Panama Consolidated Fiscal Balance

2003 - 2023 | Yearly | USD mn | CEIC Data

Key information about Panama Consolidated Fiscal Balance

  • Panama Consolidated Fiscal Balance recorded a deficit equal to 2.462 USD bn in Dec 2023, compared with a deficit equal to 3.045 USD bn in the previous year.
  • Panama Consolidated Fiscal Balance data is updated yearly, available from Dec 2003 to Dec 2023, with an average ratio of -1.026 USD bn.
  • The data reached an all-time high of 683.000 USD mn in Dec 2007 and a record low of -5.350 USD bn in Dec 2020.

CEIC converts annual Consolidated Fiscal Balance into USD. The Ministry of Economy and Finance provides Consolidated Fiscal Balance in local currency. The International Monetary Fund average market exchange rate is used for currency conversions.

View Panama's Consolidated Fiscal Balance from 2003 to 2023 in the chart:

Panama Consolidated Fiscal Balance

What was Panama's Consolidated Fiscal Balance in 2023?

Panama Consolidated Fiscal Balance recorded a deficit equal to 2.462 USD bn in Dec 2023, compared with a deficit equal to 3.045 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-2,462.500 2023 -3,044.700 2022 -5,350.400 2020 683.000 2007 USD mn yearly 2003 - 2023

