Dominican Republic vs Panama: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Dominican Republic
- Panama
How they compare
Dominican Republic currently reports 16,095 constant 2021 international $ against 15,977 constant 2021 international $ in Panama, a difference of 118 constant 2021 international $.
The two have swapped places 3 times across 29 shared years of data; in 1996 it was Dominican Republic ahead.
Dominican Republic ranks 64th and Panama ranks 66th of 170 countries.
Across the 4 decades both report, Dominican Republic averaged higher in 1 and Panama in 3.
Head to head by decade
| Decade | Dominican Republic | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6,929 constant 2021 international $ | 7,184 constant 2021 international $ | 255.2 constant 2021 international $ | Panama |
| 2000s | 8,291 constant 2021 international $ | 9,414 constant 2021 international $ | 1,123 constant 2021 international $ | Panama |
| 2010s | 12,087 constant 2021 international $ | 13,046 constant 2021 international $ | 958.93 constant 2021 international $ | Panama |
| 2020s | 14,780 constant 2021 international $ | 14,726 constant 2021 international $ | 53.76 constant 2021 international $ | Dominican Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Dominican Republic or Panama?
- Dominican Republic, at 16,095 constant 2021 international $ against 15,977 constant 2021 international $ in Panama as of 2025.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Dominican Republic and Panama?
- 118 constant 2021 international $, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Panama?
- 29 years are reported by both, from 1996 to 2024.
- How do Dominican Republic and Panama rank globally for households and npishs final consumption expenditure per capita, ppp?
- Dominican Republic ranks 64th and Panama ranks 66th of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.