COUNTRY / INDICATOR
Panama Government Revenue
Panama government revenue: latest available value for 2024, historical series from 2016, ranking context and source documentation.
Series overview
GC.REV.XGRT.GD.ZS| Year | Value | Change |
|---|---|---|
| 2024 | 10,70 | -1,31 |
| 2023 | 12,00 | 0,02 |
| 2022 | 11,99 | 0,61 |
| 2021 | 11,37 | -0,13 |
| 2020 | 11,51 | -0,33 |
| 2019 | 11,83 | -1,35 |
| 2018 | 13,19 | -0,26 |
| 2017 | 13,44 | 0,76 |
| 2016 | 12,69 | — |
Source methodology
World Development IndicatorsIndicator note: Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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)
Metadata fetched: 2026-08-01 01:21:47. Open original metadata response.
Country-specific interpretation
Automatically derived from the displayed seriesPanama recorded 10,70 percent of GDP in 2024, the latest year available in this series.
Compared with 2023, the government revenue decreased by 1,31.
Across the latest five-year comparison window, the series shows an downward direction.
Across 9 observations from 2016 to 2024, the average was 12,08; the minimum was 10,70 in 2024 and the maximum was 13,44 in 2017.
Panama ranks 140 out of 149 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.
Fiscal revenue capacity.