NATIONAL PUBLIC DEBT Panama 2023

The national debt increased in Panama

In 2023 Panama public debt was 39,698 million euros42,937 million dollars, has increased 1,4312,608 million since 2022.

This amount means that the debt in 2023 reached 51.49% of Panama GDP, a 1.21 percentage point fall from 2022, when it was 52.7% of GDP.

If we check the tables we can see the evolution of Panama debt. It has risen since 2013 in global debt terms, when it was 12,006 million euros 15,945 million dollars and also in terms of GDP percentage, when it amounted to 33.74%.

According to the last data point published, Panama per capita debt in 2023 was 8,915 euros9,642 dollars per inhabitant. In 2022 it was 8,707 euros 9,176 dollars, afterwards rising by 208 euros466 dollars, and if we again check 2013 we can see that then the debt per person was 3,118 euros4,140 dollars .

The position of Panama, as compared with the rest of the world, has improved in 2023 in terms of GDP percentage. Currently it is country number 91 in the list of debt to GDP and 134 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Panama. You can see debt in other countries in Public debt and see all the information about Panama in economy of Panama.

Panama: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
202339,69842,93751.49%€8,915$9,642
202238,26740,32952.70%€8,707$9,176
202130,98536,67254.40%€7,144$8,456
202030,75835,10461.49%€7,188$8,204
201924,82427,79339.86%€5,884$6,588
201820,27323,95235.59%€4,874$5,759
201719,16521,64333.57%€4,677$5,281
201618,23220,17633.62%€4,516$4,998
201517,30419,20134.25%€4,353$4,830
201413,52417,97134.73%€3,456$4,593
201312,00615,94533.74%€3,118$4,140
201211,09614,26534.04%€2,929$3,766
20119,20712,81435.64%€2,472$3,441
20108,76411,62838.11%€2,393$3,175
20097,88110,98039.07%€2,189$3,050
20087,09710,43740.03%€2,006$2,950
20077,64010,47147.44%€2,198$3,012
20068,33010,46054.74%€2,441$3,065
20058,21910,23159.33%€2,453$3,053
20047,4759,29458.78%€2,273$2,826
20037,2028,14556.48%€2,232$2,524
20028,2537,79856.98%€2,608$2,465
20018,5007,61357.82%€2,740$2,454
20007,5156,94453.59%€2,471$2,283
19996,6047,04555.15%€2,216$2,364
19987,08758.14%$2,426
19976,76960.19%$2,365
19966,76865.03%$2,414
19956,76776.67%$2,463
19946,76678.37%$2,514
19936,76593.27%$2,566
19926,764101.84%$2,621
19916,763115.75%$2,676
Panama: Evolution of debt as a percentage of GDP

Panama: Evolution of debt in millions