AÑOS 1994-2009 MOVIMIENTO DE LA DEUDA DEL SECTOR PÚBLICO.

1994 AL 2014
PREPARADO POR: EN MILES DE BALBOAS
JORGE KARICA CASTILLO BALLADARES MOSCOSO
DEUDA SECTOR PÚBLICO 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

SALDO AL 1 DE ENERO 5,624,843 5,843,209 5,713,194 7,506,692 7,429,169 7,554,457 8,166,982 8,237,036 8,937,659 9,084,194
NUEVAS OBLIGACIONES 770,059 371,214 4,417,660 1,937,231 1,372,260 1,616,425 1,169,159 1,778,760 2,009,815 2,175,815
AMORTIZACIONES 551,693 501,229 2,624,073 2,014,754 1,247,152 1,003,900 1,099,105 1,078,137 1,863,280 2,029,280
SALDO AL 31 DE DICIEMBRE 5,843,209 5,713,194 7,506,781 7,429,169 7,554,277 8,166,982 8,237,036 8,937,659 9,084,194 9,230,729
AUMENTO O DISMINUCIÓN 218,366 -130,015 1,793,587 -77,523 125,108 612,525 70,054 700,623 146,535 146,535
AJUSTE EFECTUADO 0 0 -89 180

SERVICIO DE LA DEUDA PUBLICA 812,506 764,224 3,057,124 2,444,034 1,686,224 1,499,700 1,680,856 1,658,202 2,452,921 2,614,280
SALDO REEVALUADO 7,559,137 8,174,337 8,209,858 8,883,241 9,077,737 9,230,729
DEUDA PER CAPITA
MENOS
SUB PRÉSTAMOS ENTRE EL GOBIERNO
Y EL SECTOR DESCENTRALIZADO 108,508 102,511 421,380 344,522 211,149 209,895 209,621 207,298 201,521 201,521

SALDO NETO AL 31 DE DICIEMBRE 5,734,701 5,610,683 7,085,312 7,084,647 7,343,308 7,957,087 8,027,415 8,730,361 8,882,673 9,029,208
INTERESES Y COMISIONES PAGADAS 260,813 262,995 433,051 429,280 439,072 495,800 581,751 580,065 589,641 585,000

PROMEDIO INTERESES X AÑO 365,042 603,344

INTERESES Y COMISIONES PAGADAS 1995 AL 2009 INTERESES

900,000 4,500,000

764,552 783,675 775,418 786,548 773,362 4,000,000

800,000

700,000 680,263 3,500,000

MILES DE BALBOAS
MILES DE BALBOAS

581,751 580,065 589,641 585,000 3,000,000

600,000
495,800 2,500,000
500,000 439,072
433,051 429,280
2,000,000
400,000
1,500,000
300,000 262,995
1,000,000
200,000
500,000
100,000
0
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
AÑOS
 495,800 2,500,000

MILES DE BAL

MILES DE BA
500,000 439,072
433,051 429,280
2,000,000
400,000
1,500,000
300,000 262,995
1,000,000
200,000
500,000
100,000
0
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
AÑOS

SERVICIO DE LA DEUDA 1995 AL 2009 SERVICIO DE LA DEUDA P

4,500,000 16,000,000
4,191,488
4,000,000 14,000,000

3,500,000 3,405,629 12,000,000

MILES DE BALBOAS
3,057,124
MILES DE BALBOAS

3,000,000 10,000,000 9,451,306

2,614,280 2,515,437
2,444,034 2,452,921 2,424,127 2,419,077
2,500,000 2,287,247 8,000,000

2,000,000 1,686,224 1,680,856 1,658,202 6,000,000

1,499,700
1,500,000 4,000,000

1,000,000 764,224 2,000,000

500,000 0
0 BALLADARES
1995-1999
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
AÑOS
 TORRIJOS RICARDO MARTINELLI BERROCAL JUAN C
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
(P) CGR

