Fiscal Balance in Panama
The fiscal balance of Panama averaged -3.6% of GDP in the decade to 2021, below the Central America and Caribbean average of -3.7% of GDP. The fiscal balance in 2021 was -6.8% of GDP. For more information on fiscal balance, visit our dedicated page
Panama Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Panama from 2013 to 2023.
Source: Macrobond.
Panama Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -2.9 | -10.0 | -6.4 | -4.0 | -3.0 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Panamanian fiscal balance projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Panamanian fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Panamanian fiscal balance projections.
Want to get access to the full dataset of Panamanian fiscal balance forecasts? Send an email to info@focus-economics.com.