Final consumption expenditure (current LCU), per unit of GDP in Panama
Panama: Final consumption expenditure (current LCU), per unit of GDP was 0.6142 current LCU per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.6142 current LCU per US$ of GDP
Change on year
up 3.1%
World rank
176th
of 188 countries
All-time high
0.9478 current LCU per US$ of GDP
in 1989
All-time low
0.5954 current LCU per US$ of GDP
in 2015
Years of data
65
1960–2024
Final consumption expenditure (current LCU), per unit of GDP in Panama, 1960–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, final consumption expenditure (current lcu), per unit of gdp in Panama stood at 0.6142 current LCU per US$ of GDP.
Compared with earlier readings it is up 3.1% on the previous year and down 0.3% over ten years.
Over the whole period, final consumption expenditure (current lcu), per unit of gdp in Panama peaked at 0.9478 current LCU per US$ of GDP in 1989 and was at its lowest, 0.5954 current LCU per US$ of GDP, in 2015.
Panama ranks 176th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Final consumption expenditure (current LCU), per unit of GDP in Panama, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.8004 current LCU per US$ of GDP | — |
| 1961 | 0.763 current LCU per US$ of GDP | -4.7% |
| 1962 | 0.7429 current LCU per US$ of GDP | -2.6% |
| 1963 | 0.7631 current LCU per US$ of GDP | +2.7% |
| 1964 | 0.7691 current LCU per US$ of GDP | +0.8% |
| 1965 | 0.7601 current LCU per US$ of GDP | -1.2% |
| 1966 | 0.7255 current LCU per US$ of GDP | -4.5% |
| 1967 | 0.718 current LCU per US$ of GDP | -1.0% |
| 1968 | 0.6911 current LCU per US$ of GDP | -3.7% |
| 1969 | 0.6979 current LCU per US$ of GDP | +1.0% |
| 1970 | 0.6923 current LCU per US$ of GDP | -0.8% |
| 1971 | 0.6729 current LCU per US$ of GDP | -2.8% |
| 1972 | 0.6704 current LCU per US$ of GDP | -0.4% |
| 1973 | 0.645 current LCU per US$ of GDP | -3.8% |
| 1974 | 0.6947 current LCU per US$ of GDP | +7.7% |
| 1975 | 0.701 current LCU per US$ of GDP | +0.9% |
| 1976 | 0.6913 current LCU per US$ of GDP | -1.4% |
| 1977 | 0.733 current LCU per US$ of GDP | +6.0% |
| 1978 | 0.7158 current LCU per US$ of GDP | -2.3% |
| 1979 | 0.7403 current LCU per US$ of GDP | +3.4% |
| 1980 | 0.6951 current LCU per US$ of GDP | -6.1% |
| 1981 | 0.7242 current LCU per US$ of GDP | +4.2% |
| 1982 | 0.6762 current LCU per US$ of GDP | -6.6% |
| 1983 | 0.7487 current LCU per US$ of GDP | +10.7% |
| 1984 | 0.8457 current LCU per US$ of GDP | +12.9% |
| 1985 | 0.8426 current LCU per US$ of GDP | -0.4% |
| 1986 | 0.814 current LCU per US$ of GDP | -3.4% |
| 1987 | 0.8107 current LCU per US$ of GDP | -0.4% |
| 1988 | 0.8446 current LCU per US$ of GDP | +4.2% |
| 1989 | 0.9478 current LCU per US$ of GDP | +12.2% |
| 1990 | 0.8359 current LCU per US$ of GDP | -11.8% |
| 1991 | 0.8524 current LCU per US$ of GDP | +2.0% |
| 1992 | 0.8045 current LCU per US$ of GDP | -5.6% |
| 1993 | 0.792 current LCU per US$ of GDP | -1.6% |
| 1994 | 0.762 current LCU per US$ of GDP | -3.8% |
| 1995 | 0.7438 current LCU per US$ of GDP | -2.4% |
| 1996 | 0.7201 current LCU per US$ of GDP | -3.2% |
| 1997 | 0.6983 current LCU per US$ of GDP | -3.0% |
| 1998 | 0.7433 current LCU per US$ of GDP | +6.4% |
| 1999 | 0.7491 current LCU per US$ of GDP | +0.8% |
| 2000 | 0.7287 current LCU per US$ of GDP | -2.7% |
| 2001 | 0.7581 current LCU per US$ of GDP | +4.0% |
| 2002 | 0.7916 current LCU per US$ of GDP | +4.4% |
| 2003 | 0.7552 current LCU per US$ of GDP | -4.6% |
| 2004 | 0.765 current LCU per US$ of GDP | +1.3% |
| 2005 | 0.7571 current LCU per US$ of GDP | -1.0% |
| 2006 | 0.7448 current LCU per US$ of GDP | -1.6% |
