Panama Consolidated Fiscal Balance

2003 - 2023 | Yearly | USD mn | CEIC Data

Key information about Panama Consolidated Fiscal Balance

  • Panama Consolidated Fiscal Balance recorded a deficit equal to 2.462 USD bn in Dec 2023, compared with a deficit equal to 3.045 USD bn in the previous year.
  • Panama Consolidated Fiscal Balance data is updated yearly, available from Dec 2003 to Dec 2023, with an average ratio of -1.026 USD bn.
  • The data reached an all-time high of 683.000 USD mn in Dec 2007 and a record low of -5.350 USD bn in Dec 2020.

CEIC converts annual Consolidated Fiscal Balance into USD. The Ministry of Economy and Finance provides Consolidated Fiscal Balance in local currency. The International Monetary Fund average market exchange rate is used for currency conversions.

View Panama's Consolidated Fiscal Balance from 2003 to 2023 in the chart:

Panama Consolidated Fiscal Balance

What was Panama's Consolidated Fiscal Balance in 2023?

Panama Consolidated Fiscal Balance recorded a deficit equal to 2.462 USD bn in Dec 2023, compared with a deficit equal to 3.045 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-2,462.500 2023 -3,044.700 2022 -5,350.400 2020 683.000 2007 USD mn yearly 2003 - 2023

