Total Expenditure (central government) β Value US$ in Panama
Panama: Total Expenditure (central government) β Value US$ was 19,421 million USD in 2024. β Volatile
Total Expenditure (central government) β Value US$ in Panama, 2001β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (central government) β value us$ in Panama stood at 19,421 million USD. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 22.2% on the previous year and up 102.6% over ten years.
Over the whole period, total expenditure (central government) β value us$ in Panama peaked at 19,421 million USD in 2024 and was at its lowest, 2,701 million USD, in 2003.
Panama ranks 70th of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,899 million USD | 2,701 million USD | 6,468 million USD | 9 |
| 2010s | 10,120 million USD | 6,323 million USD | 13,336 million USD | 10 |
| 2020s | 15,783 million USD | 14,207 million USD | 19,421 million USD | 5 |
Countries ranked near Panama
- 67 Slovenia, Republic of 22,108 million USD compare
- 68 Azerbaijan, Republic of 20,941 million USD compare
- 69 Ghana 20,874 million USD compare
- 71 Tunisia 19,246 million USD compare
- 72 Uruguay 19,138 million USD compare
- 73 Costa Rica 18,833 million USD compare
More economy & growth data for Panama
- External balance on goods and services as a percent of gdp 5.04 (2024)
- Inflation of consumer prices -0.1896 (2025)
- Gdp per capita worldbank constant usd 17,650 (2025)
- Manufacturing value added to gdp 4.8 (2025)
- Gdp worldbank constant usd 80.68 billion (2025)
- Gdp per capita in international and market dollars 17,650 (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
Frequently asked questions
- What is total expenditure (central government) β value us$ in Panama?
- Total expenditure (central government) β value us$ in Panama was 19,421 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) β value us$ recorded in Panama?
- The highest recorded value was 19,421 million USD in 2024.
- What is the lowest total expenditure (central government) β value us$ recorded in Panama?
- The lowest recorded value was 2,701 million USD in 2003.
- How does Panama rank for total expenditure (central government) β value us$?
- Panama ranks 70th out of 172 countries with data for 2024.
- Is total expenditure (central government) β value us$ rising or falling in Panama?
- Over the last ten years it is up 102.6%. The long-run trend across the full record is volatile.
- 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) β Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 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.