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

Panama: General government final consumption expenditure (current LCU), per was 0.124 current LCU per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.124 current LCU per US$ of GDP
Change on year
up 1.1%
World rank
177th
of 187 countries
All-time high
0.2101 current LCU per US$ of GDP
in 1987
All-time low
0.0962 current LCU per US$ of GDP
in 2014
Years of data
65
1960–2024

General government final consumption expenditure (current LCU), per in Panama, 1960–2024

00.050.10.150.2196019922024

Source: Statizoid (derived). Measured in current LCU per US$ of GDP.

Analysis

In 2024, general government final consumption expenditure (current lcu), per in Panama stood at 0.124 current LCU per US$ of GDP.

Compared with earlier readings it is up 1.1% on the previous year and up 29.0% over ten years.

Over the whole period, general government final consumption expenditure (current lcu), per in Panama peaked at 0.2101 current LCU per US$ of GDP in 1987 and was at its lowest, 0.0962 current LCU per US$ of GDP, in 2014.

Panama ranks 177th of 187 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 65 years of available data.

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

Annual values for General government final consumption expenditure (current LCU), per unit of GDP in Panama, 1960 to 2024.
Year current LCU per US$ of GDP Change
1960 0.1044 current LCU per US$ of GDP
1961 0.0994 current LCU per US$ of GDP -4.8%
1962 0.1025 current LCU per US$ of GDP +3.1%
1963 0.111 current LCU per US$ of GDP +8.3%
1964 0.1006 current LCU per US$ of GDP -9.4%
1965 0.1016 current LCU per US$ of GDP +0.9%
1966 0.1116 current LCU per US$ of GDP +9.9%
1967 0.1186 current LCU per US$ of GDP +6.3%
1968 0.1179 current LCU per US$ of GDP -0.6%
1969 0.1157 current LCU per US$ of GDP -1.8%
1970 0.1326 current LCU per US$ of GDP +14.6%
1971 0.1391 current LCU per US$ of GDP +4.9%
1972 0.1592 current LCU per US$ of GDP +14.5%
1973 0.1537 current LCU per US$ of GDP -3.5%
1974 0.1609 current LCU per US$ of GDP +4.7%
1975 0.1706 current LCU per US$ of GDP +6.1%
1976 0.1755 current LCU per US$ of GDP +2.8%
1977 0.177 current LCU per US$ of GDP +0.9%
1978 0.1751 current LCU per US$ of GDP -1.1%
1979 0.1801 current LCU per US$ of GDP +2.9%
1980 0.1679 current LCU per US$ of GDP -6.8%
1981 0.1625 current LCU per US$ of GDP -3.2%
1982 0.1825 current LCU per US$ of GDP +12.3%
1983 0.178 current LCU per US$ of GDP -2.5%
1984 0.1887 current LCU per US$ of GDP +6.0%
1985 0.1866 current LCU per US$ of GDP -1.1%
1986 0.1958 current LCU per US$ of GDP +4.9%
1987 0.2101 current LCU per US$ of GDP +7.3%
1988 0.1995 current LCU per US$ of GDP -5.1%
1989 0.1842 current LCU per US$ of GDP -7.7%
1990 0.1728 current LCU per US$ of GDP -6.2%
1991 0.1674 current LCU per US$ of GDP -3.1%
1992 0.1517 current LCU per US$ of GDP -9.4%
1993 0.1445 current LCU per US$ of GDP -4.8%
1994 0.1412 current LCU per US$ of GDP -2.3%
1995 0.1441 current LCU per US$ of GDP +2.0%
1996 0.1348 current LCU per US$ of GDP -6.4%
1997 0.1257 current LCU per US$ of GDP -6.8%
1998 0.1278 current LCU per US$ of GDP +1.7%
1999 0.1319 current LCU per US$ of GDP +3.2%
2000 0.1348 current LCU per US$ of GDP +2.2%
2001 0.1443 current LCU per US$ of GDP +7.0%
2002 0.154 current LCU per US$ of GDP +6.8%
2003 0.1451 current LCU per US$ of GDP -5.8%
2004 0.1411 current LCU per US$ of GDP -2.8%
2005 0.1401 current LCU per US$ of GDP -0.7%
2006 0.1337 current LCU per US$ of GDP -4.6%
2007 0.1224 current LCU per US$ of GDP -8.4%
2008 0.1178 current LCU per US$ of GDP -3.7%
2009 0.1164 current LCU per US$ of GDP -1.2%
2010 0.1224 current LCU per US$ of GDP +5.2%
2011 0.1143 current LCU per US$ of GDP -6.6%
2012 0.1042 current LCU per US$ of GDP -8.8%
2013 0.1027 current LCU per US$ of GDP -1.5%
2014 0.0962 current LCU per US$ of GDP -6.3%
2015 0.0986 current LCU per US$ of GDP +2.5%
2016 0.1051 current LCU per US$ of GDP +6.6%
2017 0.109 current LCU per US$ of GDP +3.7%
2018 0.1098 current LCU per US$ of GDP +0.7%
2019 0.1112 current LCU per US$ of GDP +1.3%
2020 0.1474 current LCU per US$ of GDP +32.5%
2021 0.1374 current LCU per US$ of GDP -6.7%
2022 0.1276 current LCU per US$ of GDP -7.1%
2023 0.1226 current LCU per US$ of GDP -3.9%
2024 0.124 current LCU per US$ of GDP +1.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1083 current LCU per US$ of GDP 0.0994 current LCU per US$ of GDP 0.1186 current LCU per US$ of GDP 10
1970s 0.1624 current LCU per US$ of GDP 0.1326 current LCU per US$ of GDP 0.1801 current LCU per US$ of GDP 10
1980s 0.1856 current LCU per US$ of GDP 0.1625 current LCU per US$ of GDP 0.2101 current LCU per US$ of GDP 10
1990s 0.1442 current LCU per US$ of GDP 0.1257 current LCU per US$ of GDP 0.1728 current LCU per US$ of GDP 10
2000s 0.135 current LCU per US$ of GDP 0.1164 current LCU per US$ of GDP 0.154 current LCU per US$ of GDP 10
2010s 0.1074 current LCU per US$ of GDP 0.0962 current LCU per US$ of GDP 0.1224 current LCU per US$ of GDP 10
2020s 0.1318 current LCU per US$ of GDP 0.1226 current LCU per US$ of GDP 0.1474 current LCU per US$ of GDP 5

