Panama recorded a government debt equivalent to 39.48 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Panama averaged 60.16 percent from 1991 until 2018, reaching an all time high of 115.75 percent in 1991 and a record low of 35 percent in 2013.

Government Debt to GDP in Panama is expected to be 42.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Government Debt to GDP is projected to trend around 41.00 percent in 2020, according to our econometric models.


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Panama Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
39.48 37.53 115.75 35.00 1991 - 2018 percent Yearly


Panama Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.

Panama Government Last Previous Highest Lowest Unit
Government Debt to GDP 39.48 37.53 115.75 35.00 percent [+]
Government Budget -2.80 -3.10 3.45 -4.87 percent of GDP [+]
Credit Rating 61.00 [+]