Panama Foreign Exchange Reserves

1969 - 2025 | Monthly | USD mn | CEIC Data

Key information about Panama Foreign Exchange Reserves

  • Panama Foreign Exchange Reserves was measured at 5.6 USD bn in Dec 2025, compared with 5.4 USD bn in the previous month
  • Panama Foreign Exchange Reserves: USD mn data is updated monthly, available from Oct 1969 to Dec 2025
  • The data reached an all-time high of 10.4 USD bn in Jan 2021 and a record low of 7.5 USD mn in Jul 1970

The International Monetary Fund provides monthly Foreign Exchange Reserves in USD.


Further information about Panama Foreign Exchange Reserves
  • In the latest reports, Panama Foreign Exchange Reserves equaled 5.2 Months of Import in Nov 2025.
  • Its Money Supply M2 increased 45.6 USD bn YoY in Sep 2025.
  • Panama Domestic Credit reached 65.0 USD bn in Nov 2025, representing an increased of 1.2 % YoY.
  • The country's Non Performing Loans Ratio stood at 1.6 % in Nov 2025, compared with the ratio of 1.5 % in the previous month.
  • Household Debt of Panama reached 37.7 % in Sep 2025, accounting for 37.7 % of the country's Nominal GDP.

View Panama's Foreign Exchange Reserves from Oct 1969 to Dec 2025 in the chart:

Panama Foreign Exchange Reserves

What was Panama's Foreign Exchange Reserves in Dec 2025?

Panama Foreign Exchange Reserves was measured at 5.6 USD bn in Dec 2025, compared with 5.4 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
5,644.2 Dec 2025 5,397.9 Nov 2025 7.5 Jul 1970 10,362.7 Jan 2021 USD mn monthly Oct 1969 - Dec 2025

