Panama vs Tanzania, United Republic of: Final consumption expenditure
Final consumption expenditure over time
- Panama
- Tanzania, United Republic of
How they compare
Panama currently reports 61.4% against 60.3% in Tanzania, United Republic of, a difference of 1.1%.
The two have swapped places 5 times across 35 shared years of data; in 1990 it was Panama ahead.
Panama ranks 170th and Tanzania, United Republic of ranks 172nd of 188 countries.
Across the 4 decades both report, Panama averaged higher in 2 and Tanzania, United Republic of in 2.
Head to head by decade
| Decade | Panama | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 77.0% | 71.7% | 5.4% | Panama |
| 2000s | 73.2% | 77.7% | 4.5% | Tanzania, United Republic of |
| 2010s | 61.9% | 73.1% | 11.2% | Tanzania, United Republic of |
| 2020s | 64.1% | 62.4% | 1.7% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Panama or Tanzania, United Republic of?
- Panama, at 61.4% against 60.3% in Tanzania, United Republic of as of 2024.
- What is the difference in final consumption expenditure between Panama and Tanzania, United Republic of?
- 1.1%, with Panama ahead.
- How many years of comparable data are there for Panama and Tanzania, United Republic of?
- 35 years are reported by both, from 1990 to 2024.
- How do Panama and Tanzania, United Republic of rank globally for final consumption expenditure?
- Panama ranks 170th and Tanzania, United Republic of ranks 172nd 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.