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Interest Rate on Bank Deposits (Local Currency) in Panama

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.76% in 2021 in Panama, according to the National Central Bank. This is 13.8% less than in the previous year.

Historically, interest rate on bank deposits in Panama reached an all time high of 8.49% in 1989 and an all time low of 1.72% in 2016.

Panama has been ranked 56th within the group of 96 countries we follow in terms of interest rate on bank deposits.

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