{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"government-expenditure-vs-gdp","source":"National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/government-expenditure-vs-gdp","title":"Government spending vs. GDP","unit":"constant 2015 US$"},"observations":[{"date":"1996-01-01","value":2317890000.0},{"date":"1997-01-01","value":2338940000.0},{"date":"1998-01-01","value":2497920000.0},{"date":"1999-01-01","value":2585130000.0},{"date":"2000-01-01","value":2700730000.0},{"date":"2001-01-01","value":2964990000.0},{"date":"2002-01-01","value":3251590000.0},{"date":"2003-01-01","value":3283890000.0},{"date":"2004-01-01","value":3351270000.0},{"date":"2005-01-01","value":3610000000.0},{"date":"2006-01-01","value":3828230000.0},{"date":"2007-01-01","value":4010870000.0},{"date":"2008-01-01","value":4334820000.0},{"date":"2009-01-01","value":4408420000.0},{"date":"2010-01-01","value":4702880000.0},{"date":"2011-01-01","value":4949600000.0},{"date":"2012-01-01","value":4955830000.0},{"date":"2013-01-01","value":5088550000.0},{"date":"2014-01-01","value":5146760000.0},{"date":"2015-01-01","value":5498860000.0},{"date":"2016-01-01","value":6022670000.0},{"date":"2017-01-01","value":6393900000.0},{"date":"2018-01-01","value":6806560000.0},{"date":"2019-01-01","value":7062330000.0},{"date":"2020-01-01","value":7874590000.0},{"date":"2021-01-01","value":8441530000.0},{"date":"2022-01-01","value":8689590000.0},{"date":"2023-01-01","value":8979750000.0},{"date":"2024-01-01","value":9337420000.0}],"summary":{"latest_period":"2024-01-01","latest_value":9337420000.0,"max":9337420000.0,"mean":5015020000.0,"min":2317890000.0,"of":163,"rank":72,"trend":"rising"}}