Panama: Reserves

* indicates monthly or quarterly data series
 Panama

Foreign exchange reserves including gold, billion USD

 Latest value 6.88
 Year 2022
 Measure billion U.S. dollars
 Data availability 1960 - 2022
 Average 1.25
 Min - Max 0 - 9.61
 Source The World Bank
For that indicator, we provide data for Panama from 1960 to 2022. The average value for Panama during that period was 1.25 billion U.S. dollars with a minimum of 0 billion U.S. dollars in 1961 and a maximum of 9.61 billion U.S. dollars in 2020. The latest value from 2022 is 6.88 billion U.S. dollars. For comparison, the world average in 2022 based on 145 countries is 96.00 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Panama - Reserves - recent values

Historical chart
Panama - Reserves - historical chart - 1960-2022




The reserves of Panama and other countries include their holdings of foreign currencies and gold. These are the reserves of the central bank and the treasury of the country, not the private sector.

When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.
Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.


 Related indicators Latest value Reference Measure
 Terms of trade 106.47 2021 percent
 Trade openness 87.43 2017 percent
 Exports, percent of GDP 41.80 2017 percent
 Exports, billion dollars 26.00 2017 billion U.S. dollars
 Imports, percent of GDP 45.62 2017 percent
 Imports, billion dollars 28.38 2017 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.45 2022 percent
 Foreign Direct Investment, billion dollars 2.64 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2021 million dollars (current)
 Current account, percent of GDP -3.92 2022 percent
 Current account, in dollars -3.00 2022 billion U.S. dollars
 Trade balance, percent of GDP -3.82 2017 percent
 Trade balance, in dollars 0.45 2022 billion U.S. dollars
 Reserves 6.88 2022 billion U.S. dollars
 Remittances, percent of GDP 0.68 2022 percent
 Remittances 512.71 2021 million U.S. dollars
 Net errors and omissions -3,999.20 2022 million USD
 External debt 197.41 2020 percent
 Short-term external debt 32.77 2020 percent
 Short-term debt to reserves 371.04 2020 percent
This site uses cookies.
Learn more here


OK