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) 643.111 Aug 2024 monthly Dec 1997 - Aug 2024
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) 3.706 Aug 2024 monthly Jan 1993 - Aug 2024
Armenia (USD mn) -177.833 Jul 2024 monthly Jan 2008 - Jul 2024
Australia (USD mn) -4,711.083 Jun 2024 quarterly Sep 2002 - Jun 2024
Austria (USD mn) -4,733.947 Jun 2024 quarterly Mar 2001 - Jun 2024
Azerbaijan (USD mn) 1,682.941 Aug 2024 monthly Dec 2004 - Aug 2024
Bahrain (USD mn) -2,201.763 2023 yearly 1990 - 2023
Bangladesh (USD mn) -968.696 Jun 2024 monthly Jul 2008 - Jun 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 (%) 2.840 Jun 2024 quarterly Dec 2008 - Jun 2024
Botswana (USD mn) -37.355 Jun 2023 monthly Apr 2007 - Jun 2023
Brazil (USD mn) -14,207.851 Aug 2024 monthly Jan 1997 - Aug 2024
Brunei (USD mn) -1,794.468 2023 yearly 2003 - 2023
Bulgaria (%) -3.363 Jun 2024 quarterly Sep 2003 - Jun 2024
Cambodia (USD mn) -64.157 Jun 2024 monthly Jan 2007 - Jun 2024
Canada (USD mn) -3,217.150 Jul 2024 monthly May 1992 - Jul 2024
Chile (USD mn) -7,629.972 2023 yearly 1990 - 2023
China (USD mn) -88,450.507 Aug 2024 monthly Jan 1995 - Aug 2024
Colombia (USD mn) -11,124.180 Dec 2023 quarterly Mar 1995 - Dec 2023
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) 604.557 Aug 2024 monthly Jan 2014 - Aug 2024
Czech Republic (USD mn) -151.573 Jun 2024 quarterly Mar 1999 - Jun 2024
Denmark (USD mn) 4,208.851 Jun 2024 quarterly Mar 1999 - Jun 2024
Ecuador (USD mn) 1,157.610 Jun 2024 quarterly Mar 2000 - Jun 2024
Egypt (USD mn) -5,375.256 Aug 2024 monthly Jan 2005 - Aug 2024
Estonia (USD mn) -218.648 Jun 2024 quarterly Mar 1999 - Jun 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) -42,828.595 Jun 2024 quarterly Mar 1957 - Jun 2024
Georgia (USD mn) -44.452 Aug 2024 monthly Jan 2006 - Aug 2024
Germany (USD mn) -16,035.289 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (USD mn) -305.529 Jun 2024 monthly Jan 2008 - Jun 2024
Greece (USD mn) -2,861.066 Mar 2024 quarterly Mar 1999 - Mar 2024
Hong Kong SAR, China (USD mn) -5,156.079 Jul 2024 monthly Oct 1998 - Jul 2024
Hungary (USD mn) -2,983.604 Mar 2024 quarterly Mar 1999 - Mar 2024
Iceland (USD mn) -600.101 Jun 2024 quarterly Mar 2002 - Jun 2024
India (USD mn) 18,862.736 Aug 2024 monthly Apr 1997 - Aug 2024
Indonesia (USD mn) -3,821.269 Aug 2024 monthly Jan 2014 - Aug 2024
Iran (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
Ireland (USD mn) 587.191 Mar 2024 quarterly Mar 2000 - Mar 2024
Israel (USD mn) -2,359.349 Sep 2024 monthly Jan 1999 - Sep 2024
Italy (USD mn) -19,541.630 Jun 2024 quarterly Mar 1999 - Jun 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) -2,091.387 Jul 2024 monthly Nov 2007 - Jul 2024
Kenya (%) -2.140 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (USD mn) 1,471.760 Aug 2024 monthly Jul 1999 - Aug 2024
Kosovo (USD mn) 49.040 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) -5,077.511 2023 yearly 1988 - 2023
Kyrgyzstan (USD mn) -18.206 Jul 2024 monthly Jan 2007 - Jul 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) 283.110 Jun 2024 quarterly Mar 1999 - Jun 2024
Luxembourg (%) -1.252 2023 yearly 1995 - 2023
Macau SAR, China (%) -5.080 Sep 2023 quarterly Dec 2003 - Sep 2023
North Macedonia (USD mn) -685.568 2023 yearly 2009 - 2023
Malawi (USD mn) 7.888 Jul 2024 monthly Oct 2005 - Jul 2024
Malaysia (USD mn) -27,183.026 2022 yearly 1970 - 2022
Malta (USD mn) -64.265 Mar 2024 quarterly Mar 1999 - Mar 2024
Mauritius (%) -6.078 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (USD mn) -229.524 Aug 2024 monthly Jan 1977 - Aug 2024
Moldova (USD mn) -857.246 2023 yearly 1998 - 2023
