Panama



Panama: Statistical Data At-A-Glance
IndicatorDataYearSource
Total population3.93 million2015WDI
Urban population (% of total)66.59% of total2015WDI
GDP, current prices (U.S. dollars)52,132 USD (millions)2015WEO
GDP based on PPP per capita GDP (Current international dollar)21,764.65 USD 2015WEO
Inflation, end of period consumer prices (Percent change).29%2015WEO
Average bank deposit rate2.14%2015IFS
Lending rate7.46%2015IFS
Owner-occupied units76.51% of total2010INEC
Total amount of home mortgage loans outstanding at the end of year in millions of USD:11,403.87 USD (millions)2015SBP
Total amount of home mortgage loans outstanding at the end of year as % of GDP (current)21.87%2015SBP
Typical LTV at origination902013IMF
Typical pmt-to-income ratio (HH income)10%2013INEC
Retail funding (deposits/other)primary2015Inter-American Development Bank
Funding through securitization of mortgagessecondary2015Inter-American Development Bank
Typical number of days needed for the transfer of title22.52015Doing Business