Expense in Panama
Panama: Expense was 11.55 billion current LCU in 2021. ▲ Rising
Expense in Panama, 2014–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Panama is 11.55 billion current LCU, measured in 2021. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 74.0% over ten years.
That places Panama 132nd out of 157 countries with data for 2021, putting it in the bottom quarter.
Expense in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 6.64 billion current LCU | — |
| 2015 | 7.81 billion current LCU | +17.6% |
| 2016 | 8.18 billion current LCU | +4.8% |
| 2017 | 8.97 billion current LCU | +9.6% |
| 2018 | 9.15 billion current LCU | +2.0% |
| 2019 | 10.49 billion current LCU | +14.7% |
| 2020 | 10.99 billion current LCU | +4.8% |
| 2021 | 11.55 billion current LCU | +5.1% |
Panama compared with similar countries
- Panama's 11.55 billion current LCU is below the median for high income countries, which is 134.42 billion current LCU, 9% of the median. (57 countries reporting)
- Panama's 11.55 billion current LCU is below the median for Latin America & Caribbean, which is 110.36 billion current LCU, 10% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.54 billion current LCU | 6.64 billion current LCU | 10.49 billion current LCU | 6 |
| 2020s | 11.27 billion current LCU | 10.99 billion current LCU | 11.55 billion current LCU | 2 |
Countries ranked near Panama
More public sector data for Panama
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Panama?
- Expense in Panama was 11.55 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Panama?
- The highest recorded value was 11.55 billion current LCU in 2021.
- What is the lowest expense recorded in Panama?
- The lowest recorded value was 6.64 billion current LCU in 2014.
- How does Panama rank for expense?
- Panama ranks 132nd out of 157 countries with data for 2021.
- Is expense rising or falling in Panama?
- Over the last ten years it is up 74.0%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.