Liabilities, International Liquidity, Liabilities to Nonresidents in Panama

Panama: Liabilities, International Liquidity, Liabilities to Nonresidents was 0.5475 units per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.5475 units per US$ of GDP
Change on year
down 1.4%
World rank
9th
of 170 countries
All-time high
0.7137 units per US$ of GDP
in 2002
All-time low
0.4852 units per US$ of GDP
in 2019
Years of data
24
2002–2025

Liabilities, International Liquidity, Liabilities to Nonresidents in Panama, 2002–2025

00.20.40.60.82002201320252002: 0.714 units per US$ of GDP2003: 0.607 units per US$ of GDP2004: 0.642 units per US$ of GDP2005: 0.631 units per US$ of GDP2006: 0.636 units per US$ of GDP2007: 0.647 units per US$ of GDP2008: 0.686 units per US$ of GDP2009: 0.597 units per US$ of GDP2010: 0.577 units per US$ of GDP2011: 0.605 units per US$ of GDP2012: 0.578 units per US$ of GDP2013: 0.513 units per US$ of GDP2014: 0.6 units per US$ of GDP2015: 0.635 units per US$ of GDP2016: 0.592 units per US$ of GDP2017: 0.509 units per US$ of GDP2018: 0.523 units per US$ of GDP2019: 0.485 units per US$ of GDP2020: 0.578 units per US$ of GDP2021: 0.524 units per US$ of GDP2022: 0.529 units per US$ of GDP2023: 0.524 units per US$ of GDP2024: 0.555 units per US$ of GDP2025: 0.548 units per US$ of GDP

Source: Statizoid (derived). Measured in units per US$ of GDP.

Analysis

The most recent figure for liabilities, international liquidity, liabilities to nonresidents in Panama is 0.5475 units per US$ of GDP, measured in 2025.

The figure is down 1.4% on the previous year and down 13.7% over ten years.

Over the whole period, liabilities, international liquidity, liabilities to nonresidents in Panama peaked at 0.7137 units per US$ of GDP in 2002 and was at its lowest, 0.4852 units per US$ of GDP, in 2019.

That places Panama 9th out of 170 countries with data for 2025, putting it in the top 10%.

The long-run direction has been consistently falling across the 24 years of available data.

Liabilities, International Liquidity, Liabilities to Nonresidents in Panama, year by year

Annual values for Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar), per unit of GDP in Panama, 2002 to 2025.
Year units per US$ of GDP Change
2002 0.7137 units per US$ of GDP
2003 0.6072 units per US$ of GDP -14.9%
2004 0.6419 units per US$ of GDP +5.7%
2005 0.6314 units per US$ of GDP -1.6%
2006 0.6355 units per US$ of GDP +0.7%
2007 0.6475 units per US$ of GDP +1.9%
2008 0.6857 units per US$ of GDP +5.9%
2009 0.5967 units per US$ of GDP -13.0%
2010 0.5765 units per US$ of GDP -3.4%
2011 0.6051 units per US$ of GDP +5.0%
2012 0.5781 units per US$ of GDP -4.5%
2013 0.5126 units per US$ of GDP -11.3%
2014 0.6005 units per US$ of GDP +17.1%
2015 0.6346 units per US$ of GDP +5.7%
2016 0.5921 units per US$ of GDP -6.7%
2017 0.509 units per US$ of GDP -14.0%
2018 0.5225 units per US$ of GDP +2.7%
2019 0.4852 units per US$ of GDP -7.1%
2020 0.5781 units per US$ of GDP +19.1%
2021 0.5238 units per US$ of GDP -9.4%
2022 0.5288 units per US$ of GDP +1.0%
2023 0.5236 units per US$ of GDP -1.0%
2024 0.5553 units per US$ of GDP +6.1%
2025 0.5475 units per US$ of GDP -1.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.6449 units per US$ of GDP 0.5967 units per US$ of GDP 0.7137 units per US$ of GDP 8
2010s 0.5616 units per US$ of GDP 0.4852 units per US$ of GDP 0.6346 units per US$ of GDP 10
2020s 0.5428 units per US$ of GDP 0.5236 units per US$ of GDP 0.5781 units per US$ of GDP 6

Countries ranked near Panama

  1. 6 Qatar 1.02 units per US$ of GDP compare
  2. 7 Andorra 0.7869 units per US$ of GDP compare
  3. 8 Norway 0.7299 units per US$ of GDP compare
  4. 10 France 0.5151 units per US$ of GDP compare
  5. 11 Sweden 0.5114 units per US$ of GDP compare
  6. 12 United Arab Emirates 0.4776 units per US$ of GDP compare

See the full ranking of 170 places →

More external debt data for Panama

All data for Panama →

Frequently asked questions

What is liabilities, international liquidity, liabilities to nonresidents in Panama?
Liabilities, international liquidity, liabilities to nonresidents in Panama was 0.5475 units per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest liabilities, international liquidity, liabilities to nonresidents recorded in Panama?
The highest recorded value was 0.7137 units per US$ of GDP in 2002.
What is the lowest liabilities, international liquidity, liabilities to nonresidents recorded in Panama?
The lowest recorded value was 0.4852 units per US$ of GDP in 2019.
How does Panama rank for liabilities, international liquidity, liabilities to nonresidents?
Panama ranks 9th out of 170 countries with data for 2025.
Is liabilities, international liquidity, liabilities to nonresidents rising or falling in Panama?
Over the last ten years it is down 13.7%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar), per unit of GDP. Statizoid updates them automatically from the source API.

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Liabilities, International Liquidity, Liabilities to Nonresidents in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://debt.statizoid.com/stat/liabilities-international-liquidity-liabilities-to-nonresidents-odcs-us-dollar-per-unit/panama/

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How this figure is calculated

Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar), per unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 3,760 data points, 2001–2025
Last refreshed

Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.