Interest payments in Panama
Panama: Interest payments was 28.9% in 2024. ▲ Rising
Interest payments in Panama, 2014–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Panama recorded 28.9% for interest payments in 2024. That is the highest value across all 11 years on record.
That represents a change of up 36.8% on the previous year and up 114.9% over ten years.
Over the whole period, interest payments in Panama peaked at 28.9% in 2024 and was at its lowest, 12.4%, in 2017.
That places Panama 7th out of 155 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Interest payments in Panama, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2014 | 13.5% | — |
| 2015 | 13.8% | +2.4% |
| 2016 | 13.4% | -2.5% |
| 2017 | 12.4% | -7.9% |
| 2018 | 12.9% | +3.8% |
| 2019 | 15.2% | +18.0% |
| 2020 | 21.4% | +41.1% |
| 2021 | 20.0% | -6.3% |
| 2022 | 14.4% | -28.2% |
| 2023 | 21.1% | +46.8% |
| 2024 | 28.9% | +36.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.5% | 12.4% | 15.2% | 6 |
| 2020s | 21.2% | 14.4% | 28.9% | 5 |
Countries ranked near Panama
More public sector data for Panama
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 2.00 million SIPRI trend indicator values (1989)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -100 % change on previous year (2000)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 26.9 SIPRI trend indicator values per square kilometre (1989)
Frequently asked questions
- What is interest payments in Panama?
- Interest payments in Panama was 28.9% in 2024, 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 28.9% in 2024.
- What is the lowest interest payments recorded in Panama?
- The lowest recorded value was 12.4% in 2017.
- How does Panama rank for interest payments?
- Panama ranks 7th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Panama?
- Over the last ten years it is up 114.9%. 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 Interest payments (% of revenue). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.