The ratio of government revenue to gross domestic product (GDP) in Panama was forecast to continuously increase between 2024 and 2029 by in total 0.3 percentage points. According to this forecast in 2029, the ratio will have increased for the fifth consecutive year to 18 percent. Depicted here is the general government revenue as a share of the national gross domestic product. As defined by the International Monetary Fund, 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.
Ratio of government revenue to gross domestic product (GDP) in Panama from 2007 to 2029
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IMF. (April 22, 2024). Ratio of government revenue to gross domestic product (GDP) in Panama from 2007 to 2029 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1392558/ratio-of-government-revenue-to-gross-domestic-product-gdp-panama/
IMF. "Ratio of government revenue to gross domestic product (GDP) in Panama from 2007 to 2029." Chart. April 22, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1392558/ratio-of-government-revenue-to-gross-domestic-product-gdp-panama/
IMF. (2024). Ratio of government revenue to gross domestic product (GDP) in Panama from 2007 to 2029. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1392558/ratio-of-government-revenue-to-gross-domestic-product-gdp-panama/
IMF. "Ratio of Government Revenue to Gross Domestic Product (Gdp) in Panama from 2007 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1392558/ratio-of-government-revenue-to-gross-domestic-product-gdp-panama/
IMF, Ratio of government revenue to gross domestic product (GDP) in Panama from 2007 to 2029 Statista, https://www.statista.com/statistics/1392558/ratio-of-government-revenue-to-gross-domestic-product-gdp-panama/ (last visited August 25, 2024)
Ratio of government revenue to gross domestic product (GDP) in Panama from 2007 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392558/ratio-of-government-revenue-to-gross-domestic-product-gdp-panama/