Panama General government revenue (% of GDP) Statistics

21, Nov 2019, EST.

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Country or Region: Panama › Change country
Economic Indicator: General government revenue (% of GDP) › See all Panama indicators, › See General government revenue (% of 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

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Panama , Year 2015 - In Detail

General government revenue (% of GDP) for Panama in year 2015 is 20.372 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Panama No. 147 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Panama is 9.86 less than the average.

In the previous year, 2014, General government revenue (% of GDP) for Panama was 20.45 % General government revenue (% of GDP) for Panama in 2015 was or will be 0.38% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Panama was or will be 20.04 %, which is 1.62% less than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Panama, in other Years
Year %
  2021 19.483
  2020 19.678
  2019 19.746
  2018 20.133
  2017 20.21
  2016 20.042
2015 20.372
  2014 20.45
  2013 22.18
  2012 22.437
  2011 22.603
  2010 23.576
  2009 23.055
  2008 24.526
  2007 26.239
  2006 23.55
  2005 21.078
  2004 19.941
  2003 21.064
  2002 21.613
  2001 22.482
  2000 23.429
  1999 23.099
  1998 21.264
  1997 21.379
  1996 20.425
  1995 23.849
  1994 21.981
  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