General government final consumption expenditure (constant LCU), per in Panama

Panama: General government final consumption expenditure (constant LCU), per was 131,450 constant LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
131,450 constant LCU per square kilometre
Change on year
up 3.3%
World rank
137th
of 172 countries
All-time high
131,450 constant LCU per square kilometre
in 2023
All-time low
33,857 constant LCU per square kilometre
in 1996
Years of data
28
1996–2023

General government final consumption expenditure (constant LCU), per in Panama, 1996–2023

40.0k60.0k80.0k100.0k120.0k140.0k1996200920231996: 33.9k constant LCU per square kilometre1997: 34.2k constant LCU per square kilometre1998: 36.5k constant LCU per square kilometre1999: 37.8k constant LCU per square kilometre2000: 39.4k constant LCU per square kilometre2001: 43.3k constant LCU per square kilometre2002: 47.5k constant LCU per square kilometre2003: 48.0k constant LCU per square kilometre2004: 49.0k constant LCU per square kilometre2005: 52.7k constant LCU per square kilometre2006: 55.9k constant LCU per square kilometre2007: 58.6k constant LCU per square kilometre2008: 63.3k constant LCU per square kilometre2009: 64.4k constant LCU per square kilometre2010: 68.7k constant LCU per square kilometre2011: 72.3k constant LCU per square kilometre2012: 72.4k constant LCU per square kilometre2013: 74.3k constant LCU per square kilometre2014: 75.4k constant LCU per square kilometre2015: 80.6k constant LCU per square kilometre2016: 88.2k constant LCU per square kilometre2017: 93.7k constant LCU per square kilometre2018: 99.6k constant LCU per square kilometre2019: 103.4k constant LCU per square kilometre2020: 115.3k constant LCU per square kilometre2021: 123.6k constant LCU per square kilometre2022: 127.2k constant LCU per square kilometre2023: 131.4k constant LCU per square kilometre

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

The most recent figure for general government final consumption expenditure (constant lcu), per in Panama is 131,450 constant LCU per square kilometre, measured in 2023. That is the highest value across all 28 years on record.

The figure is up 3.3% on the previous year and up 76.9% over ten years.

Over the whole period, general government final consumption expenditure (constant lcu), per in Panama peaked at 131,450 constant LCU per square kilometre in 2023 and was at its lowest, 33,857 constant LCU per square kilometre, in 1996.

That places Panama 137th out of 172 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 28 years of available data.

General government final consumption expenditure (constant LCU), per in Panama, year by year

Annual values for General government final consumption expenditure (constant LCU), per square kilometre in Panama, 1996 to 2023.
Year constant LCU per square kilometre Change
1996 33,857 constant LCU per square kilometre
1997 34,165 constant LCU per square kilometre +0.9%
1998 36,487 constant LCU per square kilometre +6.8%
1999 37,761 constant LCU per square kilometre +3.5%
2000 39,450 constant LCU per square kilometre +4.5%
2001 43,310 constant LCU per square kilometre +9.8%
2002 47,496 constant LCU per square kilometre +9.7%
2003 47,968 constant LCU per square kilometre +1.0%
2004 48,952 constant LCU per square kilometre +2.1%
2005 52,732 constant LCU per square kilometre +7.7%
2006 55,919 constant LCU per square kilometre +6.0%
2007 58,587 constant LCU per square kilometre +4.8%
2008 63,319 constant LCU per square kilometre +8.1%
2009 64,394 constant LCU per square kilometre +1.7%
2010 68,695 constant LCU per square kilometre +6.7%
2011 72,299 constant LCU per square kilometre +5.2%
2012 72,390 constant LCU per square kilometre +0.1%
2013 74,329 constant LCU per square kilometre +2.7%
2014 75,402 constant LCU per square kilometre +1.4%
2015 80,560 constant LCU per square kilometre +6.8%
2016 88,234 constant LCU per square kilometre +9.5%
2017 93,673 constant LCU per square kilometre +6.2%
2018 99,638 constant LCU per square kilometre +6.4%
2019 103,382 constant LCU per square kilometre +3.8%
2020 115,272 constant LCU per square kilometre +11.5%
2021 123,572 constant LCU per square kilometre +7.2%
2022 127,203 constant LCU per square kilometre +2.9%
2023 131,450 constant LCU per square kilometre +3.3%

Panama compared with similar countries

  • Panama's 131,450 constant LCU per square kilometre is below the median for high income countries, which is 1.22 million constant LCU per square kilometre, 11% of the median. (61 countries reporting)
  • Panama's 131,450 constant LCU per square kilometre is below the median for Latin America & Caribbean, which is 274,037 constant LCU per square kilometre, 48% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 35,568 constant LCU per square kilometre 33,857 constant LCU per square kilometre 37,761 constant LCU per square kilometre 4
2000s 52,213 constant LCU per square kilometre 39,450 constant LCU per square kilometre 64,394 constant LCU per square kilometre 10
2010s 82,860 constant LCU per square kilometre 68,695 constant LCU per square kilometre 103,382 constant LCU per square kilometre 10
2020s 124,374 constant LCU per square kilometre 115,272 constant LCU per square kilometre 131,450 constant LCU per square kilometre 4

Countries ranked near Panama

  1. 134 Bosnia and Herzegovina 153,484 constant LCU per square kilometre compare
  2. 135 Lithuania 151,949 constant LCU per square kilometre compare
  3. 136 Estonia 138,167 constant LCU per square kilometre compare
  4. 138 Samoa 131,340 constant LCU per square kilometre compare
  5. 139 Solomon Islands 125,869 constant LCU per square kilometre compare
  6. 140 Bulgaria 125,178 constant LCU per square kilometre compare

See the full ranking of 172 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is general government final consumption expenditure (constant lcu), per in Panama?
General government final consumption expenditure (constant lcu), per in Panama was 131,450 constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest general government final consumption expenditure (constant lcu), per recorded in Panama?
The highest recorded value was 131,450 constant LCU per square kilometre in 2023.
What is the lowest general government final consumption expenditure (constant lcu), per recorded in Panama?
The lowest recorded value was 33,857 constant LCU per square kilometre in 1996.
How does Panama rank for general government final consumption expenditure (constant lcu), per?
Panama ranks 137th out of 172 countries with data for 2023.
Is general government final consumption expenditure (constant lcu), per rising or falling in Panama?
Over the last ten years it is up 76.9%. 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (constant LCU), per in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-constant-lcu-per-square-kilometre/panama/

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How this figure is calculated

General government final consumption expenditure (constant LCU) divided by Land area (sq. km), 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 LCU) ÷ Land area (sq. km)

Computed from

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

Indicator
General government final consumption expenditure (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 6,865 data points, 1961–2023
Last refreshed

General government final consumption expenditure (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.