Panama Government Spending
Government expenditure as % of GDP GC.XPN.TOTL.GD.ZS
Overview
Panama's government spending stood at 17.14% in 2021, a decline of +2.13% from 2020. Panama ranked 24th globally.
Data & projection
| Year | Government Spending | YoY change | Rank |
|---|---|---|---|
| 2021 | 17.14% | −2.13% | #24 |
| 2020 | 19.27% | +4.23% | #30 |
| 2019 | 15.04% | +1.45% | #25 |
| 2018 | 13.59% | −0.35% | #17 |
| 2017 | 13.94% | +0.25% | #20 |
| 2016 | 13.70% | −0.30% | #18 |
| 2015 | 14.00% | +1.09% | #20 |
| 2014 | 12.91% | – | #17 |
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 spending improve within 24 months. View full analysis →
Frequently Asked Questions
Panama's government spending was 17.14% in 2021. Ranked 24th globally. This represents a 11.0% decrease from the previous year.
Panama's government spending peaked at 19.27% in 2020.
The lowest government spending in Panama was 12.91% in 2014.
Panama ranks 24th globally in government spending as of 2021.
The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.
The government spending of Panama in 2021 was 17.14%. This ranks 24th in the world.
Cite this page
@misc{historysaid_panama_government-spending,
title = {Panama Government Spending},
url = {https://historysaid.com/panama/government-spending},
publisher = {HistorySaid},
year = {2026}
}