General government final consumption expenditure (constant 2015 US$) in Panama
Panama: General government final consumption expenditure (constant 2015 US$) was 2,068 constant 2015 US$ per person in 2024. ▲ Rising
General government final consumption expenditure (constant 2015 US$) in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Panama recorded 2,068 constant 2015 US$ per person for general government final consumption expenditure (constant 2015 us$) in 2024. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 56.4% over ten years.
Over the whole period, general government final consumption expenditure (constant 2015 us$) in Panama peaked at 2,068 constant 2015 US$ per person in 2024 and was at its lowest, 824.53 constant 2015 US$ per person, in 1997.
Panama ranks 63rd of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
General government final consumption expenditure (constant 2015 US$) in Panama, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1996 | 833.7 constant 2015 US$ per person | — |
| 1997 | 824.53 constant 2015 US$ per person | -1.1% |
| 1998 | 863.16 constant 2015 US$ per person | +4.7% |
| 1999 | 875.77 constant 2015 US$ per person | +1.5% |
| 2000 | 897.14 constant 2015 US$ per person | +2.4% |
| 2001 | 965.94 constant 2015 US$ per person | +7.7% |
| 2002 | 1,039 constant 2015 US$ per person | +7.6% |
| 2003 | 1,029 constant 2015 US$ per person | -0.9% |
| 2004 | 1,031 constant 2015 US$ per person | +0.1% |
| 2005 | 1,090 constant 2015 US$ per person | +5.7% |
| 2006 | 1,134 constant 2015 US$ per person | +4.1% |
| 2007 | 1,167 constant 2015 US$ per person | +2.9% |
| 2008 | 1,238 constant 2015 US$ per person | +6.1% |
| 2009 | 1,237 constant 2015 US$ per person | -0.1% |
| 2010 | 1,296 constant 2015 US$ per person | +4.8% |
| 2011 | 1,340 constant 2015 US$ per person | +3.4% |
| 2012 | 1,318 constant 2015 US$ per person | -1.6% |
| 2013 | 1,330 constant 2015 US$ per person | +0.9% |
| 2014 | 1,322 constant 2015 US$ per person | -0.6% |
| 2015 | 1,389 constant 2015 US$ per person | +5.0% |
| 2016 | 1,495 constant 2015 US$ per person | +7.6% |
| 2017 | 1,560 constant 2015 US$ per person | +4.4% |
| 2018 | 1,633 constant 2015 US$ per person | +4.7% |
| 2019 | 1,668 constant 2015 US$ per person | +2.1% |
| 2020 | 1,834 constant 2015 US$ per person | +10.0% |
| 2021 | 1,943 constant 2015 US$ per person | +5.9% |
| 2022 | 1,975 constant 2015 US$ per person | +1.6% |
| 2023 | 2,014 constant 2015 US$ per person | +2.0% |
| 2024 | 2,068 constant 2015 US$ per person | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 849.29 constant 2015 US$ per person | 824.53 constant 2015 US$ per person | 875.77 constant 2015 US$ per person | 4 |
| 2000s | 1,083 constant 2015 US$ per person | 897.14 constant 2015 US$ per person | 1,238 constant 2015 US$ per person | 10 |
| 2010s | 1,435 constant 2015 US$ per person | 1,296 constant 2015 US$ per person | 1,668 constant 2015 US$ per person | 10 |
| 2020s | 1,967 constant 2015 US$ per person | 1,834 constant 2015 US$ per person | 2,068 constant 2015 US$ per person | 5 |
Countries ranked near Panama
- 60 Botswana 2,332 constant 2015 US$ per person compare
- 61 Costa Rica 2,213 constant 2015 US$ per person compare
- 62 Russian Federation 2,094 constant 2015 US$ per person compare
- 64 Türkiye 2,033 constant 2015 US$ per person compare
- 65 Bulgaria 1,876 constant 2015 US$ per person compare
- 66 Brazil 1,852 constant 2015 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)
- Total reserves minus gold (current US$), annual growth rate -8.97 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.069 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,365 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.41 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.124 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 2,377 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.41 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.124 current LCU per US$ of GDP (2024)
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 2,068 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Panama?
- The highest recorded value was 2,068 constant 2015 US$ per person in 2024.
- What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Panama?
- The lowest recorded value was 824.53 constant 2015 US$ per person in 1997.
- How does Panama rank for general government final consumption expenditure (constant 2015 us$)?
- Panama ranks 63rd out of 168 countries with data for 2024.
- Is general government final consumption expenditure (constant 2015 us$) rising or falling in Panama?
- Over the last ten years it is up 56.4%. The long-run trend across the full record is rising.
- 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$), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
General government final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
General government final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.