General government final consumption expenditure … unit 2015 in Panama
Panama: General government final consumption expenditure … unit 2015 was 0.1079 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
General government final consumption expenditure (constant 2015 US$) in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for general government final consumption expenditure (constant 2015 us$) in Panama is 0.1079 constant 2015 US$ per US$ of GDP, measured in 2024.
That represents a change of up 0.7% on the previous year and up 7.8% over ten years.
Over the whole period, general government final consumption expenditure (constant 2015 us$) in Panama peaked at 0.254 constant 2015 US$ per US$ of GDP in 2002 and was at its lowest, 0.0986 constant 2015 US$ per US$ of GDP, in 2015.
Panama ranks 106th of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
General government final consumption expenditure … unit 2015 in Panama, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1996 | 0.252 constant 2015 US$ per US$ of GDP | — |
| 1997 | 0.2325 constant 2015 US$ per US$ of GDP | -7.7% |
| 1998 | 0.2267 constant 2015 US$ per US$ of GDP | -2.5% |
| 1999 | 0.2217 constant 2015 US$ per US$ of GDP | -2.2% |
| 2000 | 0.2257 constant 2015 US$ per US$ of GDP | +1.8% |
| 2001 | 0.242 constant 2015 US$ per US$ of GDP | +7.2% |
| 2002 | 0.254 constant 2015 US$ per US$ of GDP | +5.0% |
| 2003 | 0.2414 constant 2015 US$ per US$ of GDP | -5.0% |
| 2004 | 0.2219 constant 2015 US$ per US$ of GDP | -8.1% |
| 2005 | 0.2172 constant 2015 US$ per US$ of GDP | -2.2% |
| 2006 | 0.2052 constant 2015 US$ per US$ of GDP | -5.5% |
| 2007 | 0.1847 constant 2015 US$ per US$ of GDP | -10.0% |
| 2008 | 0.1685 constant 2015 US$ per US$ of GDP | -8.7% |
| 2009 | 0.1586 constant 2015 US$ per US$ of GDP | -5.9% |
| 2010 | 0.1556 constant 2015 US$ per US$ of GDP | -1.9% |
| 2011 | 0.1387 constant 2015 US$ per US$ of GDP | -10.8% |
| 2012 | 0.1191 constant 2015 US$ per US$ of GDP | -14.1% |
| 2013 | 0.1084 constant 2015 US$ per US$ of GDP | -9.0% |
| 2014 | 0.1001 constant 2015 US$ per US$ of GDP | -7.7% |
| 2015 | 0.0986 constant 2015 US$ per US$ of GDP | -1.5% |
| 2016 | 0.1008 constant 2015 US$ per US$ of GDP | +2.2% |
| 2017 | 0.0994 constant 2015 US$ per US$ of GDP | -1.4% |
| 2018 | 0.1011 constant 2015 US$ per US$ of GDP | +1.7% |
| 2019 | 0.1012 constant 2015 US$ per US$ of GDP | +0.1% |
| 2020 | 0.138 constant 2015 US$ per US$ of GDP | +36.4% |
| 2021 | 0.1253 constant 2015 US$ per US$ of GDP | -9.2% |
| 2022 | 0.1136 constant 2015 US$ per US$ of GDP | -9.3% |
| 2023 | 0.1071 constant 2015 US$ per US$ of GDP | -5.7% |
| 2024 | 0.1079 constant 2015 US$ per US$ of GDP | +0.7% |
Panama compared with similar countries
- Panama's 0.1079 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.1423 constant 2015 US$ per US$ of GDP, 76% of the median. (60 countries reporting)
- Panama's 0.1079 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1136 constant 2015 US$ per US$ of GDP, 95% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure … unit 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 |
|---|---|---|---|
| 2020 | +36.4% | 0.1012 constant 2015 US$ per US$ of GDP | 0.138 constant 2015 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2332 constant 2015 US$ per US$ of GDP | 0.2217 constant 2015 US$ per US$ of GDP | 0.252 constant 2015 US$ per US$ of GDP | 4 |
| 2000s | 0.2119 constant 2015 US$ per US$ of GDP | 0.1586 constant 2015 US$ per US$ of GDP | 0.254 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1123 constant 2015 US$ per US$ of GDP | 0.0986 constant 2015 US$ per US$ of GDP | 0.1556 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1184 constant 2015 US$ per US$ of GDP | 0.1071 constant 2015 US$ per US$ of GDP | 0.138 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 103 Honduras 0.1102 constant 2015 US$ per US$ of GDP compare
- 104 Turkey 0.1093 constant 2015 US$ per US$ of GDP compare
- 105 Kenya 0.1089 constant 2015 US$ per US$ of GDP compare
- 107 Peru 0.107 constant 2015 US$ per US$ of GDP compare
- 108 Paraguay 0.1065 constant 2015 US$ per US$ of GDP compare
- 109 Ukraine 0.1057 constant 2015 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)
- 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 0.1079 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Panama?
- The highest recorded value was 0.254 constant 2015 US$ per US$ of GDP in 2002.
- What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Panama?
- The lowest recorded value was 0.0986 constant 2015 US$ per US$ of GDP in 2015.
- How does Panama rank for general government final consumption expenditure (constant 2015 us$)?
- Panama ranks 106th out of 168 countries with data for 2024.
- Is general government final consumption expenditure (constant 2015 us$) rising or falling in Panama?
- Over the last ten years it is up 7.8%. 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 General government final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.