Domestic material consumption per unit of GDP, by type of raw material in Panama
Panama: Domestic material consumption per unit of GDP, by type of raw material was 1.22 kg per constant US$ in 2024. ▼ Falling
Latest (2024)
1.22 kg per constant US$
Change on year
down 7.6%
World rank
123rd
of 224 countries
All-time high
1.61 kg per constant US$
in 2020
All-time low
0.6009 kg per constant US$
in 2018
Years of data
25
2000–2024
Domestic material consumption per unit of GDP, by type of raw material in Panama, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in kg per constant US$.
Analysis
The most recent figure for domestic material consumption per unit of gdp, by type of raw material in Panama is 1.22 kg per constant US$, measured in 2024.
Compared with earlier readings it is down 7.6% on the previous year and up 63.9% over ten years.
Over the whole period, domestic material consumption per unit of gdp, by type of raw material in Panama peaked at 1.61 kg per constant US$ in 2020 and was at its lowest, 0.6009 kg per constant US$, in 2018.
That places Panama 123rd out of 224 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Domestic material consumption per unit of GDP, by type of raw material in Panama, year by year
| Year | kg per constant US$ | Change |
|---|---|---|
| 2000 | 1.09 kg per constant US$ | — |
| 2001 | 1.09 kg per constant US$ | +0.2% |
| 2002 | 1.09 kg per constant US$ | -0.3% |
| 2003 | 1.27 kg per constant US$ | +16.6% |
| 2004 | 1.21 kg per constant US$ | -4.7% |
| 2005 | 1.16 kg per constant US$ | -4.5% |
| 2006 | 1.08 kg per constant US$ | -6.3% |
| 2007 | 0.9894 kg per constant US$ | -8.6% |
| 2008 | 1.11 kg per constant US$ | +12.4% |
| 2009 | 1.06 kg per constant US$ | -4.4% |
| 2010 | 0.9118 kg per constant US$ | -14.2% |
| 2011 | 0.7229 kg per constant US$ | -20.7% |
| 2012 | 0.8008 kg per constant US$ | +10.8% |
| 2013 | 0.7487 kg per constant US$ | -6.5% |
| 2014 | 0.6535 kg per constant US$ | -12.7% |
| 2015 | 0.6145 kg per constant US$ | -6.0% |
| 2016 | 0.606 kg per constant US$ | -1.4% |
| 2017 | 0.6598 kg per constant US$ | +8.9% |
| 2018 | 0.6009 kg per constant US$ | -8.9% |
| 2019 | 1.15 kg per constant US$ | +90.8% |
| 2020 | 1.61 kg per constant US$ | +40.6% |
| 2021 | 1.42 kg per constant US$ | -11.9% |
| 2022 | 1.31 kg per constant US$ | -7.6% |
| 2023 | 1.25 kg per constant US$ | -5.0% |
| 2024 | 1.22 kg per constant US$ | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.12 kg per constant US$ | 0.9894 kg per constant US$ | 1.27 kg per constant US$ | 10 |
| 2010s | 0.7465 kg per constant US$ | 0.6009 kg per constant US$ | 1.15 kg per constant US$ | 10 |
| 2020s | 1.36 kg per constant US$ | 1.22 kg per constant US$ | 1.61 kg per constant US$ | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 6.92 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.4902 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 9,393 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.48 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4433 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 8,494 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 6.4 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6142 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is domestic material consumption per unit of gdp, by type of raw material in Panama?
- Domestic material consumption per unit of gdp, by type of raw material in Panama was 1.22 kg per constant US$ in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest domestic material consumption per unit of gdp, by type of raw material recorded in Panama?
- The highest recorded value was 1.61 kg per constant US$ in 2020.
- What is the lowest domestic material consumption per unit of gdp, by type of raw material recorded in Panama?
- The lowest recorded value was 0.6009 kg per constant US$ in 2018.
- How does Panama rank for domestic material consumption per unit of gdp, by type of raw material?
- Panama ranks 123rd out of 224 countries with data for 2024.
- Is domestic material consumption per unit of gdp, by type of raw material rising or falling in Panama?
- Over the last ten years it is up 63.9%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Domestic material consumption per unit of GDP, by type of raw material (kilograms per constant 2020 United States dollars). Statizoid updates them automatically from the source API.
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