Panama Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Panama's interest payments to revenue was 20.39% in 2021, ranked 117th globally. This represents a 4.6% decrease from 2020. Data from World Bank, covering 2014–2021.
Overview
Panama's interest payments to revenue stood at 20.39% in 2021, a decline of +0.98pp from 2020. Panama ranked 117th globally.
Panama's interest payments to revenue ratio has exhibited a concerning trend, with the country's debt servicing obligations weighing heavily on its fiscal landscape. The ratio has risen steadily over the years, reaching an all-time high of 21.37% in 2020, surpassing its closest peer, the Bahamas, which stood at 22.14% that year. Despite a slight decline in 2021 to 20.39%, which places Panama at #117 globally, the country's debt burden remains a pressing concern. In contrast, countries like Bangladesh have managed to keep their interest payments to revenue ratio relatively low, at 20.83% in 2021. The all-time trough of 12.38% in 2017 serves as a reminder of the country's potential to manage its debt more effectively. However, Panama's recent trajectory suggests that a continued emphasis on fiscal discipline and debt restructuring will be necessary to mitigate the risks associated with its high interest payments to revenue ratio. A sustained economic recovery and prudent fiscal management could help alleviate this burden.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2021 | 20.39% | −0.98pp | #117 |
| 2020 | 21.37% | +5.95pp | #125 |
| 2019 | 15.42% | +2.56pp | #122 |
| 2018 | 12.85% | +0.47pp | #111 |
| 2017 | 12.38% | −1.06pp | #116 |
| 2016 | 13.44% | −0.34pp | #120 |
| 2015 | 13.79% | +0.32pp | #127 |
| 2014 | 13.46% | – | #122 |
Detected Pattern
Analysis
Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Panama's interest payments to revenue was 20.39% in 2021. Ranked 117th globally. This represents a 4.6% decrease from the previous year.
Panama's interest payments to revenue peaked at 21.37% in 2020.
The lowest interest payments to revenue in Panama was 12.38% in 2017.
Panama ranks 117th globally in interest payments to revenue as of 2021.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of Panama in 2021 was 20.39%. This ranks 117th in the world.
Cite this page
@misc{historysaid_panama_interest-to-revenue,
title = {Panama Interest Payments to Revenue},
url = {https://historysaid.com/panama/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}