Subsidies and other transfers in Panama
Panama: Subsidies and other transfers was 4.30 billion current LCU in 2024. ▲ Rising
Subsidies and other transfers in Panama, 2014–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, subsidies and other transfers in Panama stood at 4.30 billion current LCU. That is the highest value across all 11 years on record.
The figure is up 9.2% on the previous year and up 112.1% over ten years.
Over the whole period, subsidies and other transfers in Panama peaked at 4.30 billion current LCU in 2024 and was at its lowest, 2.03 billion current LCU, in 2014.
Panama ranks 128th of 153 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.66 billion current LCU | 2.03 billion current LCU | 3.38 billion current LCU | 6 |
| 2020s | 3.48 billion current LCU | 2.84 billion current LCU | 4.30 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 subsidies and other transfers in Panama?
- Subsidies and other transfers in Panama was 4.30 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Panama?
- The highest recorded value was 4.30 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Panama?
- The lowest recorded value was 2.03 billion current LCU in 2014.
- How does Panama rank for subsidies and other transfers?
- Panama ranks 128th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Panama?
- Over the last ten years it is up 112.1%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.