Panama Domestic Credit

2001 - 2025 | Monthly | USD mn | CEIC Data

Key information about Panama Domestic Credit

  • Panama Domestic Credit reached 64.2 USD bn in Dec 2025, compared with a reported figure of 65.0 USD bn in the previous month
  • Panama Domestic Credit data is updated monthly
  • It is available from Dec 2001 to Dec 2025 and averaged 37.1 USD bn
  • The data reached an all-time high of 65.1 USD bn in Oct 2025 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 1.0 % YoY in Dec 2025
  • Money Supply M2 in Panama increased to 45.7 USD bn YoY in Nov 2025
  • Panama Foreign Exchange Reserves was measured at 5.2 USD bn in Jan 2026
  • The Foreign Exchange Reserves equaled 4.4 Months of Import in Dec 2025
  • The country's Non Performing Loans Ratio stood at 1.4 % in Dec 2025, compared with the ratio of 1.6 % in the previous month
  • Household Debt of Panama reached 37.7 % in Sep 2025, accounting for 37.7 % of the country's Nominal GDP

View Panama's Domestic Credit from Dec 2001 to Dec 2025 in the chart:

Panama Domestic Credit

What was Panama's Domestic Credit in Dec 2025?

Panama Domestic Credit reached 64.2 USD bn in Dec 2025, compared with a reported figure of 65.0 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
64,199.0 Dec 2025 64,958.0 Nov 2025 11,207.0 Mar 2002 65,123.3 Oct 2025 USD mn monthly Dec 2001 - Dec 2025

