Panama Forecast: Government Expenditure
1994 - 2028 | Yearly | PAB bn | International Monetary Fund
Key information about Panama Forecast: Government Expenditure
- Panama Government Expenditure is forecasted to be 18.114 PAB bn in Dec 2024 as reported by International Monetary Fund.
- It records an increase from the last reported number of 18.616 PAB bn in Dec 2023.
- Looking ahead, Panama Government Expenditure is projected to stand at 22.880 PAB bn in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Panama's Forecast: Government Expenditure from 1994 to 2028 in the chart:
What is Panama's Forecast: Government Expenditure in 2028?
Panama Government Expenditure is forecasted to be 18.114 PAB bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 22.880 2028 | 21.488 2027 | 1.855 1996 | 22.880 2028 | PAB bn | yearly | 1994 - 2028 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 219.373 2021 | yearly | 2002 - 2021 |
| Albania (ALL bn) | 1,003.860 2028 | yearly | 1997 - 2028 |
| Algeria (DZD bn) | 16,122.290 2028 | yearly | 1990 - 2028 |
| Andorra (%) | 36.271 2028 | yearly | 2001 - 2028 |
| Angola (AOA bn) | 25,453.760 2028 | yearly | 1996 - 2028 |
| Antigua and Barbuda (XCD bn) | 1.537 2028 | yearly | 1990 - 2028 |
| Argentina (ARS bn) | 553,829.690 2028 | yearly | 1993 - 2028 |
| Armenia (AMD bn) | 4,073.820 2028 | yearly | 2005 - 2028 |
| Aruba (%) | 21.292 2028 | yearly | 1995 - 2028 |
| Australia (AUD bn) | 1,137.330 2028 | yearly | 1988 - 2028 |
| Austria (EUR bn) | 295.369 2028 | yearly | 1988 - 2028 |
| Azerbaijan (AZN bn) | 46.691 2028 | yearly | 1994 - 2028 |
| Bahamas (BSD bn) | 3.946 2028 | yearly | 1990 - 2028 |
| Bahrain (BHD bn) | 5.301 2028 | yearly | 1990 - 2028 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 4.855 2029 | yearly | 1995 - 2029 |
| Belarus (BYN bn) | 101.428 2028 | yearly | 2001 - 2028 |
| Belgium (EUR bn) | 386.316 2028 | yearly | 1980 - 2028 |
| Belize (BZD bn) | 1.799 2028 | yearly | 1996 - 2028 |
| Benin (XOF bn) | 3,524.550 2028 | yearly | 1989 - 2028 |
| Bhutan (BTN bn) | 116.449 2028 | yearly | 1981 - 2028 |
| Bolivia (BOB bn) | 130.717 2028 | yearly | 1984 - 2028 |
| Bosnia and Herzegovina (BAM bn) | 26.003 2028 | yearly | 1998 - 2028 |
| Botswana (BWP bn) | 115.893 2029 | yearly | 1981 - 2029 |
| Brazil (BRL bn) | 6,554.330 2028 | yearly | 2001 - 2028 |
| Brunei (BND bn) | 6.082 2028 | yearly | 1980 - 2028 |
| Bulgaria (BGN bn) | 89.780 2028 | yearly | 1998 - 2028 |
| Burkina Faso (XOF bn) | 4,719.590 2028 | yearly | 1985 - 2028 |
| Burundi (BIF bn) | 6,350.970 2028 | yearly | 1990 - 2028 |
| Cambodia (KHR bn) | 53,931.190 2028 | yearly | 1996 - 2028 |
| Cameroon (XAF bn) | 6,596.640 2028 | yearly | 2000 - 2028 |
| Canada (CAD bn) | 1,420.940 2028 | yearly | 1980 - 2028 |
| Cape Verde (CVE bn) | 95.916 2028 | yearly | 1994 - 2028 |
| Central African Republic (XAF bn) | 401.735 2028 | yearly | 1988 - 2028 |
| Chad (XAF bn) | 1,610.710 2028 | yearly | 1995 - 2028 |
| Chile (CLP bn) | 94,645.820 2028 | yearly | 1990 - 2028 |
| China (RMB bn) | 58,979.220 2028 | yearly | 1982 - 2028 |
| Colombia (COP bn) | 710,187.230 2028 | yearly | 1982 - 2028 |
| Comoros (KMF bn) | 148.616 2028 | yearly | 1984 - 2028 |
| Congo (XAF bn) | 2,298.280 2028 | yearly | 1989 - 2028 |
| Costa Rica (CRC bn) | 11,254.490 2028 | yearly | 1990 - 2028 |
| Croatia (EUR bn) | 43.076 2028 | yearly | 1992 - 2028 |
| Cyprus (EUR bn) | 14.710 2028 | yearly | 1995 - 2028 |
| Czech Republic (CZK bn) | 4,115.800 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (CDF bn) | 54,625.080 2028 | yearly | 1996 - 2028 |
| Denmark (DKK bn) | 1,679.330 2028 | yearly | 1980 - 2028 |
| Djibouti (DJF bn) | 226.720 2028 | yearly | 1990 - 2028 |
| Dominica (XCD bn) | 1.070 2028 | yearly | 1990 - 2028 |
| Dominican Republic (DOP bn) | 1,795.320 2028 | yearly | 1997 - 2028 |
| Ecuador (USD bn) | 49.173 2028 | yearly | 1995 - 2028 |
| Egypt (EGP bn) | 7,851.790 2028 | yearly | 1999 - 2028 |
| El Salvador (SVC bn) | 12.864 2028 | yearly | 1990 - 2028 |
| Equatorial Guinea (XAF bn) | 1,407.840 2028 | yearly | 1980 - 2028 |
| Eritrea (ERN bn) | 9.338 2019 | yearly | 1992 - 2019 |
| Estonia (EUR bn) | 21.623 2028 | yearly | 1995 - 2028 |
| Swaziland (SZL bn) | 37.386 2029 | yearly | 1981 - 2029 |
| Ethiopia (ETB bn) | 2,997.770 2028 | yearly | 1980 - 2028 |
| Fiji (FJD bn) | 5.348 2028 | yearly | 1992 - 2028 |
| Finland (EUR bn) | 177.874 2028 | yearly | 1980 - 2028 |
| France (EUR bn) | 1,830.670 2028 | yearly | 1980 - 2028 |
