Panama: Financial markets development

* indicates monthly or quarterly data series
 Panama

Financial markets development

 Latest value 0.397
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.236
 Min - Max 0.101 - 0.398
 Source International Monetary Fund
The latest value from 2021 is 0.397 index points, a decline from 0.398 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Panama from 1980 to 2021 is 0.236 index points. The minimum value, 0.101 index points, was reached in 1993 while the maximum of 0.398 index points was recorded in 2020. 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 data
Panama - Financial markets development - Recent values chart

Historical series
Panama - Financial markets development - historical chart - 1980-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Financial development 0.465 2021 index points
 Financial institutions development 0.515 2021 index points
 Financial institutions development, depth 0.243 2021 index points
 Financial institutions development, access 0.548 2021 index points
 Financial institutions development, efficiency 0.641 2021 index points
 Financial markets development 0.397 2021 index points
 Financial markets development, depth 0.385 2021 index points
 Financial markets development, access 0.771 2021 index points
 Financial markets development, efficiency 0.019 2021 index points
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