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

Panama
-17.1%
in 2021
Singapore
-17.3%
in 2023
Panama rank
37th
Singapore rank
38th

Cash surplus/deficit as a proportion of GDP over time

  • Panama
  • Singapore
-25-20-15-10200020112023

How they compare

Panama currently reports -17.1% against -17.3% in Singapore, a difference of 0.2%.

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

Panama ranks 37th and Singapore ranks 38th of 162 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Panama Singapore Difference Ahead
2010s -13.9% -14.4% 0.6% Panama
2020s -18.2% -21.0% 2.8% 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 Singapore?
Panama, at -17.1% against -17.3% in Singapore as of 2021.
What is the difference in cash surplus/deficit as a proportion of gdp between Panama and Singapore?
0.2%, with Panama ahead.
How many years of comparable data are there for Panama and Singapore?
8 years are reported by both, from 2014 to 2021.
How do Panama and Singapore rank globally for cash surplus/deficit as a proportion of gdp?
Panama ranks 37th and Singapore ranks 38th 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 Singapore: Cash surplus/deficit as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/cash-surplus-deficit-as-a-proportion-of-gdp-percent/panama/singapore/

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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