| Gabon (XAF bn) | 3,095.810 2028 | yearly | 1990 - 2028 |
| Gambia (GMD bn) | 48.615 2028 | yearly | 2000 - 2028 |
| Georgia (GEL bn) | 33.921 2028 | yearly | 1995 - 2028 |
| Germany (EUR bn) | 2,361.670 2028 | yearly | 1991 - 2028 |
| Ghana (GHS bn) | 372.947 2028 | yearly | 1980 - 2028 |
| Greece (EUR bn) | 118.753 2028 | yearly | 1980 - 2028 |
| Grenada (XCD bn) | 1.293 2028 | yearly | 1990 - 2028 |
| Guatemala (GTQ bn) | 160.532 2028 | yearly | 1995 - 2028 |
| Guinea (GNF bn) | 65,837.330 2028 | yearly | 1990 - 2028 |
| Guinea-Bissau (GWP bn) | 349.819 2028 | yearly | 1991 - 2028 |
| Guyana (GYD bn) | 905.157 2028 | yearly | 1997 - 2028 |
| Haiti (HTG bn) | 671.181 2028 | yearly | 1997 - 2028 |
| Honduras (HNL bn) | 331.467 2028 | yearly | 1990 - 2028 |
| Hong Kong SAR, China (HKD bn) | 899.376 2029 | yearly | 1982 - 2029 |
| Hungary (HUF bn) | 45,892.500 2028 | yearly | 1995 - 2028 |
| Iceland (ISK bn) | 2,331.340 2028 | yearly | 1980 - 2028 |
| India (INR bn) | 134,808.530 2029 | yearly | 1989 - 2029 |
| Indonesia (IDR bn) | 5,143,598.410 2028 | yearly | 1993 - 2028 |
| Iran (IRR bn) | 88,375,352.640 2029 | yearly | 1991 - 2029 |
| Iraq (IQD bn) | 179,493.930 2028 | yearly | 2004 - 2028 |
| Ireland (EUR bn) | 149.589 2028 | yearly | 1980 - 2028 |
| Israel (ILS bn) | 976.730 2028 | yearly | 2000 - 2028 |
| Italy (EUR bn) | 1,156.730 2028 | yearly | 1988 - 2028 |
| Ivory Coast (XOF bn) | 14,790.110 2028 | yearly | 1997 - 2028 |
| Jamaica (JMD bn) | 1,158.660 2029 | yearly | 1991 - 2029 |
| Japan (JPY bn) | 268,418.980 2028 | yearly | 1980 - 2028 |
| Jordan (JOD bn) | 13.878 2028 | yearly | 1985 - 2028 |
| Kazakhstan (KZT bn) | 41,918.930 2028 | yearly | 2002 - 2028 |
| Kenya (KES bn) | 5,655.330 2028 | yearly | 1982 - 2028 |
| Kiribati (AUD bn) | 0.502 2028 | yearly | 1990 - 2028 |
| South Korea (KRW bn) | 679,848.650 2028 | yearly | 1995 - 2028 |
| Kosovo (EUR bn) | 3.968 2028 | yearly | 2000 - 2028 |
| Kuwait (KWD bn) | 28.396 2028 | yearly | 1985 - 2028 |
| Kyrgyzstan (KGS bn) | 632.600 2028 | yearly | 1995 - 2028 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (EUR bn) | 21.865 2028 | yearly | 1998 - 2028 |
| Lebanon (LBP bn) | 61,857.670 2022 | yearly | 1990 - 2022 |
| Lesotho (LSL bn) | 31.496 2029 | yearly | 1983 - 2029 |
| Liberia (LRD bn) | 1.645 2028 | yearly | 2000 - 2028 |
| Libya (LYD bn) | 131.563 2028 | yearly | 1990 - 2028 |
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| 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) | 402.772 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Tax Revenue: % of GDP (%) | 9.6 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| National Government Debt (USD mn) | 49,808.0 Feb 2024 | monthly | Jul 2004 - Feb 2024 |
| Government Debt: % of GDP (%) | 56.4 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Forecast: Government Expenditure (PAB bn) | 22.880 2028 | yearly | 1994 - 2028 |
| Forecast: Government Net Debt (PAB bn) | 53.964 2028 | yearly | 1994 - 2028 |
| Forecast: Government Revenue (PAB bn) | 21.239 2028 | yearly | 1994 - 2028 |
| Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 183,964.393 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Central Government Revenue: Current Revenue (PAB th) | 493,810.833 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Central Government Revenue: Current Revenue: Tax (PAB th) | 402,771.625 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,031.9 Jan 2024 | monthly | Jan 1964 - Jan 2024 |
| Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
| Total Exports Growth (%) | -75.7 Jan 2024 | monthly | Jan 2001 - Jan 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) | 1,094.8 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Total Imports Growth (%) | -4.5 Jan 2024 | monthly | Jan 2001 - Jan 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) | 17.278 Dec 2023 | monthly | Jan 1970 - Dec 2023 |
| Total Imports from USA (USD mn) | 182.677 Dec 2023 | monthly | Jan 1967 - Dec 2023 |
| Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
| Total Imports from China (USD mn) | 146.475 Dec 2023 | monthly | Mar 1989 - Dec 2023 |
