Panama Consolidated Fiscal Balance: % of GDP
Key information about Panama Consolidated Fiscal Balance: % of GDP
- Panama Consolidated Fiscal Balance recorded a deficit equal to 6.6 % of its Nominal GDP in Dec 2024, compared with a deficit equal to 4.1 % in the previous year
- Panama Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 2003 to Dec 2024, with an average ratio of -2.3 %
- The data reached an all-time high of 3.2 % in Dec 2007 and a record low of -9.4 % in Dec 2020
Further information about Panama Consolidated Fiscal Balance: % of GDP
- In the latest reports, Panama National Government Debt reached 59.3 USD bn in Dec 2025
- Panama Nominal GDP reached 20.1 USD bn in Jun 2025
View Panama's Consolidated Fiscal Balance: % of GDP from 2003 to 2024 in the chart:
What was Panama's Consolidated Fiscal Balance: % of GDP in 2024?
Panama Consolidated Fiscal Balance recorded a deficit equal to 6.6 % of its Nominal GDP in Dec 2024, compared with a deficit equal to 4.1 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -6.6 2024 | -4.1 2023 | -9.4 2020 | 3.2 2007 | % | yearly | 2003 - 2024 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -0.7 2024 | yearly | 1997 - 2024 |
| Algeria (%) | -2.6 2022 | yearly | 1994 - 2022 |
| Argentina (%) | 0.3 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Armenia (%) | -3.4 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Australia (%) | -3.2 Sep 2025 | quarterly | Jun 2003 - Sep 2025 |
| Austria (%) | -4.6 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -4.8 2023 | yearly | 1998 - 2023 |
| Bangladesh (%) | -4.7 2024 | yearly | 2006 - 2024 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -4.5 2024 | yearly | 1970 - 2024 |
| Bolivia (%) | -11.2 2024 | yearly | 1990 - 2024 |
| Bosnia and Herzegovina (%) | 1.8 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Botswana (%) | -2.3 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Brazil (%) | -7.4 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Brunei (%) | -13.3 2024 | yearly | 2000 - 2024 |
| Bulgaria (%) | -4.3 Sep 2025 | quarterly | Sep 2003 - Sep 2025 |
| Cambodia (%) | -4.1 2023 | yearly | 2007 - 2023 |
| Canada (%) | -1.3 Sep 2025 | quarterly | Jun 1993 - Sep 2025 |
| Chile (%) | -2.8 2024 | yearly | 1990 - 2024 |
| China (%) | -5.1 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Colombia (%) | -6.9 Jun 2025 | quarterly | Dec 2000 - Jun 2025 |
| Croatia (%) | -2.4 2024 | yearly | 2002 - 2024 |
| Cyprus (%) | 3.5 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Czech Republic (%) | -2.0 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Denmark (%) | 3.5 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Ecuador (%) | -2.9 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Estonia (%) | -1.1 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| European Union (%) | -3.1 2024 | yearly | 1995 - 2024 |
| Finland (%) | -3.4 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| France (%) | -5.6 Sep 2025 | quarterly | Dec 1949 - Sep 2025 |
| Georgia (%) | -1.3 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Germany (%) | -2.3 Sep 2025 | quarterly | Dec 1991 - Sep 2025 |
| Ghana (%) | -1.5 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | 1.3 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| Hungary (%) | -3.4 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| Iceland (%) | -1.2 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| India (%) | -4.9 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Indonesia (%) | -2.9 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Iran (%) | -3.4 Mar 2021 | quarterly | Mar 2006 - Mar 2021 |
| Ireland (%) | 1.4 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Israel (%) | -4.8 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Italy (%) | -3.5 Mar 2025 | quarterly | Dec 1999 - Mar 2025 |
| Ivory Coast (%) | -4.0 2024 | yearly | 1960 - 2024 |
| Japan (%) | -4.6 2026 | yearly | 1996 - 2026 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -0.2 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Kenya (%) | -6.6 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| South Korea (%) | -2.1 Sep 2025 | quarterly | Jun 2000 - Sep 2025 |
| Kosovo (%) | 0.2 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Kuwait (%) | -2.1 2024 | yearly | 1988 - 2024 |
| Kyrgyzstan (%) | 7.5 Sep 2025 | monthly | Jan 2007 - Sep 2025 |
| Laos (%) | 2.3 2024 | yearly | 2012 - 2024 |
| Latvia (%) | -2.2 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Lebanon (%) | 0.9 2021 | yearly | 1992 - 2021 |
| Lithuania (%) | -1.8 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| Luxembourg (%) | 0.9 2024 | yearly | 1995 - 2024 |
| Macau SAR, China (%) | 7.9 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| North Macedonia (%) | -4.6 2024 | yearly | 1993 - 2024 |
| Malawi (%) | -1.3 Sep 2025 | monthly | Apr 2005 - Sep 2025 |
| Malaysia (%) | -6.4 2024 | yearly | 1970 - 2024 |