Consolidated Fiscal Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 484.235 Apr 2024 monthly Dec 1997 - Apr 2024
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) 1,316.644 May 2024 monthly Jan 1993 - May 2024
Armenia (USD mn) 120.729 Apr 2024 monthly Jan 2008 - Apr 2024
Australia (USD mn) -5,004.974 Mar 2024 quarterly Sep 2002 - Mar 2024
Austria (USD mn) -6,901.985 Mar 2024 quarterly Mar 2001 - Mar 2024
Azerbaijan (USD mn) 1,490.000 May 2024 monthly Dec 2004 - May 2024
Bahrain (USD mn) -778.940 2022 yearly 1990 - 2022
Bangladesh (USD mn) -1,325.727 Jan 2024 monthly Jul 2008 - Jan 2024
Belarus (USD mn) 404.854 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) -28,081.402 2023 yearly 1970 - 2023
Bolivia (USD mn) -2,565.847 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 3.044 Dec 2023 quarterly Dec 2008 - Dec 2023
Botswana (USD mn) -37.355 Jun 2023 monthly Apr 2007 - Jun 2023
Brazil (USD mn) -20,010.749 May 2024 monthly Jan 1997 - May 2024
Brunei (USD mn) -1,794.468 2023 yearly 2003 - 2023
Bulgaria (%) -2.441 Mar 2024 quarterly Sep 2003 - Mar 2024
Cambodia (USD mn) -178.310 Apr 2024 monthly Jan 2007 - Apr 2024
Canada (USD mn) -24,818.262 Mar 2024 monthly May 1992 - Mar 2024
Chile (USD mn) -7,629.972 2023 yearly 1990 - 2023
China (USD mn) -138,026.800 Mar 2024 monthly Jan 1995 - Mar 2024
Colombia (USD mn) 3,323.396 Sep 2023 quarterly Mar 1995 - Sep 2023
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) -92.966 May 2024 monthly Jan 2014 - May 2024
Czech Republic (USD mn) -2,573.532 Mar 2024 quarterly Mar 1999 - Mar 2024
Denmark (USD mn) 3,995.458 Mar 2024 quarterly Mar 1999 - Mar 2024
Ecuador (USD mn) 848.934 Mar 2024 quarterly Mar 2000 - Mar 2024
Egypt (USD mn) -10,591.833 May 2024 monthly Jan 2005 - May 2024
Estonia (USD mn) -409.297 Mar 2024 quarterly Mar 1999 - Mar 2024
European Union (USD mn) -642,402.439 2023 yearly 1999 - 2023
Finland (USD mn) -2,284.728 Mar 2024 quarterly Mar 1999 - Mar 2024
France (USD mn) -44,049.124 Mar 2024 quarterly Mar 1957 - Mar 2024
Georgia (USD mn) -43.919 May 2024 monthly Jan 2006 - May 2024
Germany (USD mn) -27,199.661 Mar 2024 quarterly Mar 1991 - Mar 2024
Ghana (USD mn) 239.230 Jun 2023 monthly Jan 2008 - Jun 2023
Greece (USD mn) 1,391.625 Sep 2023 quarterly Mar 1999 - Sep 2023
Hong Kong SAR, China (USD mn) -5,385.310 May 2024 monthly Oct 1998 - May 2024
Hungary (USD mn) -2,983.604 Mar 2024 quarterly Mar 1999 - Mar 2024
Iceland (USD mn) 5.341 Mar 2024 quarterly Mar 2002 - Mar 2024
India (USD mn) -19,130.131 May 2024 monthly Apr 1997 - May 2024
Indonesia (USD mn) -3,402.167 Jun 2024 monthly Jan 2014 - Jun 2024
Iran (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
Ireland (USD mn) 6,129.157 Dec 2023 quarterly Mar 2000 - Dec 2023
Israel (USD mn) -2,692.128 May 2024 monthly Jan 1999 - May 2024
Italy (USD mn) -49,260.041 Mar 2024 quarterly Mar 1999 - Mar 2024
Ivory Coast (USD mn) -4,144.453 2023 yearly 1960 - 2023
Japan (USD mn) -331,330.503 2023 yearly 1995 - 2023
Jordan (USD mn) 418.759 2018 yearly 1999 - 2018
Kazakhstan (USD mn) 2,331.133 May 2024 monthly Nov 2007 - May 2024
