🇵🇦 Panama National Debt Clock
Live tracker for Panama government debt. The national debt currently stands at approximately $40.8 billion, growing at $76 every second based on IMF fiscal deficit projections. Debt-to-GDP: 58%. Per-citizen share: $9,485.
About Panama's National Debt
Panama's dollarized economy is anchored by Canal revenue and a large logistics and banking sector; debt rose through the pandemic, testing its long-held investment-grade rating.
Panama's debt-to-GDP ratio of 58% sits broadly within the range the IMF considers sustainable for an economy with sound institutions. By total government debt, Panama ranks 68th of the 138 governments tracked here.
At the current borrowing rate of $76 per second, Panama adds about $0.0 billion to its national debt every day — roughly $2 billion per year. Each of Panama's 4 million citizens carries an individual share of approximately $9,485. That is below the world average of roughly $12,600 in government debt per person.
Figures are computed by Global Debt Clock using linear extrapolation from IMF general government gross debt baselines (Fiscal Monitor / WEO April 2026) and national treasury data. Actual debt changes through discrete bond issuances — these counters illustrate the approximate scale and pace of sovereign borrowing.
Panama National Debt — Frequently Asked Questions
What is Panama's national debt right now?
Panama's national debt is approximately $40.8 billion as of July 29, 2026, growing at $76 per second. Its debt-to-GDP ratio is 58% and each citizen's share is about $9,485.
How fast is Panama's debt growing?
Panama's government debt grows at approximately $76 per second — about $0.0 billion per day — derived from IMF fiscal-deficit projections anchored to the April 2026 baseline.
What is Panama's debt per capita?
Each of Panama's 4 million citizens carries a notional share of approximately $9,485 of the national debt.
What is Panama's debt-to-GDP ratio?
Panama's debt-to-GDP ratio is 58%. This is within a range generally considered fiscally sustainable.
Why is Panama's government debt at this level?
Panama's dollarized economy is anchored by Canal revenue and a large logistics and banking sector; debt rose through the pandemic, testing its long-held investment-grade rating.
Compare Panama vs another country
Live side-by-side debt comparisons — shareable cards for journalists and social.
Further reading
Other Americas countries
Data & Citation
Source: IMF World Economic Outlook · World Bank International Debt Statistics · baseline anchored .
Methodology: debt = 40,000,000,000 + 76 × seconds_since(2026-04-01)
Machine-readable data: /api/debt?c=pa (live JSON) · /data/debt.json (full dataset)
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