Panama Consolidated Fiscal Balance: % of GDP

Key information about Panama Consolidated Fiscal Balance: % of GDP

• Panama Consolidated Fiscal Balance recorded a deficit equal to 3.0 % of its Nominal GDP in Dec 2023, compared with a deficit equal to 4.0 % in the previous year
• Panama Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 2003 to Dec 2023, with an average ratio of -2.3 %
• The data reached an all-time high of 3.2 % in Dec 2007 and a record low of -9.4 % in Dec 2020

CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. The Ministry of Economy and Finance provides Consolidated Fiscal Balance in local currency. The National Institute of Statistics and Census provides Nominal GDP in local currency based on benchmark year 2007. Nominal GDP prior 2018 is based on previous benchmark year. Prior to 2007, it is based on previous benchmark year 1996. Local currency is pegged to the US dollar on a one-on-one parity. Local currency is pegged to the US dollar on a one-on-one parity.


Further information about Panama Consolidated Fiscal Balance: % of GDP

• In the latest reports, Panama National Government Debt reached 51.9 USD bn in Jul 2024
• Panama Nominal GDP reached 18.1 USD bn in Sep 2022

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

What was Panama's Consolidated Fiscal Balance: % of GDP in 2023?

Panama Consolidated Fiscal Balance recorded a deficit equal to 3.0 % of its Nominal GDP in Dec 2023, compared with a deficit equal to 4.0 % in the previous year See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-3.0 2023	-4.0 2022	-9.4 2020	3.2 2007	%	yearly	2003 - 2023

Consolidated Fiscal Balance: % of GDP by Country Comparison

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