Final consumption expenditure (constant LCU), per capita in Panama
Panama: Final consumption expenditure (constant LCU), per capita was 11,205 constant LCU per person in 2024. ▲ Rising
Final consumption expenditure (constant LCU), per capita in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Panama recorded 11,205 constant LCU per person for final consumption expenditure (constant lcu), 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 lcu), per capita in Panama peaked at 11,205 constant LCU per person in 2024 and was at its lowest, 4,403 constant LCU per person, in 1996.
That places Panama 149th out of 177 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Final consumption expenditure (constant LCU), per capita in Panama, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1996 | 4,403 constant LCU per person | — |
| 1997 | 4,651 constant LCU per person | +5.6% |
| 1998 | 5,361 constant LCU per person | +15.3% |
| 1999 | 5,359 constant LCU per person | -0.0% |
| 2000 | 5,370 constant LCU per person | +0.2% |
| 2001 | 5,534 constant LCU per person | +3.0% |
| 2002 | 5,820 constant LCU per person | +5.2% |
| 2003 | 6,113 constant LCU per person | +5.0% |
| 2004 | 6,199 constant LCU per person | +1.4% |
| 2005 | 6,748 constant LCU per person | +8.9% |
| 2006 | 7,051 constant LCU per person | +4.5% |
| 2007 | 7,025 constant LCU per person | -0.4% |
| 2008 | 7,273 constant LCU per person | +3.5% |
| 2009 | 7,376 constant LCU per person | +1.4% |
| 2010 | 7,737 constant LCU per person | +4.9% |
| 2011 | 8,022 constant LCU per person | +3.7% |
| 2012 | 8,097 constant LCU per person | +0.9% |
| 2013 | 8,439 constant LCU per person | +4.2% |
| 2014 | 8,786 constant LCU per person | +4.1% |
| 2015 | 8,884 constant LCU per person | +1.1% |
| 2016 | 9,353 constant LCU per person | +5.3% |
| 2017 | 9,487 constant LCU per person | +1.4% |
| 2018 | 9,729 constant LCU per person | +2.6% |
| 2019 | 10,181 constant LCU per person | +4.6% |
| 2020 | 9,598 constant LCU per person | -5.7% |
| 2021 | 10,126 constant LCU per person | +5.5% |
| 2022 | 10,331 constant LCU per person | +2.0% |
| 2023 | 10,709 constant LCU per person | +3.7% |
| 2024 | 11,205 constant LCU per person | +4.6% |
Panama compared with similar countries
- Panama's 11,205 constant LCU per person is below the median for high income countries, which is 34,320 constant LCU per person, 33% of the median. (61 countries reporting)
- Panama's 11,205 constant LCU per person is below the median for Latin America & Caribbean, which is 28,979 constant LCU per person, 39% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,943 constant LCU per person | 4,403 constant LCU per person | 5,361 constant LCU per person | 4 |
| 2000s | 6,451 constant LCU per person | 5,370 constant LCU per person | 7,376 constant LCU per person | 10 |
| 2010s | 8,871 constant LCU per person | 7,737 constant LCU per person | 10,181 constant LCU per person | 10 |
| 2020s | 10,394 constant LCU per person | 9,598 constant LCU per person | 11,205 constant LCU per person | 5 |
Countries ranked near Panama
- 146 Bosnia and Herzegovina 12,674 constant LCU per person compare
- 147 Lesotho 12,394 constant LCU per person compare
- 148 Syria 11,307 constant LCU per person compare
- 150 Belize 10,450 constant LCU per person compare
- 151 Samoa 10,441 constant LCU per person compare
- 152 Bulgaria 9,469 constant LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure (constant lcu), per capita in Panama?
- Final consumption expenditure (constant lcu), per capita in Panama was 11,205 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per capita recorded in Panama?
- The highest recorded value was 11,205 constant LCU per person in 2024.
- What is the lowest final consumption expenditure (constant lcu), per capita recorded in Panama?
- The lowest recorded value was 4,403 constant LCU per person in 1996.
- How does Panama rank for final consumption expenditure (constant lcu), per capita?
- Panama ranks 149th out of 177 countries with data for 2024.
- Is final consumption expenditure (constant lcu), 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 LCU), 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 LCU) 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 LCU) ÷ 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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.