Panama Consolidated Fiscal Balance
Key information about Panama Consolidated Fiscal Balance
- Panama Consolidated Fiscal Balance recorded a deficit equal to 6.416 USD bn in Dec 2024, compared with a deficit equal to 3.271 USD bn in the previous year.
- Panama Consolidated Fiscal Balance data is updated yearly, available from Dec 2003 to Dec 2024, with an average ratio of -1.040 USD bn.
- The data reached an all-time high of 683.000 USD mn in Dec 2007 and a record low of -6.416 USD bn in Dec 2024.
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 2024 in the chart:
What was Panama's Consolidated Fiscal Balance in 2024?
Panama Consolidated Fiscal Balance recorded a deficit equal to 6.416 USD bn in Dec 2024, compared with a deficit equal to 3.271 USD bn in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-6,416.100 2024 | -3,270.600 2023 | -6,416.100 2024 | 683.000 2007 | USD mn | yearly | 2003 - 2024 |
Consolidated Fiscal Balance by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | 191.889 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
Algeria (USD mn) | -5,868.518 2022 | yearly | 1997 - 2022 |
Argentina (USD mn) | 575.618 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
Armenia (USD mn) | -362.780 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
Australia (USD mn) | -12,444.654 Dec 2024 | quarterly | Sep 2002 - Dec 2024 |
Austria (USD mn) | -4,959.213 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Azerbaijan (USD mn) | 1,006.941 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
Bahrain (USD mn) | -2,201.763 2023 | yearly | 1990 - 2023 |
Bangladesh (USD mn) | 645.167 Dec 2024 | monthly | Jul 2008 - Dec 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 (%) | -3.032 Dec 2024 | quarterly | Sep 2003 - Dec 2024 |
Cambodia (USD mn) | -52.271 Jul 2024 | monthly | Jan 2007 - Jul 2024 |
Canada (USD mn) | 703.306 Dec 2024 | monthly | May 1992 - Dec 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) | 587.030 Jan 2025 | monthly | Jan 2014 - Jan 2025 |
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) | -877.036 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) | -3,490.020 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
France (USD mn) | -52,128.785 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
Georgia (USD mn) | -31.928 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
Germany (USD mn) | -36,143.132 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
Ghana (USD mn) | -305.559 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) | 2,363.908 Jan 2025 | monthly | Oct 1998 - Jan 2025 |
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) | 29,612.520 Jan 2025 | monthly | Apr 1997 - Jan 2025 |
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) | -1,720.668 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
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) | -116.653 Jan 2025 | monthly | Nov 2007 - Jan 2025 |
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) | 85.734 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
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 (%) | 7.368 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
North Macedonia (USD mn) | -764.028 2024 | yearly | 2009 - 2024 |
Malawi (USD mn) | -3.829 Jan 2025 | monthly | Oct 2005 - Jan 2025 |
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) | -945.559 Jan 2025 | monthly | Jan 1977 - Jan 2025 |
Moldova (USD mn) | -857.251 2023 | yearly | 1998 - 2023 |
Mongolia (USD mn) | -143.592 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Montenegro (USD mn) | 2.142 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
Morocco (USD mn) | -389.157 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
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) | -151.235 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
Nigeria (USD mn) | -2,078.997 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Norway (USD mn) | 12,674.664 Dec 2024 | quarterly | Mar 2002 - Dec 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) | -6,416.100 2024 | yearly | 2003 - 2024 |
Paraguay (USD mn) | 19.762 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
Peru (USD mn) | -4,443.115 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
Philippines (USD mn) | -5,637.507 Dec 2024 | monthly | Jan 1985 - Dec 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 (%) | -8.647 Dec 2024 | quarterly | Dec 2004 - Dec 2024 |
Russia (USD mn) | -53,330.331 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Saudi Arabia (USD mn) | -30,833.284 2024 | yearly | 1969 - 2024 |
Serbia (USD mn) | 167.019 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
Singapore (USD mn) | -675.584 Jan 2025 | monthly | Apr 2011 - Jan 2025 |
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) | -3,349.311 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
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) | 5,409.013 2024 | yearly | 1990 - 2024 |