Foreign Exchange Reserves by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 7,438.4 Oct 2025 monthly Dec 1993 - Oct 2025
Algeria (USD mn) 47,056.4 Oct 2025 monthly Jan 1968 - Oct 2025
Argentina (USD mn) 31,956.7 Dec 2025 monthly Dec 1956 - Dec 2025
Armenia (USD mn) 5,167.6 Jan 2026 monthly Dec 1993 - Jan 2026
Australia (USD mn) 40,911.7 Jan 2026 monthly Jul 1969 - Jan 2026
Austria (USD mn) 4,883.5 Jan 2026 monthly Jan 1957 - Jan 2026
Azerbaijan (USD mn) 13,314.4 Nov 2025 monthly Dec 1992 - Nov 2025
Bahrain (USD mn) 4,269.0 Jul 2025 monthly Oct 1965 - Jul 2025
Bangladesh (USD mn) 23,101.5 Oct 2025 monthly Dec 1972 - Oct 2025
Belarus (USD mn) 5,641.4 Jan 2026 monthly Dec 2002 - Jan 2026
Belgium (USD mn) 6,500.0 Dec 2025 monthly Jan 1999 - Dec 2025
Bolivia (USD mn) 504.8 Dec 2025 monthly Jan 1999 - Dec 2025
Bosnia and Herzegovina (USD mn) 10,504.1 Jan 2026 monthly Aug 1997 - Jan 2026
Botswana (USD mn) 5,165.9 Apr 2021 monthly Jan 1992 - Apr 2021
Brazil (USD mn) 312,250.9 Jan 2026 monthly Nov 2000 - Jan 2026
Brunei (USD mn) 3,321.9 Dec 2024 monthly Dec 1999 - Dec 2024
Bulgaria (USD mn) 2,465.9 Jan 2026 monthly Sep 2003 - Jan 2026
Cambodia (USD mn) 19,495.9 Dec 2025 monthly Dec 1993 - Dec 2025
Canada (USD mn) 98,880.0 Jan 2026 monthly Jun 1999 - Jan 2026
Chile (USD mn) 45,673.0 Jan 2026 monthly Jan 1982 - Jan 2026
China (USD mn) 3,399,078.0 Jan 2026 monthly Jan 1989 - Jan 2026
Colombia (USD mn) 60,994.9 Dec 2025 monthly Dec 1956 - Dec 2025
Croatia (USD mn) 28,293.0 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (USD mn) 294.4 Jan 2026 monthly Jan 2002 - Jan 2026
Czech Republic (USD mn) 163,390.9 Jan 2026 monthly Mar 2000 - Jan 2026
Denmark (USD mn) 89,126.3 Dec 2025 monthly Jan 2002 - Dec 2025
Ecuador (USD mn) 6,945.7 Jan 2026 monthly Dec 1956 - Jan 2026
Egypt (USD mn) 28,697.4 Jan 2026 monthly Dec 2004 - Jan 2026
Estonia (USD mn) 1,940.9 Jan 2026 monthly Jan 2001 - Jan 2026
European Union (USD mn) 334,042.9 Dec 2025 monthly Dec 1999 - Dec 2025
Finland (USD mn) 10,605.8 Dec 2025 monthly Jan 2000 - Dec 2025
France (USD mn) 33,386.9 Dec 2025 monthly Feb 2004 - Dec 2025
Georgia (USD mn) 4,674.3 Jan 2026 monthly Oct 1995 - Jan 2026
Germany (USD mn) 37,291.6 Jan 2026 monthly Jan 1957 - Jan 2026
Ghana (USD mn) 5,361.8 Oct 2025 monthly Jan 1965 - Oct 2025
Greece (USD mn) 4,219.2 Jan 2026 monthly Jan 2004 - Jan 2026
Hong Kong SAR, China (USD mn) 427,645.0 Dec 2025 monthly Apr 2000 - Dec 2025
Hungary (USD mn) 41,010.3 Dec 2025 monthly Jan 1998 - Dec 2025
Iceland (USD mn) 6,769.4 Dec 2025 monthly Oct 2000 - Dec 2025
India (USD mn) 552,897.0 Dec 2025 monthly Apr 1989 - Dec 2025
Indonesia (USD mn) 131,360.2 Jan 2026 monthly Apr 2000 - Jan 2026
Ireland (USD mn) 4,831.9 Jan 2026 monthly Jan 1999 - Jan 2026
Israel (USD mn) 228,327.9 Jan 2026 monthly Dec 2001 - Jan 2026
Italy (USD mn) 54,950.3 Jan 2026 monthly Dec 1999 - Jan 2026
Ivory Coast (USD mn) 6.8 Mar 2025 monthly Jul 1962 - Mar 2025
Japan (USD mn) 1,186,456.0 Jan 2026 monthly Apr 2000 - Jan 2026
Jordan (USD mn) 16,257.4 Dec 2025 monthly Jan 1958 - Dec 2025
Kazakhstan (USD mn) 15,868.1 Dec 2025 monthly Dec 2002 - Dec 2025
Kenya (USD mn) 11,383.6 Sep 2025 monthly Dec 2000 - Sep 2025
