Oman vs Panama: Total Expenditure (central government) — Value Standard Local Currency

Oman
12,241 million SLC
in 2024
Panama
19,421 million SLC
in 2024
Oman rank
139th
Panama rank
136th

Total Expenditure (central government) — Value Standard Local Currency over time

  • Oman
  • Panama
5.0k10.0k15.0k20.0k200120122024

How they compare

Panama currently reports 19,421 million SLC against 12,241 million SLC in Oman, a difference of 7,180 million SLC.

That makes Panama's figure about 1.6 times Oman's.

The two have swapped places 3 times across 24 shared years of data; in 2001 it was Oman ahead.

Oman ranks 139th and Panama ranks 136th of 174 countries.

Across the 3 decades both report, Oman averaged higher in 2 and Panama in 1.

Head to head by decade

Decade Oman Panama Difference Ahead
2000s 4,724 million SLC 3,899 million SLC 824.92 million SLC Oman
2010s 12,702 million SLC 10,120 million SLC 2,582 million SLC Oman
2020s 12,264 million SLC 15,783 million SLC 3,519 million SLC Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total expenditure (central government) — value standard local currency, Oman or Panama?
Panama, at 19,421 million SLC against 12,241 million SLC in Oman as of 2024.
What is the difference in total expenditure (central government) — value standard local currency between Oman and Panama?
7,180 million SLC, with Panama ahead.
How many years of comparable data are there for Oman and Panama?
24 years are reported by both, from 2001 to 2024.
How do Oman and Panama rank globally for total expenditure (central government) — value standard local currency?
Oman ranks 139th and Panama ranks 136th of 174 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Oman vs Panama: Total Expenditure (central government) — Value Standard Local Currency. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/total-expenditure-central-government-value-standard-local-currency/oman/panama/

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About this data

Indicator
Total Expenditure (central government) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
189 places, 3,863 data points, 2001–2024
Last refreshed

The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.