General government final consumption expenditure (current LCU) in Panama
Panama: General government final consumption expenditure (current LCU) was 4.41 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.41 % change on previous year
Change on year
down 16.9%
World rank
130th
of 185 countries
All-time high
26.73 % change on previous year
in 1970
All-time low
-17.92 % change on previous year
in 1988
Years of data
64
1961–2024
General government final consumption expenditure (current LCU) in Panama, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for general government final consumption expenditure (current lcu) in Panama is 4.41 % change on previous year, measured in 2024.
The figure is down 16.9% on the previous year and up 68.1% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in Panama peaked at 26.73 % change on previous year in 1970 and was at its lowest, -17.92 % change on previous year, in 1988.
Panama ranks 130th of 185 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 (current LCU) in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 6.18 % change on previous year | — |
| 1962 | 12.25 % change on previous year | +98.1% |
| 1963 | 20.04 % change on previous year | +63.6% |
| 1964 | -2.68 % change on previous year | -113.4% |
| 1965 | 10.87 % change on previous year | -505.3% |
| 1966 | 19.75 % change on previous year | +81.7% |
| 1967 | 18.34 % change on previous year | -7.2% |
| 1968 | 6.92 % change on previous year | -62.3% |
| 1969 | 7.75 % change on previous year | +12.0% |
| 1970 | 26.73 % change on previous year | +245.0% |
| 1971 | 18.32 % change on previous year | -31.5% |
| 1972 | 25.69 % change on previous year | +40.3% |
| 1973 | 10.42 % change on previous year | -59.4% |
| 1974 | 19.67 % change on previous year | +88.8% |
| 1975 | 18.04 % change on previous year | -8.3% |
| 1976 | 9.28 % change on previous year | -48.5% |
| 1977 | 6.73 % change on previous year | -27.5% |
| 1978 | 17.18 % change on previous year | +155.1% |
| 1979 | 17.46 % change on previous year | +1.6% |
| 1980 | 16.11 % change on previous year | -7.7% |
| 1981 | 9.53 % change on previous year | -40.9% |
| 1982 | 24.11 % change on previous year | +153.0% |
| 1983 | 0.1102 % change on previous year | -99.5% |
| 1984 | 10.67 % change on previous year | +9588.4% |
| 1985 | 4.63 % change on previous year | -56.6% |
| 1986 | 9.04 % change on previous year | +95.0% |
| 1987 | 7.78 % change on previous year | -14.0% |
| 1988 | -17.92 % change on previous year | -330.4% |
| 1989 | -7.43 % change on previous year | -58.5% |
| 1990 | 1.97 % change on previous year | -126.5% |
| 1991 | 6.55 % change on previous year | +232.1% |
| 1992 | 2.98 % change on previous year | -54.4% |
| 1993 | 4.02 % change on previous year | +34.5% |
| 1994 | 4.23 % change on previous year | +5.4% |
| 1995 | 4.31 % change on previous year | +1.7% |
| 1996 | -10.1 % change on previous year | -334.6% |
| 1997 | 1.93 % change on previous year | -119.1% |
| 1998 | 11.44 % change on previous year | +492.2% |
| 1999 | 9.19 % change on previous year | -19.7% |
| 2000 | 4.9 % change on previous year | -46.7% |
| 2001 | 9.57 % change on previous year | +95.2% |
| 2002 | 11.54 % change on previous year | +20.5% |
| 2003 | 0.1096 % change on previous year | -99.1% |
| 2004 | 7.93 % change on previous year | +7139.7% |
| 2005 | 9.3 % change on previous year | +17.3% |
| 2006 | 7.11 % change on previous year | -23.5% |
| 2007 | 6.58 % change on previous year | -7.5% |
| 2008 | 14.02 % change on previous year | +113.3% |
| 2009 | 6.74 % change on previous year | -51.9% |
| 2010 | 14.4 % change on previous year | +113.6% |
| 2011 | 10.24 % change on previous year | -28.9% |
| 2012 | 6.25 % change on previous year | -38.9% |
| 2013 | 11.17 % change on previous year | +78.6% |
| 2014 | 2.62 % change on previous year | -76.5% |
| 2015 | 11.18 % change on previous year | +326.3% |
| 2016 | 14.25 % change on previous year | +27.5% |
| 2017 | 11.62 % change on previous year | -18.4% |
| 2018 | 5.4 % change on previous year | -53.5% |
| 2019 | 5.03 % change on previous year | -6.9% |
| 2020 | 8.33 % change on previous year | +65.6% |
| 2021 | 10.15 % change on previous year | +21.9% |
| 2022 | 5.38 % change on previous year | -47.0% |
| 2023 | 5.3 % change on previous year | -1.5% |
| 2024 | 4.41 % change on previous year | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.05 % change on previous year | -2.68 % change on previous year | 20.04 % change on previous year | 9 |
| 1970s | 16.95 % change on previous year | 6.73 % change on previous year | 26.73 % change on previous year | 10 |
| 1980s | 5.66 % change on previous year | -17.92 % change on previous year | 24.11 % change on previous year | 10 |
| 1990s | 3.65 % change on previous year | -10.1 % change on previous year | 11.44 % change on previous year | 10 |
| 2000s | 7.78 % change on previous year | 0.1096 % change on previous year | 14.02 % change on previous year | 10 |
| 2010s | 9.22 % change on previous year | 2.62 % change on previous year | 14.4 % change on previous year | 10 |
| 2020s | 6.71 % change on previous year | 4.41 % change on previous year | 10.15 % change on previous year | 5 |
Countries ranked near Panama
- 127 Belgium 4.5 % change on previous year compare
- 128 Guinea-Bissau 4.5 % change on previous year compare
- 129 Bermuda 4.44 % change on previous year compare
- 131 Palestine, State of 4.24 % change on previous year compare
- 132 Israel 4.11 % change on previous year compare
- 133 Congo, Democratic Republic of the 4.08 % 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)
- 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), per 0.124 current LCU per US$ of GDP (2024)
- General government final consumption expenditure (current LCU), per 2,377 current LCU per person (2024)
Frequently asked questions
- What is general government final consumption expenditure (current lcu) in Panama?
- General government final consumption expenditure (current lcu) in Panama was 4.41 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in Panama?
- The highest recorded value was 26.73 % change on previous year in 1970.
- What is the lowest general government final consumption expenditure (current lcu) recorded in Panama?
- The lowest recorded value was -17.92 % change on previous year in 1988.
- How does Panama rank for general government final consumption expenditure (current lcu)?
- Panama ranks 130th out of 185 countries with data for 2024.
- Is general government final consumption expenditure (current lcu) rising or falling in Panama?
- Over the last ten years it is up 68.1%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 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 (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.