Total government revenue (budgetary central government) as a in Panama
Panama: Total government revenue (budgetary central government) as a was 11.9% in 2021. ▼ Falling
Latest (2021)
11.9%
Change on year
down 3.0%
World rank
174th
of 182 countries
All-time high
14.1%
in 2017
All-time low
11.9%
in 2021
Years of data
8
2014–2021
Total government revenue (budgetary central government) as a in Panama, 2014–2021
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Panama recorded 11.9% for total government revenue (budgetary central government) as a in 2021. That is the lowest value across all 8 years on record.
Compared with earlier readings it is down 3.0% on the previous year and down 13.3% over ten years.
That places Panama 174th out of 182 countries with data for 2021, putting it in the bottom quarter.
Total government revenue (budgetary central government) as a in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 13.7% | — |
| 2015 | 13.4% | -2.5% |
| 2016 | 13.2% | -1.1% |
| 2017 | 14.1% | +6.1% |
| 2018 | 13.9% | -1.4% |
| 2019 | 12.5% | -10.0% |
| 2020 | 12.3% | -1.6% |
| 2021 | 11.9% | -3.0% |
Panama compared with similar countries
- Panama's 11.9% is below the median for high income countries, which is 38.9%, 31% of the median. (58 countries reporting)
- Panama's 11.9% is below the median for Latin America & Caribbean, which is 25.4%, 47% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.5% | 12.5% | 14.1% | 6 |
| 2020s | 12.1% | 11.9% | 12.3% | 2 |
Countries ranked near Panama
- 171 United Republic of Tanzania 13.8% compare
- 172 Zimbabwe 13.2% compare
- 173 Lebanon 13.0% compare
- 175 Madagascar 11.6% compare
- 176 Bangladesh 11.2% compare
- 177 India 9.1% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is total government revenue (budgetary central government) as a in Panama?
- Total government revenue (budgetary central government) as a in Panama was 11.9% in 2021, according to United Nations Statistics Division, SDG Global Database.
- What is the highest total government revenue (budgetary central government) as a recorded in Panama?
- The highest recorded value was 14.1% in 2017.
- What is the lowest total government revenue (budgetary central government) as a recorded in Panama?
- The lowest recorded value was 11.9% in 2021.
- How does Panama rank for total government revenue (budgetary central government) as a?
- Panama ranks 174th out of 182 countries with data for 2021.
- Is total government revenue (budgetary central government) as a rising or falling in Panama?
- Over the last ten years it is down 13.3%. 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 Total government revenue (budgetary central government) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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