Panama: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 2.57 billion Panamanian Balboa as of Q1 2026, a decline compared to the previous value of 3.21 billion Panamanian Balboa. Historically, the average for Panama from Q1 2018 to Q1 2026 is 2.33 billion Panamanian Balboa. The minimum of 1.69 billion Panamanian Balboa was recorded in Q2 2018, while the maximum of 3.21 billion Panamanian Balboa was reached in Q4 2025.
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* indicates monthly or quarterly data series
- Measure: billion Panamanian Balboa
- Definition: Total spending by all levels of government but excluding public enterprises.
- Source: National Institute of Statistics and Census of Panama
| Recent values | Panama: Government expenditure, billion currency units |
|---|---|
| 2026 Q1 | 2.57 |
| 2025 Q4 | 3.21 |
| 2025 Q3 | 2.68 |
| 2025 Q2 | 2.51 |
| 2025 Q1 | 2.49 |
| 2024 Q4 | 3.15 |
| 2024 Q3 | 2.58 |
| 2024 Q2 | 2.55 |
Download data from our database Other resources: All indicators for Panama All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 12.40 | 2024 | percent |
| Government spending, in dollars | 10.73 | 2024 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -7.42 | 2024 | percent |
| Primary budget balance | -4.53 | 2024 | percent |
| Government expenditure | 2.57 | Q1/2026 | billion |
| Tax revenue | 7.18 | 2024 | percent |
| Taxes on goods and services | 32.60 | 2024 | percent |
| Taxes on international trade | 3.31 | 2024 | percent |
| Income and profits taxes | 29.14 | 2024 | percent |
| Foreign aid | 410.18 | 2023 | million U.S. dollars |
| Government debt | 57.38 | 2024 | percent |
| Short-term government debt | 2.76 | 2024 | percent |