Panama Consolidated Fiscal Balance

2003 - 2024 | Yearly | USD mn | CEIC Data

Key information about Panama Consolidated Fiscal Balance

  • Panama Consolidated Fiscal Balance recorded a deficit equal to 6.416 USD bn in Dec 2024, compared with a deficit equal to 3.271 USD bn in the previous year.
  • Panama Consolidated Fiscal Balance data is updated yearly, available from Dec 2003 to Dec 2024, 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 -6.416 USD bn in Dec 2024.

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 2024 in the chart:

Panama Consolidated Fiscal Balance

What was Panama's Consolidated Fiscal Balance in 2024?

Panama Consolidated Fiscal Balance recorded a deficit equal to 6.416 USD bn in Dec 2024, compared with a deficit equal to 3.271 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-6,416.100 2024 -3,270.600 2023 -6,416.100 2024 683.000 2007 USD mn yearly 2003 - 2024

Consolidated Fiscal Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 591.214 Oct 2025 monthly Dec 1997 - Oct 2025
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) 419.674 Nov 2025 monthly Jan 1993 - Nov 2025
Armenia (USD mn) -93.374 Nov 2025 monthly Jan 2008 - Nov 2025
Australia (USD mn) -11,179.706 Jun 2025 quarterly Sep 2002 - Jun 2025
Austria (USD mn) -4,578.917 Sep 2025 quarterly Mar 2001 - Sep 2025
Azerbaijan (USD mn) 310.353 Dec 2025 monthly Dec 2004 - Dec 2025
Bahrain (USD mn) -2,784.441 2024 yearly 1990 - 2024
Bangladesh (USD mn) 154.969 Jul 2025 monthly Jul 2008 - Jul 2025
Belarus (USD mn) 404.854 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) -30,012.565 2024 yearly 1970 - 2024
Bolivia (USD mn) -5,230.120 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 1.770 Sep 2025 quarterly Dec 2008 - Sep 2025
Botswana (USD mn) -69.673 Sep 2025 monthly Apr 2007 - Sep 2025
Brazil (USD mn) -10,390.042 Dec 2025 monthly Jan 1997 - Dec 2025
Brunei (USD mn) -2,030.104 2024 yearly 2000 - 2024
Bulgaria (%) -4.272 Sep 2025 quarterly Sep 2003 - Sep 2025
Cambodia (USD mn) -52.271 Jul 2024 monthly Jan 2007 - Jul 2024
Canada (USD mn) -5,703.614 Nov 2025 monthly May 1992 - Nov 2025
Chile (USD mn) -9,295.767 2024 yearly 1990 - 2024
China (USD mn) -331,213.085 Dec 2025 monthly Jan 1995 - Dec 2025
Colombia (USD mn) -3,989.807 Jun 2025 quarterly Mar 1995 - Jun 2025
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) 58.137 Nov 2025 monthly Jan 2014 - Nov 2025
Czech Republic (USD mn) -1,212.622 Sep 2025 quarterly Mar 1999 - Sep 2025
Denmark (USD mn) 4,386.136 Jun 2025 quarterly Mar 1999 - Jun 2025
Ecuador (USD mn) -1,083.498 Sep 2025 quarterly Mar 2000 - Sep 2025
Egypt (USD mn) -15,919.810 Nov 2025 monthly Jan 2005 - Nov 2025
Estonia (USD mn) 5.960 Sep 2025 quarterly Mar 1999 - Sep 2025
European Union (USD mn) -612,084.939 2024 yearly 1999 - 2024
Finland (USD mn) -1,195.774 Jun 2025 quarterly Mar 1999 - Jun 2025
France (USD mn) -48,235.559 Sep 2025 quarterly Mar 1957 - Sep 2025
Georgia (USD mn) -697.461 Dec 2025 monthly Jan 2006 - Dec 2025
Germany (USD mn) -46,923.274 Sep 2025 quarterly Mar 1991 - Sep 2025
Ghana (USD mn) -386.239 Jul 2025 monthly Jan 2008 - Jul 2025
Greece (USD mn) 4,558.528 Sep 2025 quarterly Mar 1999 - Sep 2025
Hong Kong SAR, China (USD mn) 7,950.134 Dec 2025 monthly Oct 1998 - Dec 2025
Hungary (USD mn) 1,345.964 Jun 2025 quarterly Mar 1999 - Jun 2025
Iceland (USD mn) -121.031 Sep 2025 quarterly Mar 2002 - Sep 2025
India (USD mn) -13,420.225 Dec 2025 monthly Apr 1997 - Dec 2025
Indonesia (USD mn) -8,071.951 Dec 2025 monthly Jan 2014 - Dec 2025
