Total Expenditure (general government) — Value Standard Local Currency in Panama

Panama: Total Expenditure (general government) — Value Standard Local Currency was 15,282 million SLC in 2021. ▲ Rising

Latest (2021)
15,282 million SLC
Change on year
up 5.5%
World rank
95th
of 114 countries
All-time high
15,282 million SLC
in 2021
All-time low
12,184 million SLC
in 2017
Years of data
5
2017–2021

Total Expenditure (general government) — Value Standard Local Currency in Panama, 2017–2021

05.0k10.0k15.0k2017201920212017: 12.2k million SLC2018: 12.4k million SLC2019: 13.7k million SLC2020: 14.5k million SLC2021: 15.3k million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for total expenditure (general government) — value standard local currency in Panama is 15,282 million SLC, measured in 2021. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 5.5% on the previous year and up 25.4% over five years.

That places Panama 95th out of 114 countries with data for 2021, putting it in the bottom quarter.

Total Expenditure (general government) — Value Standard Local Currency in Panama, year by year

Annual values for Total Expenditure (general government) — Value Standard Local Currency in Panama, 2017 to 2021.
Year million SLC Change
2017 12,184 million SLC
2018 12,445 million SLC +2.1%
2019 13,676 million SLC +9.9%
2020 14,489 million SLC +5.9%
2021 15,282 million SLC +5.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 12,768 million SLC 12,184 million SLC 13,676 million SLC 3
2020s 14,885 million SLC 14,489 million SLC 15,282 million SLC 2

Countries ranked near Panama

  1. 92 Latvia 18,366 million SLC compare
  2. 93 Estonia 17,380 million SLC compare
  3. 94 Zambia 16,825 million SLC
  4. 96 Bosnia and Herzegovina 15,027 million SLC compare
  5. 97 Cyprus 13,420 million SLC compare
  6. 98 Maldives 12,664 million SLC

See the full ranking of 123 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is total expenditure (general government) — value standard local currency in Panama?
Total expenditure (general government) — value standard local currency in Panama was 15,282 million SLC in 2021, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (general government) — value standard local currency recorded in Panama?
The highest recorded value was 15,282 million SLC in 2021.
What is the lowest total expenditure (general government) — value standard local currency recorded in Panama?
The lowest recorded value was 12,184 million SLC in 2017.
How does Panama rank for total expenditure (general government) — value standard local currency?
Panama ranks 95th out of 114 countries with data for 2021.
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 (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Total Expenditure (general government) — Value Standard Local Currency in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/total-expenditure-general-government-value-standard-local-currency/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.