Kenya (%) -2.140 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (USD mn) 12,909.989 Apr 2024 monthly Jul 1999 - Apr 2024
Kosovo (USD mn) 49.040 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) 20,955.438 2022 yearly 1988 - 2022
Kyrgyzstan (USD mn) 135.343 May 2024 monthly Jan 2007 - May 2024
Laos (USD mn) 96.753 2023 yearly 2010 - 2023
Latvia (USD mn) 44.047 Mar 2024 quarterly Mar 1999 - Mar 2024
Lebanon (USD mn) 405.307 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) -1,359.047 Dec 2023 quarterly Mar 1999 - Dec 2023
Luxembourg (%) -1.252 2023 yearly 1995 - 2023
Macau SAR, China (%) -5.080 Sep 2023 quarterly Dec 2003 - Sep 2023
North Macedonia (USD mn) -604.501 2022 yearly 2009 - 2022
Malawi (USD mn) -89.623 Apr 2024 monthly Oct 2005 - Apr 2024
Malaysia (USD mn) -27,183.026 2022 yearly 1970 - 2022
Malta (USD mn) -642.428 Dec 2023 quarterly Mar 1999 - Dec 2023
Mauritius (%) -5.328 Sep 2023 quarterly Dec 2010 - Sep 2023
Mexico (USD mn) -10,359.323 May 2024 monthly Jan 1977 - May 2024
Moldova (USD mn) -857.246 2023 yearly 1998 - 2023
Mongolia (USD mn) -31.236 May 2024 monthly Jan 2000 - May 2024
Montenegro (USD mn) 63.959 Apr 2024 monthly Jan 2012 - Apr 2024
Morocco (USD mn) -1,119.833 May 2024 monthly Jan 2000 - May 2024
Mozambique (USD mn) 388.757 Dec 2016 quarterly Mar 2002 - Dec 2016
Myanmar (USD mn) -5,489.382 2021 yearly 1980 - 2021
Nepal (USD mn) -633.856 Mar 2024 quarterly Mar 2017 - Mar 2024
Netherlands (USD mn) -1,658.478 Dec 2023 quarterly Mar 1999 - Dec 2023
New Zealand (USD mn) -2,917.988 Mar 2024 quarterly Mar 1999 - Mar 2024
Nigeria (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
Norway (USD mn) 17,891.197 Mar 2024 quarterly Mar 2002 - Mar 2024
Oman (USD mn) -39.012 Apr 2024 monthly Jun 2003 - Apr 2024
Pakistan (USD mn) -12,412.064 2023 yearly 1991 - 2023
Palestinian Territory (USD mn) -619.800 2020 yearly 2010 - 2020
Panama (USD mn) -2,462.500 2023 yearly 2003 - 2023
Paraguay (USD mn) 155.154 May 2024 monthly Jan 2003 - May 2024
Peru (USD mn) -837.677 Mar 2024 quarterly Mar 1990 - Mar 2024
Philippines (USD mn) -3,028.138 May 2024 monthly Jan 1985 - May 2024
Poland (USD mn) -41,352.470 2023 yearly 1995 - 2023
Portugal (USD mn) -128.998 Mar 2024 quarterly Dec 1998 - Mar 2024
Qatar (USD mn) 549.451 Mar 2024 quarterly Mar 2011 - Mar 2024
Romania (%) -6.326 Mar 2024 quarterly Dec 2004 - Mar 2024
Russia (USD mn) -50,465.076 Apr 2024 monthly Jan 1993 - Apr 2024
Saudi Arabia (USD mn) -21,585.731 2023 yearly 1969 - 2023
Serbia (USD mn) -55.786 Apr 2024 monthly Jan 2005 - Apr 2024
Singapore (USD mn) 6,898.290 May 2024 monthly Apr 2011 - May 2024
Slovakia (USD mn) -37.348 Jun 2024 monthly Jan 2005 - Jun 2024
Slovenia (USD mn) 339.187 Apr 2024 monthly Jan 2000 - Apr 2024
South Africa (USD mn) -693.990 May 2024 monthly Jan 1990 - May 2024
Spain (USD mn) -6,632.767 Mar 2024 quarterly Mar 1995 - Mar 2024
Sri Lanka (%) -8.260 Dec 2023 quarterly Dec 2014 - Dec 2023
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) -3,805.493 2023 yearly 1995 - 2023
Switzerland (USD mn) 4,720.312 2023 yearly 1990 - 2023

