Cash surplus/deficit as a proportion of GDP in Panama

Panama: Cash surplus/deficit as a proportion of GDP was -17.1% in 2021. ▼ Falling

Latest (2021)
-17.1%
Change on year
up 11.0%
World rank
37th
of 162 countries
All-time high
-12.9%
in 2014
All-time low
-19.3%
in 2020
Years of data
8
2014–2021

Cash surplus/deficit as a proportion of GDP in Panama, 2014–2021

-20-18-16-14-122014201720212014: -12.9 %2015: -14 %2016: -13.7 %2017: -13.9 %2018: -13.6 %2019: -15 %2020: -19.3 %2021: -17.1 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Panama recorded -17.1% for cash surplus/deficit as a proportion of gdp in 2021.

That represents a change of up 11.0% on the previous year and down 32.8% over ten years.

That places Panama 37th out of 162 countries with data for 2021, putting it in the top quarter.

Cash surplus/deficit as a proportion of GDP in Panama, year by year

Annual values for Cash surplus/deficit as a proportion of GDP (%) in Panama, 2014 to 2021.
Year % Change
2014 -12.9%
2015 -14.0% +8.4%
2016 -13.7% -2.2%
2017 -13.9% +1.8%
2018 -13.6% -2.5%
2019 -15.0% +10.6%
2020 -19.3% +28.1%
2021 -17.1% -11.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s -13.9% -15.0% -12.9% 6
2020s -18.2% -19.3% -17.1% 2

Countries ranked near Panama

  1. 34 Switzerland -16.7% compare
  2. 35 Philippines -16.9% compare
  3. 36 Malaysia -17.0% compare
  4. 38 Singapore -17.3% compare
  5. 39 Kazakhstan -17.4% compare
  6. 40 Saint Lucia -17.6%

See the full ranking of 189 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is cash surplus/deficit as a proportion of gdp in Panama?
Cash surplus/deficit as a proportion of gdp in Panama was -17.1% in 2021, according to United Nations Statistics Division, SDG Global Database.
What is the highest cash surplus/deficit as a proportion of gdp recorded in Panama?
The highest recorded value was -12.9% in 2014.
What is the lowest cash surplus/deficit as a proportion of gdp recorded in Panama?
The lowest recorded value was -19.3% in 2020.
How does Panama rank for cash surplus/deficit as a proportion of gdp?
Panama ranks 37th out of 162 countries with data for 2021.
Is cash surplus/deficit as a proportion of gdp rising or falling in Panama?
Over the last ten years it is down 32.8%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Cash surplus/deficit as a proportion of GDP in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/cash-surplus-deficit-as-a-proportion-of-gdp-percent/panama/

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About this data

Indicator
Cash surplus/deficit as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
189 places, 3,493 data points, 2000–2024
Last refreshed