| 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) | 150.6 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Current Account Balance (USD mn) | -4,356.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Current Account Balance: % of GDP (%) | -18.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 779.1 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 3.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 5.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| External Debt (USD mn) | 42,844.3 Feb 2024 | monthly | Jul 2004 - Feb 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) | -72,069.421 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: Net Errors and Omissions (PAB mn) | 4,238.808 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Goods (PAB mn) | -6,856.914 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Balance of Payment (BoP): Current Account (CA) (PAB mn) | -4,356.507 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Goods: Debit (PAB mn) | -10,824.928 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Services (PAB mn) | 3,312.902 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Goods: Credit (PAB mn) | 3,968.015 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Income (PAB mn) | -751.392 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Income: Credit (PAB mn) | 1,015.783 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Capital Account (PAB mn) | 2.055 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Financing: Reserve Assets (PAB mn) | -2,018.107 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Services: Credit (PAB mn) | 4,899.518 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: FA: Direct Investment (PAB mn) | 628.537 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Services: Debit (PAB mn) | -1,586.616 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Capital Account: Credit (PAB mn) | 2.055 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: Financial Account (FA) (PAB mn) | 1,689.751 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 772.109 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| BoP: CA: Income: Debit (PAB mn) | -1,767.175 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| International Investment Position (IIP) (USD mn) | -72,069.421 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
| IIP: Assets (USD mn) | 102,675.995 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
| IIP: Liabilities (USD mn) | 174,745.416 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
| Foreign Direct Investment (FDI) (PAB mn) | 779.107 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.9 Feb 2024 | monthly | Dec 2008 - Feb 2024 |
| Household Debt: % of GDP (%) | 38.0 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Non-Performing Loans (USD mn) | 1,686.854 Feb 2024 | monthly | Dec 2008 - Feb 2024 |
| Money Supply M1 (USD mn) | 9,318.060 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
| Money Supply M2 (USD mn) | 39,528.840 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
| M2 Growth (%) | 3.9 Dec 2023 | monthly | Dec 2003 - Dec 2023 |
| Foreign Exchange Reserves (USD mn) | 8,144.7 Feb 2024 | monthly | Oct 1969 - Feb 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 7.368 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.0 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Gold Reserves (USD mn) | 0.000 Feb 2024 | monthly | Sep 1969 - Feb 2024 |
| Total Deposits (USD mn) | 104,069.234 Jan 2024 | monthly | Dec 1998 - Jan 2024 |
| Total Deposits Growth (%) | 9.0 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
| Domestic Credit (USD mn) | 61,225.8 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
| Domestic Credit Growth (%) | 4.7 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Household Debt (USD mn) | 32,052.6 Feb 2024 | monthly | Oct 2005 - Feb 2024 |
| Total Loans (USD mn) | 90,529.510 Jan 2024 | monthly | Dec 1998 - Jan 2024 |
| Total Loans Growth (%) | 5.98 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 68.65 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Money Supply: M3 (PAB mn) | 39,528.840 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
| LC: National Banking System: Private Sector: Mortgage (PAB mn) | 20,690.512 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
More Indicators for Panama
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Government and Public Finance
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Central Government Revenue
Defense and Official Development Assistance
IMF Account: Fund Position
IMF Account: Fund Position: Quarterly
Public Debt
Central Government Operations: Ministry of Economy and Finance
Central Government Operations: National Institute of Statistics and Census
Central Government Revenue: Current
Government Revenue, Expenditure and Finance
IMF Account: Fund Position: Annual
Non Financial Public Sector: Revenue and Expenditure
Public Debt: Annual