Revenue, excluding grants (current LCU) in Panama
Panama: Revenue, excluding grants (current LCU) was 9.25 billion current LCU in 2024. ▲ Rising
Revenue, excluding grants in Panama, 2014–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, revenue, excluding grants in Panama stood at 9.25 billion current LCU.
That represents a change of down 8.0% on the previous year and up 36.0% over ten years.
Over the whole period, revenue, excluding grants in Panama peaked at 10.06 billion current LCU in 2023 and was at its lowest, 6.57 billion current LCU, in 2020.
Panama ranks 133rd of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Revenue, excluding grants (current LCU) in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 6.80 billion current LCU | — |
| 2015 | 7.15 billion current LCU | +5.0% |
| 2016 | 7.58 billion current LCU | +6.1% |
| 2017 | 8.65 billion current LCU | +14.1% |
| 2018 | 8.88 billion current LCU | +2.6% |
| 2019 | 8.26 billion current LCU | -7.0% |
| 2020 | 6.57 billion current LCU | -20.5% |
| 2021 | 7.66 billion current LCU | +16.8% |
| 2022 | 9.17 billion current LCU | +19.6% |
| 2023 | 10.06 billion current LCU | +9.7% |
| 2024 | 9.25 billion current LCU | -8.0% |
Panama compared with similar countries
- Panama's 9.25 billion current LCU is below the median for high income countries, which is 144.50 billion current LCU, 6% of the median. (57 countries reporting)
- Panama's 9.25 billion current LCU is below the median for Latin America & Caribbean, which is 127.49 billion current LCU, 7% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.89 billion current LCU | 6.80 billion current LCU | 8.88 billion current LCU | 6 |
| 2020s | 8.54 billion current LCU | 6.57 billion current LCU | 10.06 billion current LCU | 5 |
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is revenue, excluding grants in Panama?
- Revenue, excluding grants in Panama was 9.25 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Panama?
- The highest recorded value was 10.06 billion current LCU in 2023.
- What is the lowest revenue, excluding grants recorded in Panama?
- The lowest recorded value was 6.57 billion current LCU in 2020.
- How does Panama rank for revenue, excluding grants?
- Panama ranks 133rd out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Panama?
- Over the last ten years it is up 36.0%. 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 Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.