Panama General government total expenditure (% of GDP) Statistics

05, Dec 2019, EST.

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

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

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

General government total expenditure (% of GDP) for Panama in year 2015 is 23.16 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Panama No. 153 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Panama is 10.72 less than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Panama was 23.62 % General government total expenditure (% of GDP) for Panama in 2015 was or will be 1.96% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Panama was or will be 22.67 %, which is 2.11% less than the 2015 figure.

* Source: IMF
General government total expenditure (% of GDP) for Panama, in other Years
Year %
  2021 20.383
  2020 20.528
  2019 20.757
  2018 21.024
  2017 21.781
  2016 22.672
2015 23.16
  2014 23.622
  2013 24.468
  2012 23.934
  2011 24.485
  2010 25.32
  2009 23.955
  2008 24.131
  2007 22.987
  2006 23.067
  2005 23.552
  2004 24.564
  2003 25.508
  2002 24.721
  2001 24.68
  2000 24.003
  1999 24.071
  1998 23.905
  1997 22.17
  1996 18.769
  1995 26.558
  1994 25.333
  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