Final consumption expenditure (constant 2015 US$), per square in Panama

Panama: Final consumption expenditure (constant 2015 US$), per square was 607,494 constant 2015 US$ per square kilometre in 2023. ▲ Rising

Latest (2023)
607,494 constant 2015 US$ per square kilometre
Change on year
up 5.0%
World rank
68th
of 169 countries
All-time high
607,494 constant 2015 US$ per square kilometre
in 2023
All-time low
155,408 constant 2015 US$ per square kilometre
in 1996
Years of data
28
1996–2023

Final consumption expenditure (constant 2015 US$), per square in Panama, 1996–2023

200.0k300.0k400.0k500.0k600.0k1996200920231996: 155.4k constant 2015 US$ per square kilometre1997: 167.5k constant 2015 US$ per square kilometre1998: 196.9k constant 2015 US$ per square kilometre1999: 200.8k constant 2015 US$ per square kilometre2000: 205.2k constant 2015 US$ per square kilometre2001: 215.6k constant 2015 US$ per square kilometre2002: 231.2k constant 2015 US$ per square kilometre2003: 247.5k constant 2015 US$ per square kilometre2004: 255.8k constant 2015 US$ per square kilometre2005: 283.8k constant 2015 US$ per square kilometre2006: 302.1k constant 2015 US$ per square kilometre2007: 306.6k constant 2015 US$ per square kilometre2008: 323.2k constant 2015 US$ per square kilometre2009: 333.8k constant 2015 US$ per square kilometre2010: 356.4k constant 2015 US$ per square kilometre2011: 376.1k constant 2015 US$ per square kilometre2012: 386.4k constant 2015 US$ per square kilometre2013: 409.8k constant 2015 US$ per square kilometre2014: 435.4k constant 2015 US$ per square kilometre2015: 448.0k constant 2015 US$ per square kilometre2016: 479.8k constant 2015 US$ per square kilometre2017: 495.1k constant 2015 US$ per square kilometre2018: 515.9k constant 2015 US$ per square kilometre2019: 548.5k constant 2015 US$ per square kilometre2020: 524.3k constant 2015 US$ per square kilometre2021: 559.8k constant 2015 US$ per square kilometre2022: 578.4k constant 2015 US$ per square kilometre2023: 607.5k constant 2015 US$ per square kilometre

Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.

Analysis

In 2023, final consumption expenditure (constant 2015 us$), per square in Panama stood at 607,494 constant 2015 US$ per square kilometre. That is the highest value across all 28 years on record.

The figure is up 5.0% on the previous year and up 48.2% over ten years.

Over the whole period, final consumption expenditure (constant 2015 us$), per square in Panama peaked at 607,494 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 155,408 constant 2015 US$ per square kilometre, in 1996.

That places Panama 68th out of 169 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

Final consumption expenditure (constant 2015 US$), per square in Panama, year by year

Annual values for Final consumption expenditure (constant 2015 US$), per square kilometre in Panama, 1996 to 2023.
Year constant 2015 US$ per square kilometre Change
1996 155,408 constant 2015 US$ per square kilometre
1997 167,483 constant 2015 US$ per square kilometre +7.8%
1998 196,942 constant 2015 US$ per square kilometre +17.6%
1999 200,812 constant 2015 US$ per square kilometre +2.0%
2000 205,243 constant 2015 US$ per square kilometre +2.2%
2001 215,636 constant 2015 US$ per square kilometre +5.1%
2002 231,236 constant 2015 US$ per square kilometre +7.2%
2003 247,538 constant 2015 US$ per square kilometre +7.0%
2004 255,846 constant 2015 US$ per square kilometre +3.4%
2005 283,828 constant 2015 US$ per square kilometre +10.9%
2006 302,124 constant 2015 US$ per square kilometre +6.4%
2007 306,566 constant 2015 US$ per square kilometre +1.5%
2008 323,242 constant 2015 US$ per square kilometre +5.4%
2009 333,789 constant 2015 US$ per square kilometre +3.3%
2010 356,422 constant 2015 US$ per square kilometre +6.8%
2011 376,146 constant 2015 US$ per square kilometre +5.5%
2012 386,426 constant 2015 US$ per square kilometre +2.7%
2013 409,828 constant 2015 US$ per square kilometre +6.1%
2014 435,407 constant 2015 US$ per square kilometre +6.2%
2015 447,975 constant 2015 US$ per square kilometre +2.9%
2016 479,810 constant 2015 US$ per square kilometre +7.1%
2017 495,108 constant 2015 US$ per square kilometre +3.2%
2018 515,906 constant 2015 US$ per square kilometre +4.2%
2019 548,510 constant 2015 US$ per square kilometre +6.3%
2020 524,263 constant 2015 US$ per square kilometre -4.4%
2021 559,823 constant 2015 US$ per square kilometre +6.8%
2022 578,440 constant 2015 US$ per square kilometre +3.3%
2023 607,494 constant 2015 US$ per square kilometre +5.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 180,161 constant 2015 US$ per square kilometre 155,408 constant 2015 US$ per square kilometre 200,812 constant 2015 US$ per square kilometre 4
2000s 270,505 constant 2015 US$ per square kilometre 205,243 constant 2015 US$ per square kilometre 333,789 constant 2015 US$ per square kilometre 10
2010s 445,154 constant 2015 US$ per square kilometre 356,422 constant 2015 US$ per square kilometre 548,510 constant 2015 US$ per square kilometre 10
2020s 567,505 constant 2015 US$ per square kilometre 524,263 constant 2015 US$ per square kilometre 607,494 constant 2015 US$ per square kilometre 4

Countries ranked near Panama

  1. 65 Thailand 670,101 constant 2015 US$ per square kilometre compare
  2. 66 Finland 648,888 constant 2015 US$ per square kilometre compare
  3. 67 Haiti 639,978 constant 2015 US$ per square kilometre compare
  4. 69 Lithuania 606,538 constant 2015 US$ per square kilometre compare
  5. 70 Palau 579,146 constant 2015 US$ per square kilometre compare
  6. 71 Mexico 568,579 constant 2015 US$ per square kilometre compare

See the full ranking of 211 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is final consumption expenditure (constant 2015 us$), per square in Panama?
Final consumption expenditure (constant 2015 us$), per square in Panama was 607,494 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest final consumption expenditure (constant 2015 us$), per square recorded in Panama?
The highest recorded value was 607,494 constant 2015 US$ per square kilometre in 2023.
What is the lowest final consumption expenditure (constant 2015 us$), per square recorded in Panama?
The lowest recorded value was 155,408 constant 2015 US$ per square kilometre in 1996.
How does Panama rank for final consumption expenditure (constant 2015 us$), per square?
Panama ranks 68th out of 169 countries with data for 2023.
Is final consumption expenditure (constant 2015 us$), per square rising or falling in Panama?
Over the last ten years it is up 48.2%. 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 square kilometre. Statizoid updates them automatically from the source API.

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Final consumption expenditure (constant 2015 US$), per square in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-constant-2015-us-per-square-kilometre/panama/

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How this figure is calculated

Final consumption expenditure (constant 2015 US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)

Computed from

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

Indicator
Final consumption expenditure (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 8,516 data points, 1961–2023
Last refreshed

Final consumption expenditure (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.