Panama recorded a Government Debt to GDP of 56.60 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Panama averaged 58.74 percent of GDP from 1991 until 2024, reaching an all time high of 115.75 percent of GDP in 1991 and a record low of 34.69 percent of GDP in 2013. source: Ministry of Finance, Panama

Government Debt to GDP in Panama is expected to reach 58.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Government Debt to GDP is projected to trend around 57.00 percent of GDP in 2026 and 56.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 53.00 Feb 2026
Government Budget -7.35 -3.93 percent of GDP Dec 2024
Government Debt to GDP 56.60 52.39 percent of GDP Dec 2024
Holidays
Military Expenditure 0.00 0.00 USD Million Dec 2024


Panama Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
56.60 52.39 115.75 34.69 1991 - 2024 percent of GDP Yearly