General government final consumption expenditure (constant LCU), per in Panama
Panama: General government final consumption expenditure (constant LCU), per was 0.1172 constant LCU per US$ of GDP in 2024. ▼ Falling
General government final consumption expenditure (constant LCU), per in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for general government final consumption expenditure (constant lcu), per in Panama is 0.1172 constant LCU per US$ of GDP, measured in 2024.
The figure is up 0.7% on the previous year and up 7.8% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu), per in Panama peaked at 0.2758 constant LCU per US$ of GDP in 2002 and was at its lowest, 0.1071 constant LCU per US$ of GDP, in 2015.
Panama ranks 155th of 176 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
General government final consumption expenditure (constant LCU), per in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1996 | 0.2737 constant LCU per US$ of GDP | — |
| 1997 | 0.2525 constant LCU per US$ of GDP | -7.7% |
| 1998 | 0.2461 constant LCU per US$ of GDP | -2.5% |
| 1999 | 0.2407 constant LCU per US$ of GDP | -2.2% |
| 2000 | 0.2451 constant LCU per US$ of GDP | +1.8% |
| 2001 | 0.2628 constant LCU per US$ of GDP | +7.2% |
| 2002 | 0.2758 constant LCU per US$ of GDP | +5.0% |
| 2003 | 0.2621 constant LCU per US$ of GDP | -5.0% |
| 2004 | 0.241 constant LCU per US$ of GDP | -8.1% |
| 2005 | 0.2358 constant LCU per US$ of GDP | -2.2% |
| 2006 | 0.2228 constant LCU per US$ of GDP | -5.5% |
| 2007 | 0.2005 constant LCU per US$ of GDP | -10.0% |
| 2008 | 0.183 constant LCU per US$ of GDP | -8.7% |
| 2009 | 0.1723 constant LCU per US$ of GDP | -5.9% |
| 2010 | 0.1689 constant LCU per US$ of GDP | -1.9% |
| 2011 | 0.1506 constant LCU per US$ of GDP | -10.8% |
| 2012 | 0.1294 constant LCU per US$ of GDP | -14.1% |
| 2013 | 0.1177 constant LCU per US$ of GDP | -9.0% |
| 2014 | 0.1087 constant LCU per US$ of GDP | -7.7% |
| 2015 | 0.1071 constant LCU per US$ of GDP | -1.5% |
| 2016 | 0.1094 constant LCU per US$ of GDP | +2.2% |
| 2017 | 0.1079 constant LCU per US$ of GDP | -1.4% |
| 2018 | 0.1098 constant LCU per US$ of GDP | +1.7% |
| 2019 | 0.1099 constant LCU per US$ of GDP | +0.1% |
| 2020 | 0.1499 constant LCU per US$ of GDP | +36.4% |
| 2021 | 0.136 constant LCU per US$ of GDP | -9.2% |
| 2022 | 0.1234 constant LCU per US$ of GDP | -9.3% |
| 2023 | 0.1163 constant LCU per US$ of GDP | -5.7% |
| 2024 | 0.1172 constant LCU per US$ of GDP | +0.7% |
Panama compared with similar countries
- Panama's 0.1172 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1761 constant LCU per US$ of GDP, 67% of the median. (61 countries reporting)
- Panama's 0.1172 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4666 constant LCU per US$ of GDP, 25% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant LCU), per 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% | 0.1099 constant LCU per US$ of GDP | 0.1499 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2533 constant LCU per US$ of GDP | 0.2407 constant LCU per US$ of GDP | 0.2737 constant LCU per US$ of GDP | 4 |
| 2000s | 0.2301 constant LCU per US$ of GDP | 0.1723 constant LCU per US$ of GDP | 0.2758 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1219 constant LCU per US$ of GDP | 0.1071 constant LCU per US$ of GDP | 0.1689 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1286 constant LCU per US$ of GDP | 0.1163 constant LCU per US$ of GDP | 0.1499 constant LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 152 Malta 0.1236 constant LCU per US$ of GDP compare
- 153 Portugal 0.1213 constant LCU per US$ of GDP compare
- 154 Palestine 0.1178 constant LCU per US$ of GDP compare
- 156 El Salvador 0.1167 constant LCU per US$ of GDP compare
- 157 United States 0.1144 constant LCU per US$ of GDP compare
- 158 Cuba 0.1144 constant LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure (constant lcu), per in Panama?
- General government final consumption expenditure (constant lcu), per in Panama was 0.1172 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu), per recorded in Panama?
- The highest recorded value was 0.2758 constant LCU per US$ of GDP in 2002.
- What is the lowest general government final consumption expenditure (constant lcu), per recorded in Panama?
- The lowest recorded value was 0.1071 constant LCU per US$ of GDP in 2015.
- How does Panama rank for general government final consumption expenditure (constant lcu), per?
- Panama ranks 155th out of 176 countries with data for 2024.
- Is general government final consumption expenditure (constant lcu), per 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.