Final consumption expenditure (constant LCU), per square kilometre in Panama

Panama: Final consumption expenditure (constant LCU), per square kilometre was 643,687 constant LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
643,687 constant LCU per square kilometre
Change on year
up 5.0%
World rank
141st
of 173 countries
All-time high
643,687 constant LCU per square kilometre
in 2023
All-time low
164,666 constant LCU per square kilometre
in 1996
Years of data
28
1996–2023

Final consumption expenditure (constant LCU), per square kilometre in Panama, 1996–2023

200.0k300.0k400.0k500.0k600.0k1996200920231996: 164.7k constant LCU per square kilometre1997: 177.5k constant LCU per square kilometre1998: 208.7k constant LCU per square kilometre1999: 212.8k constant LCU per square kilometre2000: 217.5k constant LCU per square kilometre2001: 228.5k constant LCU per square kilometre2002: 245.0k constant LCU per square kilometre2003: 262.3k constant LCU per square kilometre2004: 271.1k constant LCU per square kilometre2005: 300.7k constant LCU per square kilometre2006: 320.1k constant LCU per square kilometre2007: 324.8k constant LCU per square kilometre2008: 342.5k constant LCU per square kilometre2009: 353.7k constant LCU per square kilometre2010: 377.7k constant LCU per square kilometre2011: 398.6k constant LCU per square kilometre2012: 409.4k constant LCU per square kilometre2013: 434.2k constant LCU per square kilometre2014: 461.3k constant LCU per square kilometre2015: 474.7k constant LCU per square kilometre2016: 508.4k constant LCU per square kilometre2017: 524.6k constant LCU per square kilometre2018: 546.6k constant LCU per square kilometre2019: 581.2k constant LCU per square kilometre2020: 555.5k constant LCU per square kilometre2021: 593.2k constant LCU per square kilometre2022: 612.9k constant LCU per square kilometre2023: 643.7k constant LCU per square kilometre

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

Panama recorded 643,687 constant LCU per square kilometre for final consumption expenditure (constant lcu), per square kilometre in 2023. That is the highest value across all 28 years on record.

Compared with earlier readings it is up 5.0% on the previous year and up 48.2% over ten years.

Over the whole period, final consumption expenditure (constant lcu), per square kilometre in Panama peaked at 643,687 constant LCU per square kilometre in 2023 and was at its lowest, 164,666 constant LCU per square kilometre, in 1996.

That places Panama 141st out of 173 countries with data for 2023, putting it in the bottom quarter.

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

Final consumption expenditure (constant LCU), per square kilometre in Panama, year by year

Annual values for Final consumption expenditure (constant LCU), per square kilometre in Panama, 1996 to 2023.
Year constant LCU per square kilometre Change
1996 164,666 constant LCU per square kilometre
1997 177,462 constant LCU per square kilometre +7.8%
1998 208,676 constant LCU per square kilometre +17.6%
1999 212,776 constant LCU per square kilometre +2.0%
2000 217,471 constant LCU per square kilometre +2.2%
2001 228,483 constant LCU per square kilometre +5.1%
2002 245,012 constant LCU per square kilometre +7.2%
2003 262,285 constant LCU per square kilometre +7.0%
2004 271,088 constant LCU per square kilometre +3.4%
2005 300,737 constant LCU per square kilometre +10.9%
2006 320,124 constant LCU per square kilometre +6.4%
2007 324,829 constant LCU per square kilometre +1.5%
2008 342,499 constant LCU per square kilometre +5.4%
2009 353,675 constant LCU per square kilometre +3.3%
2010 377,657 constant LCU per square kilometre +6.8%
2011 398,557 constant LCU per square kilometre +5.5%
2012 409,448 constant LCU per square kilometre +2.7%
2013 434,244 constant LCU per square kilometre +6.1%
2014 461,348 constant LCU per square kilometre +6.2%
2015 474,664 constant LCU per square kilometre +2.9%
2016 508,396 constant LCU per square kilometre +7.1%
2017 524,605 constant LCU per square kilometre +3.2%
2018 546,642 constant LCU per square kilometre +4.2%
2019 581,189 constant LCU per square kilometre +6.3%
2020 555,496 constant LCU per square kilometre -4.4%
2021 593,176 constant LCU per square kilometre +6.8%
2022 612,902 constant LCU per square kilometre +3.3%
2023 643,687 constant LCU per square kilometre +5.0%

Panama compared with similar countries

  • Panama's 643,687 constant LCU per square kilometre is below the median for high income countries, which is 5.91 million constant LCU per square kilometre, 11% of the median. (61 countries reporting)
  • Panama's 643,687 constant LCU per square kilometre is below the median for Latin America & Caribbean, which is 1.89 million constant LCU per square kilometre, 34% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 190,895 constant LCU per square kilometre 164,666 constant LCU per square kilometre 212,776 constant LCU per square kilometre 4
2000s 286,620 constant LCU per square kilometre 217,471 constant LCU per square kilometre 353,675 constant LCU per square kilometre 10
2010s 471,675 constant LCU per square kilometre 377,657 constant LCU per square kilometre 581,189 constant LCU per square kilometre 10
2020s 601,315 constant LCU per square kilometre 555,496 constant LCU per square kilometre 643,687 constant LCU per square kilometre 4

Countries ranked near Panama

  1. 138 Belarus 715,833 constant LCU per square kilometre compare
  2. 139 Ghana 695,925 constant LCU per square kilometre compare
  3. 140 Lithuania 646,588 constant LCU per square kilometre compare
  4. 142 Finland 610,587 constant LCU per square kilometre compare
  5. 143 Palau 606,163 constant LCU per square kilometre compare
  6. 144 Tunisia 566,574 constant LCU per square kilometre compare

See the full ranking of 173 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is final consumption expenditure (constant lcu), per square kilometre in Panama?
Final consumption expenditure (constant lcu), per square kilometre in Panama was 643,687 constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest final consumption expenditure (constant lcu), per square kilometre recorded in Panama?
The highest recorded value was 643,687 constant LCU per square kilometre in 2023.
What is the lowest final consumption expenditure (constant lcu), per square kilometre recorded in Panama?
The lowest recorded value was 164,666 constant LCU per square kilometre in 1996.
How does Panama rank for final consumption expenditure (constant lcu), per square kilometre?
Panama ranks 141st out of 173 countries with data for 2023.
Is final consumption expenditure (constant lcu), per square kilometre 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Final consumption expenditure (constant LCU), per square kilometre in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-constant-lcu-per-square-kilometre/panama/

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How this figure is calculated

Final consumption expenditure (constant LCU) 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 LCU) ÷ 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 LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
173 places, 7,020 data points, 1961–2023
Last refreshed

Final consumption expenditure (constant LCU) 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.