Final consumption expenditure (current US$), per unit of GDP in Panama
Panama: Final consumption expenditure (current US$), per unit of GDP was 0.6142 current US$ per US$ of GDP in 2024. ▼ Falling
Final consumption expenditure (current US$), per unit of GDP in Panama, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (current us$), per unit of gdp in Panama is 0.6142 current US$ per US$ of GDP, measured in 2024.
That represents a change of up 3.1% on the previous year and down 0.3% over ten years.
Over the whole period, final consumption expenditure (current us$), per unit of gdp in Panama peaked at 0.9478 current US$ per US$ of GDP in 1989 and was at its lowest, 0.5954 current US$ per US$ of GDP, in 2015.
That places Panama 170th out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Final consumption expenditure (current US$), per unit of GDP in Panama, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.8004 current US$ per US$ of GDP | — |
| 1961 | 0.763 current US$ per US$ of GDP | -4.7% |
| 1962 | 0.7429 current US$ per US$ of GDP | -2.6% |
| 1963 | 0.7631 current US$ per US$ of GDP | +2.7% |
| 1964 | 0.7691 current US$ per US$ of GDP | +0.8% |
| 1965 | 0.7601 current US$ per US$ of GDP | -1.2% |
| 1966 | 0.7255 current US$ per US$ of GDP | -4.5% |
| 1967 | 0.718 current US$ per US$ of GDP | -1.0% |
| 1968 | 0.6911 current US$ per US$ of GDP | -3.7% |
| 1969 | 0.6979 current US$ per US$ of GDP | +1.0% |
| 1970 | 0.6923 current US$ per US$ of GDP | -0.8% |
| 1971 | 0.6729 current US$ per US$ of GDP | -2.8% |
| 1972 | 0.6704 current US$ per US$ of GDP | -0.4% |
| 1973 | 0.645 current US$ per US$ of GDP | -3.8% |
| 1974 | 0.6947 current US$ per US$ of GDP | +7.7% |
| 1975 | 0.701 current US$ per US$ of GDP | +0.9% |
| 1976 | 0.6913 current US$ per US$ of GDP | -1.4% |
| 1977 | 0.733 current US$ per US$ of GDP | +6.0% |
| 1978 | 0.7158 current US$ per US$ of GDP | -2.3% |
| 1979 | 0.7403 current US$ per US$ of GDP | +3.4% |
| 1980 | 0.6951 current US$ per US$ of GDP | -6.1% |
| 1981 | 0.7242 current US$ per US$ of GDP | +4.2% |
| 1982 | 0.6762 current US$ per US$ of GDP | -6.6% |
| 1983 | 0.7487 current US$ per US$ of GDP | +10.7% |
| 1984 | 0.8457 current US$ per US$ of GDP | +12.9% |
| 1985 | 0.8426 current US$ per US$ of GDP | -0.4% |
| 1986 | 0.814 current US$ per US$ of GDP | -3.4% |
| 1987 | 0.8107 current US$ per US$ of GDP | -0.4% |
| 1988 | 0.8446 current US$ per US$ of GDP | +4.2% |
| 1989 | 0.9478 current US$ per US$ of GDP | +12.2% |
| 1990 | 0.8359 current US$ per US$ of GDP | -11.8% |
| 1991 | 0.8524 current US$ per US$ of GDP | +2.0% |
| 1992 | 0.8045 current US$ per US$ of GDP | -5.6% |
| 1993 | 0.792 current US$ per US$ of GDP | -1.6% |
| 1994 | 0.762 current US$ per US$ of GDP | -3.8% |
| 1995 | 0.7438 current US$ per US$ of GDP | -2.4% |
| 1996 | 0.7201 current US$ per US$ of GDP | -3.2% |
| 1997 | 0.6983 current US$ per US$ of GDP | -3.0% |
| 1998 | 0.7433 current US$ per US$ of GDP | +6.4% |
| 1999 | 0.7491 current US$ per US$ of GDP | +0.8% |
| 2000 | 0.7287 current US$ per US$ of GDP | -2.7% |
| 2001 | 0.7581 current US$ per US$ of GDP | +4.0% |
| 2002 | 0.7916 current US$ per US$ of GDP | +4.4% |
| 2003 | 0.7552 current US$ per US$ of GDP | -4.6% |
