Cyclically adjusted balance, General government, Percent of potential in Panama
Panama: Cyclically adjusted balance, General government, Percent of potential was -1.5 in 2030. ◆ Volatile
Latest (2030)
-1.5
Change on year
up 24.7%
World rank
28th
of 88 countries
All-time high
2.4
in 2007
All-time low
-7.33
in 2024
Years of data
36
1995–2030
Cyclically adjusted balance, General government, Percent of potential in Panama, 1995–2030
Source: International Monetary Fund.
Analysis
The most recent figure for cyclically adjusted balance, general government, percent of potential in Panama is -1.5, measured in 2030.
Compared with earlier readings it is up 24.7% on the previous year and up 72.0% over ten years.
Over the whole period, cyclically adjusted balance, general government, percent of potential in Panama peaked at 2.4 in 2007 and was at its lowest, -7.33, in 2024.
That places Panama 28th out of 88 countries with data for 2030, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted balance, General government, Percent of potential in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 2.03 | — |
| 1996 | 1.84 | -9.0% |
| 1997 | -1.31 | -171.3% |
| 1998 | -3.5 | +166.3% |
| 1999 | -1.21 | -65.4% |
| 2000 | 1.62 | -233.8% |
| 2001 | -0.2524 | -115.6% |
| 2002 | -0.4997 | +98.0% |
| 2003 | -1.7 | +239.5% |
| 2004 | -4.09 | +141.3% |
| 2005 | -1.97 | -51.8% |
| 2006 | 0.664 | -133.7% |
| 2007 | 2.4 | +261.2% |
| 2008 | -0.9269 | -138.6% |
| 2009 | -0.5987 | -35.4% |
| 2010 | -0.9091 | +51.8% |
| 2011 | -1.94 | +113.2% |
| 2012 | -1.69 | -13.0% |
| 2013 | -2.74 | +62.6% |
| 2014 | -3.39 | +23.8% |
| 2015 | -2.64 | -22.3% |
| 2016 | -2.25 | -14.6% |
| 2017 | -2.51 | +11.2% |
| 2018 | -3.34 | +33.5% |
| 2019 | -3.13 | -6.5% |
| 2020 | -5.36 | +71.4% |
| 2021 | -4.97 | -7.3% |
| 2022 | -3.76 | -24.3% |
| 2023 | -4.35 | +15.5% |
| 2024 | -7.33 | +68.6% |
| 2025 | -3.77 | -48.5% |
| 2026 | -3.49 | -7.6% |
| 2027 | -2.99 | -14.3% |
| 2028 | -2.49 | -16.6% |
| 2029 | -1.99 | -20.1% |
| 2030 | -1.5 | -24.7% |
Panama compared with similar countries
- Panama's -1.5 is above the median for high income countries, which is -2.33, 64% of the median. (48 countries reporting)
- Panama's -1.5 is above the median for Latin America & Caribbean, which is -1.57, 96% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.431 | -3.5 | 2.03 | 5 |
| 2000s | -0.5357 | -4.09 | 2.4 | 10 |
| 2010s | -2.45 | -3.39 | -0.9091 | 10 |
| 2020s | -4.05 | -7.33 | -1.99 | 10 |
| 2030s | -1.5 | -1.5 | -1.5 | 1 |
Countries ranked near Panama
More public sector data for Panama
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 2.00 million SIPRI trend indicator values (1989)
- Arms imports (SIPRI trend indicator values), per capita 0.832 SIPRI trend indicator values per person (1989)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (1989)
- Arms imports (SIPRI trend indicator values), annual growth rate -91.3 % change on previous year (1989)
Frequently asked questions
- What is cyclically adjusted balance, general government, percent of potential in Panama?
- Cyclically adjusted balance, general government, percent of potential in Panama was -1.5 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted balance, general government, percent of potential recorded in Panama?
- The highest recorded value was 2.4 in 2007.
- What is the lowest cyclically adjusted balance, general government, percent of potential recorded in Panama?
- The lowest recorded value was -7.33 in 2024.
- How does Panama rank for cyclically adjusted balance, general government, percent of potential?
- Panama ranks 28th out of 88 countries with data for 2030.
- Is cyclically adjusted balance, general government, percent of potential rising or falling in Panama?
- Over the last ten years it is up 72.0%. 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 Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October