Ratio of government expenditure to GDP in Panama 1994 to 2030

Fluctuating decline between 1994 and 2025
Between 1994 and 2025 a total decrease by approximately 3.40 percentage points can be observed. The data emphasizes however that this decrease did not happen continuously.

Fluctuating decline between 2025 and 2030
The ratio will amount to roughly 21.58 percent in 2030, according to forecasts. This indicates an overall decrease by approximately 0.18 percentage points since 2025.

Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.