| 2004 | 0.765 current US$ per US$ of GDP | +1.3% |
| 2005 | 0.7571 current US$ per US$ of GDP | -1.0% |
| 2006 | 0.7448 current US$ per US$ of GDP | -1.6% |
| 2007 | 0.6932 current US$ per US$ of GDP | -6.9% |
| 2008 | 0.666 current US$ per US$ of GDP | -3.9% |
| 2009 | 0.6626 current US$ per US$ of GDP | -0.5% |
| 2010 | 0.6806 current US$ per US$ of GDP | +2.7% |
| 2011 | 0.651 current US$ per US$ of GDP | -4.3% |
| 2012 | 0.6162 current US$ per US$ of GDP | -5.3% |
| 2013 | 0.6088 current US$ per US$ of GDP | -1.2% |
| 2014 | 0.6162 current US$ per US$ of GDP | +1.2% |
| 2015 | 0.5954 current US$ per US$ of GDP | -3.4% |
| 2016 | 0.6065 current US$ per US$ of GDP | +1.9% |
| 2017 | 0.5962 current US$ per US$ of GDP | -1.7% |
| 2018 | 0.6024 current US$ per US$ of GDP | +1.0% |
| 2019 | 0.6193 current US$ per US$ of GDP | +2.8% |
| 2020 | 0.7221 current US$ per US$ of GDP | +16.6% |
| 2021 | 0.6562 current US$ per US$ of GDP | -9.1% |
| 2022 | 0.6157 current US$ per US$ of GDP | -6.2% |
| 2023 | 0.596 current US$ per US$ of GDP | -3.2% |
| 2024 | 0.6142 current US$ per US$ of GDP | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7431 current US$ per US$ of GDP | 0.6911 current US$ per US$ of GDP | 0.8004 current US$ per US$ of GDP | 10 |
| 1970s | 0.6957 current US$ per US$ of GDP | 0.645 current US$ per US$ of GDP | 0.7403 current US$ per US$ of GDP | 10 |
| 1980s | 0.7949 current US$ per US$ of GDP | 0.6762 current US$ per US$ of GDP | 0.9478 current US$ per US$ of GDP | 10 |
| 1990s | 0.7702 current US$ per US$ of GDP | 0.6983 current US$ per US$ of GDP | 0.8524 current US$ per US$ of GDP | 10 |
| 2000s | 0.7322 current US$ per US$ of GDP | 0.6626 current US$ per US$ of GDP | 0.7916 current US$ per US$ of GDP | 10 |
| 2010s | 0.6193 current US$ per US$ of GDP | 0.5954 current US$ per US$ of GDP | 0.6806 current US$ per US$ of GDP | 10 |
| 2020s | 0.6408 current US$ per US$ of GDP | 0.596 current US$ per US$ of GDP | 0.7221 current US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 167 Viet Nam 0.6259 current US$ per US$ of GDP compare
- 168 Malta 0.6209 current US$ per US$ of GDP compare
- 169 Switzerland 0.6157 current US$ per US$ of GDP compare
- 171 Zambia 0.6071 current US$ per US$ of GDP compare
- 172 Tanzania, United Republic of 0.6032 current US$ per US$ of GDP compare
- 173 Algeria 0.6004 current US$ 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 capita 11,770 current US$ per person (2024)
Frequently asked questions
- What is final consumption expenditure (current us$), per unit of gdp in Panama?
- Final consumption expenditure (current us$), per unit of gdp in Panama was 0.6142 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), per unit of gdp recorded in Panama?
- The highest recorded value was 0.9478 current US$ per US$ of GDP in 1989.
- What is the lowest final consumption expenditure (current us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.5954 current US$ per US$ of GDP in 2015.
- How does Panama rank for final consumption expenditure (current us$), per unit of gdp?
- Panama ranks 170th out of 188 countries with data for 2024.
- Is final consumption expenditure (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.