Revenue, General government, Percent of GDP in Panama
Panama: Revenue, General government, Percent of GDP was 19.61 in 2030. ▼ Falling
Latest (2030)
19.61
Change on year
up 1.0%
World rank
141st
of 195 countries
All-time high
28.22
in 1995
All-time low
15.73
in 2024
Years of data
36
1995–2030
Revenue, General government, Percent of GDP in Panama, 1995–2030
Source: International Monetary Fund.
Analysis
Panama recorded 19.61 for revenue, general government, percent of gdp in 2030.
Compared with earlier readings it is up 1.0% on the previous year and up 13.1% over ten years.
Over the whole period, revenue, general government, percent of gdp in Panama peaked at 28.22 in 1995 and was at its lowest, 15.73, in 2024.
Panama ranks 141st of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Revenue, General government, Percent of GDP in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 28.22 | — |
| 1996 | 23.93 | -15.2% |
| 1997 | 23.4 | -2.2% |
| 1998 | 22.31 | -4.7% |
| 1999 | 22.36 | +0.2% |
| 2000 | 24.83 | +11.0% |
| 2001 | 23.01 | -7.3% |
| 2002 | 22.5 | -2.2% |
| 2003 | 21.94 | -2.5% |
| 2004 | 18.97 | -13.5% |
| 2005 | 20.14 | +6.2% |
| 2006 | 22.4 | +11.2% |
| 2007 | 24.93 | +11.3% |
| 2008 | 23.08 | -7.4% |
| 2009 | 21.78 | -5.6% |
| 2010 | 22.52 | +3.4% |
| 2011 | 21.58 | -4.2% |
| 2012 | 21.5 | -0.4% |
| 2013 | 21.05 | -2.1% |
| 2014 | 19.76 | -6.1% |
| 2015 | 19.08 | -3.4% |
| 2016 | 19.4 | +1.7% |
| 2017 | 19.29 | -0.6% |
| 2018 | 18.95 | -1.8% |
| 2019 | 17.75 | -6.3% |
| 2020 | 17.34 | -2.3% |
| 2021 | 17.3 | -0.2% |
| 2022 | 17.37 | +0.4% |
| 2023 | 17.48 | +0.7% |
| 2024 | 15.73 | -10.0% |
| 2025 | 17.67 | +12.4% |
| 2026 | 17.98 | +1.7% |
| 2027 | 18.33 | +1.9% |
| 2028 | 18.86 | +2.9% |
| 2029 | 19.42 | +3.0% |
| 2030 | 19.61 | +1.0% |
Panama compared with similar countries
- Panama's 19.61 is below the median for high income countries, which is 36.5, 54% of the median. (66 countries reporting)
- Panama's 19.61 is below the median for Latin America & Caribbean, which is 24.48, 80% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.05 | 22.31 | 28.22 | 5 |
| 2000s | 22.36 | 18.97 | 24.93 | 10 |
| 2010s | 20.09 | 17.75 | 22.52 | 10 |
| 2020s | 17.75 | 15.73 | 19.42 | 10 |
| 2030s | 19.61 | 19.61 | 19.61 | 1 |
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 revenue, general government, percent of gdp in Panama?
- Revenue, general government, percent of gdp in Panama was 19.61 in 2030, according to International Monetary Fund.
- What is the highest revenue, general government, percent of gdp recorded in Panama?
- The highest recorded value was 28.22 in 1995.
- What is the lowest revenue, general government, percent of gdp recorded in Panama?
- The lowest recorded value was 15.73 in 2024.
- How does Panama rank for revenue, general government, percent of gdp?
- Panama ranks 141st out of 195 countries with data for 2030.
- Is revenue, general government, percent of gdp rising or falling in Panama?
- Over the last ten years it is up 13.1%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Revenue, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October