Panama Consolidated Fiscal Balance: % of GDP
2003 - 2023 | Yearly | % | CEIC Data
Key information about Panama Consolidated Fiscal Balance: % of GDP
- Panama Consolidated Fiscal Balance recorded a deficit equal to 3.0 % of its Nominal GDP in Dec 2023, compared with a deficit equal to 4.0 % in the previous year
- Panama Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 2003 to Dec 2023, 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 49.8 USD bn in Feb 2024
- Panama Nominal GDP reached 18.1 USD bn in Sep 2022
View Panama's Consolidated Fiscal Balance: % of GDP from 2003 to 2023 in the chart:
What was Panama's Consolidated Fiscal Balance: % of GDP in 2023?
Panama Consolidated Fiscal Balance recorded a deficit equal to 3.0 % of its Nominal GDP in Dec 2023, compared with a deficit equal to 4.0 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -3.0 2023 | -4.0 2022 | -9.4 2020 | 3.2 2007 | % | yearly | 2003 - 2023 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
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Includes Consolidated Fiscal Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -3.7 2022 | yearly | 1997 - 2022 |
| Algeria (%) | -3.4 2022 | yearly | 1994 - 2022 |
| Argentina (%) | -4.4 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
| Armenia (%) | -1.9 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Australia (%) | -1.1 Dec 2023 | quarterly | Jun 2003 - Dec 2023 |
| Austria (%) | -2.7 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -7.0 2021 | yearly | 1998 - 2021 |
| Bangladesh (%) | -5.1 2023 | yearly | 2006 - 2023 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -3.9 2022 | yearly | 1970 - 2022 |
| Bolivia (%) | -5.8 2022 | yearly | 1990 - 2022 |
| Bosnia and Herzegovina (%) | 3.9 Sep 2023 | quarterly | Dec 2008 - Sep 2023 |
| Botswana (%) | 2.5 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Brazil (%) | -7.1 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| Brunei (%) | 1.3 2022 | yearly | 2010 - 2022 |
| Bulgaria (%) | -3.1 Dec 2023 | quarterly | Sep 2003 - Dec 2023 |
| Cambodia (%) | -0.2 2022 | yearly | 2007 - 2022 |
| Canada (%) | -2.1 Dec 2023 | quarterly | Jun 1993 - Dec 2023 |
| Chile (%) | -2.3 2023 | yearly | 1990 - 2023 |
| China (%) | -4.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Colombia (%) | 0.2 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| Croatia (%) | -2.6 2021 | yearly | 2002 - 2021 |
| Cyprus (%) | 3.2 Sep 2023 | quarterly | Dec 1995 - Sep 2023 |
| Czech Republic (%) | -3.3 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Denmark (%) | 3.1 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Ecuador (%) | -3.6 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Estonia (%) | -3.4 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| European Union (%) | -3.3 2022 | yearly | 1995 - 2022 |
| Finland (%) | -2.5 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| France (%) | -5.1 Sep 2023 | quarterly | Dec 1949 - Sep 2023 |
| Georgia (%) | -2.4 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Germany (%) | -2.1 Dec 2023 | quarterly | Dec 1991 - Dec 2023 |
| Ghana (%) | -4.6 Jun 2023 | quarterly | Dec 2008 - Jun 2023 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | -6.5 Dec 2023 | quarterly | Sep 1999 - Dec 2023 |
| Hungary (%) | -6.7 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Iceland (%) | 0.6 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| India (%) | -6.0 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Indonesia (%) | -1.7 Dec 2023 | quarterly | Dec 2014 - Dec 2023 |
| Iran (%) | -4.3 Mar 2021 | quarterly | Mar 2006 - Mar 2021 |
| Ireland (%) | 1.9 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| Israel (%) | -4.1 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Italy (%) | -7.2 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Ivory Coast (%) | -5.3 2023 | yearly | 1960 - 2023 |
| Japan (%) | -6.2 2024 | yearly | 1996 - 2024 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -0.5 Dec 2023 | quarterly | Dec 2008 - Dec 2023 |
| Kenya (%) | -2.1 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| South Korea (%) | -2.0 Sep 2023 | quarterly | Jun 2000 - Sep 2023 |
| Kosovo (%) | 0.2 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Kuwait (%) | 11.7 2022 | yearly | 1988 - 2022 |
| Kyrgyzstan (%) | 1.0 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Laos (%) | -0.3 2022 | yearly | 2012 - 2022 |
| Latvia (%) | -3.0 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Lebanon (%) | -4.3 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | -0.8 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Luxembourg (%) | -0.3 2022 | yearly | 1995 - 2022 |
| Macau SAR, China (%) | -5.1 Sep 2023 | quarterly | Dec 2003 - Sep 2023 |
| North Macedonia (%) | -4.5 2022 | yearly | 1993 - 2022 |
| Malawi (%) | -0.4 Jun 2023 | monthly | Apr 2005 - Jun 2023 |
| Malaysia (%) | -6.7 2022 | yearly | 1970 - 2022 |
| Malta (%) | -3.4 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| Mauritius (%) | -5.4 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Mexico (%) | -3.3 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
| Moldova (%) | -5.2 2023 | yearly | 1998 - 2023 |
