Discrepancy in expenditure estimate of GDP in Panama
Panama: Discrepancy in expenditure estimate of GDP was 67.98 million constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Panama, 2018–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, discrepancy in expenditure estimate of gdp in Panama stood at 67.98 million constant LCU.
That represents a change of down 70.5% on the previous year and up 236,760.0% over ten years.
That places Panama 44th out of 153 countries with data for 2024, putting it in the middle of the range.
Discrepancy in expenditure estimate of GDP in Panama, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2018 | 28,700 constant LCU | — |
| 2019 | -47,100 constant LCU | -264.1% |
| 2020 | -108.84 million constant LCU | +230993.4% |
| 2021 | -19.16 million constant LCU | -82.4% |
| 2022 | 128.05 million constant LCU | -768.4% |
| 2023 | 230.59 million constant LCU | +80.1% |
| 2024 | 67.98 million constant LCU | -70.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -9,200 constant LCU | -47,100 constant LCU | 28,700 constant LCU | 2 |
| 2020s | 59.72 million constant LCU | -108.84 million constant LCU | 230.59 million constant LCU | 5 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 2.48 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2057 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,071 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.48 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2264 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 4,480 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.57 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7002 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Panama?
- Discrepancy in expenditure estimate of gdp in Panama was 67.98 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Panama?
- The highest recorded value was 230.59 million constant LCU in 2023.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Panama?
- The lowest recorded value was -108.84 million constant LCU in 2020.
- How does Panama rank for discrepancy in expenditure estimate of gdp?
- Panama ranks 44th out of 153 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Panama?
- Over the last ten years it is up 236,760.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.