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.
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
- Arms imports 2.00 million SIPRI trend indicator values (1989)
- Tax revenue 7.2% (2024)
- Taxes on income, profits and capital gains 29.1% (2024)
- Taxes on goods and services 32.6% (2024)
- Net investment in nonfinancial assets 2.1% (2024)
- Net lending (+) / net borrowing (-) -8.2% (2024)
- Interest payments 28.9% (2024)
- Grants and other revenue 33.3% (2024)
- Interest payments 13.4% (2021)
- Other taxes 1.6% (2024)
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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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.