Mongolia (USD mn) -0.344 Aug 2024 monthly Jan 2000 - Aug 2024
Montenegro (USD mn) 56.264 Aug 2024 monthly Jan 2012 - Aug 2024
Morocco (USD mn) -3,566.802 Jul 2024 monthly Jan 2000 - Jul 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) -1,524.588 Jun 2024 quarterly Mar 2017 - Jun 2024
Netherlands (USD mn) 5,295.575 Jun 2024 quarterly Mar 1999 - Jun 2024
New Zealand (USD mn) -2,917.988 Mar 2024 quarterly Mar 1999 - Mar 2024
Nigeria (USD mn) -1,701.594 Mar 2024 quarterly Mar 2005 - Mar 2024
Norway (USD mn) 19,728.007 Jun 2024 quarterly Mar 2002 - Jun 2024
Oman (USD mn) 122.237 Aug 2024 monthly Jun 2003 - Aug 2024
Pakistan (USD mn) -13,794.405 2024 yearly 1991 - 2024
Palestinian Territory (USD mn) -619.800 2020 yearly 2010 - 2020
Panama (USD mn) -2,462.500 2023 yearly 2003 - 2023
Paraguay (USD mn) -108.123 Aug 2024 monthly Jan 2003 - Aug 2024
Peru (USD mn) -731.198 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (USD mn) -947.765 Aug 2024 monthly Jan 1985 - Aug 2024
Poland (USD mn) -41,352.470 2023 yearly 1995 - 2023
Portugal (USD mn) 1,888.256 Jun 2024 quarterly Mar 1995 - Jun 2024
Qatar (USD mn) 705.220 Jun 2024 quarterly Mar 2011 - Jun 2024
Romania (%) -6.908 Jun 2024 quarterly Dec 2004 - Jun 2024
Russia (USD mn) 8,454.052 Aug 2024 monthly Jan 1993 - Aug 2024
Saudi Arabia (USD mn) -21,585.731 2023 yearly 1969 - 2023
Serbia (USD mn) -458.022 Aug 2024 monthly Jan 2005 - Aug 2024
Singapore (USD mn) 5,506.995 Aug 2024 monthly Apr 2011 - Aug 2024
Slovakia (USD mn) 2,187.932 Sep 2024 monthly Jan 2005 - Sep 2024
Slovenia (USD mn) 110.775 Aug 2024 monthly Jan 2000 - Aug 2024
South Africa (USD mn) -1,075.631 Aug 2024 monthly Jan 1990 - Aug 2024
Spain (USD mn) -6,632.767 Mar 2024 quarterly Mar 1995 - Mar 2024
Sri Lanka (%) -5.667 Jun 2024 quarterly Dec 2014 - Jun 2024
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) -3,650.675 2023 yearly 1995 - 2023
Switzerland (USD mn) 1,765.601 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) 324.482 Aug 2024 monthly Jan 1995 - Aug 2024
Tax Revenue: % of GDP (%) 6.7 Jun 2024 quarterly Mar 2007 - Jun 2024
National Government Debt (USD mn) 51,860.5 Jul 2024 monthly Jul 2004 - Jul 2024
Government Debt: % of GDP (%) 61.2 Jun 2024 quarterly Dec 2007 - Jun 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 (PAB th) 324,482.432 Aug 2024 monthly Jan 1995 - Aug 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 126,490.852 Aug 2024 monthly Jan 1995 - Aug 2024
Central Government Revenue: Current Revenue (PAB th) 416,985.014 Aug 2024 monthly Jan 1995 - Aug 2024
Public Debt: Domestic (USD mn) 8,469.450 Jul 2024 monthly Jul 2004 - Jul 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,146.3 Jul 2024 monthly Jan 1964 - Jul 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -76.4 Jun 2024 monthly Jan 2001 - Jun 2024
Aluminum: Exports (USD th) 4,900.259 2023 yearly 1995 - 2023
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) 1,244.0 Jul 2024 monthly Jan 2000 - Jul 2024
Total Imports Growth (%) 4.4 Jul 2024 monthly Jan 2001 - Jul 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) 36.333 Jun 2024 monthly Jan 1970 - Jun 2024
Total Imports from USA (USD mn) 3.289 Jun 2024 monthly Jan 1967 - Jun 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 7.356 Jun 2024 monthly Mar 1989 - Jun 2024
Exports: FOB: Prawn (PAB th) 7,973.978 Jun 2024 monthly Jan 2000 - Jun 2024
Exports: FOB: Banana (PAB th) 11,437.554 Jun 2024 monthly Jan 2000 - Jun 2024
Exports: FOB: Seafood Products (PAB th) 10,878.062 Jun 2024 monthly Jan 2002 - Jun 2024
Exports: FOB (PAB th) 81,166.739 Jun 2024 monthly Jan 2000 - Jun 2024
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) 94.7 Jun 2024 quarterly Mar 2013 - Jun 2024
