Lending interest rate — all countries

Lending interest rate — Panama

Lending interest rate in Panama in 2022 — 6.91%. Ranked 28 in the world out of 97. Since 1996, the indicator has fallen by 4.08 pp.

2022 6.91% −0.03 pp vs 2021
World rank 28of 97
Period maximum 11.19%1998
Period minimum 6.5%2015

Trend over time

1996–2022 · % per annum

Lending interest rate — Panama, 1996–202268101219961999200220052008201120142017202020221996: 10.99%1997: 10.99%1998: 11.19%1999: 10.39%2000: 10.48%2001: 10.97%2002: 10.58%2003: 9.93%2004: 8.82%2005: 8.67%2006: 8.68%2007: 8.79%2008: 7.91%2009: 7.63%2010: 7.31%2011: 7.52%2012: 7.72%2013: 7.4%2014: 6.94%2015: 6.5%2016: 6.6%2017: 6.77%2018: 6.88%2019: 7.09%2020: 7.01%2021: 6.94%2022: 6.91%
Change over the period: −4.08 pp Annual average: -0.16 pp
Lending interest rate — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2022 6.91 −0.03 pp
2021 6.94 −0.07 pp
2020 7.01 −0.08 pp
2019 7.09 +0.21 pp
2018 6.88 +0.12 pp
2017 6.77 +0.17 pp
2016 6.6 +0.1 pp
2015 6.5 −0.44 pp
2014 6.94 −0.47 pp
2013 7.4 −0.32 pp
2012 7.72 +0.21 pp
2011 7.52 +0.21 pp
2010 7.31 −0.32 pp
2009 7.63 −0.28 pp
2008 7.91 −0.89 pp
2007 8.79 +0.11 pp
2006 8.68 +0.02 pp
2005 8.67 −0.16 pp
2004 8.82 −1.1 pp
2003 9.93 −0.66 pp
2002 10.58 −0.39 pp
2001 10.97 +0.49 pp
2000 10.48 +0.09 pp
1999 10.39 −0.79 pp
1998 11.19 +0.19 pp
1997 10.99 +0 pp
1996 10.99

Central America, 2022

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

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

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