Panama: Central government deficit (% of GDP)

Name: Panama: Central government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1946–2025 · 63 observations · cgovdef_GDP

2025: −5.42%percent of GDP
Change on 2024: +2.5 pointsfrom −7.93%
Average, 2019–2025: −5.87%7 years
Record high and low: 4.93% (1991)low −13.2% (1979)

Central government deficit (% of GDP)

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Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

Year	Value
2025	-5.42
2024	-7.93
2023	-4.21
2022	-4.11
2021	-7.09
2020	-7.76
2019	-4.57
2015	0.000871
2014	0.00230
2013	0.0000105

Sources

Mitchell1946–1992
Central American Monetary Council2007–2015
World Development Indicators2014–2024
IMF Government Finance Statistics2019–2025

Compare these sources →

Panama documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

Central government deficit (% of GDP)

Recent values

Sources

More for Panama

Central government deficit (% of GDP) elsewhere