Domestic material consumption per unit of GDP, by type of raw in Panama
Panama: Domestic material consumption per unit of GDP, by type of raw was 1.22 kg per constant US$ in 2024. ▼ Falling
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$, in 2018.
That places Panama 125th out of 226 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Domestic material consumption per unit of GDP, by type of raw in Panama, year by year
| Year | kg per constant US$ | 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% |
Panama compared with similar countries
- Panama's 1.22 kg per constant US$ is above the median for high income countries, which is 0.4679 kg per constant US$, 2.8× the median. (74 countries reporting)
- Panama's 1.22 kg per constant US$ is above the median for Latin America & Caribbean, which is 1.08 kg per constant US$, 1.2× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Domestic material consumption per unit of GDP, by type of raw in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +90.8% | 0.6009 kg per constant US$ | 1.15 kg per constant US$ |
| 2020 | +40.6% | 1.15 kg per constant US$ | 1.61 kg per constant US$ |
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
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
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 125th out of 226 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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