Panama Domestic Credit

2001 - 2025 | Monthly | USD mn | CEIC Data

Key information about Panama Domestic Credit

  • Panama Domestic Credit reached 65.1 USD bn in Oct 2025, compared with a reported figure of 64.6 USD bn in the previous month
  • Panama Domestic Credit data is updated monthly
  • It is available from Dec 2001 to Oct 2025 and averaged 37.4 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 1.6 % YoY in Oct 2025
  • Money Supply M2 in Panama increased to 45.3 USD bn YoY in Aug 2025
  • Panama Foreign Exchange Reserves was measured at 5.0 USD bn in Oct 2025
  • The Foreign Exchange Reserves equaled 3.1 Months of Import in Sep 2025
  • The country's Non Performing Loans Ratio stood at 1.5 % in Oct 2025, compared with the ratio of 1.5 % in the previous month
  • Household Debt of Panama reached 37.7 % in Jun 2025, accounting for 37.7 % of the country's Nominal GDP

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

Panama Domestic Credit

What was Panama's Domestic Credit in Oct 2025?

Panama Domestic Credit reached 65.1 USD bn in Oct 2025, compared with a reported figure of 64.6 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
65,123.3 Oct 2025 64,609.7 Sep 2025 11,207.0 Mar 2002 65,123.3 Oct 2025 USD mn monthly Dec 2001 - Oct 2025

