Primary government expenditures as a proportion … Public Expenditure in Panama
Panama: Primary government expenditures as a proportion … Public Expenditure was 87.9% in 2021. ▼ Falling
Primary government expenditures as a proportion of original approved in Panama, 2007–2021
Source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB). Measured in %.
Analysis
The most recent figure for primary government expenditures as a proportion of original approved in Panama is 87.9%, measured in 2021.
Compared with earlier readings it is up 4.6% on the previous year and down 12.2% over ten years.
Over the whole period, primary government expenditures as a proportion of original approved in Panama peaked at 108.2% in 2008 and was at its lowest, 84.0%, in 2020.
That places Panama 138th out of 165 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Primary government expenditures as a proportion … Public Expenditure in Panama, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 102.9% | — |
| 2008 | 108.2% | +5.2% |
| 2009 | 101.5% | -6.2% |
| 2010 | 105.1% | +3.6% |
| 2011 | 100.1% | -4.8% |
| 2012 | 106.2% | +6.1% |
| 2013 | 101.6% | -4.4% |
| 2014 | 97.6% | -3.9% |
| 2015 | 96.1% | -1.5% |
| 2016 | 99.3% | +3.3% |
| 2017 | 95.8% | -3.5% |
| 2018 | 92.3% | -3.6% |
| 2019 | 102.7% | +11.2% |
| 2020 | 84.0% | -18.2% |
| 2021 | 87.9% | +4.6% |
Panama compared with similar countries
- Panama's 87.9% is below the median for high income countries, which is 103.6%, 85% of the median. (44 countries reporting)
- Panama's 87.9% is below the median for Latin America & Caribbean, which is 98.8%, 89% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 104.2% | 101.5% | 108.2% | 3 |
| 2010s | 99.7% | 92.3% | 106.2% | 10 |
| 2020s | 85.9% | 84.0% | 87.9% | 2 |
Countries ranked near Panama
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 primary government expenditures as a proportion of original approved in Panama?
- Primary government expenditures as a proportion of original approved in Panama was 87.9% in 2021, according to Public Expenditure and Financial Accountability (PEFA), World Bank (WB).
- What is the highest primary government expenditures as a proportion of original approved recorded in Panama?
- The highest recorded value was 108.2% in 2008.
- What is the lowest primary government expenditures as a proportion of original approved recorded in Panama?
- The lowest recorded value was 84.0% in 2020.
- How does Panama rank for primary government expenditures as a proportion of original approved?
- Panama ranks 138th out of 165 countries with data for 2021.
- Is primary government expenditures as a proportion of original approved rising or falling in Panama?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Public Expenditure and Financial Accountability (PEFA), World Bank (WB), published as part of Primary government expenditures as a proportion of original approved budget (%). Statizoid updates them automatically from the source API.
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About this data
Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.