Total current account debit/expenditure, Debit/Expenditure in Panama
Panama: Total current account debit/expenditure, Debit/Expenditure was 40.84 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Panama, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account debit/expenditure, debit/expenditure in Panama stood at 40.84 billion.
That represents a change of down 9.3% on the previous year and up 7.7% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Panama peaked at 45.01 billion in 2023 and was at its lowest, 13.02 billion, in 2005.
Panama ranks 74th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 13.02 billion | — |
| 2006 | 14.83 billion | +13.9% |
| 2007 | 19.32 billion | +30.2% |
| 2008 | 24.88 billion | +28.8% |
| 2009 | 21.32 billion | -14.3% |
| 2010 | 26.16 billion | +22.7% |
| 2011 | 34.64 billion | +32.4% |
| 2012 | 37.36 billion | +7.9% |
| 2013 | 37.28 billion | -0.2% |
| 2014 | 37.91 billion | +1.7% |
| 2015 | 33.63 billion | -11.3% |
| 2016 | 32.51 billion | -3.3% |
| 2017 | 33.95 billion | +4.4% |
| 2018 | 36.65 billion | +8.0% |
| 2019 | 34.81 billion | -5.0% |
| 2020 | 21.69 billion | -37.7% |
| 2021 | 30.46 billion | +40.4% |
| 2022 | 38.66 billion | +26.9% |
| 2023 | 45.01 billion | +16.4% |
| 2024 | 40.84 billion | -9.3% |
Panama compared with similar countries
- Panama's 40.84 billion is below the median for high income countries, which is 79.74 billion, 51% of the median. (72 countries reporting)
- Panama's 40.84 billion is above the median for Latin America & Caribbean, which is 12.97 billion, 3.1× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.67 billion | 13.02 billion | 24.88 billion | 5 |
| 2010s | 34.49 billion | 26.16 billion | 37.91 billion | 10 |
| 2020s | 35.33 billion | 21.69 billion | 45.01 billion | 5 |
Countries ranked near Panama
More trade data for Panama
- Commodity Net Export Price Index, Individual Commodities Weighted by 128.71 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.42 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 107.35 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.85 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.73 (2025)
- Imports of low carbon technology products, Percent of GDP 0.5102 (2024)
- Imports of low carbon technology products, US dollar (World), per 97.76 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0051 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 4.63 million (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Panama?
- Total current account debit/expenditure, debit/expenditure in Panama was 40.84 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Panama?
- The highest recorded value was 45.01 billion in 2023.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Panama?
- The lowest recorded value was 13.02 billion in 2005.
- How does Panama rank for total current account debit/expenditure, debit/expenditure?
- Panama ranks 74th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Panama?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.