Broad money to total reserves ratio in Panama

Panama: Broad money to total reserves ratio was 8.09 in 2008. ▼ Falling

Latest (2008)
8.09
Change on year
down 8.5%
World rank
20th
of 158 countries
All-time high
29.72
in 1987
All-time low
5.96
in 1997
Years of data
49
1960–2008

Broad money to total reserves ratio in Panama, 1960–2008

51015202530196019842008

Source: International Financial Statistics database, International Monetary Fund (IMF).

Analysis

Panama recorded 8.09 for broad money to total reserves ratio in 2008.

Compared with earlier readings it is down 8.5% on the previous year and down 2.3% over ten years.

Over the whole period, broad money to total reserves ratio in Panama peaked at 29.72 in 1987 and was at its lowest, 5.96, in 1997.

Panama ranks 20th of 158 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 49 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 18.51 9.46 26.85 10
1970s 11.9 6.35 18.76 10
1980s 17.06 9.73 29.72 10
1990s 7.36 5.96 10.42 10
2000s 10.7 8.09 17.61 9

Countries ranked near Panama

  1. 17 Iran 9.07 compare
  2. 18 Djibouti 8.46 compare
  3. 19 Ecuador 8.26 compare
  4. 21 Japan 7.98 compare
  5. 22 Bangladesh 7.65 compare
  6. 23 Bahrain 7.53 compare

See the full ranking of 158 places →

More financial sector data for Panama

All data for Panama →

Frequently asked questions

What is broad money to total reserves ratio in Panama?
Broad money to total reserves ratio in Panama was 8.09 in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest broad money to total reserves ratio recorded in Panama?
The highest recorded value was 29.72 in 1987.
What is the lowest broad money to total reserves ratio recorded in Panama?
The lowest recorded value was 5.96 in 1997.
How does Panama rank for broad money to total reserves ratio?
Panama ranks 20th out of 158 countries with data for 2008.
Is broad money to total reserves ratio rising or falling in Panama?
Over the last ten years it is down 2.3%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.

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CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Broad money to total reserves ratio
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 7,871 data points, 1960–2025
Last refreshed

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).