Kuwait vs Panama: General government final consumption expenditure
General government final consumption expenditure over time
- Kuwait
- Panama
How they compare
Kuwait currently reports 12.73 billion current LCU against 10.73 billion current LCU in Panama, a difference of 2.00 billion current LCU.
That makes Kuwait's figure about 1.2 times Panama's.
The two have swapped places 4 times across 60 shared years of data; in 1965 it was Kuwait ahead.
Kuwait ranks 147th and Panama ranks 149th of 186 countries.
Across the 7 decades both report, Kuwait averaged higher in 6 and Panama in 1.
Head to head by decade
| Decade | Kuwait | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 129.60 million current LCU | 117.10 million current LCU | 12.50 million current LCU | Kuwait |
| 1970s | 378.87 million current LCU | 389.33 million current LCU | 10.46 million current LCU | Panama |
| 1980s | 1.32 billion current LCU | 1.12 billion current LCU | 208.90 million current LCU | Kuwait |
| 1990s | 2.53 billion current LCU | 1.29 billion current LCU | 1.23 billion current LCU | Kuwait |
| 2000s | 3.80 billion current LCU | 2.32 billion current LCU | 1.48 billion current LCU | Kuwait |
| 2010s | 8.15 billion current LCU | 5.58 billion current LCU | 2.56 billion current LCU | Kuwait |
| 2020s | 11.72 billion current LCU | 9.69 billion current LCU | 2.03 billion current LCU | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Kuwait or Panama?
- Kuwait, at 12.73 billion current LCU against 10.73 billion current LCU in Panama as of 2024.
- What is the difference in general government final consumption expenditure between Kuwait and Panama?
- 2.00 billion current LCU, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Panama?
- 60 years are reported by both, from 1965 to 2024.
- How do Kuwait and Panama rank globally for general government final consumption expenditure?
- Kuwait ranks 147th and Panama ranks 149th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government 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. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.