| Malta (%) | -3.9 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Mauritius (%) | -8.8 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Mexico (%) | -4.1 Sep 2025 | quarterly | Dec 1980 - Sep 2025 |
| Moldova (%) | -3.9 2024 | yearly | 1998 - 2024 |
| Mongolia (%) | -4.2 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Montenegro (%) | -5.1 Sep 2025 | quarterly | Dec 2012 - Sep 2025 |
| Morocco (%) | -3.9 2024 | yearly | 1980 - 2024 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -2.8 2023 | yearly | 1986 - 2023 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -1.4 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| New Zealand (%) | -1.0 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Nigeria (%) | -4.0 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Norway (%) | 12.8 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Oman (%) | 2.3 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Pakistan (%) | -2.6 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 1.2 2024 | yearly | 2010 - 2024 |
| Panama (%) | -6.6 2024 | yearly | 2003 - 2024 |
| Paraguay (%) | -0.5 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| Peru (%) | -2.5 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Philippines (%) | -6.0 Sep 2025 | quarterly | Dec 1985 - Sep 2025 |
| Poland (%) | -6.5 2024 | yearly | 1995 - 2024 |
| Portugal (%) | 0.4 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Qatar (%) | -0.7 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Romania (%) | -8.5 Sep 2025 | quarterly | Dec 2004 - Sep 2025 |
| Russia (%) | -4.4 Sep 2025 | quarterly | Dec 1993 - Sep 2025 |
| Saudi Arabia (%) | -2.8 2024 | yearly | 1969 - 2024 |
| Serbia (%) | -2.8 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Singapore (%) | 3.0 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -2.1 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| South Africa (%) | -4.1 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Spain (%) | -2.9 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Sri Lanka (%) | -4.7 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | -1.6 2024 | yearly | 1995 - 2024 |
| Switzerland (%) | 0.5 2024 | yearly | 1990 - 2024 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -6.6 2024 | yearly | 2003 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -3,320.820 2025 | yearly | 2003 - 2025 |
| 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 (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 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 443,231.781 Nov 2025 | monthly | Jan 1995 - Nov 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) | 12.518 Oct 2025 | monthly | Jan 1970 - Oct 2025 |
| Total Imports from USA (USD mn) | 217.715 Oct 2025 | monthly | Jan 1967 - Oct 2025 |
| Total Exports to China (USD mn) | 1,194.503 2022 | yearly | 1999 - 2022 |
| Total Imports from China (USD mn) | 170.014 Oct 2025 | monthly | Mar 1989 - Oct 2025 |
| Exports: FOB: Seafood Products (PAB th) | 4,864.801 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Exports: FOB: Prawn (PAB th) | 12,896.144 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Exports: FOB (PAB th) | 70,409.644 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Exports: FOB: Banana (PAB th) | 2,293.212 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Exports: FOB: America: NAFTA: Mexico (PAB th) | 30,335.000 2021 | yearly | 1999 - 2021 |
| Exports: FOB: Asia: Rest of Asia: China (PAB th) | 1,072,958.000 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: CA: Services: Debit (PAB mn) | -1,502.052 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: Financial Account (FA) (PAB mn) | 1,301.970 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: CA: Income: Debit (PAB mn) | -2,560.827 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 (PAB mn) | 4,132.275 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: FA: Direct Investment (PAB mn) | 548.322 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: Net Errors and Omissions (PAB mn) | -1,228.288 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: Capital Account: Credit (PAB mn) | 0.374 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: Income (PAB mn) | -1,457.621 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: Goods (PAB mn) | -3,116.496 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: 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: FA: Portfolio Investment: Liabilities (PAB mn) | 665.035 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: Credit (PAB mn) | 5,634.327 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| International Investment Position (IIP) (USD mn) | -75,811.580 Sep 2025 | quarterly | Mar 2015 - Sep 2025 |
| IIP: Assets (USD mn) | 117,266.585 Sep 2025 | quarterly | Mar 2015 - Sep 2025 |
| IIP: Liabilities (USD mn) | 193,078.165 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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