Panama: General government deficit (% of GDP)

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

Percent of GDP · 1953–2025 · 67 observations · forecasts to 2031 · gen_govdef_GDP

2025: −3.67%percent of GDP
Change on 2024: +2.6 pointsfrom −6.23%
Average, 2016–2025: −4.30%10 years
Record high and low: 3.17% (2007)low −13.6% (1989)

General government deficit (% of GDP)

Report error

ForecastPercent of GDP

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

Recent values

Percent of GDP

Year	Value
2031	-1.45	Forecast
2030	-1.50	Forecast
2029	-2.02	Forecast
2028	-2.53	Forecast
2027	-2.98	Forecast
2026	-3.39	Forecast
2025	-3.67
2024	-6.23
2023	-3.90
2022	-3.98
2021	-6.45
2020	-9.68
2019	-2.74
2018	-2.76
2017	-1.80
2016	-1.76

Sources

IMF Fiscal Policy Panel1953–2023
IMF World Economic Outlook1994–2025
IMF Government Finance Statistics2019–2021
IMF WEO (forecast)2025–2031

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

General government deficit (% of GDP)

Recent values

Sources

More for Panama

General government deficit (% of GDP) elsewhere