COUNTRY / INDICATOR
Panama Government Expense
Panama government expense: latest available value for 2021, historical series from 2016, ranking context and source documentation.
Series overview
GC.XPN.TOTL.GD.ZS| Year | Value | Change |
|---|---|---|
| 2021 | 17,14 | -2,13 |
| 2020 | 19,27 | 4,23 |
| 2019 | 15,04 | 1,45 |
| 2018 | 13,59 | -0,35 |
| 2017 | 13,94 | 0,25 |
| 2016 | 13,70 | — |
Source methodology
World Development IndicatorsIndicator note: Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source organization: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Metadata fetched: 2026-09-27 04:15:44. Open original metadata response.
Revision history
12 detected changesSource revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.
| Detected | Data year | Previous value | Replacement value | Source | Source update |
|---|---|---|---|---|---|
| 2026-09-28 19:29:07 | 2016 | 13,70 | 13,70 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 19:29:07 | 2017 | 13,94 | 13,94 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 19:29:07 | 2018 | 13,59 | 13,59 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 19:29:07 | 2019 | 15,04 | 15,04 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 19:29:07 | 2020 | 19,27 | 19,27 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 19:29:07 | 2021 | 17,14 | 17,14 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-06 00:27:51 | 2016 | 13,70 | 13,70 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-06 00:27:51 | 2017 | 13,94 | 13,94 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-06 00:27:51 | 2018 | 13,59 | 13,59 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-06 00:27:51 | 2019 | 15,04 | 15,04 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-06 00:27:51 | 2020 | 19,27 | 19,27 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-06 00:27:51 | 2021 | 17,14 | 17,14 | World Bank Indicators API | 2026-07-13 02:00:00 |
Country-specific interpretation
Automatically derived from the displayed seriesPanama recorded 17,14 percent of GDP in 2021, the latest year available in this series.
Compared with 2020, the government expense decreased by 2,13.
Across the latest five-year comparison window, the series shows an upward direction.
Across 6 observations from 2016 to 2021, the average was 15,45; the minimum was 13,59 in 2018 and the maximum was 19,27 in 2020.
Panama ranks 125 out of 161 countries with a current value in the portal ranking.
The latest value is below the available average for Latin America & Caribbean.
It is also below the available average for the High income group.
Ongoing fiscal expenditure intensity.