Final consumption expenditure (constant LCU), per unit of GDP in Panama
Panama: Final consumption expenditure (constant LCU), per unit of GDP was 0.5848 constant LCU per US$ of GDP in 2024. ▼ Falling
Final consumption expenditure (constant LCU), per unit of GDP in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, final consumption expenditure (constant lcu), per unit of gdp in Panama stood at 0.5848 constant LCU per US$ of GDP.
That represents a change of up 2.6% on the previous year and down 12.1% over ten years.
Over the whole period, final consumption expenditure (constant lcu), per unit of gdp in Panama peaked at 1.43 constant LCU per US$ of GDP in 2003 and was at its lowest, 0.5697 constant LCU per US$ of GDP, in 2023.
Panama ranks 143rd of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Final consumption expenditure (constant LCU), per unit of GDP in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1996 | 1.33 constant LCU per US$ of GDP | — |
| 1997 | 1.31 constant LCU per US$ of GDP | -1.5% |
| 1998 | 1.41 constant LCU per US$ of GDP | +7.3% |
| 1999 | 1.36 constant LCU per US$ of GDP | -3.6% |
| 2000 | 1.35 constant LCU per US$ of GDP | -0.4% |
| 2001 | 1.39 constant LCU per US$ of GDP | +2.6% |
| 2002 | 1.42 constant LCU per US$ of GDP | +2.6% |
| 2003 | 1.43 constant LCU per US$ of GDP | +0.7% |
| 2004 | 1.33 constant LCU per US$ of GDP | -6.9% |
| 2005 | 1.34 constant LCU per US$ of GDP | +0.8% |
| 2006 | 1.28 constant LCU per US$ of GDP | -5.2% |
| 2007 | 1.11 constant LCU per US$ of GDP | -12.8% |
| 2008 | 0.9899 constant LCU per US$ of GDP | -11.0% |
| 2009 | 0.9461 constant LCU per US$ of GDP | -4.4% |
| 2010 | 0.9287 constant LCU per US$ of GDP | -1.8% |
| 2011 | 0.8302 constant LCU per US$ of GDP | -10.6% |
| 2012 | 0.7318 constant LCU per US$ of GDP | -11.9% |
| 2013 | 0.6876 constant LCU per US$ of GDP | -6.0% |
| 2014 | 0.6649 constant LCU per US$ of GDP | -3.3% |
| 2015 | 0.6309 constant LCU per US$ of GDP | -5.1% |
| 2016 | 0.6306 constant LCU per US$ of GDP | -0.1% |
| 2017 | 0.6045 constant LCU per US$ of GDP | -4.1% |
| 2018 | 0.6024 constant LCU per US$ of GDP | -0.3% |
| 2019 | 0.6178 constant LCU per US$ of GDP | +2.6% |
| 2020 | 0.7222 constant LCU per US$ of GDP | +16.9% |
| 2021 | 0.6529 constant LCU per US$ of GDP | -9.6% |
| 2022 | 0.5945 constant LCU per US$ of GDP | -8.9% |
| 2023 | 0.5697 constant LCU per US$ of GDP | -4.2% |
| 2024 | 0.5848 constant LCU per US$ of GDP | +2.6% |
Panama compared with similar countries
- Panama's 0.5848 constant LCU per US$ of GDP is below the median for high income countries, which is 0.6821 constant LCU per US$ of GDP, 86% of the median. (61 countries reporting)
- Panama's 0.5848 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 3.5 constant LCU per US$ of GDP, 17% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.35 constant LCU per US$ of GDP | 1.31 constant LCU per US$ of GDP | 1.41 constant LCU per US$ of GDP | 4 |
| 2000s | 1.26 constant LCU per US$ of GDP | 0.9461 constant LCU per US$ of GDP | 1.43 constant LCU per US$ of GDP | 10 |
| 2010s | 0.6929 constant LCU per US$ of GDP | 0.6024 constant LCU per US$ of GDP | 0.9287 constant LCU per US$ of GDP | 10 |
| 2020s | 0.6248 constant LCU per US$ of GDP | 0.5697 constant LCU per US$ of GDP | 0.7222 constant LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 140 Greece 0.6595 constant LCU per US$ of GDP compare
- 141 France 0.6093 constant LCU per US$ of GDP compare
- 142 Finland 0.5871 constant LCU per US$ of GDP compare
- 144 Kosovo 0.5801 constant LCU per US$ of GDP compare
- 144 Kosovo (UNSCR 1244) 0.5801 constant LCU per US$ of GDP compare
- 146 Italy 0.5782 constant LCU per US$ of GDP 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure (constant lcu), per unit of gdp in Panama?
- Final consumption expenditure (constant lcu), per unit of gdp in Panama was 0.5848 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 1.43 constant LCU per US$ of GDP in 2003.
- What is the lowest final consumption expenditure (constant lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.5697 constant LCU per US$ of GDP in 2023.
- How does Panama rank for final consumption expenditure (constant lcu), per unit of gdp?
- Panama ranks 143rd out of 177 countries with data for 2024.
- Is final consumption expenditure (constant lcu), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 12.1%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.