Panama vs World: Final consumption expenditure (constant 2015 US$), annual growth rate
Panama
5.96 % change on previous year
in 2024
World
2.91 % change on previous year
in 2024
Panama rank
29th
World rank
30th
Final consumption expenditure (constant 2015 US$), annual growth rate over time
- Panama
- World
How they compare
Panama currently reports 5.96 % change on previous year against 2.91 % change on previous year in World, a difference of 3.05 % change on previous year.
That makes Panama's figure about 2.0 times World's.
The two have swapped places 12 times across 28 shared years of data; in 1997 it was Panama ahead.
Panama ranks 29th and World ranks 30th of 172 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Panama | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.11 % change on previous year | 3.41 % change on previous year | 5.7 % change on previous year | Panama |
| 2000s | 5.25 % change on previous year | 3 % change on previous year | 2.25 % change on previous year | Panama |
| 2010s | 5.08 % change on previous year | 2.76 % change on previous year | 2.33 % change on previous year | Panama |
| 2020s | 3.33 % change on previous year | 2.66 % change on previous year | 0.6742 % change on previous year | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure (constant 2015 us$), annual growth rate, Panama or World?
- Panama, at 5.96 % change on previous year against 2.91 % change on previous year in World as of 2024.
- What is the difference in final consumption expenditure (constant 2015 us$), annual growth rate between Panama and World?
- 3.05 % change on previous year, with Panama ahead.
- How many years of comparable data are there for Panama and World?
- 28 years are reported by both, from 1997 to 2024.
- How do Panama and World rank globally for final consumption expenditure (constant 2015 us$), annual growth rate?
- Panama ranks 29th and World ranks 30th of 172 countries.
- Where does this data come from?
- Statizoid (derived), published as Final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.