8,672,529 9,969,762 10,256,434 10,465,130 10,437,196 10,390,700 10,954,013 11,596,561 12,738,160 14,276,209 15,825,869 18,445,209
3,041,097 1,941,197 3,616,509 1,483,895 1,682,393 3,195,580 1,962,327 2,624,199 4,048,211 4,107,213 4,206,300 3,596,998
1,743,864 1,654,525 3,407,813 1,511,829 1,728,889 2,632,267 1,411,885 1,482,600 2,510,162 2,557,553 1,586,960 1,603,620
9,969,762 10,256,434 10,465,130 10,437,196 10,390,700 10,954,013 11,504,455 12,738,160 14,276,209 15,825,869 18,445,209 20,438,587
1,297,233 286,672 208,696 -27,934 -46,496 563,313 550,442 1,141,599 1,538,049 1,549,660 2,619,339

2,424,127 2,419,077 4,191,488 2,287,247 2,515,437 3,405,629 2,128,679 2,228,066 3,277,026 3,408,096 2,500,314 1,964,134
10,026,462 10,268,199 10,485,567 10,470,664 10,437,417 10,972,333 11,629,489 12,814,260 14,265,201 15,683,620 18,230,967
3,133.00 3,153.55 3,166.06 3,095.10 3,033.27 3,135.97 3,269.87 3,545.65 3,798.30 4,040.08 4,622.06

9,969,762 10,256,434 10,465,130 10,437,196 10,390,700 10,954,013 11,504,455 12,738,160 14,276,209 15,825,869 18,445,209 20,438,587
680,263 764,552 783,675 775,418 786,548 773,362 716,794 745,466 766,864 850,543 913,354 978,396

776,711

INTERESES Y COMISIONES POR PERÍODO. 1995-2009

4,500,000

4,000,000 3,883,555

3,500,000
3,016,720
MILES DE BALBOAS

3,000,000

2,500,000
2,060,198
2,000,000

1,500,000

1,000,000

500,000

0
BALLADARES MOSCOSO TORRIJOS
1995-1999 2000-2004 2005-2009

PERÍODOS
MILES DE BA 2,500,000
2,060,198
2,000,000

1,500,000

1,000,000

500,000

0
BALLADARES MOSCOSO TORRIJOS
1995-1999 2000-2004 2005-2009

PERÍODOS

SERVICIO DE LA DEUDA POR PERÍODOS. 1995-2009

DEUDA GENERADA POR PERÍODO PRESIDENCIAL
16,000,000 14,818,878
8,000,000
14,000,000 7,39
7,000,000
12,000,000 10,830,386
6,000,000
9,451,306

MILES DE BALBOAS
10,000,000
5,000,000
8,000,000
4,000,000
6,000,000
3,000,000
4,000,000 2,323,773 2,360,980
2,000,000
2,000,000
1,000,000 984,251
0
0
BALLADARES MOSCOSO TORRIJOS BALLADARES MOSCOSO TORRIJOS MARTINEL
1995-1999 2000-2004 2005-2009
PRESIDENTES
PERÍODO
 AUM
JUAN CARLOS VARELA RODRÍGUEZ NITO CORTIZO
2016 2017 2018 2019 2020 2021 2022 2023 2024 TOTAL 1995-1999
BALLADARES

20,438,587 21,801,617 25,602,400 31,018,500 36,960,000 37,053,808

3,090,477 3,631,719 4,230,286 7,517,608 8,649,973 6,808,768 56,214,794 9,714,881
1,727,447 1,884,068 1,932,373 2,193,667 2,767,287 3,352,876 39,572,018 7,391,108
21,801,617 23,549,268 27,900,312 36,342,441 42,842,686 40,509,700 0 0 0 22,267,620 2,323,773
13,286,369
91
2,323,773
2,417,446 2,175,419 2,295,352 2,365,978 3,534,345 4,134,906 60,673,586 9,451,306

2,217,926

21,801,617 23,549,268 27,900,312

11,450,410 2,060,198

14,173,094 SEGÚN MEF 2012

1,652,775 DIFER HOJA
NCIAL

7,399,090

984,251

ORRIJOS MARTINELLI
 AUMENTO PERÍODO

2000-2004
MOSCOSO

10,174,646
7,813,666
2,360,980

4,684,753
10,830,386

3,016,720
 NUEVOS
PORCENTAJE DE COMPROMISOS DE
MONTO DEUDA TASA INTERÉS AMORTIZACIÓN DEUDA PIB NACIONAL
36,342,441 8 5 12,000 45,000

