Panama Government Revenue and Spending Over Time (1994–2026)

Global Statistics and Country Indicators

Government Revenue (% of GDP)

Global rank: 148 / 189

Data table

1994	30.9%	2005	20.9%	2016	19.5%
1995	31.9%	2006	23%	2017	19.3%
1996	27.1%	2007	25.4%	2018	18.9%
1997	26.2%	2008	23.4%	2019	17.7%
1998	24.7%	2009	22%	2020	17.3%
1999	24.5%	2010	22.7%	2021	17.3%
2000	26.9%	2011	21.7%	2022	17.4%
2001	24.7%	2012	21.7%	2023	17.5%
2002	24.1%	2013	21.2%	2024	16.9%
2003	23.3%	2014	19.9%	2025	17.3%
2004	19.9%	2015	19.2%	2026	18%

Government Revenue (Local currency - PAB)

Data table

1994	2.36B	2005	3.47B	2016	11.65B
1995	2.49B	2006	4.28B	2017	12.44B
1996	2.49B	2007	5.51B	2018	12.76B
1997	2.63B	2008	6.02B	2019	12.38B
1998	2.72B	2009	6.13B	2020	9.89B
1999	2.86B	2010	6.87B	2021	11.66B
2000	3.22B	2011	7.76B	2022	13.28B
2001	3.03B	2012	9.01B	2023	14.65B
2002	3.08B	2013	9.95B	2024	14.61B
2003	3.17B	2014	10.23B	2025	15.61B
2004	3B	2015	10.7B	2026	17.07B

Government Spending (% of GDP)

Global rank: 147 / 189

Data table

1994	28.5%	2005	23.2%	2016	21.3%
1995	29.3%	2006	22.4%	2017	21.1%
1996	24.3%	2007	22.2%	2018	21.7%
1997	24.8%	2008	23%	2019	20.5%
1998	25.9%	2009	22.9%	2020	27%
1999	25.2%	2010	24.4%	2021	23.7%
2000	24.7%	2011	23.7%	2022	21.3%
2001	25.2%	2012	23%	2023	21.4%
2002	25.1%	2013	23.6%	2024	23.1%
2003	25.7%	2014	22.9%	2025	20.9%
2004	24.4%	2015	21.4%	2026	21.4%

Government Spending (Local currency - PAB)

Data table

1994	2.17B	2005	3.86B	2016	12.7B
1995	2.29B	2006	4.18B	2017	13.6B
1996	2.23B	2007	4.82B	2018	14.61B
1997	2.49B	2008	5.92B	2019	14.3B
1998	2.86B	2009	6.38B	2020	15.42B
1999	2.94B	2010	7.39B	2021	16.01B
2000	2.95B	2011	8.47B	2022	16.33B
2001	3.09B	2012	9.56B	2023	17.92B
2002	3.21B	2013	11.08B	2024	20B
2003	3.49B	2014	11.79B	2025	18.94B
2004	3.69B	2015	11.91B	2026	20.29B