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Panama: Government consumption (% of GDP)

Percent of GDP · 1950–2024 · 75 observations · gcons_GDP

2024
11.5%percent of GDP
Change on 2023
+0.5 pointsfrom 11.1%
Average, 2015–2024
11.7%10 years
Record high and low
19.4% (1987)low 5.90% (1950)

Government consumption (% of GDP)

Report error
4%6%8%10%12%14%16%18%20%19501960197019801990200020102020PanamaPanama
Percent of GDP

Compare with other countries →Definition of Government consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202411.5
202311.1
202212.8
202113.7
202014.7
201911.1
201811.0
201710.9
201610.5
20159.89

Sources

This series is derived from other GMD variables.

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 →

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