Domestic Credit by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 18,306.9 Jan 2026 monthly Dec 2002 - Jan 2026
Algeria (USD mn) 219,729.1 Dec 2025 monthly Dec 2001 - Dec 2025
Argentina (USD mn) 227,327.9 Dec 2025 monthly Jan 1990 - Dec 2025
Armenia (USD mn) 25,121.7 Dec 2025 monthly Dec 1993 - Dec 2025
Australia (USD mn) 3,976,564.5 Dec 2025 monthly Dec 2001 - Dec 2025
Austria (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Azerbaijan (USD mn) 23,180.1 Jan 2026 monthly Dec 2001 - Jan 2026
Bahrain (USD mn) 62,361.2 Jan 2026 monthly Sep 1991 - Jan 2026
Bangladesh (USD mn) 195,565.5 Jan 2026 monthly Jul 1987 - Jan 2026
Belarus (USD mn) 32,815.1 Jan 2026 monthly Dec 2006 - Jan 2026
Belgium (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Bolivia (USD mn) 58,983.8 Nov 2025 monthly Dec 2001 - Nov 2025
Bosnia and Herzegovina (USD mn) 18,071.3 Jan 2026 monthly Aug 1997 - Jan 2026
Botswana (USD mn) 8,802.1 Sep 2025 monthly Dec 2004 - Sep 2025
Brazil (USD mn) 3,368,932.5 Jan 2026 monthly Dec 2001 - Jan 2026
Brunei (USD mn) 4,995.3 Dec 2024 monthly Jan 1999 - Dec 2024
Bulgaria (USD mn) 77,730.4 Dec 2025 monthly Dec 1993 - Dec 2025
Cambodia (USD mn) 56,049.1 Jan 2026 monthly Dec 1994 - Jan 2026
Canada (USD mn) 4,961,659.9 Dec 2025 monthly Jan 1969 - Dec 2025
Chile (USD mn) 300,681.5 Nov 2025 monthly Dec 1978 - Nov 2025
China (USD mn) 55,475,119.1 Jan 2026 monthly Jun 1999 - Jan 2026
Colombia (USD mn) 254,205.6 Nov 2025 monthly Dec 1991 - Nov 2025
Croatia (USD mn) 75,910.5 Dec 2025 monthly Jun 1994 - Dec 2025
Cyprus (USD mn) 24,471.8 Dec 2025 monthly Nov 2005 - Dec 2025
Czech Republic (USD mn) 280,071.9 Jan 2026 monthly Jan 2002 - Jan 2026
Denmark (USD mn) 750,006.4 May 2025 monthly Dec 2001 - May 2025
Ecuador (USD mn) 81,407.7 Jan 2026 monthly Jan 2006 - Jan 2026
Egypt (USD mn) 353,530.9 Jan 2026 monthly Jan 1996 - Jan 2026
Estonia (USD mn) 0.0 May 2025 monthly Jun 1992 - May 2025
European Union (USD mn) 27,019,799.4 May 2025 monthly Jan 1999 - May 2025
Finland (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
France (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Georgia (USD mn) 27,940.1 Jan 2026 monthly Oct 1995 - Jan 2026
Germany (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Ghana (USD mn) 22,480.6 May 2025 monthly Jan 1967 - May 2025
Greece (USD mn) 0.0 May 2025 monthly Jan 2001 - May 2025
Hong Kong SAR, China (USD mn) 1,046,788.9 Oct 2025 monthly Dec 1990 - Oct 2025
Hungary (USD mn) 152,812.8 Jan 2026 monthly Jan 1998 - Jan 2026
Iceland (USD mn) 34,139.7 Feb 2025 monthly Sep 1993 - Feb 2025
India (USD mn) 3,465,368.8 Dec 2025 monthly Mar 1999 - Dec 2025
Indonesia (USD mn) 583,421.4 Jan 2026 monthly Jan 2004 - Jan 2026
Iran (USD mn) 322,960.8 Feb 2017 monthly Jan 1964 - Feb 2017
Ireland (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Israel (USD mn) 1,034,646.4 Aug 2025 monthly Dec 1999 - Aug 2025
Italy (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Ivory Coast (USD mn) 37,704.2 Nov 2025 monthly Jan 1964 - Nov 2025
Japan (USD mn) 11,698,906.3 Dec 2025 monthly Apr 2003 - Dec 2025
Jordan (USD mn) 67,482.6 Dec 2023 monthly Jan 2002 - Dec 2023
Kazakhstan (USD mn) 113,171.0 Jan 2026 monthly Dec 2001 - Jan 2026
Kenya (USD mn) 52,325.8 Jul 2025 monthly Dec 1995 - Jul 2025
South Korea (USD mn) 3,295,265.2 Dec 2025 monthly Dec 2001 - Dec 2025
Kosovo (USD mn) 7,562.8 Jan 2026 monthly Dec 2000 - Jan 2026
Kuwait (USD mn) 157,622.3 Jan 2026 monthly Jan 1994 - Jan 2026
Kyrgyzstan (USD mn) 6,039.4 Jan 2026 monthly Dec 2002 - Jan 2026
Laos (USD mn) 12,429.0 Dec 2025 quarterly Dec 1991 - Dec 2025
Latvia (USD mn) 0.0 May 2025 monthly Jul 2003 - May 2025
Lebanon (USD mn) 38,555.0 Nov 2025 monthly Dec 1976 - Nov 2025
Lithuania (USD mn) 0.0 May 2025 monthly Dec 1993 - May 2025
Luxembourg (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Macau SAR, China (USD mn) 21,533.0 Jan 2026 monthly Jun 1984 - Jan 2026
North Macedonia (USD mn) 12,194.5 Jan 2026 monthly Jan 2003 - Jan 2026
Malawi (USD mn) 6,367.1 Nov 2025 monthly Jan 1975 - Nov 2025
Malaysia (USD mn) 752,398.7 Jan 2026 monthly Jan 1987 - Jan 2026
Malta (USD mn) 27,023.2 Jan 2026 monthly Jan 2008 - Jan 2026
Mauritius (USD mn) 23,161.3 Dec 2025 monthly Jun 2005 - Dec 2025
Mexico (USD mn) 907,194.2 Dec 2025 monthly Dec 2001 - Dec 2025
Moldova (USD mn) 7,229.6 Jan 2026 monthly Jan 2000 - Jan 2026
Mongolia (USD mn) 12,170.3 Dec 2025 monthly Dec 1991 - Dec 2025
Montenegro (USD mn) 4,821.6 Jan 2026 monthly Jan 2005 - Jan 2026
Morocco (USD mn) 206,723.5 Jan 2026 monthly Dec 2001 - Jan 2026
Mozambique (USD mn) 9,151.3 Oct 2025 monthly Dec 2001 - Oct 2025
Myanmar (USD mn) 45,836.4 Jan 2021 monthly Apr 2012 - Jan 2021
Nepal (USD mn) 47,961.8 Jan 2026 monthly Jan 2001 - Jan 2026
Netherlands (USD mn) 0.0 May 2025 monthly Dec 2001 - May 2025
New Zealand (USD mn) 383,024.1 Jan 2026 monthly Mar 1988 - Jan 2026
Nigeria (USD mn) 78,949.7 Jan 2026 monthly Apr 1990 - Jan 2026
Norway (USD mn) 817,590.2 Jan 2026 monthly Dec 1985 - Jan 2026
Oman (USD mn) 76,972.4 Oct 2025 monthly Dec 1999 - Oct 2025
Pakistan (USD mn) 187,823.6 Jan 2026 monthly Jun 2008 - Jan 2026
Palestinian Territory (USD mn) 12,941.5 Jan 2026 monthly Dec 1998 - Jan 2026
Panama (USD mn) 64,199.0 Dec 2025 monthly Dec 2001 - Dec 2025
Paraguay (USD mn) 30,012.3 Dec 2025 monthly Dec 2001 - Dec 2025
Peru (USD mn) 70,940.5 Nov 2025 monthly Jan 1992 - Nov 2025
Philippines (USD mn) 378,640.7 Jan 2026 monthly Dec 2001 - Jan 2026
Poland (USD mn) 623,525.3 Jan 2026 monthly Dec 1996 - Jan 2026
Portugal (USD mn) 402,023.1 Jan 2026 monthly Dec 1979 - Jan 2026
Qatar (USD mn) 420,257.1 Dec 2025 monthly Jan 2007 - Dec 2025
Romania (USD mn) 167,934.3 Jan 2026 monthly Dec 2004 - Jan 2026
Russia (USD mn) 1,836,120.6 May 2025 monthly Dec 2000 - May 2025
Saudi Arabia (USD mn) 1,089,275.7 Jan 2026 monthly Jan 1993 - Jan 2026
Serbia (USD mn) 43,282.8 Jan 2026 monthly Dec 2003 - Jan 2026
Singapore (USD mn) 990,400.1 Jan 2026 monthly Mar 2004 - Jan 2026
Slovakia (USD mn) 125,411.0 May 2025 monthly Jan 2006 - May 2025
Slovenia (USD mn) 5,443.9 May 2025 monthly Jan 2004 - May 2025
South Africa (USD mn) 383,458.2 Jan 2026 monthly Mar 1965 - Jan 2026
Spain (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Sri Lanka (USD mn) 61,628.3 Jan 2026 monthly Jan 1996 - Jan 2026
Sudan (USD mn) 5,482.7 Mar 2022 quarterly Mar 2002 - Mar 2022
Sweden (USD mn) 1,053,060.9 May 2025 monthly Dec 2001 - May 2025
Switzerland (USD mn) 1,878,339.1 Jan 2026 monthly Dec 1987 - Jan 2026

