Final consumption expenditure (constant 2015 US$), per capita (capita) in Panama
Panama: Final consumption expenditure (constant 2015 US$), per capita (capita) was 10,575 constant 2015 US$ per person in 2024. ▲ Rising
Final consumption expenditure (constant 2015 US$), per capita in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Panama recorded 10,575 constant 2015 US$ per person for final consumption expenditure (constant 2015 us$), per capita in 2024. That is the highest value across all 29 years on record.
The figure is up 4.6% on the previous year and up 27.5% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per capita in Panama peaked at 10,575 constant 2015 US$ per person in 2024 and was at its lowest, 4,155 constant 2015 US$ per person, in 1996.
That places Panama 60th out of 172 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Final consumption expenditure (constant 2015 US$), per capita (capita) in Panama, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1996 | 4,155 constant 2015 US$ per person | — |
| 1997 | 4,389 constant 2015 US$ per person | +5.6% |
| 1998 | 5,059 constant 2015 US$ per person | +15.3% |
| 1999 | 5,057 constant 2015 US$ per person | -0.0% |
| 2000 | 5,068 constant 2015 US$ per person | +0.2% |
| 2001 | 5,222 constant 2015 US$ per person | +3.0% |
| 2002 | 5,493 constant 2015 US$ per person | +5.2% |
| 2003 | 5,769 constant 2015 US$ per person | +5.0% |
| 2004 | 5,850 constant 2015 US$ per person | +1.4% |
| 2005 | 6,369 constant 2015 US$ per person | +8.9% |
| 2006 | 6,655 constant 2015 US$ per person | +4.5% |
| 2007 | 6,630 constant 2015 US$ per person | -0.4% |
| 2008 | 6,864 constant 2015 US$ per person | +3.5% |
| 2009 | 6,962 constant 2015 US$ per person | +1.4% |
| 2010 | 7,302 constant 2015 US$ per person | +4.9% |
| 2011 | 7,571 constant 2015 US$ per person | +3.7% |
| 2012 | 7,642 constant 2015 US$ per person | +0.9% |
| 2013 | 7,964 constant 2015 US$ per person | +4.2% |
| 2014 | 8,292 constant 2015 US$ per person | +4.1% |
| 2015 | 8,385 constant 2015 US$ per person | +1.1% |
| 2016 | 8,827 constant 2015 US$ per person | +5.3% |
| 2017 | 8,953 constant 2015 US$ per person | +1.4% |
| 2018 | 9,182 constant 2015 US$ per person | +2.6% |
| 2019 | 9,608 constant 2015 US$ per person | +4.6% |
| 2020 | 9,058 constant 2015 US$ per person | -5.7% |
| 2021 | 9,557 constant 2015 US$ per person | +5.5% |
| 2022 | 9,750 constant 2015 US$ per person | +2.0% |
| 2023 | 10,107 constant 2015 US$ per person | +3.7% |
| 2024 | 10,575 constant 2015 US$ per person | +4.6% |
Panama compared with similar countries
- Panama's 10,575 constant 2015 US$ per person is below the median for high income countries, which is 26,321 constant 2015 US$ per person, 40% of the median. (61 countries reporting)
- Panama's 10,575 constant 2015 US$ per person is above the median for Latin America & Caribbean, which is 6,676 constant 2015 US$ per person, 1.6× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,665 constant 2015 US$ per person | 4,155 constant 2015 US$ per person | 5,059 constant 2015 US$ per person | 4 |
| 2000s | 6,088 constant 2015 US$ per person | 5,068 constant 2015 US$ per person | 6,962 constant 2015 US$ per person | 10 |
| 2010s | 8,373 constant 2015 US$ per person | 7,302 constant 2015 US$ per person | 9,608 constant 2015 US$ per person | 10 |
| 2020s | 9,809 constant 2015 US$ per person | 9,058 constant 2015 US$ per person | 10,575 constant 2015 US$ per person | 5 |
Countries ranked near Panama
- 57 Chile 11,933 constant 2015 US$ per person compare
- 58 Argentina 11,396 constant 2015 US$ per person compare
- 59 Oman 11,104 constant 2015 US$ per person compare
- 61 Romania 10,530 constant 2015 US$ per person compare
- 62 Montenegro 9,954 constant 2015 US$ per person compare
- 63 Mauritius 9,534 constant 2015 US$ per person compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), per capita in Panama?
- Final consumption expenditure (constant 2015 us$), per capita in Panama was 10,575 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per capita recorded in Panama?
- The highest recorded value was 10,575 constant 2015 US$ per person in 2024.
- What is the lowest final consumption expenditure (constant 2015 us$), per capita recorded in Panama?
- The lowest recorded value was 4,155 constant 2015 US$ per person in 1996.
- How does Panama rank for final consumption expenditure (constant 2015 us$), per capita?
- Panama ranks 60th out of 172 countries with data for 2024.
- Is final consumption expenditure (constant 2015 us$), per capita rising or falling in Panama?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.