Consolidated Fiscal Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 780.715 Nov 2024 monthly Dec 1997 - Nov 2024
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) -1,525.558 Dec 2024 monthly Jan 1993 - Dec 2024
Armenia (USD mn) -362.780 Dec 2024 monthly Jan 2008 - Dec 2024
Australia (USD mn) -20,262.041 Sep 2024 quarterly Sep 2002 - Sep 2024
Austria (USD mn) -4,959.213 Sep 2024 quarterly Mar 2001 - Sep 2024
Azerbaijan (USD mn) -326.765 Dec 2024 monthly Dec 2004 - Dec 2024
Bahrain (USD mn) -2,201.763 2023 yearly 1990 - 2023
Bangladesh (USD mn) -201.083 Sep 2024 monthly Jul 2008 - Sep 2024
Belarus (USD mn) 404.854 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) -28,081.402 2023 yearly 1970 - 2023
Bolivia (USD mn) -4,372.649 2023 yearly 1990 - 2023
Bosnia and Herzegovina (%) 2.755 Sep 2024 quarterly Dec 2008 - Sep 2024
Botswana (USD mn) -37.355 Jun 2023 monthly Apr 2007 - Jun 2023
Brazil (USD mn) -3,892.594 Dec 2024 monthly Jan 1997 - Dec 2024
Brunei (USD mn) -1,794.468 2023 yearly 2003 - 2023
Bulgaria (%) -3.834 Sep 2024 quarterly Sep 2003 - Sep 2024
Cambodia (USD mn) -52.271 Jul 2024 monthly Jan 2007 - Jul 2024
Canada (USD mn) -5,877.764 Nov 2024 monthly May 1992 - Nov 2024
Chile (USD mn) -7,629.972 2023 yearly 1990 - 2023
China (USD mn) -259,137.171 Dec 2024 monthly Jan 1995 - Dec 2024
Colombia (USD mn) -21,992.937 Mar 2024 quarterly Mar 1995 - Mar 2024
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) -24.959 Nov 2024 monthly Jan 2014 - Nov 2024
Czech Republic (USD mn) -1,500.246 Sep 2024 quarterly Mar 1999 - Sep 2024
Denmark (USD mn) 3,083.691 Sep 2024 quarterly Mar 1999 - Sep 2024
Ecuador (USD mn) -868.114 Sep 2024 quarterly Mar 2000 - Sep 2024
Egypt (USD mn) -11,348.296 Nov 2024 monthly Jan 2005 - Nov 2024
Estonia (USD mn) -37.473 Sep 2024 quarterly Mar 1999 - Sep 2024
European Union (USD mn) -650,538.637 2023 yearly 1999 - 2023
Finland (USD mn) -6,239.718 Sep 2024 quarterly Mar 1999 - Sep 2024
France (USD mn) -51,217.773 Sep 2024 quarterly Mar 1957 - Sep 2024
Georgia (USD mn) -388.760 Dec 2024 monthly Jan 2006 - Dec 2024
Germany (USD mn) -34,993.189 Sep 2024 quarterly Mar 1991 - Sep 2024
Ghana (USD mn) -305.529 Jun 2024 monthly Jan 2008 - Jun 2024
Greece (USD mn) 3,590.200 Sep 2024 quarterly Mar 1999 - Sep 2024
Hong Kong SAR, China (USD mn) 6,273.793 Dec 2024 monthly Oct 1998 - Dec 2024
Hungary (USD mn) -1,730.421 Sep 2024 quarterly Mar 1999 - Sep 2024
Iceland (USD mn) -269.054 Sep 2024 quarterly Mar 2002 - Sep 2024
India (USD mn) 7,943.523 Dec 2024 monthly Apr 1997 - Dec 2024
Indonesia (USD mn) -6,617.156 Dec 2024 monthly Jan 2014 - Dec 2024
Iran (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
Ireland (USD mn) 17,481.759 Sep 2024 quarterly Mar 2000 - Sep 2024
Israel (USD mn) -5,311.158 Dec 2024 monthly Jan 1999 - Dec 2024
Italy (USD mn) -13,670.674 Sep 2024 quarterly Mar 1999 - Sep 2024
Ivory Coast (USD mn) -4,144.453 2023 yearly 1960 - 2023
Japan (USD mn) -331,330.503 2023 yearly 1995 - 2023
Jordan (USD mn) 418.759 2018 yearly 1999 - 2018
Kazakhstan (USD mn) 5,487.159 Oct 2024 monthly Nov 2007 - Oct 2024
