Total Credit — Value Standard Local Currency, 2015 prices in Panama
Panama: Total Credit — Value Standard Local Currency, 2015 prices was 53,376 million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency, 2015 prices in Panama, 2002–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency, 2015 prices in Panama stood at 53,376 million SLC.
The figure is down 2.7% on the previous year and up 39.4% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Panama peaked at 54,842 million SLC in 2023 and was at its lowest, 17,228 million SLC, in 2002.
That places Panama 108th out of 165 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Total Credit — Value Standard Local Currency, 2015 prices in Panama, year by year
| Year | million SLC | Change |
|---|---|---|
| 2002 | 17,228 million SLC | — |
| 2003 | 17,353 million SLC | +0.7% |
| 2004 | 18,582 million SLC | +7.1% |
| 2005 | 21,062 million SLC | +13.3% |
| 2006 | 23,737 million SLC | +12.7% |
| 2007 | 25,396 million SLC | +7.0% |
| 2008 | 28,691 million SLC | +13.0% |
| 2009 | 27,262 million SLC | -5.0% |
| 2010 | 29,330 million SLC | +7.6% |
| 2011 | 31,919 million SLC | +8.8% |
| 2012 | 34,120 million SLC | +6.9% |
| 2013 | 35,766 million SLC | +4.8% |
| 2014 | 38,276 million SLC | +7.0% |
| 2015 | 41,456 million SLC | +8.3% |
| 2016 | 43,881 million SLC | +5.9% |
| 2017 | 45,956 million SLC | +4.7% |
| 2018 | 47,870 million SLC | +4.2% |
| 2019 | 48,893 million SLC | +2.1% |
| 2020 | 47,420 million SLC | -3.0% |
| 2021 | 49,337 million SLC | +4.0% |
| 2022 | 51,227 million SLC | +3.8% |
| 2023 | 54,842 million SLC | +7.1% |
| 2024 | 53,376 million SLC | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,414 million SLC | 17,228 million SLC | 28,691 million SLC | 8 |
| 2010s | 39,747 million SLC | 29,330 million SLC | 48,893 million SLC | 10 |
| 2020s | 51,240 million SLC | 47,420 million SLC | 54,842 million SLC | 5 |
Countries ranked near Panama
More agriculture & rural data for Panama
- Agriculture, forestry, and fishing, value added (current US$), annual 2.06 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0262 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 518.14 current US$ per person (2025)
- Rural population, annual growth rate 0.7724 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3385 units per person (2025)
- Agriculture share gdp 2.62 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 2.62 (2025)
- Agricultural raw materials exports 4.7% (2024)
- Agricultural raw materials imports 0.4% (2024)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Panama?
- Total credit — value standard local currency, 2015 prices in Panama was 53,376 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency, 2015 prices recorded in Panama?
- The highest recorded value was 54,842 million SLC in 2023.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Panama?
- The lowest recorded value was 17,228 million SLC in 2002.
- How does Panama rank for total credit — value standard local currency, 2015 prices?
- Panama ranks 108th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Panama?
- Over the last ten years it is up 39.4%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.