Luxembourg vs Panama: General government final consumption expenditure
General government final consumption expenditure over time
- Luxembourg
- Panama
How they compare
Panama currently reports 4.0% against 3.7% in Luxembourg, a difference of 0.3%.
That makes Panama's figure about 1.1 times Luxembourg's.
The two have swapped places 12 times across 28 shared years of data; in 1997 it was Luxembourg ahead.
Luxembourg ranks 64th and Panama ranks 62nd of 174 countries.
Across the 4 decades both report, Luxembourg averaged higher in 1 and Panama in 3.
Head to head by decade
| Decade | Luxembourg | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.3% | 3.7% | 0.5% | Luxembourg |
| 2000s | 3.1% | 5.5% | 2.5% | Panama |
| 2010s | 3.1% | 4.9% | 1.8% | Panama |
| 2020s | 4.6% | 5.8% | 1.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Luxembourg or Panama?
- Panama, at 4.0% against 3.7% in Luxembourg as of 2024.
- What is the difference in general government final consumption expenditure between Luxembourg and Panama?
- 0.3%, with Panama ahead.
- How many years of comparable data are there for Luxembourg and Panama?
- 28 years are reported by both, from 1997 to 2024.
- How do Luxembourg and Panama rank globally for general government final consumption expenditure?
- Luxembourg ranks 64th and Panama ranks 62nd of 174 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.