Expenditure, General government, Percent of GDP (Percent GDP) in Panama
Panama: Expenditure, General government, Percent of GDP (Percent GDP) was 21.11 in 2030. ▼ Falling
Expenditure, General government, Percent of GDP in Panama, 1995–2030
Source: International Monetary Fund.
Analysis
The most recent figure for expenditure, general government, percent of gdp in Panama is 21.11, measured in 2030.
The figure is down 1.4% on the previous year and down 23.3% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Panama peaked at 27.54 in 2020 and was at its lowest, 20.64, in 2019.
That places Panama 145th out of 195 countries with data for 2030, putting it in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Expenditure, General government, Percent of GDP (Percent GDP) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 25.92 | — |
| 1996 | 21.45 | -17.2% |
| 1997 | 22.16 | +3.3% |
| 1998 | 23.43 | +5.7% |
| 1999 | 23.01 | -1.8% |
| 2000 | 22.78 | -1.0% |
| 2001 | 23.43 | +2.8% |
| 2002 | 23.47 | +0.2% |
| 2003 | 24.21 | +3.2% |
| 2004 | 23.3 | -3.8% |
| 2005 | 22.35 | -4.1% |
| 2006 | 21.89 | -2.1% |
| 2007 | 21.81 | -0.4% |
| 2008 | 22.71 | +4.1% |
| 2009 | 22.69 | -0.1% |
| 2010 | 24.2 | +6.7% |
| 2011 | 23.54 | -2.7% |
| 2012 | 22.82 | -3.1% |
| 2013 | 23.43 | +2.7% |
| 2014 | 22.97 | -2.0% |
| 2015 | 21.38 | -6.9% |
| 2016 | 21.29 | -0.4% |
| 2017 | 21.22 | -0.3% |
| 2018 | 21.83 | +2.9% |
| 2019 | 20.64 | -5.5% |
| 2020 | 27.54 | +33.5% |
| 2021 | 23.78 | -13.7% |
| 2022 | 21.35 | -10.2% |
| 2023 | 21.38 | +0.2% |
| 2024 | 23.15 | +8.2% |
| 2025 | 21.66 | -6.4% |
| 2026 | 21.47 | -0.9% |
| 2027 | 21.32 | -0.7% |
| 2028 | 21.35 | +0.1% |
| 2029 | 21.42 | +0.3% |
| 2030 | 21.11 | -1.4% |
Panama compared with similar countries
- Panama's 21.11 is below the median for high income countries, which is 39.25, 54% of the median. (66 countries reporting)
- Panama's 21.11 is below the median for Latin America & Caribbean, which is 26.79, 79% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Expenditure, General government, Percent of GDP (Percent GDP) in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +33.5% | 20.64 | 27.54 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.19 | 21.45 | 25.92 | 5 |
| 2000s | 22.86 | 21.81 | 24.21 | 10 |
| 2010s | 22.33 | 20.64 | 24.2 | 10 |
| 2020s | 22.44 | 21.32 | 27.54 | 10 |
| 2030s | 21.11 | 21.11 | 21.11 | 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 expenditure, general government, percent of gdp in Panama?
- Expenditure, general government, percent of gdp in Panama was 21.11 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Panama?
- The highest recorded value was 27.54 in 2020.
- What is the lowest expenditure, general government, percent of gdp recorded in Panama?
- The lowest recorded value was 20.64 in 2019.
- How does Panama rank for expenditure, general government, percent of gdp?
- Panama ranks 145th out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Panama?
- Over the last ten years it is down 23.3%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October