General government final consumption expenditure … rate 2015 in Panama
Panama: General government final consumption expenditure … rate 2015 was 3.98 % change on previous year in 2024. ◆ Volatile
General government final consumption expenditure (constant 2015 US$) in Panama, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Panama recorded 3.98 % change on previous year for general government final consumption expenditure (constant 2015 us$) in 2024.
That represents a change of up 19.3% on the previous year and up 248.2% over ten years.
Over the whole period, general government final consumption expenditure (constant 2015 us$) in Panama peaked at 11.5 % change on previous year in 2020 and was at its lowest, 0.1259 % change on previous year, in 2012.
Panama ranks 61st of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure … rate 2015 in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | 0.9082 % change on previous year | — |
| 1998 | 6.8 % change on previous year | +648.5% |
| 1999 | 3.49 % change on previous year | -48.6% |
| 2000 | 4.47 % change on previous year | +28.1% |
| 2001 | 9.78 % change on previous year | +118.8% |
| 2002 | 9.67 % change on previous year | -1.2% |
| 2003 | 0.9934 % change on previous year | -89.7% |
| 2004 | 2.05 % change on previous year | +106.6% |
| 2005 | 7.72 % change on previous year | +276.3% |
| 2006 | 6.05 % change on previous year | -21.7% |
| 2007 | 4.77 % change on previous year | -21.1% |
| 2008 | 8.08 % change on previous year | +69.3% |
| 2009 | 1.7 % change on previous year | -79.0% |
| 2010 | 6.68 % change on previous year | +293.4% |
| 2011 | 5.25 % change on previous year | -21.5% |
| 2012 | 0.1259 % change on previous year | -97.6% |
| 2013 | 2.68 % change on previous year | +2027.7% |
| 2014 | 1.14 % change on previous year | -57.3% |
| 2015 | 6.84 % change on previous year | +498.0% |
| 2016 | 9.53 % change on previous year | +39.2% |
| 2017 | 6.16 % change on previous year | -35.3% |
| 2018 | 6.45 % change on previous year | +4.7% |
| 2019 | 3.76 % change on previous year | -41.8% |
| 2020 | 11.5 % change on previous year | +206.1% |
| 2021 | 7.2 % change on previous year | -37.4% |
| 2022 | 2.94 % change on previous year | -59.2% |
| 2023 | 3.34 % change on previous year | +13.6% |
| 2024 | 3.98 % change on previous year | +19.3% |
Panama compared with similar countries
- Panama's 3.98 % change on previous year is above the median for high income countries, which is 1.7 % change on previous year, 2.3× the median. (60 countries reporting)
- Panama's 3.98 % change on previous year is above the median for Latin America & Caribbean, which is 1.42 % change on previous year, 2.8× the median. (22 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure … rate 2015 in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +2027.7% | 0.1259 % change on previous year | 2.68 % change on previous year |
| 1998 | +648.5% | 0.9082 % change on previous year | 6.8 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.73 % change on previous year | 0.9082 % change on previous year | 6.8 % change on previous year | 3 |
| 2000s | 5.53 % change on previous year | 0.9934 % change on previous year | 9.78 % change on previous year | 10 |
| 2010s | 4.86 % change on previous year | 0.1259 % change on previous year | 9.53 % change on previous year | 10 |
| 2020s | 5.79 % change on previous year | 2.94 % change on previous year | 11.5 % change on previous year | 5 |
Countries ranked near Panama
- 58 Tunisia 4.31 % change on previous year compare
- 59 Croatia 4.13 % change on previous year compare
- 60 Senegal 4.02 % change on previous year compare
- 62 Ireland 3.94 % change on previous year compare
- 63 Luxembourg 3.75 % change on previous year compare
- 64 Ghana 3.66 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure (constant 2015 us$) in Panama?
- General government final consumption expenditure (constant 2015 us$) in Panama was 3.98 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Panama?
- The highest recorded value was 11.5 % change on previous year in 2020.
- What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Panama?
- The lowest recorded value was 0.1259 % change on previous year in 2012.
- How does Panama rank for general government final consumption expenditure (constant 2015 us$)?
- Panama ranks 61st out of 168 countries with data for 2024.
- Is general government final consumption expenditure (constant 2015 us$) rising or falling in Panama?
- Over the last ten years it is up 248.2%. 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 General government final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure 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
The year-on-year percentage change in General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.