Iran (USD mn) -13,054.476 Mar 2021 quarterly Jun 2005 - Mar 2021
Ireland (USD mn) 260.587 Sep 2025 quarterly Mar 2000 - Sep 2025
Israel (USD mn) -7,376.344 Dec 2025 monthly Jan 1999 - Dec 2025
Italy (USD mn) -47,273.468 Mar 2025 quarterly Mar 1999 - Mar 2025
Ivory Coast (USD mn) -3,452.972 2024 yearly 1960 - 2024
Japan (USD mn) -286,722.348 2024 yearly 1995 - 2024
Jordan (USD mn) 418.759 2018 yearly 1999 - 2018
Kazakhstan (USD mn) -3,258.167 Dec 2025 monthly Nov 2007 - Dec 2025
Kenya (%) -6.600 Sep 2025 quarterly Dec 2009 - Sep 2025
South Korea (USD mn) 492.507 Nov 2025 monthly Jul 1999 - Nov 2025
Kosovo (USD mn) 49.040 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) -3,440.015 2024 yearly 1988 - 2024
Kyrgyzstan (USD mn) 20.776 Nov 2025 monthly Jan 2007 - Nov 2025
Laos (USD mn) 375.970 2024 yearly 2010 - 2024
Latvia (USD mn) 282.710 Jun 2025 quarterly Mar 1999 - Jun 2025
Lebanon (USD mn) 405.307 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) 44.359 Jun 2025 quarterly Mar 1999 - Jun 2025
Luxembourg (%) 0.888 2024 yearly 1995 - 2024
Macau SAR, China (%) 7.879 Jun 2025 quarterly Dec 2003 - Jun 2025
North Macedonia (USD mn) -764.028 2024 yearly 2009 - 2024
Malawi (USD mn) -6.171 Oct 2025 monthly Oct 2005 - Oct 2025
Malaysia (USD mn) -27,060.208 2024 yearly 1970 - 2024
Malta (USD mn) 96.549 Sep 2025 quarterly Mar 1999 - Sep 2025
Mauritius (%) -8.795 Sep 2025 quarterly Dec 2010 - Sep 2025
Mexico (USD mn) -22,934.079 Dec 2025 monthly Jan 1977 - Dec 2025
Moldova (USD mn) -709.547 2024 yearly 1998 - 2024
Mongolia (USD mn) 152.759 Dec 2025 monthly Jan 2000 - Dec 2025
Montenegro (USD mn) -68.106 Nov 2025 monthly Jan 2012 - Nov 2025
Morocco (USD mn) -6,705.833 Dec 2025 monthly Jan 2000 - Dec 2025
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) -1,365.374 Jun 2025 quarterly Mar 2017 - Jun 2025
Netherlands (USD mn) -6,772.937 Sep 2025 quarterly Mar 1999 - Sep 2025
New Zealand (USD mn) 5,756.479 Sep 2025 quarterly Mar 1999 - Sep 2025
Nigeria (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
Norway (USD mn) 16,884.009 Jun 2025 quarterly Mar 2002 - Jun 2025
Oman (USD mn) -5.202 Oct 2025 monthly Jun 2003 - Oct 2025
Pakistan (USD mn) -22,771.776 2024 yearly 1991 - 2024
Palestinian Territory (USD mn) 192.600 2024 yearly 2010 - 2024
Panama (USD mn) -6,416.100 2024 yearly 2003 - 2024
Paraguay (USD mn) -350.611 Dec 2025 monthly Jan 2003 - Dec 2025
Peru (USD mn) -3,777.337 Sep 2025 quarterly Mar 1990 - Sep 2025
Philippines (USD mn) -2,674.510 Nov 2025 monthly Jan 1985 - Nov 2025
Poland (USD mn) -59,417.037 2024 yearly 1995 - 2024
Portugal (USD mn) 3,449.979 Sep 2025 quarterly Mar 1995 - Sep 2025
Qatar (USD mn) -393.407 Sep 2025 quarterly Mar 2011 - Sep 2025
Romania (%) -8.536 Sep 2025 quarterly Dec 2004 - Sep 2025
Russia (USD mn) -7,923.869 Nov 2025 monthly Jan 1993 - Nov 2025
Saudi Arabia (USD mn) -65,333.333 2025 yearly 1969 - 2025
Serbia (USD mn) 6.775 Nov 2025 monthly Jan 2005 - Nov 2025
Singapore (USD mn) -7,923.530 Dec 2025 monthly Apr 2011 - Dec 2025
Slovakia (USD mn) 312.189 Dec 2025 monthly Jan 2005 - Dec 2025
Slovenia (USD mn) -850.675 Dec 2025 monthly Jan 2000 - Dec 2025
South Africa (USD mn) 3,768.632 Dec 2025 monthly Jan 1990 - Dec 2025
Spain (USD mn) 18,617.397 Sep 2025 quarterly Mar 1995 - Sep 2025
Sri Lanka (%) -4.738 Sep 2025 quarterly Dec 2014 - Sep 2025
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) -9,465.294 2024 yearly 1995 - 2024
Switzerland (USD mn) 4,838.441 2025 yearly 1990 - 2025