Kenya (%) -2.047 Sep 2024 quarterly Dec 2009 - Sep 2024
South Korea (USD mn) 1,637.253 Nov 2024 monthly Jul 1999 - Nov 2024
Kosovo (USD mn) 49.040 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) -5,077.511 2023 yearly 1988 - 2023
Kyrgyzstan (USD mn) 118.040 Nov 2024 monthly Jan 2007 - Nov 2024
Laos (USD mn) 96.753 2023 yearly 2010 - 2023
Latvia (USD mn) 330.230 Jun 2024 quarterly Mar 1999 - Jun 2024
Lebanon (USD mn) 405.307 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) -144.952 Sep 2024 quarterly Mar 1999 - Sep 2024
Luxembourg (%) -0.696 2023 yearly 1995 - 2023
Macau SAR, China (%) 7.297 Sep 2024 quarterly Dec 2003 - Sep 2024
North Macedonia (USD mn) -685.568 2023 yearly 2009 - 2023
Malawi (USD mn) -97.698 Nov 2024 monthly Oct 2005 - Nov 2024
Malaysia (USD mn) -23,593.390 2023 yearly 1970 - 2023
Malta (USD mn) 31.881 Sep 2024 quarterly Mar 1999 - Sep 2024
Mauritius (%) -6.322 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (USD mn) -30,528.748 Dec 2024 monthly Jan 1977 - Dec 2024
Moldova (USD mn) -857.246 2023 yearly 1998 - 2023
Mongolia (USD mn) -628.684 Dec 2024 monthly Jan 2000 - Dec 2024
Montenegro (USD mn) -240.284 Dec 2024 monthly Jan 2012 - Dec 2024
Morocco (USD mn) -6,426.228 Dec 2024 monthly Jan 2000 - Dec 2024
Mozambique (USD mn) 388.757 Dec 2016 quarterly Mar 2002 - Dec 2016
Myanmar (USD mn) -5,489.382 2021 yearly 1980 - 2021
Nepal (USD mn) -271.398 Dec 2024 quarterly Mar 2017 - Dec 2024
Netherlands (USD mn) 5,295.575 Jun 2024 quarterly Mar 1999 - Jun 2024
New Zealand (USD mn) 5,246.112 Sep 2024 quarterly Mar 1999 - Sep 2024
Nigeria (USD mn) -2,078.997 Sep 2024 quarterly Mar 2005 - Sep 2024
Norway (USD mn) 14,124.789 Sep 2024 quarterly Mar 2002 - Sep 2024
Oman (USD mn) 114.434 Oct 2024 monthly Jun 2003 - Oct 2024
Pakistan (USD mn) -13,794.405 2024 yearly 1991 - 2024
Palestinian Territory (USD mn) -619.800 2020 yearly 2010 - 2020
Panama (USD mn) -2,462.500 2023 yearly 2003 - 2023
Paraguay (USD mn) -232.584 Dec 2024 monthly Jan 2003 - Dec 2024
Peru (USD mn) -4,505.626 Sep 2024 quarterly Mar 1990 - Sep 2024
Philippines (USD mn) -3,628.488 Nov 2024 monthly Jan 1985 - Nov 2024
Poland (USD mn) -42,804.298 2023 yearly 1995 - 2023
Portugal (USD mn) 4,773.494 Sep 2024 quarterly Mar 1995 - Sep 2024
Qatar (USD mn) 247.253 Dec 2024 quarterly Mar 2011 - Dec 2024
Romania (%) -7.513 Sep 2024 quarterly Dec 2004 - Sep 2024
Russia (USD mn) -5,945.833 Nov 2024 monthly Jan 1993 - Nov 2024
Saudi Arabia (USD mn) -30,666.667 2024 yearly 1969 - 2024
Serbia (USD mn) -1,195.190 Dec 2024 monthly Jan 2005 - Dec 2024
Singapore (USD mn) -8,876.703 Dec 2024 monthly Apr 2011 - Dec 2024
Slovakia (USD mn) -167.767 Jan 2025 monthly Jan 2005 - Jan 2025
Slovenia (USD mn) -484.147 Dec 2024 monthly Jan 2000 - Dec 2024
South Africa (USD mn) 1,173.771 Dec 2024 monthly Jan 1990 - Dec 2024
Spain (USD mn) 10,239.818 Sep 2024 quarterly Mar 1995 - Sep 2024
Sri Lanka (%) -5.559 Sep 2024 quarterly Dec 2014 - Sep 2024
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) -3,650.675 2023 yearly 1995 - 2023
Switzerland (USD mn) 4,837.034 2024 yearly 1990 - 2024