South Korea (USD mn) 402,997.4 Dec 2025 monthly Dec 1956 - Dec 2025
Kosovo (USD mn) 1,325.5 Dec 2025 monthly Dec 2000 - Dec 2025
Kuwait (USD mn) 35,573.1 Nov 2025 monthly Jan 1964 - Nov 2025
Kyrgyzstan (USD mn) 2,031.8 Jan 2026 monthly Jul 1995 - Jan 2026
Laos (USD mn) 2,642.9 Jun 2025 monthly Dec 1988 - Jun 2025
Latvia (USD mn) 4,500.8 Nov 2025 monthly Jan 1997 - Nov 2025
Lebanon (USD mn) 11,325.8 Jun 2025 monthly Jan 2024 - Jun 2025
Lithuania (USD mn) 5,712.0 Jan 2026 monthly Jun 1993 - Jan 2026
Luxembourg (USD mn) 58.6 Jan 2026 monthly Jan 1999 - Jan 2026
Macau SAR, China (USD mn) 30,639.4 Dec 2025 monthly Jun 1984 - Dec 2025
North Macedonia (USD mn) 4,827.0 Dec 2025 monthly Dec 1993 - Dec 2025
Malawi (USD mn) 413.8 Oct 2021 monthly Jun 1965 - Oct 2021
Malaysia (USD mn) 113,800.0 Jan 2026 monthly Apr 2000 - Jan 2026
Malta (USD mn) 1,070.7 Jan 2026 monthly Jan 1960 - Jan 2026
Mauritius (USD mn) 7,524.4 Oct 2025 monthly Mar 1960 - Oct 2025
Mexico (USD mn) 219,500.0 Dec 2025 monthly Jan 2000 - Dec 2025
Moldova (USD mn) 5,098.5 Jan 2026 monthly Jan 2000 - Jan 2026
Mongolia (USD mn) 5,330.6 Jan 2026 monthly Dec 1992 - Jan 2026
Montenegro (USD mn) 2,081.3 Dec 2025 monthly Dec 2002 - Dec 2025
Morocco (USD mn) 44,070.5 Jan 2026 monthly Dec 2001 - Jan 2026
Mozambique (USD mn) 4,052.8 Nov 2025 monthly Mar 1984 - Nov 2025
Myanmar (USD mn) 8,473.8 Mar 2024 quarterly Dec 1950 - Mar 2024
Nepal (USD mn) 19,985.3 Jan 2026 monthly Jan 2002 - Jan 2026
Netherlands (USD mn) 12,062.1 Jan 2026 monthly Sep 1999 - Jan 2026
New Zealand (USD mn) 24,635.4 Dec 2025 monthly Sep 2005 - Dec 2025
Nigeria (USD mn) 42,772.1 Sep 2025 monthly Jan 1960 - Sep 2025
Norway (USD mn) 79,833.2 Jan 2026 monthly Jan 1999 - Jan 2026
Oman (USD mn) 16,503.3 Oct 2025 monthly Apr 1970 - Oct 2025
Pakistan (USD mn) 20,742.2 Dec 2025 monthly Jan 1959 - Dec 2025
Palestinian Territory (USD mn) 613.5 Nov 2025 monthly Jan 2006 - Nov 2025
Panama (USD mn) 5,644.2 Dec 2025 monthly Oct 1969 - Dec 2025
Paraguay (USD mn) 8,783.9 Jan 2026 monthly Dec 1956 - Jan 2026
Peru (USD mn) 81,778.0 Dec 2025 monthly Dec 1956 - Dec 2025
Philippines (USD mn) 87,173.8 Jan 2026 monthly Jan 1960 - Jan 2026
Poland (USD mn) 197,750.7 Jan 2026 monthly Jan 1998 - Jan 2026
Portugal (USD mn) 10,505.3 Dec 2025 monthly Dec 1999 - Dec 2025
Qatar (USD mn) 35,985.9 Jan 2026 monthly Dec 1966 - Jan 2026
Romania (USD mn) 74,448.6 Jan 2026 monthly Apr 2005 - Jan 2026
Russia (USD mn) 401,252.0 Jan 2026 monthly Dec 1994 - Jan 2026
Saudi Arabia (USD mn) 434,881.9 Dec 2025 monthly Jan 2001 - Dec 2025
Serbia (USD mn) 26,758.6 Dec 2025 monthly Jan 2004 - Dec 2025
Singapore (USD mn) 404,668.8 Jan 2026 monthly Apr 2000 - Jan 2026
Slovakia (USD mn) 11,677.5 Jan 2026 monthly Dec 1999 - Jan 2026
Slovenia (USD mn) 1,604.5 Jan 2026 monthly Jan 1994 - Jan 2026
South Africa (USD mn) 51,306.0 Dec 2025 monthly Jan 2001 - Dec 2025
Spain (USD mn) 67,941.2 Jan 2026 monthly Jan 1987 - Jan 2026
Sri Lanka (USD mn) 6,679.6 Jan 2026 monthly Dec 1956 - Jan 2026
Sudan (USD mn) 0.0 Dec 2017 monthly Jul 1960 - Dec 2017
Sweden (USD mn) 46,226.0 Dec 2025 monthly Mar 2000 - Dec 2025
Switzerland (USD mn) 914,657.7 Dec 2025 monthly Jun 1999 - Dec 2025
Syria (USD mn) 16,221.1 Jun 2011 monthly Dec 1950 - Jun 2011

