Net incurrence of liabilities, total in Panama
Panama: Net incurrence of liabilities, total was 7.81 billion current LCU in 2024. ▼ Falling
Net incurrence of liabilities, total in Panama, 2019–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Panama recorded 7.81 billion current LCU for net incurrence of liabilities, total in 2024. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 201.3% on the previous year and up 25.0% over ten years.
Panama ranks 86th of 136 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.25 billion current LCU | 6.25 billion current LCU | 6.25 billion current LCU | 1 |
| 2020s | 4.59 billion current LCU | 2.59 billion current LCU | 7.81 billion current LCU | 5 |
Countries ranked near Panama
More public sector data for Panama
- Arms imports 2.00 million SIPRI trend indicator values (1989)
- Tax revenue 7.2% (2024)
- Taxes on income, profits and capital gains 29.1% (2024)
- Taxes on goods and services 32.6% (2024)
- Net investment in nonfinancial assets 2.1% (2024)
- Net lending (+) / net borrowing (-) -8.2% (2024)
- Interest payments 28.9% (2024)
- Grants and other revenue 33.3% (2024)
- Interest payments 13.4% (2021)
- Other taxes 1.6% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Panama?
- Net incurrence of liabilities, total in Panama was 7.81 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Panama?
- The highest recorded value was 7.81 billion current LCU in 2024.
- What is the lowest net incurrence of liabilities, total recorded in Panama?
- The lowest recorded value was 2.59 billion current LCU in 2023.
- How does Panama rank for net incurrence of liabilities, total?
- Panama ranks 86th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Panama?
- Over the last ten years it is up 25.0%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.