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 383.708 May 2024 monthly Jan 1995 - May 2024
Tax Revenue: % of GDP (%) 6.9 Mar 2024 quarterly Mar 2007 - Mar 2024
National Government Debt (USD mn) 49,737.5 May 2024 monthly Jul 2004 - May 2024
Government Debt: % of GDP (%) 59.2 Mar 2024 quarterly Dec 2007 - Mar 2024
Forecast: Government Expenditure (PAB bn) 22.672 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 20.911 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 196,551.313 May 2024 monthly Jan 1995 - May 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 383,708.393 May 2024 monthly Jan 1995 - May 2024
Central Government Revenue: Current Revenue (PAB th) 483,358.502 May 2024 monthly Jan 1995 - May 2024
Public Debt: Domestic (USD mn) 6,481.350 May 2024 monthly Jul 2004 - May 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,093.6 Apr 2024 monthly Jan 1964 - Apr 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -70.4 Apr 2024 monthly Jan 2001 - Apr 2024
Aluminum: Exports (USD th) 1,490.770 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,189.2 Apr 2024 monthly Jan 2000 - Apr 2024
Total Imports Growth (%) 6.8 Apr 2024 monthly Jan 2001 - Apr 2024
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 8.622 Mar 2024 monthly Jan 1970 - Mar 2024
Total Imports from USA (USD mn) 239.374 Mar 2024 monthly Jan 1967 - Mar 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 132.783 Mar 2024 monthly Mar 1989 - Mar 2024
Exports: FOB: Prawn (PAB th) 10,670.091 Apr 2024 monthly Jan 2000 - Apr 2024
Exports: FOB: Banana (PAB th) 12,357.103 Apr 2024 monthly Jan 2000 - Apr 2024
Exports: FOB (PAB th) 95,618.029 Apr 2024 monthly Jan 2000 - Apr 2024
Exports: FOB: Seafood Products (PAB th) 4,368.992 Apr 2024 monthly Jan 2002 - Apr 2024
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 103.2 Mar 2024 quarterly Mar 2013 - Mar 2024
Current Account Balance (USD mn) 71.6 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance: % of GDP (%) 0.3 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Direct Investment (USD mn) 878.4 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment: % of GDP (%) 4.0 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Portfolio Investment (USD mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 14.2 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2024 quarterly Mar 2013 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
External Debt (USD mn) 43,256.1 May 2024 monthly Jul 2004 - May 2024
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -73,805.352 Mar 2024 quarterly Mar 2002 - Mar 2024
BoP: Net Errors and Omissions (PAB mn) -2,322.920 Mar 2024 quarterly Mar 2013 - Mar 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 71.622 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods (PAB mn) -2,549.871 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods: Debit (PAB mn) -6,195.266 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services: Credit (PAB mn) 5,021.013 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services: Debit (PAB mn) -1,293.249 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods: Credit (PAB mn) 3,645.395 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income: Credit (PAB mn) 1,134.740 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services (PAB mn) 3,727.764 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income: Debit (PAB mn) -2,259.988 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account: Credit (PAB mn) 2.292 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income (PAB mn) -1,125.248 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Financial Account (FA) (PAB mn) 3,088.771 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account (PAB mn) 2.292 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Direct Investment (PAB mn) 775.197 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Financing: Reserve Assets (PAB mn) -1,187.874 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,997.466 Mar 2024 quarterly Mar 2013 - Mar 2024
International Investment Position (IIP) (USD mn) -73,805.352 Mar 2024 quarterly Mar 2015 - Mar 2024
IIP: Assets (USD mn) 103,815.505 Mar 2024 quarterly Mar 2015 - Mar 2024
IIP: Liabilities (USD mn) 177,620.857 Mar 2024 quarterly Mar 2015 - Mar 2024
Foreign Direct Investment (FDI) (PAB mn) 878.406 Mar 2024 quarterly Mar 2013 - Mar 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 May 2024 monthly Dec 2008 - May 2024
Household Debt: % of GDP (%) 38.1 Mar 2024 quarterly Dec 2007 - Mar 2024
Non-Performing Loans (USD mn) 1,495.366 May 2024 monthly Dec 2008 - May 2024
Money Supply M1 (USD mn) 8,863.130 Apr 2024 monthly Dec 2002 - Apr 2024
Money Supply M2 (USD mn) 40,398.810 Apr 2024 monthly Dec 2002 - Apr 2024
M2 Growth (%) 6.3 Apr 2024 monthly Dec 2003 - Apr 2024
Foreign Exchange Reserves (USD mn) 5,245.6 May 2024 monthly Oct 1969 - May 2024
Foreign Exchange Reserves: % of GDP (%) 8.733 Mar 2024 quarterly Dec 2007 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 5.2 Apr 2024 monthly Jan 2000 - Apr 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 106,034.891 May 2024 monthly Dec 1998 - May 2024
Total Deposits Growth (%) 6.1 May 2024 monthly Dec 1999 - May 2024
Domestic Credit (USD mn) 61,859.1 May 2024 monthly Dec 2001 - May 2024
Domestic Credit Growth (%) 4.9 May 2024 monthly Dec 2002 - May 2024
Household Debt (USD mn) 32,223.1 May 2024 monthly Oct 2005 - May 2024
Total Loans (USD mn) 92,279.449 May 2024 monthly Dec 1998 - May 2024
Total Loans Growth (%) 6.43 May 2024 monthly Dec 1999 - May 2024
Private Debt: % of Nominal GDP (%) 69.04 Mar 2024 quarterly Dec 2007 - Mar 2024
Money Supply: M3 (PAB mn) 40,398.810 Apr 2024 monthly Dec 2002 - Apr 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,858.454 May 2024 monthly Dec 2002 - May 2024

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