North Macedonia vs Panama: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- North Macedonia
- Panama
How they compare
Panama currently reports 18,379 current international $ against 16,803 current international $ in North Macedonia, a difference of 1,576 current international $.
That makes Panama's figure about 1.1 times North Macedonia's.
Across all 32 years both countries report, Panama has been ahead every year.
North Macedonia ranks 70th and Panama ranks 68th of 182 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | North Macedonia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3,087 current international $ | 3,755 current international $ | 668.03 current international $ | Panama |
| 2000s | 5,027 current international $ | 6,188 current international $ | 1,161 current international $ | Panama |
| 2010s | 8,739 current international $ | 12,810 current international $ | 4,072 current international $ | Panama |
| 2020s | 14,057 current international $ | 15,879 current international $ | 1,823 current 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, North Macedonia or Panama?
- Panama, at 18,379 current international $ against 16,803 current international $ in North Macedonia as of 2024.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between North Macedonia and Panama?
- 1,576 current international $, with Panama ahead.
- How many years of comparable data are there for North Macedonia and Panama?
- 32 years are reported by both, from 1993 to 2024.
- How do North Macedonia and Panama rank globally for households and npishs final consumption expenditure per capita, ppp?
- North Macedonia ranks 70th and Panama ranks 68th of 182 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 (current 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 current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.