Luxembourg vs Panama: Share of household consumption in GDP vs. GDP per capita
Luxembourg
38.5%
in 2023
Panama
39.0%
in 2023
Luxembourg rank
173rd
Panama rank
171st
Share of household consumption in GDP vs. GDP per capita over time
- Luxembourg
- Panama
How they compare
Panama currently reports 39.0% against 38.5% in Luxembourg, a difference of 0.5%.
The two have swapped places 8 times across 74 shared years of data; in 1950 it was Panama ahead.
Luxembourg ranks 173rd and Panama ranks 171st of 184 countries.
Across the 8 decades both report, Luxembourg averaged higher in 2 and Panama in 6.
Head to head by decade
| Decade | Luxembourg | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 55.6% | 91.9% | 36.2% | Panama |
| 1960s | 62.5% | 84.3% | 21.7% | Panama |
| 1970s | 65.6% | 61.6% | 4.0% | Luxembourg |
| 1980s | 70.7% | 60.0% | 10.8% | Luxembourg |
| 1990s | 53.2% | 53.6% | 0.3% | Panama |
| 2000s | 51.5% | 56.7% | 5.1% | Panama |
| 2010s | 43.6% | 53.6% | 10.1% | Panama |
| 2020s | 36.3% | 44.4% | 8.1% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of household consumption in gdp vs. gdp per capita, Luxembourg or Panama?
- Panama, at 39.0% against 38.5% in Luxembourg as of 2023.
- What is the difference in share of household consumption in gdp vs. gdp per capita between Luxembourg and Panama?
- 0.5%, with Panama ahead.
- How many years of comparable data are there for Luxembourg and Panama?
- 74 years are reported by both, from 1950 to 2023.
- How do Luxembourg and Panama rank globally for share of household consumption in gdp vs. gdp per capita?
- Luxembourg ranks 173rd and Panama ranks 171st of 184 countries.
- Where does this data come from?
- Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Share of household consumption in GDP vs. GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Household consumption divided by gross domestic product, expressed as a percentage.