Interest payments (% of expense) in Panama
Panama: Interest payments (% of expense) was 13.4% in 2021. ▬ Flat
Interest payments in Panama, 2014–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Panama recorded 13.4% for interest payments in 2021.
Compared with earlier readings it is up 3.8% on the previous year and down 3.8% over ten years.
Panama ranks 35th of 152 countries on this measure, in the top quarter.
Interest payments (% of expense) in Panama, year by year
| Year | % of expense | Change |
|---|---|---|
| 2014 | 13.9% | — |
| 2015 | 12.8% | -8.0% |
| 2016 | 12.6% | -1.5% |
| 2017 | 12.1% | -4.2% |
| 2018 | 12.6% | +4.7% |
| 2019 | 12.1% | -4.7% |
| 2020 | 12.9% | +6.8% |
| 2021 | 13.4% | +3.8% |
Panama compared with similar countries
- Panama's 13.4% is above the median for high income countries, which is 3.3%, 4.1× the median. (54 countries reporting)
- Panama's 13.4% is above the median for Latin America & Caribbean, which is 10.3%, 1.3× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.7% | 12.1% | 13.9% | 6 |
| 2020s | 13.1% | 12.9% | 13.4% | 2 |
Countries ranked near Panama
- 32 Cote d'Ivoire 14.1% compare
- 33 Namibia 14.1% compare
- 34 El Salvador 14.1% compare
- 36 Senegal 13.2% compare
- 37 Colombia 13.2% compare
- 38 United States 12.9% compare
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 interest payments in Panama?
- Interest payments in Panama was 13.4% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Panama?
- The highest recorded value was 13.9% in 2014.
- What is the lowest interest payments recorded in Panama?
- The lowest recorded value was 12.1% in 2019.
- How does Panama rank for interest payments?
- Panama ranks 35th out of 152 countries with data for 2021.
- Is interest payments rising or falling in Panama?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is flat.
- 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.