Liabilities, Liabilities to Nonresidents (OFCS) in Panama

Panama: Liabilities, Liabilities to Nonresidents (OFCS) was 16.09 billion in 2025. ◆ Volatile

Latest (2025)
16.09 billion
Change on year
up 26.0%
World rank
25th
of 65 countries
All-time high
17.51 billion
in 2015
All-time low
48.30 million
in 2010
Years of data
16
2010–2025

Liabilities, Liabilities to Nonresidents (OFCS) in Panama, 2010–2025

05.0B10.0B15.0B20.0B2010201720252010: 48.3M2011: 57.6M2012: 113.2M2013: 127.7M2014: 126.4M2015: 17.5B2016: 17.0B2017: 15.5B2018: 14.0B2019: 13.8B2020: 11.4B2021: 12.0B2022: 12.5B2023: 13.3B2024: 12.8B2025: 16.1B

Source: International Monetary Fund.

Analysis

In 2025, liabilities, liabilities to nonresidents (ofcs) in Panama stood at 16.09 billion.

Compared with earlier readings it is up 26.0% on the previous year and down 8.1% over ten years.

Over the whole period, liabilities, liabilities to nonresidents (ofcs) in Panama peaked at 17.51 billion in 2015 and was at its lowest, 48.30 million, in 2010.

That places Panama 25th out of 65 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Liabilities, Liabilities to Nonresidents (OFCS) in Panama, year by year

Annual values for Liabilities, Liabilities to Nonresidents (OFCS) (Domestic currency) in Panama, 2010 to 2025.
Year Value Change
2010 48.30 million
2011 57.62 million +19.3%
2012 113.24 million +96.5%
2013 127.74 million +12.8%
2014 126.41 million -1.0%
2015 17.51 billion +13754.3%
2016 17.04 billion -2.7%
2017 15.52 billion -9.0%
2018 13.98 billion -9.9%
2019 13.76 billion -1.6%
2020 11.39 billion -17.2%
2021 12.01 billion +5.4%
2022 12.47 billion +3.9%
2023 13.31 billion +6.7%
2024 12.77 billion -4.1%
2025 16.09 billion +26.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.83 billion 48.30 million 17.51 billion 10
2020s 13.01 billion 11.39 billion 16.09 billion 6

Countries ranked near Panama

  1. 22 Burundi 24.24 billion compare
  2. 23 Ukraine 19.76 billion compare
  3. 24 Morocco 18.19 billion compare
  4. 26 North Macedonia 15.95 billion compare
  5. 27 Guyana 14.15 billion compare
  6. 28 Dominican Republic 12.78 billion compare

See the full ranking of 65 places →

More external debt data for Panama

All data for Panama →

Frequently asked questions

What is liabilities, liabilities to nonresidents (ofcs) in Panama?
Liabilities, liabilities to nonresidents (ofcs) in Panama was 16.09 billion in 2025, according to International Monetary Fund.
What is the highest liabilities, liabilities to nonresidents (ofcs) recorded in Panama?
The highest recorded value was 17.51 billion in 2015.
What is the lowest liabilities, liabilities to nonresidents (ofcs) recorded in Panama?
The lowest recorded value was 48.30 million in 2010.
How does Panama rank for liabilities, liabilities to nonresidents (ofcs)?
Panama ranks 25th out of 65 countries with data for 2025.
Is liabilities, liabilities to nonresidents (ofcs) rising or falling in Panama?
Over the last ten years it is down 8.1%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from International Monetary Fund, published as part of Liabilities, Liabilities to Nonresidents (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.

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Liabilities, Liabilities to Nonresidents (OFCS) in Panama. Statizoid, drawing on International Monetary Fund. Retrieved 28 August 2026, from https://debt.statizoid.com/stat/liabilities-liabilities-to-nonresidents-ofcs-domestic-currency/panama/

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About this data

Indicator
Liabilities, Liabilities to Nonresidents (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
65 places, 1,127 data points, 2001–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.