The benchmark interest rate in Panama was last recorded at 1.36 percent. Interest Rate in Panama averaged 1.61 percent from 2002 until 2018, reaching an all time high of 5.47 percent in August of 2006 and a record low of 0.18 percent in February of 2015.

Interest Rate in Panama is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Panama to stand at 1.10 in 12 months time. In the long-term, the Panama Interest Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.

Panama Interest Rate
Forecast Data Chart
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Panama Money Last Previous Highest Lowest Unit
Deposit Interest Rate 2.16 2.12 8.49 2.12 percent [+]

Panama Interest Rate

Panama does not have a Central Bank, therefore there is no official benchmark interest rate. The benchmark interest rate refers to money market rate. This page provides - Panama Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Interest Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.36 1.35 5.47 0.18 2002 - 2018 percent Monthly

Country Last Previous
Argentina 68.02 Oct/19
Turkey 16.50 Sep/19
Mexico 7.75 Sep/19
Russia 7.00 Sep/19
South Africa 6.50 Sep/19
Brazil 5.50 Sep/19
Indonesia 5.25 Sep/19
India 5.15 Oct/19
China 4.20 Oct/19
Saudi Arabia 2.50 Sep/19
United States 2.00 Sep/19
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Australia 0.75 Oct/19
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Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
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Spain 0.00 Sep/19
Japan -0.10 Sep/19
Switzerland -0.75 Sep/19