Government debt — all countries

Government debt — Panama

Government debt in Panama in 2031 — 53.9%. Ranked 106 in the world out of 184. Since 1994, the indicator has fallen by 34.8 pp.

2031 53.9% −1.4 pp vs 2030
World rank 106of 184
Period maximum 88.7%1994
Period minimum 30.8%2013

Trend over time

1994–2031 · % of GDP

Government debt — Panama, 1994–2031025507510019941998200220062010201420182022202620301994: 88.7%1995: 86.7%1996: 73.6%1997: 67.3%1998: 64.3%1999: 60.4%2000: 58%2001: 62.1%2002: 60.9%2003: 59.9%2004: 61.5%2005: 61.5%2006: 56.1%2007: 48.2%2008: 40.6%2009: 39.5%2010: 38.5%2011: 35.9%2012: 31.3%2013: 30.8%2014: 32.9%2015: 34.1%2016: 34%2017: 34.3%2018: 36.3%2019: 42.5%2020: 62.4%2021: 58%2022: 56.2%2023: 54.4%2024: 57.8%2025: 56.6%2026: 57.7%2027: 57.5%2028: 57.1%2029: 56.3%2030: 55.3%2031: 53.9%
Change over the period: −34.8 pp Annual average: -0.94 pp

Comparison, 2031

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

Panama 53.9%
World computed 102.5%
Latin America & Caribbean computed 72.1%
Central America computed 60.4%
High-income countries computed 108.6%
Government debt — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2031 53.9 −1.4 pp
2030 55.3 −1 pp
2029 56.3 −0.8 pp
2028 57.1 −0.4 pp
2027 57.5 −0.2 pp
2026 57.7 +1.1 pp
2025 56.6 −1.2 pp
2024 57.8 +3.4 pp
2023 54.4 −1.8 pp
2022 56.2 −1.8 pp
2021 58 −4.4 pp
2020 62.4 +19.9 pp
2019 42.5 +6.2 pp
2018 36.3 +2 pp
2017 34.3 +0.3 pp
2016 34 −0.1 pp
2015 34.1 +1.2 pp
2014 32.9 +2.1 pp
2013 30.8 −0.5 pp
2012 31.3 −4.6 pp
2011 35.9 −2.6 pp
2010 38.5 −1 pp
2009 39.5 −1.1 pp
2008 40.6 −7.6 pp
2007 48.2 −7.9 pp
2006 56.1 −5.4 pp
2005 61.5 +0 pp
2004 61.5 +1.6 pp
2003 59.9 −1 pp
2002 60.9 −1.2 pp
2001 62.1 +4.1 pp
2000 58 −2.4 pp
1999 60.4 −3.9 pp
1998 64.3 −3 pp
1997 67.3 −6.3 pp
1996 73.6 −13.1 pp
1995 86.7 −2 pp
1994 88.7

Central America, 2031

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

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.