Total Expenditure (central government) — Value US$, 2015 prices in Panama
Panama: Total Expenditure (central government) — Value US$, 2015 prices was 17,461 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Panama, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (central government) — value us$, 2015 prices in Panama stood at 17,461 million USD. That is the highest value across all 24 years on record.
The figure is up 21.4% on the previous year and up 77.8% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Panama peaked at 17,461 million USD in 2024 and was at its lowest, 4,641 million USD, in 2003.
Panama ranks 69th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Panama, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 5,035 million USD | — |
| 2002 | 5,356 million USD | +6.4% |
| 2003 | 4,641 million USD | -13.3% |
| 2004 | 5,408 million USD | +16.5% |
| 2005 | 5,644 million USD | +4.4% |
| 2006 | 6,120 million USD | +8.4% |
| 2007 | 6,590 million USD | +7.7% |
| 2008 | 7,152 million USD | +8.5% |
| 2009 | 8,401 million USD | +17.5% |
| 2010 | 8,005 million USD | -4.7% |
| 2011 | 8,734 million USD | +9.1% |
| 2012 | 10,295 million USD | +17.9% |
| 2013 | 10,282 million USD | -0.1% |
| 2014 | 9,822 million USD | -4.5% |
| 2015 | 10,655 million USD | +8.5% |
| 2016 | 11,109 million USD | +4.3% |
| 2017 | 11,409 million USD | +2.7% |
| 2018 | 11,551 million USD | +1.2% |
| 2019 | 12,726 million USD | +10.2% |
| 2020 | 13,632 million USD | +7.1% |
| 2021 | 14,103 million USD | +3.5% |
| 2022 | 13,242 million USD | -6.1% |
| 2023 | 14,382 million USD | +8.6% |
| 2024 | 17,461 million USD | +21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,039 million USD | 4,641 million USD | 8,401 million USD | 9 |
| 2010s | 10,459 million USD | 8,005 million USD | 12,726 million USD | 10 |
| 2020s | 14,564 million USD | 13,242 million USD | 17,461 million USD | 5 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 7.89 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9669 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 19,135 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.12 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9515 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 18,830 current US$ per person (2025)
- GNI (current LCU), annual growth rate 5.12 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.9515 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Panama?
- Total expenditure (central government) — value us$, 2015 prices in Panama was 17,461 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Panama?
- The highest recorded value was 17,461 million USD in 2024.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Panama?
- The lowest recorded value was 4,641 million USD in 2003.
- How does Panama rank for total expenditure (central government) — value us$, 2015 prices?
- Panama ranks 69th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Panama?
- Over the last ten years it is up 77.8%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.