| 2007 | 0.6932 current LCU per US$ of GDP | -6.9% |
| 2008 | 0.666 current LCU per US$ of GDP | -3.9% |
| 2009 | 0.6626 current LCU per US$ of GDP | -0.5% |
| 2010 | 0.6806 current LCU per US$ of GDP | +2.7% |
| 2011 | 0.651 current LCU per US$ of GDP | -4.3% |
| 2012 | 0.6162 current LCU per US$ of GDP | -5.3% |
| 2013 | 0.6088 current LCU per US$ of GDP | -1.2% |
| 2014 | 0.6162 current LCU per US$ of GDP | +1.2% |
| 2015 | 0.5954 current LCU per US$ of GDP | -3.4% |
| 2016 | 0.6065 current LCU per US$ of GDP | +1.9% |
| 2017 | 0.5962 current LCU per US$ of GDP | -1.7% |
| 2018 | 0.6024 current LCU per US$ of GDP | +1.0% |
| 2019 | 0.6193 current LCU per US$ of GDP | +2.8% |
| 2020 | 0.7221 current LCU per US$ of GDP | +16.6% |
| 2021 | 0.6562 current LCU per US$ of GDP | -9.1% |
| 2022 | 0.6157 current LCU per US$ of GDP | -6.2% |
| 2023 | 0.596 current LCU per US$ of GDP | -3.2% |
| 2024 | 0.6142 current LCU per US$ of GDP | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7431 current LCU per US$ of GDP | 0.6911 current LCU per US$ of GDP | 0.8004 current LCU per US$ of GDP | 10 |
| 1970s | 0.6957 current LCU per US$ of GDP | 0.645 current LCU per US$ of GDP | 0.7403 current LCU per US$ of GDP | 10 |
| 1980s | 0.7949 current LCU per US$ of GDP | 0.6762 current LCU per US$ of GDP | 0.9478 current LCU per US$ of GDP | 10 |
| 1990s | 0.7702 current LCU per US$ of GDP | 0.6983 current LCU per US$ of GDP | 0.8524 current LCU per US$ of GDP | 10 |
| 2000s | 0.7322 current LCU per US$ of GDP | 0.6626 current LCU per US$ of GDP | 0.7916 current LCU per US$ of GDP | 10 |
| 2010s | 0.6193 current LCU per US$ of GDP | 0.5954 current LCU per US$ of GDP | 0.6806 current LCU per US$ of GDP | 10 |
| 2020s | 0.6408 current LCU per US$ of GDP | 0.596 current LCU per US$ of GDP | 0.7221 current LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 173 Austria 0.6527 current LCU per US$ of GDP compare
- 174 Slovenia 0.6426 current LCU per US$ of GDP compare
- 175 United Kingdom of Great Britain and Northern Ireland 0.6202 current LCU per US$ of GDP compare
- 177 Netherlands 0.6103 current LCU per US$ of GDP compare
- 178 Turkmenistan 0.599 current LCU per US$ of GDP compare
- 179 Bermuda 0.5502 current 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)
- Households and NPISHs Final consumption expenditure (current LCU) 6.92 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.4902 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 9,393 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.48 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4433 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 8,494 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 6.4 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6142 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure (current lcu), per unit of gdp in Panama?
- Final consumption expenditure (current lcu), per unit of gdp in Panama was 0.6142 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 0.9478 current LCU per US$ of GDP in 1989.
- What is the lowest final consumption expenditure (current lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.5954 current LCU per US$ of GDP in 2015.
- How does Panama rank for final consumption expenditure (current lcu), per unit of gdp?
- Panama ranks 176th out of 188 countries with data for 2024.
- Is final consumption expenditure (current lcu), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 0.3%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current LCU) ÷ GDP (current US$)
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 (current 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.