Domestic Credit by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 16,871.3 Oct 2025 monthly Dec 2002 - Oct 2025
Algeria (USD mn) 201,126.0 Jul 2025 monthly Dec 2001 - Jul 2025
Argentina (USD mn) 206,063.2 Sep 2025 monthly Jan 1990 - Sep 2025
Armenia (USD mn) 23,470.6 Sep 2025 monthly Dec 1993 - Sep 2025
Australia (USD mn) 3,870,676.4 Oct 2025 monthly Dec 2001 - Oct 2025
Austria (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Azerbaijan (USD mn) 21,720.6 Oct 2025 monthly Dec 2001 - Oct 2025
Bahrain (USD mn) 60,131.0 Oct 2025 monthly Sep 1991 - Oct 2025
Bangladesh (USD mn) 190,571.1 Sep 2025 monthly Jul 1987 - Sep 2025
Belarus (USD mn) 30,063.7 Oct 2025 monthly Dec 2006 - Oct 2025
Belgium (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Bolivia (USD mn) 57,317.7 Aug 2025 monthly Dec 2001 - Aug 2025
Bosnia and Herzegovina (USD mn) 16,872.2 Sep 2025 monthly Aug 1997 - Sep 2025
Botswana (USD mn) 8,802.1 Sep 2025 monthly Dec 2004 - Sep 2025
Brazil (USD mn) 3,000,499.1 Oct 2025 monthly Dec 2001 - Oct 2025
Brunei (USD mn) 4,995.3 Dec 2024 monthly Jan 1999 - Dec 2024
Bulgaria (USD mn) 73,803.2 Oct 2025 monthly Dec 1993 - Oct 2025
Cambodia (USD mn) 55,423.4 Oct 2025 monthly Dec 1994 - Oct 2025
Canada (USD mn) 4,851,790.8 Sep 2025 monthly Jan 1969 - Sep 2025
Chile (USD mn) 297,283.6 Oct 2025 monthly Dec 1978 - Oct 2025
China (USD mn) 53,332,751.1 Nov 2025 monthly Jun 1999 - Nov 2025
Colombia (USD mn) 208,887.9 Jul 2024 monthly Jan 1993 - Jul 2024
Croatia (USD mn) 73,807.2 Oct 2025 monthly Jun 1994 - Oct 2025
Cyprus (USD mn) 23,996.4 Oct 2025 monthly Nov 2005 - Oct 2025
Czech Republic (USD mn) 267,952.5 Oct 2025 monthly Jan 2002 - Oct 2025
Denmark (USD mn) 750,006.4 May 2025 monthly Dec 2001 - May 2025
Ecuador (USD mn) 81,642.9 Oct 2025 monthly Jan 2006 - Oct 2025
Egypt (USD mn) 331,012.0 Sep 2025 monthly Jan 1996 - Sep 2025
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) 26,579.1 Oct 2025 monthly Oct 1995 - Oct 2025
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) 1,071,353.3 Sep 2025 monthly Dec 1990 - Sep 2025
Hungary (USD mn) 137,973.7 Oct 2025 monthly Jan 1998 - Oct 2025
Iceland (USD mn) 34,139.7 Feb 2025 monthly Sep 1993 - Feb 2025
India (USD mn) 3,320,514.9 Sep 2025 monthly Mar 1999 - Sep 2025
Indonesia (USD mn) 567,734.5 Oct 2025 monthly Jan 2004 - Oct 2025
Iran (USD mn) 276,897.2 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) 36,715.2 Aug 2025 monthly Jan 1964 - Aug 2025
Japan (USD mn) 11,915,979.9 Oct 2025 monthly Apr 2003 - Oct 2025
Jordan (USD mn) 67,482.6 Dec 2023 monthly Jan 2002 - Dec 2023
Kazakhstan (USD mn) 106,380.1 Nov 2025 monthly Dec 2001 - Nov 2025
Kenya (USD mn) 52,325.8 Jul 2025 monthly Dec 1995 - Jul 2025
South Korea (USD mn) 3,558,325.6 Oct 2025 monthly Dec 2001 - Oct 2025
Kosovo (USD mn) 6,863.0 Oct 2025 monthly Dec 2000 - Oct 2025
Kuwait (USD mn) 155,599.5 Nov 2025 monthly Jan 1994 - Nov 2025
Kyrgyzstan (USD mn) 5,797.5 Nov 2025 monthly Dec 2002 - Nov 2025
Laos (USD mn) 11,888.1 Sep 2025 quarterly Dec 1991 - Sep 2025
Latvia (USD mn) 0.0 May 2025 monthly Jul 2003 - May 2025
Lebanon (USD mn) 105,909.1 Jan 2018 monthly Mar 1965 - Jan 2018
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) 24,002.4 Oct 2025 monthly Jun 1984 - Oct 2025
North Macedonia (USD mn) 11,904.4 Oct 2025 monthly Jan 2003 - Oct 2025
Malawi (USD mn) 6,110.2 Oct 2025 monthly Jan 1975 - Oct 2025
Malaysia (USD mn) 699,002.6 Oct 2025 monthly Jan 1987 - Oct 2025
Malta (USD mn) 25,719.1 Oct 2025 monthly Jan 2008 - Oct 2025
Mauritius (USD mn) 22,815.4 Oct 2025 monthly Jun 2005 - Oct 2025
Mexico (USD mn) 854,541.1 Oct 2025 monthly Dec 2001 - Oct 2025
Moldova (USD mn) 6,657.3 Oct 2025 monthly Jan 2000 - Oct 2025
Mongolia (USD mn) 11,918.7 Oct 2025 monthly Dec 1991 - Oct 2025
Montenegro (USD mn) 4,697.7 Oct 2025 monthly Jan 2005 - Oct 2025
Morocco (USD mn) 196,267.1 Oct 2025 monthly Dec 2001 - Oct 2025
Mozambique (USD mn) 8,919.1 Aug 2025 monthly Dec 2001 - Aug 2025
Myanmar (USD mn) 45,836.4 Jan 2021 monthly Apr 2012 - Jan 2021
Nepal (USD mn) 48,749.9 Nov 2025 monthly Jan 2001 - Nov 2025
Netherlands (USD mn) 0.0 May 2025 monthly Dec 2001 - May 2025
New Zealand (USD mn) 362,880.3 Oct 2025 monthly Mar 1988 - Oct 2025
Nigeria (USD mn) 69,798.2 Oct 2025 monthly Apr 1990 - Oct 2025
Norway (USD mn) 766,897.2 Oct 2025 monthly Dec 1985 - Oct 2025
Oman (USD mn) 76,972.4 Oct 2025 monthly Dec 1999 - Oct 2025
Pakistan (USD mn) 179,313.9 Oct 2025 monthly Jun 2008 - Oct 2025
Palestinian Territory (USD mn) 12,874.7 Sep 2025 monthly Dec 1998 - Sep 2025
Panama (USD mn) 65,123.3 Oct 2025 monthly Dec 2001 - Oct 2025
Paraguay (USD mn) 27,209.3 Oct 2025 monthly Dec 2001 - Oct 2025
Peru (USD mn) 67,977.3 Sep 2025 monthly Jan 1992 - Sep 2025
Philippines (USD mn) 365,706.8 Oct 2025 monthly Dec 2001 - Oct 2025
Poland (USD mn) 582,357.7 Oct 2025 monthly Dec 1996 - Oct 2025
Portugal (USD mn) 391,872.9 Oct 2025 monthly Dec 1979 - Oct 2025
Qatar (USD mn) 421,779.4 Oct 2025 monthly Jan 2007 - Oct 2025
Romania (USD mn) 160,640.3 Oct 2025 monthly Dec 2004 - Oct 2025
Russia (USD mn) 1,836,120.6 May 2025 monthly Dec 2000 - May 2025
Saudi Arabia (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Serbia (USD mn) 39,814.2 Oct 2025 monthly Dec 2003 - Oct 2025
