Guatemala vs Panama: Government expenditure vs gdp

Guatemala
9.60 billion
in 2025
Panama
9.34 billion
in 2024
Guatemala rank
72nd
Panama rank
74th

Government expenditure vs gdp over time

  • Guatemala
  • Panama
02.0B4.0B6.0B8.0B10.0B196019922025

How they compare

Guatemala currently reports 9.60 billion against 9.34 billion in Panama, a difference of 266.60 million.

The two have swapped places 3 times across 29 shared years of data; in 1996 it was Guatemala ahead.

Guatemala ranks 72nd and Panama ranks 74th of 166 countries.

Across the 4 decades both report, Guatemala averaged higher in 3 and Panama in 1.

Head to head by decade

Decade Guatemala Panama Difference Ahead
1990s 3.03 billion 2.43 billion 597.24 million Guatemala
2000s 4.01 billion 3.57 billion 435.33 million Guatemala
2010s 6.65 billion 5.66 billion 983.90 million Guatemala
2020s 8.37 billion 8.66 billion 298.39 million Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure vs gdp, Guatemala or Panama?
Guatemala, at 9.60 billion against 9.34 billion in Panama as of 2025.
What is the difference in government expenditure vs gdp between Guatemala and Panama?
266.60 million, with Guatemala ahead.
How many years of comparable data are there for Guatemala and Panama?
29 years are reported by both, from 1996 to 2024.
How do Guatemala and Panama rank globally for government expenditure vs gdp?
Guatemala ranks 72nd and Panama ranks 74th of 166 countries.
Where does this data come from?
Our World in Data, published as Government expenditure vs gdp. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guatemala vs Panama: Government expenditure vs gdp. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://economy.statizoid.com/compare/government-expenditure-vs-gdp/guatemala/panama/

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About this data

Indicator
Government expenditure vs gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed