Panama vs Philippines: Cash surplus/deficit as a proportion of GDP

Panama
-17.1%
in 2021
Philippines
-16.9%
in 2023
Panama rank
37th
Philippines rank
35th

Cash surplus/deficit as a proportion of GDP over time

  • Panama
  • Philippines
-20-18-16-14-12200020112023

How they compare

Philippines currently reports -16.9% against -17.1% in Panama, a difference of 0.2%.

The two have swapped places 3 times across 8 shared years of data; in 2014 it was Philippines ahead.

Panama ranks 37th and Philippines ranks 35th of 162 countries.

Across the 2 decades both report, Panama averaged higher in 1 and Philippines in 1.

Head to head by decade

Decade Panama Philippines Difference Ahead
2010s -13.9% -13.7% 0.1% Philippines
2020s -18.2% -19.3% 1.1% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher cash surplus/deficit as a proportion of gdp, Panama or Philippines?
Philippines, at -16.9% against -17.1% in Panama as of 2023.
What is the difference in cash surplus/deficit as a proportion of gdp between Panama and Philippines?
0.2%, with Philippines ahead.
How many years of comparable data are there for Panama and Philippines?
8 years are reported by both, from 2014 to 2021.
How do Panama and Philippines rank globally for cash surplus/deficit as a proportion of gdp?
Panama ranks 37th and Philippines ranks 35th of 162 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Cash surplus/deficit as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Philippines: Cash surplus/deficit as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/cash-surplus-deficit-as-a-proportion-of-gdp-percent/panama/philippines/

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About this data

Indicator
Cash surplus/deficit as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
189 places, 3,493 data points, 2000–2024
Last refreshed