Singapore (USD mn) 942,631.6 Oct 2025 monthly Mar 2004 - Oct 2025
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) 350,831.7 Oct 2025 monthly Mar 1965 - Oct 2025
Spain (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Sri Lanka (USD mn) 60,882.3 Oct 2025 monthly Jan 1996 - Oct 2025
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) 1,795,552.7 Oct 2025 monthly Dec 1987 - 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) 460.252 Oct 2025 monthly Jan 1995 - Oct 2025
Tax Revenue: % of GDP (%) 6.6 Sep 2025 quarterly Mar 2007 - Sep 2025
National Government Debt (USD mn) 58,832.7 Oct 2025 monthly Jul 2004 - Oct 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 (PAB th) 567,877.450 Oct 2025 monthly Jan 1995 - Oct 2025
Central Government Revenue: Current Revenue: Tax (PAB th) 460,252.161 Oct 2025 monthly Jan 1995 - Oct 2025
Public Debt: Domestic (USD mn) 10,843.916 Nov 2025 monthly Jul 2004 - Nov 2025
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 487,361.403 Dec 2024 monthly Jan 1995 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,324.4 Oct 2025 monthly Jan 1964 - Oct 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) -10.6 Oct 2025 monthly Jan 2001 - Oct 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) 1,404.5 Oct 2025 monthly Jan 2000 - Oct 2025
Total Imports Growth (%) 2.0 Sep 2025 monthly Jan 2001 - Sep 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) 35.282 Aug 2025 monthly Jan 1970 - Aug 2025
Total Imports from USA (USD mn) 211.345 Aug 2025 monthly Jan 1967 - Aug 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 165.039 Aug 2025 monthly Mar 1989 - Aug 2025
Exports: FOB (PAB th) 80,133.426 Oct 2025 monthly Jan 2000 - Oct 2025
Exports: FOB: Prawn (PAB th) 11,096.530 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Banana (PAB th) 19,938.525 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Seafood Products (PAB th) 7,601.984 Dec 2024 monthly Jan 2002 - Dec 2024
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) -1,419.8 Jun 2025 quarterly Mar 2013 - Jun 2025
Current Account Balance (USD mn) 522.5 Jun 2025 quarterly Mar 1998 - Jun 2025
Current Account Balance: % of GDP (%) 2.6 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Direct Investment (USD mn) -887.1 Jun 2025 quarterly Mar 1998 - Jun 2025
Foreign Direct Investment: % of GDP (%) -4.4 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment (USD mn) 434.124 Jun 2025 quarterly Mar 2013 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.2 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2025 quarterly Mar 2013 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 434.124 Jun 2025 quarterly Mar 2013 - Jun 2025
External Debt (USD mn) 48,132.1 Oct 2025 monthly Jul 2004 - Oct 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) -76,500.694 Jun 2025 quarterly Mar 2002 - Jun 2025
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Credit (PAB mn) 1,000.008 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Net Errors and Omissions (PAB mn) -2,237.755 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financial Account (FA) (PAB mn) 1,446.866 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 824.140 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Direct Investment (PAB mn) 674.772 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Debit (PAB mn) -5,833.509 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Credit (PAB mn) 4,331.072 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 Sep 2024 quarterly Mar 2013 - Sep 2024
International Investment Position (IIP) (USD mn) -78,418.321 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 Sep 2024 quarterly Mar 2015 - Sep 2024
Foreign Direct Investment (FDI) (PAB mn) 726.814 Sep 2024 quarterly Mar 2013 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Oct 2025 monthly Dec 2008 - Oct 2025
Household Debt: % of GDP (%) 37.7 Sep 2025 quarterly Dec 2007 - Sep 2025
Non-Performing Loans (USD mn) 1,501.738 Oct 2025 monthly Dec 2008 - Oct 2025
Money Supply M1 (USD mn) 9,045.180 Sep 2025 monthly Dec 2002 - Sep 2025
Money Supply M2 (USD mn) 45,621.300 Sep 2025 monthly Dec 2002 - Sep 2025
M2 Growth (%) 9.7 Sep 2025 monthly Dec 2003 - Sep 2025
Foreign Exchange Reserves (USD mn) 4,972.0 Oct 2025 monthly Oct 1969 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 4.178 Sep 2025 quarterly Dec 2007 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 3.5 Oct 2025 monthly Jan 2000 - Oct 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 115,289.651 Oct 2025 monthly Dec 1998 - Oct 2025
Total Deposits Growth (%) 5.9 Oct 2025 monthly Dec 1999 - Oct 2025
Domestic Credit (USD mn) 65,123.3 Oct 2025 monthly Dec 2001 - Oct 2025
Domestic Credit Growth (%) 1.6 Oct 2025 monthly Dec 2002 - Oct 2025
Household Debt (USD mn) 33,838.9 Oct 2025 monthly Oct 2005 - Oct 2025
Total Loans (USD mn) 102,246.063 Oct 2025 monthly Dec 1998 - Oct 2025
Total Loans Growth (%) 5.29 Oct 2025 monthly Dec 1999 - Oct 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 45,621.300 Sep 2025 monthly Dec 2002 - Sep 2025
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,436.337 Oct 2025 monthly Dec 2002 - Oct 2025

More Indicators for Panama

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