Panama vs Serbia: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Panama
- Serbia
How they compare
Panama currently reports 15,977 constant 2021 international $ against 14,921 constant 2021 international $ in Serbia, a difference of 1,056 constant 2021 international $.
That makes Panama's figure about 1.1 times Serbia's.
The two have swapped places 2 times across 29 shared years of data; in 1996 it was Panama ahead.
Panama ranks 66th and Serbia ranks 68th of 170 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Panama | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7,184 constant 2021 international $ | 6,296 constant 2021 international $ | 887.5 constant 2021 international $ | Panama |
| 2000s | 9,414 constant 2021 international $ | 8,731 constant 2021 international $ | 683.14 constant 2021 international $ | Panama |
| 2010s | 13,046 constant 2021 international $ | 10,791 constant 2021 international $ | 2,255 constant 2021 international $ | Panama |
| 2020s | 14,726 constant 2021 international $ | 13,155 constant 2021 international $ | 1,571 constant 2021 international $ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Panama or Serbia?
- Panama, at 15,977 constant 2021 international $ against 14,921 constant 2021 international $ in Serbia as of 2024.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Panama and Serbia?
- 1,056 constant 2021 international $, with Panama ahead.
- How many years of comparable data are there for Panama and Serbia?
- 29 years are reported by both, from 1996 to 2024.
- How do Panama and Serbia rank globally for households and npishs final consumption expenditure per capita, ppp?
- Panama ranks 66th and Serbia ranks 68th 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.
Individual pages
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.