Panama vs Philippines: Expense
Panama
17.1%
in 2021
Philippines
16.9%
in 2023
Panama rank
123rd
Philippines rank
126th
Expense over time
- Panama
- Philippines
How they compare
Panama currently reports 17.1% against 16.9% in Philippines, 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 123rd and Philippines ranks 126th of 157 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% | Panama |
| 2020s | 18.2% | 19.3% | 1.1% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Panama or Philippines?
- Panama, at 17.1% against 16.9% in Philippines as of 2021.
- What is the difference in expense between Panama and Philippines?
- 0.2%, with Panama 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 expense?
- Panama ranks 123rd and Philippines ranks 126th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.