Ratio of government revenue to gross domestic product (GDP) in Panama 2007-2029

The ratio of government revenue to gross domestic product (GDP) in Panama was forecast to continuously increase between 2024 and 2029 by in total 0.5 percentage points. The ratio is estimated to amount to 18.17 percent in 2029.
The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.

Find more key insights for the ratio of government revenue to gross domestic product (GDP) in countries like Guatemala, Honduras, and Belize.