Bank assets as a share of GDP reached 172 % in 2017 in Panama, according to the National Central Bank. This is 6.29 % less than in the previous year.
Historically, bank assets as a share of GDP in Panama reached an all time high of 202 % in 2010 and an all time low of 11.0 % in 1961. When compared to Panama's main peers, bank assets as a share of GDP in Colombia amounted to 71.4 %, 91.6 % in Costa Rica, 95.2 % in Honduras and 60.4 % in Nicaragua in 2017.
Panama has been ranked 25th within the group of 113 countries we follow in terms of bank assets as a share of GDP, 29 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.