Government Budget in Panama decreased to -9.23 percent of GDP in 2020 from -3.80 percent of GDP in 2019. source: Ministry of Finance, Panama

Government Budget in Panama averaged -2 percent of GDP from 1993 until 2020, reaching an all time high of 3.45 percent of GDP in 2007 and a record low of -9.23 percent of GDP in 2020. This page provides - Panama Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Government Budget - values, historical data and charts - was last updated on June of 2022.

Government Budget in Panama is expected to reach -4.30 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Government Budget is projected to trend around -3.50 percent of GDP in 2022, according to our econometric models.

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Panama Government Budget



Related Last Previous Unit Reference
Government Debt to GDP 69.82 46.44 percent of GDP Dec 2020
Government Budget -9.23 -3.80 percent of GDP Dec 2020

Panama Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-9.23 -3.80 3.45 -9.23 1993 - 2020 percent of GDP Yearly