Latin America & Caribbean vs Panama: Final consumption expenditure
Final consumption expenditure over time
- Latin America & Caribbean
- Panama
How they compare
Panama currently reports 6.0% against 2.4% in Latin America & Caribbean, a difference of 3.6%.
That makes Panama's figure about 2.4 times Latin America & Caribbean's.
The two have swapped places 10 times across 28 shared years of data; in 1997 it was Panama ahead.
Latin America & Caribbean ranks 33rd and Panama ranks 31st of 42 groups.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.0% | 9.1% | 6.1% | Panama |
| 2000s | 3.0% | 5.2% | 2.3% | Panama |
| 2010s | 2.4% | 5.1% | 2.7% | Panama |
| 2020s | 2.1% | 3.3% | 1.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Latin America & Caribbean or Panama?
- Panama, at 6.0% against 2.4% in Latin America & Caribbean as of 2024.
- What is the difference in final consumption expenditure between Latin America & Caribbean and Panama?
- 3.6%, with Panama ahead.
- How many years of comparable data are there for Latin America & Caribbean and Panama?
- 28 years are reported by both, from 1997 to 2024.
- How do Latin America & Caribbean and Panama rank globally for final consumption expenditure?
- Latin America & Caribbean ranks 33rd and Panama ranks 31st of 42 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.