Panama recorded a Government Budget deficit equal to 3.80 percent of the country's Gross Domestic Product in 2019.
Government Budget in Panama averaged -1.73 percent of GDP from 1993 until 2019, reaching an all time high of 3.45 percent of GDP in 2007 and a record low of -4.87 percent of GDP in 2004. This page provides - Panama Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Government Budget - values, historical data and charts - was last updated on July of 2020.
Government Budget in Panama is expected to reach -4.70 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Government Budget is projected to trend around -4.30 percent of GDP in 2021 and -3.50 percent of GDP in 2022, according to our econometric models.