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Learn more about what we doPanama Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -7.4 2024 | yearly | 2003 - 2024 |
Consolidated Fiscal Balance (USD mn) | -6,416.100 2024 | yearly | 2003 - 2024 |
Tax Revenue (USD mn) | 693.973 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Tax Revenue: % of GDP (%) | 5.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
National Government Debt (USD mn) | 53,655.2 Jan 2025 | monthly | Jul 2004 - Jan 2025 |
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) | 693,972.524 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 487,361.403 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Central Government Revenue: Current Revenue (PAB th) | 2,942,813.523 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Public Debt: Domestic (USD mn) | 9,460.795 Jan 2025 | monthly | Jul 2004 - Jan 2025 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -1,059.7 Dec 2024 | monthly | Jan 1964 - Dec 2024 |
Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
Total Exports Growth (%) | 20.8 Dec 2024 | monthly | Jan 2001 - Dec 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) | 1,144.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Total Imports Growth (%) | -1.9 Dec 2024 | monthly | Jan 2001 - Dec 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) | 13.974 Nov 2024 | monthly | Jan 1970 - Nov 2024 |
Total Imports from USA (USD mn) | 172.879 Nov 2024 | monthly | Jan 1967 - Nov 2024 |
Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
Total Imports from China (USD mn) | 166.517 Nov 2024 | monthly | Mar 1989 - Nov 2024 |
Exports: FOB: Prawn (PAB th) | 11,096.530 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Exports: FOB: Banana (PAB th) | 19,938.525 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Exports: FOB: Seafood Products (PAB th) | 7,601.984 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
Exports: FOB (PAB th) | 84,431.775 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Exports: FOB: America: NAFTA: Mexico (PAB th) | 30,335.000 2021 | yearly | 1999 - 2021 |
Exports: FOB: Asia: Rest of Asia: China (PAB th) | 1,072,958.000 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) | 44,194.4 Jan 2025 | monthly | Jul 2004 - Jan 2025 |
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: Goods: Debit (PAB mn) | -5,833.509 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: Services (PAB mn) | 3,683.629 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: FA: Portfolio Investment: Liabilities (PAB mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Income: Debit (PAB mn) | -2,297.497 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Capital Account (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Capital Account: Credit (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Financing: Reserve Assets (PAB mn) | -5.330 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Capital Account: Debit (PAB mn) | 0.000 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Financial Account (FA) (PAB mn) | 1,446.866 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 |
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 (%) | 1.5 Dec 2024 | monthly | Dec 2008 - Dec 2024 |
Household Debt: % of GDP (%) | 38.3 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Non-Performing Loans (USD mn) | 1,468.720 Dec 2024 | monthly | Dec 2008 - Dec 2024 |
Money Supply M1 (USD mn) | 9,218.690 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Money Supply M2 (USD mn) | 43,274.380 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
M2 Growth (%) | 9.5 Dec 2024 | monthly | Dec 2003 - Dec 2024 |
Foreign Exchange Reserves (USD mn) | 5,610.8 Jan 2025 | monthly | Oct 1969 - Jan 2025 |
Foreign Exchange Reserves: % of GDP (%) | 5.697 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 5.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Sep 1969 - Mar 2024 |
Total Deposits (USD mn) | 110,484.526 Dec 2024 | monthly | Dec 1998 - Dec 2024 |
Total Deposits Growth (%) | 5.1 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Domestic Credit (USD mn) | 63,585.5 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
Domestic Credit Growth (%) | 4.9 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Household Debt (USD mn) | 32,866.2 Dec 2024 | monthly | Oct 2005 - Dec 2024 |
Total Loans (USD mn) | 97,419.720 Dec 2024 | monthly | Dec 1998 - Dec 2024 |
Total Loans Growth (%) | 8.86 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Private Debt: % of Nominal GDP (%) | 69.77 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Money Supply: M3 (PAB mn) | 43,274.380 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
LC: National Banking System: Private Sector: Mortgage (PAB mn) | 21,113.420 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
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