Other expense in Panama
Panama: Other expense was 1.61 billion current LCU in 2024. ▲ Rising
Other expense in Panama, 2014–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for other expense in Panama is 1.61 billion current LCU, measured in 2024.
The figure is up 7.8% on the previous year and up 124.1% over ten years.
Over the whole period, other expense in Panama peaked at 2.29 billion current LCU in 2021 and was at its lowest, 717.01 million current LCU, in 2014.
That places Panama 112th out of 149 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.05 billion current LCU | 717.01 million current LCU | 1.54 billion current LCU | 6 |
| 2020s | 1.83 billion current LCU | 1.49 billion current LCU | 2.29 billion current LCU | 5 |
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 other expense in Panama?
- Other expense in Panama was 1.61 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Panama?
- The highest recorded value was 2.29 billion current LCU in 2021.
- What is the lowest other expense recorded in Panama?
- The lowest recorded value was 717.01 million current LCU in 2014.
- How does Panama rank for other expense?
- Panama ranks 112th out of 149 countries with data for 2024.
- Is other expense rising or falling in Panama?
- Over the last ten years it is up 124.1%. 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 Other expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. 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.