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Panama: Government deficit (% of GDP)

Percent of GDP · 1946–2025 · 80 observations · forecasts to 2031 · 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)

Government deficit (% of GDP)

Report error
-15%-10%-5%0%5%1960198020002020PanamaPanama
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
2031-1.45Forecast
2030-1.50Forecast
2029-2.02Forecast
2028-2.53Forecast
2027-2.98Forecast
2026-3.39Forecast
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

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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