In 2021 Panama public debt was 31,419 million euros37,166 million dollars, has increased 3671,778 million since 2020.
This amount means that the debt in 2021 reached 58.43% of Panama GDP, a 7.13 percentage point fall from 2020, when it was 65.56% of GDP.
If we check the tables we can see the evolution of Panama debt. It has risen since 2011 in global debt terms, when it was 9,436 million euros 13,120 million dollars and also in terms of GDP percentage, when it amounted to 37.82%.
According to the last data point published, Panama per capita debt in 2021 was 7,171 euros8,482 dollars per inhabitant. In 2020 it was 7,257 euros 8,270 dollars, afterwards dropping by 86 euros 212dollars, and if we again check 2011 we can see that then the debt per person was 2,534 euros3,523 dollars .
The position of Panama, as compared with the rest of the world, has improved in 2021 in terms of GDP percentage. Currently it is country number 99 in the list of debt to GDP and 134 in debt per capita, out of the 190 we publish.