SALDO INICIAL 2020 2021 2022 2023

DEUDA 36,342,441 37,435,114 38,830,568 40,375,885

INTERES 2,907,395 2,994,809 3,106,445 3,230,071
AMORTIZACIÓN 1,817,122 1,871,756 1,941,528 2,018,794
COMPROMISOS 2,400 272,400 380,400 488,400
NUEVO SALDO 37,435,114 38,830,568 40,375,885 42,075,561

PROYECIÓN DE COMPORTAMIENTO
60,000,000

50,000,000 48,147,755
45,956,655
f(x) = 1865824.07968952 x + 35012335.7055859 43,934,228
40,375,885 42,075,561
R² = 0.992561442261265
40,000,000 37,435,114 38,830,568

30,000,000

20,000,000

10,000,000

0
2020 2021 2022 2023 2024 2025 2026
 MONTO PORCENTAJE DE
PORCENTAJE INCREMENTO DEL
DEL PIB PIB
5,400,000 5%

2024 2025

42,075,561 43,934,228
3,366,045 3,514,738
2,103,778 2,196,711
596,400 704,400
43,934,228 45,956,655

MPORTAMIENTO

50,512,587
48,147,755
45,956,655
859 43,934,228
561

2024 2025 2026 2027

 GRAFICAS DEL COMPORTAMIENTO DE LA D

MOVIMIENTO DE LA DEUDA PÚBLICA SEGÚN PRESIDENTE

NUEVAS OBLIGACIONES AMORTIZACIONES ENDEUDAMIENTO

18,000,000 50
48,2
16,000,000 16,9
14,000,000
MILES DE DOLARES

74
12,000,000 19,5 3
46 11,,9935,32
10,000,000 4,88
1 74,6 10 9,16
1
9,71 10,1 9,54
6
8,000,000 1,10
8 3,66 9,09
0
7,39 7,81 7,39
6,000,000
4,000,000
3 0
3,77 0,98
2,000,000 2,32 2,36 251
0 984,
BALLADARES MOSCOSO TORRIJOS MARTINELLI

SERVICIO DE LA DEUDA SEGÚN PRESIDENTE

16,000,000 14,818,878
14,000,000 13,542,182
12,000,000 10,830,386
MILES DE DÓLARES

10,000,000 9,451,306
8,000,000
6,000,000
4,000,000
2,000,000
0
BALLADARES MOSCOSO TORRIJOS MARTINELLI
1995-1999 2000-2004 2005-2009 2010-2014
PRESIDENTES

DEUDA GENERADA POR PERÍODO PRESIDENCIAL

8,000,000
7,399,090
7,000,000
6,000,000
MILES DE BALBOAS

5,000,000
4,000,000
3,000,000
2,323,773 2,360,980
2,000,000
1,000,000 984,251
0
BALLADARES MOSCOSO TORRIJOS MARTINELLI
PRESIDENTES
ORTAMIENTO DE LA DEUDA PÚBLICA DE BALLADARES A MARTINELLI

E ESCALAMIENTO DE LA DEUDA POR PERIODOS PRESIDENCIALES

DEUDAMIENTO 14,000,000

50 12,000,000
48,2
16,9
MILES DE DOLARES 10,000,000
4 8,000,000
3
1
9,16 5,669,004
9,54 0
6,000,000
4,684,753
9,09
7,39 4,000,000
2,323,773
2,000,000

0
MARTINELLI BALLADARES MOSCOSO TORRIJOS

DEUDA GENERADA POR PERÍODO PRESIDENCIAL

8,000,000
13,542,182
7,000,000
6,000,000
MILES DE BALBOAS

5,000,000
4,000,000
3,000,000 2,323,773 2,360,980
2,000,000
984,251
1,000,000
MARTINELLI
2010-2014 0
BALLADARES MOSCOSO TORRIJOS
PRESIDENTES

