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

Panama: General government final consumption expenditure (current US$), per was 2,377 current US$ per person in 2024. ◆ Volatile

Latest (2024)
2,377 current US$ per person
Change on year
up 3.1%
World rank
72nd
of 187 countries
All-time high
2,377 current US$ per person
in 2024
All-time low
49.81 current US$ per person
in 1960
Years of data
65
1960–2024

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

05001.0k1.5k2.0k2.5k196019922024

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

The most recent figure for general government final consumption expenditure (current us$), per in Panama is 2,377 current US$ per person, measured in 2024. That is the highest value across all 65 years on record.

That represents a change of up 3.1% on the previous year and up 87.0% over ten years.

Over the whole period, general government final consumption expenditure (current us$), per in Panama peaked at 2,377 current US$ per person in 2024 and was at its lowest, 49.81 current US$ per person, in 1960.

Panama ranks 72nd of 187 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 US$), per in Panama, year by year

Annual values for General government final consumption expenditure (current US$), per capita in Panama, 1960 to 2024.
Year current US$ per person Change
1960 49.81 current US$ per person
1961 51.34 current US$ per person +3.1%
1962 55.93 current US$ per person +8.9%
1963 65.12 current US$ per person +16.4%
1964 61.48 current US$ per person -5.6%
1965 66.15 current US$ per person +7.6%
1966 76.89 current US$ per person +16.2%
1967 88.36 current US$ per person +14.9%
1968 91.77 current US$ per person +3.9%
1969 96.1 current US$ per person +4.7%
1970 118.39 current US$ per person +23.2%
1971 136.21 current US$ per person +15.0%
1972 166.54 current US$ per person +22.3%
1973 178.97 current US$ per person +7.5%
1974 208.56 current US$ per person +16.5%
1975 239.88 current US$ per person +15.0%
1976 255.57 current US$ per person +6.5%
1977 266.1 current US$ per person +4.1%
1978 304.34 current US$ per person +14.4%
1979 349.01 current US$ per person +14.7%
1980 395.73 current US$ per person +13.4%
1981 423.3 current US$ per person +7.0%
1982 513.12 current US$ per person +21.2%
1983 501.74 current US$ per person -2.2%
1984 542.46 current US$ per person +8.1%
1985 554.67 current US$ per person +2.2%
1986 591.25 current US$ per person +6.6%
1987 623.21 current US$ per person +5.4%
1988 500.49 current US$ per person -19.7%
1989 453.5 current US$ per person -9.4%
1990 452.69 current US$ per person -0.2%
1991 472.2 current US$ per person +4.3%
1992 476.21 current US$ per person +0.9%
1993 485.15 current US$ per person +1.9%
1994 495.38 current US$ per person +2.1%
1995 506.28 current US$ per person +2.2%
1996 446.01 current US$ per person -11.9%
1997 445.57 current US$ per person -0.1%
1998 486.72 current US$ per person +9.2%
1999 521.03 current US$ per person +7.0%
2000 535.93 current US$ per person +2.9%
2001 575.9 current US$ per person +7.5%
2002 630.05 current US$ per person +9.4%
2003 618.79 current US$ per person -1.8%
2004 655.26 current US$ per person +5.9%
2005 702.83 current US$ per person +7.3%
2006 738.97 current US$ per person +5.1%
2007 773.25 current US$ per person +4.6%
2008 865.78 current US$ per person +12.0%
2009 907.62 current US$ per person +4.8%
2010 1,020 current US$ per person +12.4%
2011 1,105 current US$ per person +8.3%
2012 1,153 current US$ per person +4.4%
2013 1,260 current US$ per person +9.3%
2014 1,271 current US$ per person +0.9%
2015 1,389 current US$ per person +9.3%
2016 1,559 current US$ per person +12.3%
2017 1,711 current US$ per person +9.7%
2018 1,773 current US$ per person +3.7%
2019 1,833 current US$ per person +3.4%
2020 1,959 current US$ per person +6.8%
2021 2,132 current US$ per person +8.8%
2022 2,218 current US$ per person +4.1%
2023 2,305 current US$ per person +3.9%
2024 2,377 current US$ per person +3.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 70.3 current US$ per person 49.81 current US$ per person 96.1 current US$ per person 10
1970s 222.36 current US$ per person 118.39 current US$ per person 349.01 current US$ per person 10
1980s 509.95 current US$ per person 395.73 current US$ per person 623.21 current US$ per person 10
1990s 478.72 current US$ per person 445.57 current US$ per person 521.03 current US$ per person 10
2000s 700.44 current US$ per person 535.93 current US$ per person 907.62 current US$ per person 10
2010s 1,407 current US$ per person 1,020 current US$ per person 1,833 current US$ per person 10
2020s 2,198 current US$ per person 1,959 current US$ per person 2,377 current US$ per person 5

Countries ranked near Panama

  1. 69 Montenegro 2,579 current US$ per person compare
  2. 70 Türkiye 2,579 current US$ per person compare
  3. 71 Botswana 2,449 current US$ per person compare
  4. 73 Maldives 2,337 current US$ per person compare
  5. 74 Argentina 2,224 current US$ per person compare
  6. 75 China 2,221 current US$ per person compare

See the full ranking of 230 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is general government final consumption expenditure (current us$), per in Panama?
General government final consumption expenditure (current us$), per in Panama was 2,377 current US$ per person in 2024, according to Statizoid (derived).
What is the highest general government final consumption expenditure (current us$), per recorded in Panama?
The highest recorded value was 2,377 current US$ per person in 2024.
What is the lowest general government final consumption expenditure (current us$), per recorded in Panama?
The lowest recorded value was 49.81 current US$ per person in 1960.
How does Panama rank for general government final consumption expenditure (current us$), per?
Panama ranks 72nd out of 187 countries with data for 2024.
Is general government final consumption expenditure (current us$), per rising or falling in Panama?
Over the last ten years it is up 87.0%. 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 US$), per capita. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (current US$), per in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-current-us-per-capita/panama/

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How this figure is calculated

General government final consumption expenditure (current US$) divided by Population, total, 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 US$) ÷ Population, total

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 US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 11,065 data points, 1960–2025
Last refreshed

General government final consumption expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.