Bank assets as a share of GDP reached 218 % in 2020 in Panama, according to the National Central Bank. This is 35.1 % more than in the previous year.
Historically, bank assets as a share of GDP in Panama reached an all time high of 218 % in 2020 and an all time low of % in. When compared to Panama's main peers, bank assets as a share of GDP in Colombia amounted to 85.0 %, 101 % in Costa Rica, 103 % in Honduras and 57.3 % in Nicaragua in 2020.
Panama has been ranked 4th within the group of 53 countries we follow in terms of bank assets as a share of GDP, 22 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.