Cuba vs Panama: General government final consumption expenditure
General government final consumption expenditure over time
- Cuba
- Panama
How they compare
Cuba currently reports 11.62 billion constant LCU against 10.14 billion constant LCU in Panama, a difference of 1.48 billion constant LCU.
That makes Cuba's figure about 1.1 times Panama's.
Across all 29 years both countries report, Cuba has been ahead every year.
Cuba ranks 132nd and Panama ranks 135th of 175 countries.
Cuba has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cuba | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.85 billion constant LCU | 2.64 billion constant LCU | 4.21 billion constant LCU | Cuba |
| 2000s | 9.92 billion constant LCU | 3.88 billion constant LCU | 6.04 billion constant LCU | Cuba |
| 2010s | 12.93 billion constant LCU | 6.15 billion constant LCU | 6.78 billion constant LCU | Cuba |
| 2020s | 12.98 billion constant LCU | 9.41 billion constant LCU | 3.57 billion constant LCU | Cuba |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Cuba or Panama?
- Cuba, at 11.62 billion constant LCU against 10.14 billion constant LCU in Panama as of 2024.
- What is the difference in general government final consumption expenditure between Cuba and Panama?
- 1.48 billion constant LCU, with Cuba ahead.
- How many years of comparable data are there for Cuba and Panama?
- 29 years are reported by both, from 1996 to 2024.
- How do Cuba and Panama rank globally for general government final consumption expenditure?
- Cuba ranks 132nd and Panama ranks 135th of 175 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 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. 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.