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.9 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue (USD mn) 443.232 Nov 2025 monthly Jan 1995 - Nov 2025
Tax Revenue: % of GDP (%) 6.6 Sep 2025 quarterly Mar 2007 - Sep 2025
National Government Debt (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Central Government Revenue: Current Revenue: Tax (PAB th) 443,231.781 Nov 2025 monthly Jan 1995 - Nov 2025
Central Government Revenue: Current Revenue (PAB th) 574,666.447 Nov 2025 monthly Jan 1995 - Nov 2025
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 219,865.927 Nov 2025 monthly Jan 1995 - Nov 2025
Public Debt: Domestic (USD mn) 10,668.532 Dec 2025 monthly Jul 2004 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -972.5 Nov 2025 monthly Jan 1964 - Nov 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) 1.3 Nov 2025 monthly Jan 2001 - Nov 2025
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,042.9 Nov 2025 monthly Jan 2000 - Nov 2025
Total Imports Growth (%) -2.0 Nov 2025 monthly Jan 2001 - Nov 2025
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 32.781 Sep 2025 monthly Jan 1970 - Sep 2025
Total Imports from USA (USD mn) 246.281 Sep 2025 monthly Jan 1967 - Sep 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 192.320 Sep 2025 monthly Mar 1989 - Sep 2025
Exports: FOB: Prawn (PAB th) 12,896.144 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Banana (PAB th) 2,293.212 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Seafood Products (PAB th) 4,864.801 Nov 2025 monthly Jan 2002 - Nov 2025
Exports: FOB (PAB th) 70,409.644 Nov 2025 monthly Jan 2000 - Nov 2025
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 128.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Current Account Balance (USD mn) -502.9 Sep 2025 quarterly Mar 1998 - Sep 2025
Current Account Balance: % of GDP (%) -2.3 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Direct Investment (USD mn) 676.4 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Direct Investment: % of GDP (%) 3.1 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.0 Sep 2025 quarterly Mar 2007 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2025 quarterly Mar 2013 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
External Debt (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
External Debt: % of GDP (%) 169.8 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 (%) 59.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.036 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -75,811.580 Sep 2025 quarterly Mar 2002 - Sep 2025
BoP: Net Errors and Omissions (PAB mn) -1,228.288 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Credit (PAB mn) 4,179.957 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods (PAB mn) -3,116.496 Sep 2025 quarterly Mar 2013 - Sep 2025
Balance of Payment (BoP): Current Account (CA) (PAB mn) -502.946 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Debit (PAB mn) -1,502.052 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Goods: Debit (PAB mn) -7,296.453 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services (PAB mn) 4,132.275 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income (PAB mn) -1,457.621 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Credit (PAB mn) 1,103.205 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financial Account (FA) (PAB mn) 1,301.970 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Credit (PAB mn) 0.374 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Financing: Reserve Assets (PAB mn) 466.385 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Services: Credit (PAB mn) 5,634.327 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 665.035 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Direct Investment (PAB mn) 548.322 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: FA: Portfolio Investment: Assets (PAB mn) -2,194.910 Sep 2025 quarterly Mar 2013 - Sep 2025
BoP: CA: Income: Debit (PAB mn) -2,560.827 Sep 2025 quarterly Mar 2013 - Sep 2025
International Investment Position (IIP) (USD mn) -75,811.580 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Liabilities (USD mn) 193,078.165 Sep 2025 quarterly Mar 2015 - Sep 2025
IIP: Assets (USD mn) 117,266.585 Sep 2025 quarterly Mar 2015 - Sep 2025
Foreign Direct Investment (FDI) (PAB mn) 676.356 Sep 2025 quarterly Mar 2013 - Sep 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Nov 2025 monthly Dec 2008 - Nov 2025
Household Debt: % of GDP (%) 37.7 Sep 2025 quarterly Dec 2007 - Sep 2025
Non-Performing Loans (USD mn) 1,598.833 Nov 2025 monthly Dec 2008 - Nov 2025
Money Supply M1 (USD mn) 9,066.270 Nov 2025 monthly Dec 2002 - Nov 2025
Money Supply M2 (USD mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
M2 Growth (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Foreign Exchange Reserves (USD mn) 5,644.2 Dec 2025 monthly Oct 1969 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 4.178 Sep 2025 quarterly Dec 2007 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 5.2 Nov 2025 monthly Jan 2000 - Nov 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 115,131.706 Nov 2025 monthly Dec 1998 - Nov 2025
Total Deposits Growth (%) 7.2 Nov 2025 monthly Dec 1999 - Nov 2025
Domestic Credit (USD mn) 64,958.0 Nov 2025 monthly Dec 2001 - Nov 2025
Domestic Credit Growth (%) 1.2 Nov 2025 monthly Dec 2002 - Nov 2025
Household Debt (USD mn) 33,969.4 Nov 2025 monthly Oct 2005 - Nov 2025
Total Loans (USD mn) 102,722.968 Nov 2025 monthly Dec 1998 - Nov 2025
Total Loans Growth (%) 5.67 Nov 2025 monthly Dec 1999 - Nov 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,458.796 Nov 2025 monthly Dec 2002 - Nov 2025

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