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Panama Fiscal Balance

-6.2% GDPas of 2024

Panama's fiscal balance stands at -6.2% GDP as of 2024. The indicator has decreased from -3% in 2014 to -6.2% in 2024. Source: IMF WEO.

Historical trend (20142024)

Fiscal Balance — Year by Year

YearValueChange
2014-3% GDP
2015-2.2% GDP+0.8pp
2016-1.8% GDP+0.4pp
2017-1.8% GDP0.0pp
2018-2.8% GDP-1.0pp
2019-2.7% GDP+0.1pp
2020-9.7% GDP-7.0pp
2021-6.4% GDP+3.3pp
2022-4% GDP+2.4pp
2023-3.9% GDP+0.1pp
2024-6.2% GDP-2.3pp
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for Panama

GDP Growth
2.7%
Inflation (CPI)
0.7%
Unemployment
8.5%
Debt / GDP
57.8%
Investment / GDP
33.5%

Fiscal Balance in other countries

🇺🇸
United States
-7.9% GDP
🇨🇦
Canada
-2.1% GDP
🇲🇽
Mexico
-5.8% GDP
🇩🇴
Dominican Republic
-3.1% GDP