PANAMA (US$ million, unless otherwise indicated) 1990
1995
2000
2005
2006
2007
2008
2009
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
6,492 3,841 3,841 0 272 2,378 978
6,098 3,781 3,781 0 111 2,207 1,608
6,567 6,476 5,696 780 90 1 1
9,253 9,229 7,487 1,742 24 0 0
10,392 10,377 8,683 1,694 15 0 0
10,241 10,236 9,175 1,061 5 0 0
10,721 10,721 9,610 1,111 0 0 0
12,418 12,418 11,282 1,136 0 0 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1,981 3,841 0 4
1,996 3,781 0 116
1 5,696 780 478
0 7,487 1,742 1,265
0 8,683 1,694 2,699
0 9,175 1,061 350
0 9,610 1,111 827
0 11,282 1,136 1,732
External debt flows Disbursements Long-term external debt IMF purchases
6 6 0
112 99 13
724 724 0
1,595 1,595 0
3,029 3,029 0
679 679 0
704 704 0
1,890 1,890 0
Principal repayments Long-term external debt IMF repurchases
121 51 70
172 133 39
462 410 52
1,412 1,403 10
2,226 2,216 10
181 171 10
916 910 5
190 190 0
Net flows Long-term external debt Short-term external debt
-115 -44 0
-925 -34 -866
262 314 0
182 192 0
804 814 0
498 509 0
-211 -206 0
1,700 1,700 0
Interest payments Long-term external debt IMF charges Short-term external debt
223 90 16 117
144 101 7 36
424 418 7 0
655 653 1 0
835 834 1 0
730 730 1 0
765 765 0 0
791 791 0 0
136 -1
223 0
624 0
918 0
2,557 0
1,777 0
2,402 0
1,773 0
1. Summary external debt data
2. Other non-debt resource inflows Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 9.8 0.7 0.1 62.2
.. 10.4 0.4 0.1 70.8
.. 1.8 0.1 0.0 91.9
0.0 0.9 0.0 0.0 96.5
0.0 0.7 0.0 0.0 97.4
0.0 0.6 0.0 0.0 97.9
0.0 0.7 0.0 0.0 98.1
0.0 0.8 0.0 0.0 98.4
5.0 8.3 4.8
6.9 21.2 4.6
5.8 22.8 4.6
4.7 19.9 5.1
5.7 17.9 4.0
3.3 21.6 5.8
4.3 20.3 4.7
1.6 21.4 3.5
0.0 0.0 0.0
3.3 14.7 3.1
10.4 19.0 19.0
7.3 22.2 22.2
4.0 21.4 21.4
0.0 0.0 0.0
1.2 11.1 7.8
5.5 10.4 9.9
5,051 5,577 110 5,588 196 209 344
7,542 9,254 112 9,878 396 -471 781
11,007 9,408 16 10,258 562 -673 723
14,340 11,661 130 12,925 1,048 -1,022 1,211
15,859 13,879 157 14,579 1,197 -448 1,335
18,483 16,156 180 17,816 1,521 -1,407 1,935
21,605 18,041 196 20,956 1,747 -2,677 2,424
23,661 17,847 175 18,061 1,397 -4 3,028
116.4 128.5 6.2 36.6 15.5 5.3 0.7
65.9 80.9 3.4 36.2 10.0 12.8 0.9
69.8 59.7 9.4 0.0 15.5 11.0 0.8
79.3 64.5 17.7 .. 12.0 13.1 1.1
74.9 65.5 22.1 .. 11.2 12.8 1.1
63.4 55.4 5.6 .. 12.0 18.9 1.3
59.4 49.6 9.3 .. 12.5 22.6 1.4
69.6 52.5 5.5 .. 13.1 24.4 2.0
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
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