Panama General Government Structural Balance (% Potential GDP) Statistics

20, Oct 2018, EDT.

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Country or Region: Panama › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Panama indicators, › See General Government Structural Balance (% Potential GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Balboa
Currency Symbol: PAB

Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude. See notes for: General government structural balance (National currency).

General Government Structural Balance (% Potential GDP) Statistics for Panama , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Panama in year 2015 is -0.927 %. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

This makes Panama No. 20 in world rankings according to General Government Structural Balance (% Potential GDP) in year 2015. The world's average General Government Structural Balance (% Potential GDP) value is -0.89 %; Panama is 0.04 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Panama was -1.56 % General Government Structural Balance (% Potential GDP) for Panama in 2015 was or will be 40.69% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Panama was or will be -0.57 %, which is 38.08% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Panama, in other Years
Year %
  2021 0.977
  2020 1.17
  2019 1.094
  2018 1.186
  2017 0.462
  2016 -0.574
2015 -0.927
  2014 -1.563
  2013 -0.696
  2012 -0.005
  2011 0.225
  2010 1.463
  2009 2.176
  2008 2.534
  2007 5.753
  2006 4.565
  2005 1.912
  2004 -0.432
  2003 0.192
  2002 1.314
  2001 2.06
  2000 3.075
  1999 1.994
  1998 -0.209
  1997 2.27
  1996 4.774
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a