Panama - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Panama was 95.65 as of 2020. Its highest value over the past 60 years was 95.65 in 2020, while its lowest value was 8.93 in 1961.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

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

See also:

Year Value
1960 8.97
1961 8.93
1962 9.23
1963 9.59
1964 10.62
1965 12.31
1966 13.60
1967 15.26
1968 16.87
1969 19.15
1970 24.38
1971 28.97
1972 35.62
1973 39.62
1974 48.10
1975 47.07
1976 45.63
1977 45.54
1978 41.95
1979 43.80
1980 42.18
1981 44.82
1982 40.90
1983 39.90
1984 38.94
1985 38.34
1986 39.07
1987 40.02
1988 36.79
1989 36.65
1990 34.71
1991 39.33
1992 43.01
1993 49.33
1994 54.66
1995 61.13
1996 64.31
1997 68.31
1998 77.84
1999 86.62
2000 90.15
2001 94.73
2002 77.31
2003 72.88
2004 71.53
2005 75.40
2006 77.11
2007 77.77
2008 76.49
2009 72.22
2010 76.08
2011 74.82
2012 74.15
2013 59.67
2014 75.60
2015 77.85
2016 79.10
2017 79.47
2018 79.14
2019 78.38
2020 95.65

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Panama was 105.87 as of 2020. Its highest value over the past 10 years was 105.87 in 2020, while its lowest value was 67.37 in 2013.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

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

See also:

Year Value
2010 84.27
2011 82.64
2012 81.89
2013 67.37
2014 83.31
2015 85.50
2016 86.89
2017 87.32
2018 87.04
2019 86.80
2020 105.87

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets