Liquid Liabilities to GDP for Panama
DDDI05PAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.53
Year-over-Year Change
7.20%
Date Range
1/1/1960 - 1/1/2020
Summary
The 'Liquid Liabilities to GDP for Panama' trend measures the size of a country's financial system relative to its economic output. It is a key indicator of financial development and the role of the banking sector in an economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Liquid liabilities, also known as 'broad money', include the total value of currency and deposits in an economy. This metric provides insight into the overall depth and accessibility of financial services, which is important for economic growth and stability.
Methodology
The data is collected and calculated by the World Bank based on national accounts and monetary survey information.
Historical Context
Policymakers and analysts use this indicator to assess the financial health and development of the Panamanian economy.
Key Facts
- Liquid liabilities to GDP ratio in Panama was 85.9% in 2020.
- Panama has one of the largest financial sectors in Central America.
- The banking industry accounts for over 100% of Panama's GDP.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP for Panama' trend measures the size of Panama's financial system relative to its overall economic output.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the depth and accessibility of financial services in the Panamanian economy, which is important for economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and monetary survey information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the financial health and development of the Panamanian economy.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may not capture some informal financial activities.
Related Trends
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Panama
IDSGAMNIAOPA
Value of Exports to Panama from Puerto Rico
PRPANA052SCEN
Inflation, consumer prices for Panama
FPCPITOTLZGPAN
Outstanding Total International Debt Securities to GDP for Panama
DDDM07PAA156NWDB
Number of Identified Exporters to Panama from Massachusetts
MAPANA475SCEN
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Panama
PANFCAKNUM
Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Panama (DDDI05PAA156NWDB), retrieved from FRED.