7,399,090

MARTINELLI
RIODOS PRESIDENCIALES
13,068,094

5,669,004

TORRIJOS MARTINELLI

DO PRESIDENCIAL
7,399,090

984,251

TORRIJOS MARTINELLI
ES
 INCREMENTOS EN LA DEUDA PÚBLICA
POR ADMINISTRACIÓN
8,000,000
7,399,090
7,000,000

6,000,000

5,000,000

4,000,000

3,000,000
2,323,773 2,360,980
2,000,000
984,251
1,000,000

0
BALLADARES MOSCOSO TORRIJOS MARTINELLI

MOVIMIENTO DE LA DEUDA PÚBLICA SEGÚN ADMINIS-

TRACIONES
NUEVAS OBLIGACIONES AMORTIZACIONES

18,000,000 16,948,250
16,000,000
14,000,000
11,919,574
12,000,000 10,935,323
MILES DE BALBOAS

9,714,881 10,174,646
10,000,000 9,549,161

7,391,108 7,813,666
8,000,000
6,000,000
4,000,000
2,000,000
0
BALLADARES MOSCOSO TORRIJOS MARTINELLI
1995-1999 2000-2004 2005-2009 2010-2014

ADMINISTRACIONES

DEUDA PER CÁPITA. AÑOS 2010-2014

5,000.00 4,622.06
4,500.00
4,040.08
4,000.00 3,798.30
3,545.65
3,500.00 3,269.87
3,000.00
2,500.00
2,000.00
1,500.00
 4,622.06
4,500.00
4,040.08
4,000.00 3,798.30
3,545.65
3,500.00 3,269.87
3,000.00
2,500.00
2,000.00
1,500.00
1,000.00
500.00
0.00
2010 2011 2012 2013 2014

DEUDA PÚBLICA PANAMEÑA INC

SALDOS AL FINAL DEL PERÍODO DE 1994 A 2019
EN MILLONES DE BALBOAS
40,000,000 36,342,441
35,000,000
30,000,000
25,000,000
20,000,000 18,445,209

15,000,000
9,969,762 10,954,013
10,000,000 8,166,982
5,843,203
5,000,000
0
ENDARA BALLADARES MOSCOSO TORRIJOS MARTINELLI VARELA
 MOVIMIENTO DE LA DEUDA PÚBLICA SEGÚN ADMIN-
NUEVAS OBLIGACIONES
ISTRACIONES
AMORTIZACIONES
18,000,000 16,948,250
090
16,000,000
14,000,000
11,919,574
12,000,000
MILES DE BALBOAS

9,714,881 10,174,646
10,000,000 10,935,323
9,549,161
8,000,000
7,391,108 7,813,666
6,000,000
4,000,000
2,000,000
0
BALLADARES MOSCOSO TORRIJOS MARTINELLI
1995-1999 2000-2004 2005-2009 2010-2014

ADMINISTRACIONES
NELLI

MOVIMIENTO DE LA DEUDA PÚBLICA SEGÚN ADMIN-

ISTRACIONES
16,948,250

9,714,881

11,919,574
10,174,646

1995-1999 BALLADARES 2000-2004 MOSCOSO 2005-2009 TORRIJOS

2010-2014 MARTINELLI

DEUDA PER CÁPITA. AÑOS 2010-2014

4,800.00
4,600.00 4,622.06
f(x) = 319.8808866432 x + 2895.54946472463
4,400.00 R² = 0.961759205142047

4,200.00
4,000.00 4,040.08

3,800.00 3,798.30
3,600.00
3,545.65
4,600.00 4,622.06
f(x) = 319.8808866432 x + 2895.54946472463
4,400.00 R² = 0.961759205142047

4,200.00
4,000.00 4,040.08

3,800.00 3,798.30
3,600.00
3,545.65
3,400.00
3,269.87
3,200.00
3,000.00
2010 2011 2012 2013 2014

INCREMENTO DE LA DEUDA PÚBLICA POR ADMINISTRACIÓN

Millones de Balboas

BAL- MOSCOSO; 1,802,780 TORRIJOS; 984,251

LADARES; MARTINELLI; 7,491,196
2,323,779

VARELA; 17,897,232