Total Credit — Value Standard Local Currency in Panama
Panama: Total Credit — Value Standard Local Currency was 60,281 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Panama, 2002–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total credit — value standard local currency in Panama is 60,281 million SLC, measured in 2024.
Compared with earlier readings it is down 0.5% on the previous year and up 61.4% over ten years.
Over the whole period, total credit — value standard local currency in Panama peaked at 60,604 million SLC in 2023 and was at its lowest, 9,914 million SLC, in 2002.
That places Panama 114th out of 165 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Panama, year by year
| Year | million SLC | Change |
|---|---|---|
| 2002 | 9,914 million SLC | — |
| 2003 | 10,099 million SLC | +1.9% |
| 2004 | 11,026 million SLC | +9.2% |
| 2005 | 12,717 million SLC | +15.3% |
| 2006 | 14,634 million SLC | +15.1% |
| 2007 | 17,079 million SLC | +16.7% |
| 2008 | 20,747 million SLC | +21.5% |
| 2009 | 20,989 million SLC | +1.2% |
| 2010 | 23,166 million SLC | +10.4% |
| 2011 | 26,684 million SLC | +15.2% |
| 2012 | 30,286 million SLC | +13.5% |
| 2013 | 33,494 million SLC | +10.6% |
| 2014 | 37,351 million SLC | +11.5% |
| 2015 | 41,456 million SLC | +11.0% |
| 2016 | 44,760 million SLC | +8.0% |
| 2017 | 47,687 million SLC | +6.5% |
| 2018 | 50,007 million SLC | +4.9% |
| 2019 | 51,237 million SLC | +2.5% |
| 2020 | 49,419 million SLC | -3.5% |
| 2021 | 52,412 million SLC | +6.1% |
| 2022 | 55,753 million SLC | +6.4% |
| 2023 | 60,604 million SLC | +8.7% |
| 2024 | 60,281 million SLC | -0.5% |
Panama compared with similar countries
- Panama's 60,281 million SLC is below the median for high income countries, which is 263,838 million SLC, 23% of the median. (52 countries reporting)
- Panama's 60,281 million SLC is below the median for Latin America & Caribbean, which is 156,387 million SLC, 39% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14,650 million SLC | 9,914 million SLC | 20,989 million SLC | 8 |
| 2010s | 38,613 million SLC | 23,166 million SLC | 51,237 million SLC | 10 |
| 2020s | 55,694 million SLC | 49,419 million SLC | 60,604 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)
- Share of GDP from agriculture 2.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 2.6% (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 in Panama?
- Total credit — value standard local currency in Panama was 60,281 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Panama?
- The highest recorded value was 60,604 million SLC in 2023.
- What is the lowest total credit — value standard local currency recorded in Panama?
- The lowest recorded value was 9,914 million SLC in 2002.
- How does Panama rank for total credit — value standard local currency?
- Panama ranks 114th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Panama?
- Over the last ten years it is up 61.4%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.