Current Account Balance (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Current Account Balance: % of GDP (%) 2.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Direct Investment (USD mn) 731.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment: % of GDP (%) 3.8 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
External Debt (USD mn) 43,391.0 Jul 2024 monthly Jul 2004 - Jul 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) -74,373.797 Jun 2024 quarterly Mar 2002 - Jun 2024
BoP: Net Errors and Omissions (PAB mn) -1,074.780 Jun 2024 quarterly Mar 2013 - Jun 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 434.679 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Credit (PAB mn) 3,860.024 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services (PAB mn) 3,793.233 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Debit (PAB mn) -1,204.292 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Credit (PAB mn) 4,997.525 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Debit (PAB mn) -6,501.463 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods (PAB mn) -2,641.439 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Credit (PAB mn) 1,040.920 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income (PAB mn) -699.429 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Debit (PAB mn) -1,740.348 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Credit (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financing: Reserve Assets (PAB mn) 2,511.505 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Direct Investment (PAB mn) 637.235 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financial Account (FA) (PAB mn) -1,712.281 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,071.876 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
International Investment Position (IIP) (USD mn) -74,373.797 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Assets (USD mn) 104,112.057 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Liabilities (USD mn) 178,485.854 Jun 2024 quarterly Mar 2015 - Jun 2024
Foreign Direct Investment (FDI) (PAB mn) 731.906 Jun 2024 quarterly Mar 2013 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Aug 2024 monthly Dec 2008 - Aug 2024
Household Debt: % of GDP (%) 38.2 Jun 2024 quarterly Dec 2007 - Jun 2024
Non-Performing Loans (USD mn) 1,506.308 Aug 2024 monthly Dec 2008 - Aug 2024
Money Supply M1 (USD mn) 8,749.080 Jul 2024 monthly Dec 2002 - Jul 2024
Money Supply M2 (USD mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
M2 Growth (%) 8.7 Jul 2024 monthly Dec 2003 - Jul 2024
Foreign Exchange Reserves (USD mn) 4,502.2 Jul 2024 monthly Oct 1969 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 5.729 Jun 2024 quarterly Dec 2007 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 3.6 Jul 2024 monthly Jan 2000 - Jul 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 105,722.272 Aug 2024 monthly Dec 1998 - Aug 2024
Total Deposits Growth (%) 4.2 Aug 2024 monthly Dec 1999 - Aug 2024
Domestic Credit (USD mn) 63,079.0 Aug 2024 monthly Dec 2001 - Aug 2024
Domestic Credit Growth (%) 5.0 Aug 2024 monthly Dec 2002 - Aug 2024
Household Debt (USD mn) 32,516.0 Aug 2024 monthly Oct 2005 - Aug 2024
Total Loans (USD mn) 94,666.285 Aug 2024 monthly Dec 1998 - Aug 2024
Total Loans Growth (%) 7.09 Aug 2024 monthly Dec 1999 - Aug 2024
Private Debt: % of Nominal GDP (%) 69.20 Jun 2024 quarterly Dec 2007 - Jun 2024
Money Supply: M3 (PAB mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,911.483 Aug 2024 monthly Dec 2002 - Aug 2024

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