Luxembourg vs Panama: Final consumption expenditure
Final consumption expenditure over time
- Luxembourg
- Panama
How they compare
Panama currently reports 53.15 billion current LCU against 47.75 billion current LCU in Luxembourg, a difference of 5.40 billion current LCU.
That makes Panama's figure about 1.1 times Luxembourg's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Luxembourg ahead.
Luxembourg ranks 150th and Panama ranks 147th of 187 countries.
Across the 6 decades both report, Luxembourg averaged higher in 3 and Panama in 3.
Head to head by decade
| Decade | Luxembourg | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.85 billion current LCU | 1.64 billion current LCU | 211.25 million current LCU | Luxembourg |
| 1980s | 4.59 billion current LCU | 4.77 billion current LCU | 185.84 million current LCU | Panama |
| 1990s | 9.00 billion current LCU | 6.97 billion current LCU | 2.03 billion current LCU | Luxembourg |
| 2000s | 16.36 billion current LCU | 12.70 billion current LCU | 3.66 billion current LCU | Luxembourg |
| 2010s | 26.11 billion current LCU | 32.13 billion current LCU | 6.02 billion current LCU | Panama |
| 2020s | 38.46 billion current LCU | 47.12 billion current LCU | 8.66 billion current LCU | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Luxembourg or Panama?
- Panama, at 53.15 billion current LCU against 47.75 billion current LCU in Luxembourg as of 2024.
- What is the difference in final consumption expenditure between Luxembourg and Panama?
- 5.40 billion current LCU, with Panama ahead.
- How many years of comparable data are there for Luxembourg and Panama?
- 55 years are reported by both, from 1970 to 2024.
- How do Luxembourg and Panama rank globally for final consumption expenditure?
- Luxembourg ranks 150th and Panama ranks 147th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.