| Mongolia (%) | 1.1 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Montenegro (%) | 0.2 Dec 2023 | quarterly | Dec 2012 - Dec 2023 |
| Morocco (%) | -11.8 2022 | yearly | 1980 - 2022 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -7.6 2021 | yearly | 1986 - 2021 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -0.1 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| New Zealand (%) | -0.6 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Nigeria (%) | -4.8 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Norway (%) | 16.3 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Oman (%) | 2.2 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Pakistan (%) | -7.9 2022 | yearly | 2000 - 2022 |
| Palestinian Territory (%) | -4.0 2020 | yearly | 2010 - 2020 |
| Panama (%) | -3.0 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | -1.5 Dec 2023 | quarterly | Dec 2003 - Dec 2023 |
| Peru (%) | -2.8 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
| Philippines (%) | -6.2 Dec 2023 | quarterly | Dec 1985 - Dec 2023 |
| Poland (%) | 5.1 2023 | yearly | 1995 - 2023 |
| Portugal (%) | 1.2 Dec 2023 | quarterly | Sep 1999 - Dec 2023 |
| Qatar (%) | 5.5 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Romania (%) | -5.6 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
| Russia (%) | -2.8 Sep 2023 | quarterly | Dec 1993 - Sep 2023 |
| Saudi Arabia (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Serbia (%) | -2.2 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Singapore (%) | 1.5 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -3.6 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| South Africa (%) | -6.0 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
| Spain (%) | -3.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Sri Lanka (%) | -10.5 Sep 2023 | quarterly | Dec 2014 - Sep 2023 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 0.7 2022 | yearly | 1995 - 2022 |
| Switzerland (%) | 0.5 2023 | yearly | 1990 - 2023 |
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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: Tax (PAB th) | 402,771.625 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Central Government Revenue: Current Revenue (PAB th) | 493,810.833 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) | 122.2 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| Current Account Balance (USD mn) | -5,854.6 Sep 2023 | quarterly | Mar 1998 - Sep 2023 |
| Current Account Balance: % of GDP (%) | -28.8 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Foreign Direct Investment (USD mn) | -176.4 Sep 2023 | quarterly | Mar 1998 - Sep 2023 |
| Foreign Direct Investment: % of GDP (%) | -0.9 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Foreign Portfolio Investment (USD mn) | 44.032 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 0.2 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 44.032 Sep 2023 | quarterly | Mar 2013 - Sep 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) | -73,105.081 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| BoP: Net Errors and Omissions (PAB mn) | 3,834.392 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| Balance of Payment (BoP): Current Account (CA) (PAB mn) | -5,854.602 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Goods (PAB mn) | -8,365.923 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Goods: Credit (PAB mn) | 4,746.572 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Services (PAB mn) | 3,487.795 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Services: Credit (PAB mn) | 4,976.487 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Goods: Debit (PAB mn) | -13,112.495 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Services: Debit (PAB mn) | -1,488.692 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Income (PAB mn) | -920.422 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Income: Credit (PAB mn) | 935.134 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: Capital Account (PAB mn) | 2.380 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: Capital Account: Credit (PAB mn) | 2.380 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: CA: Income: Debit (PAB mn) | -1,855.556 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: Financing: Reserve Assets (PAB mn) | 1,266.187 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: Financial Account (FA) (PAB mn) | 723.337 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: FA: Direct Investment (PAB mn) | -298.620 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 540.810 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | 44.032 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Sep 2023 | quarterly | Mar 2013 - Sep 2023 |
| International Investment Position (IIP) (USD mn) | -73,105.081 Sep 2023 | quarterly | Mar 2015 - Sep 2023 |
| IIP: Assets (USD mn) | 97,645.344 Sep 2023 | quarterly | Mar 2015 - Sep 2023 |
| IIP: Liabilities (USD mn) | 170,750.425 Sep 2023 | quarterly | Mar 2015 - Sep 2023 |
| Foreign Direct Investment (FDI) (PAB mn) | -176.394 Sep 2023 | quarterly | Mar 2013 - Sep 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
Central Government Operations: Ministry of Economy and Finance: Annual
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