Contact Contacts
Government consumption (% of GDP) — all countries

Government consumption (% of GDP) — Panama

Government consumption (% of GDP) in Panama in 2024 — 12.4%. Ranked 125 in the world out of 169. Since 1960, the indicator has risen by 2 pp.

2024 12.4% +0.1 pp vs 2023
World rank 125of 169
Period maximum 21%1987
Period minimum 9.6%2014

Trend over time

1960–2024 · % of GDP

Government consumption (% of GDP) — Panama, 1960–202451015202519601967197419811988199520022009201620231960: 10.4%1962: 10.3%1964: 10.1%1966: 11.2%1968: 11.8%1970: 13.3%1972: 15.9%1974: 16.1%1976: 17.5%1978: 17.5%1980: 16.8%1982: 18.3%1984: 18.9%1986: 19.6%1988: 19.9%1990: 17.3%1992: 15.2%1994: 14.1%1996: 13.5%1998: 12.8%2000: 13.5%2002: 15.4%2004: 14.1%2006: 13.4%2008: 11.8%2010: 12.2%2012: 10.4%2014: 9.6%2016: 10.5%2018: 11%2020: 14.7%2022: 12.8%2024: 12.4%
Change over the period: +2 pp Annual average: 0.03 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Panama

Panama 12.4%
World 16.7%
Latin America & Caribbean 15.8%
Central America computed 11.9%
High-income countries computed 17.6%
Government consumption (% of GDP) — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2024 12.4 +0.1 pp
2023 12.3 −0.5 pp
2022 12.8 −1 pp
2021 13.7 −1 pp
2020 14.7 +3.6 pp
2019 11.1 +0.1 pp
2018 11 +0.1 pp
2017 10.9 +0.4 pp
2016 10.5 +0.7 pp
2015 9.9 +0.2 pp
2014 9.6 −0.6 pp
2013 10.3 −0.2 pp
2012 10.4 −1 pp
2011 11.4 −0.8 pp
2010 12.2 +0.6 pp
2009 11.6 −0.1 pp
2008 11.8 −0.5 pp
2007 12.2 −1.1 pp
2006 13.4 −0.6 pp
2005 14 −0.1 pp
2004 14.1 −0.4 pp
2003 14.5 −0.9 pp
2002 15.4 +1 pp
2001 14.4 +0.9 pp
2000 13.5 +0.3 pp
1999 13.2 +0.4 pp
1998 12.8 +0.2 pp
1997 12.6 −0.9 pp
1996 13.5 −0.9 pp
1995 14.4 +0.3 pp
1994 14.1 −0.3 pp
1993 14.4 −0.7 pp
1992 15.2 −1.6 pp
1991 16.7 −0.5 pp
1990 17.3 −1.1 pp
1989 18.4 −1.5 pp
1988 19.9 −1.1 pp
1987 21 +1.4 pp
1986 19.6 +0.9 pp
1985 18.7 −0.2 pp
1984 18.9 +1.1 pp
1983 17.8 −0.5 pp
1982 18.3 +2 pp
1981 16.2 −0.5 pp
1980 16.8 −1.2 pp
1979 18 +0.5 pp
1978 17.5 −0.2 pp
1977 17.7 +0.2 pp
1976 17.5 +0.5 pp
1975 17.1 +1 pp
1974 16.1 +0.7 pp
1973 15.4 −0.5 pp
1972 15.9 +2 pp
1971 13.9 +0.6 pp
1970 13.3 +1.7 pp
1969 11.6 −0.2 pp
1968 11.8 −0.1 pp
1967 11.9 +0.7 pp
1966 11.2 +1 pp
1965 10.2 +0.1 pp
1964 10.1 −1 pp
1963 11.1 +0.9 pp
1962 10.3 +0.3 pp
1961 9.9 −0.5 pp
1960 10.4 —

Central America, 2024

The same indicator for neighboring countries — with links to their pages

SV El Salvador 17.9 BZ Belize 15.9 HN Honduras 15.1 CR Costa Rica 14.1 PA Panama 12.4 NI Nicaragua 12.3 MX Mexico 11.6 GT Guatemala 10.9
Full table for all countries

About the indicator

General government final consumption expenditure as a percent of GDP: compensation of public employees, purchases of goods and services for delivering public services, and spending on defense and security. It leaves out public investment and social transfers, so the indicator is lower than the overall size of the budget.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Panama

Economy Government consumption in US dollars

How much the state spends on running itself: public sector wages, purchases, defense.

Panama by year Economy Household consumption (% of GDP)

What share of GDP is made up of household final consumption spending.

Panama by year Public Finance Tax revenue (% of GDP)

Taxes collected as a percent of GDP — the fiscal capacity of the state.

Panama by year Public Finance Government debt

Gross general government debt as a percent of GDP.

Panama by year
All indicators for Panama