Panama Government Debt to GDP
AnnualNot seasonally adjustedCode PA.GOVDEBT.A.NSA
Latest65.4%2025
Previous62.1%2024
Year ago62.1%2024
Panama Government Debt to GDP was 65.4% in 2025, up 3.4 percentage points from 2024.
Among the 38 economies Makrognosis covers on this measure, it is the 19th highest.
Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.
Recent data
| Period | Value |
|---|---|
| 2025 | 65.4% |
| 2024 | 62.1% |
| 2023 | 56.1% |
| 2022 | 57.9% |
| 2021 | 60.1% |
| 2020 | 64.8% |
| 2019 | 44.5% |
| 2018 | 38.2% |
Last 8 observations. The full history (8 observations) is available through the API.
Get Panama Government Debt to GDP in your code or spreadsheet
One guessable code, agency-direct, updated on release. Free tier available.
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
"https://makrognosis.robomacro.com/v1/series/PA.GOVDEBT.A.NSA"
# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PA.GOVDEBT.A.NSA",
headers={"X-API-Key": KEY})
obs = r.json()["observations"]About this series
| Latest observation | 2025 |
|---|---|
| First observation | 2018 |
| Observations | 8 |
| Frequency | Annual |
| Units | % of GDP |
| Adjustment | Not seasonally adjusted |
| 10-year high | 65.4% (2025) |
| 10-year low | 38.2% (2018) |
| 10-year average | 56.1% |
| Source agency | Panama Ministry of Economy and Finance (DFP) |
| Makrognosis code | PA.GOVDEBT.A.NSA |
Government Debt to GDP: how Panama compares
| # | Economy | Period | Latest |
|---|---|---|---|
| 1 | Singapore | 2025 | 166.1% |
| 2 | Greece | 2026 | 140.8% |
| 3 | Italy | 2026 | 139.9% |
| 4 | Canada | 2026 | 131.3% |
| 5 | United States | 2026 | 121.7% |
| 14 | South Africa | 2026 | 78.4% |
| 15 | Argentina | 2025 | 78.1% |
| 16 | Hungary | 2026 | 75.6% |
| 17 | Pakistan | 2025 | 70.7% |
| 18 | Morocco | 2025 | 66.6% |
| 19 | Panama | 2025 | 65.4% |
| 20 | Poland | 2026 | 64.5% |
| 21 | Germany | 2026 | 63.4% |
| 22 | Colombia | 2025 | 62.9% |
| 23 | Norway | 2026 | 60.8% |
| 24 | Romania | 2026 | 59.4% |
| 25 | Mexico | 2026 | 50.9% |
Government Debt to GDP by country: all 38 economies ranked →
Other Panama indicators
Panama Inflation Rate (CPI)Panama Credit Rating & Sovereign Risk ScorePanama Gross SPNF public debt, USD million (MEF DFP Grafica 3, year-end)
FAQ
- What is the current government Debt to GDP in Panama?
- The latest reading is 65.4% for 2025, published by Panama Ministry of Economy and Finance (DFP).
- Where does this data come from?
- It is collected directly from Panama Ministry of Economy and Finance (DFP) and is available through the Makrognosis API under the code PA.GOVDEBT.A.NSA.
Last updated 2026-09-22. Source: Panama Ministry of Economy and Finance (DFP). Original title: “Panama gross SPNF public debt, % of GDP (MEF DFP Grafica 3, year-end)”.