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.6 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -3,320.820 2025 yearly 2003 - 2025
Tax Revenue (USD mn) 734.410 Dec 2025 monthly Jan 1995 - Dec 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) 734,410.208 Dec 2025 monthly Jan 1995 - Dec 2025
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 505,192.192 Dec 2025 monthly Jan 1995 - Dec 2025
Central Government Revenue: Current Revenue (PAB th) 3,463,911.077 Dec 2025 monthly Jan 1995 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,221.9 Dec 2025 monthly Jan 1964 - Dec 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) -5.5 Dec 2025 monthly Jan 2001 - Dec 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) 1,296.6 Dec 2025 monthly Jan 2000 - Dec 2025
Total Imports Growth (%) 13.3 Dec 2025 monthly Jan 2001 - Dec 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) 16.318 Nov 2025 monthly Jan 1970 - Nov 2025
Total Imports from USA (USD mn) 197.970 Nov 2025 monthly Jan 1967 - Nov 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 154.594 Nov 2025 monthly Mar 1989 - Nov 2025
Exports: FOB: Prawn (PAB th) 12,175.903 Dec 2025 monthly Jan 2000 - Dec 2025
Exports: FOB: Seafood Products (PAB th) 7,910.534 Dec 2025 monthly Jan 2002 - Dec 2025
Exports: FOB: Banana (PAB th) 2,306.126 Dec 2025 monthly Jan 2000 - Dec 2025
Exports: FOB (PAB th) 74,680.511 Dec 2025 monthly Jan 2000 - Dec 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: 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
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Export Value Index (2015=100) 115.979 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) -3.036 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -75,811.580 Sep 2025 quarterly Mar 2002 - Sep 2025
BoP: Net Errors and Omissions (PAB mn) -1,228.288 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Debit (PAB mn) -1,502.052 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: Credit (PAB mn) 4,179.957 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 (PAB mn) 0.374 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: Goods: Debit (PAB mn) -7,296.453 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services (PAB mn) 4,132.275 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Debit (PAB mn) 0.000 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: Financing: Reserve Assets (PAB mn) 466.385 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Credit (PAB mn) 1,103.205 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Direct Investment (PAB mn) 548.322 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income (PAB mn) -1,457.621 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financial Account (FA) (PAB mn) 1,301.970 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
International Investment Position (IIP) (USD mn) -75,811.580 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Assets (USD mn) 117,266.585 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Liabilities (USD mn) 193,078.165 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 (%) 1.4 Dec 2025 monthly Dec 2008 - Dec 2025
Household Debt: % of GDP (%) 37.7 Sep 2025 quarterly Dec 2007 - Sep 2025
Non-Performing Loans (USD mn) 1,418.886 Dec 2025 monthly Dec 2008 - Dec 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) 4.4 Dec 2025 monthly Jan 2000 - Dec 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 116,809.521 Dec 2025 monthly Dec 1998 - Dec 2025
Total Deposits Growth (%) 5.7 Dec 2025 monthly Dec 1999 - Dec 2025
Domestic Credit (USD mn) 64,199.0 Dec 2025 monthly Dec 2001 - Dec 2025
Domestic Credit Growth (%) 1.0 Dec 2025 monthly Dec 2002 - Dec 2025
Household Debt (USD mn) 34,175.2 Dec 2025 monthly Oct 2005 - Dec 2025
Total Loans (USD mn) 102,154.627 Dec 2025 monthly Dec 1998 - Dec 2025
Total Loans Growth (%) 4.86 Dec 2025 monthly Dec 1999 - Dec 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) 21,583.345 Dec 2025 monthly Dec 2002 - Dec 2025

More Indicators for Panama

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