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Latin America & Caribbean · Partial data: missing GF10, GF0107

Data checked 28 Oct 2026 · next scheduled check 1 Jan 2027 · UN World Population Prospects (via World Bank) released 1 Jul 2026 · World Bank WDI released 8 Oct 2026

Total spending · 2024

23.1%

-2.8 pts since 1995

Welfare · 2024

Not available

Healthcare · 2024

Not available

Defence · 2024

0.00%

-1.1 pts since 1995

Education · 2024

Not available

Debt interest · 2024

Not available

Gross debt · 2025

56.6%

of GDP · -30 pts since 1995

Population · 2025

4.6m

67.8% since 1995

Public-sector employment

Not available: no official public-sector employment series is loaded for Panama yet.

Not available: general-government welfare (COFOG 10) and COFOG debt transactions (01.7). No matching official observation was found in the sources checked; narrower-sector or differently defined figures are not substituted.

Healthcare rose from 4.5% to 5.5% of GDP between 2000 and 2020, then fell to 4.3% by 2023.

Defence fell from 1.1% to 0.0% of GDP between 1995 and 2025.

Education rose from 3.9% to 4.9% of GDP between 1995 and 2000, then fell to 2.5% by 2023.

Total spending fell from 25.9% to 20.6% of GDP between 1995 and 2019, then rose to 23.1% by 2024.

Gross debt fell from 86.7% to 30.8% of GDP between 1995 and 2013, then rose to 56.6% by 2025.

Population grew from 2.7 million in 1995 to 4.6 million in 2025; the UN projects 5.6 million by 2050.

Every figure comes from official statistics: the national office's own COFOG submission (via Eurostat or the OECD) first, then the IMF, the World Bank and the UN. COFOG covers general government (central, state and local together). A dashed vertical mark on a line is a series break, where the source changes. Euro-area history is in euro-fixed terms.