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.6 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -3,320.820 2025 yearly 2003 - 2025
Tax Revenue (USD mn) 443.232 Nov 2025 monthly Jan 1995 - Nov 2025
Tax Revenue: % of GDP (%) 6.6 Sep 2025 quarterly Mar 2007 - Sep 2025
National Government Debt (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Central Government Revenue: Current Revenue: Tax (PAB th) 443,231.781 Nov 2025 monthly Jan 1995 - Nov 2025
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 219,865.927 Nov 2025 monthly Jan 1995 - Nov 2025
Central Government Revenue: Current Revenue (PAB th) 574,666.447 Nov 2025 monthly Jan 1995 - Nov 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -972.5 Nov 2025 monthly Jan 1964 - Nov 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) 1.3 Nov 2025 monthly Jan 2001 - Nov 2025
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,042.9 Nov 2025 monthly Jan 2000 - Nov 2025
Total Imports Growth (%) -2.0 Nov 2025 monthly Jan 2001 - Nov 2025
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 12.518 Oct 2025 monthly Jan 1970 - Oct 2025
Total Imports from USA (USD mn) 217.715 Oct 2025 monthly Jan 1967 - Oct 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 170.014 Oct 2025 monthly Mar 1989 - Oct 2025
Exports: FOB: Prawn (PAB th) 12,896.144 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Banana (PAB th) 2,293.212 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Seafood Products (PAB th) 4,864.801 Nov 2025 monthly Jan 2002 - Nov 2025
Exports: FOB (PAB th) 70,409.644 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 128.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Current Account Balance (USD mn) -502.9 Sep 2025 quarterly Mar 1998 - Sep 2025
Current Account Balance: % of GDP (%) -2.3 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Direct Investment (USD mn) 676.4 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Direct Investment: % of GDP (%) 3.1 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.0 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
External Debt (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
External Debt: % of GDP (%) 169.8 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.036 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -75,811.580 Sep 2025 quarterly Mar 2002 - Sep 2025
BoP: Net Errors and Omissions (PAB mn) -1,228.288 Sep 2025 quarterly Mar 2013 - Sep 2025
Balance of Payment (BoP): Current Account (CA) (PAB mn) -502.946 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Credit (PAB mn) 4,179.957 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods (PAB mn) -3,116.496 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Debit (PAB mn) -7,296.453 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services (PAB mn) 4,132.275 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Credit (PAB mn) 5,634.327 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Debit (PAB mn) -1,502.052 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income (PAB mn) -1,457.621 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Credit (PAB mn) 1,103.205 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Debit (PAB mn) -2,560.827 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Credit (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financing: Reserve Assets (PAB mn) 466.385 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Direct Investment (PAB mn) 548.322 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Assets (PAB mn) -2,194.910 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financial Account (FA) (PAB mn) 1,301.970 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
International Investment Position (IIP) (USD mn) -75,811.580 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Liabilities (USD mn) 193,078.165 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Assets (USD mn) 117,266.585 Sep 2025 quarterly Mar 2015 - Sep 2025
Foreign Direct Investment (FDI) (PAB mn) 676.356 Sep 2025 quarterly Mar 2013 - Sep 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Nov 2025 monthly Dec 2008 - Nov 2025
Household Debt: % of GDP (%) 37.7 Sep 2025 quarterly Dec 2007 - Sep 2025
Non-Performing Loans (USD mn) 1,598.833 Nov 2025 monthly Dec 2008 - Nov 2025
Money Supply M1 (USD mn) 9,066.270 Nov 2025 monthly Dec 2002 - Nov 2025
Money Supply M2 (USD mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
M2 Growth (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Foreign Exchange Reserves (USD mn) 5,644.2 Dec 2025 monthly Oct 1969 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 4.178 Sep 2025 quarterly Dec 2007 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 5.2 Nov 2025 monthly Jan 2000 - Nov 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 115,131.706 Nov 2025 monthly Dec 1998 - Nov 2025
Total Deposits Growth (%) 7.2 Nov 2025 monthly Dec 1999 - Nov 2025
Domestic Credit (USD mn) 64,958.0 Nov 2025 monthly Dec 2001 - Nov 2025
Domestic Credit Growth (%) 1.2 Nov 2025 monthly Dec 2002 - Nov 2025
Household Debt (USD mn) 33,969.4 Nov 2025 monthly Oct 2005 - Nov 2025
Total Loans (USD mn) 102,722.968 Nov 2025 monthly Dec 1998 - Nov 2025
Total Loans Growth (%) 5.67 Nov 2025 monthly Dec 1999 - Nov 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,458.796 Nov 2025 monthly Dec 2002 - Nov 2025

More Indicators for Panama

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