Panama Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Overview
Panama's government debt to gdp stood at 59.60% in 2025, a rise of +2.22% from 2024. The IMF projects 59.60% by 2025. Panama ranked 76th globally.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 58.10% | - | - |
| 2029* IMF | 59.35% | - | - |
| 2028* IMF | 60.16% | - | - |
| 2027* IMF | 60.47% | - | - |
| 2026* IMF | 60.27% | - | - |
| 2025* IMF | 59.60% | - | - |
| 2025 | 59.60% | +2.22% | #76 |
| 2024 | 57.38% | +6.15% | #100 |
| 2023 | 51.23% | −1.50% | #86 |
| 2022 | 52.73% | −1.68% | #91 |
| 2021 | 54.41% | −7.11% | #89 |
| 2020 | 61.52% | +21.69% | #102 |
| 2019 | 39.83% | +4.25% | #60 |
| 2018 | 35.58% | +2.02% | #49 |
| 2017 | 33.56% | −0.05% | #44 |
| 2016 | 33.61% | −0.63% | #50 |
| 2015 | 34.24% | −0.48% | #59 |
| 2014 | 34.72% | +1.00% | #75 |
| 2013 | 33.73% | −0.31% | #77 |
| 2012 | 34.03% | −1.60% | #84 |
| 2011 | 35.63% | −2.46% | #89 |
Detected Pattern
Analysis
Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Panama's government debt to gdp was 59.60% in 2025. Ranked 76th globally. This represents a 3.9% increase from the previous year.
Panama's government debt to gdp peaked at 78.34% in 1994.
The lowest government debt to gdp in Panama was 33.56% in 2017.
Panama ranks 76th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Panama's government debt to gdp is projected to reach 59.60% by 2025 based on IMF projection.
The government debt to gdp of Panama in 2025 was 59.60%. This ranks 76th in the world.
Cite this page
@misc{historysaid_panama_government-debt-to-gdp,
title = {Panama Government Debt to GDP},
url = {https://historysaid.com/panama/government-debt-to-gdp},
publisher = {HistorySaid},
year = {2026}
}