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Government > Spending Stats: compare key data on Ecuador & Panama

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Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Goods and services expense > % of expense: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
STAT Ecuador Panama HISTORY
Compensation of employees > % of expense 48.64%
Ranked 5th. 31% more than Panama
37.06%
Ranked 13th.

Compensation of employees > Current LCU 2.38 billion
Ranked 23th. 2 times more than Panama
1.01 billion
Ranked 67th.

Expense > % of GDP 26.3%
Ranked 17th. 14% more than Panama
23.17%
Ranked 51st.

Expense > Current LCU 4.88 billion
Ranked 23th. 79% more than Panama
2.74 billion
Ranked 69th.

Goods and services expense > % of expense 6.14%
Ranked 44th.
16.47%
Ranked 36th. 3 times more than Ecuador

Goods and services expense > Current LCU 300 million
Ranked 35th.
450.5 million
Ranked 72nd. 50% more than Ecuador

Interest payments > % of expense 25.55%
Ranked 7th. 19% more than Panama
21.46%
Ranked 7th.

Interest payments > % of revenue 21.76%
Ranked 12th. 13% more than Panama
19.31%
Ranked 9th.

Interest payments > Current LCU 1.25 billion
Ranked 21st. 2 times more than Panama
587.28 million
Ranked 63th.

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

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