Deposit interest rate — all countries

Deposit interest rate — Panama

Deposit interest rate in Panama in 2006 — 2.8%. Ranked 117 in the world out of 139. Since 1986, the indicator has fallen by 3.7 pp.

2006 2.8% +0.11 pp vs 2005
World rank 117of 139
Period maximum 8.49%1989
Period minimum 2.23%2004

Trend over time

1986–2006 · % per annum

Deposit interest rate — Panama, 1986–200602.557.510198619881990199219941996199820002002200420061986: 6.5%1987: 6.59%1988: 7.54%1989: 8.49%1990: 8.4%1991: 7.73%1992: 5.67%1993: 5.9%1994: 6.11%1995: 7.18%1996: 7.2%1997: 7.03%1998: 6.76%1999: 6.92%2000: 7.07%2001: 6.83%2002: 4.97%2003: 3.98%2004: 2.23%2005: 2.7%2006: 2.8%
Change over the period: −3.7 pp Annual average: -0.19 pp
Deposit interest rate — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2006 2.8 +0.11 pp
2005 2.7 +0.46 pp
2004 2.23 −1.74 pp
2003 3.98 −0.99 pp
2002 4.97 −1.86 pp
2001 6.83 −0.24 pp
2000 7.07 +0.15 pp
1999 6.92 +0.16 pp
1998 6.76 −0.27 pp
1997 7.03 −0.17 pp
1996 7.2 +0.02 pp
1995 7.18 +1.06 pp
1994 6.11 +0.22 pp
1993 5.9 +0.23 pp
1992 5.67 −2.06 pp
1991 7.73 −0.67 pp
1990 8.4 −0.09 pp
1989 8.49 +0.95 pp
1988 7.54 +0.95 pp
1987 6.59 +0.09 pp
1986 6.5

Central America, 2006

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.