Panama - Broad money (% of GDP)

Broad money (% of GDP) in Panama was 77.92 as of 2008. Its highest value over the past 48 years was 81.29 in 2006, while its lowest value was 12.57 in 1961.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 13.09
1961 12.57
1962 13.33
1963 15.32
1964 13.52
1965 14.63
1966 16.03
1967 17.47
1968 18.56
1969 16.09
1970 18.97
1971 19.83
1972 23.48
1973 23.23
1974 24.26
1975 26.53
1976 26.68
1977 29.23
1978 29.42
1979 31.73
1980 31.88
1981 33.50
1982 34.14
1983 33.95
1984 34.91
1985 34.70
1986 35.25
1987 33.88
1988 28.65
1989 27.98
1990 35.18
1991 42.28
1992 46.71
1993 50.87
1994 55.22
1995 58.54
1996 60.93
1997 64.06
1998 68.26
1999 70.66
2000 76.11
2001 80.82
2002 76.43
2003 75.08
2004 73.99
2005 73.65
2006 81.29
2007 80.33
2008 77.92

Aggregation method: Weighted average

Periodicity: Annual

General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)