Social contributions in Panama
Panama: Social contributions was 1.83 million current LCU in 2018. ◆ Volatile
Social contributions in Panama, 2014–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2018, social contributions in Panama stood at 1.83 million current LCU.
The figure is down 83.4% on the previous year and up 310.5% over five years.
Panama ranks 106th of 112 countries on this measure, in the bottom quarter.
Social contributions in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 444,786 current LCU | — |
| 2015 | 7.55 million current LCU | +1597.7% |
| 2016 | 8.84 million current LCU | +17.1% |
| 2017 | 11.03 million current LCU | +24.7% |
| 2018 | 1.83 million current LCU | -83.4% |
Panama compared with similar countries
- Panama's 1.83 million current LCU is below the median for high income countries, which is 35.12 billion current LCU, 0% of the median. (49 countries reporting)
- Panama's 1.83 million current LCU is below the median for Latin America & Caribbean, which is 21.07 billion current LCU, 0% of the median. (20 countries reporting)
Countries ranked near Panama
More public sector data for Panama
- Democracy, 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)
- Elected parliament, 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)
- 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 social contributions in Panama?
- Social contributions in Panama was 1.83 million current LCU in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Panama?
- The highest recorded value was 11.03 million current LCU in 2017.
- What is the lowest social contributions recorded in Panama?
- The lowest recorded value was 444,786 current LCU in 2014.
- How does Panama rank for social contributions?
- Panama ranks 106th out of 112 countries with data for 2018.
- 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.