Primary government expenditures as a proportion of original approved in Panama

Panama: Primary government expenditures as a proportion of original approved was 87.9% in 2021. ▼ Falling

Latest (2021)
87.9%
Change on year
up 4.6%
World rank
138th
of 165 countries
All-time high
108.2%
in 2008
All-time low
84.0%
in 2020
Years of data
15
2007–2021

Primary government expenditures as a proportion of original approved in Panama, 2007–2021

02550751002007201420212007: 102.9 %2008: 108.2 %2009: 101.5 %2010: 105.1 %2011: 100.1 %2012: 106.2 %2013: 101.6 %2014: 97.6 %2015: 96.1 %2016: 99.3 %2017: 95.8 %2018: 92.3 %2019: 102.7 %2020: 84 %2021: 87.9 %

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 of original approved in Panama, year by year

Annual values for Primary government expenditures as a proportion of original approved budget (%) in Panama, 2007 to 2021.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 135 Kuwait 89.8% compare
  2. 136 Finland 89.2% compare
  3. 137 Colombia 89.0% compare
  4. 139 Botswana 87.2% compare
  5. 140 Kenya 86.2% compare
  6. 141 Guinea 85.9% compare

See the full ranking of 165 places →

More public sector data for Panama

All data for Panama →

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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Primary government expenditures as a proportion of original approved in Panama. Statizoid, drawing on Public Expenditure and Financial Accountability (PEFA), World Bank (WB). Retrieved 04 September 2026, from https://public-sector.statizoid.com/stat/primary-government-expenditures-as-a-proportion-of-original-approved-budget-percent/panama/

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About this data

Indicator
Primary government expenditures as a proportion of original approved budget (%)
Unit
%
Source
Public Expenditure and Financial Accountability (PEFA), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
165 places, 2,369 data points, 2004–2024
Last refreshed

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.