Countries ranked near Panama

  1. 174 San Marino 0.1309 current LCU per US$ of GDP compare
  2. 175 Bahamas 0.1291 current LCU per US$ of GDP compare
  3. 176 Ecuador 0.1282 current LCU per US$ of GDP compare
  4. 178 Kosovo 0.1188 current LCU per US$ of GDP compare
  5. 178 Kosovo (UNSCR 1244) 0.1188 current LCU per US$ of GDP compare
  6. 180 Bermuda 0.1072 current LCU per US$ of GDP compare

See the full ranking of 187 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is general government final consumption expenditure (current lcu), per in Panama?
General government final consumption expenditure (current lcu), per in Panama was 0.124 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest general government final consumption expenditure (current lcu), per recorded in Panama?
The highest recorded value was 0.2101 current LCU per US$ of GDP in 1987.
What is the lowest general government final consumption expenditure (current lcu), per recorded in Panama?
The lowest recorded value was 0.0962 current LCU per US$ of GDP in 2014.
How does Panama rank for general government final consumption expenditure (current lcu), per?
Panama ranks 177th out of 187 countries with data for 2024.
Is general government final consumption expenditure (current lcu), per rising or falling in Panama?
Over the last ten years it is up 29.0%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (current LCU), per in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-current-lcu-per-unit-of-gdp/panama/

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How this figure is calculated

General government final consumption expenditure (current 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 (current LCU) ÷ GDP (current US$)

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 (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,721 data points, 1960–2025
Last refreshed

General government final consumption expenditure (current 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.