Final consumption expenditure (current US$), per capita in Panama
Panama: Final consumption expenditure (current US$), per capita was 11,770 current US$ per person in 2024. ◆ Volatile
Final consumption expenditure (current US$), per capita in Panama, 1960–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Panama recorded 11,770 current US$ per person for final consumption expenditure (current us$), per capita in 2024. That is the highest value across all 65 years on record.
The figure is up 5.1% on the previous year and up 44.6% over ten years.
Over the whole period, final consumption expenditure (current us$), per capita in Panama peaked at 11,770 current US$ per person in 2024 and was at its lowest, 381.83 current US$ per person, in 1960.
That places Panama 69th out of 188 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), per capita in Panama, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1960 | 381.83 current US$ per person | — |
| 1961 | 394.04 current US$ per person | +3.2% |
| 1962 | 405.31 current US$ per person | +2.9% |
| 1963 | 447.64 current US$ per person | +10.4% |
| 1964 | 469.97 current US$ per person | +5.0% |
| 1965 | 495.04 current US$ per person | +5.3% |
| 1966 | 499.75 current US$ per person | +1.0% |
| 1967 | 534.84 current US$ per person | +7.0% |
| 1968 | 538.02 current US$ per person | +0.6% |
| 1969 | 579.46 current US$ per person | +7.7% |
| 1970 | 618.17 current US$ per person | +6.7% |
| 1971 | 659 current US$ per person | +6.6% |
| 1972 | 701.23 current US$ per person | +6.4% |
| 1973 | 751.03 current US$ per person | +7.1% |
| 1974 | 900.65 current US$ per person | +19.9% |
| 1975 | 985.44 current US$ per person | +9.4% |
| 1976 | 1,007 current US$ per person | +2.2% |
| 1977 | 1,102 current US$ per person | +9.4% |
| 1978 | 1,244 current US$ per person | +12.9% |
| 1979 | 1,435 current US$ per person | +15.3% |
| 1980 | 1,638 current US$ per person | +14.2% |
| 1981 | 1,887 current US$ per person | +15.2% |
| 1982 | 1,901 current US$ per person | +0.8% |
| 1983 | 2,111 current US$ per person | +11.0% |
| 1984 | 2,431 current US$ per person | +15.2% |
| 1985 | 2,504 current US$ per person | +3.0% |
| 1986 | 2,458 current US$ per person | -1.9% |
| 1987 | 2,404 current US$ per person | -2.2% |
| 1988 | 2,119 current US$ per person | -11.9% |
| 1989 | 2,334 current US$ per person | +10.1% |
| 1990 | 2,190 current US$ per person | -6.1% |
| 1991 | 2,404 current US$ per person | +9.8% |
| 1992 | 2,526 current US$ per person | +5.1% |
| 1993 | 2,660 current US$ per person | +5.3% |
| 1994 | 2,673 current US$ per person | +0.5% |
| 1995 | 2,614 current US$ per person | -2.2% |
| 1996 | 2,382 current US$ per person | -8.9% |
| 1997 | 2,476 current US$ per person | +3.9% |
| 1998 | 2,830 current US$ per person | +14.3% |
| 1999 | 2,959 current US$ per person | +4.6% |
| 2000 | 2,897 current US$ per person | -2.1% |
| 2001 | 3,026 current US$ per person | +4.5% |
| 2002 | 3,238 current US$ per person | +7.0% |
| 2003 | 3,221 current US$ per person | -0.5% |
| 2004 | 3,553 current US$ per person | +10.3% |
| 2005 | 3,799 current US$ per person | +6.9% |
| 2006 | 4,118 current US$ per person | +8.4% |
| 2007 | 4,380 current US$ per person | +6.4% |
| 2008 | 4,893 current US$ per person | +11.7% |
| 2009 | 5,166 current US$ per person | +5.6% |
| 2010 | 5,670 current US$ per person | +9.8% |
| 2011 | 6,290 current US$ per person | +10.9% |
| 2012 | 6,818 current US$ per person | +8.4% |
| 2013 | 7,472 current US$ per person | +9.6% |
| 2014 | 8,142 current US$ per person | +9.0% |
| 2015 | 8,385 current US$ per person | +3.0% |
| 2016 | 8,996 current US$ per person | +7.3% |
| 2017 | 9,357 current US$ per person | +4.0% |
| 2018 | 9,729 current US$ per person | +4.0% |
| 2019 | 10,205 current US$ per person | +4.9% |
| 2020 | 9,597 current US$ per person | -6.0% |
| 2021 | 10,178 current US$ per person | +6.1% |
| 2022 | 10,700 current US$ per person | +5.1% |
| 2023 | 11,203 current US$ per person | +4.7% |
| 2024 | 11,770 current US$ per person | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 474.59 current US$ per person | 381.83 current US$ per person | 579.46 current US$ per person | 10 |
| 1970s | 940.33 current US$ per person | 618.17 current US$ per person | 1,435 current US$ per person | 10 |
| 1980s | 2,179 current US$ per person | 1,638 current US$ per person | 2,504 current US$ per person | 10 |
| 1990s | 2,572 current US$ per person | 2,190 current US$ per person | 2,959 current US$ per person | 10 |
| 2000s | 3,829 current US$ per person | 2,897 current US$ per person | 5,166 current US$ per person | 10 |
| 2010s | 8,106 current US$ per person | 5,670 current US$ per person | 10,205 current US$ per person | 10 |
| 2020s | 10,689 current US$ per person | 9,597 current US$ per person | 11,770 current US$ per person | 5 |
Countries ranked near Panama
- 66 Argentina 12,650 current US$ per person compare
- 67 Russian Federation 12,558 current US$ per person compare
- 68 Serbia 12,350 current US$ per person compare
- 70 Oman 11,737 current US$ per person compare
- 71 Mexico 11,392 current US$ per person compare
- 72 Mauritius 10,731 current US$ 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)
- 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 us$), per capita in Panama?
- Final consumption expenditure (current us$), per capita in Panama was 11,770 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), per capita recorded in Panama?
- The highest recorded value was 11,770 current US$ per person in 2024.
- What is the lowest final consumption expenditure (current us$), per capita recorded in Panama?
- The lowest recorded value was 381.83 current US$ per person in 1960.
- How does Panama rank for final consumption expenditure (current us$), per capita?
- Panama ranks 69th out of 188 countries with data for 2024.
- Is final consumption expenditure (current us$), per capita rising or falling in Panama?
- Over the last ten years it is up 44.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Final consumption expenditure (current US$) 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 (current US$) ÷ Population, total
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.