Korea vs Panama: Gross national expenditure
Korea
94.8%
in 2025
Panama
95.0%
in 2024
Korea rank
146th
Panama rank
145th
Gross national expenditure over time
- Korea
- Panama
How they compare
Panama currently reports 95.0% against 94.8% in Korea, a difference of 0.2%.
The two have swapped places 16 times across 65 shared years of data; in 1960 it was Korea ahead.
Korea ranks 146th and Panama ranks 145th of 186 countries.
Across the 7 decades both report, Korea averaged higher in 2 and Panama in 5.
Head to head by decade
| Decade | Korea | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 109.9% | 100.2% | 9.7% | Korea |
| 1970s | 106.4% | 106.4% | 0.0% | Panama |
| 1980s | 100.5% | 102.2% | 1.7% | Panama |
| 1990s | 99.4% | 106.1% | 6.7% | Panama |
| 2000s | 98.4% | 102.0% | 3.6% | Panama |
| 2010s | 96.1% | 102.7% | 6.6% | Panama |
| 2020s | 97.7% | 96.5% | 1.2% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Korea or Panama?
- Panama, at 95.0% against 94.8% in Korea as of 2024.
- What is the difference in gross national expenditure between Korea and Panama?
- 0.2%, with Panama ahead.
- How many years of comparable data are there for Korea and Panama?
- 65 years are reported by both, from 1960 to 2024.
- How do Korea and Panama rank globally for gross national expenditure?
- Korea ranks 146th and Panama ranks 145th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.