Govt expenditure share budget in Panama

Panama: Govt expenditure share budget was 87.87 in 2021. ▼ Falling

Latest (2021)
87.87
Change on year
up 4.6%
World rank
137th
of 166 countries
All-time high
108.19
in 2008
All-time low
84
in 2020
Years of data
15
2007–2021

Govt expenditure share budget in Panama, 2007–2021

02550751002007201420212007: 102.92008: 108.22009: 101.52010: 105.22011: 100.12012: 106.22013: 101.62014: 97.62015: 96.12016: 99.32017: 95.82018: 92.32019: 102.72020: 842021: 87.9

Source: Our World in Data.

Analysis

In 2021, govt expenditure share budget in Panama stood at 87.87.

Compared with earlier readings it is up 4.6% on the previous year and down 12.2% over ten years.

Over the whole period, govt expenditure share budget in Panama peaked at 108.19 in 2008 and was at its lowest, 84, in 2020.

Panama ranks 137th of 166 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Govt expenditure share budget in Panama, year by year

Annual values for Govt expenditure share budget in Panama, 2007 to 2021.
Year Value Change
2007 102.86 —
2008 108.19 +5.2%
2009 101.46 -6.2%
2010 105.15 +3.6%
2011 100.08 -4.8%
2012 106.18 +6.1%
2013 101.56 -4.4%
2014 97.57 -3.9%
2015 96.06 -1.5%
2016 99.28 +3.4%
2017 95.83 -3.5%
2018 92.34 -3.6%
2019 102.72 +11.2%
2020 84 -18.2%
2021 87.87 +4.6%

Panama compared with similar countries

  • Panama's 87.87 is below the median for high income countries, which is 103.58, 85% of the median. (44 countries reporting)
  • Panama's 87.87 is below the median for Latin America & Caribbean, which is 98.84, 89% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 104.17 101.46 108.19 3
2010s 99.68 92.34 106.18 10
2020s 85.94 84 87.87 2

Countries ranked near Panama

  1. 134 Finland 89.21 compare
  2. 135 Niue 88.9 compare
  3. 136 Uganda 88.71 compare
  4. 138 Democratic Republic of Congo 87.52 compare
  5. 139 Chad 87.46 compare
  6. 140 Botswana 86.64 compare

See the full ranking of 166 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is govt expenditure share budget in Panama?
Govt expenditure share budget in Panama was 87.87 in 2021, according to Our World in Data.
What is the highest govt expenditure share budget recorded in Panama?
The highest recorded value was 108.19 in 2008.
What is the lowest govt expenditure share budget recorded in Panama?
The lowest recorded value was 84 in 2020.
How does Panama rank for govt expenditure share budget?
Panama ranks 137th out of 166 countries with data for 2021.
Is govt expenditure share budget rising or falling in Panama?
Over the last ten years it is down 12.2%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Our World in Data, published as part of Govt expenditure share budget. Statizoid updates them automatically from the source API.

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Govt expenditure share budget in Panama. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/govt-expenditure-share-budget/panama/

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About this data

Indicator
Govt expenditure share budget
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 2,464 data points, 2004–2025
Last refreshed