Ghana vs Panama: Government spending as share of GDP vs. GDP per capita
Ghana
23.2%
in 2024
Panama
23.1%
in 2024
Ghana rank
105th
Panama rank
106th
Government spending as share of GDP vs. GDP per capita over time
- Ghana
- Panama
How they compare
Ghana currently reports 23.2% against 23.1% in Panama, a difference of 0.1%.
The two have swapped places 5 times across 63 shared years of data; in 1962 it was Panama ahead.
Ghana ranks 105th and Panama ranks 106th of 151 countries.
Across the 7 decades both report, Ghana averaged higher in 1 and Panama in 6.
Head to head by decade
| Decade | Ghana | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.7% | 15.8% | 3.1% | Panama |
| 1970s | 10.6% | 19.3% | 8.7% | Panama |
| 1980s | 6.1% | 40.1% | 34.0% | Panama |
| 1990s | 10.8% | 26.5% | 15.7% | Panama |
| 2000s | 14.0% | 22.9% | 8.9% | Panama |
| 2010s | 20.3% | 22.3% | 2.1% | Panama |
| 2020s | 25.6% | 23.4% | 2.1% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government spending as share of gdp vs. gdp per capita, Ghana or Panama?
- Ghana, at 23.2% against 23.1% in Panama as of 2024.
- What is the difference in government spending as share of gdp vs. gdp per capita between Ghana and Panama?
- 0.1%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Panama?
- 63 years are reported by both, from 1962 to 2024.
- How do Ghana and Panama rank globally for government spending as share of gdp vs. gdp per capita?
- Ghana ranks 105th and Panama ranks 106th of 151 countries.
- Where does this data come from?
- International Monetary Fund (2025) – with minor processing by Our World in Data, published as Government spending as share of GDP vs. GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.