Gross national expenditure (constant 2015 US$), annual growth rate in Panama

Panama: Gross national expenditure (constant 2015 US$), annual growth rate was 0.9641 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.9641 % change on previous year
Change on year
down 88.7%
World rank
131st
of 163 countries
All-time high
17.72 % change on previous year
in 1998
All-time low
-21.14 % change on previous year
in 2020
Years of data
28
1997–2024

Gross national expenditure (constant 2015 US$), annual growth rate in Panama, 1997–2024

-20-10010201997201020241997: 8.6 % change on previous year1998: 17.7 % change on previous year1999: 3.5 % change on previous year2000: 0.583 % change on previous year2001: -0.677 % change on previous year2002: 5.9 % change on previous year2003: 9.8 % change on previous year2004: 6.3 % change on previous year2005: 9.5 % change on previous year2006: 8.2 % change on previous year2007: 10.5 % change on previous year2008: 12.3 % change on previous year2009: -5.1 % change on previous year2010: 14.2 % change on previous year2011: 8.4 % change on previous year2012: 10.5 % change on previous year2013: 7.8 % change on previous year2014: 6 % change on previous year2015: 4.2 % change on previous year2016: 4 % change on previous year2017: 5.3 % change on previous year2018: 3.5 % change on previous year2019: 1.8 % change on previous year2020: -21.1 % change on previous year2021: 17.1 % change on previous year2022: 11.1 % change on previous year2023: 8.5 % change on previous year2024: 0.964 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross national expenditure (constant 2015 us$), annual growth rate in Panama is 0.9641 % change on previous year, measured in 2024.

That represents a change of down 88.7% on the previous year and down 83.9% over ten years.

Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in Panama peaked at 17.72 % change on previous year in 1998 and was at its lowest, -21.14 % change on previous year, in 2020.

Panama ranks 131st of 163 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross national expenditure (constant 2015 US$), annual growth rate in Panama, year by year

Annual values for Gross national expenditure (constant 2015 US$), annual growth rate in Panama, 1997 to 2024.
Year % change on previous year Change
1997 8.56 % change on previous year
1998 17.72 % change on previous year +107.0%
1999 3.53 % change on previous year -80.1%
2000 0.5827 % change on previous year -83.5%
2001 -0.6765 % change on previous year -216.1%
2002 5.87 % change on previous year -967.8%
2003 9.77 % change on previous year +66.4%
2004 6.32 % change on previous year -35.4%
2005 9.48 % change on previous year +50.2%
2006 8.2 % change on previous year -13.5%
2007 10.47 % change on previous year +27.6%
2008 12.31 % change on previous year +17.6%
2009 -5.12 % change on previous year -141.6%
2010 14.21 % change on previous year -377.5%
2011 8.39 % change on previous year -40.9%
2012 10.54 % change on previous year +25.6%
2013 7.77 % change on previous year -26.3%
2014 5.98 % change on previous year -23.0%
2015 4.2 % change on previous year -29.9%
2016 4 % change on previous year -4.6%
2017 5.26 % change on previous year +31.4%
2018 3.46 % change on previous year -34.2%
2019 1.82 % change on previous year -47.4%
2020 -21.14 % change on previous year -1261.6%
2021 17.11 % change on previous year -180.9%
2022 11.08 % change on previous year -35.2%
2023 8.51 % change on previous year -23.2%
2024 0.9641 % change on previous year -88.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.94 % change on previous year 3.53 % change on previous year 17.72 % change on previous year 3
2000s 5.72 % change on previous year -5.12 % change on previous year 12.31 % change on previous year 10
2010s 6.56 % change on previous year 1.82 % change on previous year 14.21 % change on previous year 10
2020s 3.31 % change on previous year -21.14 % change on previous year 17.11 % change on previous year 5

Countries ranked near Panama

  1. 128 Mongolia 1.23 % change on previous year compare
  2. 129 Romania 1.15 % change on previous year compare
  3. 130 Norway 1.03 % change on previous year compare
  4. 132 Mozambique 0.8348 % change on previous year compare
  5. 133 Russian Federation 0.8171 % change on previous year compare
  6. 134 Greece 0.8026 % change on previous year compare

See the full ranking of 204 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is gross national expenditure (constant 2015 us$), annual growth rate in Panama?
Gross national expenditure (constant 2015 us$), annual growth rate in Panama was 0.9641 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in Panama?
The highest recorded value was 17.72 % change on previous year in 1998.
What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in Panama?
The lowest recorded value was -21.14 % change on previous year in 2020.
How does Panama rank for gross national expenditure (constant 2015 us$), annual growth rate?
Panama ranks 131st out of 163 countries with data for 2024.
Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in Panama?
Over the last ten years it is down 83.9%. 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 Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure (constant 2015 US$), annual growth rate in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-annual-growth-rate/panama/

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How this figure is calculated

The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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
Gross national expenditure (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,205 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.