Algeria vs Panama: Final consumption expenditure
Final consumption expenditure over time
- Algeria
- Panama
How they compare
Panama currently reports 61.4% against 60.0% in Algeria, a difference of 1.4%.
The two have swapped places 5 times across 65 shared years of data; in 1960 it was Algeria ahead.
Algeria ranks 173rd and Panama ranks 170th of 188 countries.
Across the 7 decades both report, Algeria averaged higher in 1 and Panama in 6.
Head to head by decade
| Decade | Algeria | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 76.8% | 74.3% | 2.5% | Algeria |
| 1970s | 64.8% | 69.6% | 4.7% | Panama |
| 1980s | 68.5% | 79.5% | 11.0% | Panama |
| 1990s | 69.9% | 77.0% | 7.2% | Panama |
| 2000s | 50.9% | 73.2% | 22.3% | Panama |
| 2010s | 56.3% | 61.9% | 5.6% | Panama |
| 2020s | 59.9% | 64.1% | 4.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Algeria or Panama?
- Panama, at 61.4% against 60.0% in Algeria as of 2024.
- What is the difference in final consumption expenditure between Algeria and Panama?
- 1.4%, with Panama ahead.
- How many years of comparable data are there for Algeria and Panama?
- 65 years are reported by both, from 1960 to 2024.
- How do Algeria and Panama rank globally for final consumption expenditure?
- Algeria ranks 173rd and Panama ranks 170th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.