Central government expense in Panama

Central government expense in Panama was equal to 17.1% of GDP in 2021.

Measure: Central government expense as a share of GDP Unit: % of GDP Data: 2014 to 2021 Source: World Bank
Panama, 2021 17.1% % of GDP
Change from 2020 −2.1percentage points 2020: 19.3%
World, 2021 31.7% Official aggregate
Position in 2021 101st of 125 See the full ranking

Central government expense in Panama over time

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Panama World ×

% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Central government expense as a share of GDP (% of GDP), 2000 to 2022
Period PanamaWorld
2022 – 28.5%
2021 17.1% 31.7%
2020 19.3% 33.4%
2019 15.0% 26.7%
2018 13.6% 26.1%
2017 13.9% 26.3%
2016 13.7% 26.6%
2015 14.0% 26.8%
2014 12.9% 26.8%
2013 – 27.1%
2012 – 27.4%
2011 – 27.5%
2010 – 28.4%
2009 – 28.4%
2008 – 25.9%
2007 – 24.8%
2006 – 24.9%
2005 – 25.1%
2004 – 24.8%
2003 – 25.2%
2002 – 24.9%
2001 – 24.7%
2000 – 23.6%

A dash means no value was published for that period.

In short

  • That is a change of −2.1 percentage points from 19.3% in 2020.
  • Since 2014, when it was 12.9%, the figure has changed by +4.2 percentage points.
  • Among the 125 countries with data for 2021, Panama has the 101st highest value.
  • The figure for the world in 2021 was 31.7%.

Source and dates

Original producer
International Monetary Fund, Government Finance Statistics
Distributed by
World Bank, World Development Indicators
Dataset or series code
GC.XPN.TOTL.GD.ZS · dataset details · view at source
Observation period
2014 to 2021 for Panama
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: International Monetary Fund, Government Finance Statistics