Panama international reserves
Total reserves
$5.1B
Data for September 2026
1-month change
+19.4%
12-month change
+18.0%
High since 2000
$10.7B
January 2022
Monthly history (IMF)
$5.1 billion
September 2026+476.0% vs January 2000
Gross reserves in US dollars with gold at market value. Source: IMF, International Liquidity.
Composition
What the central bank holds its reserves in, as of September 2026.
- Foreign exchange$4.5B · 88.4%
- SDRs$518M · 10.2%
- IMF reserve position$74M · 1.5%
Gold
Panama does not report gold holdings.
In context
Reserves per person
US$ 1,116
Reserves as % of GDP (2025)
5.6%
Months of imports covered
1.8
Usual benchmark: under 3 months is considered low.