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 383.621 Nov 2024 monthly Jan 1995 - Nov 2024
Tax Revenue: % of GDP (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
National Government Debt (USD mn) 53,736.7 Dec 2024 monthly Jul 2004 - Dec 2024
Government Debt: % of GDP (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
Forecast: Government Expenditure (PAB bn) 23.007 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 59.883 2029 yearly 1994 - 2029
Forecast: Government Revenue (PAB bn) 21.105 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue: Tax (PAB th) 383,621.030 Nov 2024 monthly Jan 1995 - Nov 2024
Central Government Revenue: Current Revenue (PAB th) 473,743.679 Nov 2024 monthly Jan 1995 - Nov 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 185,808.129 Nov 2024 monthly Jan 1995 - Nov 2024
Public Debt: Domestic (USD mn) 9,460.795 Dec 2024 monthly Jul 2004 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -994.3 Nov 2024 monthly Jan 1964 - Nov 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) 38.3 Nov 2024 monthly Jan 2001 - Nov 2024
Aluminum: Exports (USD th) 6,067.531 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 329,464.345 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 10,079.101 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,063.8 Nov 2024 monthly Jan 2000 - Nov 2024
Total Imports Growth (%) 3.6 Nov 2024 monthly Jan 2001 - Nov 2024
Imports: Medicament (USD th) 1,071,085.390 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 333,744.579 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 13.703 Oct 2024 monthly Jan 1970 - Oct 2024
Total Imports from USA (USD mn) 213.108 Oct 2024 monthly Jan 1967 - Oct 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 239.808 Oct 2024 monthly Mar 1989 - Oct 2024
Exports: FOB: Prawn (PAB th) 8,396.849 Nov 2024 monthly Jan 2000 - Nov 2024
Exports: FOB: Banana (PAB th) 16,543.621 Nov 2024 monthly Jan 2000 - Nov 2024
Exports: FOB: Seafood Products (PAB th) 7,133.573 Nov 2024 monthly Jan 2002 - Nov 2024
Exports: FOB (PAB th) 69,486.736 Nov 2024 monthly Jan 2000 - Nov 2024
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 52.0 Sep 2024 quarterly Mar 2013 - Sep 2024
Current Account Balance (USD mn) 824.1 Sep 2024 quarterly Mar 1998 - Sep 2024
Current Account Balance: % of GDP (%) 3.9 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Direct Investment (USD mn) 726.8 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Direct Investment: % of GDP (%) 3.5 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment (USD mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.7 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
External Debt (USD mn) 44,275.9 Dec 2024 monthly Jul 2004 - Dec 2024
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.904 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -78,418.321 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: Net Errors and Omissions (PAB mn) -2,237.755 Sep 2024 quarterly Mar 2013 - Sep 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 824.140 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Credit (PAB mn) 4,331.072 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Credit (PAB mn) 1,000.008 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Debit (PAB mn) -5,833.509 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financial Account (FA) (PAB mn) 1,446.866 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Direct Investment (PAB mn) 674.772 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
International Investment Position (IIP) (USD mn) -78,418.321 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 Sep 2024 quarterly Mar 2015 - Sep 2024
Foreign Direct Investment (FDI) (PAB mn) 726.814 Sep 2024 quarterly Mar 2013 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Nov 2024 monthly Dec 2008 - Nov 2024
Household Debt: % of GDP (%) 38.3 Sep 2024 quarterly Dec 2007 - Sep 2024
Non-Performing Loans (USD mn) 1,663.330 Nov 2024 monthly Dec 2008 - Nov 2024
Money Supply M1 (USD mn) 8,808.100 Nov 2024 monthly Dec 2002 - Nov 2024
Money Supply M2 (USD mn) 42,168.740 Nov 2024 monthly Dec 2002 - Nov 2024
M2 Growth (%) 8.4 Nov 2024 monthly Dec 2003 - Nov 2024
Foreign Exchange Reserves (USD mn) 6,280.1 Dec 2024 monthly Oct 1969 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 5.697 Sep 2024 quarterly Dec 2007 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 5.0 Nov 2024 monthly Jan 2000 - Nov 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 107,402.904 Nov 2024 monthly Dec 1998 - Nov 2024
Total Deposits Growth (%) 3.1 Nov 2024 monthly Dec 1999 - Nov 2024
Domestic Credit (USD mn) 64,183.2 Nov 2024 monthly Dec 2001 - Nov 2024
Domestic Credit Growth (%) 5.3 Nov 2024 monthly Dec 2002 - Nov 2024
Household Debt (USD mn) 32,823.9 Nov 2024 monthly Oct 2005 - Nov 2024
Total Loans (USD mn) 97,213.172 Nov 2024 monthly Dec 1998 - Nov 2024
Total Loans Growth (%) 8.23 Nov 2024 monthly Dec 1999 - Nov 2024
Private Debt: % of Nominal GDP (%) 69.77 Sep 2024 quarterly Dec 2007 - Sep 2024
Money Supply: M3 (PAB mn) 42,168.740 Nov 2024 monthly Dec 2002 - Nov 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,071.440 Nov 2024 monthly Dec 2002 - Nov 2024

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