.3 Feb 2024 monthly Mar 2004 - Feb 2024
Slovakia (USD mn) 116,704.7 Jan 2024 monthly Jan 2006 - Jan 2024
Slovenia (USD mn) 36,698.4 Jan 2024 monthly Jan 2004 - Jan 2024
South Africa (USD mn) 278,419.8 Feb 2024 monthly Mar 1965 - Feb 2024
Spain (USD mn) 2,279,184.1 Jan 2024 monthly Jan 1999 - Jan 2024
Sri Lanka (USD mn) 1,267.7 Dec 2023 monthly Jan 1996 - Dec 2023
Sudan (USD mn) 5,482.7 Mar 2022 quarterly Mar 2002 - Mar 2022
Sweden (USD mn) 1,001,335.0 Jan 2024 monthly Dec 2001 - Jan 2024
Switzerland (USD mn) 1,566,046.0 Feb 2024 monthly Dec 1987 - Feb 2024

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Panama Key Series

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Includes 164 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 (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 402.772 Jan 2024 monthly Jan 1995 - Jan 2024
Tax Revenue: % of GDP (%) 9.6 Dec 2023 quarterly Mar 2007 - Dec 2023
National Government Debt (USD mn) 49,808.0 Feb 2024 monthly Jul 2004 - Feb 2024
Government Debt: % of GDP (%) 56.4 Dec 2023 quarterly Dec 2007 - Dec 2023
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 (PAB th) 493,810.833 Jan 2024 monthly Jan 1995 - Jan 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 402,771.625 Jan 2024 monthly Jan 1995 - Jan 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 183,964.393 Jan 2024 monthly Jan 1995 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,031.9 Jan 2024 monthly Jan 1964 - Jan 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -75.7 Jan 2024 monthly Jan 2001 - Jan 2024
Aluminum: Exports (USD th) 1,490.770 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) 1,094.8 Jan 2024 monthly Jan 2000 - Jan 2024
Total Imports Growth (%) -4.5 Jan 2024 monthly Jan 2001 - Jan 2024
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) 17.278 Dec 2023 monthly Jan 1970 - Dec 2023
Total Imports from USA (USD mn) 182.677 Dec 2023 monthly Jan 1967 - Dec 2023
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 146.475 Dec 2023 monthly Mar 1989 - Dec 2023
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: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 150.6 Dec 2023 quarterly Mar 2013 - Dec 2023
Current Account Balance (USD mn) -4,356.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance: % of GDP (%) -18.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment (USD mn) 779.1 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment: % of GDP (%) 3.4 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment (USD mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 5.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2023 quarterly Mar 2013 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
External Debt (USD mn) 42,844.3 Feb 2024 monthly Jul 2004 - Feb 2024
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) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -72,069.421 Dec 2023 quarterly Mar 2002 - Dec 2023
Balance of Payment (BoP): Current Account (CA) (PAB mn) -4,356.507 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services: Credit (PAB mn) 4,899.518 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Net Errors and Omissions (PAB mn) 4,238.808 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income (PAB mn) -751.392 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account: Debit (PAB mn) 0.000 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods (PAB mn) -6,856.914 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods: Credit (PAB mn) 3,968.015 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Financial Account (FA) (PAB mn) 1,689.751 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Goods: Debit (PAB mn) -10,824.928 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services: Debit (PAB mn) -1,586.616 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income: Debit (PAB mn) -1,767.175 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Financing: Reserve Assets (PAB mn) -2,018.107 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Services (PAB mn) 3,312.902 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Income: Credit (PAB mn) 1,015.783 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account: Credit (PAB mn) 2.055 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 1,349.786 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Direct Investment (PAB mn) 628.537 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Capital Account (PAB mn) 2.055 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) 772.109 Dec 2023 quarterly Mar 2013 - Dec 2023
IIP: Liabilities (USD mn) 174,745.416 Dec 2023 quarterly Mar 2015 - Dec 2023
International Investment Position (IIP) (USD mn) -72,069.421 Dec 2023 quarterly Mar 2015 - Dec 2023
IIP: Assets (USD mn) 102,675.995 Dec 2023 quarterly Mar 2015 - Dec 2023
Foreign Direct Investment (FDI) (PAB mn) 779.107 Dec 2023 quarterly Mar 2013 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Feb 2024 monthly Dec 2008 - Feb 2024
Household Debt: % of GDP (%) 38.0 Dec 2023 quarterly Dec 2007 - Dec 2023
Non-Performing Loans (USD mn) 1,686.854 Feb 2024 monthly Dec 2008 - Feb 2024
Money Supply M1 (USD mn) 9,318.060 Dec 2023 monthly Dec 2002 - Dec 2023
Money Supply M2 (USD mn) 39,528.840 Dec 2023 monthly Dec 2002 - Dec 2023
M2 Growth (%) 3.9 Dec 2023 monthly Dec 2003 - Dec 2023
Foreign Exchange Reserves (USD mn) 8,144.7 Feb 2024 monthly Oct 1969 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 7.368 Dec 2023 quarterly Dec 2007 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 5.0 Jan 2024 monthly Jan 2000 - Jan 2024
Gold Reserves (USD mn) 0.000 Feb 2024 monthly Sep 1969 - Feb 2024
Total Deposits (USD mn) 104,069.234 Jan 2024 monthly Dec 1998 - Jan 2024
Total Deposits Growth (%) 9.0 Feb 2024 monthly Dec 1999 - Feb 2024
Domestic Credit (USD mn) 61,225.8 Feb 2024 monthly Dec 2001 - Feb 2024
Domestic Credit Growth (%) 4.7 Feb 2024 monthly Dec 2002 - Feb 2024
Household Debt (USD mn) 32,052.6 Feb 2024 monthly Oct 2005 - Feb 2024
Total Loans (USD mn) 90,529.510 Jan 2024 monthly Dec 1998 - Jan 2024
Total Loans Growth (%) 5.98 Feb 2024 monthly Dec 1999 - Feb 2024
Private Debt: % of Nominal GDP (%) 68.65 Dec 2023 quarterly Dec 2007 - Dec 2023
Money Supply: M3 (PAB mn) 39,528.840 Dec 2023 monthly Dec 2002 - Dec 2023
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,690.512 Feb 2024 monthly Dec 2002 - Feb 2024

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