Panama vs Turkey: Government spending vs. GDP, per unit of GDP

Panama
0.1079 constant 2015 US$ per US$ of GDP
in 2024
Turkey
0.1093 constant 2015 US$ per US$ of GDP
in 2025
Panama rank
106th
Turkey rank
104th

Government spending vs. GDP, per unit of GDP over time

  • Panama
  • Turkey
0.10.20.30.4198720062025

How they compare

Turkey currently reports 0.1093 constant 2015 US$ per US$ of GDP against 0.1079 constant 2015 US$ per US$ of GDP in Panama, a difference of 0.0014 constant 2015 US$ per US$ of GDP.

The two have swapped places 5 times across 29 shared years of data; in 1996 it was Panama ahead.

Panama ranks 106th and Turkey ranks 104th of 166 countries.

Across the 4 decades both report, Panama averaged higher in 2 and Turkey in 2.

Head to head by decade

Decade Panama Turkey Difference Ahead
1990s 0.2332 constant 2015 US$ per US$ of GDP 0.1965 constant 2015 US$ per US$ of GDP 0.0367 constant 2015 US$ per US$ of GDP Panama
2000s 0.2119 constant 2015 US$ per US$ of GDP 0.182 constant 2015 US$ per US$ of GDP 0.0299 constant 2015 US$ per US$ of GDP Panama
2010s 0.1123 constant 2015 US$ per US$ of GDP 0.1428 constant 2015 US$ per US$ of GDP 0.0305 constant 2015 US$ per US$ of GDP Turkey
2020s 0.1184 constant 2015 US$ per US$ of GDP 0.1745 constant 2015 US$ per US$ of GDP 0.0561 constant 2015 US$ per US$ of GDP Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending vs. gdp, per unit of gdp, Panama or Turkey?
Turkey, at 0.1093 constant 2015 US$ per US$ of GDP against 0.1079 constant 2015 US$ per US$ of GDP in Panama as of 2025.
What is the difference in government spending vs. gdp, per unit of gdp between Panama and Turkey?
0.0014 constant 2015 US$ per US$ of GDP, with Turkey ahead.
How many years of comparable data are there for Panama and Turkey?
29 years are reported by both, from 1996 to 2024.
How do Panama and Turkey rank globally for government spending vs. gdp, per unit of gdp?
Panama ranks 106th and Turkey ranks 104th of 166 countries.
Where does this data come from?
Statizoid (derived), published as Government spending vs. GDP, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Turkey: Government spending vs. GDP, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/government-spending-vs-gdp-per-unit-of-gdp/panama/turkiye/

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About this data

Indicator
Government spending vs. GDP, per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 7,051 data points, 1960–2025
Last refreshed

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.