Cyprus vs Panama: Total Expenditure (general government) — Value Standard Local Currency

Cyprus
13,420 million SLC
in 2024
Panama
15,282 million SLC
in 2021
Cyprus rank
97th
Panama rank
95th

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

  • Cyprus
  • Panama
5.0k7.5k10.0k12.5k15.0k200120122024

How they compare

Panama currently reports 15,282 million SLC against 13,420 million SLC in Cyprus, a difference of 1,862 million SLC.

That makes Panama's figure about 1.1 times Cyprus's.

Across all 5 years both countries report, Panama has been ahead every year.

Cyprus ranks 97th and Panama ranks 95th of 114 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Cyprus Panama Difference Ahead
2010s 8,517 million SLC 12,768 million SLC 4,251 million SLC Panama
2020s 10,613 million SLC 14,885 million SLC 4,272 million SLC Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total expenditure (general government) — value standard local currency, Cyprus or Panama?
Panama, at 15,282 million SLC against 13,420 million SLC in Cyprus as of 2021.
What is the difference in total expenditure (general government) — value standard local currency between Cyprus and Panama?
1,862 million SLC, with Panama ahead.
How many years of comparable data are there for Cyprus and Panama?
5 years are reported by both, from 2017 to 2021.
How do Cyprus and Panama rank globally for total expenditure (general government) — value standard local currency?
Cyprus ranks 97th and Panama ranks 95th of 114 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Total Expenditure (general government) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Panama: Total Expenditure (general government) — Value Standard Local Currency. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/total-expenditure-general-government-value-standard-local-currency/cyprus/panama/

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About this data

Indicator
Total Expenditure (general 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
123 places, 2,235 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.